Hosopi: Free MT4/MT5 Expert Advisor

Overview

Hosopi utilizes a modular architecture to handle trade execution and account protection, incorporating indicator-based entry logic and volatility filtering. The software includes a Funds Guard to prevent orders during insufficient margin and an Order Rate Guard to manage execution frequency. Trade management features hidden take profit levels, a graphical user interface for real-time monitoring, and scheduled time-based closures. The repository lacks a README, offering limited documentation on specific trading parameters.

Modular indicator-based entry system

Funds Guard margin protection module

Custom GUI and information panel

Hidden ghost take profit functionality

Volatility and time-based filters

Details

Author

harukihosono on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)

Strategy

Multi-strategy

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA files

Source

github.com/harukihosono/Hosopi-3

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone harukihosono/Hosopi-3 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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