Mql Coading EA Collection: Free MT4/MT5 Expert Advisor

Overview

The included tools utilize strategies ranging from daily pivot level reversals to grid-based recovery and cost-averaging methods. Notable features include ATR-based stop losses, lot-size scaling, and specific entry conditions based on price levels or moving averages. While some scripts offer automated risk controls, others like the Cobra EA default to a zero stop-loss setting and rely on grid layering to manage drawdown.

Daily pivot point calculation

Cost-averaging grid recovery system

ATR-based dynamic stop loss

Multi-level trade entry logic

Details

Input parameters

Read from suresh_CobraEa_Latest_API_v14.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`EA_NAME`	`string`	`COBRA`
`EMAIL`	`string`	`[email protected]`
`ANALYTICS_TEXT_1`	`string`	`============================================================`
`ANALYTICS_SETTINGS`	`string`	`ANALYTICS SETTINGS`	ANALYTICS SETTINGS ____
`ANALYTICS_TEXT_2`	`string`	`============================================================`
`executionTime`	`string`	`08:00`
`GENERAL_TEXT_1`	`string`	`============================================================`
`GENERAL_SETTINGS`	`string`	`GENERAL SETTINGS`	GENERAL SETTINGS ____
`GENERAL_TEXT_2`	`string`	`============================================================`
`LOTS`	`double`	`0.01`	Lot Size
`ENABLE_LOT_STEP`	`bool`	`true`	Enable Lot Step
`LOT_STEP`	`double`	`0.01`	Increase Lot

Show all 40 inputs

Name	Type	Default	Description
`LOT_STEP_BALANCE`	`double`	`200`	Lot Step Balance
`STOPLOSS`	`double`	`0`	Stoploss in pips [0:disable]
`TAKEPROFIT`	`double`	`7`	TakeProfit in pips [0:disable]
`TRADE_COMMNET`	`string`	`COBRA`	Trade Comment
`SHOW_LOGS`	`bool`	`false`	Capture Logs
`MAGIC_NUMBER_INPUT`	`int`	`20131111`	Magic Number
`TRADE_ON_NEWBAR`	`bool`	`true`	Trade On New Bar
`TRADE_DIRECTION`	`ENUM_TRADE_DIRECTION`	`BOTH_DIRECTIONS`	Trade Direction
`GRID_TEXT_1`	`string`	`============================================================`
`GRID_TEXT`	`string`	`GRID SETTINGS`	GRID SETTINGS
`GRID_TEXT_2`	`string`	`============================================================`
`STEP_DISTANCE`	`int`	`15`	Step Distance
`GRID_REPEAT`	`int`	`1`	Multiply After N repeat
`GRID_SL_TP_MODE`	`ENUM_SL_TP_MODE`	`COST_AVERAGE`	SL and TP mode
`GRID_FIXED_TAKEPROFIT`	`double`	`2`	Takeprofit Amount
`INCREASE_LOTS`	`double`	`0.01`	Increase Lots
`DISPLAY_SETTINGS_TEXT_1`	`string`	`============================================================`
`DISPLAY_SETTINGS`	`string`	`DISPLAY SETTINGS`	DISPLAY SETTINGS
`DISPLAY_SETTINGS_TEXT_2`	`string`	`============================================================`
`panel1_settings`	`string`	`----------------panel1 settings----------------`	panel1 settings
`panel1_left`	`double`	`20`
`panel1_x`	`double`	`150`
`panel1_top`	`double`	`50`
`panel1_y`	`double`	`20`
`title_color2`	`color`	`clrGhostWhite`
`key_color2`	`color`	`clrSkyBlue`
`value_color2`	`color`	`clrWhite`
`account_number`	`color`	`clrSkyBlue`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Sureshpatil4348/MQL-COADING 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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Mql Coading EA Collection

Overview

Details

Author

Type

Platform

Strategy

Markets

Timeframes

Risk profile

EA files

Source