executer ao - expert advisor based on awesome oscillator
Info
The executer ao - expert advisor based on awesome oscillator is a Script for MetaTrader 4 that executer ao expert advisor this expert advisor is based on the awesome oscillator indicator. symbol eurusd (euro vs us dollar) period 4 hours (h4) 2005.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use executer ao - expert advisor based on awesome oscillator
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
executer ao expert advisor this expert advisor is based on the awesome oscillator indicator.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.
Description & Settings
Related: trend change alert and email notification expert advisor - another powerful script for MetaTrader 4 traders.
executer ao expert advisor this expert advisor is based on the awesome oscillator indicator.Also recommended: e-v trailing by profit expert advisor - similar script with strong performance on MetaTrader 4.
symbol
eurusd (euro vs us dollar)
period
4 hours (h4) 2005.01.03 00:00 - 2026.12.21 00:00 (2005.05.01 - 2026.12.21)
model
every tick (based on all available smallest timeframes with fractal interpolation of each tick)
parameters
lstoploss=50; sstoploss=50; ltakeprofit=500; stakeprofit=500; ltrailingstop=50; strailingstop=50; lots=0.1; a=3; decreasefactor=100; maximumrisk=0.025; maximumlots=100;
bars in history
8968
simulated ticks
2481742
modeling quality
90.00%
initial deposit
1000.00
net profit
856.80
gross profit
2453.79
gross loss
-1596.99
profit factor
1.54
expected payoff
11.58
absolute drawdown
88.96
maximal drawdown
338.91 (16.60%)
relative drawdown
16.60% (338.91)
total trades
74
short positions (% profitable)
40 (62.50%)
long positions (% profitable)
34 (55.88%)
profitable trades (% of total)
44 (59.46%)
losing trades (% of total)
30 (40.54%)
largest
profitable trade
159.39
largest losing trade
-56.32
average
profitable trade
55.77
average losing trade
-53.23
maximal number of
consecutive wins (profit)
6 (378.07)
consecutive losses (loss)
3 (-162.76)
maximum
consecutive profit (number of wins)
378.07 (6)
maximum consecutive loss (number of losses)
-162.76 (3)
average
consecutive win
2
average consecutive loss
1
the expert advisor was optimized in the period from 2005.05.01 to 2005.12.01, tested on data from 2026, and showed positive results.
You may also like: e-so trailing expert advisor - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#define magic 612457
extern double lstoploss = 70;
extern double sstoploss = 60;
extern double ltakeprofit = 60;
extern double stakeprofit = 60;
extern double ltrailingstop = 40;
extern double strailingstop = 40;
extern double lots = 0.10;.......
⚠ 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.