cidomo

cidomo
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cidomo

Info

The cidomo is a Expert Advisor for MetaTrader 4 that theclaithe strategy of this ea is place buy and sell pending orders for daily breakout which is compare previous high or low previous day candle.

Usage

This tool is typically used for automated trading on major forex pairs and gold.

Platform

This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.


How to Install and Use cidomo

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.

What this tool does

theclaithe strategy of this ea is place buy and sell pending orders for daily breakout which is compare previous high or low previous day candle.

Typical Use Case

This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.

Compatible Platform & Setup

This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.

Description & Settings

Related: proper bot - another powerful expert for MetaTrader 4 traders.


theclai
the strategy of this ea is place buy and sell pending orders for daily breakout which is compare previous high or low previous day candle

Also recommended: close all orders by current symbol - similar expert with strong performance on MetaTrader 4.

Source Code

#property link "https://robotfx.org"
extern int    delta                       = 0;
extern double maxbars                     = 31.8;
extern int    slippage                    = 3;
extern string settings                    = "----- settings -----";
extern string robotname                   = "cidomo_v1";
extern bool   usetimefilter               = true;
extern string timeset                     = "09:00";
extern bool   openstop                    = true;
extern color  color_bar                   = red;

.......

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Limitations & Risk Warning

  • This tool is provided for educational and testing purposes only.
  • Past performance does not guarantee future results.
  • Trading involves substantial risk of loss. Use on a demo account first.
  • Results may vary depending on market conditions, broker, and settings.
  • We recommend thorough backtesting and forward testing before using with real funds.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.