arrows and curves ea
Info
The arrows and curves ea is a Expert Advisor for MetaTrader 5 that the expert advisor trades based on signals generated by the indicator:position volume management: either fixed volume (the 'lots' parameter should be greater than zero) or risk as percent of free margin ('lots' should be less than or equal to zero, in this case the 'risk' parameter will be used). position opening conditions if the indicator buffer #0 is not equal to zero, it is a buy signal; if the indicator buffer #1 is not equal to zero, it is a sell signal; input parameters lots (if "lots" <=0.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
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 arrows and curves 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 trades based on signals generated by the indicator:position volume management: either fixed volume (the 'lots' parameter should be greater than zero) or risk as percent of free margin ('lots' should be less than or equal to zero, in this case the 'risk' parameter will be used).
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: Exp Arrows Curves - another powerful expert for MetaTrader 5 traders.
the expert advisor trades based on signals generated by the indicator:
position volume management: either fixed volume (the 'lots' parameter should be greater than zero) or risk as percent of free margin ('lots' should be less than or equal to zero, in this case the 'risk' parameter will be used).
Also recommended: exp trend arrows - similar expert with strong performance on MetaTrader 5.
position opening conditionsif the indicator buffer #0 is not equal to zero, it is a buy signal;
if the indicator buffer #1 is not equal to zero, it is a sell signal; input parameters
lots (if "lots" <=0.0 -> will use the setting "risk")
- position volume;
stop loss (if "0" - the setting is disabled) (in pips)
- stop loss value;
take profit (if "0" - the setting is disabled) (in pips)
- take profit value;
trailing stop (if "0" - the setting is disabled) (in pips)
- trailing stop value;
trailing step (if "0" - the setting "trailing stop" is disabled) (in pips)
- trailing step value;
risk in percent for a deal from a free margin
- risk per trade as percent of free margin;
reversal period
- indicator parameter;
channel
- indicator parameter;
stop channel
- indicator parameter;
shift
- indicator parameter.
You may also like: doji arrows - excellent alternative for expert users on MetaTrader 5.
Source Code
#property link "https://robotfx.org"
#property version "1.001"
#include <trade\positioninfo.mqh>
#include <trade\trade.mqh>
#include <trade\symbolinfo.mqh>
#include <trade\accountinfo.mqh>
#include <expert\money\moneyfixedmargin.mqh>
cpositioninfo m_position; // trade position object
ctrade m_trade; // trading object
csymbolinfo m_symbol; // symbol info object.......
⚠ 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.