Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot · MT5
Keltner Momentum Channel Tracker
This MetaTrader 5 expert advisor is a momentum-based scalping robot designed for trading on the M1 timeframe, with a primary focus on XAUUSD.
GitHub stars1
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Last update1 year ago25 Apr 2025
LicenceNone stated
Overview
Keltner Momentum Channel Tracker enters trades based on Keltner Channel breakouts and filters entries using a dual Moving Average trend-following system. The EA features comprehensive risk controls, including Chandelier Exits for trailing stops, lot sizing based on a percentage of capital, and a drawdown circuit breaker. It also implements time-of-day restrictions and a capital limit mechanism for account protection.
- Keltner Channel momentum breakouts
- Fast and slow moving average trend filter
- Chandelier Exit trailing stop mechanism
- Drawdown circuit breaker and capital limits
- Time-restricted trading windows
Details
Author
9-state on GitHub
Type
Trading robot
Platform
Strategy
Markets
Timeframes
M1-M5
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 KC.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
KC_PERIOD | int | 20 | 凯尔特纳通道周期 |
ActivateTrend | bool | true | 开启趋势过滤 |
FastMA_Period | int | 5 | 短线MA周期 |
SlowMA_Period | int | 10 | 长线MA周期 |
MAGIC_NUMBER | int | 200055 | EA魔术码 |
MAX_POSITION_PCT | double | 0.05 | 最大仓位比例 |
TradingStartHour | int | 5 | 开始交易小时(GMT) |
TradingEndHour | int | 20 | 结束交易小时(GMT) |
TestCapital | double | 100000 | 试验资金额度(USD) |
EnableCapitalLimit | bool | true | 启用资金限制 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone 9-state/Keltner-Momentum-Channel-Tracker 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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