gazonkos
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 gazonkos
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
The automated trading system
Gazonokosilka (in Russian means "Lawnmower") can provide often little profits. Stop Loss and Take Profit parameters are set to tight values so that trades could be closed in case of small price movements. But the EA should not be scalping, the optimum scenario is one-two trades per day.
Trading rules of the system:1. Enter at the roll back of the price movement2. Exit at Stop Loss or Take Profit
Therefore we first need to determine the price action or momentum (a variety of options is available). Then wait for the rollback (various options) and enter the market.
The EA is designed to test on EUR/USD H1 and allows experimenting with the underlying trading system. The EA analyzes price movement inside the bar, therefore testing should be performed in the "Every tick based on real ticks" mode. It is very important.
The code is well commented and structured, so even a beginner can understand it.
Expert Advisor's input parameters (external variables):
magic
— the magic number allowing the EA to work with its own positions.
TakeProfit
— take profit level in points. It is set for all positions during opening.
Otkat
— pullback value in points. When the price rolls back by this amount, the EA switches to the trade opening state.
StopLoss
— stop loss level in points. Set during position opening similar to TakeProfit.
t1
— the number of the bar used to determine price movement.
t2
— the number of the bar used to determine price movement.
delta
— the value used to determine the momentum.
lot
— Position size.
active_trades
— the maximum number of open trades at a time.
