Advanced MT4 Tools41Engllish
- Utilità
- Chen Guang Mao
- Versione: 4.1
- Attivazioni: 20
This is a feature-rich MT4/MT5 trading EA (intelligent trading system), designed around financial trading scenarios such as foreign exchange and gold, covering transaction execution, closing control, risk strategy, pending order layout, advanced operations and status monitoring. The following detailed descriptions are provided in the modules:
1. Basic trading execution: Quick opening position
Number of moves given direction:
Enter "0.01" to set the trading lot and control the positions of each transaction (adapted to test positions, light positions, and heavy positions).
The "Buy" (red) and "sell" (green) buttons execute the opening of positions in long and short directions with one click to simplify the trading start process.
Time synchronization: Top "Time: 07:57:45 Friday", displaying EA running time in real time, assisting in judging trading periods (such as non-agricultural data, European session fluctuations and other key windows).
2. Close position management: multi-scene exit strategy
Basic closing position:
"Full closing position" (gold): clear all positions with one click to deal with extreme risks (such as black swan market).
"Long long positions" (purple), "Long short positions" (gold): Accurately close long positions or short positions, retain reverse positions and flexibly adjust them.
Conditional closing position:
"Long-select profit flat" (blue), "Low-select profit flat" (green): only flat-profit corresponding positions, lock in profits (let loss-selects "carry" and adapt to trend strategies).
"Loss orders are all flat" (green): clear all losses and cut off risks (avoid losses expanding, adapt to short-term stop loss).
"Profit is all flat" (red): Fix all profit orders, put them into the pocket to be safe (lock account income, adapt to band take profit).
3. Risk management: Hierarchical risk control
Dynamic trailing stop loss:
Enter "200" and after "Trailing Stop Loss" (blue) is enabled, EA dynamically adjusts stop loss by following the price:
When the position is profitable (such as long orders, the price rises), the stop loss position will automatically move upward (lock profits to prevent pullbacks and swallow profits);
When the price is reversed, the current stop loss position will be closed (control the loss and prevent the trend from reversing).
Unified risk control:
"Unified profit stop-profit" (red, fill in "0.0"), "Unified stop-loss" (green, fill in "0.0"): set the take-profit/stop loss of all positions in batches to simplify risk control of multiple positions (such as multi-species trading, set a unified 30-point take-profit).
Unilateral stop-profit:
"Long orders take profit" (red, fill in "300.0"), "Low orders take profit" (green, fill in "300.0"): Control long/short orders take profit separately, adapt to strategies in different directions (such as long trends focus on long orders take profit, and short trends focus on short orders).
4. Pending order strategy: automatic layout entry
Pending order parameters:
"0.00" (Pending order price offset): Set the deviation value between the pending order and the current price (such as long orders, pending order = current price - offset value).
"0.01" (number of hang-on lots): Set up the hang-on lots, which is consistent with the logic of real-time trading lots.
Pending order type:
Callback strategy: "Callback long orders" and "Callback short orders", automatically open positions when the price pulls back key support/resistance (grab rebound/retracement, adapt to volatile markets).
Breakthrough strategy: "Breakthrough long positions" and "Breakthrough short positions", automatically open positions when the price breaks through resistance/support (chasing the trend starts, adapting to the trend market).
Pending order management: "Delete Pending orders" (yellow) clears the pending orders with one click without triggering, and flexibly adjust the strategy (such as market changes, old pending orders are deleted and newer strategies).
5. Advanced functions: cope with complex market conditions
Reverse operation:
"Reverse doubling": open a position in the reverse direction and double the number of hands (such as 1 long position → 2 short position), the game trend reverses (suitable for quick adjustment when judging the market turn).
"Reverse order opening": Only open positions in the reverse direction (the number of hands remains unchanged, such as 1 long order → 1 short order), suitable for fluctuating markets, sell high and buy low.
Locking function: "One-click full locking position" (purple), open and lock the position in the same quantity (such as 1 long position → 1 short position), freeze floating profit and loss (could deal with extreme fluctuations, such as locking positions before data market risk aversion).
6. Target and status monitoring: Quantitative transaction results
Profit target:
Enter "Total Profit Points" (such as "0.0"), and then "Set Targets" trigger "Close the position according to the standard", realizing "close the position after enough earnings" (such as 50 points in the band target, automatically close the position according to the standard, and adapt to the quantitative strategy).
Position and Account Monitoring:
"Long orders: 0.00 lots (0.00) | Short orders: 0.00 lots (0.00)": Display positions in real time and master the long and short layout.
"No net position | Total profit and loss: 0.00": Displays the account net position and total profit and loss, and judges the overall profit and profit.
"Balance: 170711.96 | Net Value: 170711.96 | Position: 0": Displays the status of the funds, assists in risk judgment (net value = balance + floating profit and loss).
Initialization status: "EA initialization is completed!", prompting the system to be ready and transactions can be made normally.
Core values and applicable scenarios
This EA covers the needs of newbies to professional traders through the **"process simplification + layered risk control + strategic ordering + flexible operation"**:
Newbie: Simplify opening/closing positions, lower trading thresholds, and avoid manual operational errors.
Advanced traders: Use "pending order strategy, trailing stop loss" to realize semi-automated trading, freeing the market focus, while retaining strategy flexibility (custom callback/breakthrough point).
Risk control sensitive persons: "Unified stop-profit and stop-loss, guaranteed capital monitoring" accurately control risks, adapt to various market strategies such as bands, trends, and oscillations.
The essence is **"Trading Full Process Assistant"**, which not only solves the efficiency and risk control pain points of manual trading, but also implements the strategy through functional module empowerment. It is suitable for medium- and short-term trading of margin trading products such as foreign exchange, gold, and crude oil (such as intraday bands, trend tracking, oscillating high and low buying).
