frank ud
Info
The frank ud is a Expert Advisor for MetaTrader 4 that at least one position is opened in each direction. open two counterpositions with minimal volumes.
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 frank ud
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
at least one position is opened in each direction.
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: cycle market order(gr i d tr a d e co d e) - another powerful expert for MetaTrader 4 traders.
at least one position is opened in each direction. open two counterpositions with minimal volumes. one becomes profitable, the other loses.Also recommended: macd 1 min scalper - similar expert with strong performance on MetaTrader 4.
the profitable position is closed by takeprofit, while the losing position is strengthened by adding lots at regular intervals. if the trend persists, strengthen again. eventually, the trend will reverse.
each strengthening step doubles the volume. after the trend reversal, the last losing position, closed by takeprofit, ensures a positive result. the process repeats: open with minimal volume, then strengthen as described.
the initial deposit should cover all steps. on usdchf, the volume ranged from 0.1 to 25.6 (with 9 strengthening steps made 4 times in 2026), requiring a starting deposit of $50000 or more.
You may also like: linear regression channel - excellent alternative for expert users on MetaTrader 4.
Source Code
#define m 20050611
extern int tp = 65;
extern int sh = 41;
datetime lastt;
int kol_buy()
{
int kol_ob = 0;
for(int i = 0; i < orderstotal(); i++)
{
if(orderselect(i, select_by_pos, mode_trades) == false) .......
⚠ 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.