VR---Moving
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. 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 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.
Description & Settings
Idea by
: .
MQL5 code by
: .
The EA trades on indicator Moving Average, all the preparatory and trading functions having been implemented as the
CMoving
trading class in a separate file named
Moving.mqh
.
Inputs
magic number
- the unique EA identifier;
Lots
- position volume (the position volume above zero or risk size above zero may be specified);
Risk
- risk in percents of free margin per trade (the position volume above zero or the risk size above zero may be specified);
MA: period
- indicator Moving Average: Timeframe;
MA: averaging period
- indicator Moving Average: Averaging period;
MA: horizontal shift
- indicator Moving Average: Horizontal shift;
MA: smoothing type
- indicator Moving Average: Averaging method;
MA: type of price
- indicator Moving Average: Type of prices, on which the indicator is calculated;
Take Profit
- Take Profit (for the case where one position is open);
Lot multiplier for a series of Positions
- increasing the volume of a position for a series of positions;
Distance from Moving Average
- distance from the Moving Average indicator;
Additive in the presence of the general profit
- adding to the indent, if there is general profit.
The EA uses the swing principle, there being a possibility to increase the number of lots; a simple strategy is used for its operation:
If the price is above the Moving Average indicator at a pre-set
Distance from Moving Average
, we will open a BUY position;
If the price moves down from the Moving Average indicator at a pre-set
Distance from Moving Average
, we will open a SELL position with the same lot;
If the price has moved up from the BUY position having the highest price at a pre-set
Distance from Moving Average
, we will open the next BUY position;
If the price has moved down from the BUY position having the lowest price at a pre-set
Distance from Moving Average
, we will open the next SELL position; Class CMoving
GBPUSD, H1, "Every tick based on real ticks."
