exp times direction
Info
The exp times direction is a Expert Advisor for MetaTrader 5 that the expert advisor opens and closes positions at the predefined moments in time. ea inputs://+-------------------------------------------------+ //| input parameters of the ea indicator | //+-------------------------------------------------+ input double mm=0.
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 times direction
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 expert advisor opens and closes positions at the predefined moments in time.
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 slope direction line - another powerful expert for MetaTrader 5 traders.
the expert advisor opens and closes positions at the predefined moments in time.
ea inputs:
//+-------------------------------------------------+ //| input parameters of the ea indicator | //+-------------------------------------------------+ input double mm=0.1; //share of a deposit in a deal input marginmode mmmode=lot; //lot value detection method input int stoploss_=1000; //stop loss in points input int takeprofit_=2000; //take profit in points input int deviation_=10; //max price deviation in points input trademode trade=enum_sell; //trade direction input datetime opentime=d'1970.01.01 00:00'; //position open time input datetime closetime=d'3000.01.01 00:00'; //position close time input uint tradeinterval =60; //trading interval in seconds (time accuracy for a trade) //+-------------------------------------------------+ note that the tradealgorithms.mqh library file allows using expert advisors with brokers who offer nonzero spread and the option of setting stop loss and take profit together with position opening. you can download more variants of the library at the following link: .
Also recommended: williams percent direction index - similar expert with strong performance on MetaTrader 5.
You may also like: exp color schaff jj r s x trend cycle - excellent alternative for expert users on MetaTrader 5.
Source Code
/.......
⚠ 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.