trailing with close by button and profit
Info
The trailing with close by button and profit is a Expert Advisor for MetaTrader 5 that all orders this ea is modification of this how to use : 1. add this ea for any symbol2.
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 trailing with close by button and profit
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
all orders this ea is modification of this how to use : 1.
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: Professional Automatic Trailing Stop Utility for MetaTrader 5 - another powerful expert for MetaTrader 5 traders.
Also recommended: Interactive Chart Trading Panel with Risk Management for MT5 - similar expert with strong performance on MetaTrader 5.
all orders this ea is modification of thishow to use :
1. add this ea for any symbol
2. set the variable value that you need to tp, sl, trailing, closing, treshold of profit or loses for the orders
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
modification features is :
1. separate with 5 buttons
2. auto close all orders if reach the profit according with value of parameter : "close if profit-xxxx" (fill with 0 if you don't use it)
--> fill
100.0
will auto close all orders when profit reach $100
--> fill 0.0 will non activated this function
3. auto close all orders if reach the loss according with value of parameter : "close if loss-xxxx" (fill with 0 if you don't use it)
--> fill
-70.0
will auto close all orders when loss reach -$70
--> fill 0.0 will non activated this function
have a nice trade....
update history:
- add button close buy
- add button close sell
- remove not used parameter "
lots
"
You may also like: Gold Scalp Bot - Autonomous XAUUSD Scalper with Local App Bridge - excellent alternative for expert users on MetaTrader 5.
Source Code
яю//+----------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "2.0"
#include <Trade\PositionInfo.mqh>
#include <Trade\Trade.mqh>
#include <Trade\SymbolInfo.mqh>
#include <Trade\AccountInfo.mqh>
#include <Trade\DealInfo.mqh>
#include <Trade\OrderInfo.mqh>
.......
⚠ 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.