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Custom Logic For Trading

30 USD

Descargado demo: 4

Publicado: 24 junio 2024

Versión actual: 2.0

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Custom Logic For Trading

Utilidades
Jetaroon Sriboonruang
Versión: 2.0
Actualizado: 14 agosto 2024
Activaciones: 5

Overview

Custom Logic for Trading is a sophisticated automated trading script designed to execute trades based on custom indicator signals, with robust position management features such as trailing stops, break-even settings, and filters. This script allows traders to implement their strategies with high precision and flexibility, enhancing their trading efficiency and profitability.

Input Parameters

Indicator Settings

indicator_name: Name of the custom indicator to be used for generating signals.
buy_signal: Signal value indicating a buy condition.
sell_signal: Signal value indicating a sell condition.

Filter Settings

enable_filter: Boolean flag to enable or disable filtering based on MA or ADX.
filter_type: Type of filter to use (0 - MA, 1 - ADX, 2 - Both).
ma_period: Period for the Moving Average filter.
adx_period: Period for the ADX filter.
adx_threshold: Threshold value for ADX to validate trends.

Position Sizing

lot_size: Size of the lot for each trade.
take_profit: Take profit level in points.
stop_loss: Stop loss level in points.
slippage: Maximum slippage allowed for order execution.

Trading Parameters

close_on_opposite: Boolean flag to close positions on opposite signals.
logic_direction: Trading logic direction (0 - Direct, 1 - Reversal).
trading_side: Side of trading to take (0 - Long only, 1 - Short only, 2 - Both).

Break-even Settings

enable_break_even: Boolean flag to enable or disable break-even functionality.
break_even_level: Profit level in points at which to move the stop loss to break-even.

Trailing Stop Settings

enable_trailing_stop: Boolean flag to enable or disable trailing stop.
trailing_stop_type: Type of trailing stop to use (0 - Points, 1 - High/Low, 2 - ATR, 3 - MA).
trailing_stop_value: Value for the trailing stop based on the selected type.

Workflow

Initialization: Configure the input parameters to tailor the bot to your specific trading strategy. Attach the script to the desired chart in MetaTrader 4.
Signal Detection: The bot continuously monitors the custom indicator for buy and sell signals. It retrieves the signal using the iCustom function and evaluates it based on the configured buy_signal and sell_signal values.
Filtering: If filtering is enabled, the bot checks additional conditions based on the selected filter type (MA or ADX). For MA, it compares the current price against the moving average. For ADX, it ensures the ADX value exceeds the specified threshold to confirm trend strength.
Trade Execution:
- Long Positions: When a valid buy signal is detected, and all conditions are met (including filtering), the bot opens a buy position with the specified lot size, stop loss, and take profit.
- Short Positions: Similarly, when a valid sell signal is detected, and conditions are satisfied, the bot opens a sell position.
Position Management:
- Close on Opposite Signal: If the close_on_opposite parameter is enabled, the bot closes positions when an opposite signal is detected.
- Trailing Stop: If trailing stop is enabled, the bot dynamically adjusts the stop loss based on the selected trailing stop type (e.g., high/low of recent bars, ATR, MA).
- Break-even: When the price reaches the specified break-even level, the bot adjusts the stop loss to the entry price to secure profits.
Continuous Monitoring: The bot continuously monitors market conditions and updates positions as needed, ensuring that the trading strategy is executed consistently and efficiently.

Benefits

Automation: Automates the entire trading process, reducing the need for manual intervention.
Customization: Highly customizable input parameters to fit various trading strategies.
Robust Management: Advanced position management features to optimize trade outcomes.
Efficiency: Executes trades with precision, leveraging custom indicators and technical analysis.

Usage

Setup: Configure the input parameters according to your trading strategy.
Deployment: Attach the script to the desired chart in MetaTrader 4.
Execution: The bot will automatically manage trading activities based on the configured logic and parameters.

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Don't purchase before testing the Demo version first. DEMO version: https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase. Demo Version We do not accept refund in any

50 USD

The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when

70 USD

Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit

99 USD

[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution. EASY : Easy to use, load and select the Master or SLAVE to use easily FAST: Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple: 1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time

68 USD

Trade manager Auto calculates % risk per trade Manual lot size input $ Risk amount Displays profit to loss ratio Shows value of stop loss and take profit in pips and dollars Shows Balance equity and open profit and loss On screen trade entry lines with entry stop loss and take profit . All with lots size , pip value dollar value and price level of line The value of these lines is also displayed in the panel Buttons on panel for Close Winners, Close all, Execute . Trade panel has func

99 USD

Order Manager is a trade assistant with money manager that helps traders open, modify and close manual trades in a simple way to help them focus more on their market analysis and open orders with just a few clicks. Download Demo here (It only works on demo accounts) Full guide here MT5 version here Order Manager features: Works on all instruments such as currency pairs, indexes, CFDs, metals, crypto currencies, etc. Proper money management with a built-in lot calculator that includes fiv

40 USD

El MT4 to Discord Signal Provider es una herramienta fácil de usar y completamente personalizable diseñada para enviar señales de trading directamente a Discord. Esta herramienta transforma tu cuenta de trading en un proveedor de señales eficiente. ¡Personaliza los formatos de los mensajes para adaptarlos a tu estilo! Para facilitar su uso, selecciona entre plantillas pre-diseñadas y elige qué elementos del mensaje incluir o excluir. [ Demo ] [ Manual ] [ Versión MT5 ] [ Versión Telegram ] Con

59 USD

Overview Custom Logic for Trading MT5 Mini is the free version that designed to execute trades based on custom indicator signals, with robust position management features with break-even settings. This script allows traders to implement their strategies with high precision and flexibility, enhancing their trading efficiency and profitability. Input Parameters Indicator Settings indicator_name : Name of the custom indicator to be used for generating signals. buy_signal : Signal value indicating a

FREE

Overview Custom Logic for Trading Mini is the free version of Custom Logic for Trading that designed to execute trades based on custom indicator signals, with robust position management features with break-even settings. This script allows traders to implement their strategies with high precision and flexibility, enhancing their trading efficiency and profitability. Input Parameters Indicator Settings indicator_name : Name of the custom indicator to be used for generating signals. buy_signal :

FREE

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Versión 2.0 2024.08.14

Add "Shift" at trading parameter (0 = current bar, 1 = previous 1 bar and so on).