neurotest

neurotest
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neurotest

Info

The neurotest is a Expert Advisor for MetaTrader 5 that the code is an expert advisor for metatrader 5 based on a neural network. it uses historical market data to predict future price movements.

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 neurotest

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 code is an expert advisor for metatrader 5 based on a neural network.

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: exp fractal rs i - another powerful expert for MetaTrader 5 traders.

the code is an expert advisor for metatrader 5 based on a neural network. it uses historical market data to predict future price movements. the neural network has a hidden layer and adjusts its weights during training. there is a dynamic stop loss calculated with the atr indicator. the ea has protection mechanisms against excessive losses, such as daily and total loss limits. the net parameters can be saved and reloaded later to continue training.

Also recommended: exp laguerre filter - similar expert with strong performance on MetaTrader 5.

Source Code

#property copyright "RobotFX"
#property version   "1.11"
#property strict
input double   MaxRiskPerTrade      = 1.0;        // Maximum risk per trade in percentage
input double   DailyLossLimit       = 5.0;        // Maximum daily loss in percentage
input double   TotalLossLimit       = 10.0;       // Maximum total loss in percentage
input int      MagicNumber          = 12345;      // Unique identifier
input bool     EnableLogging        = true;       // Enable detailed logging
input double   InitialLearningRate  = 0.01;       // Initial learning rate for neural network
input int      HiddenLayerSize      = 5;          // Number of neurons in hidden layer

.......

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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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.