Trade Advisor MT4
- Utilities
- Agus Santoso
- Version: 1.4
- Updated: 22 June 2024
- Activations: 5
Trade Advisor = EA Assistant + Indicators
Simple yet Effective, Indispensable Tool for Professional Trader
#supplyanddemand #pivot #weeklyhiglow #supportandresistance #sessions #currencystrengthmeter
Blogs : https://www.mql5.com/en/blogs/post/757977
MT4 Version : https://www.mql5.com/en/market/product/117501
"Trade Advisor" is a sophisticated Expert Advisor (EA) designed to elevate your trading experience by integrating advanced assistance, meticulous money management, and powerful indicators. This all-in-one solution is perfect for traders seeking a reliable and automated tool to enhance their trading strategy.
Key Features
Assistance & Automation:
Expert Guidance: Provides real-time trading recommendations based on comprehensive market analysis.
Automated Trading: Executes trades automatically according to pre-set strategies and market conditions.
User-friendly Interface: Easy-to-navigate interface, ensuring a seamless trading experience for both beginners and experienced traders.
Money Management:
Risk Management: Includes customizable risk management settings to protect your investments.
Position Sizing: Automatically calculates optimal position sizes based on account balance and risk tolerance.
Profit Protection: Implements trailing stops and other features to secure profits.
Advanced Indicators:
Supply and Demand: Identifies key supply and demand zones automatically or allows users to define these areas manually using rectangles.
Pivot Points: Calculates and displays daily, weekly, and monthly pivot points to highlight potential reversal levels.
Weekly High Low: Tracks weekly high and low prices to identify significant support and resistance levels.
Support and Resistance: Marks critical support and resistance zones derived from historical price data.
Trading Sessions: Highlights different trading sessions (e.g., London, New York, Tokyo) to assist in understanding market volatility and liquidity.
Currency Strength Meter: Measures and displays the relative strength of different currencies, helping traders identify strong and weak pairs.
Indicator Details
Supply and Demand:
Automatic Calculation: Uses built-in algorithms to detect significant supply and demand zones.
Manual Customization: Allows traders to draw rectangles on the chart to define custom supply and demand areas, which the EA can then incorporate into its strategy.
Pivot Points:
Daily, Weekly, Monthly: Automatically calculates pivot points to determine potential turning points in the market.
Weekly High Low:
Key Levels: Marks the highest and lowest prices of the week, providing a clear view of major support and resistance levels.
Support and Resistance:
Dynamic Levels: Continuously updates support and resistance levels based on price movements and historical data.
Sessions:
Session Highlighting: Differentiates between major trading sessions, allowing traders to adapt their strategies based on session-specific characteristics.
Currency Strength Meter:
Real-Time Analysis: Displays the strength of major currencies in real-time, assisting in the identification of profitable trading opportunities.
Benefits
Enhanced Decision-Making: Combines multiple indicators to provide a comprehensive market outlook.
Time-Saving: Automates complex calculations and trade executions, freeing up your time for other important tasks.
Customization: Offers extensive customization options to fit your trading style and preferences.
Risk Mitigation: Integrates robust money management features to minimize potential losses.
"Trade Advisor" is your go-to EA for a smarter, more efficient, and profitable trading experience. Whether you're looking to automate your trades, better manage your risk, or gain deeper market insights, "Trade Advisor" has you covered.