This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
Trading robot · MT4
Compra Email
This MetaTrader 4 expert advisor executes a single buy order of 0.1 lots immediately upon initialization.
High risk
GitHub stars1
Forks0
Last update7 years ago17 Oct 2018
LicenceNone stated
Overview
Compra Email functions primarily as an automated notification tool, sending an email containing the total account balance if the transaction is successful or a failure notification if the order cannot be placed. The EA does not contain logic for market analysis, exit strategies, or ongoing trade management. It uses a fixed lot size and lacks built-in risk controls like stop loss or take profit orders. The repository contains minimal documentation and a single source file.
- Immediate buy order on startup
- Email notifications for trade success
- Balance reporting in notifications
- Fixed 0.1 lot sizing
Details
Author
edisonibujes on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Martingale
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
- Trades without a fixed stop loss
EA files
Input parameters
Read from compra-email.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
MagicStart | int | 9821 | Magic Number, kind of... |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone edisonibujes/EA 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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