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
MT4 Common Functions Library
MT4 Common Functions Library is a developer-focused utility framework for the MetaTrader 4 platform.
GitHub stars1
Forks0
Last update5 years ago18 Feb 2021
LicenceNone stated
Overview
MT4 Common Functions Library provides a collection of encapsulated helper functions designed to simplify common programming tasks in MQL4. The primary functionality involves a flexible file management system capable of creating, reading, and appending data to both binary and CSV files. As this repository serves as a library of reusable code rather than a standalone trading system, it does not include automated entry logic, exit strategies, or built-in risk management features. The documentation is minimal, focusing on code modularity.
- Commonly used function encapsulation
- Simplified file operation handler
- Binary and CSV file format support
- Modular MQL4 developer utilities
- Reusable code base for MT4 experts
Details
Author
YIGENB 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
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone YIGENB/MT4Common 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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