Advisor Assistant Zero1.0
We have all heard repeatedly that there are not only advisors that work
independently, but also various assistants that can simplify the work of manual trading many times over.
Of course, automated trading experts will always be indispensable, since complete automation of the trading process completely eliminates the human factor.
However, when studying the stories of successful traders, you understand that it is human qualities that allow one to rise to heights, because emotions both have a detrimental effect on the account and, on the contrary, create precedents that are then described in various books.
However, despite all the delights of manual trading, many processes become beyond human control.
"clear" script
The efficiency of a trader directly depends on the functionality of the trading
platform through which the trading process is carried out.
Of course, the abundance of various tools such as indicators and the like are important, but no less important is the performance of the program, which, unfortunately, rapidly drops if you use it for a long time.
Many traders constantly see the broker as an enemy, blaming him for the fact that it is because of his interference that the platform simply begins to slow down.
Such complaints become especially relevant if the speed of order execution is very important to your trading strategy, for example, if you are using a scalping or pipsing strategy.
Aggregate Position Indicator
Probably, each of you dreamed of looking on the other side of the market, to see where traders’ positions stand, in
which direction the majority of players are aiming. Indeed, if you could master such valuable information, you would always be able to analyze the logic of the crowd, their behavior and, in a short-line perspective, predict the possible price movement.
Broker Amarkets is the first who was able to provide such information to its clients for general review.
Of course, you will not be able to obtain information about the order values of all traders, because even the broker does not know about this, but you can always see in which direction AMarkets clients are trading and draw conclusions based on the information received.
TrailinRobot is an indispensable trader's assistant!
Sometimes a constant routine takes a lot of time. Setting trailing stops and trying
to move the stop order as far behind the trend as possible is one of them.
Previously, I had never thought about trailing, its importance in trading, and even more so, I rarely used it. However, I had to face a situation where I had about ten orders open; at that time it was a clearly constructed pyramid.
In order to squeeze the maximum out of the market, I needed to move the stop order behind the price of each order, and this must be done clearly at a given distance so that the outermost orders of the grid would be one hundred percent withdrawn without a loss.
Script "Profit Statistics".
Often, for various purposes, a trader needs information on the statistics of profits received; information is necessary both to provide
investors and for their own purposes.
The "Profit Statistics" script allows you to show the relative and real value of profit for the current day, week and month.
As a result, you receive data on the profitability of transactions in dollars and percentages relative to the deposit amount.
In fact, this is the only function of this tool that does not require additional configuration, and installation is carried out by simply copying the script to the folder of the same name.
Take profit for pending orders.
Another assistant to simplify the life of a trader, designed for those who use a large number of pending orders in their work.
Allows you to automatically set take profit for them based on the size of the stop loss and the size of the spread.
Script highs and lows.
This indicator of minimum and maximum prices for a certain time period is the main guideline when planning
Forex transactions.
Thanks to it, you can not only determine where the price is now, but also predict the prospects for its further movement. The minimum and maximum script builds sequential lines that connect the maximum and minimum price values for the day, week and month.
That is, you get not just levels, but certain graphic figures that characterize the trend and help assess the market situation.
The script is installed in the Indicators and added to the chart according to the standard scheme; only color settings can be changed.
Breakeven script.
Usually, setting a stop loss implies closing a position at a loss, but why lose money if the price has entered the breakeven zone, you can move the stop to a more profitable place.
The breakeven script allows you to close a deal with a zero result, that is, after the price passes the number of points you specified towards profit, a stop order will be placed at the zero mark, which will work in the event of a reversal.
Order history script.
The tool allows you to quickly remove all graphic symbols (arrows) from the charts of the trading terminal and install new indicators of where positions will be opened.
That is, the entire history of your transactions will be visually presented using multi-colored arrows, and when you hover over the arrow, a tooltip of the open position parameters will appear.
Script assistant.
An excellent tool that allows you to almost completely automate the process of placing orders, both market and pending, as well
as stop orders.
