HpFX Framework: Free MT4 Expert Advisor

Overview

HpFX Framework allows traders to define complex rules by combining up to ten custom indicators as entry signals, confirmation filters, or exit triggers using a flexible string-based encoding. The system includes ATR-based risk management for dynamic stop loss and take profit levels, break-even logic, and spread protection. It is specifically optimized for batch testing across multiple currency pairs to identify effective indicator combinations while eliminating manual simulation effort and psychological bias.

Configurable indicator-based entry and exit rules

ATR-based dynamic stop loss and take profit

Support for up to ten concurrent indicators

Parallelized batch simulation engine

Automated trade management with break-even logic

Details

Author

mbelgin on GitHub

Type

Framework & template

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Indicator crossover, Multi-strategy

Markets

Forex

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

MT4/Experts/hpFX_Engine.mq4

Source

github.com/mbelgin/hpFX

Input Parameters

Read from hpFX_Engine.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`indi_defs_1`	`string`		Indicator #1 definition
`indi_usage_1`	`t_indi_usage`	`DISABLED`	Indicator #1 usage
`indi_defs_2`	`string`		Indicator #2 definition
`indi_usage_2`	`t_indi_usage`	`DISABLED`	Indicator #2 usage
`indi_defs_3`	`string`		Indicator #3 definition
`indi_usage_3`	`t_indi_usage`	`DISABLED`	Indicator #3 usage
`indi_defs_4`	`string`		Indicator #4 definition
`indi_usage_4`	`t_indi_usage`	`DISABLED`	Indicator #4 usage
`indi_defs_5`	`string`		Indicator #5 definition
`indi_usage_5`	`t_indi_usage`	`DISABLED`	Indicator #5 usage
`indi_defs_6`	`string`		Indicator #6 definition
`indi_usage_6`	`t_indi_usage`	`DISABLED`	Indicator #6 usage

Show all 40 inputs

Name	Type	Default	Description
`indi_defs_7`	`string`		Indicator #7 definition
`indi_usage_7`	`t_indi_usage`	`DISABLED`	Indicator #7 usage
`indi_defs_8`	`string`		Indicator #8 definition
`indi_usage_8`	`t_indi_usage`	`DISABLED`	Indicator #8 usage
`indi_defs_9`	`string`		Indicator #9 definition
`indi_usage_9`	`t_indi_usage`	`DISABLED`	Indicator #9 usage
`indi_defs_10`	`string`		Indicator #10 definition
`indi_usage_10`	`t_indi_usage`	`DISABLED`	Indicator #10 usage
`div2`	`string`	`----------------------`	TRADING CONDITIONS
`min_before_candle_close`	`int`	`5`	Trading window before candle close (min)
`max_spread_pips`	`double`	`10.0`	Max spread to take trades
`max_slippage_points`	`int`	`100`	Max allowed slippage in points
`div3`	`string`	`----------------------`	RISK MANAGEMENT
`risk_percent`	`double`	`2`	Risk per trade (percent)
`opt_first_order_risk`	`double`	`100.0`	1st order risk % (use 100.0 for single trade)
`opt_1st_sl_atr_multiplier`	`double`	`1.5`	1st SL ATR multiplier
`opt_1st_tp_atr_multiplier`	`double`	`3.0`	1st TP ATR multiplier (0 to leave it open)
`opt_2nd_sl_atr_multiplier`	`double`	`1.5`	2nd SL ATR multiplier
`opt_2nd_tp_atr_multiplier`	`double`	`3.0`	2nd TP ATR multiplier (0 to leave it open)
`no_indiexit_on_first_trade`	`bool`	`false`	Do NOT check exit conditions on the first trade
`add_spread_to_tp`	`bool`	`false`	Add current spread to TP
`require_matching_candle`	`bool`	`false`	Require matching candle to trade
`sl_to_be_R`	`double`	`0.0`	R to move SL->BE
`div4`	`string`	`----------------------`	VARIOUS
`debug_output`	`bool`	`false`	Debug output (enables banner/debug logs)
`repaint_check`	`bool`	`false`	(BETA) Perform a repaint check and exit instead of running tests
`doji_percent`	`double`	`10.0`	Percent of daily range for a candle to be considered 'doji'
`div5`	`string`	`----------------------`	ROULETTE MM

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone mbelgin/hpFX from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 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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