MQL5 Algorithms: Free MT5 Expert Advisor

Overview

The primary expert advisor, MATrader, utilizes a moving average crossover strategy specifically designed for the one-minute timeframe. It monitors the relationship between fast and slow moving averages to identify trends, entering trades when specific alignment persists. The system includes automated risk management by calculating dynamic stop loss and take profit levels based on recent price volatility and extreme values. The repository also features a multi-timeframe trend visualization tool.

Moving average crossover strategy

Dynamic stop loss and take profit

Automatic position reversal management

Multi-timeframe trend visualization utility

Price extreme calculation for risk

Details

Author

MoritzGoeckel on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Trend following

Markets

Any symbol

Timeframes

M1-M5

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

Source

github.com/MoritzGoeckel/MQL5-Algorithms

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone MoritzGoeckel/MQL5-Algorithms from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 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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