EA Smart Ass Trade
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 EA Smart Ass Trade
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
This is the last EA that I created, and I want to share to friends traders.
This EA uses alert sound when making or take profit orders or loss, therefore that the sound alerts working properly, please copy the sound file that I include it into the sound MT4 folder. Picture proof that a performance of EA SmartAssTrade, is trading on MT4 ECN broker (3 and 5 digits after the decimal point).
I do this trade using EA SmartAssTrade, on the evidence of images ranging from the date of February 12, 2014, from my computer, and only 2 times a week I switch so that EA can make a new order. This EA just using a very simple formula, but according to my experience, the formula was accurate enough to make a profit.
EA is used on all timeframes and all currency pairs, except Gold and Index (EURX or USDX). So, May be useful for traders who want to succeed. I've done an last update (2014-02-28) for EA SmartASSTrade (especially on the default setting that is easily understood on setting default, and discard unused variable).
EA SmartAssTrade (Update_2)
I hope this update can help you to analyze this EA when running.
