This repository contains a collection of MetaTrader 4 expert advisors, including robots based on RSI, Bollinger Bands, and moving averages. The primary featured expert advisor implements a dual-symbol statistical arbitrage strategy using indicators such as ZigZag and Moving Averages to identify entries. It employs a ma
Collection · MT4
Eternal Collection
This collection for MetaTrader 4 features several automated trading scripts, with the Eternal EA serving as the primary component.
High risk
GitHub stars1
Forks0
Last update9 years ago18 Sep 2017
LicenceNone stated
Overview
The system implements a hedging strategy by opening simultaneous buy and sell positions. It manages these trades using user-defined price gaps and closes positions once a specific number of orders reach a profit threshold. The software includes price boundary filters to restrict activity within a set range. Additional files in the repository provide standard indicator crossovers and arbitrage logic. The repository lacks documentation, offering no specific guidance on setup or optimization.
- Simultaneous buy and sell hedging
- Price boundary entry filters
- Configurable profit gap management
- Basket closure based on winning order count
- Support for multiple strategy types
Details
Author
AdaJass on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Hedging, Arbitrage, Indicator crossover, Martingale
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
- Holds opposite positions at once
- Trades without a fixed stop loss
EA files
- Experts/Eternal.mq4
- Experts/MacdBetray.mq4
- Experts/MACD Sample.mq4
- Experts/Moving Average.mq4
- Experts/HedgeFund.mq4
- Experts/Arbitrage_EUR_BGP_USD.mq4
- Experts/NGX01.mq4
- Experts/OrangeJuice.mq4
- Experts/XNGUSD.mq4
- Experts/Spaculator.mq4
About 16 expert advisors in this repository. See them all on GitHub.
Source
Input parameters
Read from Eternal.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Lots | double | 0.01 | |
MiniBuyGap | int | 10000 | 最小的买单做单间隔 |
MiniSellGap | int | 10000 | 最小的卖单做单间隔 |
BuyProfitGap | int | 150 | 最小买单平仓间隔 |
SellProfitGap | int | 150 | 最小卖单平仓间隔 |
BuyGainOrdersClose | int | 1 | 当至少有多少个买单盈利时才平仓 |
SellGainOrdersClose | int | 1 | 当至少有多少个卖单盈利时才平仓 |
LowGate | double | 0 | you must input the low trashold |
HighGate | double | 1000.0 | you must input the high trashold |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone AdaJass/MT4 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, 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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