Trading robot · MT5

Price Moving Average Seconds Cross

by 9nix6

This MetaTrader 5 expert advisor is an example implementation designed to trade moving average crossovers on non-standard timeframes, specifically seconds-based charts.

GitHub stars5
Forks2
Last update5 years ago10 May 2021
LicenceGPL-3.0
Latest release1.065 years ago

Overview

Price Moving Average Seconds Cross executes trades based on price crossing a moving average or two moving averages crossing each other. The EA includes risk management features such as optional stop loss and take profit levels, break-even settings, trailing stops, and partial profit taking. It also supports time-restricted trading and can close positions when trading hours end. Note that the README is minimal and the system relies on external indicator frameworks to generate custom chart data.

Details

Author

9nix6 on GitHub

Type

Trading robot

Strategy

Indicator crossover, Trend following

Markets

Any symbol

Timeframes

M1-M5

Risk Profile

  • Trades without a fixed stop loss

Input Parameters

Read from PriceMA_Cross.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
Lotsdouble0.1Traded lots
StopLossuint0Stop Loss
TakeProfituint0Take profit
ConfirmationBarsint1Signal confirmation bars
PrevSignalBarsint1Prev. signal confirmation bars
ValidTradeDirectionENUM_TRADE_DIRECTIONTRADE_DIRECTION_ALLValid trading type
CloseTradeOnSignalChangebooltrueClose trade on signal change
ForceSRboolfalseForce Stop & Reverse
Startstring9:00Start trading at
Endstring17:55End trading at
CloseTradeAfterTradingHoursbooltrueClose trade after trading hours
InpBEPointsint0BreakEven (Points) [ 0 = OFF ]
Show all 22 inputs
NameTypeDefaultDescription
InpTrailByPointsint0Trail by (Points) [ 0 = OFF ]
InpTrailStartPointsint150Start trailing after (Points)
InpPartialCloseAtProfitPointsint0Partial close at (Points) [ 0 = OFF ]
InpPartialClosePercentageint50Partial close %
MagicNumberulong8888Assign trade ID
DeviationPointsulong0Maximum defiation (in points)
ManualTickSizedouble0.000Tick Size (0 = auto detect)
NumberOfRetriesint50Maximum number of retries
BusyTimeout_msint1000Wait [ms] before retry on busy errors
RequoteTimeout_msint250Wait [ms] before retry on requotes

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone 9nix6/Seconds-timeframe-chart 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, and any .mqh files into the Include folder the code expects.
  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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