MA2 CC I
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 MA2 CC I
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
The entry point lies at the intersection of two s and a concurrent intersection of the zero line by . The exit lies at the reverse intersection of two МАs. The image below shows the entry into a sell position, the signal bar marked by a vertical line and the exit at the reverse intersection of two MAs.
If the trades are losing, the volume of new positions can be reduced in proportion to the number of losing trades. The more consecutive losing trades, the smaller the lot. If the trades are winning, the Expert Advisor keeps trading the initial lot size. The Initial lot can be constant or proportional to the available funds.
Parameters
FMa - fast MA period.
SMa - slow МА period.
PCCi - CCI period.
pATR - ATR period for Stop Loss.
Lots - order volume; when 0, the MaxR parameter is used;
SndMl - sends messages by e-mail when the Expert Advisor opens and closes positions.
DcF - lot reduction factor at losses. If the value is 0, the reduction is not carried out. The lower the value, the greater the lot reduction. If the lot cannot be reduced, the minimum lot is used.
MaxR - maximum risk from 0-1 (share of free funds). It is effective when Lots value is 0. Note
Simple MAs are used on the closing price. CCI is calculated on the closing price. Only indicator periods can be changed in the window of properties.
