Autotrader enters trades using a two-sided direction engine that combines Nadaraya-Watson regression, Ehlers Super Smoother, Laguerre RSI, Kalman trend lines, Smart Money Concepts and volume flow analysis. Trades are managed with a three-level TP ladder, risk-sized lots, adaptive trailing stop and optional broker-side SL. The EA includes safety controls that freeze new trades during high-impact news, on weekends, after daily losses or equity drops. All analysis and execution occur on the active chart timeframe which may be M5, M15 or M30 depending on the symbol.
Read from Autotrader.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpAutoTrading
bool
true
Auto Trading
InpTrailStop
bool
true
TrailStop
InpSL
bool
false
SL
How to Install It
1Download the sourceUse "Download source (.zip)" above, or clone hamamun/Autotrader from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
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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