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This collection of MetaTrader 5 expert advisors implements various technical strategies using indicators such as Moving Averages, MACD, and the Andean Oscillator. It includes a specific tool for trading based on Commitment of Traders data combined with SuperTrend signals. Most robots in the repository incorporate a gri
Collection · MT4 · MT5
Orchard MA Cross Risk Sizer
This collection for MetaTrader 4 and 5 provides educational examples of calculating lot sizes or stop loss levels based on account equity risk.
GitHub stars6
Forks4
Last update4 years ago1 Apr 2022
LicenceGPL-3.0
Overview
Orchard MA Cross Risk Sizer uses a moving average crossover strategy to enter trades, triggering orders when short-term and long-term averages intersect. The expert advisor includes logic to calculate trade volume by risking a specific percentage of capital against a defined stop loss distance in points. It serves as a template for implementing standardized risk management protocols within automated trading systems, supporting both platforms.
- Equity risk percentage lot sizing
- Fixed point stop loss calculation
- Moving average crossover entry logic
- Cross-platform MT4 and MT5 support
Details
Author
OrchardForexTutorials on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Strategy
Indicator crossover
Markets
Any symbol
Timeframes
Any timeframe
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 MA Cross Risk Lots.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpFastPeriod | int | 10 | fast ma period |
InpSlowPeriod | int | 50 | slow ma period |
InpRisk | double | 0.01 | Risk, default=0.01 (1%) |
InpSLPoints | int | 300 | sl in points |
InpMagic | int | 222222 | magic number |
InpTradeComment | string | MA Cross | Trade comment |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone OrchardForexTutorials/220320_risk_based_size_and_stop_loss 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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