Trailing with Close by Button and Profit
This tool for MetaTrader 5 is specifically engineered to streamline your trading operations. 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 Trailing with Close by Button and Profit
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
all orders This EA is modification of this
How to use :
1. Add this EA for any symbol
2. Set the variable value that you need to TP, SL, Trailing, Closing, Treshold of Profit or Loses for the orders
3. This EA not based for specific Magic Number, then if you place the order on Mobile Device the order will be modify (SL,TP & Trailing) by EA
Modification features is :
1. Separate with 5 Buttons
2. Auto close All Orders if reach the profit according with value of parameter : "CLOSE IF PROFIT-xxxx" (Fill with 0 if you don't use it)
--> Fill
100.0
will auto close all orders when profit reach $100
--> Fill 0.0 will non activated this function
3. Auto close All Orders if reach the loss according with value of parameter : "CLOSE IF LOSS-xxxx" (Fill with 0 if you don't use it)
--> Fill
-70.0
will auto close all orders when loss reach -$70
--> Fill 0.0 will non activated this function
Have a nice trade....
Update History:
- Add button Close BUY
- Add button Close SELL
- Remove not used parameter "
Lots
"
