The primary expert advisor features a hybrid system that supports both straddle and fade execution modes. It provides built-in risk management via stop loss, take profit, trailing stops, and a break-even function. Additional filters allow the user to restrict trades based on psychological price levels, spread limits, and specific time windows. The collection also includes a volume-based candlestick algorithm and an Average Daily Range indicator. The README is minimal.
Read from Stool_02.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
Testing
string
Control speed of the chart speed when using strategy tester
speed
int
500
info0
string
Miscellaneous
VoiceComment
bool
true
OrderVisual
bool
true
info1
string
Use these parameters to modify your money management
Takeprofit
int
50
Stoploss
int
25
Straddlesize
int
15
Lotsize
double
0.01
MaxSpread
double
10
Slippage
int
3
Show all 40 inputs
Name
Type
Default
Description
MagicNumber
int
1234
info24
string
Mode 1 is Straddle, Mode 2 is Fade
TradingMode
int
1
info2
string
Use these parameters to modify your Breakeven function
UseMoveToBreakeven
bool
false
WhenToMoveToBE
int
100
PipsToLockIn
int
5
info3
string
Use these parameters to modify your Trailing Stop function
UseTrailingStop
bool
false
WhenToTrail
int
100
TrailAmount
int
50
info10
string
Only take the trade if you are within this range of a psycho
UsePsychLevels
bool
false
upperlowerlimit
double
0.001
info12
string
Days of the week to trade
Monday
bool
1
Tuesday
bool
1
Wednesday
bool
1
Thursday
bool
1
Friday
bool
1
Saturday
bool
1
Sunday
bool
1
info14
string
Only consider certain days of the month? 0 is Sunday, 6 is S
UseDayOfMonth
bool
false
WeekDay
int
5
MonthDay
int
7
info23
string
Specific dates on which you wish to backtest trade 0-31
UseManualDates
bool
true
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone V-Mitch/metatrader-projects from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
3Copy the filesCopy the .mq4 / .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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