JK Synchro
Info
The JK Synchro is a Expert Advisor for MetaTrader 5 that the ea analyzes the open and close between the zero bar (the rightmost bar in the chart) and a specified number of candles for analysis. New positions can only be opened if the following conditions are met:- The EA has opened fewer positions than the defined number of candles for analysis.
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 JK Synchro
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
The EA analyzes the open and close between the zero bar (the rightmost bar in the chart) and a specified number of candles for analysis.
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: synchronized charts - another powerful expert for MetaTrader 5 traders.
The EA analyzes the open and close between the zero bar (the rightmost bar in the chart) and a specified number of candles for analysis.Also recommended: MT5 Time Synchronization EA - similar expert with strong performance on MetaTrader 5.
New positions can only be opened if the following conditions are met:
- The EA has opened fewer positions than the defined number of candles for analysis.
- The latest trading server time is within the specified start and end hours.
- More than the defined pause duration has elapsed since the last position was opened.
Parameters such as stop loss, take profit, and trailing can be customized or disabled.
Inputs:
- Stop Loss
- Take Profit
- Trailing Stop
- Trailing Step
- Lots
- Risk
- Maximum Number of Positions
- Number of Candles for Analysis
- Pause Between Transactions
- Start Hour
- End Hour
Optimization of input parameters is required for each symbol and timeframe.
You may also like: Color XVA MA Digit ST Dev Expert Advisor - 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.