Download ALL MT5 experts (1593)
Similar MetaTrader Tools
hf t spreader for fo r t s
Info
The hf t spreader for fo r t s is a Expert Advisor for MetaTrader 5 that inputs: position sizein lots, spread— number of minimum price steps. for example, the value of 4 set for mix-9.
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 hf t spreader for fo r t s
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
inputs: position sizein lots, spread— number of minimum price steps.
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: spreader 2 - another powerful expert for MetaTrader 5 traders.
inputs:
position size
in lots,
spread
— number of minimum price steps. for example, the value of 4 set for mix-9.15 symbol means that the minimum price change step for this symbol (from its contract specification) equals 25, therefore, the ea will start to place orders when the spread is 4*25=100.
Also recommended: spreader - similar expert with strong performance on MetaTrader 5.
operating principle:if all conditions for trading are met, then the ea places 2 limit orders by best prices, i.e. if the best bid price was 167000, then the ea places the order by 167025 (for mix-9.15), then it waits for the orders to be accepted. after the orders are accepted, i.e. the position is opened, the ea will place only an opposite order with doubled volume to close the position and reverse. if the orders weren't accepted, and then the spread has been extended, then the ea will remove the orders and will always ensure that our orders have the best prices from the closest best price by 1 minimum step of the symbol's price change.
on fast markets, it may work with a delay and fail to reopen orders by best prices in time.
video:
You may also like: MQL5 Wizard: Trading Signals with Bullish/Bearish Meeting Lines and CCI - excellent alternative for expert users on MetaTrader 5.
Source Code
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property link "https://robotfx.org"
#property copyright "robotfx"
#property version "1.00"
#include <trade\positioninfo.mqh>
#include <trade\orderinfo.mqh>
#include <trade\trade.mqh>
input double lots = 1; // .......
⚠ 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.