peceptron mult
Info
The peceptron mult is a Expert Advisor for MetaTrader 5 that idea by:code mq5 by:this is a multisymbol ea, i. e.
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 peceptron mult
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
idea by:code mq5 by:this is a multisymbol ea, i.
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: Advanced Risk Manager: Auto Suffix Detection Multi-Currency Lot Sizer - another powerful expert for MetaTrader 5 traders.
Also recommended: vr rsi robot: multi-timeframe rsi trading strategy for metatrader 5 - similar expert with strong performance on MetaTrader 5.
idea by:code mq5 by:
this is a multisymbol ea, i.e., it works simultaneously on three symbols: eurusd (
symbol #1
), gbpjpy (
symbol #2
), and audnzd (
symbol #3
). a simple neural network (perceptron) is use, which works on indicator iac (acceleration/deceleration, accelerator/decelerator oscillator, ac).
for optimization mode, you can disable some symbols just by assigning a non-existing symbol to variable
symbol #
.
setting the size of a position
an uncommon pattern is used in this ea to set the volume of a position: the minimum number of lots is specified in the variables of
number of minimum lots for symbol #
. example: the minimum lot size is 0.1 on
symbol #1
and 0.01 on
symbol #2
, i.e., the difference is ten times. so, if variable
number of minimum lots for symbol #
is set as 10 for both symbols, then a position of 1.0 lots (0.1 x 10) will be opened for
symbol #1
and 0.10 lots (0.01 x 10) for
symbol #2
.
perceptron block
at each new bar (at the moment where there is a new bar for all symbols used), an array of the indicator values (
array
) is assigned to the perceptron block for each symbol:
i recommend to consecutively perform optimizations for each symbol. first,
symbol #1
is optimized, while
symbo2 #1
and
symbol #3
are disabled. for all symbols, parameters x are set within the range from 0 through 100, while sl (stop loss) and tp (take profit) are set at your own discretion. please keet in mind that, to disable a symbol, it is sufficient to assign variable
symbol #
with a non-existing symbol.
You may also like: multik expert advisor - excellent alternative for expert users on MetaTrader 5.
Source Code
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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.