Omon Omon Trading Collection: Free MT4/MT5 Expert Advisor

Overview

Omon Omon Trading Collection includes robots for smart money concepts with fair value gap detection, Joe Ross hook patterns, and volatility-based scalping. The library features specific tools for XAUUSD and multi-currency trend following using Bollinger Bands and Moving Averages. Risk management controls across the various advisors typically include stop losses, take profits, trailing stops, and virtual order management. The collection also includes custom indicators and utility scripts for market analysis.

Smart Money Concept and Fair Value Gap detection

Joe Ross 1-2-3 and Ross Hook entry patterns

Volatility-based scalping with virtual pending orders

Multi-timeframe integration and trend filtering

Details

Input parameters

Read from BEGAJUL-Scalper_V3-2.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`Configuration`	`string`	`==== Configuration ====`
`Magic`	`int`	`-1`
`OrderCmt`	`string`	`BEGAJUL`
`ECN_Mode`	`bool`	`false`
`Debug`	`bool`	`false`
`Verbose`	`bool`	`false`
`VirtualPendingOrders`	`bool`	`true`
`VirtualStops`	`bool`	`true`
`TradingSettings`	`string`	`==== Trade settings ====`
`MaxSpread`	`double`	`30.0`
`MaxExecution`	`int`	`0`
`MaxExecutionMinutes`	`int`	`5`

Show all 40 inputs

Name	Type	Default
`TakeProfit`	`double`	`10.0`
`StopLoss`	`double`	`60.0`
`TrailingStart`	`double`	`0`
`Commission`	`double`	`0`
`Slippage`	`int`	`3`
`UseDynamicVolatilityLimit`	`bool`	`true`
`VolatilityMultiplier`	`double`	`125`
`VolatilityLimit`	`double`	`180`
`UseVolatilityPercentage`	`bool`	`true`
`VolatilityPercentageLimit`	`double`	`60`
`UseMovingAverage`	`bool`	`true`
`UseBollingerBands`	`bool`	`true`
`Deviation`	`double`	`1.50`
`OrderExpireSeconds`	`int`	`3600`
`Money_Management`	`string`	`==== Money Management ====`
`MoneyManagement`	`bool`	`false`
`MaxPositions`	`int`	`1`
`MinLots`	`double`	`0.01`
`MaxLots`	`double`	`100.0`
`Risk`	`double`	`2.0`
`ManualLotsize`	`double`	`0.01`
`Screen_Shooter`	`string`	`==== Screen Shooter ====`
`TakeShots`	`bool`	`false`
`DelayTicks`	`int`	`1`
`ShotsPerBar`	`int`	`1`
`_tmp50_`	`string`	`--- Virtual Orders: graphic ---`
`VOrdText_corner`	`ENUM_BASE_CORNER`	`CORNER_RIGHT_UPPER`
`VOrdText_x`	`int`	`25`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Lybeedo/public-omon-omon 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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Omon Omon Trading Collection

Overview

Details

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