auto trader
Info
The auto trader is a Expert Advisor for MetaTrader 5 that the auto traderexpert advisor is designed for enabling/disabling the autotradingbutton of the metatrader 5 terminal. at the time specified in starthourand startminutethe ea enables the autotradingbutton, if it is released, and disables itif the time is greater than stophourand stopminute, as well as close all currently opened positions on the terminal.
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 auto trader
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 auto traderexpert advisor is designed for enabling/disabling the autotradingbutton of the metatrader 5 terminal.
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: Quantora Break Even Manager MT5 - Automated Stop Loss Protection - another powerful expert for MetaTrader 5 traders.
Also recommended: Professional Automatic Trailing Stop Utility for MetaTrader 5 - similar expert with strong performance on MetaTrader 5.
theauto trader
expert advisor is designed for enabling/disabling the
autotrading
button of the metatrader 5 terminal. at the time specified in
starthour
and
startminute
the ea enables the
autotrading
button, if it is released, and disables itif the time is greater than
stophour
and
stopminute
, as well as close all currently opened positions on the terminal.
parameters:
fig.1. the ea on the chart
recommendations:
used for enabling and disabling all the experts running in the terminal and for closing all positions.
You may also like: Professional Margin Requirement Calculator for MetaTrader 5 - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#define vk_control 0x11 //ctrl key
#define key_code 'e'
#import "user32.dll"
void keybd_event(int bvk,int bscan,int dwflags,int dwextrainfo);
#import
#include<trade\trade.mqh>
ctrade trade;.......
⚠ 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.