EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot ยท MT5
GDSC Event MetaTrader
This MetaTrader 5 expert advisor utilizes a multi-timeframe approach to identify entry points based on the Relative Strength Index and candlestick patterns.
GitHub stars2
Forks0
Last update4 years ago31 Oct 2021
LicenceNone stated
Overview
GDSC Event MetaTrader monitors a lower timeframe for bullish engulfing formations while using a higher timeframe Exponential Moving Average to filter for trend direction. The bot calculates entry validity using an Average True Range multiplier and sets automated exit levels. Risk management is handled through ATR-derived stop losses and a configurable risk-to-reward multiplier for take profits. The repository lacks a README, but the source code reveals a structured technical strategy.
- Multi-timeframe trend filtering with 50-period EMA
- Bullish engulfing candlestick pattern recognition
- ATR-based entry filters and stop loss placement
- Fixed risk-to-reward ratio for profit targets
Details
Author
lukasavic1 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Mean reversion
Markets
Any symbol
Timeframes
M15-H1
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.
EA files
Input parameters
Read from NajboljiEAIkada.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
lowerTF | ENUM_TIMEFRAMES | PERIOD_M1 | |
higherTF | ENUM_TIMEFRAMES | PERIOD_H1 | |
periodRSI | int | 14 | |
ATREntryMultiplier | double | 1.5 | |
ATRMultiplier | double | 2 | |
RRMultiplier | double | 2 | |
allowBuy | bool | true | |
allowSell | bool | true |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone lukasavic1/GDSCEventMetaTrader 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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