Emperor

Monitoring real accounts

Ready-made files with settings are provided.

Let's take a look at the trading robot designer's capabilities, grouping them into blocks for clarity.

1. Ready-made solutions vs. developing your own strategies

• Instant start. No need to waste time on development—you can start automated trading right away.
• Proven algorithms. Strategies have been tested on historical data.
• Reliability. The risk of code errors is minimized.
• Diversity. Access to various trading approaches (trend, counter-trend, scalping, etc.).

• Algorithm development. Defining rules for entering and exiting trades.
• Testing. Checking a strategy on historical data (backtesting).
• Optimization. Adjusting parameters for maximum efficiency.
• Implementation. Launching the strategy under real trading conditions.

2. Advantages of the designer

• Intuitive interface. Doesn't require advanced programming knowledge—suitable even for beginners.
• Flexible customization. Adaptable to any trading conditions and styles.
• Testing. The ability to test a strategy's performance on historical data without risking losses.
• Security. Strategies are stored on your computer, not on remote servers.
• Automation. A complete strategy management cycle in a single interface—from development to monitoring.

3. Practical application

The constructor allows you to:

• automate routine trading operations;
• exclude emotional decisions (fear, greed);
• respond quickly to market signals;
• test new trading ideas without the risk of real losses;
• optimize existing strategies to suit current market conditions.

Advisor control units: detailed description

• terminal setup and automatic advisor setup;
• coalition of currency pairs (trading on several instruments);
• automatic selection of files with settings;
• manager for downloading files from the server;
• loading files into the advisor parameters;
• blocking and deleting obsolete files.

• allocating funds for trading and limiting risk;
• Stop Loss for each individual pair;
• limit loss on all currency pairs;
• Blocking the advisor to prevent a dangerous decrease in the deposit;
• analysis of trading results based on history and blocking in case of danger;
• limit on the number of currency pairs traded simultaneously;
• control of the number of positions to protect against overload;
• blocking the opening of new series during a drawdown;
• maintaining a distance between positions regardless of their identifiers;
• control of trade direction;
• early exit from the market.

• setting market take-profit and virtual take-profit (in the advisor’s memory);
• setting a market stop-loss;
• averaging of positions;
• early closure of positions by time;
• trailing stop;
• order type (market, pending);
• distance from the price for placing pending orders;
• Early deletion of pending orders based on time or specified parameters.

• defining a global trend;
• determining price strength and speed;
• use of indicators (fractals, ZigZag);
• trading at opening prices and other basic settings;
• main indicator block (setting and combining indicators).

• acceleration of the advisor's work;
• automatic setting of parameter values for optimization;
• automatic optimization;
• forward testing of settings during optimization;
• settings file filter;
• Automatic recording and setting of parameters.

• sending messages (notifications about transactions, errors, etc.);
• news filter (excluding trading during periods of important economic events);
• customizing the size and margins of the advisor's information panel;
• auxiliary function for performing visual analysis;
• event generation to be independent of chart ticks.

Recommendations for use

• Start with ready-made strategies - this will help you understand the logic of automated trading;
• use demo account for testing;
• Set up basic risk management parameters (stop-loss, drawdown limit).

• create your own strategies based on your trading system;
• Conduct multi-factor optimization on different timeframes;
• Combine indicators and filters to improve signal accuracy.

• Regularly update your settings to reflect current market conditions;
• Keep a transaction log to analyze performance;
• Use forward testing before launching on a real account.

Conclusion: The trading robot builder is a powerful tool for automated trading. It's suitable for both a quick start with ready-made strategies and for deep customization to suit individual needs. The key is to strike a balance between strategy aggressiveness and risk management.

Detailed description of the parameters

• https://www.mql5.com/en/blogs/post/775377 (part 1)
• https://www.mql5.com/en/blogs/post/775378 (part 2)
• https://www.mql5.com/en/blogs/post/775379 (part 3)