up3x1 Investor
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. 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 up3x1 Investor
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
The Expert Advisor's trading is focused on the panic caused by the releases of important economic indicators in the FOREX market: we analyze the candlestick's High-Low and Open-Close values.
The Expert Advisor parameters are configured for trading EUR/USD on H1. Recommended initial deposit is $1000 or higher. You can try to increase profit by increasing the risk factor, but it is better to stick to money management rules and use them as is.
Input Parameters
Trade parameters
Stop Loss (in pips)
- Stop Loss value.
Take Profit (in pips)
- Take Profit value.
Trailing Stop (in pips)
- trailing value.
Trailing Step (in pips)
- trailing step value.
Risk in percent for a deal from a free margin
- risk per trade as percent of free margin.
Decreased factor (based on the history of trading)
- this factor is used in case of having losing trades.
History days (only if "Decreased factor" > 0)
- the number of days for analyzing the trading history.
Difference parameters
Difference high#1 minus low#1 (in pips)
- the minimum value of candlestick's High minus Low;
Difference open#1 minus close#1 (in pips)
- the minimum value of candlestick's Open minus Close. Example if testing on EURUSD, H1:
