VR---Moving

VR---Moving
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VR---Moving

Info

The VR---Moving is a Expert Advisor for MetaTrader 5 that this ea trades based on the moving average indicator, with all preparatory and trading functions implemented in the cmoving trading class within a separate file named moving. mqh.

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 VR---Moving

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 EA trades based on the Moving Average indicator, with all preparatory and trading functions implemented in the cmoving trading class within a separate file named moving.

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: Cross Contest Hedged Moving Average Intersection EA - another powerful expert for MetaTrader 5 traders.

This EA trades based on the Moving Average indicator, with all preparatory and trading functions implemented in the cmoving trading class within a separate file named moving.mqh.

Also recommended: Close Positions Expert Advisor - similar expert with strong performance on MetaTrader 5.


Inputs:

- Magic Number: A unique identifier for the EA.

- Lots: Position volume or risk size.

- Risk: Risk percentage of free margin per trade.

- MA: Period, Averaging Period, Horizontal Shift, Smoothing Type, and Type of Price.

- Take Profit: Take profit value.

- Lot Multiplier for a Series of Positions: Volume increase for multiple positions.

- Distance from Moving Average: Distance from the indicator.

- Additive in the Presence of the General Profit: Additional indent when there is general profit.

The EA utilizes a swing principle, allowing for lot size increases. The strategy involves:

- Opening a buy position if the price is above the moving average indicator at a predefined distance.

- Opening a sell position with the same lot if the price moves down from the indicator at the specified distance.

- Opening the next buy position if the price moves up from the highest buy position at the set distance.

- Opening the next sell position if the price moves down from the lowest buy position at the defined distance.

Class cmoving: GBPJPY, H1, "Every tick based on real ticks."

You may also like: neuro nirvaman ea 2 - excellent alternative for expert users on MetaTrader 5.

Source Code

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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.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.