This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
Trading robot · MT4
Rxnxn Crossover
Rxnxn Crossover is a MetaTrader 4 expert advisor that automates trading based on Exponential Moving Average crossovers.
GitHub stars1
Forks0
Last update9 years ago12 Aug 2017
LicenceNone stated
Overview
The system utilizes a 5-period and 10-period EMA, requiring a specific distance between the moving averages to confirm entry signals. It includes risk management features such as fixed lot sizing or position sizing based on a percentage of free margin. Trades are protected by stop loss and take profit parameters. The repository contains specialized configurations for Gold and major currency pairs, though documentation is minimal.
- Dual Exponential Moving Average crossover logic
- Configurable minimum distance between moving averages
- Margin percentage based position sizing
- Hard stop loss and take profit protection
Details
Author
citycat001 on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover
Markets
Forex, Gold
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.
Input parameters
Read from golddemo.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
StopLoss | double | 300.0 | SL for an opened order |
TakeProfit | double | 0.0 | ТР for an opened order |
Period_EMA_5 | int | 5 | Period of EMA chart 5 bar |
Period_EMA_10 | int | 10 | Period of EMA chart 10 bar |
Rastvor | double | 0.5 | Distance between MAs |
Lots | double | 1 | Strictly set amount of lots |
Prots | double | 0.1 | Percent of free margin |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone citycat001/rxnxn 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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