Trend Me Leave Me
This tool for MetaTrader 5 is specifically engineered to streamline your trading operations. 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 Trend Me Leave Me
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
TrendMeLeaveMe is a MetaTrader 5 EA. The semi-automated Expert Advisor using a trend line (TrendLIne).
Before launching the EA, simply draw a bullish or a bearish trend. Set the properties, launch the EA and you are free to focus your attention on something else.
This is an automated EA. First, you should draw an upward, downward or horizontal trend:
Name it
buystop
or
sellstop
and set the
BuyStop_StepUpper
,
BuyStop_StepLower
,
SellStop_StepUpper
and
SellStop_StepLower
parameters
When the price enters the area between your buystop and BuyStop_StepLower levels, the EA opens a buystop order following the BuyStop_StepUpper price. When the price enters the area between your sellstop and SellStop_StepUpper levels, the EA opens a sellstop order following the SellStop_StepLower price. The EA always changes the OpenPrice for both order types when the price follows a trend till it leaves the displayed area. You can adjust
BuyStop_StopLoss
,
BuyStop_Takeprofit
and
BuyStop_Lot
to open a buystop order. You can also set
SellStop_StopLoss
,
SellStop_Takeprofit
and
SellStop_Lot
for a sellstop order. Here is how it looks on the charts:
Another example:
