FX Trading EA Collection: Free MT4/MT5 Expert Advisor

Overview

The expert advisors utilize various technical indicators, including ADX, DMI, RSI, and Heiken Ashi, to determine market entry points. Some strategies are based on price action from previous candle directions. Trade management features include fixed stop losses and take profit targets, alongside a lot size multiplier for recovery. The repository includes specialized files for gold and general forex pairs. While some versions include risk controls, others are explicitly designed without stop losses or utilize martingale lot scaling. The README documentation is minimal.

Indicator based ADX and RSI filters

Heiken Ashi trend analysis

Adjustable lot size multiplier

Multiple strategy selection in main EA

Details

Input parameters

Read from TaPN_XS_xlot_v3.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`mode`	`string`	`=== Trading Mode Settings ===`
`tradingMode`	`TradingMode`	`TWO_WAYS`
`strategy`	`Strategy`	`ADX_DMI`
`strategy1`	`string`	`=== ADX Settings ===`
`ADXPeriod`	`int`	`14`
`ADXThreshold`	`int`	`30`
`ADXDiff`	`int`	`15`
`strategy2`	`string`	`=== RSI & Heiken Ashi Settings ===`
`RSIPeriod`	`int`	`14`
`RSIOverBought`	`int`	`70`
`RSIOverSold`	`int`	`30`
`RSIDiff`	`int`	`5`

Show all 19 inputs

Name	Type	Default
`strategy3`	`string`	`=== Previous Candle Settings ===`
`SameDirection`	`bool`	`true`
`RR`	`string`	`=== Risk Management Settings ===`
`baseLot`	`double`	`0.01`
`targetTakeProfit`	`int`	`600`
`targetStopLoss`	`int`	`400`
`multiplier`	`double`	`2.0`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone tambillbka/fx-trading-EA 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.

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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FX Trading EA Collection

Overview

Details

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Type

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Strategy

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Timeframes

Risk profile

EA files

Source