This risk management tool for MetaTrader 4 and 5 calculates optimal lot sizes based on user-defined risk parameters, account balance, and currency. It provides a graphical user interface for setting entry, stop loss, and take profit levels visually on the chart. The expert advisor accounts for commissions, swaps, and m
Utility · MT4
EA Authorization Manager
This MetaTrader 4 utility provides a framework for remote license management and authorization.
GitHub stars5
Forks4
Last update7 years ago3 Jul 2019
LicenceCustom licence
Latest release1.0.27 years ago
Overview
EA Authorization Manager facilitates connection to an external web API to verify user keys through the wininet DLL library. The program executes an initial check upon activation and continues to monitor the authorization status at hourly intervals. Users can configure the tool to point toward custom backend servers by modifying the source code. It includes example server-side scripts for developers to build their own licensing verification systems.
- Remote license key verification via API
- DLL-based web connectivity using wininet
- Automated hourly authorization status checks
- Support for custom server-side integration
Details
Author
tanzhenxing on GitHub
Type
Utility
Platform
MetaTrader 4 (MQL4)
Markets
Any symbol
Timeframes
Any timeframe
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.
EA files
Topics
mql4metatradermt4eaeaauthmql4-apimetatrader4mt4-api
Input parameters
Read from Auth.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
title | string | EA网络授权 | |
key | string | RGcwTWpWRlYzVFZSVmVrOVJhVmxVVVhoTlJFa3pUbFJPYWs1WFJUUlBSMGt4 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone tanzhenxing/EA_Auth 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, and any .mqh files into the Include folder the code expects.
- 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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