This repository provides a collection of Expert Advisors for MetaTrader 5 and Python trading scripts developed for an educational YouTube series. It features various technical indicator-based strategies, including MACD, Relative Strength Index, Stochastic, and Bollinger Bands. The included MQL5 files implement multi-ti
Collection · MT5
EA Trading Guide
This collection provides educational Expert Advisors for the MetaTrader 5 platform, showcasing different algorithmic approaches for beginners and intermediate traders.
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Last update2 weeks ago4 Sep 2026
LicenceMIT
Overview
EA Trading Guide features a moving average crossover system and a more advanced mean reversion robot based on the Relative Strength Index. The included tools utilize volatility-based exits via Average True Range multipliers for both stop loss and take profit orders. Traders can control risk through automated lot sizing based on account equity percentages. The system includes a trend filter using a 200-period moving average, a trailing stop mechanism, and time-based trading filters to limit activity.
- ATR-based stop loss and take profit
- 200-period moving average trend filter
- Automated percentage-based risk management
- Session time and maximum spread filters
- RSI mean reversion and MA crossover strategies
Details
Author
thenaritlab on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Mean reversion, Indicator crossover
Markets
Any symbol
Timeframes
M15-H1
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 RSI_MeanReversion_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpRSIPeriod | int | 14 | RSI Period |
InpOversold | double | 30 | RSI Oversold level |
InpOverbought | double | 70 | RSI Overbought level |
InpTrendMA | int | 200 | Trend filter MA Period |
InpATRPeriod | int | 14 | ATR Period |
InpATRStopMult | double | 2.0 | Stop Loss = ATR x |
InpATRTPMult | double | 3.0 | Take Profit = ATR x |
InpRiskPercent | double | 1.0 | Risk per trade (%) |
InpUseTrailing | bool | true | Use Trailing Stop |
InpTrailATRMult | double | 1.5 | Trailing distance = ATR x |
InpStartHour | int | 7 | Trading start hour (server time) |
InpEndHour | int | 20 | Trading end hour (server time) |
Show all 14 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpMaxSpread | int | 30 | Max spread (points) |
InpMagic | int | 100002 | Magic Number |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone thenaritlab/ea-trading-guide from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 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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