Trend Reversal EA: Free MT5 Expert Advisor

Overview

Trend Reversal EA seeks trend reversal opportunities by identifying overbought or oversold conditions combined with specific trend strength requirements. The EA includes risk management features such as fixed stop loss, take profit, and percentage-based lot sizing. It supports hedging and limits the total number of open positions. Exit logic is flexible, offering signal-based closures or time-based exits after a defined candle period. The repository lacks a README.

Multi-indicator signal logic using MACD, RSI, CCI, and ADX

Time-based exit logic after a defined candle period

Risk management with percentage-based position sizing

Visual indicator panel and on-chart trade signals

Optional hedging for simultaneous buy and sell positions

Details

Author

fastleopard9372 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Mean reversion, Indicator crossover, Hedging

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

Holds opposite positions at once

EA files

Experts/TrendReversalEA.mq5

Source

github.com/fastleopard9372/MQL5

Input parameters

Read from TrendReversalEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`LotSize`	`double`	`0.1`	Lot size
`MagicNumber`	`int`	`12345`	Magic number
`MaxPositions`	`int`	`2`	Maximum positions (1 or 2)
`AllowHedging`	`bool`	`true`	Allow opposite positions
`MACD_Fast`	`int`	`5`	MACD Fast EMA
`MACD_Slow`	`int`	`35`	MACD Slow EMA
`MACD_Signal`	`int`	`9`	MACD Signal SMA
`CCI_Period`	`int`	`14`	CCI Period
`ADX_Period`	`int`	`14`	ADX Period
`RSI_Period`	`int`	`10`	RSI Period
`CCI_Oversold`	`double`	`-100`	CCI Oversold level
`MACD_MinValue`	`double`	`0.0004`	Minimum \|MACD\| value

Show all 35 inputs

Name	Type	Default	Description
`RSI_BuyMax`	`double`	`45`	RSI maximum for buy
`RSI_BuyOversold`	`double`	`30`	RSI oversold level
`ADX_MinStrength`	`double`	`20`	Minimum ADX trend strength
`CCI_Overbought`	`double`	`100`	CCI Overbought level
`RSI_SellMin`	`double`	`55`	RSI minimum for sell
`RSI_SellOverbought`	`double`	`70`	RSI overbought level
`EnableSignalExit`	`bool`	`true`	Enable signal-based exit
`EnableTimeExit`	`bool`	`true`	Enable time-based exit
`MaxCandlesPeriod`	`int`	`200`	Max candles before forced exit
`OnlyProfitableTimeExit`	`bool`	`true`	Only close profitable positions on time
`EnableStopLoss`	`bool`	`true`	Enable stop loss
`StopLossPips`	`int`	`5`	Stop loss in pips
`EnableTakeProfit`	`bool`	`true`	Enable take profit
`TakeProfitPips`	`int`	`70`	Take profit in pips
`MaxRiskPercent`	`double`	`2.0`	Maximum risk per trade (%)
`ShowIndicators`	`bool`	`true`	Show indicator panel
`AddIndicatorsToChart`	`bool`	`true`	Add indicators to chart
`ShowTradeSignals`	`bool`	`true`	Show trade signals on chart
`BuySignalColor`	`color`	`clrLime`	Buy signal color
`SellSignalColor`	`color`	`clrRed`	Sell signal color
`StrictConditions`	`bool`	`true`	Require all conditions to be met
`LogDetailedInfo`	`bool`	`false`	Log detailed condition checks
`Lock2TradingFail`	`bool`	`false`	Lock 2th Trading Fail

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone fastleopard9372/MQL5 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.

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