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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 ยท MT5
Tema Atr EA
This MetaTrader 5 expert advisor implements a mean-reversion strategy using the Triple Exponential Moving Average and Average True Range indicators.
GitHub stars1
Forks1
Last update7 years ago12 Apr 2019
LicenceNone stated
Overview
Tema Atr EA constructs dynamic volatility bands by applying a multiplier to the ATR value relative to the TEMA. The robot enters a sell position when the market price breaks above the upper band and a buy position when it falls below the lower band. Risk controls include fixed take profit, stop loss, and lot size inputs. The repository lacks a README and depends on external custom libraries.
- TEMA and ATR based dynamic bands
- Mean reversion entry logic
- Configurable volatility band factor
- Fixed stop loss and take profit
Details
Author
marcellmanfrin on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Mean reversion
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 TemaAtrEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TEMA_Period | int | 14 | |
ATR_Period | int | 14 | |
BandFactor | double | 1.1 | |
Volume | double | 1 | |
TakeProfit | double | 100.0 | |
StopLoss | double | 150.0 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone marcellmanfrin/mt5 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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