This MetaTrader 4 expert advisor executes trades based on momentum oscillators, trend filters, and price action patterns. It utilizes a Stochastic oscillator alongside multiple Exponential Moving Averages to identify entry points in alignment with the prevailing trend. The logic incorporates candlestick analysis, speci
Trading robot · MT4
Tre Boll Trend
Tre Boll Trend is a MetaTrader 4 Expert Advisor designed to identify and trade market trends using multi-timeframe Bollinger Band analysis.
GitHub stars3
Forks2
Last update7 years ago12 Nov 2018
LicenceNone stated
Overview
The system processes data from timeframes ranging from five minutes to one day, calculating advanced metrics such as price velocity, acceleration, and standard deviation. It monitors whether price is positioned within high, low, or middle bands to signal entries. The repository also includes a MACD bias strategy and various indicator tools. Risk management details are limited in the documentation, though the code allows for manual parameter adjustments.
- Multi-timeframe Bollinger Band analysis
- Price velocity and acceleration tracking
- Trend strength statistical calculations
- Support for timeframe cycles from M5 to Daily
Details
Author
linbirg on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Indicator crossover, Mean reversion
Markets
Forex
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.
EA files
Source
Input parameters
Read from statics-indicator.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
period | int | 15 | |
indicator | int | 1 | 1 up 2 mid 3 low 4 band |
statics | int | 1 | 1 indicator 2 ma 3 std 4 speed 5 speed ma 6 speed std 7 acc 8 acc ma 9 acc std |
x | int | 10 | |
y_min | double | 0 | |
y_max | double | 0 | |
flag | bool | false | true to use manual set. |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone linbirg/mql4 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, and any .mqh files into the Include folder the code expects.
- 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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