Geedo Trading Indicator (1H)
Info
The Geedo Trading Indicator (1H) is a Expert Advisor for MetaTrader 4 that geedo indicator (1 hour timeframe)the geedo indicator is specifically designed for use on the 1-hour timeframe. It is optimized for long-only trading strategies on this particular timeframe.
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 Geedo Trading Indicator (1H)
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
Geedo Indicator (1 Hour Timeframe)The Geedo indicator is specifically designed for use on the 1-hour timeframe.
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: e-news-lucky$ - automated news trading expert advisor - another powerful expert for MetaTrader 4 traders.
Geedo Indicator (1 Hour Timeframe)Also recommended: Trade from Lines (e-tfl) - Advanced Line Trading Expert Advisor - similar expert with strong performance on MetaTrader 4.
The Geedo indicator is specifically designed for use on the 1-hour timeframe.
It is optimized for long-only trading strategies on this particular timeframe.
Key Features:
- Optimized for 1-hour charts.
- Focuses on long positions only.
Source Code
int takeprofit_l = 39; // take profit in points
int stoploss_l = 147; // stop loss in points
extern int takeprofit_s = 15; // take profit in points
int stoploss_s = 6000; // stop loss in points
extern int tradetime=18; // time to enter the market
int t1=6;
int t2=2;
int delta_l=6;
int delta_s=21;
double lot = 0.01; // lot size.......
⚠ 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.