Trading robot · MT5

Forex Master Multi Strategy

by simonokwundue-ops

This MetaTrader 5 expert advisor utilizes a weighted signal scoring system to execute trades based on four technical indicators: Moving Average crossovers, RSI, Bollinger Bands, and MACD.

GitHub stars2
Forks2
Last update10 months ago13 Nov 2025
LicenceNone stated

Overview

Forex Master Multi Strategy incorporates multi-timeframe analysis across M15, M30, and H1 periods to confirm trend direction. Risk management features include ATR-based position sizing, fixed or dynamic lot sizing based on win rates, and hard stop losses. The system also includes trade management tools like automated breakeven, partial take profits, and limits on daily trade frequency.

Details

Author

simonokwundue-ops on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Mean reversion, Trend following, Multi-strategy

Markets

Forex

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.

Input parameters

Read from ForexMaster_v2_MultiStrategy.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
UseMAStrategybooltrueUse MA Crossover Strategy
UseRSIStrategybooltrueUse RSI Strategy
UseBBStrategybooltrueUse Bollinger Bands Strategy
UseMACDStrategybooltrueUse MACD Strategy
MinSignalScoreint60Minimum Signal Quality Score (0-100)
UseMultiTimeframebooltrueEnable Multi-Timeframe Analysis
TimeFrame1ENUM_TIMEFRAMESPERIOD_M15Timeframe 1 (Fast)
TimeFrame2ENUM_TIMEFRAMESPERIOD_M30Timeframe 2 (Medium)
TimeFrame3ENUM_TIMEFRAMESPERIOD_H1Timeframe 3 (Slow)
MinTFConfirmationint2Min Timeframes for Confirmation (1-3)
FastMA_Periodint10Fast MA Period
SlowMA_Periodint30Slow MA Period
Show all 40 inputs
NameTypeDefaultDescription
MA_MethodENUM_MA_METHODMODE_EMAMA Method
RSI_Periodint14RSI Period
RSI_Oversolddouble30.0RSI Oversold Level
RSI_Overboughtdouble70.0RSI Overbought Level
BB_Periodint20BB Period
BB_Deviationdouble2.0BB Standard Deviation
BB_AppliedPriceENUM_APPLIED_PRICEPRICE_CLOSEBB Applied Price
MACD_FastEMAint12MACD Fast EMA
MACD_SlowEMAint26MACD Slow EMA
MACD_Signalint9MACD Signal Period
MaxDailyTradesint20Maximum Trades Per Day
MinDailyTradesint5Minimum Target Trades Per Day
MaxConcurrentPositionsint5Max Concurrent Positions
MaxPortfolioRiskdouble10.0Max Portfolio Risk (% of Balance)
BaseRiskPercentdouble1.5Base Risk Per Trade (%)
UseDynamicRiskbooltrueUse Dynamic Risk Based on Win Rate
MinRiskPercentdouble0.5Minimum Risk Per Trade (%)
MaxRiskPercentdouble3.0Maximum Risk Per Trade (%)
StopLossPipsdouble40.0Stop Loss (Pips)
TakeProfitPipsdouble80.0Take Profit (Pips)
UseATRSizingbooltrueUse ATR for Position Sizing
ATR_Periodint14ATR Period
ATR_Multiplierdouble2.0ATR Multiplier for SL
UseBreakevenbooltrueAuto Move to Breakeven
BreakevenTriggerPipsdouble25.0Breakeven Trigger (Pips)
BreakevenOffsetPipsdouble5.0Breakeven Offset (Pips)
UsePartialTPbooltrueUse Partial Take Profit
PartialTP_Pipsdouble40.0First Partial TP (Pips)

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone simonokwundue-ops/MLQ5-EA from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 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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