EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
Chanlun SpeedUp MT5
This MetaTrader 5 expert advisor implements a strategy based on Chan Lun (Zen Theory) technical analysis.
GitHub stars3
Forks1
Last update5 years ago24 Mar 2021
LicenceNone stated
Overview
Chanlun SpeedUp MT5 evaluates market structure and price action, using a candle size filter to determine trade entries. The robot includes built-in risk management features such as fixed stop loss and take profit orders. Additionally, it features a trailing stop with a configurable step to manage open positions dynamically. The repository provides a minimal Chinese README and the code suggests it is optimized for short-term candle movements.
- Chan Lun price action implementation
- Candle body size entry filter
- Trailing stop with adjustable step
- Fixed lot risk management
Details
Author
gaoxiaojun on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action, Trend following
Markets
Any symbol
Timeframes
M1-M5, M15-H1
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.
Input parameters
Read from Alexav SpeedUp M1.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLots | double | 0.1 | Lots |
InpStopLoss | ushort | 30 | Stop Loss (in pips) |
InpTakeProfit | ushort | 90 | Take Profit (in pips) |
InpTrailingStop | ushort | 10 | Trailing Stop (in pips) |
InpTrailingStep | ushort | 5 | Trailing Step (in pips) |
InpOpenCloseDiff | ushort | 100 | Size of candle |
m_magic | ulong | 60051552 | magic number |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone gaoxiaojun/chanlun 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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