tiger ea
Info
The tiger ea is a Expert Advisor for MetaTrader 4 that the expert advisor determines buy and sell based on moving averages, it also uses adx and rsi. i am looking to the community to contribute to the code and develop it into a better ea.
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 tiger 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
the expert advisor determines buy and sell based on moving averages, it also uses adx and rsi.
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: imi t trade - another powerful expert for MetaTrader 4 traders.
the expert advisor determines buy and sell based on moving averages, it also uses adx and rsi.
i am looking to the community to contribute to the code and develop it into a better ea.
Also recommended: trend line - similar expert with strong performance on MetaTrader 4.
currently it performs very well but must use a large stop loss. must use on eur/usd daily charts only since this is all i have back tested on, other symbols and timeframes looked poor.
test results:
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
double price_ma_period_fast =21; //slow ma
double price_ma_period_slow =89; //fast ma
double lotsize; //lotsize
double lotfactor = 2; //lotsize factor
double stoploss=5000; //stop loss
double takeprofit=70; //take profit
int magicnumber=1234; //magic
double pips = 0.00001; //leave as default for 5 digit brokers.......
⚠ 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.