Raja Cula Emas EA: Free MT4 Expert Advisor

Overview

Raja Cula Emas EA enters trades based on several toggleable strategies, including Moving Average crossovers, MACD, Support/Resistance levels, and Bullish/Bearish Engulfing patterns. The EA manages risk through a maximum open order cap, a daily percentage loss limit, and fixed take profit levels. However, the default stop loss is set to zero, which requires user intervention. It includes a time filter for trading hours and a dynamic lot sizing module based on account balance.

Multi-strategy toggle for indicators and price action

Account balance based dynamic money management

Daily loss limit and profit target protection

Time-based trading hour restrictions

Maximum concurrent open order limit

Details

Author

rajaculaemas on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover, Trend following, Multi-strategy

Markets

Gold

Timeframes

M15-H1

Risk profile

Trades without a fixed stop loss

EA files

Raja Cula Emas EA.mq4

Source

github.com/rajaculaemas/Raja-Cula-Emas-Expert-Advisor

Input parameters

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

Name	Type	Default	Description
`TakeProfit`	`double`	`50`	Take Profit in points
`StopLoss`	`double`	`0`	Stop Loss in points (0 means no SL)
`LotSize`	`double`	`0.1`	Lot size
`MaxOpenOrders`	`int`	`5`	Maximum number of open orders
`StartHour`	`int`	`8`	Trading start hour (UTC+7)
`EndHour`	`int`	`16`	Trading end hour (UTC+7)
`EnableSupportResistance`	`bool`	`true`	Enable Support/Resistance Strategy
`EnableMovingAverage`	`bool`	`true`	Enable Moving Average Strategy
`EnableBullishBearishEngulfing`	`bool`	`true`	Enable Bullish/Bearish Engulfing
`EnableTrendBandsStrategy`	`bool`	`true`	Enable Trend Bands Strategy
`EnableEMAStrategy`	`bool`	`true`	Enable EMA Strategy
`EnableMACDStrategy`	`bool`	`true`	Enable MACD Strategy

Show all 16 inputs

Name	Type	Default	Description
`EnableVolumeStrategy`	`bool`	`true`	Enable Volume Strategy
`EnableMoneyManagement`	`bool`	`true`	Enable Money Management
`DailyLossLimitPercent`	`double`	`50.0`	Daily loss limit as a percentage of starting balance
`DailyProfitTarget`	`double`	`100.0`	Daily profit target in account currency (USD, EUR, etc.)

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone rajaculaemas/Raja-Cula-Emas-Expert-Advisor 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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