AlgoMaster NNFX is an algorithm development and testing system for MetaTrader 4 and 5, built specifically to implement the No Nonsense Forex (NNFX) trading methodology. It enables users to test trading logic across 28 major forex pairs while managing complex factors like currency exposure, news events, and market volat
Trading robot · MT4
NNFX Trading Bot
This MetaTrader 4 expert advisor implements the No Nonsense Forex (NNFX) algorithmic trading strategy.
GitHub stars1
Forks0
Last update3 years ago27 Jan 2023
LicenceMIT
Overview
NNFX Trading Bot utilizes a multi-layered approach for trade entries, incorporating a primary confirmation indicator, a secondary confirmation indicator, a volume filter, and a baseline for trend direction. The bot includes risk management features such as ATR-based stop losses and percentage-based lot sizing per trade. It is designed to work with custom indicator files like the Clarity Index and Damiani Volatmeter. The repository README is minimal, lacking instructions for specific market configurations.
- ATR-based stop loss calculation
- Multi-indicator confirmation system
- Integrated volume volatility filter
- Baseline trend direction component
- Automatic percentage risk lot sizing
Details
Author
ricTrindade on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, 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
Input parameters
Read from main.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
STRATEGY_INTUPS | string | — | "STRATEGY INTUPS"; |
atrPeriod | int | 14 | |
atrStopMultiplier | double | 1.5 | |
riskPerTrade | double | 2 | |
Trade_Ratio | double | 1.0 | |
Max_Bars_C1_Signal_to_Entry | int | 2 | |
UseATR_base_Rule | bool | false | |
ATR_base_Multiplier | double | 1.0 | |
C1_CONFIRMATION_INDICATOR_INTUPS | string | — | "CONFIRMATION INDICATOR INTUPS"; |
Lookback | int | 14 | Lookback Period |
Smoothing | int | 14 | Smoothing Period |
Method | ENUM_MA_METHOD | MODE_EMA | Smoothing Method |
Show all 22 inputs
| Name | Type | Default | Description |
|---|---|---|---|
C2_2ND_CONFIRMATION_INDICATOR_INTUPS | string | — | "2ND CONFIRMATION INDICATOR INTUPS"; |
PeriodTDI | int | 20 | |
VOL_VOLUME_INDICATOR_INTUPS | string | — | "VOLUME INDICATOR INTUPS"; |
Viscosity | int | 7 | |
Sedimentation | int | 50 | |
Threshold_level | double | 1.1 | |
lag_supressor | bool | true | |
BASELINE_INTUPS | string | — | "BASELINE INTUPS"; |
ma_period | int | 20 | |
ma_method | ENUM_MA_METHOD | MODE_EMA |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone ricTrindade/NNFX_TradingBot 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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