HiLo Capital EA combines two exponential moving averages, specifically the 50 and 200 periods, with the Traders Dynamic Index (TDI) custom indicator to identify market entries. Risk management is handled through an automated lot sizing function that calculates volume as a percentage of the account balance. The EA also includes built-in Telegram integration for remote status updates and trade notifications. Because there is no documentation, users must manually configure the required custom indicator and connection strings.
Trend detection via dual exponential moving averages
Read from HighLowCapitalBot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
EMA_Fast_Period
int
50
Fast EMA period (FR6.1)
EMA_Slow_Period
int
200
Slow EMA period (FR6.2)
TDI_Custom_Indicator_Name
string
TradersDynamicIndex
TDI indicator filename (FR6.3)
TDI_RSI_Period
int
13
RSI Period
TDI_RSI_Price
int
PRICE_CLOSE
RSI Price type (e.g., PRICE_CLOSE)
TDI_Volatility_Band_Period
int
34
Volatility Band Period
TDI_StdDev
double
1.6185
Standard Deviations for Volatility Bands
TDI_RSI_Price_Line
int
2
RSI Price Line MA period
TDI_RSI_Price_Type
int
MODE_SMA
RSI Price Line MA type
TDI_Trade_Signal_Line
int
7
Trade Signal Line MA period
TDI_Trade_Signal_Type
int
MODE_SMA
Trade Signal Line MA type
TDI_UpperTimeframe
int
0
Upper timeframe (0 = current)
Show all 16 inputs
Name
Type
Default
Description
Telegram_Bot_Token
string
Telegram Bot Token (FR6.5)
Telegram_Chat_ID
string
Telegram Chat ID (FR6.6)
MagicNumber
int
20250420
Unique EA identifier (FR6.7)
Risk_Percent
double
5.0
Risk percent per trade (e.g., 1.0 = 1%)
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone NeoSkosana/HiLo_Capital_MT5_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.
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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