Kloss
This is a powerful addition to your MetaTrader 5 toolkit designed to optimize market analysis and performance. 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 Kloss
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
How it works
Three indicators such as (MA), , are used.
When CCI is lower than a level, stochastic is lower than a level, price is higher than the МА, then there is a buy.
When CCI is higher than a level, stochastic is higher than a level, price is lower than the МА then there is a sell.
The image 1 shows the performance of the Expert Advisor in the strategy tester's visual mode, the image 2 shows the results of the tester.
Fig. 1. Deals in the Expert Advisor tester. Sell performed above МА, so different shift of MA and price is used.
Fig. 2. The results of work of the Expert Advisor for the last year (2012) at EURUSD H1.
Parameters
Lots - lot; when 0, the MaxrR parameter is used.
MaximumRisk - Risk (default value Lots=0).
StopLoss - Stop Loss in points, 0 - without Stop Loss.
TakeProfit - Take Profit in points, 0 - without Take Profit.
RevClose - Close the position by the opposite trading signal.
MAPeriod - The period of the Moving Average.
MAMethod - The method of the Moving Average.
MAPrice - The price of the Moving Average.
MAShift - The bar from which the Мoving Аverage value is taken to compare it with the price.
PShift - The bar from which the price value is taken to compare it with the Мoving Аverage.
CCIPeriod - The period of the CCI.
CCIPrice - The price of the CCI.
CCIDiffer - The CCI level (in both sides from 0 for a buy and a sell).
CCIShift - The bar on which the CCI is checked.
StKPeriod - The period of К stochastic.
StDPeriod - The period of D stochastic.
StSPeriod - The period of S stochastic.
StMethod - The method of stochastic.
StPrice - The price of stochastic.
StShift - The bar on which the Stochastic is checked.
StDiffer - Stochastic level (in both sides from 50 for a buy and a sell).
CommonShift - Common shift (added to Shift variable of all indicators).
MWMode - Place Stop Loss and Take Profit after position opening.
