avalanche av
Info
The avalanche av is a Expert Advisor for MetaTrader 5 that idea by:this expert advisor is one of the variations of the avalanche ea. attention: uses martingale.
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 avalanche av
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
idea by:this expert advisor is one of the variations of the avalanche ea.
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: loong clock indicator - another powerful expert for MetaTrader 5 traders.
idea by
:
this expert advisor is one of the variations of the avalanche ea.
attention: uses martingale! how it works
Also recommended: exp zonal trading - similar expert with strong performance on MetaTrader 5.
the trade direction is selected randomly based on the random number generator : if the number is less than 16384, buy is opened, otherwise sell is opened. trading begins with the volume ofstart lots
. the
stop loss
and
take profit
parameters can be disabled by setting them to "0.0".
position volume calculation
general principle
: if the last position was closed with a loss, the next volume will be increased
volume expansion factor
times. volume is calculated in ontradetransaction: and (market exit) are tracked.
notes
: the expert advisor tracks the maximum account balance value (the value is saved in the
m_prev_balance_max
variable), and controls the 'not enough money' error when opening a position. the position volume is increased until the last position is closed with a profit, at the same time the current trading account balance must exceed
m_prev_balance_max
. if the "not enough money" error is encountered (checkvolume volume of the class), the calculated volume is reset to
start lots
.
example of test charts in the "every tick based on real ticks" mode:
You may also like: candle - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ 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.