record is connected, spread, stop, freeze level
Info
The record is connected, spread, stop, freeze level is a Expert Advisor for MetaTrader 4 that ea is run say once every minute and writes the status of isconnected, spread, stop and freeze level to a file. parameters i_recordperiodinminutes- in minutes, how often the spread etc.
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 record is connected, spread, stop, freeze level
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
ea is run say once every minute and writes the status of isconnected, spread, stop and freeze level to a file.
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: equity recorder for synthetic instrument research - another powerful expert for MetaTrader 4 traders.
ea is run say once every minute and writes the status of isconnected, spread, stop and freeze level to a file.
Also recommended: pending tread ea - similar expert with strong performance on MetaTrader 4.
parametersi_recordperiodinminutes
- in minutes, how often the spread etc. is recorded.
i_inputsymbols
- list of input symbols to monitor as a string, delimited by a semi-colon (;).
i_beginningoflogfile
- string used at the start of the log file name.
it should be possible to import the data file into a spreadsheet for analysis using ';' as a delimiter.
you may also need to edit the file so that it imports c_log.mqh correctly. i currently have this in the include directory, but it could go into other locations depending on your preference.
You may also like: using the williams ao and ac indicators - excellent alternative for expert users on MetaTrader 4.
Source Code
#include <c_log.mqh>
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
input int i_recordperiodinminutes=1; //how often the ea records the spread etc.
input string i_inputsymbols="eurgbp+;gbpusd+"; //list of symbols, delimited by ;
input string i_beginningoflogfile="mktdata"; //beginning of log file name to record data.
string g_strsymbols[];
c_log *g_objlog;.......
⚠ 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.