This MetaTrader 4 expert advisor executes trades based on candle momentum and specific trigger factors. It manages positions using virtual trailing stop-loss and take-profit levels, alongside a global profit target that halts trading once a predefined financial goal is met. The system includes logic for multi-symbol tr
Trading robot · MT4
Awesome EA
Awesome EA is an automated multi-pair trading robot for MetaTrader 4 built on the Steve Hopwood Forex framework.
GitHub stars1
Forks0
Last update9 years ago6 Aug 2017
LicenceNone stated
Overview
Awesome EA implements a trend-following strategy that filters entries using daily Peaky and SuperSlope indicators, executing trades when signals align on shorter timeframes. The system manages risk through equity-based lot sizing, basket profit targets in cash, and a specialized recovery mode for open positions. Notably, the default stop loss is set to zero, and the repository lacks a descriptive README, requiring users to rely on code comments for configuration.
- Multi-pair concurrent trading support
- Daily trend alignment filtering
- Basket cash profit management
- Equity-based lot sizing
- Configurable recovery mode
Details
Author
eaymon on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Multi-strategy, Hedging
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Holds opposite positions at once
- Trades without a fixed stop loss
EA files
Source
Input parameters
Read from Awesome.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
gen | string | ---- General Inputs ---- | |
PairsToTrade | string | AUDCAD,AUDCHF,AUDNZD,AUDJPY,AUDUSD,CADCHF,CADJPY,CHFJPY,EURA | |
EventTimerIntervalSeconds | int | 10 | |
UsePriceChecks | bool | true | |
PrintFailedChecks | bool | false | |
BrokerAllowsHedging | bool | true | |
MinimumMarginPercent | int | 1500 | |
TradeLong | bool | true | |
TradeShort | bool | true | |
MaxPairsAllowed | int | 5 | |
PostTradeAttemptWaitSeconds | int | 600 | |
sep14 | string | ============================================================ |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
asi | string | ---- Average spread inputs ---- | |
MultiplierToDetectStopHunt | double | 3 | |
s2 | string | ============================================================ | |
tfs | string | ---- Trading Time Frames ---- | |
tf1 | string | -- Time Frame 1 -- | |
TradeTF1 | bool | true | |
Trade1TimeFrame | ENUM_TIMEFRAMES | PERIOD_M1 | |
Trade1ImmediateMarketOrder | bool | false | |
Trade1BufferPips | int | 5 | |
Trade1MagicNumber | int | 100 | |
Trade1TradeComment | string | M1 | |
Trade1TakeProfitPips | int | 20 | |
Trade1StopLossPips | int | 0 | |
Trade1PositiveSwapTradesOnly | bool | true | |
lts1 | string | -- Lot sizing -- | |
Trade1Lot | double | 0.01 | |
Trade1LotsPerDollopOfCash | double | 0.01 | |
Trade1SizeOfDollop | double | 1000 | |
Trade1UseBalance | bool | false | |
Trade1UseEquity | bool | true | |
rec1 | string | ---- Recovery ---- | |
Trade1UseRecovery | bool | true | |
Trade1TradesToConstituteRecovery | int | 4 | |
Trade1RecoveryProfitPips | int | 10 | |
tb1 | string | ---- Trade1 basket trading ---- | |
Trade1AsBasket | bool | true | |
Trade1BasketCashTarget | int | 20 | |
Trade1BasketCashPercentageTarget | double | 0 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone eaymon/SHF from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 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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