This collection for MetaTrader 5 provides several automated Expert Advisors designed for various symbols including forex, gold, and indices. The repository features Mecha Godzilla, a grid trading system using ATR-based spacing and bidirectional orders, alongside specialized bots for Asian session breakouts and H4 trend
Collection · MT5
Ighodalo MT5 Strategy Collection
This repository contains an extensive library of MetaTrader 5 expert advisors covering various algorithmic trading methodologies.
High risk
GitHub stars6
Forks2
Last update3 months ago28 Jul 2026
LicenceCustom licence
Overview
The collection includes strategies based on Bollinger Bands, Relative Strength Index, moving average ribbons, and swing failure patterns. A core focus is the Ighodalo series for gold and CFDs, which utilizes candle range theory and break-and-retest logic. Risk management settings across the files include ATR-based volatility stops, daily drawdown protections, and session-specific trading hours. Some versions employ aggressive risk models such as martingale lot scaling and grid-based dollar-cost averaging.
- Multi-timeframe point of interest filters
- ATR-based dynamic stop loss multipliers
- Daily and global account drawdown protection
- Session management for London and New York sessions
- Partial take profit and breakeven adjustment logic
Details
Author
Desmath3 on GitHub
Type
Collection
Platform
Strategy
Timeframes
Any timeframe
Risk Profile
- Uses martingale lot scaling: losses can grow fast
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
EA Files
- Saro-Trades/Saro Trades V7 G.mq5
- Saro-Trades/Saro Trades V5.mq5
- Ighodalo-Gold-Milker/Ighodalo Gold Milker V7.mq5
- Saro-Trades/Saro Trades V4.mq5
- Limitless-EA-BB/Limitless EA BB V3.mq5
- Limitless-EA-BB/Limitless EA BB V2.mq5
- Ighodalo-Gold-CRT/Ighodalo Gold CRT.mq5
- Belema-SFP/Belema SFP v5.mq5
- Ighodalo-Gold-CRT/Ighodalo Gold CRT V2.mq5
- Consolidation-Range-ADX/Hybrid/Alex DIAD - Ebuka Range Breakout - Hedge.mq5
About 121 expert advisors in this repository. See them all on GitHub.
Topics
algorithmic-tradingexpert-advisorforex-trading-botmetatrader5mql5trading-strategies
Input Parameters
Read from Saro Trades V7 G.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
EA_MagicNumber | long | 123456 | |
Slippage | int | 3 | |
EnableHedge | bool | true | |
TradeDirection | ENUM_TRADE_DIRECTION | TradeBoth | |
MaxTotalRiskPct | double | 10.0 | |
AtrPeriod | int | 14 | |
AtrSlMultiplier | double | 4.0 | |
MaxDailyDrawdownPct | double | 1.9 | |
MaxGlobalDrawdownPct | double | 20.0 | |
ProfitTargetRR | double | 20.0 | |
FlipFallbackCandles | int | 60 | |
FlipFallbackReward | double | 5.0 | RR multiplier for fallback TP |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
MaxMarginUsagePct | double | 60.0 | Max % of equity allowed in margin for NEW orders |
StartBalance | double | 50000.0 | |
TargetBalance | double | 55000.0 | |
EnableTargetBalance | bool | true | |
EnableDynamicRisk | bool | true | |
EnablePartialTP | bool | false | |
PartialTP_RR | double | 2.0 | |
PartialTP_Percent | double | 50.0 | |
SequenceBE_StartR | double | 2.0 | |
BreakevenOffsetR | double | 0.0 | offset in R (risk units) for breakeven SL |
TradeExpiryCandles | int | 60 | bars after first fill before BE can be armed by time |
EnablePeakDrawdownExit | bool | true | |
PeakDrawdownStartR | double | 2.0 | |
PeakProfitDrawdownPercent | double | 30.0 | |
EnableDiscountPremium | bool | true | |
FilterTimeframe | ENUM_TIMEFRAMES | PERIOD_M15 | |
LookbackPeriod | int | 50 | |
ZonePercentage | double | 20.0 | |
NoTradeStartHour | int | 23 | |
NoTradeStartMin | int | 30 | |
NoTradeEndHour | int | 0 | |
NoTradeEndMin | int | 30 | |
CooldownH4Candles | int | 1 | |
TradeNewYork | bool | true | |
TradeLondon | bool | true | |
TradeTokyo | bool | true | |
TradeSydney | bool | true | |
EnableSupportResistance | bool | true |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone Desmath3/MT5-EA-Project 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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