get rich or die trying gb p
Info
The get rich or die trying gb p is a Expert Advisor for MetaTrader 5 that positions are only opened at the specified time (+ shift set in "additional hour"). bullish and bearish bars are counted on period_m1 (m1).
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 get rich or die trying gb p
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
positions are only opened at the specified time (+ shift set in "additional hour").
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: loong clock indicator - another powerful expert for MetaTrader 5 traders.
positions are only opened at the specified time (+ shift set in "
additional hour"
). bullish and bearish bars are counted on period_m1 (m1). the money management classes cmoneyfixedmargin and cmoneyfixedrisk are used.
Also recommended: exp fine tuning ma candle duplex - similar expert with strong performance on MetaTrader 5.
inputs:stop loss
take profit
take profit 2 — used for a program-based closing
trailing stop
trailing step
money management — risk calculation type (percent of free margin or fixed risk value)
risk for a deal (in percent) — allowable risk percent value
count bars — the number of bars among which bullish and bearish bars will be counted
additional hour — shift
max positions — the maximum number of positions
comparison of lot calculation based on the free margin on gbpusd,m1:
and the fixed risk value:
the difference here is only the position load.
You may also like: spasm - 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.