This MetaTrader 4 repository contains a collection of expert advisors, primarily featuring the Chaos Theory EA. This robot combines several trading methodologies including Bill Williams' Chaos Theory, Trading Made Simple, and THV3 to trade multiple currency pairs simultaneously. It utilizes technical filters such as Su
Collection · MT4
MT4 Forex Algorithms Collection
This repository provides a collection of MetaTrader 4 expert advisors, notably featuring a grid-based trading system.
High risk
GitHub stars33
Forks13
Last update7 years ago29 Aug 2019
LicenceNone stated
Overview
The mGRID EA executes trades by placing multiple pending buy and sell stop orders at fixed pip increments, attempting to capture price movement in either direction. It offers risk controls through configurable levels and optional money management that adjusts lot sizes based on account balance and leverage. The collection also includes standard strategy examples such as moving average crossovers and MACD-based entries. The documentation is minimal, consisting primarily of the source code files.
- Grid-based pending order system
- Customizable distance between trade levels
- Money management based on account balance and leverage
- Includes multiple distinct expert advisor files
Details
Author
MikePapinski on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Grid, Indicator crossover, Multi-strategy, Hedging
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
EA files
Input parameters
Read from mGRID EA.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
INCREMENT | int | 35 | |
LOTS | double | 0.1 | |
LEVELS | int | 3 | |
MAX_LOTS | double | 99 | |
MAGIC | int | 1803 | |
CONTINUE | bool | true | |
MONEY_MANAGEMENT | bool | false | |
RISK_RATIO | int | 2 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone MikePapinski/MT4-Forex-Algorythms 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, and any .mqh files into the Include folder the code expects.
- 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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