Trading robot · MT5

Fox EA

by OrangeFoxie

This MetaTrader 5 expert advisor, developed as a university project, executes trades based on technical indicators including Average Directional Index (ADX) and Moving Averages.

GitHub stars1
Forks0
Last update6 years ago29 Jun 2020
LicenceNone stated

Overview

The system features risk management controls such as fixed stop loss and take profit levels, which are automatically scaled for five-digit pricing. It includes internal checks for margin availability and trading percentages before opening positions. While the repository description mentions candle pattern forecasting, the provided code logic centers on indicator periods and trend-following parameters. The repository lacks a README, providing minimal documentation on specific entry conditions.

Details

Author

OrangeFoxie on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Indicator crossover

Markets

Any symbol

Timeframes

Any timeframe

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 Fox_ea.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
StopLossint30
TakeProfitint35
Indi_01_Periodint10
Indi_03_Periodint10
Indi_04_Periodint1
Lotsdouble0.2
Margin_Chkint9
Trd_percentdouble11
EA_magicint521753
ADX_Periodint10
MA_Periodint15

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone OrangeFoxie/DO-AN-TONG-HOP 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, and any .mqh files into the Include folder the code expects.
  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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