This repository provides a collection of Expert Advisors for MetaTrader 5 and Python trading scripts developed for an educational YouTube series. It features various technical indicator-based strategies, including MACD, Relative Strength Index, Stochastic, and Bollinger Bands. The included MQL5 files implement multi-ti
Collection · MT5
SMA Trend Follower Collection
This MetaTrader 5 expert advisor collection provides a series of educational scripts for automated trading.
GitHub stars1
Forks0
Last update5 years ago26 Apr 2021
LicenceMIT
Overview
The primary robot executes trades based on the relationship between the last market price and a Simple Moving Average. It initiates a buy order when the price is above the average and a sell order when below, provided no other positions are active. Risk management features include user-defined lot sizes, fixed stop loss, and take profit levels. The repository serves as a learning progression for MQL5 development, although the documentation is limited.
- Moving Average price crossover logic
- Configurable stop loss and take profit
- Order filling type selection
- Magic number and deviation settings
- Single position management
Details
Author
CarlosGatti on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Indicator crossover
Markets
Any symbol
Timeframes
Any timeframe
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 EA8-Verificacao.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
ma_periodo | int | 20 | Período da Média |
ma_desloc | int | 0 | Deslocamento da Média |
ma_metodo | ENUM_MA_METHOD | MODE_SMA | Método Média Móvel |
ma_preco | ENUM_APPLIED_PRICE | PRICE_CLOSE | Preço para Média |
magicNum | ulong | 123456 | Magic Number |
desvPts | ulong | 50 | Desvio em Pontos |
preenchimento | ENUM_ORDER_TYPE_FILLING | ORDER_FILLING_RETURN | Preenchimento da Ordem |
lote | double | 5.0 | Volume |
stopLoss | double | 5 | Stop Loss |
takeProfit | double | 5 | Take Profit |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone CarlosGatti/ea-mql5-metatrader5 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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