Robotrader is an automated trading Expert Advisor designed for Forex trading. It is based on the Node Chart: its statistical constant properties are used for making decisions. Uses tick data for analysis, that is why can run on any chart period. The EA uses Stop-Loss to limit losses, and a smart martingale. Advisor has few parameters, is easy to set up and has a high risk/reward rate.
During testing and optimization in the Strategy Tester use only "Every tick" mode. During testing in the...
Price Grid represents an alternative price grid:
It can be added to the main or an additional window of a chart. Minimum multiple step is 5 points. It is automatically determined depending on the price range in the chart window (additional window). Grid color depends on the background color and is customized automatically. The grid stands in a slight contrast with the background, so it does not divert your attention. Important price levels have brighter color.
This utility pronounces the size of deviation of the current price from the open price of your position ("Deviation Reader"). It also says when a position moves from a negative zone to a positive zone and vice versa ("Position Alert"). It allows you not to sit in front of your monitor, and control your positions remotely. The utility supports two languages: English and Russian (chosen depending on the languages of the client terminal).
You can also set a step for alert triggering (5, 10, 20...
Trade Pane and Deposit Protection
The Expert Advisor-utility is intended for manual trading. In the background mode it tracks the actions of a trader and doesn't allow getting a loss more than specified by placing Stop Loss orders. The level of acceptable loss (risk) is set by the trader in the deposit currency.
Automatic placement of a Stop Loss order depending on the value set in the deposit currency (% of the deposit); Trade menu: Buy, Sell, Close and Reverse...