the smart averager - hello smart
Info
The the smart averager - hello smart is a Expert Advisor for MetaTrader 5 that the hello smartexpert advisor averages losing positions. the buyselltrading direction is selected in the settings.
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 the smart averager - hello smart
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
the hello smartexpert advisor averages losing positions.
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: Averager on Buy and Sell Simultaneously - another powerful expert for MetaTrader 5 traders.
the
hello smart
expert advisor averages losing positions. the
Also recommended: e-smart trailing - similar expert with strong performance on MetaTrader 5.
buyselltrading direction is selected in the settings. then, if the price goes in unfavorable direction, the ea opens an averaging order with a fixed volume of
lot
at the
step
distance specified in points. once the ea accumulates positions of
biglot
volume, the initial lot size increases by the
mnogitel
coefficient. the position is closed upon reaching the
profit
or
loss
in the deposit currency. all ea operations are performed on the candle open prices.
the ea has been optimized at the interval from 11.01.2013 to 12.09.2016 for the eurusd currency pair, h1 and Н4 periods.
settings:
fig1. results of the ea trading and optimization from 11.01.2013 to 12.09.2016. eurusd, h1
fig.2. results of the ea trading and optimization from 11.01.2013 to 12.09.2016. eurusd, h4
tips:
recommended for use as a trading assistant and for developing your own strategies.
You may also like: vr smart grid lite mt5 - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <trade\trade.mqh>
#include <trade\positioninfo.mqh>
ctrade trade;
cpositioninfo pos;
input int buysell = 2; // 1-only buy 2-only sell
input int step = 1000; // step
input double lot = 0.1; // volume.......
⚠ 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.