Aeron Expert Advisor
This tool for MetaTrader 4 is specifically engineered to streamline your trading operations. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Aeron Expert Advisor
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
Description & Settings
Aeron Expert Advisor works on martingale technique, but the best thing is that all parameters are customisable beyond your imagination.
Please look at following image of its parameters:
What minimum amount you should have in your account for Aeron Expert Advisor?
Say the minimum lots allowed by your broker is 0.01 and it needs $1 to open 0.01 lots at 100:1 leverage, then you should have $1 x 75=$75 in your account for safe trading. On the other hand as in case of AlpariUK, it needs approx $13.5 to open the minimum lots size 0.10 at 100:1 levergae, so there should be atleast $13.5 x 75=$1012 in the account.
This is only a recommandation message for safety purpose, it doesn't affect the working of Expert Advisor.
Recommendations Time frame & Currency Pair:
EURUSD on 1-minute Time Frame.
If you want to understand above parametrs in more details then please .