Exp Brain Trend2 Absolutely No Lag Lwma X2 MA Candle MM Rec
This is a powerful addition to your MetaTrader 5 toolkit designed to optimize market analysis and performance. 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 Exp Brain Trend2 Absolutely No Lag Lwma X2 MA Candle MM Rec
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
Three independent trading systems using , and indicators within a single EA with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading system. Trading signals are formed when a bar closes if a trend has changed (which is displayed by any of the three indicators changing its color). The EA is a further complication of the and code by adding another trading system using the X2MACandle indicator.
The EA inputs are divided into three groups A, B and C according to indicators applied in trading systems:
A - BrainTrend2_V2;
B - AbsolutelyNoLagLwma;
C - X2MACandle.
Each trading system should be configured separately by disabling the remaining trading systems with the corresponding EA inputs:
For the generated EA to operate correctly, the compiled files of indicators
BrainTrend2_V2.ex5
,
AbsolutelyNoLagLwma.ex5
and
X2MACandle.ex5
should be present in the
<terminal_data_directory>\MQL5\Indicators
.
Default Expert Advisor's input parameters have been used during tests shown below. Stop Loss and Take Profit have not been used during the tests.
Fig. 1. Examples of trades on the chart
Testing results for 2017 on EURJPY H6:
Fig. 2. Test results chart
