This MetaTrader 4 expert advisor operates two concurrent strategy groups based on technical indicators. It primarily utilizes Bollinger Bands and Envelopes to identify market entries for automated trading. The robot employs a position scaling approach, using lot multipliers and fixed-distance grid additions to manage t
Trading robot · MT4 · MT5
Hosopi 2
Hosopi 2 is an automated trading robot for MetaTrader 4 and 5 that utilizes a mean-reversion strategy based on Bollinger Bands.
High risk
GitHub stars1
Forks0
Last update10 months ago8 Nov 2025
LicenceNone stated
Overview
The system enters counter-trend trades when price hits the bands and manages positions using a Nanpin martingale approach, layering orders at intervals to average down. Risk controls include time filters for specific hours, a volatility filter to avoid entries during rapid price fluctuations, and a breakout function designed for stop-loss or reversal logic. The codebase is modularly designed for cross-platform compatibility.
- Cross-platform MQL4 and MQL5 compatibility
- Bollinger Band counter-trend strategy
- Automatic martingale and grid lot scaling
- Time filters for specific days and hours
- Breakout function for stop loss or reversal entries
Details
Author
harukihosono on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Mean reversion, Martingale, Grid
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
- Opens a grid of orders: exposure builds up in a trend
EA files
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone harukihosono/Hosopi-2 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .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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