DL Mv
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 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.
Description & Settings
Idea by
:
The Expert Advisors uses signals from the indicator
Buy signals
-
Fish
is below zero and is crossed by
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:
