exp td i-2 re open
Info
The exp td i-2 re open is a Expert Advisor for MetaTrader 5 that the exp_tdi-2_reopen trading system based on the intersection of indicator lines, with adding to trend-following positions. the signal is formed when a bar is closing if the indicator lines were crossed.
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 td i-2 re open
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_tdi-2_reopen trading system based on the intersection of indicator lines, with adding to trend-following positions.
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: opening and Сlosing on time - another powerful expert for MetaTrader 5 traders.
the exp_tdi-2_reopen trading system based on the intersection of indicator lines, with adding to trend-following positions. the signal is formed when a bar is closing if the indicator lines were crossed. when there is an open position, the trading system increases the volume of the open position if profit in points from the last trade increases a threshold fixed in the ea inputs.
Also recommended: open ticks - similar expert with strong performance on MetaTrader 5.
information on position scaling is stored in string comment to the trade in the format of: number of scales / price of last deal / volume of last deal.this expert advisor requires the compiled indicator file tdi-2.ex5 in order to run. place it to <terminal_data_folder>\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. examples of deals on the chart
testing results for 2015 on usdchf h4:
fig.2. chart of testing results
You may also like: exp re open positions - 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.