This MetaTrader 4 expert advisor functions as an automated trading robot using the Average Directional Index (ADX) to identify trend strength and direction. It executes trades based on ADX crossovers and specific level thresholds. The EA provides essential risk management tools, including stop loss, take profit, and a
Trading robot · MT4
Triple Cross EA
This MetaTrader 4 expert advisor implements a trend-following strategy based on the alignment or crossover of three distinct moving averages.
GitHub stars1
Forks0
Last update3 years ago13 Aug 2023
LicenceNone stated
Overview
Users can configure the period, method, and price source for fast, medium, and slow averages. The robot manages risk using dynamic stop loss and take profit levels calculated from the Average True Range (ATR) with adjustable multipliers. It includes a built-in trailing stop mechanism and operates on a per-bar basis for entry signals. The repository is missing documentation, but the code reveals a modular structure with separate filter and trailing classes.
- Triple moving average crossover logic
- ATR-based dynamic stop loss and take profit
- Automated trailing stop management
- Fixed lot sizing and custom magic number
- Modular filter and trade management system
Details
Author
Jmubarak on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Indicator crossover, Trend following
Markets
Forex
Timeframes
M15-H1
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 TriplecrossEA.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpFastMAPeriod | int | 5 | |
InpFastMAMethod | ENUM_MA_METHOD | MODE_SMA | |
InpFastMAPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | |
InpMediumMAPeriod | int | 8 | |
InpMediumMAMethod | ENUM_MA_METHOD | MODE_SMA | |
InpMediumMAPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | |
InpSlowMAPeriod | int | 13 | |
InpSlowMAMethod | ENUM_MA_METHOD | MODE_SMA | |
InpSlowMAPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | |
InpATRPeriod | int | 8 | |
InpStopLossMultiplier | double | 2.0 | |
InpTakeProfitMultiplier | double | 2.0 |
Show all 17 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpStopLossMinPips | double | 25.0 | |
InpTakeProfitMinPips | double | 25.0 | |
InpOrderSize | double | 1.0 | |
InpTradeComment | string | TripleCross | |
InpMagicNumber | int | 201371 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Jmubarak/Forex-Trading-EA 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.
Similar expert advisors
SuperMao is an automated trading robot for MetaTrader 4 that executes trades based on technical indicator configurations. The repository includes variations of the strategy, specifically utilizing Ichimoku Kinko Hyo for trend identification and a combination of Bollinger Bands with MACD crossovers for momentum-based en
This MetaTrader 4 expert advisor is an automated trading system designed for technical analysis using trend and momentum indicators. It incorporates multiple exponential and simple moving averages, RSI with integrated smoothing periods, and MACD. The EA manages risk through dynamic lot sizing based on account percentag
This expert advisor for MetaTrader 4 automates trading using five Exponential Moving Average periods to determine market direction. The developer notes an integration between C# and MQL4 for its operation. It manages trades with fixed stop loss and take profit parameters, ensuring each position has defined risk boundar
Max Profit is a trend-following expert advisor for MetaTrader 4, specifically optimized for the M1 timeframe. It utilizes a combination of technical indicators, including Parabolic SAR and MACD, to identify market trends and execute trades. The software includes dedicated modules for lot management, symbol analysis, an
This MetaTrader 4 expert advisor implements a classic moving average crossover strategy to automate trade entries. The robot monitors two user-defined simple moving averages of different periods. It enters a trade when the faster moving average crosses above or below the slower moving average on a new bar. Risk managem
Need a broker for MT4?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers