Aeron JJ N Scalper EA
Info
The Aeron JJ N Scalper EA is a Expert Advisor for MetaTrader 5 that the expert advisor (ea) is designed to strategically place pending buy stop and sell stop orders. It analyzes the last 100 bars to determine the optimal prices for pending orders, ensuring compliance with the minimum distance requirements for each symbol (symbol_trade_stops_level).
Usage
This tool is typically used for scalping on lower timeframes (M1-M15).
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install 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.
What this tool does
The Expert Advisor (EA) is designed to strategically place pending buy stop and sell stop orders.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Supertrend Scalper with Breakeven Win Rate Panel - another powerful expert for MetaTrader 5 traders.
The Expert Advisor (EA) is designed to strategically place pending buy stop and sell stop orders.Also recommended: Tick Scalper Helper: Tick Chart and One-Click Trading Panel for MT5 - similar expert with strong performance on MetaTrader 5.
It analyzes the last 100 bars to determine the optimal prices for pending orders, ensuring compliance with the minimum distance requirements for each symbol (symbol_trade_stops_level).
Input Parameters:
- Lots: Specify the volume for pending orders.
- Trailing Stop (in pips): Set the trailing value.
- Trailing Step (in pips): Define the trailing step value.
- Reset Time (minutes): Determine the lifetime of pending orders in minutes.
- Doji Diff 1: Minimum size requirement for bar #1.
- Doji Diff 2: Minimum size for the bar following bar #1.
- Magic Number: Unique identifier for the EA.
Example: Symbol USDJPY, H1.
You may also like: EMA Cross Scalper for XAUUSD (M15) with WIB Session Filter - excellent alternative for expert users on MetaTrader 5.
Source Code
/.......
⚠ 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.