The expert advisor utilizes a trend-following strategy based on the alignment of three Exponential Moving Averages to identify price direction. Entries are filtered using a momentum indicator to confirm market strength. Risk management is implemented through dynamic stop losses calculated using an Average True Range multiplier. The repository is minimal and lacks a README, but the code provides a structured approach to trend-based gold trading with volatility-adjusted protection.
Read from GoldPullbackBot_v3.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
FastEMA_Period
int
9
Period for Fast EMA
MediumEMA_Period
int
21
Period for Medium EMA
SlowEMA_Period
int
55
Period for Slow EMA
ATRMultiplier
double
1.5
Multiplier for ATR dynamic stop loss
MomentumPeriod
int
14
Period for momentum filter
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone umarf000/tradingbot 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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