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
RSI Ichimoku Trader Bot
This MetaTrader 4 expert advisor automates trading by combining the Relative Strength Index (RSI) with Ichimoku Kumo signals.
GitHub stars11
Forks4
Last update6 years ago4 Feb 2020
LicenceNone stated
Overview
RSI Ichimoku Trader Bot scans every instrument listed in the Market Watch window to identify entries across multiple pairs simultaneously. The robot includes a built-in spread filter to avoid high-cost executions and operates with fixed lot sizing. While optimized for the one-minute timeframe, it can adapt to other periods. Notably, the documentation indicates that the EA does not include an automatic stop loss, requiring manual trade monitoring or external risk management.
- Multi-symbol scanning from Market Watch
- RSI 14 and Ichimoku Kumo logic
- Integrated spread filter mechanism
- Fixed lot size trading
Details
Author
reuniware on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Mean reversion
Markets
Any symbol
Timeframes
M1-M5, M15-H1
Risk profile
- Trades without a fixed stop loss
EA files
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone reuniware/Metatrader4-RSI-Ichimoku-TraderBot 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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