Hybrid Smart Zone EA: Free MT5 Expert Advisor

Overview

Hybrid Smart Zone EA employs a multi-indicator strategy incorporating Exponential Moving Averages, Bollinger Bands, RSI, MACD, and ADX to identify entry and exit points. The system defaults to a 15-minute timeframe but allows for customization. Risk management is handled through percentage-based lot sizing, an integrated spread filter, and account protection features including a maximum drawdown limit and an equity-based stop loss. The repository lacks a README, meaning users must rely on the input parameters for configuration.

Multi-indicator logic using EMA, RSI, MACD, and Bollinger Bands

Percentage-based risk management and lot sizing

Account-wide equity stop loss and drawdown protection

Configurable spread filter for trade execution

Details

Author

Sonthep on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Multi-strategy, Trend following, Mean reversion

Markets

Any symbol

Timeframes

M15-H1

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

Interface/EAEntry.mq5

Source

github.com/Sonthep/hybrid-smart-zone-ea

Input parameters

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

Name	Type	Default
`RiskPercent`	`double`	`1.5`
`MaxSpreadPoints`	`int`	`30`
`MaxDrawdown`	`double`	`8.0`
`EquityStopLoss`	`double`	`10.0`
`EMA_Period`	`int`	`200`
`ADX_Period`	`int`	`14`
`RSI_Period`	`int`	`14`
`BB_Period`	`int`	`20`
`BB_Deviation`	`double`	`2.0`
`ATR_Period`	`int`	`14`
`MACD_Fast`	`int`	`12`
`MACD_Slow`	`int`	`26`

Show all 14 inputs

Name	Type	Default	Description
`MACD_Signal`	`int`	`9`
`TF`	`ENUM_TIMEFRAMES`	`PERIOD_M15`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Sonthep/hybrid-smart-zone-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, 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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