This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take
Collection · MT4
EABOTS Collection
This repository contains a collection of MetaTrader 4 expert advisors and utilities focusing on technical indicator strategies.
GitHub stars1
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Last update3 years ago21 Jan 2023
LicenceNone stated
Overview
The core EA, MACROSS, initiates positions based on simple moving average crossovers and filters entries using the Relative Strength Index. It incorporates risk controls through ATR-based stop loss and take profit levels, along with a limit on concurrent trades. Additional files in the repository provide trade management functions, such as trailing stops and break-even automation. The codebase is provided without a README or documentation, representing a set of basic trading scripts.
- Moving average crossover signal generation
- RSI based trend filtering
- ATR derived stop loss and take profit
- Break-even and trailing stop utility files
- Configurable maximum concurrent order limit
Details
Author
AlexDotel on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover, Trend following
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
Input parameters
Read from MACROSS.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
timeframeRSI | ENUM_TIMEFRAMES | PERIOD_H1 | |
operacionesMaximas | int | 2 | |
ma1 | int | 9 | Media móvil 1 |
ma2 | int | 12 | Media móvil 2 |
lots | double | 0.1 | Tamaño de la posición |
sl | double | 3 | Pérdida máxima permitida |
tp | double | 9 | Ganancia máxima esperada |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone AlexDotel/EABOTS 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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