Skip to content

ForexRobotEasy/Maedinas-Gold-Scalper

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

2 Commits
 
 
 
 

Repository files navigation

Maedinas Gold Scalper ReadMe File

This ReadMe file provides an overview of the Maedinas Gold Scalper code, its functionality, and how it works. Please note that ForexRobotEasy is not the official developer of this product. We only provide a sample code that can work as described in this product. To find the official developer of this product, please use MQL5.

Description

Maedinas Gold Scalper is a Forex trading robot designed for XAU/USD trading. It aims to generate profits by scalping small price movements in the gold market. The robot utilizes various entry and exit strategies, as well as risk management features, to optimize trading performance.

For detailed reviews and trading results of this product, please visit Forex Robot Easy - Maedinas Gold Scalper Review. Here you can find comprehensive information and insights about the robot's performance.

Functionality

The Maedinas Gold Scalper code consists of several functions that work together to execute trades, manage positions, implement risk management strategies, and provide real-time market data and trade history. Below is a brief description of the main functions:

Initialization and Deinitialization

  • OnInit(): This function is called during the initialization process of the expert advisor. It can be used to perform any necessary initialization tasks.
  • OnDeinit(const int reason): This function is called during the deinitialization process of the expert advisor. It can be used to perform any necessary cleanup tasks.

Trade Execution and Management

  • OnTick(): This function is called on every tick of the market. It handles the tick data and executes trades based on predefined entry conditions.
  • OpenTrade(double lots, double stopLoss, double takeProfit, int magicNumber): This function is responsible for opening trades. It takes parameters such as lot size, stop loss, take profit, and a magic number to identify the trades.
  • CloseTrade(int ticket): This function is responsible for closing trades. It takes the ticket number of the trade to be closed.
  • AdjustTradeSize(double initialLots, int tradeCount): This function adjusts the trade size using a martingale strategy. It takes the initial lot size and the number of trades as inputs.

Position Management

  • ManageTradePositions(int ticket): This function monitors and manages trade positions. It can be used to implement trailing stops and other position management techniques.

Miscellaneous

  • ProvideMarketData(): This function provides real-time market data. It can be used to get information about the current market conditions.
  • ImplementRiskManagement(): This function implements risk management features. It can be used to control the risk exposure of the trades.
  • ProvideTradeHistory(): This function provides trade history and performance reports. It can be used to analyze the performance of the expert advisor.

Main and Timer Functions

  • OnStart(): This function is called at the start of the expert advisor. It can be used to perform any necessary initialization tasks.
  • OnTimer(): This function is called periodically based on a timer. It can be used to execute specific tasks at regular intervals.

Usage

To use the Maedinas Gold Scalper code, you can copy and paste it into an MQL5 compatible trading platform or development environment. Make sure to adjust the input parameters and settings according to your trading preferences.

Please note that the performance and effectiveness of this code may vary depending on market conditions and other factors. It is recommended to thoroughly test and optimize the code before using it in a live trading environment.

For any inquiries or support regarding the Maedinas Gold Scalper, please contact the official developer through MQL5.

Disclaimer

Please be aware that ForexRobotEasy is not the official developer of the Maedinas Gold Scalper. The code provided here is only a sample and may not reflect the exact functionality of the official product. We recommend contacting the official developer through MQL5 for accurate information and support.

For detailed reviews and trading results of this product, please visit Forex Robot Easy - Maedinas Gold Scalper Review.

About

No description, website, or topics provided.

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published