EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
MEAS
MEAS is a scalping robot for MetaTrader 5 that implements a martingale strategy for financial markets.
High risk
GitHub stars1
Forks0
Last update11 years ago13 Mar 2015
LicenceGPL-2.0
Overview
The expert advisor captures small price movements while managing positions through adjustable stop loss and take profit levels. It provides options for either fixed lot sizes or incremental lot increases based on account balance milestones. Additionally, the software includes a trend filtering parameter to align entries with market direction. The documentation and provided source code are minimal, focusing primarily on the core lot management and risk parameters.
- Martingale lot scaling logic
- Trend filtering capabilities
- Adjustable stop loss and take profit
- Incremental lot sizing based on balance
Details
Author
elijunior01 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Scalping, Martingale, Trend following
Markets
Any symbol
Timeframes
M1-M5
Risk profile
- Uses martingale lot scaling: losses can grow fast
EA files
Input parameters
Read from MEAS.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
stopLoss | int | 15 | |
takeProfit | int | 30 | |
lote | double | 0.01 | |
loteFixo | bool | true | |
loteIncremento | double | 0.01 | |
saldoIncremento | int | 100 | |
filtrarTendencia | bool | true |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone elijunior01/MEAS 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, and any .mqh files into the Include folder the code expects.
- 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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