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.
Read from rocco3 (2).mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
MagicStart
int
1097
Magic Number, kind of...
inp3_VolumeSize
double
0.10
inp3_StopLossPips
double
10.0
inp3_TakeProfitPips
double
2.0
inp4_VolumeSize
double
0.10
inp4_StopLossPips
double
10.0
inp4_TakeProfitPips
double
2.0
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone deriv-bots/MT4-MT5-indicators-and-EA 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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