Getting Started with our EAs


Getting Started with the EA

How to Attach the EA to a Chart

To begin using the EA, simply attach it to any chart. The EA is pre-configured to handle trades on the defined symbols and automatically adapts to the chart’s timeframe and conditions.
For detailed guidance, check out this blog post:
https://www.mql5.com/en/blogs/post/751036

Updating Your EA

Stay up-to-date with the latest EA version for the best performance. When an update is released, follow the steps outlined in this blog:
https://www.mql5.com/en/blogs/post/729017


Backtesting Tips

For accurate results, it’s best to use MT5 for backtesting. While MT4 can work, it has significant limitations:

  • MT4 lacks modern options like “Every Tick Based on Real Ticks.”
  • Backtesting on MT4 is restricted to a single symbol at a time, making it tedious for strategies involving multiple pairs.
    Switching to MT5 ensures you get reliable and comprehensive backtest data.

Customizing Trading Symbols

To trade different symbols:

  • Go to the Inputs section of the EA.
  • Enter the desired symbols (e.g., AUDJPY ) without suffixes or prefixes.
    For instance, if your broker uses AUDJPY.f , only input AUDJPY .

Using the EA with Other Systems

The EA is compatible with other Expert Advisors on the same platform. To ensure no overlap:

  • Assign a unique Magic Number for each EA.
    This prevents any conflicts between their trades.


Joining Telegram and MQL5 Channels


Tips:

  • The default settings are designed for optimal performance.  
  • The minimum deposit amount is flexible, but I recommend risking no more than 3% per trade. Adjust this based on your strategy and risk appetite.
  • I value user feedback and welcome suggestions for new features or inputs. Feel free to message me directly on MQL5, and I’ll consider implementing your ideas.

Inputs Explanation

General Setup

  • Trading Symbols: Specify the symbols to trade, e.g., AUDJPY .
  • Magic Number: A unique identifier for this EA’s trades to differentiate them from other EAs.
  • Order Comment: Add an optional comment to trades for better tracking.

Risk Settings

  • Lot Management Method: Choose between fixed or balance-based lot sizing.
  • Risk Percentage: Define the risk per trade as a percentage of account balance.
  • Fixed Lot Size: Assign a static lot size for all trades.
  • Lot Decrease Percentage: If enabled, this percentage reduces lot size dynamically under certain conditions.
  • Hedging: Toggle the hedging feature to allow or prevent multiple positions in opposite directions.

Telegram Notifications

  • Enable Notifications: Turn on Telegram alerts for trade updates.
  • Telegram Bot Token: Provide the bot token for sending notifications.
  • Telegram Chat ID: Enter the chat ID where you want to receive updates.
  • Refresh Frequency: Set how often the EA refreshes Telegram notifications.

Mobile Notifications

  • Mobile Alerts: Enable or disable notifications sent to your mobile device.



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