Four Moving Average Advisor determines market direction to trigger buy or sell entries during specified trading hours. The robot features time-restricted operations, allowing trade execution only between set start and end times. Risk management is handled through a fixed trade volume and a maximum daily loss threshold. Each position includes an automated stop loss and a take profit level calculated at a one-to-one risk-reward ratio. The README documentation is minimal.
1Download the sourceUse "Download source (.zip)" above, or clone michaelph/mql_projects 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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