Exp X2 MA Digit DM 361
This tool for MetaTrader 5 is specifically engineered to streamline your trading operations. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use Exp X2 MA Digit DM 361
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.
Description & Settings
Exp_X2MA_Digit_DM_361 trend-following trading system is based on and indicator signals. ColorX2MA_Digit indicator is used to define the main slow trend direction, while ColorDM_361 indicator allows us to define an entry point when a fast trend direction is changing. An entry signal is generated at a bar closure if the following two conditions are met:
Fast and slow trend signals coincide;
Fast trend has changed its direction.
EA inputs: //+-------------------------------------------------+ //| Input parameters of the EA indicator | //+-------------------------------------------------+ input string Trade="Trade management"; //+============== TRADE MANAGEMENT ==============+ input double MM=0.1; //Share of a deposit in a deal input MarginMode MMMode=LOT; //lot value detection method input uint StopLoss_=1000; //stop loss in points input uint TakeProfit_=2000; //take profit in points input string MustTrade="Trading permissions"; //+============== TRADING PERMISSIONS ==============+ input int Deviation_=10; //max price deviation in points input bool BuyPosOpen=true; //Permission to enter a long position input bool SellPosOpen=true; //Permission to enter a short position //+-------------------------------------------------+ //| Input parameters of the filter indicator | //+-------------------------------------------------+ input string Filter="SLOW TREND PARAMETERS"; //+============== TREND PARAMETERS ==============+ input ENUM_TIMEFRAMES TimeFrame=PERIOD_H4; //1 Chart period for a trend input Smooth_Method MA_Method1=MODE_SMA_; //first smoothing averaging method input int Length1=12; //First smoothing depth input int Phase1=15; //First smoothing parameter, //for JJMA, it varies within the range -100 ... +100 and influences on the quality of the transient period; // For VIDIA, it is a CMO period, for AMA, it is a slow moving average period input Smooth_Method MA_Method2=MODE_JJMA; //second smoothing averaging method input int Length2= 5; //Second smoothing depth input int Phase2=15; //second smoothing parameter, //for JJMA, it varies within the range -100 ... +100 and influences on the quality of the transient period; // For VIDIA, it is a CMO period, for AMA, it is a slow moving average period input Applied_price_ IPC=PRICE_CLOSE_;//Price constant input uint Digit=2; //number of digits to round to input uint SignalBar=1; //bar index for getting an entry signal input bool BuyPosClose=true; //Permission to exit long positions by trend input bool SellPosClose=true; //Permission to exit short positions by trend //+-------------------------------------------------+ //| Input parameters of the entry indicator | //+-------------------------------------------------+ input string Input="ENTRY PARAMETERS"; //+=============== ENTRY PARAMETERS ===============+ input ENUM_TIMEFRAMES TimeFrame_=PERIOD_M30; //2 Chart period for an entry input Applied_price_ IPC_=PRICE_CLOSE_; //price constant input uint SignalBar_=1;//bar index for getting an entry signal input bool BuyPosClose_=false; //Permission to exit long positions by signal input bool SellPosClose_=false; //Permission to exit short positions by signal //+-------------------------------------------------+ int TimeShiftSec,TimeShiftSec_; //---- Declaration of integer variables for the indicator handles int InpInd_Handle,InpInd_Handle_; //---- declaration of the integer variables for the start of data calculation int min_rates_total,min_rates_total_;
String variables containing text in the inputs code are included only for better visual display of the EA inputs window.
ColorDM_361_HTF and ColorX2MA_Digit_HTF indicators in the EA are included only for more convenient trend visualization in the strategy tester. They are not used in other operation modes.
Place ColorX2MA_Digit.ex5, ColorX2MA_Digit_HTF.ex5, ColorDM_361.ex5 and ColorDM_361_HTF.ex5 compiled files to the <terminal_data_folder>\MQL5\Indicators for the generated EA correct operation.
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: .
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.
Fig. 1. Examples of trades on the chart
Test results for 2015 on GBPUSD, slow trend on H4, entry by fast trend on M30:
Fig. 2. Testing results chart
