Trading robot · MT4

XAUUSD ProBot

by KodaL0

This automated trading system for MetaTrader 4 is specifically designed for Gold (XAUUSD) on the fifteen-minute timeframe.

GitHub stars1
Forks0
Last update6 months ago26 Mar 2026
LicenceNone stated

Overview

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.

Details

Author

KodaL0 on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Indicator crossover

Markets

Gold

Timeframes

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.

Input parameters

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

NameTypeDefaultDescription
LotSizedouble0.01
StopLossPointsint300
TakeProfitPointsint600
MaxSpreadPointsint80
Slippageint10
MagicNumberint20260316
TrendTimeframeENUM_TIMEFRAMESPERIOD_H1
FastEMAint50
SlowEMAint200
PullbackEMA1int20
PullbackEMA2int50
ATRPeriodint14
Show all 18 inputs
NameTypeDefaultDescription
MinATRdouble2.0
StartHourint0
EndHourint24
UseBreakEvenbooltrue
BreakEvenTriggerPointsint300
BreakEvenLockPointsint50

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone KodaL0/MT4-ExpertAdvisor from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 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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