Order Manage EA
This tool for MetaTrader 4 is specifically engineered to streamline your trading operations. 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 Order Manage 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
This is a percentage of the user set stop-loss or profit robot. When an inch head floating profit reached the level set will run close,I hope it helps manage your money.
Input parameters:
ManageAllSymbol : true to manage all varieties inch head, false representation only for the species as a chart-inch head;
UseStopLoss : true that the use of stop-loss percentage, false representation does not use stop-loss percentage;
StopLossPercent : Said loss account balance reached 0.02 (based on personal money management changes need to) stop when open;
UseTakeProfit : true that the use of percentage of profit only, false profit percentage said they did not use only;
TakeProfitPercent: Said floating account balance surplus reached 0.06 (based on personal money management changes need to) take profit when open.
Sorry for my English,I wish you a smooth translaction.