EA Toolkit – All in One – Basket Multi-Currency Grid – My Trades – April 5, 2024
EA Profile Overview
Version Status: Current release: v1.0 – EA’s first release. It is accompanied by a firm commitment to continuous improvement and updates. As with our initial release, we welcome user feedback for further improvements, including adding new features and improving code.
Support and Resources:
- Support Site: Forex Factory Thread
- Comprehensive User Manual: In Development
- Recommended indicators:
- Sources of inspiration and development:
Core features:
strategy: Various trading strategies:
- Classic Grid Trading
- Conditional grid based on market indicators
- Time-Oriented Trading Tactics
- Retracement capture
- Trend Following Techniques
Risk and Money Management:
- Dynamic lot sizing based on asset level
- Grid volatility adjustments referencing EURUSD movements
- Flexible grid configuration via Pips or Basis Points
Directional Trading Constraints: Adaptive orientation grid adjustments:
- rain You can initiate a long position in a falling market and a sell position in a rising market, or you can sell in a falling market and buy in a rising market, depending on your chosen strategy.
- Statistically optimized trading direction and indicator-based formulas
- Simulated trading analysis using timed exits and indicator-based formulas
- Swing point analysis for market entry and exit
Improved position size: Configurable Martingale sequence for gradual lot increments
Order management and protection: Advanced stop order conditions:
- Time-based position liquidation
- Calculate Take Profit via Pips/BPS
- Offset your worst losses with accumulated profits
- Pair-wide profit consolidation to close positions
- Dynamic profit locking mechanism
- Average True Range (ATR) for Stop Loss Configuration
- Fixed stop loss in pips/BPS
Portfolio Management:
- 8. Total Basket Profit Target expressed as a percentage.
- Comprehensive basket stop loss parameters by percentage
- Exact daily basket operating hours
- Weekend Trading Stop Logic
- Maximum Profit Hold Timer
- Maximum loss limit timer
Market News Strategy:
- Profit generation by currency pair before news
- Post News Trading Suspension for Affected Currency Pairs
- News Event Grid Trading with Dynamic Lot Adjustment
Analysis tools and metrics:
- Statistical analysis using normalized Z-scores for over 30 MQL4 metrics, including Fibonacci and AVWAP
- Integration with external indicators such as call strength meters for improved signal precision
- Establishment of customized strategy through combination of indicators
Interactive user interface:
- GUI-based manual trading compliant with EA Logic
- Persistent state storage for system updates and terminal restarts
- Manage transactions across your accounts
- Parallel processing of multiple instances for real-time statistical analysis
- CSV export of configuration settings for spreadsheet management
- Custom currency pair selection with options to replace major currency pairs
- GUI control opening and closing basket
- Setting save/load function for quick strategy switching
- Pairwise configuration (settings and formulas) via GUI
Notifications and Alerts: Basic notifications for trade events and system alerts
This EA is designed for traders who want a sophisticated and flexible trading system that can be adjusted to suit different trading styles and risk appetites. From automation of complex strategies to manual intervention capabilities, this toolkit is designed to provide a comprehensive solution for today’s dynamic trading environment.
