zamok v1.4 trading system
Info
The zamok v1.4 trading system is a Script for MetaTrader 4 that this is a trading system called zamok v1. 4.
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 zamok v1.4 trading system
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
this is a trading system called zamok v1.
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: correlation gaps trading aud j p y cad j p y nzd j p y - another powerful script for MetaTrader 4 traders.
this is a trading system called zamok v1.4.Also recommended: JForex OHLC Data Converter - similar script with strong performance on MetaTrader 4.
it has been updated to include take profit and percentage-based profit taking, as well as a trailing stop loss. the profit parameter can be set to a specific value, such as $100, or a percentage, such as 25%.
the system also includes a minimum parameter to prevent orders from being closed at a loss due to high commission fees. the stop loss parameter can be set to a specific value, such as $100, or a percentage, such as 25%.
the system has been tested and has produced the following results:
closed trades:
- total profit: 99.71
- total trades: 12
- winning trades: 8 (66.67%)
- losing trades: 4 (33.33%)
- largest profit trade: 61.70
- largest loss trade: -16.54
current account status:
- balance: 1,099.71
- equity: 1,069.77
- free margin: 951.63
system performance metrics:
- profit factor: 4.67
- expected payoff: 8.31
- absolute drawdown: 1.60
- maximal drawdown: 19.36 (1.90%)
- relative drawdown: 1.90% (19.36)
You may also like: open order (with risk management, tp and sl) - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#include <stderror.mqh>
#include <stdlib.mqh>
extern int magic = 99;
extern string c_ = "";
extern bool _ = false;
extern datetime =d'8.10.2012 00:00';
extern int _ = 30,
ma_method = 1,.......
⚠ 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.