The robot uses multiple Exponential Moving Averages to identify the primary market trend and the Relative Strength Index to find specific entry points. When conditions are met, it places a series of buy or sell limit orders at fixed distances to build a grid position. Risk is managed through static lot sizing and configurable multipliers that define stop loss and take profit levels for each order. The repository lacks a README file, requiring manual parameter configuration.
Read from EA DANE AUTO BOT2.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
GridSize
int
10
SpacingPips
int
500
LotSize
double
0.01
MoveGrid
bool
true
TakeProfitPerTrade
bool
true
TakeProfitMultiplier
int
1
MaxProfitMultiplier
int
5
GridStopLossMultiplier
int
10
RSIPeriod
int
14
RSI_BuyLevel
int
40
RSI_SellLevel
int
60
FastMA
int
50
Show all 15 inputs
Name
Type
Default
Description
SlowMA
int
200
TrendMA1
int
100
TrendMA2
int
300
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone natadikoko9-ux/Mt5-EA-Compiler from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 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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