This repository contains a collection of MetaTrader 5 expert advisors and utility scripts. It includes a variety of automated strategies such as mean reversion, Dunnigan NRTR, and experiments with artificial intelligence. The library also features utility tools for Telegram integration, search functions, and signal das
Collection · MT5
Simple EA MT5 Collection
This MetaTrader 5 expert advisor collection provides several automated trading strategies based on classic technical indicators.
High risk
GitHub stars4
Forks0
Last update1 year ago6 Feb 2025
LicenceNone stated
Overview
The primary component combines CCI, RSI, Stochastic, MACD, and Moving Average crossovers to identify entry signals. It features a configurable grid system that layers multiple orders at fixed point distances. Risk management includes optional fixed take profit and stop loss settings, plus a trailing stop mechanism. The repository includes specialized files for single-indicator strategies and long-only grid operations. The default settings for stop loss and take profit are disabled.
- Multi-indicator signal confirmation logic
- Configurable grid distance and order count
- Integrated trailing stop loss functionality
- Support for multiple technical indicators
- Adjustable signal confirmation bar count
Details
Author
alfatihmm on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Grid, Indicator crossover, Mean reversion, Multi-strategy
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Opens a grid of orders: exposure builds up in a trend
- Trades without a fixed stop loss
Input parameters
Read from MultiIndicator.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Grid_Distance | int | 250 | Grid distance in points |
Volume | double | 0.01 | Trade volume |
TakeProfit | double | 0 | Take profit in points (0 to disable) |
StopLoss | double | 0 | Stop loss in points (0 to disable) |
JumlahGrid | int | 3 | Number of grids |
Use_CCI | bool | true | Use CCI Indicator |
CCI_Period | int | 14 | CCI Period |
CCI_Oversold | int | 100 | CCI Oversold level |
Use_RSI | bool | false | Use RSI Indicator |
RSI_Period | int | 14 | RSI Period |
RSI_Oversold | int | 30 | RSI Oversold level |
Use_Stochastic | bool | false | Use Stochastic Indicator |
Show all 29 inputs
| Name | Type | Default | Description |
|---|---|---|---|
Stoch_K_Period | int | 5 | Stochastic %K period |
Stoch_D_Period | int | 3 | Stochastic %D period |
Stoch_Slowing | int | 3 | Stochastic slowing |
Stoch_Oversold | int | 20 | Stochastic oversold level |
Use_MACD | bool | false | Use MACD Indicator |
MACD_Fast | int | 12 | MACD Fast EMA |
MACD_Slow | int | 26 | MACD Slow EMA |
MACD_Signal | int | 9 | MACD Signal period |
Use_MA_Cross | bool | false | Use Moving Average Cross |
Fast_MA_Period | int | 10 | Fast MA period |
Slow_MA_Period | int | 20 | Slow MA period |
MA_Method | ENUM_MA_METHOD | MODE_SMA | MA method |
AnySignalToOpen | bool | true | True: Open on any signal, False: Need all signals |
ConfirmationBars | int | 2 | Number of bars to confirm signals |
UseTrailingStop | bool | false | Enable/Disable trailing stop |
StartTrailing | double | 50 | Start trailing stop (points) |
StepTrailing | double | 10 | Trailing stop step (points) |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone alfatihmm/SimpleEAMT5 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.
Similar expert advisors
This repository contains a diverse collection of MetaTrader 5 expert advisors and technical utilities. It features a three-dimensional correlation matrix visualizer for analyzing price relationships across multiple currency pairs simultaneously. The collection includes various automated trading robots based on technica
This repository provides a collection of Expert Advisors for MetaTrader 5, primarily focused on technical indicator strategies and algorithmic trading examples. The main file utilizes a Moving Average signal combined with a Parabolic SAR trailing stop for automated trade management. It includes a lot-sizing module that
This repository contains a collection of MetaTrader 5 expert advisors developed for strategy experimentation and technical analysis. The robots utilize various technical indicators, including Moving Averages, MACD, Parabolic SAR, and RSI for trade entries. Risk management is handled through configurable stop loss and t
This repository contains a collection of MetaTrader 5 Expert Advisors and graphical tools. It includes several technical strategy robots based on Relative Strength Index crossovers, Bollinger Bands, and Moving Averages. Additionally, it features advanced 3D visualization utilities such as a correlation matrix and a mat
This repository functions as a large collection of over 170 MetaTrader 4 expert advisors provided in source code format for further development. The library includes various automated trading robots based on popular technical indicators such as Heiken Ashi, RSI, Stochastic, and MACD crossovers. The included files utili
Need a broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers