This repository features a diverse collection of expert advisors and trading utilities for MetaTrader 4 and MetaTrader 5. It includes automated robots based on trendline analysis, session breakouts, and technical indicator crossovers using MACD, RSI, and Williams Percent Range. The library provides various tools for ri
Collection · MT5
Templates MQ5
This MetaTrader 5 collection features automated trading robots, primarily focusing on a time-based range breakout strategy.
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Last update2 years ago9 Jun 2024
LicenceNone stated
Overview
The included Time Ranger EA identifies high and low price levels during a specific intraday window and executes trades upon a breakout. It incorporates risk management through stop loss and take profit levels calculated as a percentage of the range's height. Users can define specific trading days and an automatic closure time for all positions. The repository serves as a template for intraday breakout and stochastic-based strategies, though the provided README is minimal.
- Intraday time range breakout logic
- Percentage-based risk management levels
- Time-dependent position exit rules
- Day of the week trading filter
- Configurable breakout signal modes
Details
Author
sergey-vs on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Breakout, Indicator crossover
Markets
Any symbol
Timeframes
M15-H1
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.
Input parameters
Read from Time_Ranger_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpMagicNumder | long | 12345 | magic number |
InpLots | double | 0.01 | lot size |
InpStopLoss | int | 150 | stop loss in % the range ((0 = off) без стоп лосса) |
InpTakeProfit | int | 200 | take profit in % the range (( 0 = off) без тейк профита) |
InpRangeStart | int | 600 | range start time in minutes |
InpRangeDuration | int | 120 | range duration in minutes |
InpRangeClose | int | 1200 | range close time in minutes ((-1 = off) закрытия позиции не будет) |
InpBreakoutMode | BREAKOUT_MODE_ENUM | ONE_SIGNAL | breakout mode |
InpMondey | bool | true | range on mondey |
InpTuesday | bool | true | range on tuesday |
InpWednesday | bool | true | range on mondey |
InpThursday | bool | true | range on thyrsday |
Show all 13 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpFriday | bool | true | range on friday |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone sergey-vs/Templates-mq5 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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