This repository features a collection of trading tools for MetaTrader 5 and 4, headlined by a comprehensive Trade Manager EA. This manager enables manual execution via keyboard shortcuts and provides automated risk controls, including ATR-based break-even settings and trailing stops. The collection also offers strategy
Collection · MT4
Xurya Algorithmic Trading
Xurya Algorithmic Trading is a collection of MetaTrader 4 expert advisors centered on breakout strategies and volatility analysis.
GitHub stars1
Forks0
Last update6 years ago17 Sep 2020
LicenceNone stated
Overview
The primary EA uses a breakout mechanism with entries filtered by price action across a defined number of bars. It features risk controls including fixed percentage lot sizing based on account balance and dynamic stop loss placement using an Average True Range ATR multiplier. The repository includes several experimental variations such as adaptive and hedging versions though the main code emphasizes single-order management. The README documentation focuses on the developer's personal backtesting milestones.
- ATR-based dynamic stop loss scaling
- Percentage-based risk management
- Volatility squeeze detection
- Breakout entry logic
- Multiple strategy implementations
Details
Author
Xurya on GitHub
Type
Collection
Platform
MetaTrader 4 (MQL4)
Strategy
Breakout, Hedging
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Holds opposite positions at once
Input parameters
Read from Xurya-Breakout.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
risk | double | 0.005 | |
maxBalance | double | 0 | |
slatrScale | double | 3.75 | |
squeezeBars | int | 5750 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Xurya/Xurya-Algorithmic-Trading 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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