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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 Template
This MetaTrader 4 expert advisor provides a foundational framework for developers to create custom automated trading systems.
GitHub stars13
Forks8
Last update6 years ago15 Mar 2020
LicenceMIT
Overview
MQL4 Template establishes a structured environment for handling trade signals, entry execution, and exit management. The template includes standard risk parameters such as fixed lot sizing, stop loss, and take profit. It incorporates robust features like retry logic for order execution and error handling constants. While the provided code includes basic candle direction logic for demonstration, the repository is primarily a skeletal starting point for MQL4 programming and indicator development.
- Modular entry and exit signal structure
- Configurable stop loss and take profit settings
- Retry logic and error handling constants
- Order filtering by magic number and symbol
Details
Author
KeisukeIwabuchi on GitHub
Type
Framework & template
Platform
MetaTrader 4 (MQL4)
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
mql4
Input parameters
Read from TemplateEA.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Lots | double | 0.1 | |
MagicNumber | int | 123 | |
TP | double | 100 | |
SL | double | 100 | |
Slippage | double | 1.0 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone KeisukeIwabuchi/MQL4Template 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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