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sh e kanskigor
Info
The sh e kanskigor is a Expert Advisor for MetaTrader 5 that how it works the expert advisor determines the direction of the last daily bar at a set time and opens a position in the opposite direction, provided there is no open position. The image below illustrates the expert advisor's performance in the strategy tester's visual mode.
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 sh e kanskigor
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
How it works The expert advisor determines the direction of the last daily bar at a set time and opens a position in the opposite direction, provided there is no open position.
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: forex calculators - another powerful expert for MetaTrader 5 traders.
How it worksThe expert advisor determines the direction of the last daily bar at a set time and opens a position in the opposite direction, provided there is no open position.
Also recommended: the master mind 3 - similar expert with strong performance on MetaTrader 5.
The image below illustrates the expert advisor's performance in the strategy tester's visual mode.
Parameters
- Lots: Position volume.
- Profit: Take profit in points. 0 indicates no take profit.
- Stop: Stop loss in points. 0 means no stop loss.
- Slippage: Permissible slippage in points.
- Symb: Trade symbol. If set to *, the chart symbol is used.
- StartTimeHour: The hour when the position opens.
- StartTimeMinute: The minute when the position opens.
You may also like: simple three inside pattern ea - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property version "1.00"
#include <trade/trade.mqh>
#include <trade/symbolinfo.mqh>
#include <trade/positioninfo.mqh>
ctrade trade;
csymbolinfo sym;
cpositioninfo pos;.......
⚠ 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.