Tip Top AI is a price action robot for MetaTrader 4 and MetaTrader 5 that uses a proprietary candle tail length algorithm to identify market entries. The strategy calculates the average size of historical bars and monitors current candles for specific wick-to-body ratios. It enters trades when wicks exceed the body siz
Trading robot · MT5
P4 Pattern Strategy
This MetaTrader 5 expert advisor identifies and trades a proprietary geometric P4 swing pattern.
GitHub stars1
Forks0
Last update5 months ago31 Mar 2026
LicenceNone stated
Overview
P4 Pattern Strategy scans for a multi-point price skeleton using historical data and triggers entries at P4 when specific price ratios and time constraints are met. The system requires an account in hedging mode to manage trade-specific snapshots and P5/P6 evolution. Risk management features include fixed lot sizing, money-based stop losses, and take profit targets. It also employs mandatory observation periods after trade exits to prevent rapid overtrading on the same symbol.
- Multi-point geometric pattern recognition
- Real-time P4 trigger logic
- Hedging mode position tracking
- Observation windows after trade exits
- Customizable swing extrema segments
Details
Author
junthy-me on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action, Hedging
Markets
Gold, Forex
Timeframes
M15-H1
Risk profile
- Holds opposite positions at once
EA files
Input parameters
Read from P4PatternStrategy.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpSymbols | string | XAUUSDm | |
InpTF | ENUM_TIMEFRAMES | PERIOD_M30 | |
InpTimerMillSec | int | 100 | |
InpMagic | long | 9527001 | |
InpComment | string | P4PatternStrategy | |
InpFixedLots | double | 0.05 | |
InpMaxPositionsPerSymbol | int | 1 | |
InpSlippagePoints | int | 20 | |
InpProfitObservationBars | int | 10 | |
InpStopObservationBars | int | 10 | |
InpMaxProfitStopMoney | double | 0.0 | |
InpMaxLossStopMoney | double | 0.0 |
Show all 33 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpLookbackBars | int | 150 | |
InpAdjustPointMinSpanKNumber | int | 0 | |
InpAdjustPointMaxSpanKNumber | int | 20 | |
InpCondAXMin | double | 0.75 | |
InpCondAXMax | double | 1.25 | |
InpP3P4MoveMinRatioOfStructure | double | 0.75 | |
InpCondCZ | double | 1.0 | |
InpP1P2AValueSpaceMinPriceLimit | double | 5.0 | |
InpP1P2AValueTimeMinKNumberLimit | int | 5 | |
InpBSumValueMinRatioOfAValue | double | 2.0 | |
InpBSumValueMaxRatioOfAValue | double | 5.0 | |
InpTradeDirectionMode | ENUM_TRADE_DIRECTION_MODE | LONG_ONLY | |
InpPreCondEnable | bool | true | |
InpPreCondPriorMoveLookbackBars | int | 30 | |
InpPreCondPriorMoveMinRatioOfStructure | double | 1.1 | |
InpPreCondPriorMoveMinBarsBetweenPre0AndP0 | int | 0 | |
InpRequiredSwingExtremaSegments_Pre0P0_P0P1_P1P2_P2P3_P3P4 | string | true,true,false,false,false | |
InpP5P6ReboundMinRatioOfP3P5Drop | double | 0.55 | |
InpSoftLossC | double | 1.0 | |
InpP5AnchoredProfitC | double | 2.0 | |
InpEnableExactSearchCompare | bool | false |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone junthy-me/MT5TradeAlgo 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.
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