20 200 expert. 2 Ant S
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. 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 20 200 expert. 2 Ant S
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
How it works
If the price rises, it is a buy, if it falls it is a sell. When loss, a lot must be increased. Price movement is determined by two bars with t1 and t2 shift (open prices), if the difference in prices is more than Delta_L (for a buy) and Delta_S (for a sell), then position opens.
The image shows the performance of the Expert Advisor in the strategy tester's visual mode., Fig. 2 shows the results of the tester.
Fig. 1. Deals in the Expert Advisor tester.
Fig. 2. The results of work of the Expert Advisor for the last month (09.2012) at EURUSD M15.
Parameters
t1 - First bar shift.
t2 - Second bar shift.
Delta_L - Price difference of first and the second bars for a long (a buy).
Delta_S - Price difference of first and the second bars for a short (a sell).
TakeProfit_L - Take Profit in points of a long.
StopLoss_L - Stop Loss in points of a long.
TakeProfit_S - Take Profit in points of a short.
StopLoss_L - Stop Loss in points of a short.
Lots - Initial position volume when AutoLot=false.
AutoLot - Proportional lot input.
BigLotSize - Coefficient for multiplying the lot after a loss.
OneMult - One multiplication of a lot. After a loss the lot is multiplied with the lot the Expert Advisor opens positions to profit. If false, then each new opening position is multiplied.
TradeTime - Hour of entry to the trading market.
MaxOpenTime - Maximum lifetime of the position (in hours).