• Overview
  • Reviews (2)
  • Comments (4)
  • What's new

True Range MT5


Accurate Night Scalping & Smart Grid System


True Range MT4 >> https://www.mql5.com/en/market/product/38378


Features

  • 100% automated trades
  • Hard stoploss for every position
  • Spread control 
  • Manual & Auto volume
  • Easy to use & ready to go
  • 2017-2019 99% tick quality backtests


Expected perfomance (default settings)

  • Growth: 10-20% / mo
  • Max drawdown: <35%


Presets 


Monitoring 


Recommendations


Input parameters

  • Magic - magic number
  • Comment - comment
  • Slippage - max allowed slippage, point
  • Order Max - max allowed amount of positions for each direction
  • Lot Max - max allowed volume of each position, lot
  • Spread Max - max allowed value of the spread for opening / modifying / closing a position, point
  • Timeframe - timeframe
  • Direction - allowable positions type
    • LongAndShort
    • OnlyLong
    • OnlyShort
  • Takeprofit on Bar - getting takeprofit on bar / tick
  • --- Volume ---
  • Volume Type 
    • LotManual - based on Lot Main
    • LotAuto - based on Factor Auto
  • Lot Main - main lot (valid with LotManual / LotAuto), lot
  • Factor Auto - account funds per each Lot Main value, lot = ACCOUNT_MARGIN_FREE / Factor Auto * Lot Main (valid with LotAuto), $
  • Progression Type
    • PrgrNone - no progression
    • PrgrArithmetic - arithmetic progression (Lot=LotLast + Progression Factor)
    • PrgrGeometric - geometric progression  (Lot=LotLast * Progression Factor)
  • Progression Factor - progression value
  • --- Levels ---
  • Stoploss - stoploss of each position, point
  • Takeprofit - takeprofit of the basket, point
  • Grid - min grid step, point
  • --- Time ---
  • Hour Start - hour to open a position, hour
  • Hour End - hour to stop opening a position, hour
  • Hour End Friday - hour to stop opening a position on Friday, hour
  • --- Indicators ---
  • RSI Period - period of RSI
  • RSI High Level - upper level of RSI
  • ATR Period - period of ATR
  • ATR Counter - counter of ATR
  • ATR Factor - last ATR to total ATR ratio
  • --- Overlap ---
  • Overlap - overlap of the first order by the last 
  • Overlap Number - number of orders to start overlapping
  • Overlap Percent - last order profit to first order loss ratio
  • --- Drawdown Stop --- 
  • Drawdown Type
    • DDNone - not active
    • DDCurrency - by account currency
    • DDPercent - by account equity
  • Drawdown Value - max drawdown value to close orders when a drawdown is reached
  • --- Graphics ---
  • Color Buy - Buy levels color
  • Color Sell - Sell levels color
  • Display Trades - enable / disable to display the trades


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Roman Moroshchuk
126
Roman Moroshchuk 2020.08.02 17:36   

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yuta322
225
yuta322 2020.04.18 06:04   

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Version 4.20 2020.07.25
Options added: progression, overlap and drawdown stop
Version 4.10 2020.06.13
Recompiled by build 2485
Version 4.0 2020.05.23
Code optimization
Version 1.30 2020.04.13
Direction option has been added to select positions type.