Collection · MT5

MQL5 Strategy Collection

by pasindubawantha

This repository provides a collection of MetaTrader 5 expert advisors, including standard MetaQuotes examples and specialized indicator-based bots.

GitHub stars1
Forks0
Last update6 years ago19 Nov 2019
LicenceNone stated

Overview

The expert advisors utilize technical analysis tools like MACD, Moving Averages, and Parabolic SAR to automate market entries. Risk management is handled through user-defined fixed lot sizes, take profit orders, and integrated trailing stops to protect positions as prices move favorably. The repository serves as a learning resource or template library, as the README contains limited documentation regarding specific market conditions or optimized settings for the various scripts included.

Details

Author

pasindubawantha on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Indicator crossover

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.

Input parameters

Read from MACD Sample.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpLotsdouble0.1Lots
InpTakeProfitint50Take Profit (in pips)
InpTrailingStopint30Trailing Stop Level (in pips)
InpMACDOpenLevelint3MACD open level (in pips)
InpMACDCloseLevelint2MACD close level (in pips)
InpMATrendPeriodint26MA trend period

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone pasindubawantha/mql5 from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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