This expert advisor for MetaTrader 5 is a multi-strategy system that utilizes market regime detection to switch between trend following, range trading, and breakout modes. It incorporates a wide array of technical indicators, including Moving Averages, RSI, MACD, Ichimoku, and SuperTrend. The bot manages risk through v
Trading robot · MT5
Forex Ema Risk Bot
An MT5 Expert Advisor specifically designed for trading gold (XAU/USD) with modular strategy components and strong risk management filters.
GitHub stars1
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Last update2 days ago25 Sep 2026
LicenceNone stated
Overview
Forex Ema Risk Bot features four mutually exclusive trading modes: Donchian breakout, EMA trend pullback, session breakout, and Bollinger Bands mean reversion. Trades are entered based on multi-timeframe confirmation rules and exit via ATR-based take profit, stop loss, or optional trailing stop. The EA contains advanced risk features such as daily, weekly, and monthly equity protection limits, news blackout windows, spread filters, and automatic position size reduction during drawdown streaks.
- Four selectable and mutually exclusive strategy modes
- Multi-timeframe trend and regime detection filters
- Comprehensive equity protection limits and drawdown circuit breakers
- Automatic position size reduction after consecutive losses
- High-impact USD economic calendar news blackout window
Details
Author
Behzod-max on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Trend following, Mean reversion
Markets
Gold
Timeframes
M15-H1
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 ForexEmaRiskBot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpGoldSymbol | string | XAUUSD | |
InpStrategy | ENUM_STRATEGY | STRATEGY_DONCHIAN_BREAKOUT | |
InpEntryTimeframe | ENUM_TIMEFRAMES | PERIOD_M15 | |
InpTrendEmaPeriod | int | 200 | |
InpTrendSlopeLookback | int | 5 | |
InpRegimeAdxThreshold | double | 20.0 | |
InpAbnormalAtrRatio | double | 2.5 | |
InpLowLiquidityAtrRatio | double | 0.4 | |
InpFastEmaPeriod | int | 20 | |
InpSlowEmaPeriod | int | 50 | |
InpDonchianPeriod | int | 20 | |
InpAtrPeriod | int | 14 |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpRsiPeriod | int | 14 | |
InpBandsPeriod | int | 20 | |
InpBandsDeviation | double | 2.0 | |
InpMeanReversionRsi | double | 30.0 | |
InpSessionStartHour | int | 8 | |
InpSessionEndHour | int | 12 | |
InpSignalExpiryBars | int | 8 | |
InpUseTrendConfirmation | bool | true | |
InpUseBreakoutConfirmation | bool | true | |
InpUseMomentumConfirmation | bool | true | |
InpUseVolumeConfirmation | bool | false | |
InpMinimumConfirmations | int | 3 | |
InpRiskPercent | double | 0.5 | |
InpBreakoutAtrMultiplier | double | 1.2 | |
InpStopAtrMultiplier | double | 1.5 | |
InpTargetAtrMultiplier | double | 3.0 | |
InpUseTrailingStop | bool | false | |
InpTrailingAtrMultiplier | double | 1.0 | |
InpMaxDailyLossPercent | double | 2.0 | |
InpMaxWeeklyLossPercent | double | 5.0 | |
InpMaxMonthlyLossPercent | double | 8.0 | |
InpMaxDrawdownPercent | double | 10.0 | |
InpLossStreakThreshold | int | 3 | |
InpLossStreakRiskFactor | double | 0.5 | |
InpMaxSpreadPoints | int | 100 | |
InpMaxDeviationPoints | int | 10 | |
InpMaxEntrySlippagePoints | int | 20 | |
InpNewsBlackoutMinutes | int | 15 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone Behzod-max/Robot 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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