Box Trader: Free MT5 Expert Advisor

Overview

The expert advisor automatically generates horizontal lines on the chart that track real-time price movements, specifically following the Bid and Ask levels. Users can modify various visual parameters including line color, dash style, and thickness through the input settings. Currently, the tool serves as a graphical overlay for price monitoring rather than a fully automated execution system, as it lacks logic for order placement, stop loss management, or lot sizing. The README is minimal.

Real-time horizontal line visualization

Customizable line styles and colors

Automated Ask and Bid price tracking

Interactive chart object management

Details

Author

Christian-de-beer on GitHub

Type

Utility

Platform

MetaTrader 5 (MQL5)

Markets

Forex

Timeframes

Any timeframe

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

BoxTrader.mq5

Source

github.com/Christian-de-beer/BoxTrader

Input parameters

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

Name	Type	Default	Description
`LnHigh`	`string`	`HighLine`	Line High
`LnLow`	`string`	`LowLine`	Line Low
`InpPrice`	`int`	`25`	Line price, %
`InpColor`	`color`	`clrRed`	Line color
`InpStyle`	`ENUM_LINE_STYLE`	`STYLE_DASH`	Line style
`InpWidth`	`int`	`3`	Line width
`InpBack`	`bool`	`false`	Background line
`InpSelection`	`bool`	`true`	Highlight to move
`InpHidden`	`bool`	`true`	Hidden in the object list
`InpZOrder`	`long`	`0`	Priority for mouse click

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Christian-de-beer/BoxTrader 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.

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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