Collection ยท MT4

Pricetag EA Collection

by KotaroHashimoto

This collection for MetaTrader 4 includes various expert advisors, with the primary HL Monday Order EA focusing on weekly price ranges.

High risk

GitHub stars1
Forks0
Last update7 years ago22 Jan 2019
LicenceNone stated

Overview

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.

Details

Author

KotaroHashimoto on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Breakout, Martingale, Grid, Trend following

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

  • Uses martingale lot scaling: losses can grow fast
  • Opens a grid of orders: exposure builds up in a trend

Input parameters

Read from HL_Monday_Order.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
Flat_LotboolFalse
Flat_Lot_Ratedouble0.01
MM_LotboolFalse
MM_Ratedouble100000
Auto_LotboolTrue
Auto_Lot_Adjust_Timesdouble1.0
Base_Period_Friday_Hour_Shiftint2
Divided_By_Width_To_Launchdouble3.0
TP_Width_To_Launch_Timesdouble2.0
Buy_Entry_Adjust_Pipsdouble1.5
Buy_SL_Adjust_Pipsdouble1.0
Buy_TP_Adjust_Pipsdouble1.0
Show all 15 inputs
NameTypeDefaultDescription
Sell_Entry_Adjust_Pipsdouble1.0
Sell_SL_Adjust_Pipsdouble1.0
Sell_TP_Adjust_Pipsdouble1.0

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone KotaroHashimoto/pricetag from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 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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