Umnick Trader
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 Umnick Trader
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
An MQL5 implementation of the adaptive Expert Advisor.
General Theory of Trading (GTT): In order to make profit, trade your own function synchronized with the market.
The attached Expert Advisor features the simplest principles of GTT and of adjustment to the market. The Digital Brain (DB) technology was used in the creation of adaptive algorithms. The components of the DB technology are protected with two patents issued in the Russian Federation: No 2257611 and No 2295763.
The EA has one optimizable parameter: StopBase.
All positions are opened by market. Positions are only closed by limit and stop orders.
Testing results on EURUSD, M30, from 2017.06.09 to 2018.02.10:
