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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
Crossover Algoritmo
This MetaTrader 4 expert advisor implements a simple moving average crossover strategy.
GitHub stars1
Forks0
Last update8 years ago24 Nov 2017
LicenceApache-2.0
Overview
Crossover Algoritmo uses two user-defined SMA periods to determine entry points once a specific hour of the day is reached. The robot monitors the relationship between the fast and slow averages, opening a single trade when they cross in a specific direction. It includes hardcoded stop loss and take profit parameters of 1500 and 3000 points respectively. The repository contains no documentation, and the code utilizes fixed lot sizes for its operations.
- Moving average crossover logic
- Time-restricted trade activation
- Fixed stop loss and take profit
- Simple Moving Average calculation
Details
Author
evertonrosadf on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover
Markets
Any symbol
Timeframes
Any timeframe
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.
EA files
Input parameters
Read from cruzamento.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
media1 | int | — | |
media2 | int | — | |
hora | int | — |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone evertonrosadf/algoritmo 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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