Heiken Ashi Naive is a trading robot for MetaTrader 4 and 5 that executes trades based on Heiken Ashi candle characteristics, including body length and wick presence. It evaluates candle sequences to enter positions and can be configured to either follow the trend or operate in an inverted mode for mean-reversion. Risk
Trading robot · MT4
Wise Chaos Crypto
Wise Chaos Crypto is an automated trading robot for MetaTrader 4 designed primarily for cryptocurrency markets.
GitHub stars1
Forks0
Last update5 years ago6 May 2021
LicenceMIT
Overview
Wise Chaos Crypto utilizes elements of Bill Williams' Chaos theory, specifically the Alligator indicator and Fractals, to identify entries and manage exits. The system scans a user-defined number of bars for divergent price signals to trigger trade reversals. Risk is managed through a built-in fractal-based trailing stop and fixed lot sizing. The README documentation is minimal, and the expert advisor relies on standard technical indicators to navigate market volatility.
- Alligator indicator integration
- Fractal-based trailing stop
- Configurable historical bar scanning
- Divergence-based reversal signals
Details
Author
marioluk on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Trend following, Mean reversion
Markets
Crypto
Timeframes
Any timeframe
Risk profile
- Trades without a fixed stop loss
EA files
Input parameters
Read from WiseChaosCrypto.1.0.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
shiftAB | int | 10 | shiftAB apertura ordine in Ask/Bid |
FractalLimit | int | 7 | limiteFrattali |
UseWiseChaosCrypto | bool | true | |
lotSize | double | 0.01 | Dimensione Ordine |
magic | int | 03052021 | magic number |
BarsToScan | int | 100 | Bars To Scan (10=Last Ten Candles) |
EnableTrailingParam | bool | true | Enable Trailing Stop |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone marioluk/WiseChaosCrypto 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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