fast in fast out strategy
Info
The fast in fast out strategy is a Expert Advisor for MetaTrader 4 that we have a free ea base on an idea here for you. fifo strategyhow 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.
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 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.
What this tool does
we have a free ea base on an idea here for you.
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: Simple Scalping Expert Advisor for Fast Price Movements - another powerful expert for MetaTrader 4 traders.
we have a free ea base on an idea here for you.
Also recommended: visual trader simulator edition - similar expert with strong performance on MetaTrader 4.
fifo strategyhow 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
You may also like: Martini - excellent alternative for expert users on MetaTrader 4.
Source Code
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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.