Collection · MT5

Galaxy Trader

by phamngocvinh

Galaxy Trader is a collection of MetaTrader 5 expert advisors focused on trend following using the Ichimoku Kinko Hyo indicator.

Archived by its author

GitHub stars21
Forks6
Last update4 years ago17 Mar 2022
LicenceGPL-3.0
Latest releasev1.04 years ago

Overview

The primary component, Trend Catcher, monitors up to three distinct timeframes simultaneously to identify bullish or bearish market conditions. It executes trades based on cloud positions for both entry and exit signals across user-defined periods. Risk management features include a maximum trade count and a gap filter that prevents entries when price deviates significantly from the cloud. The repository also includes tools for trailing stops and multi-frame price surfing.

Details

Author

phamngocvinh on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Multi-strategy

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

  • Trades without a fixed stop loss

Topics

mql5metatradermetaeditorexpert-advisorstrend-detection

Input parameters

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

NameTypeDefaultDescription
ENTRY_TIMEFRAME_1ENUM_TIMEFRAMESPERIOD_M15Entry TimeFrame 1
ENTRY_TIMEFRAME_2ENUM_TIMEFRAMESPERIOD_M30Entry TimeFrame 2
ENTRY_TIMEFRAME_3ENUM_TIMEFRAMESPERIOD_H1Entry TimeFrame 3
TP_TIMEFRAME_1ENUM_TIMEFRAMESPERIOD_M15Take Profit TimeFrame 1
TP_TIMEFRAME_2ENUM_TIMEFRAMESPERIOD_M30Take Profit TimeFrame 2
TP_TIMEFRAME_3ENUM_TIMEFRAMESPERIOD_H1Take Profit TimeFrame 3
POINT_GAPint100Range between cloud and price
TIMERint1800Checker Interval (Second)
MAX_TRADEint3Total Number of Trade

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone phamngocvinh/galaxy-trader 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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