Punlie Raging includes a trend filter to limit trading to specific market directions, such as only trading in uptrends verified on daily timeframes. For trade management, the advisor features an adjustable trailing stop and a basket closing function based on a target USD profit or loss value. The system also allows users to define specific daily start times for execution. As the repository lacks a README, functionality is derived from its input parameters.
Read from Punlie Raging.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpMagicNumber
long
123456
Magic Number
enable_time_start
bool
false
Enable Start Time
time_start
string
14:00
Start Time (HH:MM)
InpGridLength
int
200
Grid Length (point)
InpTrendUp
bool
false
Trade only in Uptrend
InpTrendTimeframe
ENUM_TIMEFRAMES
PERIOD_D1
Time Frame for trend check
InpLotSize
double
0.01
Lot Size
InpCloseNextGrid
bool
false
Close at Next Grid if Profitable
InpNextGrid
int
2
Number of Grids for Closing Condition
CloseAll
bool
false
Close All Positions by Profit/Loss
CloseAllValue
double
100.0
Close All Value (USD, can be negative)
TrailingStop
bool
false
Enable Trailing Stop
Show all 13 inputs
Name
Type
Default
Description
trailingstop
double
20.0
Trailing Stop (pips)
How to Install It
1Download the sourceUse "Download source (.zip)" above, or clone punlie/Punlie_Raging 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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