Inside Day MT5: Free MT5 Expert Advisor

Overview

Developed primarily for the EUR/USD pair on the daily timeframe, the robot identifies instances where a trading day price range is entirely contained within the previous day range. It executes trades using fixed lot sizing and provides configurable risk controls, including optional stop loss and take profit levels. The system can also automatically exit trades if the specific technical conditions are no longer met. Documentation is limited to code comments.

Inside Day price action pattern detection

Configurable fixed lot sizing

Optional stop loss and take profit protection

Automated exit on signal loss condition

Details

Author

Da-Xiong-Chen on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Breakout

Markets

Forex

Timeframes

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

insideday.mq5

Source

github.com/Da-Xiong-Chen/insidedayMT5-code

Input parameters

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

Name	Type	Default	Description
`InpLotSize`	`double`	`0.02`	需求：預設為 0.02 手數
`InpCloseNoSignal`	`bool`	`true`	若不符合 Inside Day 條件時，是否關閉倉位
`InpTimeframe`	`int`	`PERIOD_D1`	預設使用日線，您可在測試器裡改
`InpUseStopLoss`	`bool`	`true`	是否啟用停損
`InpUseTakeProfit`	`bool`	`true`	是否啟用停利

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Da-Xiong-Chen/insidedayMT5-code 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.

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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