JK Synchro
This tool for MetaTrader 5 is specifically engineered to streamline your trading operations. 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 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.
Description & Settings
Idea by
: .
MQL5 code by
: .
The EA analyzes the Open and Close between zero bar (the rightmost bar in the chart) to bar
Number of candles for analysis
. New positions may only be opened, if the following three requirements are met:
As of now, the EA has opened fewer positions than
Number of candles for analysis
;
The latest trading server time known is within the range from
Start hour
and
End hour
; and
Upon opening the last position more than
Pause between transactions
seconds have elapsed.
You can define (or even completely disable) parameters, such as Stop Loss, Take Profit, and Trailing.
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.
For each symbol and timeframe, a separate optimization of input parameters is required.
