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Indicator Automater MT5

130 USD

Demo downloaded: 102

Published: 15 February 2023

Current version: 1.16

Indicator Automater MT5

Experts
Michael Conrad
Version: 1.16
Updated: 2 March 2024
Activations: 10

This Indicator Automator for MT5 is a flexible MT-5 Expert Advisor targeting the trading strategy development and the automated trading based on up to 4 external indicators.

Benefits:

Import of up to 4 indicators (no source file needed)
Fast development of trading strategies
Automated trading without coding expenses
Support of different money management methods
Optional use of grid and martingale techniques
Powerful virtual trailing stop also applicable in grid mode

Characteristics:

Entries and exits based on definable threshold and/or price levels
Supports logical combination of two indicators
Support of additional entry check with separate indicators
Exit based on trend reversal
Exit on profit target
Dynamic lot sizing in combination with stop loss
Optional support of grid and martingale strategies
Virtual trailing stop based on points or ATR
No restriction to specific symbols, markets and time frames

Parameter groups:

Money Management
Indicator Setup
Entry Strategy
Exit Strategy
Trade Management
General settings

Product Documentation: https://www.mql5.com/en/blogs/post/751775

Getting Started: https://www.mql5.com/en/blogs/post/751776

IMPORTANT: This is not a “plug and play” EA. The objective is to offer a no-code environment to develop and test trading strategies based on existing indicators. The selection and configuration of the indicators must be done according to the individual trading idea. Please contact the seller in case you need support in configrung your strategy.

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274

Patel Akash Ashvinbhai 2023.04.09 21:30 #

Michael sir…You are too good when I was join with you I am new in this sea…but you are always teach me and give a very humble for my stupid question 😅 . Every time when I would request and bot configure within 2-3 hours you are done my request…so all you give me I am very thankful sir🙏

315

Abdul bari 2023.02.20 20:58 #

Michael is a good listener. He understands the requirement and is always available 24/7 to assist. I would suggest him for any bot request. Thank you Michael, you are wonderful

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Filter:

274

Patel Akash Ashvinbhai 2023.04.09 21:30 #

315

Abdul bari 2023.02.20 20:58 #

Michael is a good listener. He understands the requirement and is always available 24/7 to assist. I would suggest him for any bot request. Thank you Michael, you are wonderful

Version 1.16 2024.03.02

New Parameters Trading Mode and Trading Symbol. This feature can be used in combination with charts/indicators on custom symbols. Status of this feature is still Beta, please only use for testing, for productive use select the setting Trading Mode=Chart Symbol for trading.

Version 1.15 2023.04.15

Maintenance Release

Version 1.14 2023.04.11

Added a new parameter in the primary trade entry section. In case the indicator only provides a continuous buy or sell signal, the new parameter Entry requires reverse signal can be used to avoid unwanted re-entries e.g. after manual close of trade.

Version 1.13 2023.03.08

Maintenance Version

Version 1.12 2023.03.07

This version includes a new feature for the virtual trailing stop.
The re-entry after the virtual trailing stop was hit, can now be restricted to the previous exit level.
It is also possible to configure an offset to the previous exit level.

Version 1.11 2023.02.25

New features:
1. Setting to display indicators with selectable window / sub-window
2. Trade exit if entry condition not valid
3. Additional check for entry based on trend of last n candles

Version 1.10 2023.02.23

Extended display options (parameter section general)

Version 1.9 2023.02.20

Added additioal logic for the entry checks with indicator 3 and indicator 4

Version 1.8 2023.02.20

Clean up typos

Version 1.7 2023.02.19

Updated settings for the display options

Version 1.6 2023.02.16

Added arrow signal for buy/sell signals.