MRTRADER Expert Advisor: Free MT5 Expert Advisor

Overview

MRTRADER Expert Advisor enters long or short trades on fast-slow EMA signals and exits with stop loss and take profit based on ATR multiples. Lots are sized as a percentage of balance up to a maximum limit. A news filter pauses trading around economic events. The project also includes a FastAPI multi-user server. Demo accounts only.

EMA Crossover Strategy

ATR Stop Loss Take Profit

News Filter Pause

FastAPI Server

Multi User Panel

Details

Author

reza-em on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Indicator crossover, Martingale

Markets

Forex, Gold

Timeframes

M15-H1

Risk Profile

Uses martingale lot scaling: losses can grow fast

EA Files

Topics

algorithmic-tradingdockerexpert-advisorfastapiforexlegacymetatrader5mql5mt5pythontrading-bot

Source

github.com/reza-em/mrtrader-mt5-expert-advisor

Input Parameters

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

Name	Type	Default	Description
`InpSymbols`	`string`	`XAUUSD,EURUSD,GBPUSD`	Gold + two majors. Missing names are skipped.
`InpTF`	`ENUM_TIMEFRAMES`	`PERIOD_H1`
`InpFastEMA`	`int`	`21`
`InpSlowEMA`	`int`	`50`
`InpATRPeriod`	`int`	`14`
`InpSL_ATR`	`double`	`2.0`	stop loss = this * ATR
`InpTP_ATR`	`double`	`3.0`	take profit = this * ATR
`InpRiskPercent`	`double`	`0.5`	percent of balance per trade
`InpMaxLot`	`double`	`0.50`
`InpMagic`	`int`	`8801`
`InpSlippagePoints`	`int`	`30`
`InpAllowTrading`	`bool`	`true`	false = only show account / prices

Show all 19 inputs

Name	Type	Default	Description
`InpUseNewsFilter`	`bool`	`true`
`InpNewsMinsBefore`	`int`	`30`
`InpNewsMinsAfter`	`int`	`30`
`InpNewsUrl`	`string`	`https://nfs.faireconomy.media/ff_calendar_thisweek.xml`
`InpNewsCurrencies`	`string`	`USD,EUR,GBP`	gold follows USD
`InpStartHour`	`int`	`7`
`InpEndHour`	`int`	`21`

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone reza-em/mrtrader-mt5-expert-advisor 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.

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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