This MetaTrader 4 expert advisor executes automated trades on the forex market by combining signals from various technical indicators. The logic incorporates Average Directional Index analysis across multiple timeframes, alongside Ichimoku and Stochastic oscillators. Users can configure lot sizing, take profit, and sto
Trading robot · MT4
Trading Robot
Trading Robot is an automated expert advisor for MetaTrader 4 that utilizes a multi-strategy approach based on classical technical indicators.
GitHub stars3
Forks6
Last update9 years ago22 Jun 2017
LicenceNone stated
Overview
Trading Robot executes trades using distinct logic paths for buy and sell positions, incorporating Moving Averages, RSI, MACD, Ichimoku Kinko Hyo, and Fractals. The EA monitors price volatility and provides customizable parameters for each indicator combination. Risk management is handled via fixed lot sizing and individual stop loss and take profit settings for long and short orders. The provided documentation is minimal.
- Multi-indicator strategy modules
- Integrated Ichimoku and Fractal signals
- Independent buy and sell risk settings
- Customizable MACD and RSI periods
- Volatility-based filtering logic
Details
Author
robintkim on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover, Multi-strategy
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.
EA files
Input parameters
Read from TradingRobot.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Lots | double | 0.2 | Lots |
rsize | int | 21 | volatility range |
takeprofit | int | 380 | Buy Take Profit level |
stoploss | int | 70 | Buy Stop Loss level |
rsisup | int | 17 | Buy RSI Support |
MACDx | int | 44 | Buy 0 MACD range |
FastEMA | int | 29 | Buy 0 MACD Fast EMA |
SlowEMA | int | 71 | Buy 0 MACD Slow EMA |
MACD_SMA | int | 47 | Buy 0 MACD Signal EMA |
macdrsiperiod | int | 23 | Buy 0 RSI Period |
MAx | int | 137 | Buy 1 MA range |
period1 | int | 29 | Buy 1 MA Fast Period |
Show all 31 inputs
| Name | Type | Default | Description |
|---|---|---|---|
period2 | int | 161 | Buy 1 MA Slow Period |
movrsiperiod | int | 209 | Buy 1 RSI Period |
ichirsiperiod | int | 203 | Buy 2 RSI Period |
SenAv | int | 44 | Buy 2 Senkou Average Period |
sellStopLoss | int | 70 | Sell Stop Loss level |
rsiPeriod | int | 72 | Sell RSI Period |
fractalPeriod | int | 42 | Sell Check Fractal range |
rsiSupport3 | int | 12 | Sell 3 RSI Support |
rsiResistance3 | int | 74 | Sell 3 RSI Resistance |
macdFast | int | 29 | Sell 3 MACD Fast EMA |
macdSlow | int | 71 | Sell 3 MACD Slow EMA |
macdSignal | int | 47 | Sell 3 MACD Signal EMA |
rsiSupport4 | int | 48 | Sell 4 RSI Support |
rsiResistance4 | int | 86 | Sell 4 RSI Resistance |
tenkanPeriod | int | 100 | Sell 4 Tenkan Sen |
kijunPeriod | int | 195 | Sell 4 Kijun Sen |
senkouBPeriod | int | 22 | Sell 4 Senkou B |
rsiSupport5 | int | 46 | Sell 5 RSI Support Level |
rsiResistance5 | int | 56 | Sell 5 RSI Resistance Level |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone robintkim/TradingRobot 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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