Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot · MT4 · MT5
Binario
Binario is a breakout expert advisor for MetaTrader 4 and 5 that utilizes a price channel constructed from two moving averages of the same period.
GitHub stars20
Forks3
Last update1 year ago8 Aug 2025
LicenceApache-2.0
Latest release1.014 years ago
Overview
By default, it uses a 144-period exponential moving average applied to both highs and lows. It enters trades when the price moves outside this band by a predefined pip distance. The system features risk management through fixed or dynamic lot sizing, a take profit parameter, and a stop loss anchored to the opposite boundary of the channel.
- Dual moving average channel breakout
- Configurable pip difference threshold
- Fixed or risk-based lot sizing
- Dynamic stop loss calculation
- Multi-platform support for MQL4 and MQL5
Details
Author
EarnForex on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Breakout, Trend following
Markets
Forex
Timeframes
H4 and above, M15-H1
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Topics
expert-advisorsforexforex-robotforex-tradingmetatradermetatrader-4metatrader-5moving-averagemql4mql5
Input parameters
Read from Binario.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
MA_Period | int | 144 | MA Period |
MA_Method | ENUM_MA_METHOD | MODE_EMA | MA Method |
TakeProfit | int | 115 | |
PipDifference | int | 20 | PipDifference: distance from MA for breakout. |
Lots | double | 0.1 | Lots: Fixed position size. |
MaximumRisk | double | 2 | MaximumRisk: Position sizing increase coefficient. 0 - disable. |
Slippage | int | 3 | |
OrderCommentary | string | Binario | |
Magic | int | 16384 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone EarnForex/Binario 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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