Chris XAU London NY Tick Stack Bot employs a multi-timeframe filtering system using EMAs and ADX to identify momentum, alongside tick-level price analysis for entry. The bot executes a stacking strategy, allowing multiple positions to be opened in one direction. Risk controls include a dedicated equity floor, trade duration limits, and a cooldown period after losses. Exit logic is managed through USD-denominated trailing stops, profit locks, and a take-profit target based on risk ratios.
Read from chris_xau_london_ny_tick_stack_bot_v6.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpSymbol
string
XAUUSD
InpRiskPercent
double
20.0
InpMagicNumber
int
26031007
InpMaxSpreadPoints
double
1000
InpFastEMA_M1
int
5
InpSlowEMA_M1
int
13
InpTrendEMA_M5
int
20
InpADXPeriod
int
14
InpMinADX
double
18.0
InpMinTickMovePoints
double
45
InpMinCandleBodyPoints
double
70
InpTickLookbackCount
int
10
Show all 37 inputs
Name
Type
Default
Description
InpMaxStackPerDirection
int
4
InpMinGapBetweenOrdersMs
int
3000
InpLossCooldownSec
int
90
InpMaxTradeDurationSec
int
90
InpWeakTradeCheckSec
int
20
InpWeakTradeMinProfitUSD
double
0.30
InpProfitLockUSD
double
1.0
InpLockedProfitUSD
double
0.35
InpTrailTriggerUSD
double
1.8
InpTrailDistanceUSD
double
0.60
InpTP_R
double
0.9
InpPauseBotNow
bool
false
InpUseEquityFloor
bool
true
InpEquityFloor
double
5.0
InpAllowBuy
bool
true
InpAllowSell
bool
true
InpUseOneDirectionOnly
bool
true
InpLondonStartHour
int
10
InpLondonStartMinute
int
0
InpLondonEndHour
int
13
InpLondonEndMinute
int
0
InpNewYorkStartHour
int
15
InpNewYorkStartMinute
int
30
InpNewYorkEndHour
int
18
InpNewYorkEndMinute
int
30
How to Install It
1Download the sourceUse "Download source (.zip)" above, or clone Christophe210/chris_xau_london_ny_tick_stack_bot_v6.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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