by 
This MetaTrader 4 expert advisor functions as a local trade copier, allowing users to replicate trades from one terminal to another. It operates by sharing a data file between a master and a slave instance on the same computer or filesystem. The slave EA manages order execution, including market, limit, and stop orders
Copier & bridge · MT4 · MT5
Neo Trader
Neo Trader is an order execution bridge that facilitates the transfer of trade data from TradingView to MetaTrader 4 and 5 terminals.
GitHub stars51
Forks17
Last update1 year ago4 Feb 2025
LicenceApache-2.0
Overview
Operating through a local socket server and a browser extension, it allows users to execute trades directly from TradingView position drawing tools. The expert advisor handles market and pending orders, offering automated lot size calculations based on a specified risk percentage. Users can configure slippage limits, magic numbers, and symbol suffixes to ensure compatibility with various brokers. It requires a companion browser plugin to function correctly.
- TradingView order synchronization
- Risk-based automated lot sizing
- Local socket server communication
- Support for market and pending orders
Details
Author
diliproshitha on GitHub
Type
Copier & bridge
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
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 NeoTrader.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
ServerPort | ushort | 23456 | Server port |
DefaultRiskPercentage | double | 1 | |
MaximumSlippage | int | 3 | |
MagicNumber | int | 98765 | |
ArrowColor | color | clrRed | |
SymbolPostfix | string | | |
CalculateLotSizeToFixedValue | bool | false | |
AccountBalanceToCalculateLotSize | double | 10000 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone diliproshitha/neo-trader from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 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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