Trailing with Close Button
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 Trailing with Close Button
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
This EA help you for
1. Auto set the TP & SL by default parameter
2. Auto trailing stop & step for any order that you place from any device
3. Easy way to close all orders with button "Close All" for the
Current Symbol
How to use :
1. Add this EA for any symbol
2. Set the variable value that you need to TP, SL, Trailing & Closing the orders action
3. This EA not based for specific Magic Number, then if you place the order on Mobile Device the order will be modify (SL,TP & Trailing) by EA
NOTES:
For Currency Symbols the Values of SL,TP & Trailing is the normal pips
Ex. EURUSD : type with 1 is for 1 pips. Like this 1.000
45
- 1.000
55
Specially for XAUUSD must be equal x100
Ex. XAUUSD : type with 100 is for 100 pips. Like this 178
5.01
- 178
6.01
For Boom/Crash Synthetic Symbols :
Boom/Crash 1000 : x5000
Boom/Crash 500 : x100
ThanksSend me coffee is very welcome & appreciate :)
Setup:
SAMPLING SETUP FOR XAUUSD
SAMPLING SETUP FOR CURRENCY/ ex.EURUSD
My Setup:
Have a nice trade....
