Published products
Documentation for connecting Metatrader 4 with Python with a simple drag and drop EA.
A full end-to-end solution ,fully tested ,fast and efficient!
The Pytrader ecosystem consists of a python script and a MT4 EA. ( MT5 version )
Further for the licensing an indicator is used.
The communication between the python script and the EA is based on sockets.
EA is the Server and the python script the Client .
It is always query(function / python script) and output(data / server).
The
Documentation for connecting Metatrader 5 with Python with a simple drag and drop EA.
A full end-to-end solution ,fully tested ,fast and efficient!
The Pytrader ecosystem consists of a python script and a MT5 or MT4 version EA.
Further for the licensing an indicator is used.
The communication between the python script and the EA is based on sockets.
EA is the Server and the python script the Client .
It is always query(function / python script) and output(data / serv
ProFactor is an indicator generating signals based price on the famous profit factor formula. The calculation is simply defined as gross GREEN BARS divided by gross RED BARS.
That's it in a nutshell, but sometimes the simplest things hold the most value.
So let's imagine your trading system's gross profit for the past year was $40,000 and your gross losses were $20,000. Your Profit Factor would be 2. The ProFactor calculation works on the price of the asset instead of the strategy out
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