Trading robot · MT5

Portuguese

by gandra70

Portuguese is a MetaTrader 5 expert advisor designed as a trend-following robot utilizing multiple moving average indicators.

GitHub stars1
Forks0
Last update5 years ago25 Jan 2021
LicenceNone stated

Overview

Portuguese employs five distinct moving average periods and shifts to identify trade signals. The system manages positions through a comprehensive set of risk controls including fixed stop loss and take profit levels, a break-even function, and a trailing stop with adjustable steps. The README describes the project as an educational example, and it uses standard volume-based lot sizing without complex recovery mechanisms.

Details

Author

gandra70 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Indicator crossover, Trend following

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 Portuguese.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
ma_periodint5MA period
ma_shiftint6change shift, 0 is current point
ma_period2int10MA period 2
ma_shift2int2change shift 2, 0 is current point
ma_period3int15MA period 3
ma_shift3int3change shift 3, 0 is current point
ma_period4int20MA period 4
ma_shift4int4change shift 4, 0 is current point
ma_period5int25MA period 5
ma_shift5int5change shift 5, 0 is current point
magic_numberulong191817magic number
dev_pointulong10deviations point
Show all 29 inputs
NameTypeDefaultDescription
ma_methodENUM_MA_METHODMODE_SMAMA method
ma_priceENUM_APPLIED_PRICEPRICE_CLOSEMA price type
ma_method2ENUM_MA_METHODMODE_SMAMA method
ma_price2ENUM_APPLIED_PRICEPRICE_CLOSEMA price type
ma_method3ENUM_MA_METHODMODE_SMAMA method
ma_price3ENUM_APPLIED_PRICEPRICE_CLOSEMA price type
ma_method4ENUM_MA_METHODMODE_SMAMA method
ma_price4ENUM_APPLIED_PRICEPRICE_CLOSEMA price type
ma_method5ENUM_MA_METHODMODE_SMAMA method
ma_price5ENUM_APPLIED_PRICEPRICE_CLOSEMA price type
order_type_fillingENUM_ORDER_TYPE_FILLINGORDER_FILLING_RETURNchoose order filling type
lotdouble0.01volume
stop_lossushort500stop loss in point
take_profitushort500take profit in point
break_evenushort5break even in point
trailing_stopushort6trailing stop in point
trailing_stepushort2trailing step in point

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone gandra70/Portuguese.mq5 from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .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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