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.
Read from liquity 2 ea.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
LiquidityValidity
int
7
Liquidity validity
HHLLColor
color
clrDodgerBlue
Color for HH and HL points
LLHIColor
color
clrOrange
Color for LL and LH points
Consecutiveloss
int
2
Delay_Bar
int
4
InpDelayBars
int
4
RangingStopLoss
double
40.0
RangingTakeProfit
double
45.0
TrendingStopLoss
double
40.0
TrendingTakeProfit
double
50.0
Lot_Step
double
2
Base_Lots
double
0.01
Show all 14 inputs
Name
Type
Default
Description
TradeComment
string
RL
TheMagicNumber
int
38467
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone badim04/Liquidity-EA-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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