Lucky
Info
The Lucky is a Expert Advisor for MetaTrader 5 that how it worksif the price moves 'shift' points or more for one tick, a position is opened in the direction opposite to the movement of the price. As soon as the position becomes profitable (at any minimum value), it closes.
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 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.
What this tool does
How it worksIf the price moves 'shift' points or more for one tick, a position is opened in the direction opposite to the movement of the price.
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: lucky - another powerful expert for MetaTrader 5 traders.
How it worksIf the price moves 'shift' points or more for one tick, a position is opened in the direction opposite to the movement of the price. As soon as the position becomes profitable (at any minimum value), it closes.
Also recommended: e-news-lucky - similar expert with strong performance on MetaTrader 5.
How it works means that shift value is 3, spread is equal to 2.
Parameters
- Lots - position volume.
- Shift - price change to open a position.
- Limit - loss value in points to close a position.
Note: The Expert Advisor testing in the strategy tester is likely to be unreliable. It must be tested on a demo account.
You may also like: exp tsi de marker - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property version "1.00"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#include <trade/trade.mqh>
#include <trade/symbolinfo.mqh>
#include <trade/positioninfo.mqh>
ctrade trade;
csymbolinfo sym;.......
⚠ 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.