Semilong Expert Advisor

Semilong Expert Advisor
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Semilong Expert Advisor

Info

The Semilong Expert Advisor is a Expert Advisor for MetaTrader 4 that this is a comprehensive suite of four expert advisors named 'semilong', designed to enhance the trading experience on the metatrader platform. The Semilong suite adheres to the standard conventions of MT4/MT5, ensuring seamless integration and ease of use for traders of all levels.

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 Semilong Expert Advisor

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 is a comprehensive suite of four expert advisors named 'Semilong', designed to enhance the trading experience on the MetaTrader platform.

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: e-trailing2: enhanced trailing stop expert advisor - another powerful expert for MetaTrader 4 traders.

This is a comprehensive suite of four expert advisors named 'Semilong', designed to enhance the trading experience on the MetaTrader platform. The Semilong suite adheres to the standard conventions of MT4/MT5, ensuring seamless integration and ease of use for traders of all levels.

Also recommended: e-signal of trade expert advisor - similar expert with strong performance on MetaTrader 4.


Each expert advisor within the Semilong suite is meticulously crafted to provide specific functionalities, catering to various trading needs. Whether it's automating routine tasks, enhancing decision-making processes, or delivering in-depth analytical insights, Semilong offers a versatile toolkit for traders.

Installation is straightforward, allowing users to quickly access the benefits of these expert advisors and focus on their trading strategies. The Semilong suite is a powerful addition to any trader's toolkit, providing reliable support and efficiency in the MetaTrader environment.

You may also like: e-news-lucky$ - automated news trading expert advisor - excellent alternative for expert users on MetaTrader 4.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
extern int       profit=120;
extern int       loss=60;
extern int       shift1=100;
extern int       move1=60;
extern int       shift2=10;
extern int       move2=30;
extern int       decr=14;
extern double       lots=1;

.......

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⚠ 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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.