Doctor EA: Trend Following Expert Advisor
Info
The Doctor EA: Trend Following Expert Advisor is a Expert Advisor for MetaTrader 4 that doctor ea is a trend-following expert advisor that utilizes the moving average 400 indicator to identify the trend direction. It is also integrated with the Slope Direction Line indicator for enhanced signal generation.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
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 Doctor EA: Trend Following 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.
What this tool does
Doctor EA is a trend-following expert advisor that utilizes the Moving Average 400 indicator to identify the trend direction.
Typical Use Case
This Expert Advisor excels in trend following 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: MD Scalper EA: Trend/Reversal Scalping with Trailing Stop - another powerful expert for MetaTrader 4 traders.
Doctor EA is a trend-following expert advisor that utilizes the Moving Average 400 indicator to identify the trend direction.Also recommended: lx eurjpy: an adaptive trend-following expert advisor - similar expert with strong performance on MetaTrader 4.
It is also integrated with the Slope Direction Line indicator for enhanced signal generation.The expert advisor includes a configurable trailing stop loss feature, which can be enabled or disabled through the EA's properties.
User feedback is highly valued for continuous improvement. Please share your experiences, suggestions, or any concerns to help refine the performance of Doctor EA.
You may also like: forces momentum: trend determination tool - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
input double lotsize = 0.01;
input int stoploss = 70;
input int takeprofit = 40;
input int magic = 280456;
input bool trailingstop = true;
int oninit().......
⚠ 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.