The order placement assistant script has the most advanced functionality, that is, by launching the program, you can forget about the standard option for opening new positions and enjoy comfortable work.
It is not for nothing that the author positions this version of the script as an advisor, although he does not conduct any independent trading.
The assistant is installed in the "Experts" folder by simply copying the file from the archive to the named directory, then restart the trader's terminal and add the script to the desired chart.
Script for installing a ladder of orders.
There are many interesting tactical approaches to orders, one of which is the creation of a kind of profit ladder, when several orders are opened simultaneously with the same opening price, the same direction and stop loss size, but the take profit will be different for everyone.
For example, we set 5 buy orders, the first of which will close with a profit of 20 points, the second 30, the third 40, etc., the safety stop loss for all is 30 points.
Script - Stops on all orders.
Sometimes, for some reason, you need to set stop loss and take profit on already open orders. This can be done simply for each order separately, or you can use a script.
The script that sets stops on all available positions works on the simplest possible principle: you set the size you need in the MetaEditor and the field you just need to click on the script and it will independently set the stop loss and take profit .
Script spread size.
If you want to check how truthful your broker is in claiming that he has the smallest spread, use this indicator,
it will help you record the history of spread changes even if you are not at the trader’s terminal.
The spread size script performs only one function - it tracks changes in the broker's spread and displays them as a curve in a separate terminal window.
An additional bonus is that Forex sessions are highlighted in different colors, which allows you to quickly navigate at what moments the broker’s commission is the smallest. and when is it better to postpone trading.
Script for deleting pending orders.
On Forex, there are many people who like to place a large number of pending orders that will be triggered under certain conditions, but time passes and conditions change and it becomes necessary to delete orders with outdated parameters.
The script for deleting pending orders easily copes with this task; in its settings you just need to select which of the pending orders will be deleted.
Script for automatically placing orders.
First of all, it should be noted that this is a fully working script for automatically setting the parameters of buy and sell orders; it works on any DC and quotes, regardless of the number of decimal places (three, four, five).
The type of account also does not matter - demo, cent, standard or ECN account ; the script works with the same efficiency on all.
What can such a script do and what are its settings?
Script "Download quotes".
Very often, a trader’s trading terminal requires the entire history of quotes; it is quite inconvenient to download it separately for each currency pair; it is easier to do this using a special script for most trading instruments at once.
Setting stop orders with the mouse.
Setting stop loss and take profit orders has always been a priority when working in Forex.
If you are trading one open position, it is not difficult for you to change its parameters when the market situation changes, but if several orders are open for one currency pair, then this process can take quite a long time. In order to simultaneously change the parameters of stop orders for several open positions, this script is just useful.
A script that helps you set trailing stops.
Trailing stop is one of the options for stop orders; it automatically closes a position as soon as the price reaches a certain level.
Unlike stop loss, this order does not have a fixed indicator, it is floating, that is, it is not a specific point that is set upon reaching which the position will be closed, but the distance from the existing price in points.
Calculation of market volatility.
A convenient script that allows you to automatically calculate Forex volatility , and use the obtained data to place stop loss or take profit orders, as well as for other purposes.
The program is quite simple and practically does not require configuration; in order to calculate market volatility for the required period of time, we perform the following steps:
Script for risk and calculation of stop loss and take profit.
Risk management is one of the key points when working on Forex; without its use, you can quickly lose all the funds in the trader’s account. The main parameters that a trader should know are the ratio of the deposit size and the Forex trading lot , the size of the stop loss and take profit.
To partially automate the calculations, a script for calculating these parameters was invented; let’s check how effectively this program works.
Closing all orders.
An excellent tool for those traders who do not like setting up scripts and prefer to work with a large number of simultaneously open Forex orders.
This program has practically no settings, and it doesn’t need them, its task is to execute your command and complete all currently open transactions in the MetaTrader 4 trading terminal.
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