dl mv
Info
The dl mv is a Expert Advisor for MetaTrader 5 that idea by:the expert advisors uses signals from the indicatorbuy signals- fishis below zero and is crossed by fish aver. sell signals- fishis above zero and is crossed by fish aver.
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 dl mv
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:the expert advisors uses signals from the indicatorbuy signals- fishis below zero and is crossed by fish aver.
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: Trade Adjustment Panel - another powerful expert for MetaTrader 5 traders.
idea by
:
the expert advisors uses signals from the indicator
buy signals
-
fish
is below zero and is crossed by
Also recommended: Quantora Trade Manager MT5: Advanced Position Management - similar expert with strong performance on MetaTrader 5.
fish aver.sell signals
-
fish
is above zero and is crossed by
fish aver.
fish aver aver
can be used either for a more conservative entry or as a position exit signal.
input parameters
lots
- volume for positions and pending orders
stop loss
take profit
trailing stop
trailing step
maximum number of orders to open
- the maximum allowed number of positions and pending orders
distance between positions or distance to limit order
- the distance between positions or the distance from the current price to place a pending order
use secure profit protection
- enable/disable profit protection
secured profit: close all if profit is bigger than
- the profit size to protect
number of positions to enable the account protection
- the maximum number of positions to enable the profit protection function
use equity protection
- enable/disable equity protection
equity protection: percent of the account
- percent of equity to protect
use account money protection
- enable/disable balance protection
account money protection
- amount of balance to protect
use trade on friday
- enable/disable trading on fridays
positions time live in seconds
- position lifetime in seconds
reverse signals
- enable/disable reversal of trading signals
use limit orders
- enable/disable placing of pending limit orders
close opposite
- enable/disable closing of positions at an opposite signal
fx fish 2ma: calculate period
- fx fish 2ma parameter: period to search for maximum and minimum, in bars
fx fish 2ma: calculate price
- fx fish 2ma parameter: price type for the
fish
buffer
fx fish 2ma: ma1period
- fx fish 2ma parameter: averaging period for the
fish aver
buffer
fx fish 2ma: ma2period
- fx fish 2ma: averaging period for the
fish aver aver
buffer
magic number
- unique ea identifier
eurusd, h1:
You may also like: Quantora Break Even Manager MT5 - Automated Stop Loss Protection - 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.