XLiquidex: Free MT4 Expert Advisor

Overview

XLiquidex identifies entry signals using Keltner Channel breakouts, Moving Average filters, and a candle body range requirement to verify momentum. The expert advisor includes trade management features such as take profit, stop loss, break-even offsets, and trailing stops. Risk controls feature an equity protection system that monitors account percentage, alongside automated lot sizing based on account risk. It also incorporates time-based filters to restrict trading to specific hours or sessions.

Keltner Channel breakout detection

Adjustable candle body range filter

Account-wide equity protection system

Multi-mode Moving Average filter

Details

Author

m-root on GitHub

Type

Trading robot

Platform

MetaTrader 4 (MQL4)

Strategy

Breakout, Trend following

Markets

Forex

Timeframes

M1-M5, M15-H1

Risk profile

Trades without a fixed stop loss

EA files

xLIQUIDEX_v2_mod1.mq4

Source

github.com/m-root/xLiquidex_V2_Mod1---expert-for-MetaTrader-4

Input parameters

Read from xLIQUIDEX_v2_mod1.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`DispEquityProtection`	`string`	`if true, then the expert will protect the account equity to`
`EquityProtection`	`bool`	`true`	if true, then the expert will protect the account equity to the percent specified
`AverageEquityProtection`	`string`	`percent of the account to protect on a set of trades`
`AccountEquityPercentProtection`	`int`	`75`	percent of the account to protect on a set of trades
`UseMM`	`bool`	`true`	enable/disable auto-calculation for size of lots: false = constant size of lots (value of parameter "Lots"); true = calc
`Lots`	`double`	`0.01`	size of lots (used if UseMM = false)
`MinLots`	`double`	`0.01`
`MaxLots`	`double`	`100000.0`
`Risk`	`double`	`3.0`
`BarAndMA_Mode`	`int`	`0`	2; // (0-3) mode for rule "bullish(bearish) bar should be above(below) MA": 0 = does not use this rule; 1 = Close o
`RangeFilter`	`int`	`10`	(amount pips) minimum body of candle for trading signal
`StopLoss`	`double`	`0`	(amount pips) stop-loss; 0 = without stop-loss

Show all 40 inputs

Name	Type	Default	Description
`TakeProfit`	`double`	`10`	(amount pips) take profit; 0 = without take profit
`MoveToBE`	`double`	`5`	(amount pips) profit when move the stop-loss level to opening price; 0 = without move to BE (option is disabled)
`MoveToBE_Offset`	`double`	`2`	(amount pips) offset of the new level stop-loss from the opening price of order, positive_value = offset to side of prof
`TrailingLimit`	`int`	`3`	(amount pips) distance to pending order
`TrailingDistance`	`int`	`1`	(amount pips) trailing stop; 0 = without trailing-stop
`MAPeriod`	`int`	`7`
`MAShift`	`int`	`0`
`MAMethod`	`int`	`MODE_LWMA`	(0-3)
`MaxSpreadWithCommission`	`double`	`20.0`	(amount pips)
`DefaultCommisionPoints`	`double`	`0`	(amount pips)
`RangeFilterNote`	`string`	`H-S 0-0: 250 0-1: 300 1-0: 80 1-1: 250`
`MAMethodNote`	`string`	`SMA: 0 EMA: 1 SMMA: 2 LWMA 3`
`Slippage`	`int`	`3`	(amount pips) maximum price slippage at open and close orders
`MagicNumber`	`int`	`41403`
`TradeComment`	`string`	`Liquidex_MKH-M15`
`ColorBuy`	`color`	`clrLime`	color arrows of Buy-orders
`ColorSell`	`color`	`clrOrange`	color arrows of Sell-orders
`ShowComment`	`bool`	`true`	enable/disable show comment on chart
`WriteDebugLog`	`bool`	`false`	enable/disable write to log the debug information
`___Keltner_Channel____`	`string`	`---------------------------------------------`
`UseFilterKeltnerChannel`	`bool`	`false`	true = use indicator "Keltner Channels"; false = does not use indicator "Keltner Channels"
`KC_Period`	`int`	`6`	12; // parameter for indicator "Keltner Channels"
`partInRange`	`string`	`sur EURJPY par de trades entre 23h et 2 heures du mat`
`EntryHourFrom`	`int`	`2`
`EntryHourTo`	`int`	`24`
`FridayEndHour`	`int`	`22`
`part_iVAR`	`string`	`Ivar pour supprimer les fausses entrees periods = 5 par de`
`TimeFrameiVAR`	`int`	`1`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone m-root/xLiquidex_V2_Mod1---expert-for-MetaTrader-4 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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