gaps

gaps
Download ALL MT5 experts (1593)
YouTube Video Thumbnail



Similar MetaTrader Tools

gaps

Info

The gaps is a Expert Advisor for MetaTrader 5 that the ea opens positions having lotsvolume. we can set stop loss and take profit.

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 gaps

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 ea opens positions having lotsvolume.

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 color schaff wp r trend cycle - another powerful expert for MetaTrader 5 traders.


the ea opens positions having
lots
volume. we can set stop loss and take profit. trailing can be enabled for positions. it is recommended to launch the ea on m1.

Also recommended: currency strength expert - similar expert with strong performance on MetaTrader 5.

when a new bar appears on a specified
timeframe
, the ea checks if there has been a gap. if yes, it is compared with the
gap
threshold value. after that, a position is opened depending on the gap direction.
on eurusd, the highest profit was detected on m6:

Source Code

/

.......

Leave your opinion, ask a question, share some knowledge

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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.