NOTE: THEY NEED FURHTER DEVELOPMENT
NOW WITH PROP FIRM INPUTS
https://www.mql5.com/en/market/product/124196
Explanation of the Generator
This EA generator is designed to create highly unique and customizable high-frequency trading (HFT) strategies. Each generated EA can employ a variety of HFT strategies, using a combination of price-based movement, order book dynamics, mean reversion, and time-based logic. The generator does not rely on technical indicators but instead focuses on diverse strategies that react to rapid market movements and volatility. The resulting EAs are optimized for fast execution and frequent trading in volatile market environments.
Key Features of the Generator
Strategy Types:
The generator randomly selects one of several HFT strategy types, each with distinct behavior:
- Momentum-based Price Action: Trades based on sudden price changes (momentum).
- Order Book Strategy: Trades based on the dynamics of the bid-ask spread.
- Mean Reversion: Trades when prices move away from a moving average or statistical equilibrium.
- Time-based Logic: Trades triggered randomly at certain intervals, independent of market events.
External Inputs:
- Lot Size: Specifies the size of each trade.
- Stop Loss (SL): Defines how many points away from the entry the trade will close if the market moves against the position.
- Take Profit (TP): Defines how many points away the trade will close if the market moves in favor.
- Max Trades: Limits the maximum number of open trades at any one time.
HFT Logic:
The EAs created by this generator are designed to execute trades based on rapid price movements, bid-ask spread fluctuations, or mean reversion. Each strategy type uses different logic, ensuring that the generated EAs can react quickly to sudden changes in market conditions.
Trade Conditions:
The EAs either trade based on:
- Price Action and Spread Dynamics: Executing trades based on momentum, bid-ask spread dynamics, or price movement away from a moving average.
- Time-based Random Logic: Trades triggered at random intervals, ignoring any specific market event, for unpredictability and diversification in trade frequency.
How It Works
The generator creates an EA that randomly combines one of the HFT strategy types with various trade parameters. For instance, an EA might use a momentum-based price action strategy with a stop loss of 200 points, a take profit of 300 points, and a lot size of 0.1. Each EA has different behavior, as the generator randomly determines how it will execute trades based on strategy, trade conditions, and parameters.
Number of Combinations
The generator can create 200,000+ unique EAs. This vast variety is achieved by randomizing the combination of:
- HFT strategy types (momentum, order book, mean reversion, time-based) - 4 options,
- Trade parameters:
- Lot size: Randomized between 0.01 to 1.0 - 100 options,
- Stop loss: Randomized between 50 and 500 points - 451 options,
- Take profit: Randomized between 50 and 500 points - 451 options,
- Max trades: Randomized between 1 and 5 trades - 5 options,
- Execution logic: (based on price, spread, or timing) - 3 options.
By multiplying the number of choices for each element:
This version includes the proper calculation for the possible combinations and how they generate over 200,000 unique EAs.