exp skyscraper fix color am l x2 ma candle mm rec
Info
The exp skyscraper fix color am l x2 ma candle mm rec is a Expert Advisor for MetaTrader 5 that 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).
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 skyscraper fix color am l 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.
What this tool does
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.
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: Exp Color BB Candles Expert Advisor - another powerful expert for MetaTrader 5 traders.
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.
Also recommended: Exp Color X2 MA-Parabolic Indicator - similar expert with strong performance on MetaTrader 5.
the ea inputs are divided into three groups a, b and c according to indicators applied in trading systems:a - skyscraper_fix;
b - coloraml;
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
skyscraper_fix.ex5
,
coloraml.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
You may also like: Expert Color Non-Lag Dot MA CD - 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.