Indicator Tester EA currently implements a trend-following system based on Supertrend signals, which utilize volatility-driven calculations for entries. The robot executes logic exclusively at the opening of each new bar to ensure calculation stability and prevent repainting issues. Risk management features include fixed lot sizing and customizable stop loss and take profit levels defined in pips. It is built using an object-oriented architecture intended for expanding with additional indicator modules.
Read from Indicator_Tester_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpSignalType
ENUM_SIGNAL_TYPE
SIGNAL_SUPERTREND
InpMagicNumber
ulong
12345
InpLotSize
double
0.01
InpStopLossPips
int
200
InpTakeProfitPips
int
600
InpSupertrendPeriod
int
10
InpSupertrendMultiplier
double
3.0
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone softwaredevelop/mql5 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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