ro nz simple scalper rapid-fire strategy ea
Info
The ro nz simple scalper rapid-fire strategy ea is a Expert Advisor for MetaTrader 4 that this expert advisor is based on one of 17 proven currency strategies by mario singh. the expert advisor uses ma and parabolic sar on m1 time frame.
Usage
This tool is typically used for scalping on lower timeframes (M1-M15).
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 ro nz simple scalper rapid-fire strategy 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.
What this tool does
this expert advisor is based on one of 17 proven currency strategies by mario singh.
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: simple trailing position management library - another powerful expert for MetaTrader 4 traders.
this expert advisor is based on one of 17 proven currency strategies by mario singh.
Also recommended: simple trailing stop - similar expert with strong performance on MetaTrader 4.
the expert advisor uses ma and parabolic sar on m1 time frame.indicator used : ma and parabolic sar.
timeframe used : m1
pair : best with eurusd
risk/reward : 15 pips:10 pips
inputs parameters:
change log:
v1.03
fixed not closing order on trend close option;
added lot risk option;
fixed lot minimum/maximum/step.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.01"
#property strict
#define magicma 19841129
enum enum_lottype
{
lots_fixed=0,//fixed lots
lots_maxrisk=1,//risk based lots
lots_decrease=2, //decrease lots when loss.......
⚠ 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.