VR---Overturn
This tool for MetaTrader 4 is specifically engineered to streamline your trading operations. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use VR---Overturn
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.
Description & Settings
On the topic of Martingale was written numerous advisors .
In this EA, you can check the classical principles of the martingale, as well as antimartingeyla .
EA code as simple as possible and all uncommented .
The principle of trade with Martingale:
Received initial take profit opened lot in the same direction .
Got a stop loss order with reverse opened a larger lot .
Principle trading at AntiMartingale:
Got take profit opened with a larger lot in the same direction
Got a stop loss opened with an initial reverse Warrant lot
The essence of the martingale system is as follows :
Begins trading with some preselected minimum lot .
After each stop loss trader should increase the lot so that in the case of take profit to recoup all past stop loss in this series, with a small income. ( For example 0,01-0,02-0,04-0,08-0,016-0,032 -0.064, etc) .
Subject to the sequence of income trader at a profit will be equal to the profit with minimum lot.
In case the trader should take profit back to the minimum lot .
Using the Martingale system, the trader does not receive benefits, it just redistributes its profit . Trader receives the stop loss is rare, but a lot, and often profit, but gradually .
The essence of Antimartingeyl is as follows :
Unlike the Martingale system where item increases if the stop loss, the system Antimartingeyl contrary - Lot increases in the case of profit.
Betting begins with the minimum lot . In the case of profit item increases in two or more times - in the case of stop loss trader returns to the original lot .
When trading on the system Antimartingeyl necessary to clearly define the boundaries of the lot increase, after which the trader must return to the original lot .
For example, after three increases ( 0,01,0,02,0,05 ) .
