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
Mean Reversion Gap EA
This MetaTrader 5 expert advisor implements a mean reversion strategy that identifies price gaps between fast and slow moving averages.
GitHub stars1
Forks1
Last update1 year ago30 Jun 2025
LicenceMIT
Overview
Mean Reversion Gap EA utilizes an ATR-based volatility filter to enter trades during low volatility periods and confirms entries with RSI momentum patterns. The system manages risk using fixed dollar amounts per trade, ATR-derived stop losses, and dynamic trailing stops. Specifically designed for prop firm compliance, it includes daily loss limits, maximum drawdown protection, and a session timer to control trading hours across twelve different instruments.
- Multi-symbol trading for forex, crypto, indices, and metals
- ATR-based volatility and RSI momentum confirmation filters
- Fixed dollar risk management with dynamic position sizing
- Configurable daily loss limits and profit targets
- Automated trade logging to CSV files
Details
Author
Xtley001 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Mean reversion, Multi-strategy
Markets
Forex, Gold, Crypto, Indices, Oil & commodities
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 Mean Reversion Prop Firm EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
RiskPerTrade | double | 50 | Fixed $ risk per trade |
RiskRewardRatio | double | 5 | Risk/Reward ratio |
StopLossATRFactor | double | 1.5 | SL ATR Multiplier |
TrailingStopATRFactor | double | 1.0 | Trailing SL ATR Multiplier |
OrderExpirationBars | int | 5 | Bars until limit order expires |
MinLotSize | double | 0.01 | Minimum lot size |
MaxLotSize | double | 1.0 | Maximum lot size |
MinMaGap | double | 0.6 | Min MA Gap (%) |
Ma1Period | int | 360 | Fast MA Period |
Ma2Period | int | 20 | Slow MA Period |
Atr1Period | int | 10 | Fast ATR Period |
Atr2Period | int | 20 | Slow ATR Period |
Show all 30 inputs
| Name | Type | Default | Description |
|---|---|---|---|
RsiPeriod | int | 20 | RSI Period |
EnableBuy | bool | true | Enable Buy Trades |
EnableSell | bool | true | Enable Sell Trades |
MaxTradesPerSymbolTF | int | 1 | Max trades per symbol/timeframe |
MaxGlobalTrades | int | 15 | Max simultaneous trades |
MinBarsBetweenTrades | int | 5 | Min bars between trades |
LimitOrderDistance | double | 2.0 | Pips from market for limit orders |
EnableSession | bool | true | Enable Trading Session |
SundayOpen | int | 22 | Sunday Open Hour (22:15) |
SundayOpenMin | int | 15 | Sunday Open Minute |
DailyClose | int | 21 | Daily Close Hour (21:45) |
DailyCloseMin | int | 45 | Daily Close Minute |
DailyMaxLoss | double | 500 | Max daily loss ($) |
DailyProfitTarget | double | 1000 | Daily profit target ($) |
MaxDrawdownPercent | double | 5.0 | Max account drawdown (%) |
MaxSpreadMultiplier | double | 3.0 | Max spread multiplier |
EnableTradeJournal | bool | true | Enable trade logging |
JournalFileName | string | TradeJournal.csv | Journal filename |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Xtley001/Mean-Reversion-Gap-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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