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Price action auto trade bot

4

PRICE ACTION Semi-auto trade bot:  (SPECIALLY DEIGNED FOR XAUUSD  )

This is a simple quantitative model that trades GOLD(XAUUSD) using automatic price action analysis algorithms

Place it on any symbol or timeframe. 

  • The position sizes are calculated by multiplying 0.01 per USD 500 on account to ensure low risk exposure and also leaving free margin for hedging positions that reduce the overall risk exposure . This is what leads to stability in the model though it is possible that the model like any other might stop working at one time in the future.
  • NB: Standard accounts are preferred and well regulated brokers eg ICMarkets are advised to avoid unnecessary losses eg slippage ones  and very large spreads.
HOW TO USE: Just load it on any chart, any timeframe , then just withdraw profits from time to time. A VPS is highly recomended.AWS offers 1 year free trial

NB: These are risky strategies which give good returns over time but also pose a risk of blowing up your account. Use on your own accord.

LINKS

Automatic Pattern and Trendline Analyst : https://www.mql5.com/en/market/product/88794

Automatic Price Action Level Plotter: https://www.mql5.com/en/market/product/94338

MQL5 SIMPLIFIED SUMMARY; learn how to code your own bot 

copyright @ GABRIEL MATOVU, BSc. Quantitative Economics, MAKERERE UNIVERSITY

you can always reach out to me on telegram https://t.me/DrFranzG


Reviews 3
Luis Mariano Vazquez Marcos
9862
Luis Mariano Vazquez Marcos 2023.12.24 19:20 
 

Me gustaría poder tener acceso al código porque creo que se puede mejorar el profit y bajar el riesgo

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Automatic pattern recognition software for MT5 Price action analysis (automatic levels) tool: https://www.mql5.com/en/market/product/94338 Trend lines Common chart patterns eg triangles, flags, pennants etc range detection with latest support and resistance levels. object updates to avoid lagging signals. Telegram updates  just place your chart ID in the inputs section and it will send you screenshots at a given interval of what is happening in the market so you do not miss out on any opportun
Accurate horizontal support and resistance levels Accurate for price action analysis. All Markets: forex, stocks, indices, metals, commodities ,and crypto  Available for meta trader 5 Adjustable parameters I think that's it  inputs: For multiple timeframe analysis: adjust "analysis_timeframe"  accordingly "depth_of_retrenchments" represents how big the peaks or troughs are. "lookback " represents the most recent number of candlesticks to consider "linecolor " is the color of the lines "lineweig
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TRADE BOT X A trading bot for XAUUSD,GBPUSD,US-30 index. Risk levels can be adjusted using the coefficients, but also adjust the maximum drawdown as you increase the coefficients Advisable to use account sizes of USD 500 and above. Account types:   Hedging accounts, Standard accounts are preferred i.e. no commissions, Use well regulated brokers eg ICMarkets.  all this provides room for the strategy to work smoothly for stabilized results and removing the possibility of the model crashing. ADJUST
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Michael Frey
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Luis Mariano Vazquez Marcos
9862
Luis Mariano Vazquez Marcos 2023.12.24 19:20 
 

Me gustaría poder tener acceso al código porque creo que se puede mejorar el profit y bajar el riesgo

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Version 1.2 2023.12.07
Advanced position management algorithm
Improved user interface