Shake EA identifies entries by analyzing the alignment of three moving averages across three distinct timeframes, typically M1, M5, and M15. Positions are opened only when the fast, medium, and slow averages are sequentially stacked on all confirmed periods. For risk management, the EA features fixed stop losses, a target take profit based on a risk-to-reward ratio, and a daily loss limit to protect account equity. It can be restricted to trade only on new bars and within specific spread limits.
Read from SHAKE.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpMagicNumber
ulong
250125
Magic number used to identify SHAKE trades
InpTradeSymbols
string
BTCUSD,XAUUSD
Comma-separated list of allowed symbols
InpEnforceM1Chart
bool
true
Only trade when attached to M1 chart
InpSlippagePoints
int
30
Maximum price deviation in points
InpTradeOnNewBarOnly
bool
true
Evaluate entries once per new M1 bar
InpFastMAPeriod
int
20
Fast MA period
InpMediumMAPeriod
int
50
Medium MA period
InpSlowMAPeriod
int
200
Slow MA period
InpMAMethod
ENUM_MA_METHOD
MODE_EMA
Moving average method
InpAppliedPrice
ENUM_APPLIED_PRICE
PRICE_CLOSE
Applied price
InpConfirmTF1
ENUM_TIMEFRAMES
PERIOD_M1
Confirmation timeframe 1
InpConfirmTF2
ENUM_TIMEFRAMES
PERIOD_M5
Confirmation timeframe 2
Show all 20 inputs
Name
Type
Default
Description
InpConfirmTF3
ENUM_TIMEFRAMES
PERIOD_M15
Confirmation timeframe 3
InpRiskPercent
double
1.0
Account risk per trade, percent
InpStopLossPoints
int
50
Fixed stop loss in points
InpRiskRewardRatio
double
2.0
Take profit risk:reward ratio
InpDailyLossLimitPercent
double
2.0
Daily loss limit, percent of UTC start equity
InpUseEquityForRisk
bool
true
Use equity instead of balance for risk sizing
InpMaxSpreadPoints
int
0
Maximum spread in points; 0 disables filter
InpOnePositionPerSymbol
bool
true
Prevent multiple simultaneous positions on same symbol
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone ziadoul25/Shaike-signal-bot 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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