EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT5
Reverse Edge
Reverse Edge is a MetaTrader 5 expert advisor that utilizes a combination of momentum and trend indicators, specifically MACD, RSI, and Stochastic oscillators, to identify trade entries.
GitHub stars1
Forks0
Last update1 year ago9 Feb 2025
LicenceNone stated
Overview
The robot focuses on structured risk management by calculating lot sizes based on a fixed risk percentage per trade and utilizing a dual-stage exit strategy. It performs a partial close at an initial risk-reward ratio before extending the target. The system limits activity to one trade per day and provides an on-chart dashboard for monitoring account metrics.
- Multi-indicator entry logic using MACD, RSI, and Stochastic
- Automated partial close functionality with dual RRR targets
- Percentage-based risk management and lot sizing
- On-chart visual dashboard for balance and drawdown monitoring
Details
Author
tHeStRyNg on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover, Mean reversion
Markets
Any symbol
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.
Input Parameters
Read from Reverse_Edge.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
RiskPercent | double | 1.0 | Risk percentage per trade |
RRR_Initial | double | 3.0 | Initial Risk Reward Ratio (TP = 3 x SL) |
RRR_Final | double | 10.0 | Final Risk Reward Ratio after partial close |
ShowVisualIndicators | bool | true | Show on-chart visual indicators |
EA_Name | string | Reverse_Edge | EA Name displayed on chart |
StopLossPips | double | 20.0 | Stop loss in pips (used to calculate lot size) |
FastEMA | int | 12 | |
SlowEMA | int | 26 | |
SignalSMA | int | 9 | |
RSI_Period | int | 14 | |
K_Period | int | 14 | |
D_Period | int | 3 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone tHeStRyNg/Reverse_Edge 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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