Trades Control ver4
- Experts
- Maryna Shulzhenko
- Version: 1.3
- Activations: 5
Trade Control bot is a modern and advanced tool for trading on the Forex market. Its main task is a qualitative analysis of the current state of the market to determine the trend and make informed trading decisions. This is how the Trade Control bot provides quality analysis and trend identification. Thanks to the use of various indicators and candlestick patterns, the bot is able to qualitatively analyze the state of the market and determine the current trend.
Signals from indicators and candlestick patterns allow the bot to make decisions about entering and exiting positions in accordance with the direction of the trend.
Advantages of the Trade Control bot:
- Modernity: Use of modern technologies and indicators for market analysis.
- Flexibility: Settings and parameters allow you to adapt the bot to different market conditions.
- Accuracy: Qualitative trend analysis and the use of candlestick patterns increase the accuracy of signals.
- Automation: The bot works automatically, freeing the trader from the need to constantly monitor the market.
Thus, the Trade Control bot is a modern and effective solution for traders, providing high-quality market analysis, trend identification and informed trading decisions.
Here is a more detailed description of the parameters and settings of the Trade Control bot:
Indicators:
- iRSI (Relative Strength Index): Used to determine the level of overbought or oversold market. Signals can be used to enter a position in accordance with changes in the RSI.
- iMA (Moving Average): Used to determine trend direction and support/resistance levels. Moving average crossover signals can indicate possible entry and exit points for positions.
- iSAR (Parabolic SAR): Used to determine trend reversal points. Parabolic SAR signals can be used to exit a position or set a stop loss.
- iMACD (Moving Average Convergence Divergence): Used to determine trend direction and overbought/oversold moments. Signals of MACD signal line crossing may indicate possible trend changes.
- Candlestick patterns: The Trade Control bot also uses candlestick patterns to generate the resulting signal. Candlestick patterns can include various patterns such as pin bars, inside bars, potholes, and others that help identify possible trend reversals and continuations.
Bot settings:
- MagicNumber: A unique identifier for the bot to distinguish its trades from others.
- TypeFilling: Type of order execution (for example, at market price or at order price).
- LimitOrders: Limit orders for opening positions.
- StepOrders: Step between orders.
- LevelDifference: Difference level for volume calculations.
- Volumes: Volume of trading positions.
- MoneyManagementOn: Enable money management.
- MoneyManagementBase: Base amount for money management.
To reliably support a limited series of transactions, the Trade Control bot uses the following levels and settings:
Stop Loss and Take Profit levels:
- Stop Loss: The level at which the bot automatically closes a position to prevent further losses.
- Take Profit: The level at which the bot automatically closes the position with a profit.
Virtual Levels:
- Virtual Stop Loss: This is the level at which the bot sets the virtual stop loss. It is used to control risk and can be changed without directly interfering with the position itself.
- Virtual Take Profit: This is the level at which the bot sets the take profit in virtual form. Just like a virtual stop loss, it is used to control risk.
Trailing stop:
- Trailing Start: The level at which the trailing stop begins. That is, when the price moves in a favorable direction, the bot begins to automatically raise the stop loss level (or virtual stop loss) by a specified distance.
- Trailing Stop: The distance the bot raises the stop loss after reaching the Trailing Start level. This allows you to protect profits from sudden market movements, allowing the position to develop in a profitable direction.
Additional settings:
- Distance Correction Base: This is the parameter that the bot uses to correct stop loss and take profit levels and other levels.
Thus, the use of Stop Loss, Take Profit, Virtual Stop Loss, Virtual Take Profit, Trailing Start, Trailing Stop and Distance Correction Base levels provides reliable support for a limited series of transactions. These tools allow the bot to automatically manage risks, protect profits and ensure the correct maintenance of positions in the Forex market.
Filter function "Filter Bad History":
- DvvTF: Timeframe for filtering.
- DvvLengthVolatility: Length of the volatility period.
- DvvLengthVolumes: Length of the volume period.
- DvvStepDigits: Length step of the fractional part of the price.
- DvvCoefficientSynchronization: Synchronization coefficient.
- DvvCoefficientDivision: Division coefficient.
- DvvStepDigitsDifference: Difference in the length step of the fractional part of the price.
These parameters and settings allow the Trade Control bot to analyze the market, make decisions about entering and exiting positions, and manage risks and stop loss and take profit levels. The combination of indicators and candlestick patterns with various settings makes the bot more flexible and adaptive to different market conditions.
