Mad Pound Profits is a MetaTrader 4 expert advisor that automates trading based on structural breakouts and price action. The system utilizes time-specific analysis windows throughout the day to identify entry opportunities. It incorporates technical elements such as Fibonacci levels, momentum indicators, and mean reve
Trading robot · MT4
Reverse Trend Pinbar Trader
This MetaTrader 4 expert advisor focuses on identifying and trading trend reversals using price action patterns, specifically pin bars.
GitHub stars1
Forks0
Last update2 years ago15 Jun 2024
LicenceNone stated
Overview
Reverse Trend Pinbar Trader operates as an automated robot that monitors market conditions to execute entries based on reversal signals. The EA features an extensive graphical user interface that displays real-time account data, including balance, equity, and profit/loss statistics. It incorporates risk management through trailing stops and includes internal modules for news filtering. The repository contains multiple versions, including a dedicated daily trend reversal variant.
- On-chart graphical information panel
- Price action reversal strategy integration
- Integrated news filter functionality
- Comprehensive trade statistics tracking
- Automated trailing stop management
Details
Author
abdulSF2003 on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Mean reversion, SMC / ICT / price action
Markets
Forex
Timeframes
M15-H1, H4 and above
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 PinbarTrader.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
__chartTemplate | string | ------- Chart template ------------ | |
ChartTemplate | string | pinbartrader.tpl |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone abdulSF2003/reverse-trend-EA 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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