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Custom Logic For Trading

30 USD

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Publié: 24 juin 2024

Version actuelle: 1.0

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Custom Logic For Trading

Utilitaires
Jetaroon Sriboonruang
Version: 1.0
Activations: 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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The product will copy all Discord signal to MT4 ( which you are member ) , also it can work as remote copier. Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade

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The program is use to copy trading from MT4 to MT4 and MT5 on local PC or copy over the Internet. Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server, include both MT4 and MT5 Get free Copier EA for MT4 and MT5 (only receive signal), download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide Let read a

99 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

Trader Assistant MT4 aide chaque trader à gérer le risque par transaction en fonction de son solde et dispose de quelques outils pratiques. Attention. L'application ne fonctionne pas dans le testeur de stratégie. Comment télécharger la démo. Assistante commerciale : Il utilise un panneau fluent spécial - qui n'est pas dans la plate-forme meta trader. Vous pouvez voir le montant des profits et pertes avant de mettre en place une transaction. Il dispose également de quelques outils pratiques, q

50 USD

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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