This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
Trading robot · MT4
NNFX Methodology Expert Advisor
This MetaTrader 4 expert advisor implements the No Nonsense Forex (NNFX) trading algorithm.
GitHub stars12
Forks8
Last update5 years ago3 Feb 2021
LicenceNone stated
Overview
NNFX Methodology Expert Advisor utilizes a modular structure comprising a baseline indicator for trend direction, dual confirmation signals, and a volume filter to detect market volatility. The system includes specific NNFX rules such as the seven-candle rule, one-candle rule, and pullback entry logic. Risk is managed through fixed lot sizes with configurable stop loss and take profit levels. The repository contains various strategy versions and indicator modules for different components of the NNFX framework.
- Modular NNFX indicator framework
- Volume-based market entry filtering
- Customizable baseline and confirmation settings
- Built-in NNFX special entry rules
Details
Author
Yahao277 on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following
Markets
Forex
Timeframes
H4 and above, 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.
EA files
Input parameters
Read from StrategyOneV3.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpMagic | int | 1024 | |
Deviation | int | 50 | |
x7 | string | ------Special Rules----- | |
ApplySevenCandleRule | bool | false | |
ApplyOneCandleRule | bool | true | |
ApplyPullbackRule | bool | true | |
ApplyContinuationRule | bool | true | |
x | string | ----Baseline----- | |
InpKijun_b | int | 26 | InpKijun |
x2 | string | ------C1----------- | |
InpPeriods_C1 | int | 14 | InpPeriods |
InpMethod_C1 | ENUM_MA_METHOD | MODE_SMA | InpMethod |
Show all 33 inputs
| Name | Type | Default | Description |
|---|---|---|---|
x3 | string | ------C2----------- | |
InpModeStr_C2 | string | Mode: 0 - RSI, 1 - Stoch | |
InpMode_C2 | int | 0 | InpMode |
InpLength_C2 | int | 9 | InpLength |
InpSmooth_Length_C2 | int | 2 | InpSmooth_Length |
InpPrice_C2 | int | 0 | InpPrice |
InpMethod_C2 | int | 0 | |
x4 | string | ---------Volumen------ | |
InpSensetive_v | int | 150 | InpSensitive |
InpDeadZonePip_v | int | 30 | InpDeadZonePip |
InpExplosionPower_v | int | 15 | InpExplosionPower |
InpTrendPower_v | int | 15 | InpTrendPower |
x5 | string | ---------Exit--------- | |
InpSmoothing_Length_x | int | 14 | InpSmoothing_Length |
InpSmoothing_Method_x | int | 0 | InpSmoothing_Method |
InpSignal_Length_x | int | 14 | InpSignal_Length |
InpSignal_Method_x | int | 0 | InpSignal_Method |
x6 | string | ---------Monet management------ | |
InpTakeProfit | int | 100 | |
InpStopLoss | int | 100 | |
InpLotSize | double | 0.05 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Yahao277/NNFX-EA-mql4 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 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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