- April 17, 2023
- Posted by: Forex Wiki Team
- Category: Forex Trading System
Hello everyone, I would like to share a new Auto Trading Button System with you. Please let me know if you find any errors or bugs.
I tested this script using the Real ICMarket account. It may not be compatible with other accounts and brokers, but the code can be easily modified as I have included *.mq4 files.
The zip file contains four folders:
1. CloseAndBreakevenLayer - not my own code, but I included it as it's useful
2. OpenManyLayer - this is mine
3. OpenOneLayer - this is mine
4. OpenOneLayerAndModifyOtherLayer - this is mine
I hope the folder names make it easy to understand what each script does. I will not go into further detail about the script's functionality as it's best to test it on a demo account first to understand what it does.
All scripts are set by default to use Money Management (MM) settings, which sets up trades based on percentage risk lots and percentage take profit of the current account balance and equity. As your account balance and equity grow, the real Lots also increase, and the real profit in dollars ($) also increases. Stoploss (S/L) is disabled by default.
I also created a button on the chart to simplify one-click trade operations.
My current favorite script that I use for trading is as follows:
For Up Trend
_Buy_TP1v3@market (open a buy trade and set all trade T/P=profit % , clear S/L=0)
_Sell_TP1v4@market (open a sell trade and set all trade sell S/L == T/P (trade buy) , and clear trade sell T/P=0)
version 4 open opposite trade and will resulted trade sell in loss and trade buy in profit and exited at the same time.
_Buy_TP1v5@market (open a buy trade and set all trade sell S/L == T/P (trade buy) , and clear trade sell T/P=0)
version 5 will resulted trade sell in loss and trade buy in profit and exited at the same time.
For Down Trend
_Sell_TP1v3@market (open a sell trade and set all trade T/P=profit % , clear S/L=0)
_Buy_TP1v4@market (open a buy trade and set all trade buy S/L == T/P (trade sell) , and clear trade buy T/P=0)
version 4 open opposite trade and will resulted trade buy in loss and trade sell in profit and exited at the same time.
_Sell_TP1v5@market (open a sell trade and set all trade buy S/L == T/P (trade sell) , and clear trade buy T/P=0)
version 5 will resulted trade buy in loss and trade sell in profit and exited at the same time.
For Sideway
_Hedge_TP1v3@market
this will open both way a trade sell and buy at the same time but have different T/P and will resulted both exited trade at a different time.
That's all. All the bestÂ
Extra Indicators - you will know exactly how much profit percentage % in dollar $ and how big is the real percentage lot.
Auto Trading Button Free Download
We highly recommend trying the Auto Trading Button EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.