Edelweiss EA is an educational trading robot for MetaTrader 4 that utilizes a multi-indicator framework to generate buy and sell signals. It combines exponential moving averages, stochastic oscillators, the awesome oscillator, ADX, and Bollinger Bands to identify market entries. Trade management includes dynamic ATR-ba
Trading robot ยท MT4
Triple Shield EA
This MetaTrader 4 expert advisor implements a multi-timeframe trading strategy focused on price wave analysis and trendline rebounds.
GitHub stars1
Forks0
Last update3 years ago24 Nov 2022
LicenceNone stated
Overview
Triple Shield EA monitors market deviations across M1, M5, and M15 intervals to identify entry points based on specific wave patterns. The system includes various risk controls such as fixed stop loss and take profit levels, a Fibonacci-based trailing stop, and automated money management. Users can configure the robot to trade based on rebounds or half-wave signals with a maximum order limit to control exposure.
- Multi-timeframe signal analysis from M1 to M15
- Fibonacci-level trailing stop mechanism
- Trendline rebound market play logic
- Automated risk-based position sizing
- Configurable half-wave entry filters
Details
Author
vasiliykulik on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Mean reversion, Multi-strategy, Trend following
Markets
Forex
Timeframes
M1-M5, 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
- src/test/java/ua/sda/testMQ/TS_5.8.mq4
- src/test/java/ua/sda/testMQ/TS_7.3.mq4
- src/test/java/ua/sda/testMQ/TripleShield.mq4
- src/test/java/ua/sda/testMQ/TripleShield_short.mq4
- src/test/java/ua/sda/testMQ/TS_5.6.mq4
- src/test/java/ua/sda/testMQ/TS_5.6_Handling_Position.mq4
- src/test/java/ua/sda/testMQ/TS_5.6_with_H1_Stop.mq4
- src/test/java/ua/sda/testMQ/TS_5.5.mq4
Input parameters
Read from TS_5.8.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
TakeProfit | double | 600 | |
StopLoss | double | 600 | |
externalLots | double | 0.01 | |
TrailingStop | double | 10000 | |
isAutoMoneyManagmentEnabled | bool | false | |
moneyManagement4And8Or12And24_4_Or_12 | int | 12 | |
TrailingFiboLevel | double | 0.236 | |
maxOrders | double | 30 | |
riskOnOneOrderPercent | double | 2 | |
limitSinglePsitionOnOpenOnHalfWaves | bool | false | |
OpenOnHalfWaveUp_M1 | bool | false | |
OpenOnHalfWaveUp_M5 | bool | false |
Show all 18 inputs
| Name | Type | Default | Description |
|---|---|---|---|
OpenOnHalfWaveUp_M15 | bool | false | |
OpenOnHalfWaveDown_M1 | bool | false | |
OpenOnHalfWaveDown_M5 | bool | false | |
OpenOnHalfWaveDown_M15 | bool | false | |
m15_TL_Rebound_MarketPlay_Enabled | bool | true | |
relativeAmplitudePointsGlobal | int | 333 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone vasiliykulik/Signal-Deviation-Analysis 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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