Pato Novo utilizes moving average signals for trade entries and manages risk with fixed lot sizing, stop loss, and take profit parameters. It includes logic to limit the number of consecutive winning or losing trades to protect account equity. The collection also features specialized tools like a market pressure meter and a robot for the Brazilian Mini Dollar market. Since the repository lacks a README, configuration relies on interpreting the provided input parameters and source code.
Read from PatoNovo.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
Signal_MA_PeriodMA
int
66
Period of averaging
Signal_MA_Shift
int
0
Time shift
Signal_MA_Method
ENUM_MA_METHOD
MODE_EMA
Method of averaging
Signal_MA_Applied
ENUM_APPLIED_PRICE
PRICE_CLOSE
Prices series
Signal_MA_Weight
double
1.0
Weight [0...1.0]
Money_FixLot_Percent
double
10.0
Percent
Money_FixLot_Lots
double
1.0
Fixed volume
StopLossIni
double
2.5
Stop Loss Maximum
TakeProfitIni
double
5.0
Take Profit Maximum
CandlesStart
int
12
Number candles for Start operations
Rangestart
double
1.0
Margin for Start operations
SoundGun
bool
true
sound of shot
Show all 17 inputs
Name
Type
Default
Description
Negotiate
bool
true
Allow Perform Trading
ValidateLoss
bool
true
Allow Validate Limit Loss
NumberLoss
int
3
Max operatinos with Loss
NumberGain
int
3
Max operatinos with Gain
OrderBook
bool
true
If true = Place book Order; false = Order with Market
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone Zanguient/MQL5 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, 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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