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Trading robot · MT4 · MT5

Orchard MA Cross Delay

by OrchardForexTutorials

This expert advisor for MetaTrader 4 and 5 serves as a tutorial for implementing cooling-off periods between trade executions.

View on GitHub Download source (.zip)
GitHub stars6
Forks5
Last update4 years ago1 Apr 2022
LicenceGPL-3.0

Overview

Orchard MA Cross Delay triggers entries based on a standard moving average crossover using configurable fast and slow periods. Users can restrict trade frequency by setting a minimum number of bars or minutes that must elapse before a new position is opened. While it manages basic order execution and lot sizing, the primary code is educational and lacks default stop loss or take profit settings. The repository contains variations for both bar-based and time-based delay logic.

Details

Author

OrchardForexTutorials on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)

Strategy

Indicator crossover

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

  • Trades without a fixed stop loss

EA files

Source

github.com/OrchardForexTutorials/220227_delay_between_trades

Input parameters

Read from MA Cross Delay Bars.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpFastPeriodint10fast ma period
InpSlowPeriodint50slow ma period
InpLotSizedouble0.01lot size
InpMagicint222222magic number
InpTradeCommentstringMA CrossTrade comment
InpDelayBarsint12delay between trades in bars

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone OrchardForexTutorials/220227_delay_between_trades from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
  3. 3Copy the filesCopy the .mq4 / .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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