Three in One MT4
"Three in One" is a multifunctional trading robot for MT4, with automatic parameter settings. Version for MT5 here: https://www.mql5.com/ru/market/product/33124
It is designed for both professionals and beginners.
The program works in 3 modes: Robot, Advisor, Indicator.
1. Robot - works fully automatically, without intervention
2. Advisor - it tells you when and what operation to do, using the SELL, BUY and CLOSE buttons.
3. Indicator for manual trading
This is a trend robot, which takes into account current trends, their reversals, as well as support / resistance levels.
There is a special algorithm for determining entry and exit points.
The robot is able to determine the slow trend also flat. In these cases, the order does not open.
In robot mode, the program works completely in automatic mode, without intervention. It is enough only to choose a mode of profitability: Low, Medium and High.
In the advisor mode, appropriate instructions are given in the form of text on the chart and a sound signal.
The following indications are given with the appropriate lot:
- Open the order, SELL / BUY
- Increase the volume (lot) of the position, SELL / BUY
- Reduce the volume (lot) of the position, SELL / BUY
- Close order
In Manual mode, the current point (in the form of an arrow) and the necessary action with a sound signal are interactively indicated on the screen. In this mode you can switch to Automatic mode at any time. Then the robot will continue to work and will follow the open positions.
The Drawdown parameter is a virtual Stop Loss, the percentage of the balance at which a position will be closed (drawdown by equity).
The robot uses virtual floating Take Profit (TP), Stop Loss (SL), as well as trailing stop.
It works on all currency pairs.
The best results are shown on EURUSD, GBPUSD, USDJPY, EURGBP, USDCAD, AUDUSD
A standard trading account is recommended: Standard without commission.
Lot size (LOT) can be changed only in manual mode (Manual).
Works on any time frame, with a leverage from 1:25, but recommended 1:100 or higher, with quotes 5 (3) after the decimal point, spread: below 40
Minimum deposit of $ 500, recommended from $ 2000. Account currency: USD, EUR.
Attention! Testing should be carried out on a standard account with a period of M15 and higher, with a spread of 10.
On the strategy tester in the visualization mode, the program can work as a simulator, where you can conduct manual trading and test different trading strategies
Video in Manual mode: https://www.youtube.com/watch?v=n-n8TYAHzvw
All control buttons are shown in Fig. 3
If you have open orders in MT4 terminal while migrating to another MT4 terminal, you should copy all files from "Files" folder before installing robot on the new terminal
The folder is located here: Open the "File" menu -> "Open Data Folder" -> "MQL4" -> "Files" -> . . . . (EURUSD.new . . . )
These files (.new) store the latest states for each pair
Petros Shatakhtsyan – programming expert in modeling and development of automated trading systems with more than 10 years of Forex experience.