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SimpleTPT

Product Overview

This tool is discretionary trading aid that executes a one-time entry when the conditions are set.

  • Action after the newest bar is fixed (opening action)
    For example, there is no need to worry about being pruned by the shadow of the same price before that if you set it in the condition of when the closing price was broken.
    It is not possible to set complicated conditions, and it is not designed for continuous automatic trading, but since it works after the time period is fixed, it may be a more convincing entry than general limit price order and stop price order.

  • TP/SL can be set
    You can set the take profit and stop loss at the time of entry.
    For stop loss, it works in two stages. Fixed stop loss value is set at the time of entry, and if there is a variable stop loss setting immediately afterwards, it will be updated to that value.

  • Moving averages and objects can be used
    Moving averages (up to two) and some objects can be used to trigger an entry.


usage

  1. Place the ex4 file in the MQL4/Experts folder and apply it to any chart. (There is no restriction on currency pairs, etc.)
    The function of the EA is used, so allow automatic trading.
  2. Please set up each parameter in the input dialog. Fields marked with * are required.
  3. When it has been successfully installed, a panel will appear at the lower left corner.
    If all the conditions are correct, click the "OFF" button in the panel to switch to "ON". Wait until the condition is met or the expiration date has passed.
There is no settlement function other than TP/SL. Only one position is allowed in one way per the same magic number.

    *) Even in the ON state, if there are conditions or expiration errors, it will not work.
    *) When MT4 is restarted for some reason, it will be turned off.
    *) Please do not exit MT4 during the waiting period as well as normal EA. (Even if you exit after entry is completed, there is no problem.)
    *) Please try out the demo account before using the real account.


Available Objects

  • Horizontal Line
  • Trendline
Cautions when using objects
If the object with the name set in the "Object Name" cannot be found after setting the EA's properties, an error message will be displayed.
If the message is displayed "SET OK" but the object is not found on the chart, it may be that the object is hidden outside of the screen because the chart has been advanced.
 Please, check to see if any of these objects remain from  [Right Click] -> [Objects List].


Reference: Error Pattern

  • Expired. (Even after the entry is completed, it will be treated as expired.
  • The same item is selected for both entry condition 1 and 2.
  • An object is selected as the entry condition, but no object name is set.
  • An object corresponding to the object name cannot be found, or an object other than the available object has been set.


About Parameters

* = required.

[ INDICATOR SETTINGS ]

Chart TimeFrame*
   The chart's time frame in which the EA is placed.it will automatically switch to the time frame chart set up here.

MA Period(Fast)
   Period for MA (short term). Set to use MA for entry.

MA Period(Slow)
   Period for MA (long term). Set to use MA for entry.

MA Mode
    Type of MA (common for Fast and Slow). Set to use MA for entry.
    *)The time frame used for MA depends on "Chart TimeFrame" settings.

[ CONDITION SETTINGS ]

BUY or SELL*
    Choose Buy or Sell.

Expiry Time Type*
    Select whether to determine the expiration time in server (broker) time or local time.

Expiry Time*
    Expirationtime of the entry reservation.

[1] Front*
    Entry condition1

        MA(Fast)
        MA(Slow)
        Open:opening price
        Close:closing price
        High:high price
        Low:low price
        Object:object(Set an any object name with the following "Object name".)

[1] Operator*
    Entry condition comparison operator

[1] Rear*
    Entry condition2

[1] Object Name
    Any object name (Valid when you select an "Object". It must be the same as the name of the corresponding object on the chart)

[ TRADE SETTINGS ]

Lots*
    Lots

Slippage( pips )*
    Any value.

Takeprofit( pips )*
    Any value. If set "0(zero)", means not use.

Stoploss:Static( pips )*
    Any value. If set "0(zero)", means not use.

Stoploss:Variable( Bars )
    Variable stop loss. Any value. If set "0(zero)", means not use.
    Stop loss is set to the highest (at SELL) and lowest (at BUY) value within the set number of bars. (The stop level is not taken into account.)

Magic Number*

Comment
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The Trade Assistant is designed for the manual trader who needs assistance to manage orders.  First analyze the trend by using a good indicator like Gold Stuff .  Once you have established the main trend, start your orders with the Trade Assistant and use the “buy” and “sell” buttons on panel of the chart to open orders.  The trader can choose to build a grid with or without a multiplier, or just use a single trade according to the different options in the setting. Real-time results can be view
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Haidar, Lionel Haj Ali
5 (9)
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
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VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.88 (58)
Trading Panel for trading in 1 click.  Working with positions and orders!  Trading from the chart or the keyboard. Using our trading panel, you can trade in one click from the chart and perform trading operations 30 times faster than the standard MetaTrader control. Automatic calculations of parameters and functions that make life easier for a trader and help a trader conduct their trading activities much faster and more conveniently. Graphic tips and full information on trade deals on the chart
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RedFox Copier Pro
Rui Manh Tien
4.75 (12)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
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Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain! MT5 VERSION AVAILABLE HERE:  https://www.mql5.com/en/market/product/58658 The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand. For traders that scale into the market gradually with multiple positions or those trading grid and basket strate
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The product is used to trade base on Alert signal from Tradingview with support of an application "Tradingview To MetaTrader". Easy to setup, simple format with custom keyword, do not need to open Internet browser to get alert Allow g et   popup alert from one or more   Tradingview account All option to management orders as trailing stop, breakeen, partial close, time filter, news filter ... Option to auto open grid orders How to setup and guide: Let read all details about setup and download " T
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CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (30)
Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order) , Calculating and closing for BUY and SELL positions separately (Separate BUY SELL) , Closing and calculating all symbols or the current symbol only (All Symbols) , Enable trailing for profit ( Trailing Profit) Close on total profit and loss on deposit currency, points, % of the balance. The application is designed for use on any account toge
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Support tools for repeat trades Set the direction of the trade,the desired price range, and the number of repeats( or pips ) in the parameters. The EA will then automatically repeat the buy and sell according to your settings. The range can be set for both selling and buying, which broadens the range of strategies. This EA is just a support tool that allows the user to trading; the EA does not use indicators or other means to judge the situation internally. Functions and Usage Save the downloa
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