Aych MTFX: Free MT4 Expert Advisor

Overview

Aych MTFX utilizes a modular structure with various versions ranging from basic to full feature sets. The core logic manages trade entries and exits at bar opens, featuring integrated risk controls like break-even settings, trailing stops, and stealth modes to obscure orders from brokers. It includes time-based filters for specific trading days and hours, along with a money management system that calculates lot sizes based on account equity or balance.

Stealth mode for price targets

Equity-based money management

Timed trading windows and day filters

Automatic break-even and trailing stop

Details

Input parameters

Read from Full-1.x.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`Information`	`string`	`--- Information ---`
`Advisor`	`string`	`EA`	For Logging.
`Version`	`string`	`1.0`	The version number of this script.
`Entry_Exit`	`string`	`--- Entry & Exit ---`
`Exit_Opposite`	`bool`	`false`	Whether close opposite orders when new signal comes out.
`Entry_AtBarOpen`	`bool`	`true`	Whether to wait for new bar to confirm the signal for entry.
`Exit_AtBarOpen`	`bool`	`true`	Whether to wait for new bar to confirm the signal for exit.
`Order_Operation`	`string`	`--- Order Operation ---`
`Order_MaxOpen`	`int`	`0`	Max opening orders allowd, 0 = No limit.
`Order_AllowHedge`	`bool`	`true`	If allow hedge order to be opened.
`Magic`	`int`	`222222`	For identify trades belong to this EA, set to unique on different chart when using at the same time.
`Slippage`	`int`	`3`	Allow slippage.

Show all 40 inputs

Name	Type	Default	Description
`Lots`	`double`	`0.1`	Fixed trade lots without using MoneyManagement.
`TakeProfit`	`double`	`0`	In Pips. Take Profit, Change to 0 if you don't want to use.
`StopLoss`	`double`	`0`	In Pips. Stop Loss, Change to 0 if you don't want to use.
`Indicator_Setting`	`string`	`--- Indicator Setting ---`
`TradeWeekDay`	`string`	`--- Trade Week Day ---`
`TWD_On`	`bool`	`false`	Whether to use the trade week day filter.
`TWD_TradeDays`	`string`	`2,3,4`	Choose which days to trade. 0 = Sunday, 1 = Monday, etc.
`TradeTime`	`string`	`--- Trade Time ---`
`TT_On`	`bool`	`false`	Whether to use trade time filter.
`TT_TradeBegin`	`string`	`07:00,15:00`	Don't trade before this time. Can set more than one value or just one.
`TT_TradeEnd`	`string`	`10:00,18:00`	Don't trade after this time. Default setting means only trade 07:00~10:00 and 15:00~18:00.
`MoneyManagement`	`string`	`--- Money Management ---`
`MM_On`	`bool`	`false`	Whether using Simple Money Management for trading lots. Need to explicit set the StopLoss value bigger than 0.
`MM_Mode`	`int`	`0`	0 = Equity; 1 = Balance.
`MM_Risk`	`double`	`5`	In Percentage. Risk as equity (for MM_RiskPips), in percent of total account equity.
`MM_RiskPips`	`double`	`100`	Use this pips value as object for calculating the MM_Risk. 100 pips stoploss = 5% equity of your account.
`StealthMode`	`string`	`--- Stealth TP/SL ---`
`SM_On`	`bool`	`false`	Whether TakeProfit and StopLoss in Stealth Mode, hiding from the broker. Can explictly set above but truely use below se
`SM_TakeProfit`	`double`	`100`	TakeProfit for stealth mode.
`SM_StopLoss`	`double`	`100`	StopLoss for stealth mode.
`BreakEven`	`string`	`--- Break Even ---`
`BE_On`	`bool`	`false`	Whether using BreakEven.
`BE_StealthMode`	`bool`	`false`	Whether using BreakEven in Stealth Mode.
`BE_Start`	`double`	`20`	In Pips. How much should the current price above/below the open price.
`BE_Add`	`double`	`0`	In Pips. Add a deviation to the Order Open Price, positive value for profit.
`TrailStop`	`string`	`--- Trail Stop ---`
`TS_On`	`bool`	`false`	Whether using TrailStop.
`TS_StealthMode`	`bool`	`false`	Whether using TrailStop in Stealth Mode.

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone AYCHMT/Aych.mtfx 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.

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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Aych MTFX

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