indicator based on 2 mas
Info
The indicator based on 2 mas is a Expert Advisor for MetaTrader 5 that good day everyone)first time posting my code on the forum. the ea is based on 2 ma indicators.
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 indicator based on 2 mas
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
good day everyone)first time posting my code on the forum.
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: Quantora Position Size Calculator MT5: Professional Risk-Based Lot Size Calculation - another powerful expert for MetaTrader 5 traders.
Also recommended: adx trend pullback ea: trend strength and volatility-based trading - similar expert with strong performance on MetaTrader 5.
good day everyone)first time posting my code on the forum!!!
the ea is based on 2 ma indicators. if they do not cross for a certain period and there is a pullback from the main movement, the first deal of 3 is opened. the other deals are opened when moving in our direction or against us by a step depending on atr. after the set of all three deals when moving in our direction will work trailing. when moving against us, the ea closes below or above (depends on the type of deals) a number of deals at the distance of the grid step.
You may also like: rs i grid ea pro: advanced rsi-based grid trading system - excellent alternative for expert users on MetaTrader 5.
Source Code
яю//+------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#include <Trade\PositionInfo.mqh>
#include <Trade\Trade.mqh>
#include <Trade\SymbolInfo.mqh>
CPositionInfo m_position;
CTrade m_trade;
CSymbolInfo m_symbol;.......
⚠ 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.