EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT5
Master Trader MT5
Master Trader is an automated expert advisor for MetaTrader 5 that utilizes a multi-strategy engine based on UT Bot, Donchian Channels, and candlestick patterns.
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Last update3 months ago12 Jun 2026
LicenceNone stated
Overview
Master Trader MT5 analyzes market conditions across several timeframes, including M3, M5, and M15, to identify trend reversals and wick rejections. The EA features advanced risk management tools such as equity-percentage lot sizing, maximum daily trade limits, and automatic pauses after consecutive losses. It includes built-in trade management for breakeven and trailing stops. Unique CSV integration allows for external control and status monitoring during live trading.
- Multi-timeframe signal processing
- External CSV control interface
- Shooting star pattern detection
- Equity percentage risk management
- Automatic breakeven and trailing stops
Details
Author
rohanjq on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Mean reversion, Multi-strategy
Markets
Gold
Timeframes
M1-M5, M15-H1
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
Input parameters
Read from MasterTrader.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
INP_RiskPct | double | 3.0 | Risk % of equity per trade |
INP_GlobalSL | double | 7.5 | Default SL (dollars) if strategy SL=0 |
INP_GlobalRR | double | 1.0 | Default reward:risk if strategy RR=0 |
INP_Magic | int | 300 | Magic number |
INP_MultiPosition | bool | false | Allow multiple positions |
INP_MaxPositions | int | 1 | Max simultaneous positions |
INP_MaxDailyTrades | int | 15 | Max trades per day |
INP_CooldownSec | int | 300 | Cooldown between trades (sec) |
INP_ReversalCooldown | int | 300 | Reversal cooldown (sec) |
INP_MaxConsecLoss | int | 3 | Pause after N consec losses (0=off) |
INP_ConsecLossPause | int | 1800 | Pause per consec loss (sec) |
INP_Slippage | int | 20 | Max slippage (points) |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
INP_BreakevenStart | double | 0.0 | Move SL to entry after $X profit (0=off) |
INP_TrailStart | double | 0.0 | Start trailing after $X profit (0=off) |
INP_TrailStep | double | 2.0 | Trail distance (dollars) |
INP_UTBot_Period | int | 10 | UT Bot ATR period |
INP_UTBot_Mult | double | 2.0 | UT Bot ATR multiplier |
INP_DC_Length | int | 20 | Donchian Channel length |
INP_UseControlFile | bool | false | Read ea_control.csv |
INP_WriteStatusFile | bool | false | Write ea_status.csv |
INP_ControlPollSec | int | 5 | Poll interval (sec) |
S01_On | bool | true | |
S01_SL | double | 5.0 | |
S01_RR | double | 1.0 | |
S01_Buy | string | dc_M15.lower_wick_rej==TRUE|utbot_M3.bias==BULLISH | |
S01_Sell | string | dc_M15.upper_wick_rej==TRUE|utbot_M3.bias==BEARISH | |
S02_On | bool | true | |
S02_SL | double | 7.5 | |
S02_RR | double | 1.0 | |
S02_Buy | string | | |
S02_Sell | string | utbot_M2.signal==SELL|ema50_M5.price_vs==BELOW|utbot_M5.bull | |
S03_On | bool | true | |
S03_SL | double | 7.5 | |
S03_RR | double | 1.0 | |
S03_Buy | string | | |
S03_Sell | string | utbot_M2.signal==SELL|utbot_M15.bias==BEARISH|utbot_M5.bulli | |
S04_On | bool | true | |
S04_SL | double | 7.5 | |
S04_RR | double | 1.0 | |
S04_Buy | string | |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone rohanjq/mt5-ea from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 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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