Trading robot · MT5

Volume Price Change EA

by EA31337

This MetaTrader 5 expert advisor implements a trading strategy based on the Volume Price Change oscillator.

GitHub stars1
Forks1
Last update6 years ago20 Jul 2020
LicenceNone stated

Overview

Developed as a module for the EA31337 framework, it supports simultaneous operation across multiple timeframes using a bitmask input. The EA focuses on the relationship between price movement and volume to identify entry points. It features an on-chart information display and configurable logging levels. As the repository provides no README, users must rely on the framework's internal logic for trade execution and risk management, which includes standardized handling of orders.

Details

Author

EA31337 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Mean reversion

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.

Input parameters

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

NameTypeDefaultDescription
Active_Tfsint16Activated timeframes (1-255) [M1=1,M5=2,M15=4,M30=8,H1=16,H2=32,H4=64...]
Log_LevelENUM_LOG_LEVELV_INFOLog level.
Info_On_ChartbooltrueDisplay info on chart.

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone EA31337/Strategy-Volume_Price_Change from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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