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Trading robot · MT5
Enamel
Enamel is a trend-pullback expert advisor for MetaTrader 5 specifically configured for USD currency pairs.
GitHub stars6
Forks0
Last update12 months ago27 Sep 2025
LicenceApache-2.0
Overview
The robot identifies entries using a combination of exponential moving averages, RSI, MACD, and ADX indicators, requiring confirmation from candle body size relative to volatility. It includes a higher timeframe trend filter and time-based restrictions to avoid low liquidity or Friday market closes. Risk controls include dynamic lot sizing based on account percentage, ATR-based stop losses, trailing stops, and a partial exit feature that closes half the position at a predefined target.
- Multi-indicator trend pullback logic
- Higher timeframe EMA trend filter
- Dynamic risk-based lot sizing
- ATR-based volatility trailing stop
- Partial exit and adaptive take profit
Details
Author
DocProvolone on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Mean reversion, Indicator crossover
Markets
Forex
Timeframes
M1-M5, 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.
EA files
Input parameters
Read from Enamel.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
AllowLiveTrading | bool | false | |
TimeFrame | ENUM_TIMEFRAMES | PERIOD_M5 | |
FastEMAPeriod | int | 21 | |
SlowEMAPeriod | int | 50 | |
RSIPeriod | int | 14 | |
RSIOverbought | double | 70.0 | |
RSIOversold | double | 30.0 | |
MACDFastEMA | int | 12 | |
MACDSlowEMA | int | 26 | |
MACDSignalSMA | int | 9 | |
ATRPeriod | int | 14 | |
ATRMultiplier | double | 1.5 |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
ADXPeriod | int | 14 | |
ADX_Threshold | double | 25.0 | |
BBPeriod | int | 20 | |
BB_Width_Threshold | double | 0.005 | ~0.5% width |
UseCandleConfirmation | bool | true | |
MinCandleBodyATRRatio | double | 0.5 | |
UseHTFTrendFilter | bool | true | |
HTFTrendTimeframe | ENUM_TIMEFRAMES | PERIOD_H1 | |
HTFTrendEMAPeriod | int | 200 | |
UseTradeHours | bool | true | |
TradeHourStart | int | 8 | |
TradeHourEnd | int | 20 | |
UseTradeTimeout | bool | true | |
TimeoutBars | int | 20 | |
UseFridayFilter | bool | true | |
FridayCutoffHour | int | 17 | |
UseReverseSignalExit | bool | true | |
LotSize | double | 0.1 | |
UseDynamicLotSizing | bool | true | Enable risk-based lot sizing |
RiskPercent | double | 1.0 | Risk per trade in % |
MaxAllowedLot | double | 5.0 | Maximum lot size allowed |
UsePartialExit | bool | true | |
PartialExitPercent | double | 50.0 | |
PartialTriggerATR | double | 1.5 | |
UseAdaptiveTP | bool | true | Enable adaptive TP |
TPRatio | double | 1.5 | TP = SL * TPRatio |
UseTrailingStop | bool | true | |
TrailingStepPips | double | 10.0 | Only move SL after price moves X pips |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone DocProvolone/Enamel 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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