Vega Bot: Free MT4 Expert Advisor

Overview

Developed for the EURUSD five-minute timeframe, the system uses ATR for volatility measurement and calculates lot sizes based on a risk percentage. The codebase mentions genetic algorithm optimization, although the repository documentation primarily describes an external Python and Telegram infrastructure. The EA manages market entries and exits through indicator-based logic with customizable thresholds. Users should note the default stop loss setting is zero.

RSI and MACD signal filters

Ichimoku Kumo Cloud integration

ATR-based risk management

Genetic algorithm optimized parameters

Details

Author

VegaAISolutions on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover, Trend following, AI / machine learning

Markets

Forex

Timeframes

M1-M5

Risk profile

Trades without a fixed stop loss

EA files

app/vegatrading/MTRelated/MQLScripts/vegabot.mq4

Source

github.com/VegaAISolutions/VegaAI

Input parameters

Read from vegabot.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default
`VegaBot`	`string`	`EURUSD Price action system with optional RSI, MACD, and Ichi`
`OPERATIONAL_MODE`	`int`	`OPERATIONAL_MODE_TRADING`
`TRADE_COMMENT`	`string`	`VegaBot V4Beta`
`INSTANCE_ID`	`int`	`91337`
`MM_SETUP`	`string`	`Money Management Settings`
`ATR_PERIOD`	`int`	`5`
`RISK`	`double`	`0.01`
`TAKE_PROFIT`	`double`	`0.05`
`STOP_LOSS`	`double`	`0`
`TRADE_SETUP`	`string`	`Trade Filter Settings`
`USE_RSI`	`int`	`1`
`USE_MACD`	`int`	`1`

Show all 32 inputs

Name	Type	Default	Description
`USE_ICHIMOKU`	`int`	`1`
`USE_KUMOMOD`	`int`	`1`
`Ichimoku_Setup`	`string`	`Ichimoku Settings`
`Tenkan`	`int`	`159`	9 Tenkan line period. The fast "moving average".
`Kijun`	`int`	`86`	26 Kijun line period. The slow "moving average".
`Senkou`	`int`	`152`	52 Senkou period. Used for Kumo (Cloud) spans.
`kumoThreshold`	`int`	`7`	minimum size of kumo to open an order
`MACD_SETUP`	`string`	`MACD Settings`
`MACDOpenLevel`	`double`	`0`
`MACDCloseLevel`	`double`	`5`
`FastEMA`	`int`	`12`	Fast EMA Period
`SlowEMA`	`int`	`26`	Slow EMA Period
`SignalSMA`	`int`	`9`	Signal SMA Period
`MATrendPeriod`	`int`	`7`
`RSI_Setup`	`string`	`RSI entry and exit settings`
`RSI_PERIOD`	`int`	`7`
`RSI_LONG`	`int`	`64`
`RSI_SHORT`	`int`	`36`
`RSI_LONGEXIT`	`int`	`36`
`RSI_SHORTEXIT`	`int`	`64`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone VegaAISolutions/VegaAI 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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