Force-Trading
18 $
12 $
this EA implements a basic yet versatile trading strategy with custom conditions based on the Force Index, dynamic trailing stops, and automatic lot size calculation. It also handles various market conditions and ensures that trades are managed with adequate risk controls.
ForceTrail Trading Expert Advisor, Forex robots
Key Features:
- TakeProfit: Defines the take profit level for trades.
- Lots: Defines the lot size for trades.
- StopLoss: Defines the stop loss level for trades.
- TrailingStart: Defines the starting point for trailing stop.
- TrailingStep: Defines the step size for trailing stop.
- MagicNumber: A unique number used to identify orders from this EA.
- ForceData and ForcePeriod: Used to calculate force-based conditions for trade signals.
- AutoLot: Option to automatically calculate lot size based on free margin.
- Trade Conditions: Determines whether a trade should be executed based on technical indicators.
- Buy/Sell Logic: Trades are opened based on the results of technical condition checks like Force and candle patterns.
- Trailing Stop: Automatically adjusts stop loss levels to lock in profits as the market moves in the favor of the trade.
- MaxSizeLastCandel: Defines the maximum allowed candle size for certain symbols like USDJPY.
Important Functions:
- OnInit: Initializes the EA and sets the MagicNumber based on the current date and time. Configures settings for different symbols.
- OnTick: Handles new ticks and checks for trade conditions. Executes buy or sell based on conditions.
- CalcLots: Calculates the lot size based on free margin and market conditions.
- CheckConditions: Checks if the current conditions are met for a buy or sell trade.
- Buy and Sell: Opens buy and sell orders, handling stop loss and take profit levels.
- TrailOrder: Adjusts the stop loss level for open positions to lock in profits as the price moves favorably.
- NewBar: Determines if a new bar (candle) has formed, which can trigger new trades.
This Expert Advisor (EA) is designed to trade based on specific market conditions, including price strength indicators and trailing stop strategies. It supports automated lot size calculation and dynamic adjustment of stop loss levels.
Version | 1.00 |
---|---|
Type | Expert Advisor |
Compatibility | MT4 |
Trading Hours | All Times |
Custom Inputs | Lots, Trailing, Stop Loss, Take Profit, ECN |
Timeframes | M5 and M15 |
Strategy Type | Scalping,Trend Following |
Money Management | Lot Size, Stop Loss, Take Profit |
Supported Pairs | ALL |
Outputs | Automatic Buy/Sell |