Trading Robots for MetaTrader 4

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MetaTrader 4

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Global Macro SA

global-macro-sa-logo-200x200-4135
100 $75 $

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Information

Experts
MetaTrader 4
Giuseppe Pajusco
1.0
20

Overview

The logic is simple and easy to operate;

  • At each new candle H1 if there are no open trades you will open a position in the direction of the selected trend
  • If at the beginning of the next candle the profits are equal or above the Profit Target the robot will close the trade and automatically open another one.
  • If the trend goes against the direction of the trade the system will have a Grid Logic to buy or sell at better prices.


It can also be used to trade in range phases of the target market

This robot is especially suitable for traders who trade multi-day, swing or position trading.


On a practical level it is rather simple to use, when we attach the program to the chart we would have few inputs to appoint which are:

-IDOrder or magic number that identifies the trade opened by the program, it is important to understand that if you want to set it on multiple charts you have to differentiate IDOrder by at least +2 or -2
this is  because we use IDOrder for BUY operations and IDOrder+1 for SELL operations.

- The input of Size which is the Lot Size

-Slippage

-Grid_Distance which is the distance in points where the grid logic will be activated

-Max_Drawdown which is the maximum monetary level of open loss that should it be reached will close all open trades 

-Target_Profit which is instead the monetary level that if reached will close open trades

-long_trend if set true will allow the program to trade long

-short_trend if set true will allow the program to trade short


There is also options using buttons control placed at the bottom left to allow you to change trend or close all trades of a certain type directly from the chart.


When the short_trend is active it will be Colored Red 


And when the long_trend is active it will be Colored Green.


We hope that you can have a good experience using this system and if you have any problems regarding this robot feel free to contact us and we will assist you ASAP. 

Many Thanks SG Brothers Trading Team.











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