Trading Robots for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
This Indicator Automator for MT5 is a flexible MT-5 Expert Advisor targeting the trading strategy development and the automated trading based on up to 4 external indicators.
- Import of up to 4 indicators (no source file needed)
- Fast development of trading strategies
- Automated trading without coding expenses
- Support of different money management methods
- Optional use of grid and martingale techniques
- Powerful virtual trailing stop also applicable in grid mode
- Entries and exits based on definable threshold and/or price levels
- Supports logical combination of two indicators
- Support of additional entry check with separate indicators
- Exit based on trend reversal
- Exit on profit target
- Dynamic lot sizing in combination with stop loss
- Optional support of grid and martingale strategies
- Virtual trailing stop based on points or ATR
- No restriction to specific symbols, markets and time frames
Parameter groups:
- Money Management
- Indicator Setup
- Entry Strategy
- Exit Strategy
- Trade Management
- General settings
Product Documentation: https://www.mql5.com/en/blogs/post/751775
Getting Started: https://www.mql5.com/en/blogs/post/751776
IMPORTANT: This is not a “plug and play” EA. The objective is to offer a no-code environment to develop and test trading strategies based on existing indicators. The selection and configuration of the indicators must be done according to the individual trading idea. Please contact the seller in case you need support in configrung your strategy.
