Trading Boxing
Info
The Trading Boxing is a Expert Advisor for MetaTrader 5 that in developing this trading panel, we drew inspiration from existing code. The implementation, however, is entirely in MQL5 and utilizes new trading classes.
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 Trading Boxing
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
In developing this trading panel, we drew inspiration from existing code.
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: Tick Scalper Helper: Tick Chart and One-Click Trading Panel for MT5 - another powerful expert for MetaTrader 5 traders.
In developing this trading panel, we drew inspiration from existing code. The implementation, however, is entirely in MQL5 and utilizes new trading classes.Also recommended: Basket Pair Closer: Efficiently Close Trading Positions - similar expert with strong performance on MetaTrader 5.
The trading panel has a single input parameter:
- Magic Number: A unique identifier for the EA.
Appearance and Functionality:
To display volumes for positions and pending orders, we modified the standard class and saved it as CSPineditdouble. The class was adjusted to display double-type data, and we added the method DisplayedDigits to control the text display accuracy.
The text field within this control is editable, allowing users to input prices or volumes that deviate significantly from the initial value. The method EndEdit ensures that the entered text is saved as a value.
To ensure prompt processing of trade orders, even in quiet market conditions with infrequent ticks, each click on the trading panel button triggers the internal handler Ctradingboxingdialog::ontick().
You may also like: CME Equity Index Futures Holiday Calendar and Trading Halt Automation - 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.