RoboTried identifies bullish or bearish sequences where three consecutive candles show higher highs/lows or lower highs/lows. The EA places buy or sell limit orders at the previous candle's extremes when the price aligns with the trend filter. Risk is managed with automated stop loss placement based on market structure and a configurable reward ratio for take profit. It features automatic lot sizing and a timer to delete unfulfilled pending orders.
Read from tried.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
MaPeriod
int
60
MaMethod
ENUM_MA_METHOD
MODE_SMA
MaPrice
ENUM_APPLIED_PRICE
PRICE_CLOSE
Revard
double
1
timeframe
int
—
LimitTime
uint
—
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone matin0084/RoboTried 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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