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EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
Trading robot · MT5
Position Trading EA
A trend-following MetaTrader 5 expert advisor designed for long-term position trading on daily and weekly timeframes.
GitHub stars1
Forks1
Last update1 year ago8 Apr 2025
LicenceNone stated
Overview
Position Trading EA utilizes the 200-period Exponential Moving Average and the Ichimoku Cloud to confirm multi-timeframe trends and momentum. The EA calculates position sizes according to account risk percentage and uses the Average True Range for dynamic stop loss placement. Trade management includes trailing stops, breakeven adjustments, and optional partial profit taking. It is intended for high timeframes and typically maintains a low trading frequency.
- Multi-timeframe trend filtering using Daily and Weekly data
- ATR-based dynamic stop loss and trailing stop
- Ichimoku Cloud momentum and support analysis
- Risk-based position sizing and partial profit taking
- News filter and spread protection settings
Details
Author
JonusNattapong on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Indicator crossover
Markets
Forex, Gold, Indices, Oil & commodities
Timeframes
H4 and above
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 PositionTrading_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TimeframeMain | ENUM_TIMEFRAMES | PERIOD_D1 | Main Timeframe for Entry/Exit |
TimeframeTrend | ENUM_TIMEFRAMES | PERIOD_W1 | Timeframe for Major Trend Analysis |
EMA_Period | int | 200 | EMA Period |
Ichimoku_Tenkan | int | 9 | Ichimoku Tenkan-sen Period |
Ichimoku_Kijun | int | 26 | Ichimoku Kijun-sen Period |
Ichimoku_Senkou | int | 52 | Ichimoku Senkou Span B Period |
ATR_Period | int | 14 | ATR Period for Stop Loss Calculation |
ATR_Multiplier | double | 2.0 | ATR Multiplier for Stop Loss |
RiskPercentage | double | 1.0 | Risk % per trade (1-2% recommended) |
EnableTrailingStop | bool | true | Enable Trailing Stop Loss |
UseBreakEven | bool | true | Move SL to Breakeven after profit |
BreakEvenPips | double | 50.0 | Pips in profit to move to breakeven |
Show all 22 inputs
| Name | Type | Default | Description |
|---|---|---|---|
TrailingStopDistance | double | 0.0 | Fixed Trailing Stop (0 for ATR-based) |
UsePartialClose | bool | false | Enable Partial Profit Taking |
PartialClosePercent | double | 50.0 | Percentage to close at first target |
TakeProfitFactor | double | 3.0 | TP distance as multiple of SL distance |
UseIchimokuFilters | bool | true | Use Ichimoku Cloud as filter |
RequireChikouConfirmation | bool | false | Require Chikou Span confirmation |
CheckWeeklyTrend | bool | true | Check Weekly timeframe for major trend |
EnableNewsFilter | bool | false | Filter entries near major news events |
MaxSpread | int | 50 | Maximum allowed spread in points |
MagicNumber | int | 20250408 | Magic Number for this EA |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone JonusNattapong/PositionTrading 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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