SA R trading
This tool for MetaTrader 5 is specifically engineered to streamline your trading operations. 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 SA R trading
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
Trading signals are generated based on a comparison of two trend indicators: iMA (Moving Average, MA) and iSAR (Parabolic SAR). The EA works on the zero bar, only one position can be open. Position trailing.
Input parameters are divided into two groups. The main group contains trading settings:
Lots
- position volume;
Stop Loss (in pips)
- stop loss value (Attention! The 0 value disables the function, and a position may never be closed);
Take Profit (in pips)
- take profit value (Attention! The 0 value disables the function, and a position may never be closed);
Trailing Stop (in pips)
- trailing value;
Trailing Step (in pips)
- trailing step value.
Indicator parameters are set in the second group. A different timeframe can be specified in indicator settings.
Results of testing in the "Every tick" mode on EURUSD, H1:
