groundbreaking functionality for the MetaTrader platform
Multiple Trade Open on Each Market Tick - Quick Load Code: m-mo
Can be used to enter into the market with a big position, split over multiple trade opens, as each tick from the market comes in. A text box is provided to enter the number of trades to be opened. Click the appropriate open buy/sell tick box to begin the open. The rule will alert when the open has been completed. You can untick the box to abandon the open whilst in progress.
Trade Open on Next Bar/Candle- Quick Load Code: m-on
Adds two tick boxes (for buy and sell) which when ticked will open trade in that direction on the open of the next bar/candle. Will use lots/SL/TP as set on panel.
Re-open Trade on Take Profit - Quick Load Code: m-tpre
Will re-open a trade when it is closed due to take profit being hit. Tick 'Continuous TP ReEntry' tick box, shown on panel, to turn on/off. Note, requires Auto Mode on panel to be in trade mode, e.g. TC.
Reset for New Trade on New Candle/Bar - Quick Load Code: m-ncrs
Will allow a new trade to happen on new candle/bar if currently loaded entry rule is in agreement.
Reset for New Trade on Take Profit - Quick Load Code: m-tprs
Will allow a new trade to happen, by doing a 'reset', if trade closed due to take profit hit. This will allow a new trade to happen on take profit reached, provided entry rule still in agreement and still signaling trade open. Use tick box 'Reset on TP' to turn this functionality on and off. Note, normally a reset wouldn't happen unless market gone in other direction.
Enable/Distable Auto Mode On Specific Time of Day - Quick Load Code: m-tt
Allows trading start and end time to be specified and trading mode. Will set that mode when time transitions into start time and will set to EVL when trading end time is reached. User_configStr1 and User_configStr2 can be used to supply the default start and end times, respectively. User_configStr3 the trade mode, however, if left blank then will default to TC. Note, if either start or end time are blank that no action will be taken at that time.
Enable Stop Loss Trail on Candle Close - Quick Load Code: m-toc
Provided 'SL Trail on Close' tick box is ticked, the rule will set for trail on candle close after trade opened.
Add Text Box to Panel for Max Spread - Quick Load Code: m-sms
This allows EA input Main_maxSpreadForAutoTradeOpen value to be set interactively by adding to the panel via a 'Max Spread' text box. The box will be initialised with the current value of input Main_maxSpreadForAutoTradeOpen.
Add Tick Box to Panel for Turn On/Off Pending One Cancels Other - Quick Load Code: m-oco
Set for Breakeven When Trade Duration Reaches Set Value - Quick Load Code: m-bed
Adds text box to panel 'BE Secs:' which if not blank will cause breakeven to be set when trade duration (in secs) reaches this value. Note, if trade is loss then will immediately exit. Can set default value with User_configStr1.
Clear Stop Loss Trail when Break Even Price Reached - Quick Load Code: m-ctbe
Open Trade at Specific Time of Day - Quick Load Code: m-te
Set 'Entry Time' box with time in 24 hour format. Will use configured defaults for lots, SL and TP. If box is blank then no entry will happen.
Open Additional Orders If Trade Goes Against Direction - Quick Load Code: m-aoga
Will use our scale-in mechanism to open up additional orders if trade moves in reverse direction. Allows orders to be entered in at a better price before trade resumes it's target direction. Interval of new orders (grid) is given by 'Grid Pips' text box and max orders allowed given by 'Max Orders'. Note, the 'Current Ord' is maintained by the configuration, i.e. don't touch. Note, only supports one direction at the time, i.e. either buy or sell. The lot size of the additional orders will be the same as the original order.
This second version opens seperate trades using the EAs multi-trade mode so they can have independant stop loss and take profit. This can be set via CONFIG | Stop Loss and Take Profit pop-ups. You can set the maximum number of simultaneous orders via CONFIG | General Settings | Max Simultaneous Trades. Quick load code: m-aoga2
Set Stop Loss High/Low of Closed Candle - Quick Load Code: m-slhl
To use need to set SL mode to RULE. Tip: If wish to trail with high/low then in addition to having SL mode also set EA input Main_stopLossUseCalcValueAtOpenForTrail to false.
Set Stop Loss Based on FX Trend - Quick Load Code: m-slft
Set Stop Loss Based on ZigZagColor MT5 Indicator - Quick Load Code: m-slzz
Set Take Profits Based on Moving Average - Quick Load Code: m-tpma
Use selection lists to select moving average method and period to set take profit to. Will use exit % and other actions as configured in take profit pop-up. A pip offset can also be supplied to adjust moving average, so further away by supplied number of pips. If negative pip offset supplied then will move price closer to open price. Tip: You can use CONFIG button | Rule GUI Controls button to change selection lists (maTP1 and maTP2) to suite MA periods you require.
This second version is available that permits up to 4 take profit levels to be set from moving averages. Quick local code: m-tpma2
Trail Stop Loss on New High/Low - Quick Load Code: m-nhlt
For buy, will trail stop loss when new high is formed and will set stop loss to low of the bar and visa versa for sell.
Trail Stop Loss on Lowest/Highest Bars - Quick Load Code: m-bslt
Will wait until trade has been opened for 'Trail Bars' number of bars/candles. Will then look at lowest(for buy)/highest(for sell) price in most recent 'Trail Bars'. Will then apply offset pips given by 'Trail Dist' and use that as trailing stop loss price. Can set 'Trail Bars' to blank to turn off.
Trail Stop Loss on Specified Profit with Specified Step - Quick Load Code: m-aslt
Set Buy/Sell AdvTrail to what is required, in format profitPips/stepPips. For example, if set to 9/5 then for every 9 pips of profit will reduce stop loss by 5 pips. Don't worry about the Buy/Sell OrgSL boxes as they are automatically set by the configuration to the original stop loss price when a trade is opened.
Trail Stop Loss on Steps in Profit with Offset - Quick Load Code: m-aslt2
After target 'Trail Start' profit pips has been reached then will trail SL when steps in profit pips of 'Trail Step' are reached. When a step in profit is reached then will set SL to current price minus 'Trail Offset'. So that if price retraces by Trail Offset then will exit. By default, will move SL when every 20 pips profit set is reached and will set SL to current price - offset. The trailing only will begin when 40 pips profit target has been reached. Note, to turn off set Trail Start to blank.