This MetaTrader 5 expert advisor serves as a template for multi-pair trading systems using a dual Moving Average crossover strategy. It is designed to execute trades across multiple symbols from a single chart based on a user-defined list of currency pairs. The EA includes risk management tools such as a trailing stop,
Framework & template · MT4 · MT5
FSB Pro Expert Advisor
This repository contains the MQL source code used by Forex Strategy Builder Professional to export automated trading strategies to MetaTrader 4 and MetaTrader 5.
High risk
GitHub stars36
Forks26
Last update4 years ago8 Nov 2021
LicenceNone stated
Overview
FSB Pro Expert Advisor serves as a standardized template for executing technical strategies generated by the software, handling order execution and trade management. The EA includes built-in risk controls such as fixed stop loss, take profit, and break-even settings. It also features position scaling capabilities and an optional martingale lot multiplier for risk management. The README is minimal as the code is primarily designed for integration with the external strategy builder software.
- MetaTrader 4 and 5 compatibility
- Martingale lot size multiplier
- Integrated break-even functionality
- Position scaling and amount controls
- Account equity protection settings
Details
Author
PopovMP on GitHub
Type
Framework & template
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Multi-strategy, Martingale
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
- Uses martingale lot scaling: losses can grow fast
EA Files
Input Parameters
Read from FSB_Expert_MT4.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Stop_Loss | int | 77705 | Stop Loss [point] |
Take_Profit | int | 77706 | Take Profit [point] |
Break_Even | int | 77707 | Break Even [point] |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone PopovMP/FSB_Expert_Advisor_Code from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 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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