Trading robot · MT4

Trading Dong HKI

by wesrambi

This MetaTrader 4 expert advisor automates trading using a combination of support and resistance levels, Fibonacci retracements, and Marubozu candlestick patterns.

GitHub stars1
Forks0
Last update3 years ago4 Jul 2023
LicenceNone stated

Overview

Trading Dong HKI calculates and visualizes pivot points, support zones, and resistance zones across daily, weekly, and monthly timeframes. The robot identifies entries based on price interactions with these structural zones and uses Fibonacci levels to define exit targets. It includes standard risk controls such as stop loss settings and lot sizing. Note that the code contains a hardcoded expiration date and the repository lacks documentation.

Details

Author

wesrambi on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

SMC / ICT / price action, Breakout

Markets

Any symbol

Timeframes

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.

Input parameters

Read from DB+SnD+SnR - HKI.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
Use_Sunday_DataboolTRUE
DailyboolTRUE
Daily_SR_LevelsboolTRUE
Daily_Mid_LevelsboolFALSE
WeeklyboolTRUE
Weekly_SR_LevelsboolFALSE
Weekly_Mid_LevelsboolFALSE
MonthlyboolTRUE
Monthly_SR_LevelsboolFALSE
Monthly_Mid_LevelsboolFALSE
Daily_PivotcolorBlue
Daily_S_LevelscolorLimeGreen
Show all 22 inputs
NameTypeDefaultDescription
Daily_R_LevelscolorRed
Daily_Mid_LevelcolorYellow
Weekly_PivotcolorFuchsia
Weekly_S_LevelscolorSteelBlue
Weekly_R_LevelscolorPeru
Weekly_Mid_LevelcolorLightPink
Monthly_PivotcolorGray
Monthly_S_LevelscolorOrange
Monthly_R_LevelscolorBlue
Monthly_Mid_LevelcolorLightSalmon

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone wesrambi/Trading-Dong-HKI from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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