Trading robot · MT4

XGBoost FX Trading

by ytanaka6174

This expert advisor for MetaTrader 4 utilizes a bridge to the R programming environment to implement machine learning for currency trading.

GitHub stars1
Forks1
Last update8 years ago31 Jul 2018
LicenceNone stated

Overview

XGBoost FX Trading leverages pre-trained XGBoost models to identify trade opportunities based on technical features such as Average True Range, Bears Power, and Bulls Power indicators. The robot monitors price action using moving average filters before querying the model for buy or sell signals. Trade management is handled through automated trailing stops and take profit targets. Users must maintain a local R installation to facilitate the data exchange between platforms.

Details

Author

ytanaka6174 on GitHub

Type

Trading robot

Markets

Forex

Timeframes

M1-M5, 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 xgboost_ea_pattern.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
R_commandstringC:\Program Files\R\R-3.4.1\bin\i386\Rterm.exe --no-save
R_debuglevelint2debug level for Rinit

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone ytanaka6174/fx_trading 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.
  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.

Similar Expert Advisors

44 stars

This Expert Advisor for MetaTrader 5 is specifically designed for XAUUSD trading on the M1 timeframe. It utilizes a hybrid strategy combining classic technical indicators like RSI, Moving Averages, and ATR with an OpenAI API integration for signal validation. The robot features an on-chart dashboard for telemetry and i

MT5 Trading robot ScalpingTrend followingAI / machine learning
Updated 6 months ago None stated GitHub repository of Gold EA MT5 With OpenAI

Conquest EA

by MunchonGithub
1 stars

Conquest EA is a self-adjusting expert advisor for MetaTrader 5 that utilizes Smart Money Concepts such as Fair Value Gaps and Break of Structure for entries. It features a built-in learning module that evaluates its own trade outcomes to adjust strategy weighting and confidence in real-time. Risk management includes a

MT5 Trading robot SMC / ICT / price actionAI / machine learningTrend following
Updated 2 months ago Apache-2.0 GitHub repository of Conquest EA

Conquest Platinum SMC EA

by MunchonGithub
1 stars

This MetaTrader 5 expert advisor implements a comprehensive Smart Money Concepts strategy, detecting market structure shifts through Break of Structure and Change of Character events. It monitors Fair Value Gaps and liquidity sweeps to identify entry points across multiple timeframes. The system offers several executio

MT5 Trading robot SMC / ICT / price actionScalpingTrend following
Updated 4 months ago Apache-2.0 GitHub repository of Conquest Platinum SMC EA

SmartScalper Pro AI

by sudesahin0005-bot
1 stars

SmartScalper Pro AI is an automated scalping robot for the MetaTrader 5 platform that utilizes neural network-based decision making alongside pattern recognition. It calculates trade signals using a weighted combination of multiple technical indicators, including RSI, ATR, MACD, Bollinger Bands, Stochastic, and several

MT5 Trading robot AI / machine learningScalpingTrend following
Updated 2 months ago None stated GitHub repository of SmartScalper Pro AI

Gold Sniper Scalper

by Zaibten
1 stars

The Gold Sniper Scalper is an automated trading robot designed for MT5, specifically optimized for scalping gold (XAUUSD). The EA employs technical analysis using indicators like exponential moving averages (EMA), RSI, and ATR for entries, with optional multi-timeframe (MTF) trend confirmation across M5 and M15 charts.

MT5 Trading robot Trend followingScalpingIndicator crossover High risk
Updated 5 weeks ago None stated GitHub repository of Gold Sniper Scalper

Conservative Scalper EA

by NadirAliOfficial
10 stars

Conservative Scalper EA is a MetaTrader 4 robot designed for intraday scalping on major currency pairs such as EURUSD, GBPUSD, and USDJPY. It determines market bias on the M15 timeframe using dual Exponential Moving Averages and enters trades on the M5 chart based on RSI levels and candle breakouts. The system prioriti

MT4 Trading robot ScalpingTrend followingBreakout

More AI EAs

Related on ForexR

Need a Broker for MT4?

Compare regulated brokers that support MT4, with spreads, minimum deposits and leverage side by side.

Compare MT4 brokers