This Expert Advisor framework for MetaTrader 4 provides a modular template for building custom trading strategies. It handles complex trade management tasks, including multi-symbol execution, margin-based position capping, and various lot-sizing algorithms such as risk percentage or fixed volume. Risk controls include
Framework & template · MT4
MQL4 Logger Class
This MQL4 framework provides a structured logging utility for MetaTrader 4 developers to record system events to external files and the terminal console.
GitHub stars6
Forks5
Last update6 years ago7 Jun 2020
LicenceGPL-3.0
Overview
MQL4 Logger Class allows users to categorize messages across six severity levels: trace, debug, info, warning, error, and critical. The class manages file creation within the platform's sandbox directories for both live and backtesting environments. While the repository includes an example Expert Advisor to demonstrate the API, it does not execute trades or manage financial risk independently, serving instead as a diagnostic tool for custom code development.
- Multiple log levels for message categorization
- Support for terminal console and file output
- Structured class-based implementation for MQL4
- Automated log file management in tester and files folders
Details
Author
RGunning on GitHub
Platform
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA Files
Topics
logginglogging-librarymql4
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone RGunning/MQL4Logger 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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