The included M5_M30integral EA utilizes moving average crossovers across multiple timeframes for trend detection. Other scripts employ envelope scalping at specific standard deviations and Bollinger Band strategies for mean-reversion. Risk is managed via stop loss and take profit inputs, while specific tools incorporate trailing stops and a one-hour suspension after a loss. The repository also includes scripts for grid-style position layering and hedging, allowing for diverse trade management on the forex market.
Read from M5_M30integral.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
M30_Long
int
120
M30_Middle
int
36
M30_Short
int
4
M5_Middle
int
12
M5_Short
int
3
LossCut
double
0.0003
TakeProfit
double
0.0006
Lots
double
1.0
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone xianGuiye/Mt4_develop 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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