This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
Trading robot · MT4
EA HiLo
EA HiLo is an automated trading robot for MetaTrader 4 that utilizes the HiLo Activator indicator for signal generation.
High risk
GitHub stars6
Forks3
Last update5 years ago21 May 2021
LicenceNone stated
Overview
EA HiLo executes buy orders when the price closes above the indicator and sell orders when it closes below. The system includes a directional filter based on a moving average to confirm market trends before entry. Risk controls include a trailing stop, a stop loss anchored to HiLo levels, and optional lot management through martingale or Soros compounding techniques.
- HiLo Activator indicator integration
- Moving average trend filtering
- Dynamic trailing stop management
- Optional martingale and Soros lot scaling
- Automatic stop loss placement at HiLo levels
Details
Author
yuriodilon on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Indicator crossover, Martingale
Markets
Forex
Timeframes
M15-H1, H4 and above
Risk profile
- Uses martingale lot scaling: losses can grow fast
EA files
Topics
mql4tradingforexb3financemarketmetatrader4metatradermql5
Input parameters
Read from EA-HiLo.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
MAGICMA | int | 1994 | Número Identificador do Algoritmo |
Operar_SELL | bool | true | Operar vendido? |
Operar_BUY | bool | true | Operar Comprado? |
lote | double | 0.01 | Valor do Contrato |
slippage | double | 30 | Máximo de slip que aceita |
verificaTendencia | bool | true | Ativada Será considerado a tendencia |
mediaControle | double | 21 | Controle Direcional Tendencia |
mediaHiLo | double | 9 | Média do HiLo |
ativarMGale | bool | false | Ativa Martingale? |
incrementa | double | 2 | Fator Multiplicador |
ativarSoros | bool | false | Ativa Martingale? |
entradaSoros | double | 0.01 | Entrada fixa do soros |
Show all 16 inputs
| Name | Type | Default | Description |
|---|---|---|---|
nivelSoros | int | 2 | Fator Multiplicador |
ativarTrailing | bool | true | TrailingStop |
pontosTrailing | int | 100 | Pontos do Trailing |
stopNaMin | bool | true | Ativando passa ter Stop na mínina ou máxima do HiLo |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone yuriodilon/ea-HiLo 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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