This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take
Collection · MT4
MACD and Moving Average EA Collection
A collection of MetaTrader 4 expert advisors centered around trend-following strategies using standard technical indicators.
GitHub stars1
Forks0
Last update8 years ago17 Jun 2018
LicenceNone stated
Overview
The primary logic utilizes MACD signal line crossovers filtered by moving average trends to identify entry points. Risk management is handled through fixed lot sizing, predefined take profit levels, and an automated trailing stop mechanism. The repository contains several variations of these strategies, including a combined MACD and moving average crossover filter. The documentation is minimal, consisting primarily of standard example code and basic logic implementations.
- MACD signal line crossover entries
- Exponential moving average trend filter
- Built-in trailing stop management
- Adjustable take profit levels
Details
Author
hieplehoang on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover, Trend following
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Trades without a fixed stop loss
EA files
Input parameters
Read from MACD Sample.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TakeProfit | double | 50 | |
Lots | double | 0.1 | |
TrailingStop | double | 30 | |
MACDOpenLevel | double | 3 | |
MACDCloseLevel | double | 2 | |
MATrendPeriod | int | 26 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone hieplehoang/ea 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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