Collection · MT4

Mt4 Develop Collection

by xianGuiye

This repository features a collection of MetaTrader 4 expert advisors designed for various trading approaches.

High risk

GitHub stars2
Forks0
Last update6 years ago17 Oct 2019
LicenceGPL-3.0

Overview

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.

Details

Author

xianGuiye on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover, Mean reversion, Scalping, Grid, Hedging

Markets

Forex

Timeframes

M1-M5, M15-H1

Risk profile

  • Opens a grid of orders: exposure builds up in a trend
  • Holds opposite positions at once

Input parameters

Read from M5_M30integral.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
M30_Longint120
M30_Middleint36
M30_Shortint4
M5_Middleint12
M5_Shortint3
LossCutdouble0.0003
TakeProfitdouble0.0006
Lotsdouble1.0

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone xianGuiye/Mt4_develop from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  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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