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full dump
Info
The full dump is a Expert Advisor for MetaTrader 5 that idea by:. mql5 code by:.
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 full dump
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
idea by:.
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: at random full - another powerful expert for MetaTrader 5 traders.
idea by
: .
mql5 code by
: .
operation algorithm
searching for a signal within the interval from bar "0" to
depth of search
Also recommended: de marker gaining position volume - similar expert with strong performance on MetaTrader 5.
.buying
:
rsi must be below 30;
the price must reach the lowest bollinger band;
then wait until the candlestick moves to above the middle bollinger band;
stop loss is placed below the last local low. take profit is placed above the upper bollinger band;
as soon as the upper line is reached, the stop must be moved to the breakeven point.
sell
:
rsi must be above 70;
the price must reach the upper bollinger band;
then wait until the candlestick moves to below the middle bollinger band;
stop loss is placed above the last local high. take profit is placed below the lower bollinger band;
as soon as the lower line is reached, the stop must be moved to the breakeven point. inputs
lots
- position volume.
bands
- bands: averaging period;
rsi
- rsi: averaging period;
indent from high and low
- indent from high and low when placing stop loss and take profit;
depth of search
- number of bars, among which the signal is searched for;
magic number
- unique identifier for the ea.
upon optimization (attention: non-optimized parameters are in the code; you have to search for the necessary values independently) on eurusd,h1:
You may also like: spread informer - 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.