Compare brokers

Collection · MT4

My EA Algo Trade

by WaithakanTony

This MetaTrader 4 expert advisor is an automated trading system primarily configured for Gold (XAUUSD).

View on GitHub Download source (.zip)
GitHub stars1
Forks0
Last update5 months ago15 Apr 2026
LicenceNone stated

Overview

My EA Algo Trade incorporates a robust suite of risk controls, including daily equity drawdown limits and overall balance protection. The EA features mandatory cooldown periods after a stop loss or take profit is hit to prevent overtrading. It integrates trend-based entries via ATR indicators, a news filter to avoid high-volatility events, and Telegram connectivity for remote monitoring. Although the repository lacks a README, the code suggests a comprehensive trade management framework with session-based execution and spread filtering.

Details

Author

WaithakanTony on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following

Markets

Gold

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.

EA files

About 12 expert advisors in this repository. See them all on GitHub.

Source

github.com/WaithakanTony/Experts

Input parameters

Read from myEA_AlgoTrade_v16.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpMagicNumberint770077
InpMaxSpreadPointsint60
InpAllowedSymbolstringXAUUSD
InpMaxDailyLossPercentdouble5.0% of start-of-day equity
InpMaxOverallLossPercentdouble10.0% of initial balance
InpCooldownMinutesAfterSLint90pause after SL hit
InpCooldownMinutesAfterTPint60pause after TP hit

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone WaithakanTony/Experts 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.

Similar expert advisors

Kastor Metatrader EA Collection

by matthewkastor
161 stars

This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take

MT4 Collection Indicator crossoverMartingaleGrid High risk
Updated 3 years ago GPL-3.0 GitHub repository of Kastor Metatrader EA Collection

EA MQL4 Collection

by Yumerain
151 stars

This repository provides a diverse library of expert advisors and technical indicators for MetaTrader 4. The collection includes robots utilizing moving average crossovers, MACD trend-following signals, and mean-reversion strategies based on Bollinger Bands. A notable inclusion is a Martingale robot that scales lot siz

MT4 Collection Indicator crossoverTrend followingMartingale High risk
Updated 6 years ago None stated GitHub repository of EA MQL4 Collection

Nkanven EA Collection

by nkanven
135 stars

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

MT4MT5 Collection Trend followingBreakoutGrid High risk
Updated 1 year ago None stated GitHub repository of Nkanven EA Collection

FX Git Collection

by dennislwm
101 stars

This repository contains a diverse collection of MetaTrader 4 expert advisors and R-based financial scripts. The primary robot is based on the Nanningbob trading system, which utilizes multi-timeframe analysis across daily and four-hour charts to identify trends and ranging markets. It employs Bollinger Bands for mean-

MT4 Collection Trend followingMean reversionMartingale High risk
Updated 5 years ago None stated GitHub repository of FX Git Collection

Super Trading Collection

by RoyluxuryTrading
24 stars

This repository provides a collection of MetaTrader 4 and 5 expert advisors, including the modular Super Trading Bot series and an AI-driven trading template. The EAs utilize various technical indicators like Bollinger Bands, Parabolic SAR, and moving averages for trend-following and scalping. Built-in risk management

MT4MT5 Collection Trend followingScalpingAI / machine learning High risk
Updated 8 months ago MIT GitHub repository of Super Trading Collection

Ariel Turtle Bot Collection

by Lucas170
21 stars

This repository contains a collection of MetaTrader 4 expert advisors, including the Ariel Turtle Bot and several named variants like Elisa, Cary, and Faith. The primary logic utilizes Donchian Channel breakouts combined with Simple Moving Average filters to identify trend-following entries. The software includes compr

MT4 Collection Trend followingBreakoutMartingale High risk
Updated 9 years ago None stated GitHub repository of Ariel Turtle Bot Collection

More collections

Need a broker for MT4?

Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.

Compare brokers