Collection · MT5

Myk Francis MT5 EA Collection

by myk-francis

This repository provides a collection of MetaTrader 5 expert advisors developed for learning algorithmic trading.

GitHub stars4
Forks1
Last update2 years ago15 Jan 2024
LicenceNone stated

Overview

The primary featured tool, TimeRangeEA, identifies price high and low points within a specific time window to execute breakout trades. It incorporates risk management through stop loss and take profit levels calculated as a percentage of the range, alongside trailing stop options. The collection includes various other strategies based on Bollinger Bands, RSI, Donchian Channels, and candlestick patterns. As the repository lacks a documentation file, users must refer to the individual code files for strategy parameters and operational logic.

Details

Author

myk-francis on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Breakout, Indicator crossover, Mean reversion, Trend following

Markets

Any symbol

Timeframes

M15-H1

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 TimeRangeEADynamicLotsTrSL.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
rangeStartint600range start time in minutes after midnight
rangeDurationint120range duration in minutes
rangeCloseint1200range close time in minutes (-1=off)
magicNBlong55555magic number
stopLossint150stop loss in % of the range (0=off)
stopLossTrailingboolfalse
takeProfitint200take profit in % of the range (0=off)
InpLotModeLOT_MODE_ENUMLOT_MODE_FIXED
lotSizedouble0.01lot size LOTS / MONEY / PERCENT OF ACCOUT

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone myk-francis/expert-advisors-mql5 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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