Lucky
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 Lucky
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
A tick Expert Advisor. Comparing the price on the previous tick and the current price.
Attention! Tests only in the "Every tick based on real ticks" mode.
Algorithm: two variables:
static double prev_ask=0.0; // a static variable for storing the ask price on the previous tick static double prev_bid=0.0; // a static variable for storing the bid price on the previous tick
The static variable retains its value after leaving the function.
Input Parameters:
the difference between the price on the previous tick and the current one
loss of points
reverse of signals
The most interesting parameter is the "reverse of signals". Depending on the value (true or false) open at a signal either Buy or Sell.
