MA Mirror EA
This professional-grade solution for MetaTrader 4 helps traders achieve greater efficiency in their daily workflow. 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 MA Mirror EA
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
The more complicated functions are in the include file ea.mhq and serve for all my expert advisors. The start() functions checks the order, calls the function which does trailing stop loss and such then calls the function Signal() to find out if the indicator part of the EA wants something to have done, it than acts acording to the Signal. Signal() returns -1 or OP_BUY/OP_SELL if it wants to sell or buy.
You can simple modify the Signal() to do what you want, for example a different indicator, always buy or sell or even use a random number gernerator (I use all of them in order to see if the expert is better than simply buying or selling (in a trend) or random).
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There was an error in FindOrders (I accidently removed a line) New feature: BreakEven, if indicator is 20 pips in plus, it sets stop loss to be 0
