Panel Auto Trade Driver

Buy Auto Trade Driver trading application in the store of automated robot systems

Auto Trade Dri­ver is an auto­mat­ic pow­er­ful tool (run as Expert Advi­sor) that helps you to man­age risk and con­trol orders and max­i­mize your prof­it in mul­ti-pro­tec­t/­trail­ing-stop rules. This tool is very use­ful for both scalpers and trend fol­low­ers. It not only cal­cu­lates the trade risk exact­ly, but also pro­tects and max­i­mizes your prof­its in real-time. With this tool, the only thing you have to do is to enter trade by your own strat­e­gy, then it will auto-dri­ve your posi­tion with exit strat­e­gy you chose.

Demo ver­sion for test­ing can be down­loaded at:

Auto Trade Dri­ver is the com­bi­na­tion from two oth­er tools:

Auto Trade Driver

Fol­low­ings are main features:

1. Place Order Panel

This pan­el is used to cal­cu­late required vol­ume that meets your accept­ed stop loss risk. You choose EP and SL with a spec­i­fied risk per­cent­age of bal­ance that you accept to lose at that stop loss point (includ­ing com­mis­sion), the tool will auto-cal­cu­late required volume.

Then, you just need one click on the but­ton BUY, SELL, or PLACE ORDER (with pend­ing order), and order will be sent immediately.

If you want to cal­cu­late and place order with oth­er pairs, just use this tool with those pairs.

Below are para­me­ter settings:

  • Com­mis­sion Type: This is how your bro­ker charges com­mis­sion. It’s “Account cur­ren­cy” if com­mis­sion is charged on account cur­ren­cy unit, and “Base cur­ren­cy” if com­mis­sion is charged on base cur­ren­cy of trad­ing pair.
  • Com­mis­sion Per Lot: The amount of cur­ren­cy units that charged as com­mis­sion for a round turn stan­dard lot. If your broker/account type does­n’t charge com­mis­sion, just leave this val­ue as zero.
  • Sto­ploss Risk: The risk per­cent­age that you accept to lose if stop loss occur.
  • Est. Loss+Commission: The total loss you will incur at stop loss point. This total loss amount includes order’s loss and order’s commission.
  • Order Type: Choose the order type that you want to take place.
  • Order Com­ment: Note for your order as reg­u­lar MT4 order’s comment.
  • Set SL/TP By: Choose how to set Stop loss/Take prof­it point. It’s “Price” if you want to set SL/TP by a cer­tain price val­ue, “Dis­tance” if you want to set them by a dis­tance from the entry point.
  • Adjust­ment Step: Increase/Decrease space of the price adjust­ment when using Increase/Decrease arrow button
  • Stoploss/Takeprofit/Distance: Val­ue to deter­mine the Stop loss/Take prof­it point. Set­ting Stop loss point is manda­to­ry to cal­cu­late appro­pri­ate vol­ume (you may remove Stop loss lat­er if you want, but need to enter a val­ue to cal­cu­late vol­ume and place order). Leave Take prof­it as zero means set­ting an order with­out take profit.
  • Order Drag­ging fea­ture: When you are set­ting EP/SL/TP on the con­trol pan­el, you will also see that there are hor­i­zon­tal lines with cor­re­spond­ing lev­el on the chart. You can select those lines and drag them to adjust order EP/SL/TP. Due to those lev­el, order type will be auto selected.

Auto Trade Driver

2. Protection Control Panel

  • Apply to: Choose which kind of orders will be pro­tect­ed, there are some options: All orders, Buy orders, Sell orders, Cus­tom tick­et order, Cus­tom mag­ic num­ber order, Account value.
  • For cur­rent pair check box: Check this box if you only want to apply pro­tec­tion on select­ed orders (by Apply to) for cur­rent pair only.
  • Type: Pro­tec­tion type that will be applied. 
    • Bar­ri­er: When order make prof­it at X points, then stop loss will be moved to Y points from EP.
    • Profit/Loss dis­tance: Set a fixed dis­tance at which select­ed orders will be closed.
    • Profit/Loss per­cent: Set a fixed profit/loss per­cent­age at which select­ed orders will be closed.
    • Profit/Loss amount: Set a fixed amount of mon­ey at which select­ed orders will be closed.
    • Drawdown/Growth %: Set a fixed entire account drawdown/growth per­cent at which all open­ing orders will be closed.
    • Drawdown/Growth $: Set a fixed entire account drawdown/growth amount at which all open­ing orders will be closed.
  • Pro­tect sta­tus but­ton: Enable/Disable Pro­tec­tion by click­ing on this but­ton. Pro­tec­tion takes effect in real-time with its cur­rent set­tings and Pro­tec­tion sta­tus imme­di­ate­ly. If you want to view oth­er set­tings with­out tak­ing effect, just dis­able Pro­tec­tion before change.

