This Expert Advisor framework for MetaTrader 4 provides a modular template for building custom trading strategies. It handles complex trade management tasks, including multi-symbol execution, margin-based position capping, and various lot-sizing algorithms such as risk percentage or fixed volume. Risk controls include
Framework & template · MT4
EURUSD EA Template
This MetaTrader 4 repository hosts a collection of expert advisors based on a standardized automated trading template.
GitHub stars1
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Last update4 years ago29 Jun 2022
LicenceNone stated
Overview
The source files are tailored for EURUSD on the M15 timeframe, offering a modular structure for integrating custom entry and exit signals. It includes comprehensive risk management settings, allowing users to define position sizes as a percentage of balance or fixed lots. It supports trailing stops, time-based filters, and spread limits. Note that the repository contains no README documentation, and the default stop loss and take profit settings are disabled.
- Customizable entry and exit signals
- Percentage-based risk management
- Broker server time filters
- Trailing stop and spread protection
Details
Author
himi1024 on GitHub
Type
Framework & template
Platform
MetaTrader 4 (MQL4)
Markets
Forex
Timeframes
M15-H1
Risk profile
- Trades without a fixed stop loss
Source
Input parameters
Read from EURUSD-testing.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Comment_strategy | string | ========== | Entry And Exit Settings |
Comment_0 | string | ========== | Risk Management Settings |
RiskDefaultSize | ENUM_RISK_DEFAULT_SIZE | RISK_DEFAULT_AUTO | Position Size Mode |
DefaultLotSize | double | 1 | Position Size (if fixed or if no stop loss defined) |
RiskBase | ENUM_RISK_BASE | RISK_BASE_BALANCE | Risk Base |
MaxRiskPerTrade | int | 2 | Percentage To Risk Each Trade |
MinLotSize | double | 0.01 | Minimum Position Size Allowed |
MaxLotSize | double | 100 | Maximum Position Size Allowed |
Comment_1 | string | ========== | Trading Hours Settings |
UseTradingHours | bool | false | Limit Trading Hours |
TradingHourStart | ENUM_HOUR | h10 | Trading Start Hour (Broker Server Hour) |
TradingHourEnd | ENUM_HOUR | h17 | Trading End Hour (Broker Server Hour) |
Show all 28 inputs
| Name | Type | Default | Description |
|---|---|---|---|
Comment_2 | string | ========== | Stop Loss And Take Profit Settings |
StopLossMode | ENUM_MODE_SL | SL_FIXED | Stop Loss Mode |
DefaultStopLoss | int | 0 | Default Stop Loss In Points (0=No Stop Loss) |
MinStopLoss | int | 0 | Minimum Allowed Stop Loss In Points |
MaxStopLoss | int | 5000 | Maximum Allowed Stop Loss In Points |
TakeProfitMode | ENUM_MODE_TP | TP_FIXED | Take Profit Mode |
DefaultTakeProfit | int | 0 | Default Take Profit In Points (0=No Take Profit) |
MinTakeProfit | int | 0 | Minimum Allowed Take Profit In Points |
MaxTakeProfit | int | 5000 | Maximum Allowed Take Profit In Points |
Comment_3 | string | ========== | Trailing Stop Settings |
UseTrailingStop | bool | false | Use Trailing Stop |
Comment_4 | string | ========== | Additional Settings |
MagicNumber | int | 0 | Magic Number For The Orders Opened By This EA |
OrderNote | string | | Comment For The Orders Opened By This EA |
Slippage | int | 5 | Slippage in points |
MaxSpread | int | 100 | Maximum Allowed Spread To Trade In Points |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone himi1024/MQL4 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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