This MetaTrader 5 repository provides a diverse collection of automated trading systems, including tools for supply and demand, news fetching, and price action strategies.
The primary expert advisor utilizes moving average crossovers and momentum filters to identify market pullbacks. It incorporates trade management features such as trailing stops, break-even logic, and profit targets defined by either monetary value or account percentage. The system employs martingale lot scaling via a multiplier exponent and includes an equity-based stop to limit total account exposure. The README is minimal, but the code reveals various technical indicators.
Read from Pullback.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
Use_TP_In_Money
bool
false
TP_In_Money
double
10
Use_TP_In_percent
bool
false
TP_In_Percent
double
10
txt32
string
------------[Money Trailing Stop]---------------
———————————————————————————————————————————
Enable_Trailing
bool
true
Enable_Trailing
Take_Profit_Money
double
40.0
Take Profit In Money (in current currency)
Stop_Loss_Money
double
10
Stop Loss In Money(in current currency)
Exit
bool
false
Enable Exit strategy
IncreaseFactor
double
0.001
IncreaseFactor
CandlesToRetrace
int
10
Num.Of Candles For Divergence
Lots
double
0.01
Lots size
Show all 27 inputs
Name
Type
Default
Description
LotExponent
double
1.44
Lots size Exponent
Stop_Loss
double
20
Stop Loss
MagicNumber
int
1234
MagicNumber
Take_Profit
double
50
TakeProfit
FastMA
int
6
FastMA
SlowMA
int
85
SlowMA
Mom_Sell
double
0.3
Momentum_Sell
Mom_Buy
double
0.3
Momentum_Buy
UseEquityStop
bool
true
Use Equity Stop
TotalEquityRisk
double
1.0
Total Equity Risk
Max_Trades
int
10
TrailingStop
double
40
TrailingStop
USEMOVETOBREAKEVEN
bool
true
Enable "no loss"
WHENTOMOVETOBE
double
30
When to move break even
PIPSTOMOVESL
double
30
How much pips to move sl
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone HERO-FIIFI/MT5-EAs 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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