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P S Technical Tradingbot

The underlying P.S.-Technical Trading bot is a computer program written in the MQL5 language. The P.S.-Technical Trading bot is a fully automated trading robot based on the two developed technical indicators, ADX and Parabolic SAR, developed by technical analyst Welles Wilder Jr.

If you want to learn more about this, I recommend the book "New Concepts in Technical Trading Systems" which was published in 1978.

In addition, the trading bot eliminates all too understandable emotions during trading.

Following a few quotes from Welles Wilder Jr.:

1. "Letting your emotions override your plan or system is the biggest cause of failure."

2."Some traders are born with an innate discipline. Most have to learn it the hard way."

3."If you can't deal with emotion, get out of trading."

All these problems are taken care of by the trading robot.


Product description:

The P.S.-Technical trading bot is based on a strategy developed by technical analyst Welles Wilder Jr. The P.S.-Technical Trading bot works with two indicators, the ADX and the Parabolic SAR.
Fully automatic trading 24/5. The EA works around the clock, fully automatic.
The P.S.-Technical trading bot was optimized once with real ticks with a modeling quality of 99.99 %.
Does not require a large initial deposit (1000 € or less sufficient)
Important: The recommended default setting is for EUR/USD M15. So if possible make sure you use the 15 min chart. The 10 min or 5 min chart would theoretically also be possible, but better trends can be derived mathematically from a longer chart duration, with which the P.S.-Technical tradingbot tends to work better.
The delay of a VPS server or virtual hosting should not exceed 15 ms.

How it works:

The P.S.-Technical trading bot uses the ADX indicator and the Parabolic SAR indicator to open a long position or a short position based on these trading signals.

The two indicators are used as an entry signal for opening a trade and determine when the trading bid opens a long position or a short position.

Explanation of the ADX indicator: The ADX measures trend strength. It therefore provides information on whether bulls or bears dominate a market. If the ADX is over 20, for example, then you usually have a trend. If the ADX, for example, has a value above 20 and there is now a crossing between the two lines DI+ and DI-, then this crossing has a force and indicates a possible upward trend.

If, for example, the ADX is over 20 and a crossing of the two lines D+ and D- takes place, this means an entry signal for the P.S.-Technical tradingbot. The first and the second parabolic SAR indicator points is also taken into account if it is below (bullish signal) or above (bearish signal) the candle. A buy position is only opened if both signals match, i.e. if, for example, there is a crossing between the lines D+ and D- and the SAR Parabolic indicator appears under the candle. Conversely, the same applies except that the P.S.-Technical trading bot opens a sell position in this case.

The P.S.-Technical trading bot therefore pays attention to a crossing between D+ and D- and D- and D+, if the ADX indicator is above your set value, and it also uses the signal of the Parabolic SAR indicator to strongly minimize false signals or sideways trends.


The P.S.-technical tradingbot is fully automated and the user can change the following input parameters:

  • ADX value setting used as threshold value for trends
  • ADX period setting
  • Adjustable lot size - a quantity that the EA will trade
  • Take Profit - in points for buy trade setting
  • Stop Loss - in points for buy setting
  • Trade comment buy trade setting
  • Take Profit - in points for sell trade setting
  • Stop Loss - in points for sell setting
  • Trade comment sell setting
  • EA Magic Number - used for trade identification

The money management is completely automated and you don't have to worry about anything after the first setup. Hint: use ADX period 27.

The P.S.-Technical trading bot is designed for both professionals and beginners. Furthermore, the chart of the asset is checked for the trading strategy and takes the trading decision away from you within seconds. You gain a lot of free time because you don't have to sit in front of the monitor all the time waiting for a favorable entry signal.

Please feel free to contact me if you have any further questions.

