Trading robot · MT5

Kronos

by PlacidoMaidana

Kronos is an automated trading robot for MetaTrader 5 designed to trade price range corrections using Fibonacci retracement levels.

GitHub stars2
Forks0
Last update4 years ago25 May 2022
LicenceNone stated

Overview

The system identifies specific price ranges over a set number of candles and enters positions based on retracement signals. It incorporates several risk management tools, including stop loss and take profit settings, a trailing stop, and a break-even module. Position sizing is flexible, offering fixed lots or percentage-based risk calculated from account balance or equity. A built-in time filter allows users to restrict activity to specific market hours.

Details

Author

PlacidoMaidana on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Mean reversion

Markets

Forex

Timeframes

M15-H1, H4 and above

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 kronos.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
Parametrosstring---------- Parámetros ----------_1
Numero_Magicoint100Número Mágico
Max_Spreadint3Máximo Spread Permitido
Maximo_Slippageint2Máximo Slippage Permitido
Numero_Velas_Rangoint6Número Velas Rango
Distancia_Minima_Rangoint500Distancia Mínima Rango
Correccion_Rango_Compraint300Corrección Rango Compra
Correccion_Rango_Ventaint300Corrección Rango Venta
Limite_Ultima_Velaint750Limite Ultima Vela
Gestion_Monetariastring---------- Gestión Monetaria ----------_2
Tipo_Gestiontype_0Tipo de Gestión
Lote_FIjodouble0.04Lotaje Fijo 1
Show all 28 inputs
NameTypeDefaultDescription
Equitydouble1Riesgo porcentual por Equity Lotaje %
Balancedouble1Riesgo porcentual por Balance Lotaje %
Gestion_Riesgostring---------- Gestión del Riesgo ----------_3
TakeProfitint140Take Profit
Distancia_Maxima_StopLossint750Distancia Máxima StopLoss
Activacion_Trailing_Pipsint5Activación Trailing
Distancia_Trailing_Stopint10Distancia Trailing
Break_Evenint0Break Even
Horario_Tradingstring---------- Horario de Trading ----------_4
hor_boolsino0Usa el tiempo de trabajo
hour_startint8Hora de activación
minute_startint0Minutos de activación
hour_endint15Hora de desactivación
minute_endint0Minutos de desactivación
hour_closeint18Hora de cierre
minu_closeint00Minutos de cierre

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone PlacidoMaidana/Kronos from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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