mart greg
Info
The mart greg is a Expert Advisor for MetaTrader 5 that the expert advisor utilizes a dual macd indicator system. the first macd indicator identifies entry points, while the second assesses the prevailing trend.
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 mart greg
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
the expert advisor utilizes a dual macd indicator system.
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: sideways martingale with ai trend detection - another powerful expert for MetaTrader 5 traders.
the expert advisor utilizes a dual macd indicator system. the first macd indicator identifies entry points, while the second assesses the prevailing trend.Also recommended: pro mart: a martingale-based expert advisor - similar expert with strong performance on MetaTrader 5.
money management employs a fixed-part strategy alongside a martingale system, with a limited number of doubles.
ensure the libraries are placed in the terminal_data_folder\mql5\include folder of the client terminal.
input parameters:
- dml - deposit size for the minimal allowed lot for the account.
- ud - number of doublings. it starts with 0, indicating no doublings.
- stop - stop loss value in points.
- tp - take profit value in points.
- slippage - slippage in points.
- macd1fast - fast ЕМА for macd, used to identify entry points.
- macd1slow - slow ЕМА.
- macd2fast - fast ЕМА for macd, employed to determine the trend.
- macd2slow - slow ЕМА.
You may also like: well martin - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <ontesterfunctions.mqh>
#include <martingail.mqh>
input double dml=1000;
input int ud=1;
input int stop=500;
input int tp=1500;
input int slipage=50;.......
⚠ 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.