Blessing Three: Free MT4 Expert Advisor

Blessing Three

This MetaTrader 4 expert advisor is an automated grid trading system that utilizes a variety of indicators including Moving Averages, CCI, Bollinger Bands, and MACD for trade entries.

High risk

Overview

Blessing Three employs a martingale-style lot multiplier to manage position sizing across sequential grid levels. The software includes risk controls such as maximum drawdown limits, account equity protection, and holiday-based trading halts. It features a smart grid mechanism that calculates levels based on market conditions and provides a break-even exit for large trade baskets. The repository is minimal and lacks documentation.

Technical indicator-based entry filters

Configurable martingale lot scaling

Smart grid calculation logic

Account equity and drawdown protection

Automated holiday shutdown schedule

Details

Author

duanwujie on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Grid, Martingale, Indicator crossover, Mean reversion, Hedging

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
Holds opposite positions at once
Trades without a fixed stop loss

EA files

Source

github.com/duanwujie/gjtemplate

Input parameters

Read from Blessing_3_v3.9.5.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`TradeComment`	`string`	`Blessing 3.9.5`
`EANumber`	`int`	`1`	Enter a unique number to identify this EA
`EmergencyCloseAll`	`bool`	`false`	Setting this to true will close all open orders immediately
`LabelAcc`	`string`	`Account Trading Settings:`
`ShutDown`	`bool`	`false`	Setting this to true will stop the EA trading after any open trades have been closed
`StopTradePercent`	`double`	`10`	percent of account balance lost before trading stops
`NanoAccount`	`bool`	`false`	set to true for nano "penny a pip" account (contract size is $10,000)
`PortionPercentage`	`double`	`100`	Percentage of account you want to trade on this pair
`MaxDrawDownPercentage`	`double`	`50`	Percent of portion for max drawdown level. 最大回撤率
`MaxSpread`	`double`	`5`	Maximum allowed spread while placing trades
`UseHolidayShutdown`	`bool`	`true`	Will shutdown over holiday period
`Holidays`	`string`	`18/12-01/01`	List of holidays, each seperated by a comma, [day]/[mth]-[day]/[mth], dates inclusive

Show all 40 inputs

Name	Type	Default	Description
`PlaySounds`	`bool`	`false`	will sound alarms
`AlertSound`	`string`	`Alert.wav`	Alarm sound to be played
`LabelIES`	`string`	`Indicator / Entry Settings:`
`B3Traditional`	`bool`	`true`	Stop/Limits for entry if true, Buys/Sells if false
`ForceMarketCond`	`int`	`3`	Market condition 0=uptrend 1=downtrend 2=range 3=off
`UseAnyEntry`	`bool`	`false`	true = ANY entry can be used to open orders, false = ALL entries used to open orders
`MAEntry`	`int`	`1`	0 = Off, 1 = will base entry on MA channel, 2 = will trade in reverse
`CCIEntry`	`int`	`0`	0 = Off, 1 = will base entry on CCI indicator, 2 = will trade in reverse
`BollingerEntry`	`int`	`0`	0 = Off, 1 = will base entry on BB, 2 = will trade in reverse
`StochEntry`	`int`	`0`	0 = Off, 1 = will base entry on Stoch, 2 = will trade in reverse
`MACDEntry`	`int`	`0`	0 = Off, 1 = will base entry on MACD, 2 = will trade in reverse
`LabelLS`	`string`	`Lot Size Settings:`
`UseMM`	`bool`	`true`	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;(自动计算赢利和网格大小)
`GAF`	`double`	`1.0`	Widens/Squishes Grid on increments/decrements of .1
`EntryDelay`	`int`	`2400`	Time Grid in seconds, to avoid opening of lots of levels in fast market
`EntryOffset`	`double`	`5`	In pips, used in conjunction with logic to offset first trade entry
`UseSmartGrid`	`bool`	`true`	True = use RSI/MA calculation for next grid order
`LabelTS`	`string`	`Trading Settings:`
`MaxTrades`	`int`	`15`	Maximum number of trades to place (stops placing orders when reaches MaxTrades)
`BreakEvenTrade`	`int`	`12`	Close All level, when reaches this level, doesn't wait for TP to be hit
`BEPlusPips`	`double`	`2`	Pips added to Break Even Point before BE closure
`UseCloseOldest`	`bool`	`false`	True = will close the oldest open trade after CloseTradesLevel is reached
`CloseTradesLevel`	`int`	`5`	will start closing oldest open trade at this level

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone duanwujie/gjtemplate 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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