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This collection of MetaTrader 4 expert advisors provides several distinct trading strategies including candlestick pattern recognition, moving average trends, and currency strength analysis. The repository contains a dedicated martingale algorithm alongside robots focused on engulfing and morning star patterns. The pri
Collection · MT4
Discretion Algo
Discretion Algo is a collection of MetaTrader 4 experts designed for automated trading based on technical price action patterns.
GitHub stars1
Forks0
Last update6 years ago4 Jun 2020
LicenceNone stated
Overview
The repository provides distinct modules for identifying liquidity sweeps and engulfing candle formations. The system employs multi-timeframe analysis, by default analyzing price data across H4 and H1 charts to validate trade signals. It maintains internal arrays of historical candle data to monitor market structure changes. The documentation is minimal, requiring users to inspect the source code for specific execution and risk management details.
- Multi-timeframe price action analysis
- Liquidity sweep detection logic
- Engulfing candle pattern recognition
- Configurable bar history processing
Details
Author
BenWhittakerTM on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
SMC / ICT / price action, Multi-strategy
Markets
Any symbol
Timeframes
M15-H1, H4 and above
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.
Input parameters
Read from sweep.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
timeframe_sweep | ENUM_TIMEFRAMES | PERIOD_H4 | |
timeframe_cm | ENUM_TIMEFRAMES | PERIOD_H1 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone BenWhittakerTM/DiscretionAlgo 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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