Collection · MT4

MQL4 Indicators and Strategies Collection

by levimatther

This repository contains a collection of MetaTrader 4 expert advisors and technical indicators focused on automated trading logic.

High risk

GitHub stars2
Forks1
Last update3 years ago18 Jul 2023
LicenceNone stated

Overview

The included robots primarily utilize martingale and grid-based strategies, featuring lot scaling and distance-based order layering. Entry signals are generated through indicators like Bollinger Bands, RSI, and Moving Average crossovers. Risk management features across the files include monetary stop loss and take profit levels, configurable lot multipliers, and maximum trade limits. The repository lacks a README and detailed documentation for the individual expert advisors.

Details

Author

levimatther on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Martingale, Grid, Indicator crossover, Scalping

Markets

Forex

Timeframes

M1-M5, M15-H1

Risk profile

  • Uses martingale lot scaling: losses can grow fast
  • Opens a grid of orders: exposure builds up in a trend

Input parameters

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

NameTypeDefaultDescription
SLinMoneydouble10SL in Money
TPinMoneydouble10TP in Money
MagicNumberint123Magic Number
TradeOpentrade0Logic
FixedLotdouble0.01Initial lots
MinGriddouble300Min.Grid
GridMultidouble1Grid Multi
MartTypeMart0Martingale logic
MartMultidouble1.486Mart Multi
MartType2Marti0Type of Mart Multi
MaxOpenOrdersint8Max Matingale Steps
EnableTimer1bool0Use Trade Time 1
Show all 38 inputs
NameTypeDefaultDescription
Timer1Startstring04:00Time Start 1
Timer1Endstring21:30Time End 1
EnableTimer2bool0Use Trade Time 2
Timer2Startstring00:00Time Start 2
Timer2Endstring00:00Time End 2
Directiondirect2Direction Allowed
Slippageint3Slippage
Commentarybool1Comment on chart
Box_Background_ColorcolorclrWhiteSmokeBox Color
____________________________3____string============================================================__________BBands settings
Symbol_1_Kodint20Period
Symbol_2_Koddouble1.5Deviation
____________________________4____string============================================================___________EMA 1 settings
MA_Period1int8Period
MA_Method1ENUM_MA_METHODMODE_EMAMethod
MA_Price1ENUM_APPLIED_PRICEPRICE_TYPICALPrice
____________________________5____string============================================================___________EMA 2 settings
MA_Period2int11Period
MA_Method2ENUM_MA_METHODMODE_EMAMethod
MA_Price2ENUM_APPLIED_PRICEPRICE_TYPICALPrice
____________________________6____string============================================================___________EMA 3 settings
MA_Period3int14Period
MA_Method3ENUM_MA_METHODMODE_EMAMethod
MA_Price3ENUM_APPLIED_PRICEPRICE_TYPICALPrice
____________________________7____string============================================================_100pips Momentum settings
Period2int15Period

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone levimatther/indicators-strategies-examples-mql4 from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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