Trading robot · MT5

Enhanced EA

by Yareda21

Enhanced EA is an automated trading robot for MetaTrader 5 that combines Relative Strength Index, Bollinger Bands, and Moving Average Convergence Divergence indicators to generate signals.

GitHub stars1
Forks0
Last update1 year ago12 Sep 2025
LicenceNone stated

Overview

The expert advisor includes an optional trend filter based on a 200-period moving average to align entries with the long-term market direction. It manages risk through a percentage-based lot sizing calculation and utilizes the Average True Range for volatility measurement. The repository contains multiple experimental files and lacks documentation, indicating it may be a collection of development scripts or practice code.

Details

Author

Yareda21 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Mean reversion, Trend following

Markets

Forex, Crypto

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.

Input parameters

Read from practice.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
TimeFrameENUM_TIMEFRAMESPERIOD_CURRENTChart timeframe
riskdouble1.0Risk percentage per trade
MagicNumint1234Magic Number
RSIPeriodint14RSI period
OverboughtLeveldouble70RSI overbought level
OversoldLeveldouble30RSI oversold level
BBPeriodint20Bollinger Bands period
BBDeviationdouble2.0Bollinger Bands deviation
FastEMAint12MACD fast EMA
SlowEMAint26MACD slow EMA
SignalSMAint9MACD signal SMA
ATRPeriodint14ATR period for volatility
Show all 14 inputs
NameTypeDefaultDescription
EnableTrendFilterbooltrueEnable trend filtering
TrendMAPeriodint200Trend MA period

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone Yareda21/Data-Structures from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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