Collection · MT5

MT5 Trading Scripts Collection

by ult-processor

This repository contains a collection of MetaTrader 5 scripts and Expert Advisors focusing on various technical indicators.

GitHub stars5
Forks1
Last update4 years ago22 Nov 2021
LicenceNone stated

Overview

The primary EA provided uses Relative Strength Index (RSI) levels to determine long and short entry conditions, including specific start and end thresholds for signal filtering. Other files in the collection explore Ichimoku Kinko Hyo, moving average crossovers, and fuzzy logic. Risk management is handled through fixed lot sizes and percentage-based stop loss and take profit levels. The repository lacks a README and documentation is minimal.

Details

Author

ult-processor on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Mean reversion, Multi-strategy

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from calculate_indicators_values.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
StopLossint38StopLoss percentage
TakeProfitint1000TakeProfit percentage
RSIPeriodint20RSI period
RSIStartLongdouble30
RSIEndLongdouble62
RSIStartShortdouble70.2
RSIEndShortdouble34
EA_Magicint12345EA Magic Number
Lotdouble0.1Lots to Trade

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone ult-processor/MT5_trading-scripts from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 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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