Example K1: Multiple open trades allowed
This is not a ready-to-use trading strategy. A trading strategy requires adjustment to the timeframe and symbol, along with thorough backtesting. The example is intended as a foundation for your own custom strategy and to help you get familiar with the Expert Advisor Builder web application. To import and use an example, please follow the instructions provided here.
Description
This example allows multiple simultaneous trades from the same module, enabling position accumulation during strong trends. With one-trade mode disabled, each signal opens a new position regardless of existing trades. This aggressive approach maximizes exposure during favorable conditions.
Multiple positions amplify both profits and risks, requiring careful money management. The visual display shows all open positions clearly, helping traders monitor total exposure. Fixed lot sizing prevents exponential position growth that could become unmanageable.
This configuration suits strong trending markets where multiple entries can capture extended moves. However, traders must understand the increased risk from concentrated positions and adjust position sizing accordingly.
Recreate the Example
You can either import this example directly or set it up manually. To manually replicate the trading module, make sure a newly added module includes the following key settings and that the professional mode is activated:
Trade Basics
- Operation type = Long
- One trade mode = Off
Signal Generation - Indicators - STD
- Signal in use = On
- Signal used for = Forward
- Selected indicator = STD
- Draw in chart = Off
- Forward adjustment = 3.50
Signal Generation - Indicators - SMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = SMA
- Draw in chart = On
- Drawing slot = 1
Signal Generation - Indicators - EMA
- Signal in use = On
- Signal used for = Entry
- Selected indicator = EMA
- Draw in chart = On
- Drawing slot = 2
Signal Generation - Indicator Combinations (SMA & EMA)
- Signal in use = On
- Signal used for = Entry
- Input indicator 1 = SMA
- Input indicator 2 = EMA
- Value relation = Value x cross value x
Initial Stop Loss
- Selection = Indicator
- Used indicator = STD
Initial Take Profit
- Selection = Risk ratio
- Risk ratio = 1.40
Screenshots
