Dealers Trade v 7. 91 Zero Lag MA C D
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Dealers Trade v 7. 91 Zero Lag MA C D
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.
Description & Settings
A further development of "".
Uses the instead of the standard iMACD (Moving Average Convergence/Divergence, MACD).
When the number of positions increases, the following is also increased: step between positions, lot size, take profit (martingale).
Position volume management:
The initial lot can be specified manually;
The initial lot can be calculated as the risk percent of free margin;
As the number of positions increases, each subsequent volume is multiplied by a coefficient.
You can also limit the following:
The maximum number of open positions;
The maximum lot.
What's new:
With the increase in the number of positions:
the step between positions is increased;
the distance of take profit is increased.
If a signal emerges and the number of positions is
equal
to the limit, one more position is opened and at the next tick (if there is a signal to open a position) the most losing position is closed.
Protection of profit: if protection is allowed and the total profit of all positions is greater than the specified value, as well as the number of positions is greater than or equal to the protected amount, the most profitable position is closed. For example, we have a total profit of $52 and four open positions. The protected amount is set to "3". So we can close one position, thus trying to keep a minimum of three positions always open.
Input Parameters (new parameters are color highlighted)
Lots (if <= "0" -> use "Risk")
- position volume (if <="0.0", lot will be calculated using the "Risk" parameter);
Stop Loss (in pips)
- Stop Loss value;
Take Profit (in pips)
- Take Profit value;
Trailing Stop (in pips)
- trailing value;
Trailing Step (min value == 1)(in pips)
- trailing step value;
Risk in percent for a deal from a free margin
- risk per trade as percent of free margin;
Max open positions
- the maximum number of open positions;
Interval between positions
- the distance between positions;
Coefficient interval between positions
- multiplier for the step between positions;
Coefficient Take profit
- multiplier for the Take Profit step;
Min profit. Close max profit position
- minimum profit, at which the most profitable position will be closed;
Account protection. If "true" -> close max profit position
- protecting profit, at which the most profitable position will be closed;
Number of open items if "Account protection" = "true"
- the number of positions to protect;
Reverse condition
- reversing signals;
MACD: fast ema period
MACD: slow ema period
Max volume of position
- maximum allowed position volume;
Lot coefficient
- lot multiplier, the more open positions exist, the greater lot multiplier will be.
An example of tests in the Every Tick mode on the H1 timeframe with the initial deposit $50000 (with default inputs):
