This is a cross-platform МТ45 Expert Advisor
This is a powerful addition to your MetaTrader 5 toolkit designed to optimize market analysis and performance. 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 This is a cross-platform МТ45 Expert Advisor
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
After a losing trade, the МТ45 EA opens the next trade with a higher lot.
The first deal is always a Buy operation, after that positions alternate, i.e. buying-selling-buying.
The EA opens positions at the candlestick opening.
After a Stop Loss, the EA increases the lot by
KL
coefficient until it reaches the maximum value of
ML
. Then the lot is reset to the initial one,
LТ
.
EURUSD, the Н1 timeframe. The EA is optimized at an interval of 11.01.2014-09.09.2017
Expert Advisor Settings Features
The cross-platform mode is implemented using preprocessor directives. An example of the Martingale function:
Backtests
The МetaТrader 4 terminal:
The МetaТrader 5 terminal:
Tips
It is recommended to use this EA only as a basis for your own strategy.
