swaper

swaper
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swaper

Info

The swaper is a Expert Advisor for MetaTrader 4 that many may have already tried to gain profit from the trades with positive swaps of the instruments. but opening towards the positive swaps is one thing.

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 swaper

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

many may have already tried to gain profit from the trades with positive swaps of the instruments.

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: calculate drawdown in mt4 - another powerful expert for MetaTrader 4 traders.

many may have already tried to gain profit from the trades with positive swaps of the instruments. but opening towards the positive swaps is one thing. at the same time it is necessary to keep all this business running.in order not to simply try to hold out a little longer, try the . this tactic was chosen because i am more or less competent in it. if anyone is allergic to it or poorly versed in it, then any other trading strategy can be used as basis. in order to profit from swapping, set the algorithm to prohibit closing the positions with positive swaps. more precisely, mark only the positions with negative swaps as the candidates for closure. open in both directions, as it will not work in any other way. does not have any parameter optimization as there is nothing to optimize. for more information about the settings, see ).be aware that there is no point in running the ea on a demo account on a single pair. firstly, the strategy for a single pair can be checked in tester. as there are no parameters to optimize, the adjustments are virtually impossible and the results will be almost the same as real. secondly, it is a multi-currency strategy and it has zero degree of freedom, and due to the counter-trend nature built into the algorithm, it is forced to comply with the movements of the pair quotes, just like a splinter in a sea storm.group the experts to grant them the possibility for reinvestments and adhere to the conditions:

Also recommended: e-news-lucky$ - automated news trading expert advisor - similar expert with strong performance on MetaTrader 4.


the minimum deposit for one group is $100 000 (one hundred thousand). at a smaller deposit the experts will not have enough to trade. because, in order to open positions towards the positive swaps they need money for mortgages. and to keep them within the strategy, free margin is required. on the cent accounts, 100 000 units are merely $1000;

the minimum timeframe is М15 (15 minutes). on the higher timeframes the intensity of trading is such that the dc is unlikely to withstand and will fill the terminal with requotes;

the instruments must have positive swaps, otherwise there would be no need for such an ea. if the specification of contracts do not contain them, change the dc.

dc must not limit the number of simultaneously opened trades too much. if such restrictions are imposed, it is necessary to abandon such a fastidious dc. after all, the bulk of these very trades will be opened towards the positive swaps. and in addition to this, trading within the strategy will also be necessary, which will also require the trades to be opened and held open for some time.

You may also like: Market Movement Timer - excellent alternative for expert users on MetaTrader 4.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
extern double experts = 1;
extern double beginprice = 1.8014;
extern int    magicnumber = 777;
static int    prevtime = 0;
static double bl = 1000;
int init()
  {
   return(0);

.......

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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.