How do I install this Expert on MetaTrader 5?

Download the file, open MetaTrader 5 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Expert?

Drag the Expert Advisor from the Navigator panel onto a chart, enable AutoTrading, and allow live trading in the settings.

Is this compatible with MetaTrader 5?

Yes, this Expert is built specifically for MetaTrader 5.

Is this Expert safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Expert on multiple charts?

Yes, but each chart can only run one Expert Advisor at a time. You can run multiple EAs on different charts.

Can I customize the settings of this Expert?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free up3x1 Expert for MetaTrader 5

MetaTrader 5 expert

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up3x1

Info

The up3x1 is a Expert Advisor for MetaTrader 5 that this expert advisor utilizes three moving averages (mas) for trading signals. When the fast MA crosses the middle MA, and both are below the slow MA, a buy position is opened.

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 up3x1

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

This expert advisor utilizes three moving averages (MAs) for trading signals.

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: up3x1 krohabor d - another powerful expert for MetaTrader 5 traders.

This expert advisor utilizes three moving averages (MAs) for trading signals.

When the fast MA crosses the middle MA, and both are below the slow MA, a buy position is opened. Conversely, when the fast MA crosses the middle MA downward, and both are above the slow MA, a sell position is initiated.

Also recommended: up3x1 premium m - similar expert with strong performance on MetaTrader 5.

The lot size for positions can be either fixed or proportional to the free margin. An additional feature allows for lot size reduction after consecutive losing trades, with the reduction factor controlled by the 'decreasefactor' parameter. A trailing stop function is also available for open positions.

Parameters:

- maximumrisk - Risk percentage (used if lots=0).

- lots - Fixed lot size.

- decreasefactor - Lot reduction factor after losses. Set to 0 to disable reduction. A smaller value results in a greater reduction.

- takeprofit - Take profit in points.

- stoploss - Stop loss in points.

- trailingstop - Trailing stop in points. Set to 0 to disable.

- fastperiod - Fast MA period.

- fastshift - Fast MA shift.

- middleperiod - Middle MA period.

- middleshift - Middle MA shift.

- slowperiod - Slow MA period.

- slowshift - Slow MA shift.

You may also like: up3x1 - excellent alternative for expert users on MetaTrader 5.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
#property version   "1.00"
#include <trade/trade.mqh>
#include <trade/symbolinfo.mqh>
#include <trade/dealinfo.mqh>
#include <trade/positioninfo.mqh>
ctrade trade;
cdealinfo deal;

.......

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⚠ 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.