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This collection for MetaTrader 4 provides a variety of expert advisors and utilities intended for automated trading and educational use. The primary component is a moving average crossover robot that opens positions based on trend direction. It features risk management tools including percentage-based stop losses, take
Collection · MT4
Trade0h Forex Bot Collection
This collection provides several automated trading scripts for MetaTrader 4, with a primary focus on the Trade0h expert advisor.
High risk
GitHub stars4
Forks1
Last update2 years ago19 Nov 2023
LicenceNone stated
Overview
The robot monitors daily opening prices to execute trades at the start of the trading day. It incorporates a martingale lot scaling system that multiplies position sizes based on previous trade outcomes. Risk management is handled through user-defined stop loss and take profit parameters. The repository includes specialized files for gold and daily timeframes, though the README is missing, leaving technical details to be inferred from the source code.
- Daily opening price entry logic
- Martingale lot scaling multiplier
- Fixed take profit and stop loss
- Account history based trade management
Details
Author
namnhatpham1995 on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Martingale
Markets
Forex, Gold
Timeframes
M15-H1, H4 and above
Risk profile
- Uses martingale lot scaling: losses can grow fast
Input parameters
Read from Trade0h.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Lots | double | 0.01 | so lots |
TP | int | 100 | Take Profit |
SL | int | 100 | Stop Loss |
Multiply | double | 2 | He so nhan lots |
BeginNew | int | 2 | Bat dau lai trade tu dau (0 la chay tiep history, 1 la chay tu dau 0.01 lot) |
Pluspoint | int | 200 | He so cong them cho open price tai 0h |
ChartUse | int | 2 | Chon chart de trade/test: 1 la H1, 2 la D1; |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone namnhatpham1995/Forex-bot 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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