Collection · MT4

Simple Forex Tools Collection

by khamzatMurj

This MetaTrader 4 collection contains various expert advisors, including a primary strategy based on EMA 50/200 crossovers and RSI filtering.

High risk

GitHub stars3
Forks0
Last update10 months ago16 Nov 2025
LicenceCustom licence

Overview

The main EA manages entries through trend confirmation and provides risk controls such as stop loss, take profit, and trailing stops. It includes features for breakeven activation and time-based trading restrictions. The repository also stores multiple third-party robots like Aura BlackEdition and Flexy The Dragon. Users can configure lot sizing automatically or manually, though the README notes that performance optimization is ongoing.

Details

Author

khamzatMurj on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover, Trend following, Grid, Hedging, Martingale

Markets

Forex, Gold

Timeframes

M15-H1

Risk profile

  • Uses martingale lot scaling: losses can grow fast
  • Opens a grid of orders: exposure builds up in a trend
  • Holds opposite positions at once

Input parameters

Read from Aura BlackEdition V2.3 @simpleforextools.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
Free_forex_toolsstringhttps://t.me/simpleforextools
percentdouble0.01Lot for Balance
balancedouble500Balance
LotdoubleFix Lot(if 0 then Auto)
MaxCountOrdersint3Number of Opened Deals
BeginHourintTime to Start Hour
EndHourint24Time to Finish Hour
CommenstringComments
Magicint1Magic
OppositebooltrueOpen Opposite Deals
MaxSpredint200MaxSpread
FridayboolClose At Friday
Show all 22 inputs
NameTypeDefaultDescription
FrHourint23Close At Friday Hour
trailbooltrueTrailing On Off
TrailStartdouble30Trailing Start
TrailFromdouble30Trailing From
TrailStepdouble30Trailing Step
UseBreckevenboolUse Breakeven
BEactivitydouble50BE activity
BePipsdouble5BE Pips
TKProfitdouble300TakeProfit
STLossdouble300StopLoss

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone khamzatMurj/Trading-Bot from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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