Surefirething EA

Surefirething EA
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Surefirething EA

Info

The Surefirething EA is a Expert Advisor for MetaTrader 5 that this expert advisor (ea) is designed to manage pending orders and positions, offering a comprehensive trading strategy. Functionality:- The EA sets pending buy limit and sell limit orders based on specific conditions.

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 Surefirething EA

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

This Expert Advisor (EA) is designed to manage pending orders and positions, offering a comprehensive trading strategy.

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: Elliott Wave Oscillator Expert Advisor - another powerful expert for MetaTrader 5 traders.

This Expert Advisor (EA) is designed to manage pending orders and positions, offering a comprehensive trading strategy.

Also recommended: Expert Advisor: XDPO Histogram - similar expert with strong performance on MetaTrader 5.


Functionality:

- The EA sets pending buy limit and sell limit orders based on specific conditions.
- Pending order placement is checked when a new bar appears.
- Trailing of positions is monitored on each tick.
- When a pending order is triggered, all other pending orders are removed.
- Daily at 23:50, all pending orders are canceled, and all positions are closed.

Inputs:

- Lots: Specify the volume for pending orders.
- Stop Loss (in pips): Set the stop loss value (0 to disable).
- Take Profit (in pips): Define the take profit value (0 to disable).
- Trailing Stop (in pips): Enable trailing (0 to disable).
- Trailing Step (in pips): Set the trailing step.
- Magic Number: A unique identifier for the EA.

Testing:

Tested on all symbols on D1 from 01.01.2026 to 05.08.2026.

You may also like: simple price ea - 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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.