Collection · MT4

Deriv Indicators and EA Collection

by deriv-bots

This repository provides a collection of MetaTrader 4 expert advisors and indicators designed for automated trading and technical analysis.

High risk

GitHub stars3
Forks0
Last update4 weeks ago21 Aug 2026
LicenceNone stated

Overview

The EAs implement various strategies such as trend-following, candle pattern recognition, and tick movement analysis. Risk management features across the files include standard stop loss and take profit inputs, while some systems support virtual stops and lot scaling. The collection includes notable systems like Ilan and Turbo Profit, which are known to use grid and martingale lot management. The repository serves as a broad library of distinct automated tools.

Details

Author

deriv-bots on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Martingale, Grid, Multi-strategy

Markets

Forex

Timeframes

Any timeframe

Risk profile

  • Uses martingale lot scaling: losses can grow fast
  • Opens a grid of orders: exposure builds up in a trend

Input parameters

Read from rocco3 (2).mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
MagicStartint1097Magic Number, kind of...
inp3_VolumeSizedouble0.10
inp3_StopLossPipsdouble10.0
inp3_TakeProfitPipsdouble2.0
inp4_VolumeSizedouble0.10
inp4_StopLossPipsdouble10.0
inp4_TakeProfitPipsdouble2.0

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone deriv-bots/MT4-MT5-indicators-and-EA from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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