surfing - 2 em a strategy
Info
The surfing - 2 em a strategy is a Expert Advisor for MetaTrader 4 that this is a pretty simple startegy that follows trend. recommended time frame is d1.
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 surfing - 2 em a strategy
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 pretty simple startegy that follows trend.
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: tc trade channel: a channel-based trading strategy - another powerful expert for MetaTrader 4 traders.
this is a pretty simple startegy that follows trend. recommended time frame is d1.Also recommended: strategy tester expert advisor - similar expert with strong performance on MetaTrader 4.
when close price brakes up the ema build based on high prices given that rsi is above 55 - expert buys.
when close price brakes down the ema build based on low prices given that rsi is below 45 - expert sells.
system closes previose trade if there is opposite signal
system uses take profit and stop loss
Source Code
яю///+------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "2.00"
#property strict
extern double Lots = 1; //number of lots
extern int TakeProfit = 80; //take profit
extern int StopLoss = 50; //stop loss
extern int Slippage = 5; //slippage
extern string comment = "Surfing"; // comment that is send when the order opens........
⚠ 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.