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Custom Logic For Trading

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

  1. Initialization: Configure the input parameters to tailor the bot to your specific trading strategy. Attach the script to the desired chart in MetaTrader 4.

  2. 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.

  3. 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.

  4. 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.
  5. 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.
  6. 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

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


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Equity Protection EA MT4 General Features: Full control over the results of a trading session.- Controls the overall result, for all forex symbols, indices, metals, stocks, etc. Control is done over the global equity.- Close all trades, on all symbols, when reaching a profit or loss rate.- Changeable configurations in both amount and percentages.- Protection of results by trailing stop global.- Record of results achieved for the session (greater equity and lower equity).- All calculations a
Asistan: Ticaret Asistanı-MT4 (indirmek için tıklayın) Ticaret Asistanı-MT5 (indirmek için tıklayın) Lütfen kullanım kılavuzunu dikkatlice okuyunuz. Temeller: Pozisyonların hızlı açılıp kapatılması, tek tıklamayla pozisyon açılıp kapatılması, tek tıklamayla emir verilmesi Çizgili Ticaret Otomatik sl/tp Yakın Semboller Kar Korumalı SL Protect'i Taşı SL'yi takip etmek Hesap Risk Kontrolü Düzenin Gölgesi Otomatik Sipariş Ekleme Otomatik Kapatma Siparişleri Kapat Yeniden Aç Sembol Bilgile
Forex portföyünüzün kontrolünü elinize alın. Nerede durduğunuzu, neyin işe yaradığını ve size neyin acı verdiğini anında görün! MT5 VERSİYONU BURADA MEVCUTTUR: https://www.mql5.com/en/market/product/58658 Trade Manager Dashboard, forex piyasasında sahip olduğunuz her pozisyonun şu anda nerede olduğunu bir bakışta size göstermek ve risk yönetimini ve para birimlerine maruz kalmayı daha kolay anlamak için tasarlanmıştır. Birden fazla pozisyon veya ticaret ızgarası ve sepet stratejileri ile kade
Riskinizi otomatik olarak hesaplarken işlemlere hızlı bir şekilde girip çıkmanıza yardımcı olacak Ticaret Yöneticisi. Aşırı Ticaret, İntikam Ticareti ve Duygusal Ticaretten korunmanıza yardımcı olacak özellikler içerir. İşlemler otomatik olarak yönetilebilir ve hesap performans ölçümleri bir grafikte görselleştirilebilir. Bu özellikler, bu paneli tüm manuel yatırımcılar için ideal kılar ve MetaTrader 4 platformunun geliştirilmesine yardımcı olur. Çoklu Dil desteği. MT5 Sürümü  |  Kullanım Kılavu
MT4 To Notion
Levi Dane Benjamin
5 (2)
Bu program, çok kullanıcı dostu bir arayüz kullanarak MetaTrader hesabınızdaki tüm işlemleri doğrudan Notion'a aktarmanıza olanak tanır.  MT5 Sürümü  |  Kullanıcı Kılavuzu + Deneme Başlamak için lütfen Kullanıcı Kılavuzunu kullanın ve Notion Şablonunu indirin. Eğer bir deneme istiyorsanız, lütfen Kullanıcı Kılavuzuna gidin. Strateji testinde çalışmaz! Ana Özellikler Tüm işlemleri ticaret hesabınızdan Notion'a aktarın En Son Gün işlemlerini aktarın Son Hafta işlemlerini aktarın Son Ay işlemlerin
GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!!  Features: It is capable to send h
Grid Manual MT4
Alfiya Fazylova
4.72 (18)
Grid Manual, sipariş ızgarasıyla çalışmak için kullanılan bir ticaret yardımcı programıdır. Yardımcı program evrenseldir, esnek ayarlara ve sezgisel bir arayüze sahiptir. Sadece kayıpların ortalaması yönünde değil, aynı zamanda kazanç artışı yönünde de bir emir ızgarası ile çalışır. Tüccarın bir emir ızgarası oluşturmasına ve eşlik etmesine gerek yoktur, bu yardımcı programı yapacaktır. Emri açmanız yeterlidir ve Grid manual otomatik olarak ona bir emir ızgarası oluşturacak ve kapanana kadar ona
MT4 için Expert Advisor Risk Manager çok önemli ve bence her yatırımcı için gerekli bir program. Bu Uzman Danışman ile ticaret hesabınızdaki riski kontrol edebileceksiniz. Risk ve kar kontrolü hem parasal hem de yüzdesel olarak yapılabilir. PROMO BUY 1 GET 2 FREE -   https://www.mql5.com/en/blogs/post/754725 Danışman işlevleri Bu risk yöneticisi, riskleri kontrol etmenize yardımcı olacaktır: - bir anlaşma için - günlük - bir hafta için - Bir ay için Ayrıca kontrol edebilirsiniz 1)
The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that operates their entries and exits at the close of a candle and manage the risk using A
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
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
This tool will allow you to export MetaTrader indicators data (Buffers) for any financial instrument present in your MetaTrader 4. You can download multiple Symbols and Timeframes in the same csv file. Also, you can schedule the frequency of download (every minute, 5 minutes, 60 minutes, etc.). No need to open a lot of charts in order to get the last data, the tool will download the data directly. The CSV File will be stored in the folder:   \MQL4\Files . How it works Report Tab : Select
« Trade Sync » — Really fast copying and precise synchronization of trades. Simple installation and configuration of the application within 5 seconds allows you to copy trades between different MetaTrader terminals installed on one Windows PC or Windows VPS at maximum speed. «Trade Sync» contains a large number of options for customizing the application to your specific needs and allows you to cope with even complex user tasks. Separate use: Trade Sync MT4 - allows you to copy (Мt4 > Мt4), Trade
Kar takip fonksiyonu ile toplam kar/zarara ulaşıldığında MetaTrader 4'te pozisyonları kapatmak. Sanal durakları (Ayrı Sipariş) etkinleştirebilirsiniz, AL ve SATIŞ pozisyonlarının ayrı ayrı hesaplanması ve kapatılması (Ayrı AL SATIŞ), Tüm sembollerin veya sadece mevcut sembolün kapatılması ve hesaplanması (Tüm Semboller), Kâr için takip etmeyi etkinleştir ( Sondaki Kâr ) Mevduat para birimi, puan, bakiyenin yüzdesi üzerinden toplam kâr ve zararı kapatın. Uygulama, diğer herhangi bir EA ile birli
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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
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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 :
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Sürüm 2.0 2024.08.14
Add "Shift" at trading parameter (0 = current bar, 1 = previous 1 bar and so on).