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This collection of MetaTrader 5 expert advisors focuses on mean-reversion and breakout strategies for gold (XAUUSD) on the M1 timeframe. The primary logic identifies statistical extremes using Z-Score calculations to trade price snap-backs. It includes a TickRobust variant designed to filter execution noise and a dual-
Collection · MT5
YT Forex Bots Collection
This repository provides a collection of MetaTrader 5 expert advisors designed to automate strategies discussed on the author's YouTube channel.
GitHub stars2
Forks1
Last update3 years ago5 Mar 2023
LicenceMIT
Overview
The scripts primarily target synthetic indices such as Boom and Crash. The logic involves monitoring price spikes and technical indicators including ATR, RSI, and Moving Averages. Risk management is handled through fixed lot sizing and a candle-count exit strategy, where trades automatically close after a user-defined number of bars. The documentation is minimal, as the repository serves as a code companion to video tutorials.
- Specialized for Boom and Crash synthetic indices
- Time-based trade exits using candle counts
- Indicator integration with ATR and RSI
- Configurable fixed lot sizing and magic numbers
Details
Author
wamaithaNyamu on GitHub
Type
Collection
Platform
MetaTrader 5 (MQL5)
Strategy
Mean reversion, Breakout
Markets
Indices
Timeframes
M1-M5, M15-H1
Risk profile
- Trades without a fixed stop loss
EA files
- 3-how-to-trade-crash-1000-index-successfully-without-loss--ForexSuccess/Crash.mq5
- 3-how-to-trade-crash-1000-index-successfully-without-loss--ForexSuccess/Boom.mq5
- 2-boom-and-crash-take-trades-after-spike/boomTakeTradeAfterSpike.mq5
- 2-boom-and-crash-take-trades-after-spike/crashTakeTradeAfterSpike.mq5
- 1-spikes-and-candles-on-all-tf/spikeAndCandles.mq5
Input parameters
Read from Crash.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
lotSizeInput | double | 0.2 | |
magicNumber | ulong | 1234 | |
candlesToStayInTrade | int | 6 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone wamaithaNyamu/YTFOREXBOTS from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 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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