Smatf
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 Smatf
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
How it works
The Expert Advisor analyses many from several timeframes (by 5 Moving Averages on 3 timeframes) and the indicators (total 2 on 2 timeframes). The power of the signal is calculated by the indicators state (high or low), the input signals can be performed on all signals or only by a high signal.
The image 1 shows the performance of the Expert Advisor in the tester's visual mode, the image 2 shows the results of the tester.
Fig. 1. Deals in the Expert Advisor tester.
Fig. 2. The results of work of the Expert Advisor for the last month (09.2012) at EURUSD M15.
Parameters
TF1, TF2, TF3 - Timeframes.
maTrendPeriodv_1, maTrendPeriodv_2, maTrendPeriodv_3, maTrendPeriodv_4, maTrendPeriodv_5 - The period of the Moving Average.
Shift - The bar on which the indicators are checked: 0 - forming bar, 1 - first formed bar.
OpenLevel - Open level is 0 or 1.
CloseLevel - Close level is 0 or 1, 2 - off.
Lots - Lot.
StopLoss - Stop Loss in points, 0 - without Stop Loss.
TakeProfit - Take Profit in points, 0 - without Take Profit.
Trailing - Trailing stop level; when the value is 0, the trailing stop is disabled.
