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Custom Logic For Trading

30 USD

Download demo: 4

Publicado: 24 junho 2024

Versão atual: 2.0

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Custom Logic For Trading

Utilitários
Jetaroon Sriboonruang
Versão: 2.0
Atualizado: 14 agosto 2024
Ativações: 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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This trade copy utility allows you to instantly and seamlessly replicate and synchronize unlimited orders from multiple master accounts to multiple slave accounts on your local machine. You can create custom channels (or portfolios) with advanced filtering capabilities to copy from multiple master accounts to multiple slave accounts. Moreover, you can tailor these channels with a range of lot sizing and trade condition options to ensure that copied trades outperform the original source. You can

100 USD

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

Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified. I am an

69 USD

This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close. Moreover, you can add (overr

100 USD

NEW VERSION! Open Multiple Trades on MT4 in 1 click at one price. Enter the Lot size Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy or Sell Open Multiple Pending Orders on MT4 in 1 click at one price. Enter the Lot size Specify the gap from the current price, where you want to place the pending order Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy

50 USD

Quer tornar-se um comerciante forex de 5 estrelas constantemente lucrativo? 1. Leia a descrição básica do nosso sistema de negociação simples e a sua principal actualização estratégica em 2020 2. Envie um screenshot da sua compra para obter o seu convite pessoal para o nosso chat de negociação exclusivo Este Gestor de Negociação é o complemento ideal para todos os utilizadores de FX Trend que gostam de utilizar uma gestão de negociação totalmente automatizada. Detecta ime

49 USD

Fechar posições no MetaTrader 4 ao atingir o lucro / perda total com a função de rastreamento de lucro. Você pode habilitar as paradas virtuais (ordem separada) , Calculando e fechando as posições de COMPRA e VENDA separadamente (separar COMPRA, VENDA) , Fechar e calcular todos os símbolos ou apenas o símbolo atual (todos os símbolos) , Ativar arrastando para o lucro (Trailing Profit) Fechar no total de lucros e perdas em moeda de depósito, pontos,% do saldo. O aplicativo é proj

40 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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Versão 2.0 2024.08.14

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