The core EA utilizes dual exponential moving averages and candle color patterns to identify trend entries. Risk controls include adjustable stop loss, take profit, break-even logic, and trailing stops. Users can configure lot sizing via fixed volumes or a martingale progression system. The collection also features diverse tools such as a London breakout robot, trade managers, and scalping scripts. Documentation is minimal, as the repository functions as a personal code archive.
Renko bar-based trend following using dual EMA crossovers
Multiple lot sizing modes including martingale and ascending progression
Integrated Commodity Channel Index filter for entry confirmation
Automated trade management with break-even and trailing stop functions
Diverse collection covering breakouts, scalping, and trend following
Read from RenkoV1.4.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
magic
int
14709
CommonSettings
string
---------------------------------------------
user_slippage
int
2
user_tp
int
30
user_sl
int
30
use_tp_sl
int
0
Can only be 0 or 1
profit_lock
double
0.60
MoneyManagementSettings
string
---------------------------------------------
money_management
int
0
min_lots
double
0.01
risk
int
5
progression
int
0
0=none | 1:ascending | 2:martingale
Show all 40 inputs
Name
Type
Default
Description
IndicatorSettings
string
---------------------------------------------
shift
int
1
check_third_candle_for_open
bool
true
check_price_over_MA
bool
true
mafast_period
int
21
maslow_period
int
50
max_candle_check_for_open
int
3
MA_Method
ENUM_MA_METHOD
MODE_EMA
APPLIED_PRICE
ENUM_APPLIED_PRICE
PRICE_CLOSE
useCCI
bool
false
cci_period
int
14
cci_applied_price
int
PRICE_TYPICAL
cci_shift
int
1
cci_level
int
100
useGoldEMA
bool
false
goldEAM_period
int
50
useBreakEven
bool
true
breakEvenPips
int
150
TrailingStop
double
0
useMaExit
bool
false
useReverseCandleExit
bool
true
numberOfCandleToExit
int
2
useMAAngleRestriction
bool
true
MAAnglePeriod
int
50
MaThreshold
int
4
debugMode
bool
true
minProfit
int
3
useMAChannel
bool
false
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone shidatonglin/mql 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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