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Calculation panel

Calculation panel has been developed to aid in Forex trading using a method based on correlation dependence of currency pairs.

The panel implements:

  1. Due to the fact that the working instruments of the "basket" have an equal volatility and pip values, the panel provides automatic calculation of the second instrument's lot size.
  2. To analyze the relative divergence of two currency pairs, the information based on the RSI indicator values (in percentages) are shown on the panel.
  3. Information on swaps of the two instruments is available to allow making the optimal decision on opening a "basket" of trades.
  4. The true range, necessary for calculating the approximate profit.
  5. The "Open" button opens trades on two instruments in different directions at the same time. Accordingly, the "Close" button closes all trades in the "basket" (marked with an identical magic number) without exception.
  6. Trades are managed by the automatic virtual trailing stop (expressed not in price points, but in the deposit currency).
  7. It is possible to manage "basket" trades automatically in four scenarios.
  8. To reduce the possible risks, a virtual stop loss is implemented (expressed not in price points, but in the deposit currency).

Parameters of the panel

  • Symbol11 - the first symbol.
  • Symbol12 - the second symbol.
  • Lot11 - lot size of the first symbol.
Symbol parameters for placing a basket of trades:
  • Symbol21 - the first symbol.
  • Symbol22 - the second symbol.
  • Lots21 - lot size of the first symbol.
  • Lots22 - lot size of the second symbol.
  • Order Type21 - order type for the first symbol.
  • Order Type22 - order type for the second symbol.
  • Magic2 - magic number for the opened positions.

Symbol parameters for managing a basket of trades:

  • Symbol31 - the first symbol.
  • Symbol32 - the second symbol.
  • Slippage3 - slippage.
  • CloseMode3 - select the scenario for closing a basket of trades:
    1. Off - disabled.
    2. PairProfit - by the total profit of the basket of trades.
    3. Cross - at the intersection of the 3D indicator lines.
    4. CrossProfit - at the intersection of the 3D indicator lines (if there is profit).
    5. CrossPositive - at the intersection of the Multitool indicator lines (if there is profit).
  • ProfitClose3 - the total profit of the basket of deals (in the deposit currency).
  • Magic3 - magic number for the opened positions.
  • OscMode3 - select the oscillator (Stochastic, RSI, CCI, WPR, DeMarker).
  • OscPeriod3 - period of the selected oscillator.
  • PeriodMa3 - moving average period.
  • UseStopLoss3 - enable/disable stop loss.
  • StopLoss3 - stop loss in the deposit currency.
  • UseTrailing - enable/disable trailing stop.
  • TrailingStart - amount of profit to activate trailing stop.
  • TrailingDistance - profit in the deposit currency to move trailing stop.
  • TrailingStep - step of the trailing stop in the deposit currency.
  • Filling - select the order execution policy.
  • NameBase - name of the database.
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Telegram ChartSnap MT5 is an utility tool to bridge your MetaTrader 5 activities to your Telegram chat/group/channel. It will screen shot your MetaTrader 5 chart and send it to your dedicated Telegram chat/group/channel through a Telegram bot. The whole process will keep repeating based on a time cycle that predetermined by the user. It is a convenient tool for those who like to get access to their favorite system/dashboard that only available at MetaTrader Desktop. Beside that, trader can eas
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(Crypto Currency Charts) It brings the history as much as the number of bars you specify and starts to show the instant data directly. Provides the opportunity to work in all time frames. Allows you to work with multiple symbols. This app is a background service. It downloads the history of all symbols starting with "F" on the market watch screen and shows the ticks data. Automatically transfers real-time trading data of Binance Futures to MT5. Run the script in the link to use the progra
100 USD
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Версия 2.0 2018.10.20 1. Добавлен расчет коэффициента ранговой корреляции Спирмена. 2. При наведении курсора на показатель таблицы появляется всплывающая подсказка (Расхождение RSI, направление сделок, информация о свопе). Table of currency pairs - разработана в помощь трейдеру торгующему на рынке Форекс по методу основанному на корреляционной зависимости валютных пар. Корреляционная зависимость между двумя инструментами рассчитывается через коэффициент К. Пирсона. Основная функция таблицы -
80 USD
IndCorrelationTable Ind Correlation Table - designed to help a trader trading in the Forex market using the method based on the correlation dependence of currency pairs. The correlation dependence between two instruments is calculated through the coefficient of K. Pearson and C. Spearman. The main function of the table is to output a formalized signal about the possibility of opening a "basket" of transactions in accordance with pre-set parameters, as well as the direction of transactions in acc
95 USD
Frank Paetsch
Frank Paetsch 2021.10.11 18:04 

good but doesnt work , need a update to new version Number MT5 ( the charts dont open automated with the panel)

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