Krikor is a MetaTrader 4 robot that uses a combination of technical indicators and a grid-based recovery system to manage trades. It determines entries using a Relative Strength Index (RSI), Moving Averages, Average Directional Index (ADX), and a custom ZigZag indicator. The strategy employs martingale lot scaling, inc
Trading robot · MT4
Susu Engulf
Susu Engulf is a MetaTrader 4 expert advisor that automates trading based on engulfing candlestick patterns and technical indicators.
High risk
GitHub stars1
Forks0
Last update8 years ago25 Sep 2017
LicenceNone stated
Overview
Susu Engulf utilizes a combination of MACD and five distinct moving averages to determine trend direction and entry points. The EA manages risk through a maximum order limit and a money management module that adjusts lot sizes relative to account equity. It scales into positions at specific intervals, creating a grid of orders to manage market movements. The strategy relies on a points-based profit target, and the README is missing.
- Multi-moving average trend filter
- MACD signal confirmation
- Built-in money management lot scaling
- Maximum concurrent order limit
Details
Author
Chongcharen on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, SMC / ICT / price action, Grid, Hedging
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Opens a grid of orders: exposure builds up in a trend
- Holds opposite positions at once
- Trades without a fixed stop loss
EA files
Input parameters
Read from SUSU.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
lotStart | double | 0.01 | |
pointForProfit | int | 100 | |
moneyToupMM | int | 3000 | |
macd | float | 5 | |
maxOrder | int | 15 | |
useMM | bool | true | |
useStrength | bool | false | |
barHighForTrade | int | 25 | |
yellowHiegh | int | 25 | |
averageMA | int | 100 | |
maWhiteFarmaRed | int | 50 | |
magicNumber | int | 1 |
Show all 17 inputs
| Name | Type | Default | Description |
|---|---|---|---|
stepToTrade | int | 0 | |
diffMAYellowBlue | int | 250 | |
diffMABluePurple | int | 250 | |
diffMAPurpleRed | int | 250 | |
diffMARedWhite | int | 250 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Chongcharen/EA_SUSU_Engulf from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 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.
Similar expert advisors
This MetaTrader 4 expert advisor implements a trend-following grid strategy based on multiple moving averages. It determines market direction using configurable average periods and places initial pending orders followed by additional positions at set point intervals. The robot manages long and short trades independentl
Tip Top AI is a price action robot for MetaTrader 4 and MetaTrader 5 that uses a proprietary candle tail length algorithm to identify market entries. The strategy calculates the average size of historical bars and monitors current candles for specific wick-to-body ratios. It enters trades when wicks exceed the body siz
Mveuuh Gold is an automated MetaTrader 4 expert advisor designed specifically for trading XAUUSD. It utilizes a multi-layered trend filtering system based on three Exponential Moving Averages and the Average Directional Index to determine entry direction. The EA employs a grid-based pyramid strategy, opening additional
This MetaTrader 5 expert advisor is designed for gold trading, utilizing a multi-timeframe strategy across the M15, H1, and H4 charts. It integrates technical indicators including ADX, RSI, and Moving Averages to identify trend-following and breakout opportunities. Risk controls include dynamic lot sizing based on acco
STO Martin is a grid-based trading robot for MetaTrader 5 that uses technical indicators to manage entries and recoveries. It employs a Stochastic Oscillator for execution signals and a Moving Average to filter trades according to the prevailing trend. The EA features a martingale lot-scaling system that adds positions
Need a broker for MT4?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers