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PZ Custom Trader EA MT5

Automate your trading with any custom indicator

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

All the robot needs from you are two inputs:

  • The filename of the indicator to trade
  • The signal buffer or the buy/sell buffers to call

That's it! The signal buffer or the buy/sell buffers should be provided by the developer of the indicator.

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

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

When using this robot, make sure to type the indicator filename of the indicator that you wish to trade, as it exists in the mql4/indicators folder inside the data folder. Do not type the human name. For example, to trade using the "PZ Multi TDI Indicator" you should type "PZ_MultiTDI" instead of "PZ Multi TDI". To find the indicator filename, just load the indicator to the chart and use the indicator name that appears in the settings dialogue.

This EA can trade using all of our free or premium indicators using the signal buffer provided below. However, it can also trade indicators made by other developers: all you need is to know or ask for the buffers to call.


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 file 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.
  • Indicator Parameters: Optionally pass down serialized parameters of the indicator. For example: 10;3;2.5.
  • 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 customie 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


The price of this robot might increase next week!

We've introduced dynamic pricing for this indicator to reflect its true market value. With each sale, the price increases by $1, rewarding early buyers. If no sales occur within a week, the price resets to the original rate, with prices updated every Monday. This model lets the market decide the product's value, but there’s always a chance to grab your desired tools at a cheaper price if you prefer to wait.



Author

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

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Mentfx Mmanage mt5
Anton Jere Calmes
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Kyra Nickaline Watson-gordon
5 (1)
OneClick Online Account Manager is a powerful utility that helps you to manage all your accounts from a centralized panel. It is suitable for all single account traders and specially for multiple accounts traders. The utility help you to : Monitor status of all accounts on a private web page. Some information such as account connection status, account profit, DD, Balance, Equity, Margin Level, Number of positions and orders, Daily and Weekly profit/loss and also overall summation of all these
Mt5 To InterativeBrokers Copier allows you to copy deals from MT5 account to Interactive Brokers. With this, you can run your EA strategy on a MT5 Demo/Real Account, then copy all the deals to Interactive Brokers account real time. Features: 1. Copy or Invert-Copy deals Realtime from MT5 to IB Account. 2. Synchronizing positions of both accounts periodicaly, in case any missing copying. 3. You can choose only Buy position or Sell position. Symbols Setup: General Format:  {MT Symbol} -> {
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Robert Mathias Bernt Larsson
3 (2)
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Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all trading in all pairs is conducted only from one chart! we can trade simultaneously in three different pairs, as by default (EURUSD + GBPUSD + AUDUSD), which take into account the correlation when entering the market for all three; we can trade only EURUSD (or any currency pair) and at the same time take into
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4.8 (5)
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Version 3.0 2023.07.15
- Custom indicator parameters added