This MetaTrader 4 expert advisor implements a multi-strategy approach for trading various currency pairs and gold. It combines technical indicators including Moving Averages, RSI, Bollinger Bands, and ADX with price action concepts such as support, resistance, and engulfing patterns. The EA features risk management too
Trading robot · MT4
PTL EA
PTL EA is a MetaTrader 4 expert advisor that monitors financial markets for technical trade setups using price action and trend analysis.
GitHub stars1
Forks1
Last update6 years ago29 Jul 2020
LicenceNone stated
Overview
PTL EA evaluates market conditions across various instruments, including forex pairs, gold, and global indices, by identifying candlestick patterns and key support and resistance zones. A primary function of the EA is its integration with Telegram, which enables it to transmit alerts and chart screenshots to the user. The tool provides multi-language support and automated symbol suffix detection. The repository lacks a README and specific trade execution parameters.
- Integrated Telegram bot notifications with screenshots
- Automated support and resistance mapping
- Price action and candlestick pattern recognition
- Multi-symbol monitoring for gold, forex, and indices
Details
Author
ptluan2011 on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, SMC / ICT / price action, Indicator crossover
Markets
Forex, Gold, Indices
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 PTL_EA.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpLanguage | ENUM_LANGUAGES | LANGUAGE_VN | Language |
TelegramToken | string | 927322228:AAFxIy4Tw_rfZr6LEoyO5tocsMNBxwNXIHI | |
TelegramNotification | bool | true | |
Pair_suffix | string | | pair prefix |
InpUpdateMode | ENUM_UPDATE_MODE | UPDATE_NORMAL | Update Mode |
InpTemplates | string | ptl_screenshot;ptl_screenshot_zoom |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone ptluan2011/luanpham-ea-mql4 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, and any .mqh files into the Include folder the code expects.
- 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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