Hybrid Swing EA: Free MT4 Expert Advisor

Overview

Hybrid Swing EA operates on the H4 timeframe, utilizing Bollinger Bands for entry signals coupled with ADX and ATR filters to identify high-volatility trend environments. The EA employs a one-shot entry approach per identified regime to avoid overtrading in choppy conditions. Risk controls include ATR-derived stop losses, automated partial profit-taking at specific reward ratios, and a trailing stop mechanism. A time-based exit rule is included to manage trades that do not reach targets within a defined period.

Regime-gated breakout logic

ATR-based volatility filters

Automated partial profit taking

Time-based exit management

Details

Author

clevergoldfox on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Breakout, Trend following

Markets

Crypto

Timeframes

M15-H1, H4 and above

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/clevergoldfox/vantage_EA

Input parameters

Read from XRP_H4_HybridSwingEA.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`TradeSymbol`	`string`		"" = chart symbol
`MagicNumber`	`int`	`990001`
`TF`	`ENUM_TIMEFRAMES`	`PERIOD_H4`
`AllowBuy`	`bool`	`true`
`AllowSell`	`bool`	`true`
`BB_Period`	`int`	`20`
`BB_Dev`	`double`	`2.0`
`RSI_Period`	`int`	`14`
`UseRSIConfirm`	`bool`	`true`
`RSI_BuyAbove`	`double`	`52.0`
`RSI_SellBelow`	`double`	`48.0`
`ADX_Period`	`int`	`14`

Show all 39 inputs

Name	Type	Default	Description
`ADX_Min`	`double`	`28.0`	trend strength
`ADX_ResetBelow`	`double`	`20.0`	regime reset
`ATR_Period`	`int`	`14`
`ATR_Pctl_Window`	`int`	`120`	rolling window in H4 bars
`ATR_Pctl_Enter`	`double`	`65.0`	enter regime when ATR percentile >= this
`ATR_Pctl_Reset`	`double`	`45.0`	reset when ATR percentile falls below this
`Min_BB_Bandwidth`	`double`	`0.020`	(Upper-Lower)/Mid (H4); tune per feed
`Require_BB_Expansion`	`bool`	`true`	bandwidth rising vs previous bar
`UseFixedLots`	`bool`	`false`
`FixedLots`	`double`	`0.10`
`RiskPercent`	`double`	`1.0`	start low; increase only after proof
`SL_ATR_Mult`	`double`	`1.5`	initial SL distance
`UsePartial`	`bool`	`true`
`Partial_R`	`double`	`1.5`	take partial at +1.5R
`PartialClosePercent`	`double`	`50.0`	close % of position
`BE_Buffer_Points`	`int`	`120`	BE buffer (points) to cover spread
`UseATRTrailing`	`bool`	`true`
`Trail_ATR_Mult`	`double`	`1.0`	trailing distance
`Trail_Start_R`	`double`	`0.7`	start trailing after +0.7R
`Trail_MinStep_Points`	`int`	`120`	min SL improve (points) to modify
`UseTimeStop`	`bool`	`true`
`MaxHoldBars`	`int`	`10`	H4 bars to hold before time-exit
`TimeStop_MinProfit_R`	`double`	`0.3`	if profit < 0.3R after MaxHoldBars => close
`SlippagePoints`	`int`	`30`
`MaxSpreadPoints`	`int`	`25000`	XRP spreads can be huge on some CFDs
`MaxOpenTradesPerSymbol`	`int`	`1`
`DebugLogs`	`bool`	`false`

How to install it

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