Bullish Continuation MT5 identifies trade entries by combining specific candlestick patterns, such as bullish engulfing and harami, with trend-following filters. For a buy order to trigger, the price must close above both the 50 and 200 exponential moving averages while the Stochastic Oscillator confirms upward momentum. The robot is designed for the 5-minute timeframe and manages risk through fixed lot sizing alongside hard stop loss and take profit levels defined in points.
Read from Bullish bot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
LotSize
double
0.1
StopLoss
int
50
in points
TakeProfit
int
100
in points
EMA_Fast
int
50
EMA_Slow
int
200
Stoch_K
int
5
Stoch_D
int
3
Stoch_Slowing
int
3
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone andrewkorot/Meta-trader-trading-mq5 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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