Download ALL MT5 experts (1593)
Similar MetaTrader Tools
russian20-hp1
Info
The russian20-hp1 is a Expert Advisor for MetaTrader 5 that idea by:the expert advisor is based on the trend indicator ima (moving average, ma) and the imomentum oscillator (momentum). it can work on every tick (work on every tick= "true") and only at the new bar emergence time (work on every tick= "false").
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 russian20-hp1
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:the expert advisor is based on the trend indicator ima (moving average, ma) and the imomentum oscillator (momentum).
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: XM A C D - another powerful expert for MetaTrader 5 traders.
idea by
:
the expert advisor is based on the trend indicator ima (moving average, ma) and the imomentum oscillator (momentum). it can work on every tick (
Also recommended: simplest hedging ea ever - similar expert with strong performance on MetaTrader 5.
work on every tick= "
true
") and only at the new bar emergence time (
work on every tick
= "
false
").
the
work timeframe
parameter means the timeframe, on which indicators are created and the bar close prices of which are used.
for buy and sell positions, you can separately set stop loss (
stop loss buy
,
stop loss sell
) and take profit (
take profit buy,
take profit sell
). if you want to disable any of these options, set the appropriate parameter to "0.0".
trading signals
if there are no open positions, then position opening signals can be checked:
buy opening signal: (close of bar #0 > moving average on bar #0) and (momentum on bar #0 >100.0) and (close of bar #0 > close of bar #1)
sell opening signal: (close of bar #0 < moving average on bar #0) and (momentum on bar #0 <100.0) and (close of bar #0 < close of bar #1)
when there are open positions, the possibility of closing is checked:
a signal to close buy: (momentum on bar #0 <100.0)
a signal to close sell: (momentum on bar #0 >100.0))
the results of optimization of
work on every tick
and
work timeframe
for eurusd are provided as default ea parameters. results of eurusd testing with default parameters:
You may also like: exp cycle period - excellent alternative for expert users on MetaTrader 5.
Source Code
/.......
⚠ 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.