EA for Chart Object Properties and ID
Info
The EA for Chart Object Properties and ID is a Expert Advisor for MetaTrader 5 that this expert advisor (ea) allows you to place and manage chart objects on your metatrader chart as conventional chart elements. The core functionality relies on obtaining the handle of an obj_chart object.
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 EA for Chart Object Properties and ID
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
This Expert Advisor (EA) allows you to place and manage chart objects on your MetaTrader chart as conventional chart elements.
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: object-oriented random entry expert advisor for mt5 - another powerful expert for MetaTrader 5 traders.
This Expert Advisor (EA) allows you to place and manage chart objects on your MetaTrader chart as conventional chart elements. The core functionality relies on obtaining the handle of an obj_chart object. With this handle, you can add, delete, and configure indicators, set chart properties, and more.Also recommended: chart reinitialization tool - similar expert with strong performance on MetaTrader 5.
The EA_ObjProp_Chart_ID Expert Advisor performs the following actions:
- Adds an indicator that is part of the standard MetaTrader client terminal package. This indicator is typically located in the
terminal_data_folder
\mql5\indicators\examples directory.
- Creates a subwindow using the Subwindow indicator. To use this, copy the subwindow.mq5 file to your
terminal_data_folder
\mql5\indicators directory.
- Creates an obj_chart type object within the subwindow. This object will display the chart symbol, but on D1 and H4 timeframes.
- For each obj_chart type object, it adds a Price Channel indicator with default parameters and modifies the background color.
When the EA is removed from the chart, it automatically deletes all the indicators that were created.
You may also like: synchronized charts - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
long daily_chart;
long h4_chart;
string d1="daily";
string h4="h4";
int subwindow_handle;
int subwindow_id;
int indicator_handle;.......
⚠ 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.