KN U X
This professional-grade solution for MetaTrader 4 helps traders achieve greater efficiency in their daily workflow. 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 KN U X
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
The EA uses ADX, CCI, RVI, WPR and EMA. It works with all Timeframes, the BEST is M1.
The idea is to work with a trigger. Often come indicators signals, although the trend is not yet received. This is where the trigger and start the trade if the trend arrives.
The EA can trade with trigger, without trigger and both.
To optimize one proceeds as follows:
Set only ADX Strategy to "true", the WPR-Strategy "false";
Trigger and More Trades on "false";
Optimize "Main signal" settings and ADX Strategy settings;
ADX Strategy set to "false" and WPR-Strategy on "true";
Optimize "WPRSignal" Settings;
Enable trigger and optimize MA_Trigger values (when you like trade on trigger);
Enable "More Trades" (when you like trade with and without trigger);
It will works on all time frames. When the trigger is activated, the EA only works with trigger-signals and uses the EMA for the trade. If More-trades is active, the EA works with signals with and without trigger.
if you have a good set-file found, mail me and I gladly exchange with you set-Files.
If you know improvements, mail me and I'll try to fruition this.
if you find errors, mail me and I'll try to fix them.
FOR BACKTESTING YOU SHOULD HAVE A MODELLING QUALITY FROM 99.90% AND TEST IT ON EVERY TICK!!!
Strategy Tester Report
KNUX_1.0
XM.COM-Demo (Build 670)
