This MetaTrader 4 expert advisor implements a multi-strategy framework for automated trading across various symbols. It incorporates several technical entry signals, including Ichimoku, Bollinger Bands, and ADX-filtered logic. The EA provides multiple trade management options, explicitly including martingale lot scalin
Trading robot · MT4 · MT5
EA PM Portfolio Management
This automated expert advisor for MetaTrader 4 and 5 trades forex using a multi-timeframe technical strategy.
High risk
GitHub stars1
Forks0
Last update7 weeks ago29 Jul 2026
LicenceNone stated
Overview
EA PM Portfolio Management identifies H1 trends with moving averages and Ichimoku clouds while timing M5 entries via MACD and RSI convergence. The system incorporates robust risk controls including equity-based lot sizing, daily loss limits, and tiered drawdown circuit breakers. Trade management features automated breakeven adjustments, partial profit booking, and trailing stops. It uniquely integrates an external Python-based news analyzer to avoid high-volatility events. The EA monitors portfolio exposure by limiting concurrent trades and currency-specific direction.
- Multi-timeframe technical convergence signal engine
- Soft and hard equity drawdown circuit breakers
- Dynamic ATR-based risk management and stops
- AI-integrated economic news filtering service
- Portfolio exposure limits and daily loss protection
Details
Author
JuanPabloMF on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Trend following, Indicator crossover, Multi-strategy, Martingale
Markets
Forex
Timeframes
M1-M5, M15-H1
Risk profile
- Uses martingale lot scaling: losses can grow fast
Input parameters
Read from EA_PM_V1.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpSymbols | string | EURUSD,GBPUSD,USDJPY,USDCHF,AUDUSD,USDCAD | Symbols to trade |
InpRiskPercent | double | 0.5 | Risk per trade (%) |
InpMaxSpread | double | 20 | Maximum spread (points) |
InpMaxSlippage | int | 10 | Maximum slippage (points) |
InpMagicBase | long | 202601 | Magic number base |
InpDDSoft | double | 4.0 | Soft drawdown limit (%) - blocks new entries |
InpDDHard | double | 5.0 | Hard drawdown limit (%) - flatten and halt |
InpMaxDailyLoss | double | 2.0 | Max daily loss (%) - blocks entries until next day |
InpProfitTargetPct | double | 10.0 | Halt after reaching this gain (%) (0 = off) |
InpMaxOpenPositions | int | 3 | Max simultaneous positions (all symbols) |
InpMaxPerCurrencySide | int | 2 | Max positions sharing one currency direction |
InpSL_ATR | double | 1.5 | Stop Loss (ATR multiplier) |
Show all 33 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpTP_ATR | double | 3.0 | Take Profit (ATR multiplier) |
InpBE_ATR | double | 1.0 | Breakeven (ATR multiplier) |
InpMinSL_Pips | double | 5.0 | Minimum SL distance (pips) |
InpMaxLots | double | 5.0 | Hard cap on position size (lots) |
InpEMA_Fast | int | 20 | EMA Fast period |
InpEMA_Slow | int | 50 | EMA Slow period |
InpRSI_Period | int | 14 | RSI period |
InpMACD_Fast | int | 12 | MACD Fast period |
InpMACD_Slow | int | 26 | MACD Slow period |
InpMACD_Signal | int | 9 | MACD Signal period |
InpATR_Period | int | 14 | ATR period |
InpSwingLookback | int | 5 | Swing lookback bars |
InpMinConvergence | int | 3 | Minimum convergence signals |
InpMinADX_H1 | double | 0 | Min H1 ADX to trade (0 = off, try 20-25) |
InpWeekOpenCooldownMin | int | 120 | Minutes after weekly open with no entries |
InpMaxTrades | int | 3 | Max trades per day |
InpMaxLosses | int | 2 | Max consecutive losses |
InpPauseMinutes | int | 30 | Pause after loss (minutes) |
InpNewsFile | string | news_risk.json | News risk file |
InpNewsPause | int | 30 | News pause (minutes) |
InpShowDashboard | bool | true | Show dashboard panel |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone JuanPabloMF/pm-trading from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 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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