EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT5
Strategy Chaikin
Strategy Chaikin is a MetaTrader 5 expert advisor that automates trades using the Chaikin Oscillator (CHO) indicator.
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Last update2 years ago9 Sep 2024
LicenceNone stated
Overview
Developed using the EA31337 framework, the robot monitors market momentum and volume accumulation to identify potential entry and exit points. It supports multi-timeframe operations, allowing users to activate specific intervals from M15 to H8 via a bitmask parameter. The EA includes risk management controls handled by the underlying framework, although specific stop loss and take profit parameters are not detailed in the main file. The README is minimal, focusing on dependency versions.
- Chaikin Oscillator signal generation
- Multi-timeframe execution support
- Built on EA31337 modular framework
- On-chart information display
- Configurable logging levels
Details
Author
EA31337 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover, Mean reversion
Markets
Any symbol
Timeframes
M15-H1, H4 and above
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 Stg_Chaikin.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Log_Level | ENUM_LOG_LEVEL | V_INFO | Log level. |
Info_On_Chart | bool | true | Display info on chart. |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone EA31337/Strategy-Chaikin 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, and any .mqh files into the Include folder the code expects.
- 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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