escape
Info
The escape is a Expert Advisor for MetaTrader 5 that the expert advisor trades based on two ima: ima(5) and ima(4) on the m5 timeframe. individual takeprofit and stoploss levels are set for buy and sell.
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 escape
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 expert advisor trades based on two ima: ima(5) and ima(4) on the m5 timeframe.
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: candle shadows - another powerful expert for MetaTrader 5 traders.
the expert advisor trades based on two ima: ima(5) and ima(4) on the m5 timeframe. individual takeprofit and stoploss levels are set for buy and sell.
Also recommended: exp xc c i histogram vol direct - similar expert with strong performance on MetaTrader 5.
block for making decisions:the conditions are checked only when a new bar appears. this way the load on cpu is greatly reduced, and testing in the "every tick" or "every tick based on real ticks" testing modes is performed quite fast.
test results on eurusd m5, from 2016.06.01 to 2016.11.23, initial deposit - 1000:
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.