This collection of MetaTrader 4 expert advisors focuses on technical analysis strategies such as moving average crossovers and chart patterns. The primary EA utilizes dual moving averages alongside fractal detection to identify entry points based on price momentum. It incorporates risk management tools including hard s
Collection · MT4
Learning MQL4 EA Collection
This repository contains a collection of MetaTrader 4 expert advisors designed for educational purposes.
GitHub stars4
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Last update3 years ago11 Jan 2023
LicenceNone stated
Overview
The primary strategy, named Belinda, executes trades based on moving average crossovers using a 10-period and 40-period SMA, filtered by volatility via the Average True Range indicator. The collection features several other scripts, including one-minute scalpers and simple trend-following tools. Risk management is generally handled through fixed lot sizes, hard stop losses, and trailing stops. The repository serves as a learning resource for developing basic automated trading logic on the MT4 platform.
- SMA crossover entry and exit logic
- ATR based volatility filter
- Trailing stop and hard stop loss
- Multiple scalping and trend variants
Details
Author
carlobisda on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover, Scalping, Trend following
Markets
Forex
Timeframes
M1-M5, M15-H1
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
- black-algo-course/belinda-test/belinda-v100.mq4
- black-algo-course/belinda-test/belinda-beta.mq4
- simple-swing-sma.mq4
- kristinaforex-easy1mScalper/easy1mScalper.mq4
- z-1m-bar-scalper/z1mBarScalpv0.0.2.mq4
- z-1m-bar-scalper/z1mBarScalpv0.0.0.mq4
- z-1m-bar-scalper/z1mBarScalpv0.0.1.mq4
- 100EMA/1min-100EMA-scalper [ALPHA].mq4
- toolbox/sellScript.mq4
- toolbox/buyScript.mq4
About 14 expert advisors in this repository. See them all on GitHub.
Topics
fintech-botsmql4mt4-proprietyforexforex-tradingforex-dataforex-analysisexpert-advisors
Input parameters
Read from belinda-v100.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
MagicNumber | int | 12345 | |
SignalMail | bool | False | |
Lots | double | 1.0 | |
Slippage | int | 3 | |
UseStopLoss | bool | True | |
StopLoss | int | 30 | |
UseTakeProfit | bool | False | |
TakeProfit | int | 0 | |
UseTrailingStop | bool | True | |
TrailingStop | int | 30 | |
sma_short | int | 10 | |
sma_long | int | 40 |
Show all 14 inputs
| Name | Type | Default | Description |
|---|---|---|---|
atr_period | int | 20 | |
atr_shift | int | 11 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone carlobisda/learning-mql4 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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