Linear Regression Trading Bot: Free MT5 Expert Advisor

Overview

Linear Regression Trading Bot calculates entries using specific coefficients for an intercept and five independent variables, which include volatility, relative strength index, and average directional index data. The bot supports intraday operations with configurable start and end times, alongside a day trade mode for closing positions before market close. Risk is managed through a fixed volume and a manual stop loss setting. The repository contains multiple versions focusing on cointegration and residues, though the documentation is minimal.

Statistical linear regression entry logic

Customizable model coefficients for variables

Time-based session filters for intraday trading

Support for RSI and ADX technical indicators

Details

Author

nickmaglowsch on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

AI / machine learning, Mean reversion

Markets

Indices, Forex

Timeframes

M15-H1

Risk profile

Trades without a fixed stop loss

EA files

Source

github.com/nickmaglowsch/mt5-bot-linear-regression

Input parameters

Read from modelo rsi.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`Magic`	`ulong`	`133713131`	Número mágico
`Volume`	`int`	`1`	Volume
`sl`	`double`	`0.0`	stoploss
`longBias`	`bool`	`false`
`dayTrade`	`bool`	`false`	Apenas Operações de daytrade?
`inicio`	`string`	`17:00`	Horário de Início de scan (entradas)
`termino`	`string`	`17:00`	Horário de Término
`fecharDayTrade`	`string`	`17:45`	Horário de Término
`intercep`	`double`	`0.000306542`	intercep 0.014136315711545317
`x1`	`double`	`3.79E-02`	x1 vol_pct
`x2`	`double`	`-4.48E-02`	x2 BVSP_shift
`x3`	`double`	`2.18E-04`	x3 alta_baixa

Show all 14 inputs

Name	Type	Default	Description
`x4`	`double`	`-2.10E-05`	x4 std_rsi
`x5`	`double`	`2.10E-05`	x5 adx

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone nickmaglowsch/mt5-bot-linear-regression 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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