Utilitie Trade Designer script

Buy Trade Designer script trading application in the store of automated robot systems

Description

Trade Design­er is a script for open­ing posi­tions at the points marked by the Trade Design­er of the same name. The script auto­mat­i­cal­ly deter­mines the direc­tion of the posi­tion, type, and size based on the sig­nals of the indi­ca­tor.

The order type is defined by the stop loss loca­tion rel­a­tive to the open price. If the indi­ca­tor does not run on the chart where the script is run­ning, then no posi­tion will be opened. Please note that the val­ue of the Unique Num­ber must be in par­al­lel with the val­ue set in the indicator.

Require­ments

  • Meta­Trad­er 4 Build 600 or higher.
  • The Trade Design­er indi­ca­tor must be run­ning on a chart.
  • Allow Auto­Trad­ing before run­ning the script.

Input Parameters

  • Slip­page (default: 3) “ when an order is placed, the Ëœcur­ren­tâ„¢ price is not always avail­able. This set­ting spec­i­fies the max­i­mum dis­tance from the expect­ed order price (in points) which is still con­sid­ered accept­able when open­ing and clos­ing orders. The default val­ue of 3 points is nor­mal­ly fine with most brokers.
  • ECN Bro­ker (default: true) “ this para­me­ter defines whether your bro­ker is an ECN bro­ker or not. If you have no infor­ma­tion about it, please ask your bro­ker or leave the para­me­ter TRUE.
  • Unique Num­ber (default: 111111) “ the script must assign a unique, non-zero num­ber to the posi­tion being opened. In the future, it must man­age only posi­tions, the unique num­ber of which is equal to the pre­set one.

Please watch the demo videos to under­stand this script and see how it works.

Demo Videos

Down­load the demo ver­sion of the indicator: Trade Design­er Demo (it works only on USDCAD pair).

Trade Designer script

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