The software identifies Monday's high and low prices to set automated entry levels, stop loss positions, and take profit targets using configurable pip adjustments. The repository includes several nampin (averaging down) tools designed for grid and martingale style trade management. Risk controls provide fixed lot, equity-based, or automated lot sizing. Documentation is absent, as the repository lacks a README file.
Read from HL_Monday_Order.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
Flat_Lot
bool
False
Flat_Lot_Rate
double
0.01
MM_Lot
bool
False
MM_Rate
double
100000
Auto_Lot
bool
True
Auto_Lot_Adjust_Times
double
1.0
Base_Period_Friday_Hour_Shift
int
2
Divided_By_Width_To_Launch
double
3.0
TP_Width_To_Launch_Times
double
2.0
Buy_Entry_Adjust_Pips
double
1.5
Buy_SL_Adjust_Pips
double
1.0
Buy_TP_Adjust_Pips
double
1.0
Show all 15 inputs
Name
Type
Default
Description
Sell_Entry_Adjust_Pips
double
1.0
Sell_SL_Adjust_Pips
double
1.0
Sell_TP_Adjust_Pips
double
1.0
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone KotaroHashimoto/pricetag 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.
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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