This repository provides a collection of Expert Advisors for MetaTrader 5 and Python trading scripts developed for an educational YouTube series. It features various technical indicator-based strategies, including MACD, Relative Strength Index, Stochastic, and Bollinger Bands. The included MQL5 files implement multi-ti
Collection · MT5
Niferu Forex Trading Robots
This MetaTrader 5 collection features several expert advisors and utility tools based on various technical analysis methods.
GitHub stars9
Forks2
Last update3 years ago21 Sep 2023
LicenceNone stated
Overview
The primary strategy uses Ichimoku Kinko Hyo components, specifically Tenkan-sen, Kijun-sen, and Senkou Span B, to identify trend-based entries. Additional bots in the repository utilize moving average crossovers and inside bar patterns. Risk management is handled through ATR-based dynamic stop losses, fixed stop levels, and trailing stops calculated as a percentage of equity. The repository demonstrates multi-currency trading logic for major pairs like EURUSD, GBPUSD, and EURJPY.
- Ichimoku Kinko Hyo trend following
- ATR-based dynamic stop losses
- Multi-currency execution logic
- Equity percentage trailing stops
Details
Author
Niferu on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Indicator crossover, Multi-strategy
Markets
Forex
Timeframes
M15-H1, H4 and above
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
- ExpertAdvisors/Pips_Vampire.mq5
- ExpertAdvisors/Chikou.mq5
- ExpertAdvisors/Pyramid.mq5
- ExpertAdvisors/H4-M5ChikouSSB.mq5
- ExpertAdvisors/InsideBars.mq5
- ExpertAdvisors/MoneyManager.mq5
- ExpertAdvisors/PointingCrossMA.mq5
- ExpertAdvisors/MA_USDCAD_EA.mq5
- ExpertAdvisors/Multi_Sec_Vamp.mq5
- ExpertAdvisors/Own_MM.mq5
Input parameters
Read from Pips_Vampire.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
AccountBalance | double | 1000 | |
MyTSSValue | int | 7 | Tenkan Value |
MySSSValue | int | 28 | Kijun Value |
MySSBValue | int | 119 | SSB Value |
FixedStop | double | 40 | StopLoss is 30/1000 -> 3% sl +10 spread = 40 |
AtrMultiplierEURJPY | double | 1.28 | ATR Multiplier for SL EURJPY |
AtrMultiplierEURUSD | double | 1.04 | ATR Multiplier for SL EURUSD |
AtrMultiplierGBPJPY | double | 0.80 | ATR Multiplier for SL GBPJPY |
AtrMultiplierGBPUSD | double | 1.54 | ATR Multiplier for SL GBPUSD |
AtrScope | double | 250 | ATR up to 100 |
EqPercentTr | double | 0.03 | Equity Percentage Trailing Sl |
TrailSlVal | double | 3000 | It is GAP between current price and SL |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Niferu/forex-trading-robots 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.
- 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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