Forex Cruise System: Free MT4 Expert Advisor

Overview

The robot identifies a price range within a specific morning time window and enters trades when price breaks beyond defined thresholds. It includes integrated risk management that calculates lot sizes based on a percentage of the account balance. Users can configure five multiplier-based take profit levels and set filters for minimum or maximum box size. The EA manages trades until a designated session end time.

Session-based price box breakout

Percentage-based risk management

Five-tier factor-based take profit levels

Minimum and maximum box size filters

Automated session end trade termination

Details

Author

mamadrahmani on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Breakout, Martingale

Markets

Forex

Timeframes

M15-H1

Risk profile

Uses martingale lot scaling: losses can grow fast

EA files

CRUISE 2.3.mq4

Source

github.com/mamadrahmani/Forex_Cruise_System

Input parameters

Read from CRUISE 2.3.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`risk_percent_per_trade`	`double`	`0.2`
`base_balance`	`double`	`1000`
`box_start_time`	`string`	`6:00`
`box_end_time`	`string`	`9:15`
`session_end_time`	`string`	`23:00`
`tp1_factor`	`double`	`1.000`
`tp2_factor`	`double`	`1.809`
`tp3_factor`	`double`	`2.618`
`tp4_factor`	`double`	`3.427`
`tp5_factor`	`double`	`4.236`
`box_min_size`	`int`	`150`
`box_max_size`	`int`	`800`

Show all 19 inputs

Name	Type	Default
`buy_entry_line_shift`	`int`	`20`
`sell_entry_line_shift`	`int`	`20`
`box_ok_color`	`color`	`clrLightBlue`
`box_min_color`	`color`	`clrRed`
`box_max_color`	`color`	`clrOrange`
`box_session_color`	`color`	`clrLinen`
`box_profit_color`	`color`	`clrLightGreen`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone mamadrahmani/Forex_Cruise_System 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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