PurrTradeX Signals Light

5
Visual trading with the mind — "from arrow to trade".


The Expert Advisor turns your arrows (a graphical object) on the chart into a signal database and automatically trades on similar situations. Mark the idea and get a trading algorithm. Mark the optimal entry points in the past — EA will do the rest. You can set any number of signals yourself or rely on an automatic algorithm that determines trends in the past using the ZigZag indicator.

PurrTradeX remembers all the placed labels and opens positions when conditions are repeated. Fast, transparent and under your control.

Version MT5 Full.   Version MT4 Full.  Version MT4 Free

How it works (in short)

Set the "up arrow" object below the chart (buy signal) or "down arrow" above the chart (sell signal). Mode: manual or automatic.

EA writes the RSI and the name of the object to the data library and stores them carefully.

If the indicators match (within the specified margin of error with the "Signal Match Tolerance in %" parameter), EA initiates an order.

What is this approach for?

First of all:
If you like, spend time searching for classic, non—standard, and sometimes "mythical" patterns manually - and then forget which ones really worked. It's like looking for a sixth guitar in a flute orchestra: fun at first, tedious later. PurrTradeX systematizes your observations: the same logic deduced from the labels becomes reproducible and verifiable. This reduces the "noise" of intuition and provides a tool for discipline: you make labels, and the system uses them carefully. Testing it. Checking it out. Mark "good" and exclude "unsuccessful" ones. Save time, energy and nerves, and hair on your head.

Secondly:
Visual strategies are difficult to formalize manually. With this Expert Advisor, you turn a subjective note on the chart into an objective rule. This speeds up the validation of ideas, makes the approach reproducible, and enables systematic optimization.
Visual ideas are also easily lost in screenshots, notebooks, and drafts. Now they live in libraries, files that are easily changed during the tests — no old screenshots that "seem to be good." Everything is fair, under control, quick refund and verification of past systems.

Third,:
The best ideas often stay in my head or get lost in a bunch of screenshots. This EA turns your visual trading into an asset: tags are stored, analyzed and used in automatic execution. You retain control, but you get rid of the routine of matching conditions and manual execution.
If you like to say, "I've seen this before," EA will tell you, "I remember."

What do we get in the end?

First of all:
You get the opportunity to formalize the experience, speed up the testing of ideas and remove the routine of manual entries. It is especially useful if you often act "by eye" and want the best solutions to work consistently.

Secondly:
This gives a psychological advantage — less doubt when entering and more consistency in tests and real trading. The system does not guarantee miracles - it provides a control and executive mechanism for your ideas. Less doubt — "or maybe not necessary?".

Third,:
EA will not replace your thinking, but it will help you turn observations into consistent actions. After spending 5-15 minutes on tags, you get an algorithm that can be tested and run within your settings. More practice, less internal chatter.

There are a lot of settings, but they are quite simple after the first acquaintance.

Order Settings (same order as in code)

  • Default Lot — trade lot size for each position (e.g. 0.01 ).

  • Use Risk Percent per Trade — enable/disable automatic lot calculation based on a risk percent.

  • Risk Percent per Trade — percent of account balance to risk per trade (used only if the previous option is enabled).

  • Minimum Signal Match Percent to Open Trade — how closely current indicators must match a saved signal to open a trade. 100 = exact match.

  • Use Close Positions by Equity Threshold — enable/disable automatic closing of all EA positions when equity gain threshold is reached.

  • Equity Threshold for Closing Positions — value of equity − balance (in account currency) that triggers closing all EA positions (works if enabled).

  • Enable Grid Trading — allow grid mode (multiple simultaneous positions).

  • Trading Direction — grid trading direction: only BUY / only SELL / both (ALL).

  • Enable Pause Between Trades — enable a pause between openings (measured in bars).

  • Pause in Bars After Opening Position (configurable) — number of bars to wait after opening a position (applies when pause is enabled).

  • Magic Number — unique expert ID used to mark the EA’s positions (avoid leading zeros).

  • Use Stop Loss — enable setting Stop Loss when opening trades.

  • Stop Loss in Points — Stop Loss size in points (if enabled).

  • Use Take Profit — enable setting Take Profit when opening trades.

  • Take Profit in Points — Take Profit size in points (if enabled).

  • CSV Data File Name — file name used to store/read signal records 

Indicator Settings

  • Use RSI — enable/disable use of RSI for signal filtering.

  • RSI Period — RSI indicator period

Reviews 1
Richard Black
333
Richard Black 2025.08.31 00:58 
 

ea is unique and have never seen any thing like it .could it be a game changer? still testing but each update improves it and whats results you can expect are by trial and error but nothing is easy in trading.

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Richard Black
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Richard Black 2025.08.31 00:58 
 

ea is unique and have never seen any thing like it .could it be a game changer? still testing but each update improves it and whats results you can expect are by trial and error but nothing is easy in trading.

Konstantin Chechnev
5473
Reply from developer Konstantin Chechnev 2025.08.31 11:03
Thank you for your feedback! I’m glad you appreciate the approach. It’s great that you are testing different options. I keep working on improvements and optimization to make the product as useful as possible for traders. If you have any ideas or suggestions, I’ll be happy to hear them. By the way, there is also an extended version of the EA with broader functionality — for those who want to unlock more features or support the further development of the project.
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