vr---moving
Info
The vr---moving is a Expert Advisor for MetaTrader 5 that idea by:. mql5 code by:.
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
idea by:.
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: alexav speed up m1 - another powerful expert for MetaTrader 5 traders.
idea by
: .
mql5 code by
: .
the ea trades on indicator moving average, all the preparatory and trading functions having been implemented as the
Also recommended: fibo retracement trader - similar expert with strong performance on MetaTrader 5.
cmovingtrading 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."
You may also like: exp traling stop - 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.