virtual robot
Info
The virtual robot is a Expert Advisor for MetaTrader 4 that virtual robot will open virtual trades, using them to monitor the market to determine the entry point(according to the inputs parameters), at which point virtual bot will start opening real trades. demo account - recommendedinput parameters tf - the choice of timeframe slippage - slippage.
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 virtual robot
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
virtual robot will open virtual trades, using them to monitor the market to determine the entry point(according to the inputs parameters), at which point virtual bot will start opening real trades.
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: vr rsi robot: multi-timeframe rsi trading strategy for metatrader 5 - another powerful expert for MetaTrader 4 traders.
Also recommended: roboti ad xwining - similar expert with strong performance on MetaTrader 4.
virtual robot will open virtual trades, using them to monitor the market to determine the entry point(according to the inputs parameters), at which point virtual bot will start opening real trades.demo account - recommended
input parameters
tf - the choice of timeframe
slippage - slippage.
magicnumber - trades id.
comment - comment for orders.
stop loss - stop loss in pips.
take profit - take profit in pips.
min take profit - minimal take profit.
average + take profit - average order price + take profit.
lots - initial lot.
lotmax - maximum volume.
multiplier - multiplier to increase/reduce your lot size.
stepper for real - quantity positions without the multiplier 1=1+multiplier; 2=1+1+multiplier etc.
stepper for virtual - quantity positions without the multiplier 1=1+multiplier; 2=1+1+multiplier etc.
pipstep - the minimum distance between orders.
max trades - the maximum number of position.
start opening real trades - after virtual trades.
start average orders price for real orders - transition to averaging real transactions (only).
visual - true/false.
You may also like: virtual trailing stop - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property strict
#include <arrays/list.mqh>
#include <chartobjects/chartobjectslines.mqh>
input enum_timeframes tf=60;//tf
input int slippage=1;//slippage
input int magicnumber=1;//magic number
input string comment="virtual robot";//comment.......
⚠ 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.