MQL4 Learning Collection features several distinct trading strategies, including moving average crossovers, stochastic counter-trend setups, and pending order breakouts. The included scripts demonstrate essential MQL4 functions such as dynamic lot sizing based on account equity, stop loss and take profit management, and basic error handling. While the README is minimal, the code provides various templates for order execution and trade management for users learning to build automated systems.
Read from Advanced.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
DynamicLotSize
bool
true
EquityPercent
double
2
FixedLotSize
double
0.1
StopLoss
double
50
TakeProfit
double
100
Slippage
int
5
MagicNumber
int
123
FastMAPeriod
int
10
SlowMAPeriod
int
20
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone izzoh/expert_advisors 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, and any .mqh files into the Include folder the code expects.
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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