MT5 Money Printer combines an SSL indicator for signal confirmation, the Waddah Attar Explosion for volume filtering, and a Geometric Mean Moving Average as a baseline. The robot enters trades based on trend alignment and exits via RVI signals or ATR-based targets. Risk controls include automated lot sizing based on a percentage of equity, ATR-derived stop loss and take profit levels, and a trailing stop mechanism.
Read from ssl_wae_gma_rvi.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpMagicNumber
int
2000001
Unique identifier for this expert advisor
InpTradeComment
string
__FILE__
Optional comment for trades
InpAppliedPrice
ENUM_APPLIED_PRICE
PRICE_CLOSE
Applied price for indicators
g_stop_order
bool
false
g_market_order
bool
true
g_rvi_exit
bool
true
Use the exit?
AtrLossMulti
double
1.0
ATR Loss Multiple
AtrProfitMulti
double
2.0
ATR Profit Multiple
TslCheck
bool
true
Use Trailing Stop Loss?
RiskCompounding
bool
false
Use Compounded Risk Method?
MaxLossPrc
double
0.02
Percent Risk Per Trade
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone cody-mckeon/MT5_Money_Printer 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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