by 
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 · MT5
Expert Advisors Collection
This repository provides a collection of standard template expert advisors for both MetaTrader 4 and MetaTrader 5.
GitHub stars1
Forks0
Last update4 years ago20 Feb 2022
LicenceNone stated
Overview
Expert Advisors Collection includes the classic MACD Sample and Moving Average robots, which demonstrate indicator-based trading logic. The MACD Sample enters positions based on MACD signal levels filtered by a moving average trend. Risk management features include fixed lot sizing, hard take profit targets, and a trailing stop functionality to protect gains. The repository serves as a basic technical reference with minimal external documentation.
- Indicator-based entry and exit logic
- Configurable trailing stop levels
- Fixed lot sizing for risk control
- Cross-platform MT4 and MT5 support
Details
Author
johnsmith-mql on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Indicator crossover, Trend following
Markets
Any symbol
Timeframes
M15-H1, H4 and above
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 MACD Sample.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLots | double | 0.1 | Lots |
InpTakeProfit | int | 50 | Take Profit (in pips) |
InpTrailingStop | int | 30 | Trailing Stop Level (in pips) |
InpMACDOpenLevel | int | 3 | MACD open level (in pips) |
InpMACDCloseLevel | int | 2 | MACD close level (in pips) |
InpMATrendPeriod | int | 26 | MA trend period |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone johnsmith-mql/expert-advisors from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .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.
Similar expert advisors
This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz
This repository provides a collection of Expert Advisors for MetaTrader 5 and Python trading scripts developed for an educational YouTube series. It features various technical indicator-based strategies, including MACD, Relative Strength Index, Stochastic, and Bollinger Bands. The included MQL5 files implement multi-ti
This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri
This collection for MetaTrader 5 provides a library and several expert advisors optimized for Renko chart trading. It includes a primary automated robot that executes trades based on Renko bar signals, as well as specific examples for moving average and price crossovers. The included tools offer robust trade management
This MetaTrader 5 expert advisor collection provides a modular approach to automated trading based on technical indicators. It features a trading robot that uses a moving average to identify entries, supported by risk management tools including hard stop losses and take profits. The system includes logic for break-even
Need a broker for MT4/MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers