EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT5
Introduction MQL5 Book EA
This MetaTrader 5 expert advisor serves as an educational example from a book on MQL5 programming.
GitHub stars52
Forks38
Last update6 years ago23 Mar 2020
LicenceNone stated
Overview
Introduction MQL5 Book EA implements a versatile trading system that can be configured to use moving average crossovers, Relative Strength Index levels, or both indicators combined for trade entries. The EA manages risk with user-defined stop loss and take profit levels and uses fixed lot sizing. A notable feature is the inclusion of a daily time-based exit, which automatically closes open positions at a specified hour. It is designed for users learning automated strategy development.
- Selectable strategy entry modes
- Moving average crossover logic
- RSI overbought and oversold level signals
- Automatic daily position closing time
- Configurable stop loss and take profit
Details
Author
rafaelfvcs on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover, 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
Input parameters
Read from MA_CROS_RSI.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
s0 | string | — | Strategy |
strategy | STRATEGY_IN | ONLY_MA | Trader Entry Strategy |
s1 | string | — | Moving Averages |
ma_fast_period | int | 12 | Fast Moving Average Period |
ma_slow_period | int | 32 | Slow Moving Average Period |
ma_time_graphic | ENUM_TIMEFRAMES | PERIOD_CURRENT | Graphic Time |
ma_method | ENUM_MA_METHOD | MODE_EMA | Method |
ma_price | ENUM_APPLIED_PRICE | PRICE_CLOSE | Price Applied |
s2 | string | — | RSI |
rsi_period | int | 5 | RSI Period |
rsi_time_graphic | ENUM_TIMEFRAMES | PERIOD_CURRENT | Graphic Time |
rsi_price | ENUM_APPLIED_PRICE | PRICE_CLOSE | Price Applied |
Show all 20 inputs
| Name | Type | Default | Description |
|---|---|---|---|
rsi_overbought | int | 70 | Level Overbought |
rsi_oversold | int | 30 | Level Oversold |
s3 | string | — | |
num_lots | int | 100 | Number of lots |
TK | double | 60 | Take Profit |
SL | double | 30 | Stop Loss |
s4 | string | — | |
limit_close_op | string | 17:40 | Time Limit Close Position |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone rafaelfvcs/Introduction-to-MetaTrader5-and-MQL5---book 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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