ZweiDrittel MQL4 EA Collection: Free MT4 Expert Advisor

Overview

The primary strategy, BearishEngulfing, utilizes price action to identify specific candlestick patterns for executing sell orders. It includes essential risk management parameters such as fixed lot sizing, stop loss, take profit, and slippage control. The collection also features standard algorithmic templates including MACD and Moving Average crossovers. As the repository lacks a README, users must examine the individual source files to understand specific execution logic and configuration options for each included tool.

Bearish engulfing price action recognition

Standard moving average and MACD samples

Configurable stop loss and take profit

Magic number support for order tracking

Details

Author

ZweiDrittel on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

SMC / ICT / price action, Indicator crossover

Markets

Any symbol

Timeframes

Any timeframe

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.

EA files

Source

github.com/ZweiDrittel/MQL4

Input parameters

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

Name	Type	Default	Description
`sep1`	`string`		Trades Options ...................................
`MagicNumber`	`int`	`9813658`	Magic Number
`Lots`	`double`	`0.1`	Lot Size
`StopLoss`	`double`	`3`	Stop Loss (0 = Disable)
`TakeProfit`	`double`	`3`	Take Profit (0 = Disable)
`Slippage`	`int`	`1`	Max. Slippage

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone ZweiDrittel/MQL4 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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