Falcon A is a MetaTrader 4 robot that utilizes a k-Nearest Neighbors (kNN) classification algorithm for pattern-based trading. It follows a model-based approach where the user must first generate historical data files through a training simulation in the Strategy Tester. The system calculates entry probabilities using
Trading robot · MT4
MetaTrader Predictor
MetaTrader Predictor is an expert advisor for MetaTrader 4 designed to interface with an external web service for market analysis and trade execution.
GitHub stars3
Forks3
Last update2 years ago7 Feb 2024
LicenceNone stated
Overview
The EA functions as a data bridge, using WebRequest to transmit candle data including Open, High, Low, and Close prices from multiple timeframes to a specified host. It features a learning mode for exporting historical data to train external models. Risk management is handled through balance-based lot sizing, spread filters, stop loss, take profit, and a configurable trailing stop. The README is missing, and the system requires a local server to process data.
- External API integration via WebRequest
- Multi-timeframe candle data export
- Historical data learning mode
- Balance-based risk management
- Adjustable trailing stop and spread filter
Details
Author
Shk0da on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
AI / machine learning
Markets
Any symbol
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
Input parameters
Read from Simple 4T EA.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Host | string | http://localhost/ | |
BalanceRisk | double | 30 | |
BalanceLimit | double | 50 | |
MinimumLots | double | 0.01 | |
SFPofit | double | 0.0031 | |
MaximumSpread | double | 30 | |
TP | double | 0 | |
SL | double | 0 | |
TSEnable | bool | true | |
TSVal | int | 5 | |
TSStep | int | 5 | |
sense | int | 2 |
Show all 13 inputs
| Name | Type | Default | Description |
|---|---|---|---|
learn | bool | false |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Shk0da/MetaTraderPredictor 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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