Gold Warrior02b
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. 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 Gold Warrior02b
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
Idea by
: .
MQL5 code by
: .
The EA uses indicators iCCI (Commodity Channel Index, CCI), ZigZag, and . Position trailing is possible.
Inputs
Lots
- the initial volume of the positions;
Stop Loss (in pips)
- Stop Loss;
Take Profit (in pips)
- Take Profit;
Trailing Stop (in pips)
- trailing;
Trailing Step (in pips)
- trailing step;
Averaging period (for "Impulse" and "CCI")
- the averaging period, common for indicators "Impulse" and "CCI";
ZigZag: Depth
- indicator ZigZag: Parameter Depth;
ZigZag: Deviation
- indicator ZigZag: Parameter Deviation;
ZigZag: Backstep
- indicator ZigZag: Parameter Backstep;
Profit target for closing all positions
- profit target, at which we close all positions;
Output, "false" -> in "Experts", "true" -> in Chart
- displaying the messages on the screen or in a tab;
Negative impulse value for SELL signal
- the negative impulse value for SELL (for example, if the value of "-30" is set, no SELL signal will appear at the impulse of "-40", while the SELL signal will appear at the impulse of "-20");
Positive impulse value for BUY signal
- the positive impulse value for BUY (for example, if the value of "-30" is set, no BUY signal will appear at the impulse of "-40", while the BUY signal will appear at the impulse of "-20");
Multiplier of hedge positions of 1st and 2nd level
- the multiplier of the initial lot for hedging.
Test for several symbols on H1 from 2018.01.01 to 2018.04.26:
