Trading Robots for MetaTrader 5

UniversalTrader

universaltrader-logo-200x200-8504
299.00 USD

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Information

Experts
MetaTrader 5
5
Remi Passanello
18 July 2013
1.32
19 May 2020

Overview

Universal Trader (UT)


This EA is part of the RPTrade Pro Solutions systems.

UT is a trading robot using a trend and oscillator indicators. 

  • It's designed to be used by anyone, even the absolute beginner in trading can use it.
  • Designed for every TimeFrames
  • Uses Takes Profit, Stop Loss and Trailing stop.
  • Can also work as a switch without SL/TP
  • Works with any pairs

How does it work

  • UT is a trend follower. 
  • It's using A build in Supertrend Indicator to find trades entries and Parabolic SAR to Stop/ trail/BreakEven positions
  • Trades are stopped either by TP/SL/TS or by the next opposite Trade to come.
  • No hedging, no averaging.
  • A trade must end before the next can start.
  • UT controls each ticks or each bars, it can be optimized in real ticks or open price.


Testing

  1. Must be optimized before testing. A full description and tutoriel will be (soon) provided at its dedicated support site. 

Inputs

  • IsMicroAccount: [bool] 
    • True will set the minimum lotsize at 0.01
    • False will set the minimum lotsize at 0.1
  • CompletedBars: [bool] 
    • True will trade only at a new bar opening (Open price mode)
    • False will trade Every tick
  • GlobalTimeFrame: [ENUM TIMEFRAME] Select the Time frame of the whole EA
  • FiveDigits: [bool] 
    • True for 5 digits accounts
    • False for 4 digits accounts (not recommended)
  • UseWeekDay: [bool] 
    • True will enable week day selection
    • False will trade every day of the week
  • Sunday: [bool]:
    • True Enables trading for Sunday
    • False Disable trading for Sunday
  • Same use for next days of the week
  • UseTradingTime: [bool] 
    • True Enables trading time
    • False Disables trading time, the EA will trade at any time.
  • TradingTimeStart: [integer] Enables trading from this time.
  • TradingTimeEnd: [integer] Disables trading at this time (trades till the hour is over).
  • CloseTradesAtTradingTimeEnd: [bool] 
    • True will close all remaining trades at TradingTimeEnd
    • False will let the trade run over the non trading period.
  • ManageOpenedTradeDuringTimeOff: [bool] 
    • True will check trailing stop or other stop conditions during non trading period
    • False will just do nothing during non trading period.
  • MaxVolumePosition: [double] Maximum volume for one position (can include several deals).
  • MaximumPercentageAtRisk: [double] Will calculate lot size according to this parameter. Example: 1% risk for 1000€/$ equity = 0.01 lot.
  • UseLotManagement:[bool]
    • True enables Lot Management
    • False disables Lot Management
  • LotManagementType [int] 1 or 2
    • 1= Uses Decrease factor
    • 2= Uses a fix factor 75%,50%,25%
  • ReductionFactor:[double] for money management lot-(lot*losses/ReductionFactor)
    • DecreaseLotAfterLoss: [integer] For lot management 1, it waits until DecreaseLotAfterLoss consecutive loses to reduce lot size
    • LotPerTrade: [double]  Maximum lot size for one trade
    • Take Profit: [double] Take Profit value in pips.
    • Stop Loss: [double] Stop Loss value in pips.
    • Trailing Stop: [double] Trailing stop value in pips.
    • Use Psar To Set SL and TS: [bool]
      • True will enable Parabolic SAR to set Stop Loss and Trailing stop.
      • False will use Stop Loss and Trailing Stop fixed inputs if any. 
    • Magic Number Long: [integer] Unique ID for the EA to manage its long trades only.
    • Magic Number Short: [integer] Unique ID for the EA to manage its short trades only.
    • TF: [ENUM TIMEFRAMES] Time Frame for the indicators, may differ from EA's Timeframe.
    • BarsToWait: [integer] Number of bars to wait before to take a trade after the signals confirmed the entry.
    • cci: [double] CCI Period for SuperTrend indicator
    • ChannelHeight: [integer] False entry signal filter, defines a CCI channel height where no trades must be taken. Useful for ranging market.
    • SARP: [double] SARP parameter of Parabolic SAR indicator.
    • UseBreakEven: [bool]
      • True will enable breakeven
      • False will disable breakeven
    • SetBreakEvenAtXEarnedPips [double] Breakeaven will be set once X profit pips will be reached.
    • AddXPipsToBreakEven: [double] Will add X profit pips to breakeven.
    • ResetOrder: [bool]
      • True will not wait for an opposite trade, take a trade in any direction when signal is given. (can take a buy after a buy and a sell after a sell)
      • False will make the EA wait for an opposite trade (after a sell can only come a buy and vice versa)
    • StopCrossReverse: [bool]
      • True will stop a trade when the price is crossing the SuperTrend line reverse
      • False will just do nothing.



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    If for any reason you do not like the purchased program, you can request a refund within 7 days from the date of purchase. You can also make an exchange for any other product at an equal cost or by paying the difference.

    Simply send a request for refund or exchange with your order number by email: [email protected].

    Refund requests received more than 7 days after purchase will be rejected.

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