This repository is a substantial collection of nearly five hundred Expert Advisors for the MetaTrader 5 platform. The library includes various automated strategies such as divergence detection using RSI and MACD, moving average crossovers, and zone recovery systems. It features a mix of trading robots, indicator-based
Collection · MT5
Olibyte Algotrading Collection
This MetaTrader 5 repository contains a diverse collection of expert advisors and technical indicators, with a primary focus on signal-based trading bots.
High risk
GitHub stars1
Forks0
Last update2 years ago22 Jul 2024
LicenceNone stated
Overview
The featured CCI Four Arrows Strategy uses the Commodity Channel Index to identify entry points based on specific level breaches. It includes risk management features such as take profit, trailing stops with adjustable steps, and a money management system allowing for fixed lots or percentage-based risk per trade. Time filters are included to restrict operations to specific hours, although the repository lacks documentation.
- CCI indicator signal integration
- Dynamic trailing stop and step management
- Risk-based or constant lot sizing
- Time-restricted trading windows
Details
Author
olibyte on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover, Mean reversion, Grid
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
- Opens a grid of orders: exposure builds up in a trend
- Trades without a fixed stop loss
EA Files
- Experts/CCI Four Arrows Strategy.mq5
- Experts/Examples/Correlation Matrix 3D/Correlation Matrix 3D.mq5
- Experts/clipboard.mq5
- Experts/NewestStrategy.mq5
- Experts/TaiwanBot.mq5
- Experts/Naked_Bot.mq5
- Experts/Examples/Math 3D Morpher/Math 3D Morpher.mq5
- Experts/BBplusADX.mq5
- Experts/Examples/ChartInChart/ChartInChart.mq5
- Experts/BiasTool.mq5
About 51 expert advisors in this repository. See them all on GitHub.
Input Parameters
Read from CCI Four Arrows Strategy.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpWorkingPeriod | ENUM_TIMEFRAMES | PERIOD_CURRENT | Working timeframe |
InpTakeProfit | uint | 960 | Take Profit |
InpTrailingBarCurrent | ENUM_BAR_CURRENT | bar_1 | Trailing on ... |
InpTrailingStop | uint | 250 | Trailing Stop (min distance from price to Stop Loss) |
InpTrailingStep | uint | 50 | Trailing Step |
InpLotOrRisk | ENUM_LOT_OR_RISK | risk | Money management lot: Lot OR Risk |
InpVolumeLotOrRisk | double | 3.0 | The value for "Money management" |
InpTradeMode | ENUM_TRADE_MODE | buy_sell | Trade mode: |
Inp_CCI_ma_period | int | 7 | CCI: averaging period |
Inp_CCI_applied_price | ENUM_APPLIED_PRICE | PRICE_TYPICAL | CCI: type of price |
InpCCILevelUp | double | 100 | CCI Level Up (100) |
InpCCILevelDown | double | -100 | CCI Level Down (-100) |
Show all 28 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpTimeControl | bool | false | Use time control |
InpStartHour | uchar | 10 | Start Hour |
InpStartMinute | uchar | 01 | Start Minute |
InpEndHour | uchar | 15 | End Hour |
InpEndMinute | uchar | 02 | End Minute |
InpOnlyOne | bool | false | Positions: Only one |
InpReverse | bool | false | Positions: Reverse |
InpCloseOpposite | bool | false | Positions: Close opposite |
InpPrintLog | bool | true | Print log |
InpFreezeCoefficient | uchar | 1 | Coefficient (if Freeze==0 Or StopsLevels==0) |
InpDeviation | ulong | 10 | Deviation, in Points (1.00045-1.00055=10 points) |
InpMagic | ulong | 204371505 | Magic number |
InpStartHour | uchar | 5 | Start hour |
InpEndHour | uchar | 10 | End hour |
InpStartHour | uchar | 10 | Start hour |
InpEndHour | uchar | 5 | End hour |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone olibyte/algotrading 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, 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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