This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take
Collection · MT4
Reza Amani EA Collection
This MetaTrader 4 expert advisor collection consists of several experimental trading scripts, including trend-following and peak-detection strategies.
GitHub stars1
Forks0
Last update9 years ago7 May 2017
LicenceNone stated
Overview
The primary EA uses a custom trending indicator to categorize the market into specific zones based on user-defined threshold levels. It automatically opens or closes positions when the market shifts between these zones. The code features dynamic lot sizing and specialized functions to manage order execution via a state machine. As the repository lacks documentation and a README, the EAs require technical understanding to configure.
- Custom indicator zone detection
- Automated trend-following execution
- State machine order management
- Dynamic lot sizing functions
- Strategy variations for peaks and moving averages
Details
Author
Reza-Amani on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Indicator crossover
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Trades without a fixed stop loss
Source
Input parameters
Read from EA1.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Lots | double | 1 | |
level_1 | double | 10 | |
level_2 | double | 30 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Reza-Amani/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.
- 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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