The system enters trades based on market conditions and manages them using a grid with martingale lot multipliers. Risk controls include maximum drawdown percentages, equity-based trading stops, and holiday filters. The EA supports automatic calculation of take profit and grid distances using ATR. Other included files provide examples for moving averages and AI-based trade exporting. Documentation is minimal as the repository lacks a README file.
Grid-based basket management with lot multipliers
Automated ATR-based take profit and grid sizing
Equity protection and drawdown limit controls
Multi-platform compatibility layer for MQL4 and MQL5
Read from Blessing_3_v3.9.6.23.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
Version_3_9_6_23
string
EA Settings:
TradeComment
string
b3_v396.23
Notes
string
EANumber
int
1
EA Magic Number
EmergencyCloseAll
bool
false
CLOSE ALL NOW
s1
string
.
ShutDown
bool
false
NO NEW TRADES
s2
string
.
LabelAcc
string
ACCOUNT SETTINGS
StopTradePercent
double
10;
Percentage of balance lost before trading stops
NanoAccount
bool
false;
Small Lot Account (0.01)
s3
string
... PortionPC > 100 forces effective balance to that amount
.
Show all 40 inputs
Name
Type
Default
Description
PortionPC
double
100;
Percentage of account you want to trade on this pair
PortionChange
portChgs
increase;
Permitted Portion change with open basket
MaxDDPercent
double
50;
Percent of portion for max drawdown level.
MaxSpread
double
5;
Maximum allowed spread while placing trades
UseHolidayShutdown
bool
true;
Enable holiday shut-downs
Holidays
string
"18/12-01/01";
Comma-separated holiday list (format: [day]/[mth]-[day]/[mth])
PlaySounds
bool
false;
Audible alerts
AlertSound
string
"Alert.wav";
Alert sound
eopb
string
Opt. with 'Open prices only'
EnableOncePerBar
bool
true
UseMinMarginPercent
bool
false
MinMarginPercent
double
1500
eopb1
string
.
LabelTST
string
CUSTOM TESTER SETTINGS
TesterMinMarginPercent
double
500;
TesterSelection
int
1;
1: Balance 2: (Balance^2 * min Drawdown * Trades)
LabelTST2
string
—
.
B3Traditional
bool
true;
Stop/Limits for entry if true, Buys/Sells if false
ForceMarketCond
mktCond
3;
Market condition
UseAnyEntry
bool
false;
true = ANY entry can be used to open orders, false = ALL entries used to open orders
LabelLS
string
LOT SIZE
UseMM
bool
true;
UseMM (Money Management)
LAF
double
0.5;
Adjusts MM base lot for large accounts
Lot
double
0.01;
Starting lots if Money Management is off
Multiplier
double
1.4;
Multiplier on each level
LabelGS
string
GRID SETTINGS
AutoCal
bool
false;
Auto calculation of TakeProfit and Grid size;
ATRTF
tFrame
0;
TimeFrame for ATR calculation
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone ethranes/MQL5-Pepperstone-Live 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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