This collection of expert advisors for MetaTrader 4 and 5 provides various automated strategies based on price action and technical indicators. The primary EA utilizes a moving average crossover system with switchable modes for different market conditions. It features a martingale lot-scaling system for sideways market
Collection · MT4
Forex Bot Collection
This collection of MetaTrader 4 expert advisors serves as a practice environment for MQL4 development.
GitHub stars1
Forks0
Last update5 years ago17 Feb 2021
LicenceNone stated
Overview
The scripts primarily focus on moving average crossover logic, utilizing 50-period Simple Moving Average and 15-period Exponential Moving Average indicators. Additionally, the code implements swing high and low detection based on configurable look-back periods. Rather than full automation, many of the scripts plot visual chart objects like arrows to mark potential signals. The repository includes experimental files for Parabolic SAR stop-loss management and price action analysis, though the README is minimal and the project is intended for educational purposes.
- Moving average crossover logic
- Swing high and low detection
- Visual chart signal plotting
- Parabolic SAR stop-loss management
- Adjustable look-back parameters
Details
Author
MrMohebi on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover, SMC / ICT / price action, Scalping
Markets
Any symbol
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.
EA files
Input parameters
Read from strategy1MA5015.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
bigHighLimitDis | int | 25 | |
smallHighLimitDis | int | 10 | |
bigLowLimitDis | int | 25 | |
smallLowLimitDis | int | 10 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone MrMohebi/forex-bot 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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