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MetaTrader 4

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Trader Dynamic Index

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599 $449 $

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Information

Experts
MetaTrader 5
Mohamed Jalloh
1.0
5

Overview

Core Features and Filters

  • TDI (Traders Dynamic Index) 
    The EA computes the TDI using selectable candle types: Japanese, Heikin Ashi, or both. It calculates the TDI’s green (price MA), red (signal MA), and yellow (baseline) lines, along with Bollinger Bands using a custom standard deviation value.

  • Multiple Filters for Trade Signals

    • Baseline Filter: Trades are filtered based on the TDI baseline value.

    • Ichimoku Cloud (Kumo) Filter: Optionally restricts trades to those above/below the cloud.

    • Trend Angle, SP Reversal, TDI Hook, TDI Squeeze, TDI Hidden, Green/Yellow Cross, Green Breaks BBand: These are additional signal and filter options that can be toggled via input parameters.

  • Candle Source Selection
    The EA can operate on standard Japanese candles, Heikin Ashi candles, or require agreement from both (for confirmation).

Trade Management Features

  • Stop Loss and Take Profit

    • ATR-based calculation for dynamic stop loss (SL) and take profit (TP) levels, with multipliers adjustable via input.

    • Option to enable/disable stop loss on new trades.

  • Partial Profit Taking

    • The EA can close a percentage of the position (default 50%) when price reaches a partial TP based on ATR.

  • Trailing Stop

    • Uses ATR to trail the stop loss as price moves in favor of the trade.

  • Auto-Close After N Bars

    • Trades can be automatically closed after a user-defined number of candles.

  • Baseline Zero-Cross Exit

    • Positions are closed if the TDI baseline crosses the zero line in the opposite direction.

  • One Trade Per Day Option

    • Prevents multiple trades on the same symbol in a single day.

Helper Functions and Logic

  • Heikin Ashi Calculation
    Custom function to compute Heikin Ashi candles for use in TDI and price action filters.

  • ATR Calculation
    Used for SL, TP, trailing stop, and partial profit logic.

  • Bullish/Bearish Pattern Filters
    Simple price action checks for bullish/bearish patterns, supporting both candle types.

  • Position Management
    Functions to check for open positions, close all positions, and close positions based on various criteria.

Key Input Parameters (User-Configurable)

Parameter Description
CandleSource Candle type: Japanese, Heikin Ashi, or Both
RSI_Period RSI period for TDI calculation
Price_MA_Period, Signal_MA_Period, Baseline_Period Periods for TDI moving averages
BB_StdDev Bollinger Band standard deviation for TDI
LotSize Trade lot size
ATR_Mult_SL, ATR_Mult_TP Multipliers for ATR-based SL/TP
OnlyOneTradePerDay Restrict to one trade per day
UseBaselineFilter, UseIchimokuFilter, UseCloudFilter Toggle various filters
TrailingStopATR_Mult ATR multiplier for trailing stop
EnablePartialProfit, PartialProfitPct, PartialTP_ATR_Mult Partial profit settings
UseStopLoss Toggle stop loss
CloseTradeAfterCandles Auto-close trade after N candles
EnableBaselineZeroCrossExit Enable exit on baseline zero cross

Summary

This EA is a comprehensive, multi-filter trading robot for MetaTrader 5. It combines TDI, Ichimoku, price action, and other technical signals with sophisticated trade management, including ATR-based stops, trailing, partial profit, and auto-close logic. All major features are user-configurable, allowing for flexible adaptation to different trading styles and market conditions


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