This MetaTrader 4 expert advisor functions as a local trade copier, allowing users to replicate trades from one terminal to another. It operates by sharing a data file between a master and a slave instance on the same computer or filesystem. The slave EA manages order execution, including market, limit, and stop orders
Copier & bridge · MT4
Trade Bot X
Trade Bot X is a MetaTrader 4 expert advisor designed to bridge a trading account with the Telegram messaging platform.
GitHub stars1
Forks0
Last update2 years ago17 Nov 2023
LicenceNone stated
Overview
Trade Bot X allows users to manage and potentially close trades remotely using Telegram bot commands. The software's primary management feature is an automated break-even function, which adjusts open positions to a neutral price point once a specific distance in pips or price is reached. It utilizes the WebRequest function to communicate with the Telegram API. The README is minimal, providing little guidance on setup, and requires users to manually input bot tokens into the source code.
- Telegram bot command integration
- Automated break-even management
- Pip-based or price-based break-even settings
- WebRequest API communication
Details
Author
Chiayingcy on GitHub
Type
Copier & bridge
Platform
MetaTrader 4 (MQL4)
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.
Input parameters
Read from closeBot-version2.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
UsePipsForBreakeven | bool | true | If true, use pips for breakeven. If false, use price. |
BreakevenPoints | double | 20.0 | Number of pips for breakeven |
BreakevenPrice | double | 1.2000 | Price for breakeven |
BreakevenDistance | double | 30.0 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Chiayingcy/TradeBotX 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.
- 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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