Nyao Scalper is an automated scalping robot for MetaTrader 5 that utilizes a multi-factor weighted scoring system to identify trade opportunities. It evaluates trend alignment through EMA crossovers, momentum via RSI, and price action through wick rejection and candle body analysis. The EA manages risk with adaptive AT
Trading robot · MT5
TradeMe
TradeMe is an automated MetaTrader 5 expert advisor implementing a Turtle Breakout trend-following strategy.
GitHub stars1
Forks0
Last update1 year ago28 Apr 2025
LicenceNone stated
Overview
TradeMe identifies entry points using Donchian Channel highs and lows over a user-defined lookback period. The system manages positions using an ATR-based trailing stop and exits trades when the price reaches a secondary channel boundary. Risk management features include automated lot sizing based on a fixed percentage of account equity and adjustable slippage controls. While the documentation describes a modular framework, the core logic focuses on price action breakouts.
- Donchian Channel breakout entry and exit logic
- ATR-based trailing stop management
- Percentage-based account risk scaling
- Visual on-chart trade markers and labels
Details
Author
Deric254 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Breakout
Markets
Forex, Gold, Indices, Oil & commodities
Timeframes
M1-M5, M15-H1, H4 and above
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 trade.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
length_entry | int | 20 | Entry Breakout Length |
length_exit | int | 10 | Exit Breakout Length |
risk_pct | double | 1.0 | Risk per Trade (%) |
atr_length | int | 14 | ATR Length |
trail_offset | double | 3.0 | Trailing Stop Offset (ATR) |
account_scale | double | 1.0 | Account size scaling (1.0 = full account) |
slippage | double | 3 | Slippage in points |
show_visuals | bool | true | Show trade arrows and labels |
show_historical | bool | true | Show historical trades |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Deric254/Trader-me- 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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