oblomov

oblomov
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oblomov

Info

The oblomov is a Expert Advisor for MetaTrader 4 that the title contains the idea based on observations of the market regularities. it has been written for the chf/usd pair.

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 oblomov

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

the title contains the idea based on observations of the market regularities.

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: exaccount: visualize order activity on chart - another powerful expert for MetaTrader 4 traders.


the title contains the idea based on observations of the market regularities. it has been written for the chf/usd pair. timer: 1hour. triggering timer: only monday 9-00 belarusian time. with the set stop loss and take profit it had worked in 2007.

Also recommended: arbitrage - similar expert with strong performance on MetaTrader 4.

description: at 9-00 belarussian time (10-00 moscow) opening price of an hourly candle is greater that (h+l + c )/3 of the previous 8-00 candle - buy, and vice versa. do not enter the market at equal values. online operation time is 10 minutes once a week - on monday, hence the name. when testing, change the stop loss and take profit to new specified values. it is possible to set lot size increase based on the deposit. feature - in 2007, it did not repeat consecutive loss trades, which allowed to double the lot after them, thus decreasing the losses.

You may also like: 1 ma - excellent alternative for expert users on MetaTrader 4.

Source Code

extern double lots=0.1;
extern int opentime=9;
extern int stoploss=50;
extern int takeprofit=20;
extern double initequity=600;
extern double deltaequity=300;
extern double initlots=0.4;
extern double deltalots=0.2;
datetime timen;
int init()

.......

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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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.