Collection · MT5

Gold Warrior EA

by luizmachado

Gold Warrior is a MetaTrader 5 expert advisor that utilizes a combination of Commodity Channel Index (CCI), ZigZag, and momentum impulse indicators for trade execution.

GitHub stars1
Forks1
Last update8 years ago17 Aug 2018
LicenceNone stated

Overview

The robot manages individual positions with fixed stop loss and take profit settings while employing a trailing stop for profit protection. It features a basket-closing mechanism that exits all trades once a specific currency profit target is met. The code includes a lot multiplier for hedging positions, suggesting a multi-stage entry approach. The repository lacks a README, but the code provides detailed inputs for technical indicator tuning and trade management.

Details

Input parameters

Read from GoldWarrior02b.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpLotsdouble0.1Lots
InpStopLossushort100Stop Loss (in pips)
InpTakeProfitushort150Take Profit (in pips)
InpTrailingStopushort5Trailing Stop (in pips)
InpTrailingStepushort5Trailing Step (in pips)
InpPeriodint21Averaging period (for "Impulse" and "CCI")
InpDepthint12ZigZag: Depth
InpDeviationint5ZigZag: Deviation
InpBackstepint3ZigZag: Backstep
InpProfitCloseAlldouble300.0Profit target for closing all positions
InpOutputInChartbooltrueOutput, "false" -> in "Experts", "true" -> in Chart
InpInpulsSellint-30Negative impulse value for Sell signal
Show all 14 inputs
NameTypeDefaultDescription
InpInpulsBuyint30Positive impulse value for Buy signal
InpMultiplieruchar3Multiplier of hedge positions of 1st and 2nd level

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone luizmachado/MQL5 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, and any .mqh files into the Include folder the code expects.
  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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