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This expert advisor for MetaTrader 4 implements a grid-based scalping strategy. It places multiple trade orders at fixed intervals, defined by a configurable pip gap. The system manages a specific number of grid lines on both sides of the starting price, aiming to capture small price movements. It utilizes fixed lot si
Trading robot · MT4
Santos HFT
Santos HFT is an automated trading robot for MetaTrader 4 designed for high-frequency execution based on bid-ratio imbalances.
GitHub stars1
Forks0
Last update2 years ago6 Jun 2024
LicenceNone stated
Overview
The system analyzes price dynamics across multiple timeframes, specifically looking for percentage-based triggers on M1 through H4 intervals to identify entry points. It includes support for a wide range of forex pairs and gold, featuring a dashboard interface for monitoring. The developer notes that the current version may require code adjustments to function on modern MetaTrader 4 builds. Detailed risk management settings are not explicitly defined in the available configuration.
- Multi-timeframe BidRatio analysis from M1 to H4
- Automated multi-currency trading across 15 default pairs
- Customizable percentage-based long and short triggers
- Integrated STR Dashboard for visual management
Details
Author
the-SantosLab on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Scalping
Markets
Forex, Gold
Timeframes
M1-M5
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 Santos_HFT3.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
period_STR | ENUM_TIMEFRAMES | 10080 | STR DASH |
periodBR00 | ENUM_TIMEFRAMES | 1 | TimeFrame BidRatio |
trigger_buy_bidratio00 | double | 60 | % Level to open long |
trade_MIN_buy_bidratio00 | double | 60 | Minimum opening adjustment |
trade_MAX_buy_bidratio00 | double | 97 | Maximum opening adjustment |
trigger_sell_bidratio00 | double | -60 | % Level to open short |
trade_MIN_sell_bidratio00 | double | -60 | Minimum opening adjustment |
trade_MAX_sell_bidratio00 | double | -97 | Maximum opening adjustment |
periodBR11 | ENUM_TIMEFRAMES | 5 | TimeFrame BidRatio |
trigger_buy_bidratio11 | double | 60 | % Level to open long |
trade_MIN_buy_bidratio11 | double | 60 | Minimum opening adjustment |
trade_MAX_buy_bidratio11 | double | 97 | Maximum opening adjustment |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
trigger_sell_bidratio11 | double | -60 | % Level to open short |
trade_MIN_sell_bidratio11 | double | -60 | Minimum opening adjustment |
trade_MAX_sell_bidratio11 | double | -97 | Maximum opening adjustment |
periodBR22 | ENUM_TIMEFRAMES | 15 | TimeFrame BidRatio |
trigger_buy_bidratio22 | double | 60 | % Level to open long |
trade_MIN_buy_bidratio22 | double | 60 | Minimum opening adjustment |
trade_MAX_buy_bidratio22 | double | 97 | Maximum opening adjustment |
trigger_sell_bidratio22 | double | -60 | % Level to open short |
trade_MIN_sell_bidratio22 | double | -60 | Minimum opening adjustment |
trade_MAX_sell_bidratio22 | double | -97 | Maximum opening adjustment |
periodBR33 | ENUM_TIMEFRAMES | 30 | TimeFrame BidRatio |
trigger_buy_bidratio33 | double | 60 | % Level to open long |
trade_MIN_buy_bidratio33 | double | 60 | Minimum opening adjustment |
trade_MAX_buy_bidratio33 | double | 97 | Maximum opening adjustment |
trigger_sell_bidratio33 | double | -60 | % Level to open short |
trade_MIN_sell_bidratio33 | double | -60 | Minimum opening adjustment |
trade_MAX_sell_bidratio33 | double | -97 | Maximum opening adjustment |
periodBR44 | ENUM_TIMEFRAMES | 60 | TimeFrame BidRatio |
trigger_buy_bidratio44 | double | 60 | % Level to open long |
trade_MIN_buy_bidratio44 | double | 60 | Minimum opening adjustment |
trade_MAX_buy_bidratio44 | double | 97 | Maximum opening adjustment |
trigger_sell_bidratio44 | double | -60 | % Level to open short |
trade_MIN_sell_bidratio44 | double | -60 | Minimum opening adjustment |
trade_MAX_sell_bidratio44 | double | -97 | Maximum opening adjustment |
periodBR55 | ENUM_TIMEFRAMES | 240 | TimeFrame BidRatio |
trigger_buy_bidratio55 | double | 60 | % Level to open long |
trade_MIN_buy_bidratio55 | double | 60 | Minimum opening adjustment |
trade_MAX_buy_bidratio55 | double | 97 | Maximum opening adjustment |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone the-SantosLab/HFT 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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