Trading Boxing
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. 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 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.
Description & Settings
In developing it, we were inspired by code . However, the code below is only based on the idea, while absolutely all implementation is in MQL5 and on new trading classes.
Trading panel has only one input parameter,
magic number
- the unique identifier for the EA.
Appearance of the trading panel:
To show the volumes (for positions and pending orders), standard class was slightly modified and saved as
CSpinEditDouble
. Unfortunately, we did not manage to create it using inheritance, since we had to change the class members declared as "private."
As you can see from the class name, it was created to display the double-type data. Therefore, we added method
DisplayedDigits
- defining the text display accuracy in the control.
The text field in this control was made editable, too. For instance, it may be helpful when you have to enter a price or a volume that differ much from the value in the text field. For the text from the text field to be saved as a value, method
EndEdit
was added to class CSpinEditDouble:
This method memorizes the entered text as a value.
Method
EndEdit
is called from the OnEvent class
CSpinEditDouble
:
For trade orders to be processed as soon as possible (even on a very quiet market where ticks come in at large intervals), every click on the trading panel button will forcedly call internal handler CTradingBoxingDialog::OnTick().
