Multik

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EURUSD, H1
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The Implementation of a Multi-currency Mode in MetaTrader 5

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Downloads:: 2911
Views:: 1795
Rating:: votes: 3
Files:: \MQL5\Experts\
multik.mq5 (25.85 KB)view

How to download code using MetaTrader 5

Real author:

This Expert Advisor is based on the idea, presented in the article Creating an Expert Advisor, which Trades on a Number of Instruments.

Description:

It trades on the EURUSD and GBPUSD daily bars. It buys when MA is upwards, and sells when MA downwards.

It uses a special function for money management. The testing period was the Last year.

Input parameters:

Symb* - symbol;
Trade* - trade allowed;
Per* - MA period;
ApPrice* - applied price (close price by default);
MaMethod* - Moving Average method (Simple MA by default);
StLoss* - Stop Loss in points;
TkProfit* - Take profit in points;
Lots* - Position volume;
Slippage* - Slippage.

Image:

Multicurrency Expert Advisor

Recommendations:

It isn't recommeded to use it in a real trade.

Translated from Russian by MetaQuotes Software Corp.
Original code: http://www.mql5.com/ru/code/158

Last comments | Go to discussion (6)

bdwezensky | 17 Sep 2010 at 00:11

request.volume = Money_M();

This EA is a great example of organized code and has great comments. I did have one question however pertaining to your lot size function called Money_M(). What and where is the decision tree behind this?

I tried to search the support site but could find no reference and it did not appear to be linked to an associated class.

Interesting | 17 Sep 2010 at 03:54

bdwezensky:

request.volume = Money_M();

I tried to search the support site but could find no reference and it did not appear to be linked to an associated class.

double Money_M()
  {
   double Lots=AccountInfoDouble(ACCOUNT_FREEMARGIN)/100000*10;
   Lots=MathMin(5,MathMax(0.1,Lots));
   if(Lots<0.1)
      Lots=NormalizeDouble(Lots,2);
   else
     {
      if(Lots<1) Lots=NormalizeDouble(Lots,1);
      else       Lots=NormalizeDouble(Lots,0);
     }
   return(Lots);
  }

This function is used to calculate the size of trading lots.

double Lots=AccountInfoDouble(ACCOUNT_FREEMARGIN)/100000*10;

In this string the calculated size of trade lots. The calculation is carried out on free money (ACCOUNT_FREEMARGIN). Risk = 10% of available free funds.

Lots=MathMin(5,MathMax(0.1,Lots));

In this line is executed the normalization of the trade lots. 0.1 <= Lot <= 5.0

WhatTheHulk | 14 Nov 2011 at 03:09

Hey, thank you for the multicurrency EA. When I try to run this EA in the Strategy Tester, it does not place a single trade. Sorry, I am a bit new to programming. Are there any settings that need to be modified for this EA to run?

loridan | 4 Apr 2012 at 20:04

Hi, I'm french and my english is bad sorry^^.

If it does not place any trade or you have an error : [invalid request] , you must add : " request.type_time = ORDER_TIME_GTC; " in the intialization of the MqlTradeRequest structure for every order.

achidayat | 9 Jul 2012 at 06:37

I have trouble when attach this EA. In Expert tab appear this message :

2012.07.09 11:31:16 exp_tema cannot load indicator 'Triple Exponential Moving Average' [4302]

What wrong? Thank you

Multik [ru]

Description:

Image:

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