Heiken Ashi Naive is a trading robot for MetaTrader 4 and 5 that executes trades based on Heiken Ashi candle characteristics, including body length and wick presence. It evaluates candle sequences to enter positions and can be configured to either follow the trend or operate in an inverted mode for mean-reversion. Risk
Trading robot · MT4
Rci Main Investment Tool
This expert advisor for MetaTrader 4 executes trades based on the Rank Correlation Index (RCI) indicator.
GitHub stars1
Forks0
Last update2 years ago2 May 2024
LicenceNone stated
Overview
Rci Main Investment Tool utilizes three distinct calculation periods—short, medium, and long—to identify market entries. The robot manages risk through configurable limit and stop loss offset parameters, allowing for specific exit points relative to the entry price. Trade volume is controlled via a fixed lot sizing input. The implementation is modular, though the repository lacks a README, requiring users to verify threshold logic within the source code.
- Multi-period RCI indicator logic
- Configurable stop loss and take profit offsets
- Fixed lot size trade management
- Candle-close based execution logic
Details
Author
HaruyoshiOno on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Mean reversion, Trend following
Markets
Any symbol
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 RCI_main.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Lots | double | * | |
limit_offset | double | * | リミット用オフセット価格 |
stop_offset | double | * | ストップ用オフセット価格 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone HaruyoshiOno/investment-tool-for-MT4 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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