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Indicator Automater MT5

5

This Indicator Automator for MT5 is a flexible MT-5 Expert Advisor targeting the trading strategy development and the automated trading based on up to 4 external indicators. 


Benefits:

  • Import of up to 4 indicators (no source file needed)
  • Fast development of trading strategies 
  • Automated trading without coding expenses
  • Support of different money management methods
  • Optional use of grid and martingale techniques
  • Powerful virtual trailing stop also applicable in grid mode

      Characteristics:
      • Entries and exits based on definable threshold and/or price levels
      • Supports logical combination of two indicators
      • Support of additional entry check with separate indicators
      • Exit based on trend reversal
      • Exit on profit target
      • Dynamic lot sizing in combination with stop loss
      • Optional support of grid and martingale strategies
      • Virtual trailing stop based on points or ATR
      • No restriction to specific symbols, markets and time frames

      Parameter groups:
      • Money Management
      • Indicator Setup
      • Entry Strategy
      • Exit Strategy
      • Trade Management
      • General settings

       

      Product Documentation:  https://www.mql5.com/en/blogs/post/751775

      Getting Started: https://www.mql5.com/en/blogs/post/751776

       

      IMPORTANT: This is not a “plug and play” EA. The objective is to offer a no-code environment to develop and test trading strategies based on existing indicators. The selection and configuration of the indicators must be done according to the individual trading idea. Please contact the seller in case you need support in configrung your strategy.


      Reviews 2
      Patel Akash Ashvinbhai
      274
      Patel Akash Ashvinbhai 2023.04.09 21:30 
       

      Michael sir…You are too good when I was join with you I am new in this sea…but you are always teach me and give a very humble for my stupid question 😅 . Every time when I would request and bot configure within 2-3 hours you are done my request…so all you give me I am very thankful sir🙏

      Abdul bari
      335
      Abdul bari 2023.02.20 20:58 
       

      Michael is a good listener. He understands the requirement and is always available 24/7 to assist. I would suggest him for any bot request. Thank you Michael, you are wonderful

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      Swing Strategy Builder for MT5 is a flexible MT-5 Expert Advisor configurable to different trading systems for swing trading. This EA is an open toolbox, enabling the transparent development, testing and automated execution of market specific trading strategies.    Advantages: Transparent strategy, no black box Time saving, because trading strategies can be tested with the MT5 Strategy Tester and the Strategy Builder EA No costs for individual EA development Key characteristics: Support of mu
      Scalp Strategy Builder for MT5 is a flexible MT-5 Expert Advisor that can be configured for different scalp trading systems. This EA is an open toolbox that allows transparent development, testing and automated execution of market-specific trading strategies. The advanced settings for Money Management, news handling and trading hours allow the configuration of trading rules for prop trading qualification. Benefits: Transparent strategy, no black box Time saving as trading strategies can be ver
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      Patel Akash Ashvinbhai
      274
      Patel Akash Ashvinbhai 2023.04.09 21:30 
       

      Michael sir…You are too good when I was join with you I am new in this sea…but you are always teach me and give a very humble for my stupid question 😅 . Every time when I would request and bot configure within 2-3 hours you are done my request…so all you give me I am very thankful sir🙏

      Abdul bari
      335
      Abdul bari 2023.02.20 20:58 
       

      Michael is a good listener. He understands the requirement and is always available 24/7 to assist. I would suggest him for any bot request. Thank you Michael, you are wonderful

      Reply to review
      Version 1.18 2024.05.20
      Added the Handling of Empty Values for Indicator Channels
      Version 1.17 2024.05.18
      New Setting for the exit strategy, parameter close entry after n bars.
      Version 1.16 2024.03.02
      New Parameters Trading Mode and Trading Symbol. This feature can be used in combination with charts/indicators on custom symbols. Status of this feature is still Beta, please only use for testing, for productive use select the setting Trading Mode=Chart Symbol for trading.
      Version 1.15 2023.04.15
      Maintenance Release
      Version 1.14 2023.04.11
      Added a new parameter in the primary trade entry section. In case the indicator only provides a continuous buy or sell signal, the new parameter Entry requires reverse signal can be used to avoid unwanted re-entries e.g. after manual close of trade.
      Version 1.13 2023.03.08
      Maintenance Version
      Version 1.12 2023.03.07
      This version includes a new feature for the virtual trailing stop.
      The re-entry after the virtual trailing stop was hit, can now be restricted to the previous exit level.
      It is also possible to configure an offset to the previous exit level.
      Version 1.11 2023.02.25
      New features:
      1. Setting to display indicators with selectable window / sub-window
      2. Trade exit if entry condition not valid
      3. Additional check for entry based on trend of last n candles
      Version 1.10 2023.02.23
      Extended display options (parameter section general)
      Version 1.9 2023.02.20
      Added additioal logic for the entry checks with indicator 3 and indicator 4
      Version 1.8 2023.02.20
      Clean up typos
      Version 1.7 2023.02.19
      Updated settings for the display options
      Version 1.6 2023.02.16
      Added arrow signal for buy/sell signals.