Currency Pair Scanner: Free MT4 Expert Advisor

Overview

Currency Pair Scanner iterates through multiple currency pairs to evaluate market conditions and sort them according to technical criteria. The system includes logic for automated order preparation, performing real-time risk assessments before execution. These assessments verify stop loss parameters, lot sizing, and margin requirements relative to account balance. While the core logic focuses on scanning and trade preparation, the repository contains minimal documentation and relies on external dependencies for its order management functions.

Multi-symbol market scanning

Automated trade preparation logic

Margin-based risk calculation

Stop loss validation checks

Details

Author

kurt-apple on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Multi-strategy

Markets

Forex

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

Source

github.com/kurt-apple/currency-pair-scanner

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone kurt-apple/currency-pair-scanner 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, and any .mqh files into the Include folder the code expects.

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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