Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot · MT5
Golden Strategist EA
This MetaTrader 5 expert advisor specializes in trading Gold (XAUUSD) by targeting volatility during the New York session.
GitHub stars68
Forks19
Last update2 years ago22 Oct 2023
LicenceNone stated
Overview
Golden Strategist EA utilizes an Average True Range (ATR) indicator to identify market trends and determine entry levels for limit orders. Risk management includes fixed stop loss parameters and dynamic trailing stops to secure gains. The system incorporates rigid time-based filters to restrict trading to high-liquidity sessions. Although the developer describes it as a high-frequency bot, the logic behaves as an intraday trend-follower. The repository lacks a README file, leaving technical details to be found within the source code.
- ATR-based trend identification
- Session-specific trading windows
- Dynamic trailing stop management
- Automated limit order execution
- Fixed stop loss protection
Details
Author
raracraz on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Breakout
Markets
Gold
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.
Topics
botexpert-advisorforexforex-tradinghigh-frequency-tradingmetatrader5mq5mqh
Input Parameters
Read from Golden Strategist EA_v1.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpAtrLength | float | 1 | ATR Length |
InpAtrPeriod | float | 5 | ATR Period |
InpAtrMultiplier | float | 1 | ATR multiplier |
limitPriceGap | float | 200 | |
stopLossPips | float | 300.0 | |
lotSize | float | 0.02 | Lot Size |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone raracraz/Golden-Strategist-EA 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, and any .mqh files into the Include folder the code expects.
- 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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