Mql Trading Signals: Free MT4/MT5 Expert Advisor

Overview

The repository contains various strategy iterations, primarily utilizing Simple Moving Average (SMA) crossovers to identify trends. The main experts include logic for sending trade details via email and managing positions based on a fixed percentage of account capital. Notable files within the collection include variants for martingale lot scaling and specific timeframes like M1. Risk controls include adjustable risk-to-reward ratios, stop loss settings, and take profit targets.

Simple Moving Average crossover logic

Email notification system for trade signals

Percentage-based position sizing

Support for both MT4 and MT5 platforms

Details

Author

udy8007 on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Trend following, Martingale

Markets

Any symbol

Timeframes

M1-M5, M15-H1

Risk profile

Uses martingale lot scaling: losses can grow fast

EA files

Source

github.com/udy8007/mql_trading_signals

Input parameters

Read from 3opp_moving.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`averageMoveMultiply`	`int`	`1.0`
`longPeriod`	`int`	`80`
`InPeriod`	`int`	`PERIOD_M1`
`MultiplySpread`	`int`	`2`
`percentFromCapital`	`double`	`0.01`
`riskToProfit`	`double`	`1.0/10.0`	1.0/5.0;
`isTakeProfit`	`bool`	`true`
`maxPercent`	`double`	`0`
`minPercent`	`double`	`0`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone udy8007/mql_trading_signals 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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