Hey there, fellow traders! Today, I want to share one of my current projects with you—a straightforward trading tool called S!mple EA. The idea behind this Expert Advisor is to keep things simple yet effective.
Here’s a quick guide on how to get started with S!mple EA:
- First off, copy S!mple.mq4 into your experts folder.
- Next, open S!mple.mq4 and tweak the init() function. Feel free to define as many currencies as you like.
- Once you’ve made your changes, save and compile the EA, then attach it to one of your charts (just one, please).
- Don’t forget to open all the other charts you’re trading on to keep your data updated.
- Make sure to set the variable makeTrades to true; otherwise, the EA won’t place any trades for you!
- If you’re looking for a better understanding of how it works, check out the attached template.
To see which currencies are profitable with the EA, simply attach the template file to a chart and keep an eye out for clear signals on the two moving averages.
I personally use it on a 5-minute chart. If you prefer a different timeframe, just change the timeFrame variable to suit your needs.
Best of luck and happy trading!
Cheers,
Mike
Comments 0