The logic focuses on market volatility rather than trend direction, executing trades based on the price extremes of preceding candles. It enters positions at the low of the previous bar and utilizes a dual exit strategy: a price-based stop at the previous high and a time-based exit at the close of the triggering candle. Designed specifically for the 15-minute timeframe, it includes configurable start and end hours for intraday sessions. The developer identifies this as a prototype for educational purposes.
Read from SrB_EA_MM_Robot.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
hourBegin
int
9
Hour to start operations (0 to 24 for non stop)
hourEnd
int
12
Hour to stop operations (0 to 24 for non stop)
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone sandrorb/SrB_MM_robot 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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