Best regards

Paul

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Quantum Wizard ist ein fortschrittlicher Expert Advisor für den Handel mit dem S&P500 (US500), der ein   ausgeklügeltes Rastersystem und ein fortschrittliches Geldmanagement nutzt, das auf Spitzenleistung ausgelegt ist   . Es befindet sich seit mehr als zwei Jahren in der Entwicklung, das neueste Update kommt dieses Jahr. Jetzt können Sie Ihr Portfolio endlich durch den Handel mit Indizes diversifizieren. Quantum Wizard ist sehr einfach zu installieren, es muss lediglich zu einem beliebigen Z
Project 758
Konstantin Sinitsin
Experten
Grüße, liebe Trader. EA Project 758 wurde von einem Team aus Tradern und Programmierern mit 15 Jahren Erfahrung erstellt. EA Project 758 wurde über einen Zeitraum von 6 Jahren entwickelt und verfeinert. Durch diesen Prozess haben wir hervorragende Ergebnisse erzielt. Der EA-Algorithmus ist urheberrechtlich geschützt und hat keine Analoga. Er enthält universelle und komplexe Systeme wie IR, die von uns persönlich entwickelt wurden. Wir haben einen proprietären EA entwickelt, der das Verhaltensmod
Tokyo Pip Hunter
Dinh Manh Bui
5 (1)
Experten
Dies ist ein fortschrittlicher Trading-Bot, den wir sorgfältig für das Währungspaar USDJPY entwickelt und getestet haben, speziell für das Trading von Fonds Tokyo Pip Hunter wurde nach dem Day-Trading-Ansatz erstellt, sodass die Anzahl der Trades pro Tag zwischen 1 und 3 variiert. Das Risiko (RR) beträgt 1:3, was den Händlern eine angenehme Erfahrung bietet. Das Ziel dieses EA ist langfristig, daher müssen Sie ihn mindestens 3 Monate beobachten, bevor Sie eine Bewertung abgeben. Um alle Händler
Strong mt5
Andriy Sydoruk
Experten
trong: Advanced Forex Bot for Multicurrency Trading Strong is a cutting-edge tool for automating Forex trading, designed with modern technologies and algorithms to handle a wide range of currency pairs. This bot is ideal for traders looking to enhance their trading efficiency, reduce risks, and streamline the trading process in the ever-changing market. Key Features of the Strong Bot Multifaceted Trading: Strong can operate with a broad selection of currency pairs, allowing users to diversify t
Sequoia mt5
Yvan Musatov
Experten
The Sequoia Expert Advisor is a professional market analyst working using a specialized algorithm. Based on the analysis of prices over a specific time interval, it reveals the strength and amplitude of prices using a unique indication system based on real data. When the strength of the trend and its direction changes, the expert closes the current position and opens a new one. The bot's algorithms include signals about overbought and oversold markets. A purchase occurs if the signal falls belo
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Sugianto
4.6 (10)
Experten
Neuron Net GOLD is an integration of the Python programming language, deep learning machine and mql5 code to be able to predict XAUUSD price movements so as to produce entries and exits based on artificial intelligence. How it works: At the start of asian session, Neuron Net Gold will carry out analysis based on historical data and predict gold price movements.  If the price prediction is up, Neuron Net Gold will take a long position, and vice versa.  Neuron Net Gold will close the position a
Bonnitta Gold MT5
Ugochukwu Mobi
5 (2)
Experten
Bonnitta Gold basiert auf dem persönlichen Bonnitta-Handelsindikator und einem sehr fortschrittlichen geheimen Handelsalgorithmus. Die Strategie von Bonnitta Gold ist eine Kombination aus einem geheimnisvollen benutzerdefinierten Indikator, Trendlinien, Unterstützungs- und Widerstandsniveaus und dem wichtigsten zuvor erwähnten geheimen Handelsalgorithmus. BONNITTA GOLD BRAUCHT HÖHEREN HEBELWERT AB 400 UND DARÜBER – ICH HABE ES MIT 10.000 USD UND EINEM HEBELWERT VON 1:500 GETESTET. SIE BENÖTIG
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Vitalii Zakharuk
Experten
Carilas Alpha   is a highly effective automated trading assistant focused on trend trading in the Forex market. Trading Forex requires a significant investment of time, effort and experience. With trading bots, traders can automate their strategies and take advantage of market trends without having to spend a lot of time on analysis. Carilas Alpha is especially useful for trading highly volatile currency pairs or during periods of high market activity. What is Carilas Alpha? This is a tradi
AI Smart Trader
Aii Karadag
Experten
AI Smart Trader Nutzen Sie KI für fortschrittliche Marktanalyse und Handelseinblicke AI Smart Trader ist ein innovativer Expert Advisor, der modernste künstliche Intelligenz mit technischer Analyse kombiniert, um hochentwickelte Markteinblicke zu liefern. Durch die Nutzung der Leistungsfähigkeit von GPT-4, einem der fortschrittlichsten Sprachmodelle, bringt dieser EA KI-gestützte Analyse auf Ihre MetaTrader-Plattform. Version 1.2 - Wegweisende KI-gestützte Handelsanalyse Dies ist die erste Veröf
Silicon Ex mt5
Nadiya Mirosh
Experten
" Silicon Ex ": Your Reliable Assistant in the World of Forex Silicon Ex is a modern trading bot, specially created for traders in the Forex market. This innovative tool serves as a reliable partner for those who strive for efficient and automated trading. Key Features of "Silicon Ex": Reliability and Stability: Created using advanced technologies that ensure stable and reliable operation in the market. Intelligent Risk Management: Built-in money management system (Money Management) allows yo
Top Algo
Yvan Musatov
Experten
Торговый робот Top Algo является технической разработкой для автоматизации торговли на валютном Форекс рынке. Его цель — помочь как начинающим участникам рынка, у которых недостаточно фундаментальной базы в сфере трейдинга  так и профессиональным и облегчить опытным инвесторам процесс приумножения прибыли. Top Algo можно также назвать мультивалютным роботом-советником, так как он может работать на нескольких валютных парах.  Профессиональный эксперт Top Algo может подключиться к вашему торгов
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