Quiet Time Strategy: Free MT4 Expert Advisor

Overview

Quiet Time Strategy captures a reference price during a specific late-afternoon window and triggers trades when the market deviates by a set number of pips. The robot utilizes a moving average crossover and an ATR filter to validate entries. Risk management features include percentage-based lot sizing, fixed stop losses, take profits, and a spread filter. It also features a termination time to close positions before the next trading day.

Session-based breakout logic

ATR volatility filtering

Moving average crossover confirmation

Percentage-based risk lot sizing

Stealth mode and spread protection

Details

Author

daveh551 on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Breakout, Indicator crossover, Trend following

Markets

Forex

Timeframes

M15-H1

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

experts/Quiet Time Strategy.mq4

Source

github.com/daveh551/QuietTimeStrategy

Input parameters

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

Name	Type	Default
`TimesInfo`	`string`	`These times should be set (in 24 Hour time) for your local t`
`TimesInfo2`	`string`	`They should correspond to 3:00PM and 7:00PM New York Time`
`QuietTimeStart`	`string`	`15:00`
`QuietTimeEnd`	`string`	`19:00`
`TimesInfo3`	`string`	`This should correspond to 2:00AM New York Time`
`QuietTimeTerminate`	`string`	`02:00`
`TradeSunday`	`bool`	`false`
`TradeFriday`	`bool`	`false`
`TriggerPipsFromQTEntry`	`int`	`15`
`PercentRisk`	`double`	`1.0`
`StopLossPips`	`int`	`12`
`TargetPips`	`int`	`10`

Show all 23 inputs

Name	Type	Default
`MaximumSpread`	`int`	`6`
`MagicNumber`	`int`	`123456`
`TradeComment`	`string`
`StealthMode`	`bool`	`false`
`Testing`	`bool`	`false`
`UseATRFilter`	`bool`	`true`
`ATRPeriod`	`int`	`1`
`ATRAveraging`	`int`	`5`
`ATRRatioToSLLimit`	`double`	`0.5`
`SlowMAPeriod`	`int`	`10`
`FastMAPeriod`	`int`	`3`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone daveh551/QuietTimeStrategy 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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