Mansour Bot: Free MT4 Expert Advisor

Overview

The logic incorporates Average Directional Index analysis across multiple timeframes, alongside Ichimoku and Stochastic oscillators. Users can configure lot sizing, take profit, and stop loss levels, though the default stop loss is set to zero. The system includes functions for trade doubling and volume management. The repository contains several experimental versions, reflecting a development process focused on multi-indicator signal processing and trade step adjustments.

Multi-timeframe ADX signal processing

Adjustable trade step and limit parameters

Support for Stochastic and Ichimoku logic

Magic number order tracking

Configurable lot sizing and take profit

Details

Author

MShokry on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover, Multi-strategy, Martingale

Markets

Forex

Timeframes

M15-H1

Risk profile

Uses martingale lot scaling: losses can grow fast
Trades without a fixed stop loss

EA files

Topics

mql4experttrading-bot

Source

github.com/MShokry/Mansour_Bot_MQL4

Input parameters

Read from MansourV2.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`PS_Ex0`	`string`	`>> Lot Size TP SL`
`LotSize`	`double`	`0.01`
`StopLoss`	`double`	`0`
`TakeProfit`	`double`	`50`
`PS_Ex1`	`string`	`>> Timing and Graph`
`shift`	`int`	`1`
`MagicNumber`	`int`	`224455`
`PS_Ex2`	`string`	`>> Entry strategy`
`TradeStep`	`double`	`0.002`
`TradeMax`	`double`	`0.2`
`PS_Ex3`	`string`	`>> Exit strategy`
`StopStep`	`double`	`0.004`

Show all 13 inputs

Name	Type	Default	Description
`StopMax`	`double`	`0.4`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone MShokry/Mansour_Bot_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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