Extracted algorithm research record
Indicator Auto Trader MT4
Turns any indicator into an Expert Advisor by reading its signals and executing trades based on them.
Source & extraction context
Evidence label: backtest_shown (source claim, not independent verification). Recorded completeness: 50.0/100. Neither is a performance result.
Names identify source records. Inclusion is not an endorsement or a claim of authorship, ownership or reuse permission. Check the source license before reusing any implementation.
Extraction warnings
Opacity warnings
- UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.
Build warnings
- MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.
Recorded market & execution profile
- Recorded markets
- XAUUSD
- Recorded timeframes
- M5
- Recorded sessions
- London and New York time through the summer time changes
- Recorded regime
- any
Recorded indicators & parameters
| Indicator | Parameters | Applied to |
|---|---|---|
| No indicator stack was recorded. This does not establish a price-action-only strategy. | ||
Extracted strategy rules
Recorded long-entry rules
- Buy when the indicator shows a buy signal
Recorded short-entry rules
- Sell when the indicator shows a sell signal
Recorded exit rules
- Stop loss and take profit are set by the user
Recorded filters
- daily loss, daily profit target, maximum drawdown, maximum trades per day, losing trades in a row, spread filter, trading hours, weekdays, trend filter, ADX minimum, flat-market filter, too-wild filter, basket close, close on Friday, broker-side stop loss
- Stop loss
- none, points, ATR multiple, signal bar low/high, last N bars low/high, price in indicator buffer
- Take profit
- none, points, reward/risk ratio, ATR multiple, price in indicator buffer, partial take profits with break-even, trailing stop (points or ATR, start, step), close after N bars
- Position sizing
- fixed lot, percent of balance/equity, money amount, lot that grows with balance
Questions about this record
What entry rules are recorded for Indicator Auto Trader MT4?
Long: Buy when the indicator shows a buy signal Short: Sell when the indicator shows a sell signal These are unverified extracted rules.
Which markets and timeframes are recorded?
Markets: XAUUSD. Timeframes: M5. These are source-recorded labels, not verified execution behavior.