by 
EA31337 is a comprehensive multi-strategy trading robot and framework for MetaTrader platforms. It features dozens of pre-built strategies utilizing technical indicators like ATR, Moving Averages, and SuperTrend. The system manages entries and exits through a unique filtering system that monitors account metrics, volat
Trading robot · MT5
Trend Observation EA
Trend Observation EA is an automated trading robot designed for the MetaTrader 5 platform.
GitHub stars1
Forks0
Last update1 year ago15 Feb 2025
LicenceNone stated
Overview
Trend Observation EA identifies market trends using the Aroon indicator to generate entry and exit signals. The system executes trades based on trend direction and incorporates standard risk controls, including user-defined fixed lot sizes, stop losses, and take profit levels. It features a new bar check utility to ensure trade logic is processed only at the start of a candle. Additionally, the code includes logic for calculating custom performance metrics like profit factors for internal signal evaluation.
- Trend detection via the Aroon indicator
- Configurable stop loss and take profit settings
- New bar entry execution logic
- Custom performance criteria evaluation
Details
Author
longnguyencbct on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following
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.
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone longnguyencbct/Trend-Observation-EA 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, 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.
Similar expert advisors
EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Ladino Bot is an open-source expert advisor for MetaTrader 5 that uses HiLo Activator indicators and moving average crossovers to identify trade entries. It features a triple-timeframe architecture, allowing users to align entries with higher-period trends. Risk controls include daily gain and loss caps, brokerage fee
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
Gold Trader EA is a multi-strategy expert advisor designed for trading XAUUSD on the MetaTrader 5 platform. It employs a fusion engine that combines up to 14 different technical analysis methods, including candlestick patterns, chart patterns, price action, and institutional levels. The system requires a user-defined n
Need a broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers