XAUUSD ProBot identifies market direction using an Exponential Moving Average crossover on the hourly chart and executes trades on the M15 chart during pullbacks to short-term moving averages. Risk management features include fixed lot sizing, customizable stop loss and take profit levels, and a break-even trigger. The expert advisor also includes filters for spread, specific trading hours, and minimum volatility via the Average True Range indicator. Documentation is not provided in the repository.
Read from XAUUSD_ProBot_Bot.mq4. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
LotSize
double
0.01
StopLossPoints
int
300
TakeProfitPoints
int
600
MaxSpreadPoints
int
80
Slippage
int
10
MagicNumber
int
20260316
TrendTimeframe
ENUM_TIMEFRAMES
PERIOD_H1
FastEMA
int
50
SlowEMA
int
200
PullbackEMA1
int
20
PullbackEMA2
int
50
ATRPeriod
int
14
Show all 18 inputs
Name
Type
Default
Description
MinATR
double
2.0
StartHour
int
0
EndHour
int
24
UseBreakEven
bool
true
BreakEvenTriggerPoints
int
300
BreakEvenLockPoints
int
50
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone KodaL0/MT4-ExpertAdvisor 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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