Notable components include breakout logic based on Monday high and low prices, exponential moving average crossovers, and high-water mark tracking. Risk management is handled through various lot sizing methods including fixed lots, money management ratios, and equity-based adjustments. The files include parameters for stop loss and take profit offsets in pips. While the repository lacks a README, the code provides specialized logic for time zone offsets and hedging across several different strategy files.
Read from HL_Line_Order.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
Magic_Number
int
1
Flat_Lot
bool
False
Flat_Lot_Rate
double
0.01
MM_Lot
bool
False
MM_Rate
double
100000
Auto_Lot
bool
True
Auto_Lot_Adjust_Times
double
1.0
Candle_Stick_Period
int
14
Base_Period_Friday_Hour_Shift
int
1
JST_OffSet
int
6
Divided_By_Width_To_Launch
double
3.0
TP_Width_To_Launch_Times
double
2.0
Show all 18 inputs
Name
Type
Default
Description
Buy_Entry_Adjust_Pips
double
1.5
Buy_SL_Adjust_Pips
double
1.0
Buy_TP_Adjust_Pips
double
1.0
Sell_Entry_Adjust_Pips
double
1.0
Sell_SL_Adjust_Pips
double
1.0
Sell_TP_Adjust_Pips
double
1.0
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone KotaroHashimoto/kou1122 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.
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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