candels high open
Info
The candels high open is a Expert Advisor for MetaTrader 5 that the entire chain: indicator, indicator signals module. candelshighopen expert advisor is based on the candels high open indicator trading signals module.
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 candels high open
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 entire chain: indicator, indicator signals module.
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: KCI Embedded Sniper: High-Precision Algorithmic Trading - another powerful expert for MetaTrader 5 traders.
the entire chain: indicator, indicator signals module.
Also recommended: liquidity sweep h4 - m15 (swing highs and lows) / mq l5 - similar expert with strong performance on MetaTrader 5.
candelshighopen expert advisor is based on the candels high open indicator trading signals module. the ea has been generated by the mql5 wizard. the ea features trading market and pending orders, as well as trailing stop based on parabolic sar.for compilation, the ea needs the trading signals module and the indicator.
candelshighopen ea has been launched in the "every tick based on real ticks" mode on audusd h1 from 2016.01.01 to 2016.11.06 with the initial deposit of 10 000. "reverse signals"=false has been used in the first pass.
while "reverse signals"=true has been used in the second one:
all ea parameters have been set to their default values, no optimization has been performed.
You may also like: Exp Highs Lows Signal - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <expert\expert.mqh>
#include <expert\mysig\signalcandelshighopen.mqh>
#include <expert\trailing\trailingparabolicsar.mqh>
#include <expert\money\moneyfixedrisk.mqh>
input string expert_title ="candelshighopen"; // document name
ulong expert_magicnumber =25231; //
bool expert_everytick =false; // .......
⚠ 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.