Collinator: Free MT4 EA Download & Source Code

Overview

Collinator initiates trades based on the 8:30 AM candle trend or moving average crossovers. The robot features comprehensive exit management, including four stages of partial profit taking and a break-even stop loss adjustment. Risk controls include fixed lot sizing or percentage-based compounding. Users can optionally enable a martingale lot scaling system and a limit order reversal strategy to manage losing positions. The strategy focuses on the high volatility period at the 9:30 AM EST bell.

NY Bell opening range strategy

Four-stage partial close system

Moving average trend filtering

Optional martingale lot multiplier

Details

Author

jblanked on GitHub

Type

Trading robot

Timeframes

M15-H1

Risk Profile

Uses martingale lot scaling: losses can grow fast

EA Files

Collinator v3.mq4

Source

github.com/jblanked/Collinator

Input Parameters

Read from Collinator v3.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`orderSettings`	`string`	`======= TRADE SETTINGS ======`
`reverseOrder`	`bool`	`false`	Reverse setup? (Sell + buy limit)
`useTrend`	`bool`	`false`	Trade off of 8:30am candle?
`usematrend`	`bool`	`false`	Trade off Moving average?
`orderSeting`	`string`	`======= MOVING AVERAGE SETTINGS ======`
`useMA`	`bool`	`false`	Above MA buys, Below Ma sells?
`useMAs`	`bool`	`false`	Above MA sells, Below Ma buys?
`maperiod`	`int`	`160`	MA period
`orderSeng`	`string`	`======= ORDER SETTINGS ======`
`stoploss`	`double`	`80`	Stop Loss
`takeprofit`	`double`	`500`	Take Profit
`usepercentrisk`	`bool`	`true`	Use risk per trade?

Show all 40 inputs

Name	Type	Default	Description
`percentrisk`	`double`	`0.50`	Percent risk
`uselotsize`	`bool`	`false`	Use lot size?
`lotsizee`	`double`	`0.10`	Lot size
`orderSetting`	`string`	`======= SELL LIMIT SETTINGS ======`
`allowSells`	`bool`	`true`	Allow sells?
`entrySells`	`double`	`140`	Sell at X pips from buy order
`stoplossSells`	`double`	`35`	Stop Loss
`takeprofitSells`	`double`	`500`	Take Profit
`usepercentrisk2`	`bool`	`true`	Use risk per trade?
`percentrisk2`	`double`	`0.50`	Percent risk
`uselotsize2`	`bool`	`false`	Use lot size?
`lotsizee2`	`double`	`0.10`	Lot size
`martinTimer`	`int`	`20`	Sell limit expiry
`BreakEvenSettings`	`string`	`--------TAKE PARTIAL SETTINGS-------`
`UseBreakEvenStop`	`bool`	`true`	Use take partials?
`BEclosePercent`	`double`	`50.0`	Close how much percent?
`breakstart`	`double`	`100`	Take partials after how many pips in profit (1)
`breakstart2`	`double`	`250`	Take partials after how many pips in profit (2)
`breakstart3`	`double`	`350`	Take partials after how many pips in profit (3)
`breakstart4`	`double`	`450`	Take partials after how many pips in profit (4)
`breakstop`	`double`	`20`	Move stop loss in profit X pips
`BkEvnSettings`	`string`	`======= MARTINGALE SETTINGS =======`
`useMartingale`	`bool`	`false`	Use martingale?
`martinPips`	`double`	`78`	Pips in between martingales
`martinMULTI`	`double`	`5`	Martingale multiplier
`orderSettins`	`string`	`======= OTHER SETTINGS ======`
`orderComments`	`string`	`v3`	Order Comment
`magicnumb`	`int`	`810929`	Magic Number

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone jblanked/Collinator 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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