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This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take
Collection · MT4
Mql4 Trading Alerts
This repository provides a collection of MetaTrader 4 utilities and expert advisors focused on technical signaling and market monitoring.
GitHub stars4
Forks0
Last update6 years ago11 Sep 2020
LicenceNone stated
Overview
The primary EA identifies exponential moving average crossovers, triggering terminal alerts when a fast EMA crosses a slow EMA on the completion of a candle. The collection includes additional tools for inside bar pattern detection, spread monitoring, and new candle notifications. These scripts are designed as manual trading assistants; they provide visual and audio alerts but do not include automated order execution, stop loss settings, or lot management logic.
- Exponential moving average crossover alerts
- Inside bar price action detection
- Real-time spread monitoring utility
- New candle start notification system
Details
Author
alexmcmillan86 on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Trades without a fixed stop loss
Input parameters
Read from EMA Crossover.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
EMA_fast | int | 10 | User input for Fast EMA |
EMA_slow | int | 20 | User input for Slow EMA |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone alexmcmillan86/mql4-trading 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.
- 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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