Fast In Fast Out Strategy
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 Fast In Fast Out Strategy
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
We Have A free EA base On an Idea here for you.
FIFO strategy
HOW it works:
When a candle move more than a special size (volatility in input parameter) then we have a big/fast market movement for symbol price... so we use stop orders type to catch this big/fast movement. yes its easy strategy and it has a big potential to be better.
When all the market movement makes you have lost, This ea makes a good profit with a little profit with many orders in a short time Just on a Candle.
When ex: M15 or better in H1 time frame a candle moves fast as I need it or have a good change in price about over the 200 points this is a good choice to enter the market with a thiny order.
We make this Idea to an EA free.
if you have any question, any Idea to have better ea im here:
Enjoy
Recommendations:
Use ECN account with smalest posible spread.
H1 Timeframe / EURUSD and GBPUSD have best result.
Work on strategy to have better result in real market.
Add input parameter to limit maximum orders taken in a candle
See the result:
if you have better idea to have better one leave me a message.
Remember, this program is an idea and needs to be improved.Do not use this program on real market
