E and P For The Freedom: Free MT4 EA Download & Source Code

Overview

E and P For The Freedom focuses on intraday logic, allowing users to define specific trading windows and maximum daily trade limits. Risk controls include dynamic lot sizing based on account percentage or fixed monetary amounts, supported by hard-coded stop loss and take profit boundaries. The system includes filters for specific days of the week and mandatory exit times for closing positions before weekends or daily resets.

Configurable daily and Friday exit times

Session-based signal filtering

Dynamic risk management per trade

Settable maximum daily trade count

Details

Author

spespe on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Breakout, Trend following, Martingale

Markets

Forex

Timeframes

M1-M5, M15-H1

Risk Profile

Uses martingale lot scaling: losses can grow fast

EA Files

Source

github.com/spespe/Algo_trad_dev

Input Parameters

Read from 23_12_2016_bkt.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`MinimumSLPT`	`double`	`30`
`MaximumSLPT`	`double`	`300`
`__s6`	`string`	`----- Money Management Parameters -----------`
`UseMoneyManagement`	`bool`	`false`
`Lots`	`double`	`0.1`
`LotsDecimals`	`int`	`2`
`RiskInPercent`	`double`	`2.0`
`MaximumLots`	`double`	`0.5`
`UseFixedMoney`	`bool`	`false`
`RiskInMoney`	`double`	`100.0`
`__s7`	`string`	`----- Trading Logic Settings ----------------`
`MaxTradesPerDay`	`int`	`0`	0 means unlimited

Show all 36 inputs

Name	Type	Default
`LimitSignalsToRange`	`bool`	`false`
`TimeRangeFrom`	`string`	`08:00`
`TimeRangeTo`	`string`	`16:00`
`ExitAtEndOfRange`	`bool`	`false`
`ExitAtEndOfDay`	`bool`	`false`
`ExitTimeEOD`	`string`	`00:00`
`ExitOnFriday`	`bool`	`false`
`ExitTimeOnFriday`	`string`	`00:00`
`TradeLong`	`bool`	`true`
`TradeShort`	`bool`	`true`
`__s8`	`string`	`----- Trading Date Parameters ---------------`
`TradeSunday`	`bool`	`true`
`TradeMonday`	`bool`	`true`
`TradeTuesday`	`bool`	`true`
`TradeWednesday`	`bool`	`true`
`TradeThursday`	`bool`	`true`
`TradeFriday`	`bool`	`true`
`TradeSaturday`	`bool`	`true`
`__s9`	`string`	`----- Other Parameters ----------------------`
`MaxSlippage`	`int`	`3`
`CustomComment`	`string`	`Strategy 13.99`
`MagicNumber`	`int`	`12345`
`EmailNotificationOnTrade`	`bool`	`false`
`DisplayInfoPanel`	`bool`	`true`

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone spespe/Algo_trad_dev 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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E and P For The Freedom