The library includes various automated strategies such as divergence detection using RSI and MACD, moving average crossovers, and zone recovery systems. It features a mix of trading robots, indicator-based alerts, and utility tools like a three-dimensional correlation matrix. Risk management features vary significantly between the files, with options for virtual stop losses, spread filters, and lot scaling. The lack of documentation suggests users must review each source file individually to understand specific execution parameters.
Read from Divergence EA BB.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
multi
double
4.0
MagicStart
int
9724
Magic Number, kind of...
inp3_fastEMA
int
12
inp3_slowEMA
int
26
inp3_signalSMA
int
9
inp3_macdThreshold
double
0.0003
inp3_Period
ENUM_TIMEFRAMES
NULL
inp4_fastEMA
int
12
inp4_slowEMA
int
26
inp4_signalSMA
int
9
inp4_macdThreshold
double
0.0003
inp4_Period
ENUM_TIMEFRAMES
NULL
Show all 40 inputs
Name
Type
Default
Description
inp5_Lo_Kperiod
int
50
inp5_Lo_Dperiod
int
9
inp5_Lo_Slowing
int
20
inp5_Lo_Mode
int
0
inp5_Lo_Period
ENUM_TIMEFRAMES
NULL
inp5_Ro_Kperiod
int
50
inp5_Ro_Dperiod
int
9
inp5_Ro_Slowing
int
20
inp5_Ro_Mode
int
1
inp5_Ro_Period
ENUM_TIMEFRAMES
NULL
inp6_Lo_Kperiod
int
50
inp6_Lo_Dperiod
int
9
inp6_Lo_Slowing
int
20
inp6_Lo_Mode
int
0
inp6_Lo_Period
ENUM_TIMEFRAMES
NULL
inp6_Ro_Kperiod
int
50
inp6_Ro_Dperiod
int
9
inp6_Ro_Slowing
int
20
inp6_Ro_Mode
int
1
inp6_Ro_Period
ENUM_TIMEFRAMES
NULL
inp9_Indicator_Kperiod
int
50
inp9_Indicator_Dperiod
int
9
inp9_Indicator_Slowing
int
20
inp9_Indicator_Period
ENUM_TIMEFRAMES
NULL
inp9_CandlesShift
int
1
inp9_CandlesPeriod
int
1
inp9_ExceptionCandles
int
0
inp9_UpperLevel
double
30.0
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone Kiggundug1/MQ5-EXPERT-ADVISORS 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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