This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri
Collection · MT5
MT5 Profits EA Collection
This repository provides a collection of MetaTrader 5 expert advisors focused on technical indicator strategies.
High risk
GitHub stars1
Forks2
Last update5 years ago17 Feb 2021
LicenceNone stated
Overview
The primary expert advisor implements a trend-following approach using the Average Directional Index to identify momentum and Exponential Moving Averages for entry signals. Risk management is handled through fixed lot sizes with predefined stop loss and take profit parameters. The collection also includes specialized modules for range breakouts, RSI-based filtering, and Alligator indicator signals. The repository documentation is very limited, leaving the strategy logic primarily within the source code.
- Trend strength filtering using ADX indicators
- Directional entries via Exponential Moving Averages
- Fixed lot sizing with stop loss and take profit
- Multiple strategy variants including range breakouts and RSI
Details
Author
97joseph on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Breakout, Indicator crossover, Grid
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Opens a grid of orders: exposure builds up in a trend
EA files
- EA/test01.mq5
- EA/champion.mq5
- EA/RestructuredEAforCandlesMovement.mq5
- EA/SimpleProfitEA.mq5
- Extensions/RangeBreakOut.mq5
- Extensions/The MasterMind 2.mq5
- Extensions/RSI RFTL EA.mq5
- Extensions/NRTR_Revers.mq5
- Extensions/Alligator Simple v1.0.mq5
- Extensions/ExpBuySellSide.mq5
About 59 expert advisors in this repository. See them all on GitHub.
Input parameters
Read from test01.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
StopLoss | int | 30 | Stop Loss |
TakeProfit | int | 100 | Take Profit |
ADX_Period | int | 8 | ADX Period |
MA_Period | int | 8 | Moving Average Period |
EA_Magic | int | 12345 | EA Magic Number |
Adx_Min | double | 22.0 | Minimum ADX Value |
Lot | double | 0.1 | Lots to Trade |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone 97joseph/MT5ProfitsEA 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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