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Collection · MT4

Forex Code MQL4 Collection

by hamzash750

This repository is a collection of several MetaTrader 4 expert advisors, including robots based on RSI and MACD crossovers, engulfing patterns, and pending order strategies.

View on GitHub Download source (.zip)

High risk

GitHub stars1
Forks0
Last update4 years ago30 May 2022
LicenceNone stated

Overview

The primary code provided utilizes a combination of the Relative Strength Index (RSI) for overbought and oversold detection and Moving Average Convergence Divergence (MACD) for trend confirmation. It manages risk through fixed stop loss and take profit levels defined in pips and uses static lot sizing. The repository lacks a README, requiring users to inspect the individual source files for configuration details.

Details

Author

hamzash750 on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover, Mean reversion, Multi-strategy, Martingale

Markets

Forex

Timeframes

Any timeframe

Risk profile

  • Uses martingale lot scaling: losses can grow fast

EA files

About 21 expert advisors in this repository. See them all on GitHub.

Source

github.com/hamzash750/ForexCode_MQL4

Input parameters

Read from Macd diver rsi mt4.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
MagicStartint6020Magic Number, kind of...
inp1_Lo_RSIperiodint14
inp1_Ro_Valuedouble30.0
inp2_fastEMAint12
inp2_slowEMAint26
inp2_signalSMAint9
inp3_VolumeSizedouble0.01
inp3_StopLossPipsdouble50.0
inp3_TakeProfitPipsdouble50.0
inp4_Lo_RSIperiodint14
inp4_Ro_Valuedouble70.0
inp5_fastEMAint12
Show all 17 inputs
NameTypeDefaultDescription
inp5_slowEMAint26
inp5_signalSMAint9
inp6_VolumeSizedouble0.01
inp6_StopLossPipsdouble50.0
inp6_TakeProfitPipsdouble50.0

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone hamzash750/ForexCode_MQL4 from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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