Double Up с изгибом
Info
The Double Up с изгибом is a Expert Advisor for MetaTrader 5 that the main difficulty of the code is comparing icci and imacd values with the "buy sell level" variable. The indicator values may be different several or even dozens of times.
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 Double Up с изгибом
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 main difficulty of the code is comparing iCCI and iMACD values with the "Buy Sell Level" variable.
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: Double MA Crossover EA - another powerful expert for MetaTrader 5 traders.
The main difficulty of the code is comparing iCCI and iMACD values with the "Buy Sell Level" variable. The indicator values may be different several or even dozens of times.
Also recommended: Double Zig Zag - similar expert with strong performance on MetaTrader 5.
For example, for EURUSD, USDJPY and USDSEK symbols as well as for all period values available in MetaTrader 5:As you can see, iCCI is stable enough in its readings, while iMACD is highly dependent on the symbol price. To solve that, we may multiply iMACD values by a ratio:
Tip:
EURUSD M30 is recommended.
Results from 2016.01.08 to 2016.11.06, EURUSD M30, initial deposit — 10 000:
You may also like: Doubler - excellent alternative for expert users on MetaTrader 5.
⚠ 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.