Finam Strategy: Free MT5 Expert Advisor

Overview

Finam Strategy features comprehensive trade management including stop loss, take profit, and break-even functionality. The robot allows for position scaling through adding or reducing lot sizes and includes an optional martingale lot multiplier for recovery logic. Risk management is handled through an equity protection setting that closes all positions if the account balance drops below a specified threshold. The repository contains minimal documentation, leaving specific strategy logic and optimization details undefined.

Multi-indicator logic using Envelopes and Gator Oscillator

Martingale lot scaling multiplier

Equity-based account protection threshold

Automatic position scaling and reduction

Details

Author

PoGen-dev on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Mean reversion, Martingale

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

Uses martingale lot scaling: losses can grow fast
Trades without a fixed stop loss

EA files

finam_strategy.mq5

Source

github.com/PoGen-dev/finam_hackaton

Input parameters

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

Name	Type	Default	Description
`Stop_Loss`	`int`	`0`	Stop Loss [point]
`Take_Profit`	`int`	`0`	Take Profit [point]
`Break_Even`	`int`	`0`	Break Even [point]
`Slot0IndParam0`	`int`	`49`	MA period
`Slot0IndParam1`	`double`	`0.5`	Deviation %
`Slot1IndParam0`	`int`	`197`	Jaws period
`Slot1IndParam1`	`int`	`166`	Jaws shift
`Slot1IndParam2`	`int`	`29`	Teeth period
`Slot1IndParam3`	`int`	`51`	Teeth shift
`Slot1IndParam4`	`int`	`62`	Lips period
`Slot1IndParam5`	`int`	`123`	Lips shift
`Slot3IndParam0`	`int`	`16`	Period

Show all 13 inputs

Name	Type	Default	Description
`Slot3IndParam1`	`double`	`0`	Level

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone PoGen-dev/finam_hackaton 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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