Junbari MT4: Free MT4 Expert Advisor

Overview

The system monitors the highest highs and lowest lows over a specific lookback period to determine market direction. It enters positions when the current price breaks a historical level and meets a minimum movement distance requirement. Users can configure independent settings for buy and sell orders, including specific take profit and stop loss distances. The robot utilizes fixed lot sizing and requires a secondary library file to handle order execution. The documentation is minimal and provided in Japanese.

Trend-following breakout entry logic

Independent buy and sell configurations

Fixed lot risk management

Customizable stop loss and take profit levels

Details

Author

fujishuu on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Breakout

Markets

Forex

Timeframes

Any timeframe

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

junbari.mq4

Source

github.com/fujishuu/MT4_Public

Input parameters

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

Name	Type	Default
`MAGIC1`	`int`	`201508231`
`MAGIC2`	`int`	`201508232`
`Slippage`	`int`	`3`
`Lots`	`double`	`0.01`
`Buy_on`	`bool`	`true`
`MoveBuy`	`int`	`1300`
`PeriodBuy`	`int`	`40`
`TL_Buy`	`int`	`1200`
`eq_SL_TP_Buy`	`bool`	`false`
`TP_Buy`	`int`	`1000`
`Sell_on`	`bool`	`true`
`MoveSell`	`int`	`1400`

Show all 16 inputs

Name	Type	Default
`PeriodSell`	`int`	`30`
`TL_Sell`	`int`	`700`
`eq_SL_TP_Sell`	`bool`	`false`
`TP_Sell`	`int`	`1200`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone fujishuu/MT4_Public 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, 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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