x liquidex mod1
Info
The x liquidex mod1 is a Expert Advisor for MetaTrader 4 that x-liquidex is an impulsive/volatility/breakout expert advisor. It utilizes range, moving averages, and Keltner Channel.
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 x liquidex mod1
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
x-liquidex is an impulsive/volatility/breakout expert advisor.
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: Liquidex HFT EA: A High-Frequency Trading Expert Advisor - another powerful expert for MetaTrader 4 traders.
x-liquidex is an impulsive/volatility/breakout expert advisor. It utilizes range, moving averages, and Keltner Channel.Also recommended: Volatility Trader and Breakout EA (X-Liquidex) - similar expert with strong performance on MetaTrader 4.
The logic is straightforward yet powerful, and it is most effective in time frames below M30. However, extensive research and testing are necessary before employing it in specific time frames.
Trade Logic
Buy
Prices should break above the Keltner Channels.
Candlestick should be Z pips long.
Prices should be above the moving average.
Sell
Prices should break below the Keltner Channels.
Candlestick should be Z pips long.
Prices should be below the moving average.
Position Management
Break even after P pips.
Trailing stop after B pips.
Take profit after C pips.
Stop loss after D pips.
Pros
Highly profitable.
Most trades have a high probability of success.
Cons
Slippage is an issue, but the high win rate and trading with market volatility often lead to successful outcomes.
Considerations
Minimize latency for improved performance.
Your feedback and observations are welcome.
For a premium version with enhanced volatility filters, contact info(at)sbginter.com.
Modifications
Equity protection.
Trading hours and pending trade management.
Tick matrix and volatility calculation for tick matrix resizing.
You may also like: ea - the simple trading panel - mt4 - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#define account_number 898264 // write here the number of account; 0 = does not check the number of account
#define indicatorfilename_kc "keltner channels"
extern string dispequityprotection = "if true, then the expert will protect the account equity to the percent specified";
extern bool equityprotection = true; // if true, then the expert will protect the account equity to the percent specified
extern string averageequityprotection ="percent of the account to protect on a set of trades";
extern int accountequitypercentprotection= 75; // percent of the account to protect on a set of trades
extern bool usemm = true; // enable/disable auto-calculation for size of lots: false = constant size of lots (value of parameter "lots"); true = calculate size of lots by percent from freemargin (parameter "risk")
extern double lots = 0.01; // size of lots (used if usemm = false).......
⚠ 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.