Auto Trade Driver

3. Trailing-Stop Control Panel

  • Apply to: Choose which kind of orders will be stop trailed, there are some options: All orders, Buy orders, Sell orders, Cus­tom tick­et order, Cus­tom mag­ic num­ber order.
  • For cur­rent pair check box: Check this box if you only want to apply trail­ing on select­ed orders (by Apply to) for cur­rent pair only.
  • Type: Trail­ing-stop method that will be applied. There are 5 methods: 
    • Fixed dis­tance: This is like com­mon trail­ing method that MT4 pro­vide. But it’s even bet­ter since you can set a dis­tance small­er than Stop/Limit lev­el, that means Stop/Limit lev­el set by bro­ker is skipped now.
    • Mov­ing Aver­age: Mov­ing aver­age can be used in many ways for trail­ing stops. MA trail­ing is a pret­ty fast to lock prof­its. Trail­ing with MA High/Low is also a good idea.
    • Par­a­bol­ic SAR: Using PSAR is a safe way to trail­ing. It’s a long run­ner if you catch a trend.
    • Zigzag chan­nel: Zigzag chan­nel is made from the bound­ary of zigzag swing points. Like PSAR, Zigzag chan­nel is a “slow­er but longer” trailing.
    • ATR val­ue: Aver­age True Range (ATR) deter­mine the aver­age volatil­i­ty of price at the mean­time. So, trail­ing base on its val­ue is favorite choice of many traders.
  • Aggres­sive mode: Check this box if you want to trail stops from the order’s open­ing base on price val­ue (orig­i­nal stop loss dis­tance may be reduced step by step). Uncheck­ing this box will make trail­ing-stop to take effect only when trail­ing-point makes prof­it only.
  • Show trail­ing mark: Check­ing this box will show the indi­ca­tor mark on the chart that reflect the select­ed trail­ing method.
  • Trail­ing sta­tus but­ton: Enable/Disable Trail­ing by click­ing on this but­ton. Trail­ing takes effect in real-time with its cur­rent set­tings and Trail­ing sta­tus imme­di­ate­ly. If you want to view oth­er set­tings with­out tak­ing effect, just dis­able Trail­ing before change.

Auto Trade Driver

4. Partial Close Control Panel

  • Apply to: Choose which kind of orders will be par­tial­ly closed, there are some options: All orders, Buy orders, Sell orders, Cus­tom tick­et order, Cus­tom mag­ic num­ber order.
  • For cur­rent pair check box: Check this box if you only want to apply par­tial close on select­ed orders (by Apply to) for cur­rent pair only.
  • 1st Close: Choose X per­cent of order’s vol­ume to be closed for the first time when­ev­er the order makes prof­it of A points from EP.
  • 2nd Close: Choose Y per­cent of order’s vol­ume to be closed for the sec­ond time when­ev­er the order con­tin­ues to make prof­it of B points from EP.
  • 3rd Close: The rest vol­ume of order will be closed when­ev­er it con­tin­ues to make prof­it of C points from EP.
  • Par­tial close sta­tus but­ton: Enable/Disable Par­tial close by click­ing on this but­ton. Par­tial close takes effect in real-time with its cur­rent set­tings and Par­tial close sta­tus immediately.

Auto Trade Driver

5. Order Shortcut Control Panel

  • For cur­rent pair check box: Check this box if you only want to apply the short­cut com­mand for the cur­rent pair only.
  • Close: This short­cut is used to per­form close com­mand on select­ed open­ing orders: All orders, Buy orders, Sell orders, Win­ning orders (Profit+Commission>0), Los­ing orders (Profit+Commission<0).
  • Delete: This short­cut is used to per­form delete com­mand on select­ed pend­ing orders: All (pend­ing) orders, All Buy Stop, All Sell Stop, All Buy Lim­it, All Sell Limit.
  • Remove Sto­ploss: This short­cut is used to remove stop loss from select­ed orders: All orders, Buy orders, Sell orders, Win­ning orders, Los­ing orders, Pend­ing orders.

Auto Trade Driver

6. Trade Statistic Panel

  • To view trade sta­tis­tic pan­el, just go to Set­ting menu –> Show trade sta­tis­tic. This pan­el helps you to overview your account sta­tis­tic in the mean time, which includes Buy orders, Sell orders, Win­ning orders, Los­ing orders, Total poten­tial SL and Total poten­tial TP.
  • To move this pan­el, just click on Move icon on the right and place the pan­el wher­ev­er you want on chart.

Auto Trade Driver

7. Other Highlight Features

  • Allows to adjust EP/SL/TP points before you place an order by drag­ging direct­ly on the chart.
  • Auto-rec­og­nizes pend­ing order type based on EP and SL val­ue. No more mis­take in choos­ing Stop or Lim­it order.
  • No need to re-load Expert when chang­ing para­me­ters, every­thing changes direct­ly on con­trol panels.
  • Auto restores the pre­vi­ous set­tings and sta­tus after ter­mi­nal restart or power-off.
  • Flex­i­ble/min­i­mize-able con­trol pan­els that save the chart space.
  • Pro­tects and trails stops with­out the lim­i­ta­tion of Stop/Limit lev­el set by broker.
  • Allows to apply on mul­ti-charts to fol­low mul­ti-rules with “First-come first-served” basis.

 

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