NetAlgo EA Collection: Free MT5 Expert Advisor

Overview

The strategies range from trend-following systems using True Strength Index (TSI) and Moving Average crossovers to mean-reversion tools utilizing Relative Strength Index (RSI) and Bollinger Bands. Most experts include comprehensive risk management features such as fixed or percentage-based lot sizing, ATR-based position sizing, break-even logic, and trailing stops. While some bots offer optional martingale lot scaling, others focus strictly on technical indicator signals. The collection also includes utility tools for Discord notifications.

ATR-based position sizing and money management

Configurable break-even and trailing stop logic

Discord notification integration for trade events

Multiple indicator-based entry and exit strategies

Optional martingale and anti-martingale lot scaling

Details

Input parameters

Read from 04_TSI_MA_Trend_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`Stoploss`	`int`	`46`	Stoploss in pips
`TakeProfit`	`int`	`140`	Takeprofit in pips
`EA_Magic`	`int`	`12345`	EA magic number
`Lotsize`	`double`	`0.05`	Lotsize
`Slippage`	`int`	`10`
`Buy`	`bool`	`true`	Allow Buying
`Sell`	`bool`	`true`	Allow Selling
`BuyOrderComment`	`string`	`A buy has been Successfully executed`
`SellOrderComment`	`string`	`A sell has been Successfully executed`
`UseBreakEven`	`bool`	`true`	Use breakeven
`WhenToBreak`	`int`	`20`	When to Breakeven in pips
`BreakBy`	`int`	`5`	Break even in pips

Show all 39 inputs

Name	Type	Default	Description
`Close_opposite`	`bool`	`false`	Close at opposite signal
`UseMrtingale`	`bool`	`false`	Use Martingale Systems
`InpMartingaleType`	`ENUM_MARTINGALE`	`Martingale_sys`	Martingale Type
`InpMaringaleMultiplier`	`double`	`2`	Martingale Multiplier
`InpMartingaleLimit`	`int`	`4`	Martingale Limit
`UseATR_MM`	`bool`	`false`	ATR-based position sizing
`ATR_Period`	`int`	`20`	ATR Period
`ATR_Multiplier`	`double`	`1.0`	ATR Multipliplier
`Risk`	`double`	`2.0`	Percentage risk
`Fixed_balance`	`double`	`0`	Fixed balance used if greater than 0
`MoneyRisk`	`double`	`0`	Money risked used if greater than 0
`UseMoneynotpercentage`	`bool`	`false`	Use Money risk not Percentage
`UseEquitynotbalance`	`bool`	`false`	Use Equity not Money for risk calc
`LotDigits`	`int`	`2`	Decimal places in the lotsize
`UseTrailing`	`bool`	`true`	Use trailing stop
`WhenToTrail`	`int`	`50`	When to Start Trailing in pips
`TrailBy`	`int`	`20`	TrailingStop in pips
`ema1`	`int`	`25`	First smoothing period
`ema2`	`int`	`13`	Second smoothing period
`sMAp`	`int`	`10`	Signal line period
`MAmode`	`ENUM_MA_METHOD`	`MODE_EMA`	Mode of MA for the signal line
`MAPeriod1`	`int`	`100`	Longterm MA Period
`MAShift1`	`int`	`0`	Longterm MA Shift
`MAMethod1`	`ENUM_MA_METHOD`	`MODE_EMA`	Longterm MA Method
`MAPeriod2`	`int`	`50`	Shortterm MA Period
`MAShift2`	`int`	`0`	Shortterm MA Shift
`MAMethod2`	`ENUM_MA_METHOD`	`MODE_EMA`	Shortterm MA Method

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone santiago-cruzlopez/MQL5 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, 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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NetAlgo EA Collection

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