Parallel Strategies: Free MT4 Expert Advisor

Overview

Parallel Strategies includes modules for Moving Average crossovers, MACD breakouts, Heiken Ashi signals, and a hybrid Heiken-MACD system. Each strategy operates with a unique magic number to allow concurrent execution. Risk management is handled through fixed lot sizes or account percentage-based calculations, complemented by trailing stops and spread filters. The EA also provides a detailed scheduler to restrict trading to specific hours and weekdays. Note that stop loss and take profit default to zero.

Executes four independent trading strategies simultaneously

Configurable Moving Average crossover and MACD breakout logic

Integrated Heiken Ashi and MACD signal system

Time-based filters for daily and hourly trade execution

Trailing stop and risk-based lot sizing functionality

Details

Input parameters

Read from parallel_strategies.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`expertinfo`	`string`	`Parallel Strategies EA`	[ <EXPERT INFO> ]
`expdeveloper`	`string`	`https://www.mql5.com/en/users/rodoboss`	By
`magicnumbers`	`string`	`===========[ <MAGIC NUMBERS> ]=========`	[ <MAGIC NUMBERS> ]
`Magic1`	`int`	`11`	Magic Number Strategy 1
`Magic2`	`int`	`12`	Magic Number Strategy 2
`Magic3`	`int`	`13`	Magic Number Strategy 3
`Magic4`	`int`	`14`	Magic Number Strategy 4
`Strategieslist`	`string`	`===========[ <Strategies> ]=========`	[ <List Strategies> ]
`usemovingcrossea`	`bool`	`true`	USE moving cross Strategy ?
`mamethodes`	`ENUM_MA_METHOD`	`MODE_EMA`	Fast Moving Average Methode
`mamethodes2`	`ENUM_MA_METHOD`	`MODE_SMA`	Slow Moving Average Methode
`usemacdbreakout`	`bool`	`true`	USE Macd breakout Strategy ?

Show all 40 inputs

Name	Type	Default	Description
`useheikenahsiea`	`bool`	`true`	USE Heiken Ashi Strategy ?
`useheikenashiandmacdea`	`bool`	`true`	USE Heiken and MACD Strategy ?
`mm`	`string`	`===========[ <Money Management> ]=========`	[ <Money Management> ]
`exLots`	`double`	`0.01`	Lot Size
`RiskMM`	`bool`	`false`	Risk Management
`RiskPercent`	`double`	`5`	Risk Percentage
`tm`	`string`	`===========[ <Order Management> ]=========`	[ <Order Management> ]
`exStopLoss`	`double`	`00.0`	Stop Loss
`exTakeProfit`	`double`	`00.0`	Take Profit
`exTrailingStop`	`double`	`10.0`	Trailing Stop
`exmaxSpread`	`double`	`30.0`	[Max Spread]
`WeekDays`	`string`	`===========[ <WEEK DAYS> ]=========`	[ <WEEK DAYS> ]
`exemple`	`string`	`------- Hour settings: set to 24 for no limitations`
`Monday`	`bool`	`true`	Monday Trade
`Monday_Start_Hour`	`int`	`24`	Monday Start Hour
`Monday_Finish_Hour`	`int`	`24`	Monday Finish Hour
`Tuesday`	`bool`	`true`	Tuesday Trade
`Tuesday_Start_Hour`	`int`	`24`	Tuesday Start Hour
`Tuesday_Finish_Hour`	`int`	`24`	Tuesday Finish Hour
`Wednesday`	`bool`	`true`	Wednesday Trade
`Wednesday_Start_Hour`	`int`	`24`	Wednesday Start Hour
`Wednesday_Finish_Hour`	`int`	`24`	Wednesday Finish Hour
`Thursday`	`bool`	`true`	Thursday Trade
`Thursday_Start_Hour`	`int`	`24`	Thursday Start Hour
`Thursday_Finish_Hour`	`int`	`24`	Thursday Finish Hour
`Friday`	`bool`	`true`	Friday Trade
`Friday_Start_Hour`	`int`	`24`	Friday Start Hour
`Friday_Finish_Hour`	`int`	`24`	Friday Finish Hour

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone Pierre8r/mql4snippet from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 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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Parallel Strategies

Overview

Details

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Type

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