Aeron JJ N Scalper EA
This tool for MetaTrader 5 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 Aeron JJ N Scalper EA
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
The Expert Advisor places pending Buy Stop and Sell Stop orders.
The EA searches through an array of the last 100 bars for the prices to be used for pending orders. The price of the placed order is calculated taking into account the minimum allowed distance for that symbol (SYMBOL_TRADE_STOPS_LEVEL).
Input Parameters
Lots
- the volume for pending orders
Trailing Stop (in pips)
- trailing value
Trailing Step (in pips)
- trailing step value
Reset time
(minutes) - pending order lifetime in minutes;
Doji diff 1
- minimum size of bar #1;
Doji diff 2
- minimum size of the bar following bar #1;
magic number
- unique identifier for the EA.
Symbol USDJPY, H1:
