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P S Technical Tradingbot

The underlying P.S.-Technical Trading bot is a computer program written in the MQL5 language. The P.S.-Technical Trading bot is a fully automated trading robot based on the two developed technical indicators, ADX and Parabolic SAR, developed by technical analyst Welles Wilder Jr.

If you want to learn more about this, I recommend the book "New Concepts in Technical Trading Systems" which was published in 1978.

In addition, the trading bot eliminates all too understandable emotions during trading.

Following a few quotes from Welles Wilder Jr.:

1. "Letting your emotions override your plan or system is the biggest cause of failure."

2."Some traders are born with an innate discipline. Most have to learn it the hard way."

3."If you can't deal with emotion, get out of trading."

All these problems are taken care of by the trading robot.


Product description:

The P.S.-Technical trading bot is based on a strategy developed by technical analyst Welles Wilder Jr. The P.S.-Technical Trading bot works with two indicators, the ADX and the Parabolic SAR.
Fully automatic trading 24/5. The EA works around the clock, fully automatic.
The P.S.-Technical trading bot was optimized once with real ticks with a modeling quality of 99.99 %.
Does not require a large initial deposit (1000 € or less sufficient)
Important: The recommended default setting is for EUR/USD M15. So if possible make sure you use the 15 min chart. The 10 min or 5 min chart would theoretically also be possible, but better trends can be derived mathematically from a longer chart duration, with which the P.S.-Technical tradingbot tends to work better.
The delay of a VPS server or virtual hosting should not exceed 15 ms.

How it works:

The P.S.-Technical trading bot uses the ADX indicator and the Parabolic SAR indicator to open a long position or a short position based on these trading signals.

The two indicators are used as an entry signal for opening a trade and determine when the trading bid opens a long position or a short position.

Explanation of the ADX indicator: The ADX measures trend strength. It therefore provides information on whether bulls or bears dominate a market. If the ADX is over 20, for example, then you usually have a trend. If the ADX, for example, has a value above 20 and there is now a crossing between the two lines DI+ and DI-, then this crossing has a force and indicates a possible upward trend.

If, for example, the ADX is over 20 and a crossing of the two lines D+ and D- takes place, this means an entry signal for the P.S.-Technical tradingbot. The first and the second parabolic SAR indicator points is also taken into account if it is below (bullish signal) or above (bearish signal) the candle. A buy position is only opened if both signals match, i.e. if, for example, there is a crossing between the lines D+ and D- and the SAR Parabolic indicator appears under the candle. Conversely, the same applies except that the P.S.-Technical trading bot opens a sell position in this case.

The P.S.-Technical trading bot therefore pays attention to a crossing between D+ and D- and D- and D+, if the ADX indicator is above your set value, and it also uses the signal of the Parabolic SAR indicator to strongly minimize false signals or sideways trends.


The P.S.-technical tradingbot is fully automated and the user can change the following input parameters:

  • ADX value setting used as threshold value for trends
  • ADX period setting
  • Adjustable lot size - a quantity that the EA will trade
  • Take Profit - in points for buy trade setting
  • Stop Loss - in points for buy setting
  • Trade comment buy trade setting
  • Take Profit - in points for sell trade setting
  • Stop Loss - in points for sell setting
  • Trade comment sell setting
  • EA Magic Number - used for trade identification

The money management is completely automated and you don't have to worry about anything after the first setup. Hint: use ADX period 27.

The P.S.-Technical trading bot is designed for both professionals and beginners. Furthermore, the chart of the asset is checked for the trading strategy and takes the trading decision away from you within seconds. You gain a lot of free time because you don't have to sit in front of the monitor all the time waiting for a favorable entry signal.

Please feel free to contact me if you have any further questions.

Best regards

Paul

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TSO Price Channel is complete trading strategy focused on creating profit from market volatility. The system takes advantage of the intrinsic tendency of the market to reach its periodic maximum and minimum levels. By allowing the use of multiple instruments, the exposure of the system to any single instrument is reduced. Complete strategy including fully integrated positive and negative management. Works on any instrument. No pending orders placed. Any account size - $1,000+ is recommended. B
1 750 USD
Snake EURUSD
Thurau Baerbel
Snake EURUSD Real EA is a fully automatic Forex Trading Expert Advisor. The robot can run on any pair, but the results are better on EURUSD M15. The system can run with any broker that also provides Floating Spread. Advantages The EA does not use systems like martingale, hedging, etc. The EA uses SL and Trailing Stop to make a profit. In addition, you can also set TP (EURUSD at 93 for me). Best test results with 99.0% in the backtest. It is not necessary to close the EA during the press releas
4 500 USD
PD Trading Robot
Denis Povtorenko
Полное описание робота  здесь . Трейдинг на Д1. Статистика:  https://www.mql5.com/ru/signals/487187 Индикаторы и скрипты, на которых реализован робот: Reversal patterns Angry Alligator Price Channel & Bollinger Bands Script open order Universal Oscillator Логика работы торгового робота: Торговый робот ведет торговлю по разворотным паттернам и по трендовым индикаторам пробоя. 1. Логика работы для разворотных сигналов: Торговля осуществляется с помощью паттернов Pin Bar, Harami и Engulfing
1 250 USD
BE SAFE mt5
Rajkumar Palanisamy
Updated latest version DD is below 30%    **Back Test in IC Markets,  EURUSD, USDJPY, AUDUSD  Time Frame M30**  *USDCAD 1H * *AUDUSD H2*    **BE SAFE EA includes 9 Powerful Trend Indicators**    **99% Accuracy Super Strong BUY and SELL Signal entry**    **EA takes Super Strong BUY or SELL order, after 9 indicator confirmation in one bar** Super Strong BUY and SELL entry EA takes super STRONG BUY and SELL entry, after 9 indicator confirmation in single bar. When you receive the super st
2 999 USD
Be Safe Scanner MT5
Rajkumar Palanisamy
BE SAFE TURBO EA with indicator 24*7 Real account monitoring with deposit 3000$. Updated latest version DD is below 30% https://www.mql5.com/en/signals/598896    **Back Test in IC Markets,  EURUSD, USDJPY, AUDUSD  Time Frame M30**  *USDCAD 1H * *AUDUSD H2*    **BE SAFE EA includes 9 Powerful Trend Indicators**    **99% Accuracy Super Strong BUY and SELL Signal entry**    **EA takes Super Strong BUY or SELL order, after 9 indicator confirmation in one bar** Super Strong BUY and SELL entr
1 999 USD
EA STFX BINARY TECHNOLOGIES EA STFX Binary Technologies is specifically designed for Binary MT5 products Volatility Index 75 and 100 The Expert Advisor can be used for Full Automatic and Semi Automated trading. EA STFX has various strategies such as: Day Trade, Averagging , Martingale, Anti Martingale and or combine the two Trading positions can be closed easily using panels such as close profit only, close buy, close sell, close all transactions The choice of indicators for position entries us
2 000 USD
OrionMT5
Evgeniy Zhdan
The algorithm of the adviser calculates zones of consolidation of the price and the most tentative variants of price movements. Due to the unique method of determining candlestick patterns in the near past, a trade expert adapts to changing market conditions with minimal delay. This allows you to trust the adviser to work offline for quite a long time without the need for frequent monitoring. The Expert Advisor was developed in the conditions of "floating" delay in the execution of trade ord
1 399 USD
Quantturbo
Alejandro Nava
Using the basic principles that allow scientists to report a tsunami a few minutes before it happens (tested during a period of almost 10 years), we have designed an algorithm able to perceive its wave length, amplitude, height, rate, period and acceleration.   This allows our Expert Advisor (EA) to make transactions or to send automatic signals for up to 5 currency pairs (EUR/USD, USD/CHF, AUD/USD, USD/CAD, USD/MXN). In other words, our algorithm identifies the main trend through the result
1 200 USD
Buy and Hedge MT5
Armen Khachatryan
TRADING STRATEGY ON THE BASIS OF HEDGING WITH CORRELATION (Made in Germany) We have repeatedly encountered various strategies based on hedging, but in practice, in their pure form, they were all doomed to failure.  With high volatility in the Forex market, it is rather difficult to detect such convergence of quotations, and there is no need to search for any patterns in the movement of two or more currency pairs at the same time. That is why we decided to create our own automated trading tacti
2 000 USD
TS Trade
Carlos Reis Dos Santos
DESCRIÇÃO O TS Trade é um robô desenvolvido por profissionais com longa experiência no Mercado Financeiro. É baseado em algoritmos de negociação avançados. Tem como principal característica uma gestão de risco rigorosa. É perfeito para quem busca uma ferramenta eficaz para automatizar suas negociações. Instale o Robô e deixe que ele faça todo o trabalho por você. MÉTODO O TS Trade utiliza um algoritmo o qual possibilita identificar uma tendência do mercado a partir da movimentação de duas méd
2 400 USD
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