EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT5
Nyrok RSI MT5
The Nyrok RSI EA is an automated trading robot for MetaTrader 5 designed for mean-reversion on the EURGBP currency pair.
GitHub stars1
Forks0
Last update1 year ago2 Apr 2025
LicenceNone stated
Overview
Nyrok RSI MT5 utilizes the Relative Strength Index (RSI) to identify overbought and oversold conditions, entering sell positions when the RSI exceeds a specified upper threshold and buy positions when it falls below a lower limit. The strategy is configured for a 3-minute timeframe and includes a daily trading session time filter. Risk controls feature fixed stop loss and take profit levels, a maximum trade count per session, and a minimum time interval between consecutive trades.
- RSI-based mean-reversion entries
- Hardcoded EURGBP range strategy
- Fixed stop loss and take profit protection
- Daily trading session time filter
- Trade frequency and session volume limits
Details
Author
Nyrok on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Mean reversion
Markets
Forex
Timeframes
M1-M5
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.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
SL_Pips | double | 0.0008 | |
TP_Pips | double | 0.0004 | |
Max_Trades_Per_Session | int | 2 | |
Min_Time_Between_Trades | int | 30 | en minutes |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Nyrok/MQ5-RSI-EA 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.
Similar expert advisors
An automated MetaTrader 5 expert advisor that executes a bi-directional grid trading strategy. It uses the Average True Range (ATR) indicator to dynamically calculate grid spacing, allowing the system to adapt to current market volatility. The robot supports neutral, bullish, and bearish modes. It includes risk managem
This MetaTrader 5 expert advisor serves as an educational example from a book on MQL5 programming. It implements a versatile trading system that can be configured to use moving average crossovers, Relative Strength Index levels, or both indicators combined for trade entries. The EA manages risk with user-defined stop l
Spike Trader is a price action robot for MetaTrader 4 and 5 that identifies price spikes to trade market reversals. It monitors candle highs or lows relative to preceding bars and requires a specific percentage price jump and candle close position to trigger an entry. The EA enters trades in the opposite direction of t
Allegro Stormer is a MetaTrader 5 expert advisor that implements a specific technical setup based on momentum and oscillator indicators. It utilizes a Momentum indicator filtered by a moving average alongside a Stochastic Oscillator to identify entry points. Risk management is centralized around the Average True Range,
Scalpflip EA is an automated scalping robot for MetaTrader 5 that utilizes a multi-layered technical analysis approach. It offers three entry modes: trend-following, mean-reversion, and a smart mode that selects the strategy based on current market conditions. The system filters trades using the Relative Strength Index
Need a broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers