Trading robot · MT5

HiLo Pro

by lfpmeloni

HiLo Pro is a MetaTrader 5 robot that identifies trades using a combination of the HiLo Activator and the Relative Strength Index.

GitHub stars1
Forks0
Last update6 years ago6 Apr 2020
LicenceNone stated

Overview

HiLo Pro executes long or short positions based on trend direction and momentum filters for overbought or oversold conditions. The EA includes intraday time management, allowing users to define specific start and end times for market participation. Risk controls include fixed lot sizing and a daily profit target that stops trading for the session. The repository provides minimal documentation, relying on standard indicator logic and price action for its execution strategy.

Details

Author

lfpmeloni on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Mean reversion

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

  • Trades without a fixed stop loss

EA files

Input parameters

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

NameTypeDefaultDescription
estrategiaESTRATEGIA_ENTRADACOMPRA_VENDA
period_hiloint6Periodos do HiLo
method_hiloENUM_MA_METHODMODE_SMAMétodo das Medias Moveis (HiLo)
timeframe_hiloENUM_TIMEFRAMESPERIOD_CURRENTTempo grafico para HiLo
period_rsiint9Periodos do RSI
rsi_overbuyint70Nivel de sobrecompra
rsi_oversellint30Nivel de sobrevenda
num_lotesint1Numero de lotes a serem negociados;
hora_fecha_opstring17:45Horario de encerramento das ordens
hora_comec_opstring09:30Horario de inicio das operacoes
daily_profitdouble300.00

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone lfpmeloni/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.
  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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