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
Thinkwealth Smart Signal Pro
This expert advisor for MetaTrader 5 implements a technical strategy combining MACD, Stochastic Oscillator, and Parabolic SAR indicators.
GitHub stars1
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Last update5 weeks ago12 Aug 2026
LicenceNone stated
Overview
Designed primarily for the five-minute timeframe, it enters trades based on momentum and trend alignment. The system features robust risk controls, including stop loss and take profit settings, break-even logic, and trailing stops. Users can manage exposure through fixed lot sizes or percentage-based risk, while also setting daily loss limits and profit targets. It includes filters for maximum spread, trading hours, and daily trade counts.
- Technical analysis using MACD, Stochastic, and Parabolic SAR
- Advanced risk management with daily loss and profit targets
- Configurable trade execution on new candle or signal confirmation
- Support for both fixed lot sizing and percentage risk models
Details
Author
icotech2019 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Indicator crossover, Trend following, Mean reversion
Markets
Forex
Timeframes
M1-M5, 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 Thinkwealth-Smart-Signal-Pro-EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
EnableBuyTrades | bool | true | Enable BUY trades |
EnableSellTrades | bool | true | Enable SELL trades |
AutoTrading | bool | true | Enable automatic trade execution |
SignalConfirmationCandles | int | 0 | Candles to confirm signal (0 = same candle) |
OnlyNewCandle | bool | true | Process only on new candle |
AvoidDuplicateSignals | bool | true | Prevent duplicate signals on same bar |
MAConstituent_Fast | int | 12 | MACD Fast MA period |
MAConstituent_Slow | int | 26 | MACD Slow MA period |
MACDSignal | int | 9 | MACD Signal line period |
MAMethod | ENUM_MA_METHOD | MODE_EMA | MACD MA method |
Stoch_K_Period | int | 14 | Stochastic %K period |
Stoch_D_Period | int | 3 | Stochastic %D period |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
Stoch_Slowing | int | 3 | Stochastic Slowing |
StochMethod | ENUM_MA_METHOD | MODE_SMA | Stochastic MA method |
OverboughtLevel | double | 80.0 | Overbought level |
OversoldLevel | double | 20.0 | Oversold level |
SAR_Step | double | 0.02 | SAR Step (initial AF) |
SAR_Maximum | double | 0.2 | SAR Maximum AF |
LotMode | ENUM_POSITION_TYPE | POSITION_TYPE_BUY | Lot Size Mode (POSITION_TYPE_BUY=Fixed, POSITION_TYPE_SELL=Percentage) |
FixedLotSize | double | 0.1 | Fixed lot size (if Fixed mode) |
RiskPercentage | double | 2.0 | Risk % per trade (if Percentage mode) |
StopLossPoints | int | 100 | Stop Loss in points |
TakeProfitPoints | int | 200 | Take Profit in points |
RiskRewardRatio | double | 0.0 | Risk/Reward ratio (0 = disabled) |
MaxOpenTrades | int | 5 | Maximum simultaneous open trades |
OneTradeAtATime | bool | false | Only one trade at a time |
MaxSpread | double | 0.0 | Maximum spread in points (0 = no limit) |
MaxTradesPerDay | int | 0 | Maximum trades per day (0 = unlimited) |
MaxDailyLoss | double | 0.0 | Max daily loss (0 = unlimited) |
DailyProfitTarget | double | 0.0 | Daily profit target (0 = unlimited) |
MagicNumber | uint | 20240812 | Magic number for EA trades |
Slippage | int | 50 | Slippage/Deviation (points) |
UseBreakEven | bool | false | Enable Break-Even |
BreakEvenProfit | int | 50 | Break-Even profit (points) |
UseTrailingStop | bool | false | Enable Trailing Stop |
TrailingStopPoints | int | 50 | Trailing Stop distance (points) |
UseSpreadProtection | bool | true | Protect against wide spreads |
UseTradingHoursFilter | bool | false | Enable trading hours filter |
TradingStartHour | int | 8 | Trading start hour (24-hour format) |
TradingEndHour | int | 18 | Trading end hour |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone icotech2019/Thinkwealth-Smart-Signal-Pro-EA 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.
- 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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