EXP BykovTrend Reopen: Trend-Following System with Scalable Positions
Info
The EXP BykovTrend Reopen: Trend-Following System with Scalable Positions is a Expert Advisor for MetaTrader 5 that the exp bykovtrend reopen trading system utilizes signals from a trend-scaling indicator. A signal is generated upon the closing of a bar if a colored indicator arrow appears.
Usage
This tool is typically used for trend following strategies across multiple currency pairs.
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 EXP BykovTrend Reopen: Trend-Following System with Scalable Positions
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 EXP BykovTrend Reopen trading system utilizes signals from a trend-scaling indicator.
Typical Use Case
This Expert Advisor excels in trend following 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: EXP 2PB Ideal MA Reopen: Moving Average Crossover with Position Scaling - another powerful expert for MetaTrader 5 traders.
The EXP BykovTrend Reopen trading system utilizes signals from a trend-scaling indicator. A signal is generated upon the closing of a bar if a colored indicator arrow appears. The system then scales the volume of an opened position if the profit points of the last trade within that position exceed a predefined threshold set in the EA's input parameters.Also recommended: EXP TTM-Trend Reopen: Trend-Following EA with Scalping - similar expert with strong performance on MetaTrader 5.
Information regarding position scaling is stored in the trade comment string in the format: number of scales / price of last deal / volume of last deal.
Place the compiled bykovtrend.ex5 file into the
After compilation, the EXP BykovTrend Reopen.ex5 expert file includes the bykovtrend.ex5 indicator as a resource. Therefore, the indicator does not need to be present in the terminal folder for the compiled EA to function. This is achieved by incorporating the relevant code into the EA itself to embed the indicator within the executable file.
The indicator executable file has been embedded as a global resource.
//---- Include the indicator in the EA code as a resource
#resource "indicators\bykovtrend.ex5"
The string paths to the indicators used as resources have been modified within the oninit() function block.
//---- Get the handle of the bykovtrend indicator
inpind_handle = iCustom(Symbol(), Inpind_Timeframe(), "::indicators\bykovtrend", risk, ssp);
Consequently, the compiled executable file of the expert advisor can be used independently on other trade terminals without requiring separate indicator installations.
The default input parameters of the expert advisor were used during the tests presented below. Stop Loss and Take Profit were not utilized during these tests.
Figure 1. Examples of trades on the chart.
Testing results for 2015 on GBPUSD H4:
Figure 2. Chart of testing results.
Additional testing results for 2026 are available.
You may also like: EXP XOSignal Reopen: Trend Following Expert Advisor with Position Scaling - excellent alternative for expert users on MetaTrader 5.
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.