Trading robot · MT4

Liquidity EA

by badim04

This MetaTrader 4 expert advisor automates trading based on liquidity and market structure concepts.

High risk

GitHub stars1
Forks0
Last update2 years ago24 Feb 2024
LicenceNone stated

Overview

Liquidity EA identifies price action landmarks like higher highs, higher lows, lower lows, and lower highs to determine current trend or ranging states. The robot executes trades with distinct stop loss and take profit settings for trending versus ranging environments. Risk management is handled through fixed exit levels and a lot scaling mechanism that increases trade size based on a lot step parameter. While the documentation is minimal, the code suggests a strategy centered on price extremes and trend follow-through.

Details

Author

badim04 on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

SMC / ICT / price action, Mean reversion, Martingale

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

  • Uses martingale lot scaling: losses can grow fast

Input parameters

Read from liquity 2 ea.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
LiquidityValidityint7Liquidity validity
HHLLColorcolorclrDodgerBlueColor for HH and HL points
LLHIColorcolorclrOrangeColor for LL and LH points
Consecutivelossint2
Delay_Barint4
InpDelayBarsint4
RangingStopLossdouble40.0
RangingTakeProfitdouble45.0
TrendingStopLossdouble40.0
TrendingTakeProfitdouble50.0
Lot_Stepdouble2
Base_Lotsdouble0.01
Show all 14 inputs
NameTypeDefaultDescription
TradeCommentstringRL
TheMagicNumberint38467

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone badim04/Liquidity-EA-MQL4 from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 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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