Rijfie pyramid 1. 12
This is a powerful addition to your MetaTrader 4 toolkit designed to optimize market analysis and performance. 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 Rijfie pyramid 1. 12
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
HiMy plan is1 search for usa stocks below 20 euro/dollar.2 When the price rice above the stochastic lowlevel the first lot 0.01 will be bought.3 when the price drops then another lot 0,01 will be bought4 when the price rice above buy + spread the trailerstop will move in place.lowlevel when stochastic cross level 10 lot will be bought.maxprice means there will be no lots will be bougth above this price. (max = price + spread)lowprice means there will be no buy below the lowmagicnummer has to be changed by every new charttimechart is the chartmaperios is the masteplevel is the percentage when a buy order will be placed.profit when set at 0 then all open positive orders will be closed at closing if close all set on truecloseall set on true or falsehour set the hourminute set the minute(when close all is true profit is 10 hour is 20:00 minute = 55 then all open orders with a profit more then 10 will be closed from20:55 till 21:00the best way is to search for stocks with low swap like zynga, nokia, vale (the reason is swap)when setting lowprice to 1 it is possible to calculate the possible max losswhen set on 1% maxloss stock from 5 euro will be about 500 euro when trading stock from 15 euro your maxloss will be about 1500 euro.
But you only risk this when company goes broke, when you want to close all trades when in loss then you have to take a loss.
Or you can lose a part when your broker doesn't support the stock anymore.
At the end you see some loses but that is because of ending testing.
