Trading robot · MT5

Zone Entry

by junmt

Zone Entry is a MetaTrader 5 expert advisor that automates the placement of multiple limit orders within a calculated price zone, a technique described as chumming.

High risk

GitHub stars1
Forks0
Last update2 years ago7 Jul 2024
LicenceMIT
Latest releasev1.062 years ago

Overview

Zone Entry utilizes the Average True Range on the H1 timeframe to determine the spacing and breadth of entries based on manual price inputs. The EA manages open positions by attempting to keep the most favorable trade while closing others at a small break-even profit. It includes risk controls for stop loss, take profit, trailing stops, and lot scaling. The developer notes that certain exit calculations may be unreliable.

Details

Author

junmt on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Grid, Mean reversion, Martingale

Markets

Any symbol

Timeframes

M15-H1

Risk profile

  • Uses martingale lot scaling: losses can grow fast
  • Opens a grid of orders: exposure builds up in a trend

EA files

Input parameters

Read from ZoneEntry.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
InpStopLossdouble10.0最も不利なポジションからのストップの?
InpTakeProfitdouble100.0自動利益確定(pips)
InpTrailingStopdouble50.0トレーリングストップ(pips)
AutoLotboolfalseロットサイズ自動計算 (percent from a free margin)
Riskdouble10ロットサイズを計算するためのリスク(%)
ManualLotsdouble0.01ロットサイズ(手動の場合のみ)
LotRatiodouble1.1ロットサイズの比率
m_magiculong65127841Magic number
TradeCommentstringZoneEntry注文のコメント欄の?
InpSlippageulong1許容するスリッページ(pips)
MaxOrdersint10ポジションの数
max_positionint1有利なポジションを残す数
Show all 17 inputs
NameTypeDefaultDescription
breakEvendouble3.0不利なポジションを決済する際の利益(pips)
TimeFrameENUM_TIMEFRAMESPERIOD_H1注文の値?
IsManualOrdersAndPositionsboolfalse手動トレードの注文に対しても処理を行う
isShowSymbolNamebooltrueシンボル名を表示する
isDebugMessagebooltrueデバッグ用のメッセージを表示する

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone junmt/ZoneEntry from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 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.

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