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EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT5
LinearFX Trader
LinearFX Trader is an automated expert advisor for MetaTrader 5 that utilizes mathematical linear regression to identify trading opportunities.
GitHub stars2
Forks0
Last update1 year ago12 Feb 2025
LicenceNone stated
Overview
The robot analyzes historical price data over a configurable lookback period to determine market direction. It includes essential risk management features such as fixed lot sizing, hard stop loss, and take profit targets defined in points. The EA is designed to process signals at the start of a new bar and manages one position at a time. The documentation recommends testing on demo accounts due to the mathematical nature of the strategy.
- Linear regression predictive analysis
- Automated stop loss and take profit management
- Customizable lookback period for calculations
- New bar execution filter
- Fixed lot size risk control
Details
Author
Carloncho0528 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Mean reversion
Markets
Forex
Timeframes
Any timeframe
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 LinearFX Trader.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLookbackPeriod | int | 50 | Lookback period for linear regression |
InpLotSize | double | 0.1 | Lot size |
InpStopLoss | int | 200 | Stop loss in points |
InpTakeProfit | int | 400 | Take profit in points |
InpMagicNumber | int | 123456 | Magic number for trades |
InpSlippage | int | 3 | Maximum allowed slippage in points |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Carloncho0528/LinearFX-Trader 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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