AutoTrade EA: Free MT4/MT5 Expert Advisor

AutoTrade EA

AutoTrade EA is a scalping robot for MetaTrader 4 and 5 that utilizes a multi-indicator signal scoring system based on Exponential Moving Average crossovers and RSI levels.

High risk

Overview

AutoTrade EA employs an aggressive trade management strategy featuring a dynamic grid and a stepped martingale lot scaling system where position sizes increase at specific levels. The EA manages risk through emergency loss triggers based on equity percentage and fixed monetary profit targets, though the default stop loss is set to zero. The README is missing, but code comments indicate it is optimized for high-frequency trading.

Dynamic ATR-based grid spacing with volatility filters

Stepped martingale lot scaling with customizable increments

Multi-indicator signal scoring using EMA and RSI

Emergency drawdown protection based on account percentage

Smart take profit modes including fixed and scaled amounts

Details

Author

liucheng-12-08 on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)

Strategy

Scalping, Indicator crossover, Martingale, Grid, Hedging

Markets

Forex, Gold

Timeframes

M1-M5

Risk profile

Uses martingale lot scaling: losses can grow fast
Opens a grid of orders: exposure builds up in a trend
Holds opposite positions at once
Trades without a fixed stop loss

EA files

Source

github.com/liucheng-12-08/EA

Input parameters

Read from AutoTradeEA_new.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`Section1`	`string`	`========== 基础参数 ==========`
`LotSize`	`double`	`0.01`
`MagicNumber`	`int`	`20888`
`Slippage`	`int`	`3`
`Section2`	`string`	`========== 止盈止损（智能混合模式）==========`
`FixedProfitAmount`	`double`	`0.8`
`MultiOrderProfitAmount`	`double`	`10`
`UseMultiOrderProfitScale`	`bool`	`true`
`MultiOrderProfitIncrement`	`double`	`5`
`AllowSmartTP`	`bool`	`true`
`EmergencyMaxLoss`	`double`	`-200`
`EmergencyTriggerPercent`	`double`	`10`

Show all 40 inputs

Name	Type	Default	Description
`TakeProfitPoints`	`int`	`150`
`StopLossPoints`	`int`	`0`
`UseUnifiedTP`	`bool`	`true`
`MaxHoldMinutes`	`int`	`0`
`MaxFloatingLoss`	`double`	`0`
`Section3`	`string`	`========== 交易策略（多空同开）==========`
`BothDirection`	`bool`	`false`
`UseBuySignal`	`bool`	`true`
`UseSellSignal`	`bool`	`false`
`FastEMA`	`int`	`5`
`SlowEMA`	`int`	`20`
`RSI_Period`	`int`	`14`
`MinSignalScore`	`int`	`2`
`Section4`	`string`	`========== 加仓策略（阶梯式加仓）==========`
`UseMartingale`	`bool`	`true`
`InitialOrders`	`int`	`3`
`InitialLotSize`	`double`	`0.01`	初始手数
`LotsPerLevel`	`int`	`3`	每层手数相同的单数
`LotIncrement`	`double`	`0.01`	每层递增手数
`UseDynamicGrid`	`bool`	`true`
`BaseGridStep`	`int`	`250`	基础网格间距（点，约2.5美?
`MaxGridStep`	`int`	`3000`	最大网格间距（点，约30美?
`MinGridStepUSD`	`double`	`2.0`	加仓最小间距（美金，0=不限制，避?
`ATR_Period`	`int`	`14`
`ATR_Multiplier`	`double`	`0.5`
`MaxMartingaleLevel`	`int`	`25`
`MaxLotSize`	`double`	`8.8`
`MaxTotalLots`	`double`	`10000`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone liucheng-12-08/EA from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.

3Copy the filesCopy the .mq4 / .mq5 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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