futures portfolio control expiration
Info
The futures portfolio control expiration is a Expert Advisor for MetaTrader 5 that the expert advisor demonstrates the use of from the script, which enables automatic switch to a new futures before expiration. the ea opens a position of the appropriate volume on three instruments, which are specified in input parameters.
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 futures portfolio control expiration
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 demonstrates the use of from the script, which enables automatic switch to a new futures before expiration.
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: ichimoku - another powerful expert for MetaTrader 5 traders.
the expert advisor demonstrates the use of from the script, which enables automatic switch to a new futures before expiration. the ea opens a position of the appropriate volume on three instruments, which are specified in input parameters. negative volume values are used for sell positions, positive ones are for buy positions. a few hours before the expiration of the futures (specified in
Also recommended: exp 2pb ideal ma re open - similar expert with strong performance on MetaTrader 5.
hours_before_expiration), the ea closes the position and opens a new one on the new futures symbol.
input values
symbol1
- a short name of the first symbol;
symbol2
- a short name of the second symbol;
symbol3
- a short name of the third symbol;
lot1
- volume for the first symbol;
lot2
- volume for the second symbol;
lot3
- volume for the third symbol;
hours_before_expiration
- how many hours before expiration the ea should switch to a new futures symbols. warning: the expert advisor has not been tested in real trading. it is designed for use in the strategy tester.
You may also like: Expert Advisor for TrendValue Indicator - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <trade\trade.mqh>
enum esym { si, eu, ed, audu, gbpu, br, gold, sbrf, gazr, mxi, rts, lkoh, rosn, vtbr };
input esym symbol1 = mxi;
input esym symbol2 = br;
input esym symbol3 = sbrf;
input int lot1 = -4.0;
input int lot2 = -1.0;.......
⚠ 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.