This repository contains a diverse collection of MetaTrader 4 expert advisors and R-based financial scripts. The primary robot is based on the Nanningbob trading system, which utilizes multi-timeframe analysis across daily and four-hour charts to identify trends and ranging markets. It employs Bollinger Bands for mean-
Collection · MT4 · MT5
North East Way Collection
This repository contains a collection of MetaTrader expert advisors for MT4 and MT5, featuring various algorithmic trading strategies.
High risk
GitHub stars2
Forks1
Last update1 year ago26 Jan 2025
LicenceNone stated
Overview
The primary EA, North East Way, implements a multi-currency grid and martingale system focused on mean reversion for correlated pairs such as AUDNZD and NZDCAD. It manages risk through automated lot sizing based on account equity, a recovery mode, and emergency breakeven closing. The collection also includes tools for RSI trading, trend following, and breakout strategies. Documentation is sparse, provided primarily through code comments and parameter labels.
- Multi-currency mean reversion grid strategy
- Martingale recovery mode with adjustable lot ratios
- Automated money management based on account balance
- Virtual take-profit and emergency breakeven functions
Details
Author
Yogurt-Peng on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Mean reversion, Grid, Martingale, Multi-strategy
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
- Opens a grid of orders: exposure builds up in a trend
- Trades without a fixed stop loss
EA files
- North East Way/North East Way.mq4
- RSITrade.mq5
- LondonBreak.mq5
- 外汇网格策略.mq5
- ChaosTradingMethod.mq5
- Classification.mq5
- WilliamsMartinStrategy.mq5
- SuperRsiTrade.mq5
- TrixTrend.mq5
- NRSequence.mq5
About 19 expert advisors in this repository. See them all on GitHub.
Input parameters
Read from North East Way.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
_base_ | string | =========Basic settings========= | |
MultiCurrency | string | AUDNZD,NZDCAD,AUDCAD | OneChartSetup multi currency mode. |
FirstPositionp | FirstPositiontype | 1 | First Position |
fastClose | bool | false | Emergency closing at breakeven |
nmbrThisServer | int | 1 | For magic: 0 to 99 |
holidays | NY_Weekends | 0 | Duration of the weekend after the New Year |
useVirtualTP | bool | false | Using a virtual take-profit? |
_mm_ | string | =========Money Management Settings========= | |
MaxOtherMagics | int | 0 | Number of magics no more: |
MaxOtherSymbols | int | 0 | Number of symbols no more: |
BaseForLotCalc | TypeBFLC | 0 | For autolot use |
virtBalance | double | 0 | Additional funds in account currency |
Show all 20 inputs
| Name | Type | Default | Description |
|---|---|---|---|
fix_balance | double | 0 | Or use fix balance in account currency |
USD_for_001 | double | 0 | AutoMM. Aggressive=1000, Conservative=5000. |
Lots | double | 0.01 | Fix lot if AutoMM=0 |
_aver_ | string | =========Averaging Settings========= | |
UseUnloss | bool | true | Recovery Mode |
LotsMartinp | double | 2.5 | Martin ratio |
_grid_ | string | =========Grid Level Settings========= | |
FirstNumberp | int | 3 | First real deal from this level n>=0 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Yogurt-Peng/EA 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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