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This repository contains a diverse collection of MetaTrader 4 expert advisors and R-based financial scripts. The primary robot is based on the Nanningbob trading system, which utilizes multi-timeframe analysis across daily and four-hour charts to identify trends and ranging markets. It employs Bollinger Bands for mean-
Collection ยท MT4
Major Currency Correlation Bot
This MetaTrader 4 expert advisor implements a correlation-based trading strategy focused on the seven major currency groups.
GitHub stars1
Forks0
Last update4 years ago6 Mar 2022
LicenceNone stated
Overview
Major Currency Correlation Bot utilizes the Auto Trend Forecaster custom indicator to identify market trends across multiple currency pairs simultaneously. The system monitors the aggregate profit and loss of specific currency baskets, such as all EUR or USD pairs, and executes trades when a specific number of pairs align in direction. Risk management includes fixed take profit and stop loss settings, alongside a protective guard based on account balance percentages.
- Multi-pair correlation trend analysis
- Basket-wide profit and loss tracking
- Automated trend forecasting integration
- Balance percentage-based risk protection
- Individual modules for major currency groups
Details
Author
Ahmed-Hassan1 on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Multi-strategy
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
- TPandSL pips.mq4
- Reverse Guard.mq4
- Flag EA.mq4
- Main EA AUD.mq4
- Main EA CAD.mq4
- Main EA GBP.mq4
- Main EA USD.mq4
- Main EA NZD.mq4
- Main EA CHF.mq4
- Main EA EUR.mq4
About 11 expert advisors in this repository. See them all on GitHub.
Input parameters
Read from TPandSL pips.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TP | double | 500 | |
SL | double | 500 | |
keet | double | 100 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Ahmed-Hassan1/mql4-trading-bot 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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