Double Up with a Twist
Info
The Double Up with a Twist is a Expert Advisor for MetaTrader 5 that the key challenge in this code is comparing the icsi and imacd values with the 'buy sell level' variable. The indicator values may differ multiple times, sometimes even dozens.
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 with a Twist
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 key challenge in this code is comparing the ICSI 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: Supertrend Scalper with Breakeven Win Rate Panel - another powerful expert for MetaTrader 5 traders.
The key challenge in this code is comparing the ICSI and IMACD values with the 'buy sell level' variable. The indicator values may differ multiple times, sometimes even dozens.Also recommended: Data Snooping: Robustness Testing with SPA, Reality Check, StepM, and Model Confidence Set - similar expert with strong performance on MetaTrader 5.
For instance, when analyzing the EURUSD, USDJPY, and USDSEK symbols across all available period values in MetaTrader 5, you'll notice that ICSI readings remain relatively stable, while IMACD values are highly sensitive to symbol price fluctuations.
To address this, we can multiply the IMACD values by a ratio.
Tip: EURUSD M30 is recommended for optimal results.
Results from 2026.01.08 to 2026.11.06, EURUSD M30, with an initial deposit of 10,000:
You may also like: Regime HMM: Identifying Market Regimes with Hidden Markov Models - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#include <trade\positioninfo.mqh>
#include <trade\trade.mqh>
#include <trade\symbolinfo.mqh>
#include <trade\accountinfo.mqh>
cpositioninfo m_position; // trade position object
ctrade m_trade; // trading object
csymbolinfo m_symbol; // symbol info object
caccountinfo m_account; // account info wrapper.......
⚠ 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.