exp rj t x matches smoothed duplex
Info
The exp rj t x matches smoothed duplex is a Expert Advisor for MetaTrader 5 that two identical trading systems (for long and short positions) based on the signals of indicator , which can be configured in different ways within one expert advisor. for this purpose, all input parameters can be divided into two large groups:parameters starting with the letter l are used for managing long positionsparameters starting with the letter s are used for managing short positions these two trading systems use different magic number and are absolutely independent on each other.
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 exp rj t x matches smoothed duplex
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
two identical trading systems (for long and short positions) based on the signals of indicator , which can be configured in different ways within one expert advisor.
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: automated trading with mq l5 wizard: crossover of two exponentially smoothed moving averages - another powerful expert for MetaTrader 5 traders.
Also recommended: Exponential Smoothed Candles Indicator for MT5 - similar expert with strong performance on MetaTrader 5.
two identical trading systems (for long and short positions) based on the signals of indicator , which can be configured in different ways within one expert advisor. for this purpose, all input parameters can be divided into two large groups:parameters starting with the letter l are used for managing long positions
parameters starting with the letter s are used for managing short positions
these two trading systems use different magic number and are absolutely independent on each other. real financial markets are rarely symmetric. absolutely different parameters of the same trading system are often needed for trading in the rising and falling market. to properly configure the ea, you should first test only one trading system and disable the second one.
after that perform the same for the second system.
for the ea to operate, the compiled
rjtx_matches_smoothed.ex5
indicator file should be in the <terminal_data_directory>\mql5\indicators.
default expert advisor's input parameters have been used during the tests shown below. stop loss and take profit have not been used during the tests.
fig1. sample deals on the chart with symmetrical settings.
testing results for gbpjpy h4 over the year 2017:
fig. 2. testing results chart.
figure 2. examples of deals on the chart with non-symmetrical settings.
You may also like: ADX Smoothed Indicator Trading System - 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.