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 Navigator
This MetaTrader 4 expert advisor executes trades based on a moving average crossover strategy.
GitHub stars1
Forks0
Last update1 year ago1 Oct 2024
LicenceMIT
Overview
Crossover Navigator specifically monitors the relationship between price action and a configurable moving average period, traditionally set to 50. The robot enters buy positions when the price closes above the moving average and sell positions when it closes below. Risk management is handled through static lot sizing, fixed take profit levels, and fixed stop loss levels defined in pips. The tool also provides real-time data overlays on the trading chart for monitoring.
- MA50 crossover entry logic
- Customizable moving average period
- Fixed stop loss and take profit
- Real-time chart information display
Details
Author
syarief02 on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover
Markets
Forex
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.
EA files
Input parameters
Read from ma50.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
MA_Period | int | 50 | Moving Average period (default is 50) |
LotSize | double | 0.1 | Lot size for trades (default is 0.1) |
Slippage | int | 3 | Maximum slippage allowed when placing orders (default is 3) |
TakeProfitPips | double | 4.0 | Take Profit level in pips (default is 4.0) |
StopLossPips | double | 30.0 | Stop Loss level in pips (default is 30.0) |
EA_Name | string | EXPERT_NAME | EA name for display purposes |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone syarief02/EA_Crossover-Navigator 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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