Golden7 is an automated trading system for MetaTrader 5 that utilizes a weighted confluence engine across seven technical indicators, such as Moving Averages, RSI, and Bollinger Bands.
Golden7 uniquely allows users to input a manual fundamental bias score to influence trade direction. The robot includes a robust filtering system for trend alignment, market volatility, and specific trading sessions. Risk is managed through fixed or ATR-based stop losses and take profits, alongside a two-stage exit strategy featuring breakeven-plus and a trailing stop. It can also manage manually opened positions.
Weighted confluence engine with 7 technical indicators
Manual fundamental bias scoring system
Three-layer filtering for trend, volatility, and time
1Download the sourceUse "Download source (.zip)" above, or clone edisonq/golden7 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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