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 TMA SVEBB
This MetaTrader 5 expert advisor implements a contrarian trading strategy using Triangular Moving Average (TMA) bands and Sylvain Vervoort's Bollinger Bands (SVEBB).
GitHub stars1
Forks3
Last update2 years ago9 Sep 2024
LicenceNone stated
Overview
Built on the EA31337 framework, it monitors multiple timeframes simultaneously to identify potential price reversals. The EA uses technical indicators to determine entry and exit points for mean-reversion trades. While the core file focuses on signal generation, risk management like stop loss and lot sizing is handled by the underlying framework. The README is relatively brief, focusing on versioning and dependencies.
- Contrarian TMA Band strategy implementation
- Integrated Sylvain Vervoort Bollinger Bands
- Multi-timeframe active monitoring bitmask
- Built on the EA31337 framework
Details
Author
EA31337 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Mean reversion
Markets
Forex
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
Topics
ea31337-strategytmasvebollinger-bandstema
Input parameters
Read from Stg_TMAT_SVEBB.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-TMAT_SVEBB 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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