Collection · MT5

Blessing 3 and MQ5 Collection

by ethranes

This repository features a collection of expert advisors for MetaTrader 5, primarily focused on the Blessing 3 grid strategy.

High risk

GitHub stars1
Forks0
Last update1 year ago12 Feb 2025
LicenceNone stated

Overview

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.

Details

Author

ethranes on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Grid, Martingale, Indicator crossover, Multi-strategy

Markets

Forex

Timeframes

Any timeframe

Risk profile

  • Uses martingale lot scaling: losses can grow fast
  • Opens a grid of orders: exposure builds up in a trend
  • Trades without a fixed stop loss

Input parameters

Read from Blessing_3_v3.9.6.23.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
Version_3_9_6_23stringEA Settings:
TradeCommentstringb3_v396.23
Notesstring
EANumberint1EA Magic Number
EmergencyCloseAllboolfalseCLOSE ALL NOW
s1string.
ShutDownboolfalseNO NEW TRADES
s2string.
LabelAccstringACCOUNT SETTINGS
StopTradePercentdouble10;Percentage of balance lost before trading stops
NanoAccountboolfalse;Small Lot Account (0.01)
s3string... PortionPC > 100 forces effective balance to that amount .
Show all 40 inputs
NameTypeDefaultDescription
PortionPCdouble100;Percentage of account you want to trade on this pair
PortionChangeportChgsincrease;Permitted Portion change with open basket
MaxDDPercentdouble50;Percent of portion for max drawdown level.
MaxSpreaddouble5;Maximum allowed spread while placing trades
UseHolidayShutdownbooltrue;Enable holiday shut-downs
Holidaysstring"18/12-01/01";Comma-separated holiday list (format: [day]/[mth]-[day]/[mth])
PlaySoundsboolfalse;Audible alerts
AlertSoundstring"Alert.wav";Alert sound
eopbstringOpt. with 'Open prices only'
EnableOncePerBarbooltrue
UseMinMarginPercentboolfalse
MinMarginPercentdouble1500
eopb1string
LabelTSTstringCUSTOM TESTER SETTINGS
TesterMinMarginPercentdouble500;
TesterSelectionint1;1: Balance 2: (Balance^2 * min Drawdown * Trades)
LabelTST2string.
B3Traditionalbooltrue;Stop/Limits for entry if true, Buys/Sells if false
ForceMarketCondmktCond3;Market condition
UseAnyEntryboolfalse;true = ANY entry can be used to open orders, false = ALL entries used to open orders
LabelLSstringLOT SIZE
UseMMbooltrue;UseMM (Money Management)
LAFdouble0.5;Adjusts MM base lot for large accounts
Lotdouble0.01;Starting lots if Money Management is off
Multiplierdouble1.4;Multiplier on each level
LabelGSstringGRID SETTINGS
AutoCalboolfalse;Auto calculation of TakeProfit and Grid size;
ATRTFtFrame0;TimeFrame for ATR calculation

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone ethranes/MQL5-Pepperstone-Live from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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.

Similar expert advisors

MQL5 Expert Advisors Collection

by AmonCheruiyotHQ
1 stars

This repository features a collection of MetaTrader 5 expert advisors, with a primary focus on a multi-currency ring trading system. The flagship EA executes trades across several currency pairs simultaneously, utilizing triangular hedging logic to manage exposure. It incorporates various lot management modes including

MT5 Collection Multi-strategyHedgingMartingale High risk
109 stars

LIVMOR is a MetaTrader 4 expert advisor found within this repository of over fifty automated trading tools. It utilizes technical indicators such as MACD, Stochastic, and moving averages to identify entry points, while also offering manual price entry options. The EA manages risk through user-defined stop loss and take

MT4 Collection Indicator crossoverMartingaleGrid High risk
Updated 8 years ago None stated GitHub repository of LIVMOR Trading Collection

Mql Projects Collection

by PranavSonar
3 stars

This repository features a collection of MetaTrader 4 expert advisors, primarily focused on a multi-strategy system named Complete Robot. The main EA utilizes a combination of technical indicators including Moving Averages, MACD, Bollinger Bands, and Stochastic oscillators for market entry. It employs a grid-based appr

MT4 Collection GridMartingaleIndicator crossover High risk
Updated 8 years ago None stated GitHub repository of Mql Projects Collection

MQ4 Master Collection

by hairibaba
3 stars

This repository provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,

MT4 Collection Trend followingScalpingIndicator crossover High risk Archived
Updated 7 years ago None stated GitHub repository of MQ4 Master Collection
3 stars

This repository contains a collection of MetaTrader 4 expert advisors, including robots based on RSI, Bollinger Bands, and moving averages. The primary featured expert advisor implements a dual-symbol statistical arbitrage strategy using indicators such as ZigZag and Moving Averages to identify entries. It employs a ma

MT4 Collection ArbitrageMartingaleIndicator crossover High risk
Updated 5 years ago None stated GitHub repository of Clunique Experts Collection
2 stars

This repository functions as a large collection of over 170 MetaTrader 4 expert advisors provided in source code format for further development. The library includes various automated trading robots based on popular technical indicators such as Heiken Ashi, RSI, Stochastic, and MACD crossovers. The included files utili

MT4 Collection Indicator crossoverTrend followingMean reversion High risk

More collections

Need a broker for MT5?

Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.

Compare brokers