parallel strategies example
Info
The parallel strategies example is a Expert Advisor for MetaTrader 4 that parallel strategies is an expert advisor based on many strategies that work in parallel mode (each strategy has its own magic number, time to trade, stop loss, take profit, trailing stop, money management, entry rules, exit rules). each strategy is a unique instance of a class "ea".
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 parallel strategies example
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
parallel strategies is an expert advisor based on many strategies that work in parallel mode (each strategy has its own magic number, time to trade, stop loss, take profit, trailing stop, money management, entry rules, exit rules).
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: viva las vegas betting strategies ea - another powerful expert for MetaTrader 4 traders.
parallel strategies is an expert advisor based on many strategies that work in parallel mode (each strategy has its own magic number, time to trade, stop loss, take profit, trailing stop, money management, entry rules, exit rules). each strategy is a unique instance of a class "ea" .
Also recommended: Lego EA or Panel of Switches for Automating Strategies - similar expert with strong performance on MetaTrader 4.
strategies used in this ea:moving average crossover, macd breakout, heiken ashi color change, heiken and macd (combo). you have the ability to choose which strategy to run or you can use all of them.other files: heiken_ashi_smoothed.mq4 (indicator).
the idea of this expert advisor is to help new mq4 coders understand the basic functionallity of strategy development. this ea is like a template and can be optimised anytime. any new classes can be added (like hedging positions, martingale and more) and can be related to the class "ea".
You may also like: bounce number for grid/martingale strategies lot sizing/order count set - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#import "stdlib.ex4"
string errordescription(int e);
#import
#define use true
#define dontuse false
#define nothing 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.