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PZ Custom Trader EA MT5

Would you like to automate your trading using a custom indicator? This EA trades using almost any custom indicator of your choice. It offers fully customizable settings, flexible position management, customizable trading sessions and weekdays, an inverse mode and a martingale mode.

This EA can trade almost any custom indicator, provided it was created to provide entry signals. The EA can read arrow buffers using a different buffer for each trading direction, or it can read a single signal buffer created to store signals in it. Most custom indicators out there fit this description.

Features

  • Easy to use and supervise
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Trading can be NFA/FIFO Compliant
  • Trades can be closed on opposite signals
  • Implements a martingale mode
  • Filter trading by sessions and weekdays
  • Built-in money management
  • Inverse mode

The EA implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade

Input Parameters

  • Trading Direction: Filter trades by direction: long, short or both.
  • Max. Concurrent Longs: Set the maximum possible amount of simultaneous buy orders.
  • Max. Concurrent Shorts: Set the maximum possible amount of simultaneous sell orders.
  • Indicator Name: Type the name of the indicator you wish to trade, without file extension. For example: "PZ_SuperTrend" or "MySimpleIndicator"
  • iCustom Behavior: Instruct the EA how to read the custom indicator. It can either read trades from a single buffer or read two different arrow buffers. What option to choose depends how the indicator was created. Ask your developer if you need help.
  • Inverse Mode: Enable or disable the inverse mode, to reverse buys and sells.
  • Signal Buffer: Enter the number of the signal buffer of the custom indicator.
  • Buy Buffer: Enter the number of the buy buffer of the custom indicator.
  • Sell Buffer: Enter the number of the sell buffer of the custom indicator.
  • Session Settings: Enable or disable trading for the Asian, European or American sessions.
  • Weekday Settings: Enable or disable trading for each day of the week.
  • Position Management: This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in pips, trailing-step in pips, stop-loss in pip and take-profit in pips.
  • Money Management: In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale mode with a custom lot multiplier. Entering a manual lot size is recommended.
  • EA Settings: If you trade with an US Broker, enable NFA/FIFO mode. Additionally, you can customize the custom comment for the trades and the magic number.

Signal Buffers for my Metatrader Indicators

This EA can trade any of my free or paid metatrader indicators using the signal buffer below.

Indicator Name
 Signal Buffer
PZ 123 Pattern
1
PZ ABCD Retracement
1
PZ Bollinger Trend
5
PZ Candlestick Patterns
1
PZ Cup and Handle
1
PZ Day Trading
4
PZ Divergence Trading
4
PZ Double Top / Bottom
1
PZ Fractal Channel
2
PZ Harmonacci Patterns
1
PZ Head and Shoulders
1
PZ HHHC LLLC
3
PZ Inside Bars
0
PZ Lopez Trend
6
PZ MACD TDI
7
PZ Megaphone
1
PZ Multi TDI
7
PZ Order Block
4
PZ Pennants
0
PZ Penta-O
1
PZ Reversal Fractals
0
PZ Sandwich Bars
0
PZ Super Trend
3
PZ Support Resistance
0
PZ Swing Trading
7
PZ The Zone
5
PZ Three Drives
1
PZ Trend Trading
12
PZ Triple Top / Bottom
1
PZ Turning Points
0
PZ Wedges
0
PZ Wolfe Waves  1


Author

Arturo López Pérez, private investor and speculator, software engineer and founder of PZ Trading Solutions.

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Attention: Demo version for review and testing can be downloaded here . It does not allow trading and can only be run on one chart. Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions
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TradeMirror is a trade copier EA for MT4/MT5 platform. Why TradeMirror We understand the importance of security, stability and privacy for financial software, so we've gone the extra mile to harden these three elements in detail: Provides a user-friendly graphical interface that is easy to operate Focus on privacy and security, suitable for various financial scenarios with privacy requirements for order distribution Precise replication of orders, millisecond distribution Support full platform,
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Market Screener
Andrey Khatimlianskii
Professional tool for professional traders It allows you to browse all available financial instruments and select best ones to trade with lightning speed. Fastest market screening ever Move your mouse over the instruments and instantly see 3 charts with selected timeframes and predefined indicators! Click on the symbol name to hold it. Use UP and DOWN keys to select previous /  next instrument. Ultimate charting Smooth scale, automatic indicator lines width, smart grid and much more. You'll
249 USD
VR Watch list and Linker MT5
Vladimir Pastushak
5 (5)
VR Watch list and Linker  – professional screener of financial instruments, designed for manual and semi-automatic search for the most liquid financial instruments in the MetaTrader 5 terminal. SCREENER ADVISOR DOES NOT WORK IN STRATEGY TESTER!!! How to get a trial version with a test period, instructions, training, read the blog https://www.mql5.com/ru/blogs/post/723833 . The screener links open charts to its own market overview, when changing the financial instrument in the market overview, th
280 USD
Corporate Report MT5
Pavel Verveyko
5 (2)
The script displays info about the share's corporate reports and dividends. The data is downloaded from   investing.com : Report date Profit per share (EPS) Revenue Market capitalization Amount of dividends Date of payment of dividends Dividend income The product cannot be tested in the tester (since it is not possible to receive data from the Internet). Before launching:  Add 2   URL   https://ru.investing.com/earnings-calendar/Service/getCalendarFilteredData  and   https://ru.investing.com/
275 USD
The most simple and easy to use Partial Close Expert. The main idea of this Expert is to apply partial close to your positions. Expert will automatically find your open market positions and apply partial close according to your settings. Attach Partial Close Expert, Press "p" on your keyboard , change the settings and you are ready to go. You Can Use Demo Version From Here https://www.mql5.com/en/market/product/30480 You Can Use Mt4 Version From Here https://www.mql5.com/en/market/product/14965
199 USD
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PZ TRADING SLU
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This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visua
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This indicator anticipates price reversals analyzing bullish and bearish pressure in the market. The buying pressure is the sum of all the accumulation bars over a certain number of days, multiplied by the volume. The selling pressure is the sum of all of the distribution over the same number of bars, multiplied by the volume. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] The indicator ratio gives you a measure of the buying pressure as a percentage of the total ac
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PZ Pivot Points
PZ TRADING SLU
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This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indi
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PZ TRADING SLU
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