Trading utilities for MetaTrader 5

Strategy Builder Lite

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340.00 USD

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Information

Utilities
MetaTrader 5
5
Jacobus Van Schoor
18 November 2018
1.12
29 November 2020

Overview

StratBuilder Lite is a grid-trading order management utility which runs on the MetaTrader5 platform. 

This product is also available for the MT4 platform:  https://www.mql5.com/en/market/product/56154

It is strongly suggested that a virtual private server (VPS) be rented from MQL5 and that the setup on the trader’s computer be migrated to the VPS, to allow StratBuilder Lite to run 24/7.

The unique StratBuilder Lite concept: A basket of trades is opened at predetermined price levels (ring-fenced per symbol and trading direction) and profit taking occurs when a targeted percentage profit on account balance is achieved, at which point all positions are closed simultaneously and a new basket of trades is opened. Please select this link to watch an introductory YouTube video: https://www.youtube.com/watch?v=gf5qal1auH8

Indicative (selected) control input parameters are listed below (5 digit broker, 400:1 leverage): 


INPUT

SAMPLE
PARAMETER
FUNCTION
   
      Magic
     number

   
   1
    Trades are tagged, in order to ring-fence the profit for the for the symbol. 
    PLEASE NOTE: 'Magic number'(tag) value needs to be unique for each symbol traded concurrently 
     
     Lotsize
    dynamic
    
           True     If ‘True’, lotsize is determined dynamically as percentage of free margin
       
     Lotsize

            0,7     Fixed lotsize (measured in lots)  OR percentage of free margin to be used per trade

    Stoploss 


             0     Stoploss distance measured in points from price level at which the trade opened
    *a value of ‘0’ will deactivate this control
     
   Takeprofit


             0     Takeprofit distance measured in points from price level at which the trade opened
    *a value of ‘0’ will deactivate this control
 
     Trailing
       stop

             0     Trailing stop distance measured in points from price level at which the trade opened
    *a value of ‘0’ will deactivate this control

     Trading
    direction

     Long + Short
    Trader selects the direction of trading:
    (1) StratBuilder opens BUY trades only (LONG) 
    (2) StratBuilder opens SELL trades only (SHORT) 
    (3) StratBuilder opens both BUY and SELL trades (LONG & SHORT) 


     Isolate
     trading
    direction


          True     If ‘True’, profit on LONG & SHORT trades are calculated separately

      Isolate
      levels

          False    
    If 'True', both a BUY and a SELL trade may be placed at a specific price level (depending on market patterns) - these trades will however not be placed at the
    same time
    Example: a BUY trade may have been placed on a preceding uptrend and a SELL trade may be placed at the same level, on the downtrend when the market
    price subsequently drops back to the same price level 
    If 'False', either a BUY OR SELL trade will be placed at a specific price level (depending on market patterns), but not both
 
 
      Level
   increment 


           200     Number of points between price levels at which trades will open

       Max
      profit


           1,0  
    Targeted percentage profit on account balance at which all positions for the symbol will close, before a new basket of trades is
    opened - a value of ‘0’ will deactivate this control

 
  Max allowed
  Long trades


             2     Long (BUY) trades can be limited to a maximum number of trades - a value of '0' will deactivate this control

  Max allowed
  Short trades


             2     Short (SELL) trades can be limited to a maximum number of trades - a value of '0' will deactivate this control

        Max
         DD

             0  
    Percentage drawdown on account balance (caused by the specific symbol) at which all positions on the symbol will close,
    before a new basket of trades will open - a value of ‘0’ will deactivate this control

   Global Max
       profit 
             1      
    Targeted percentage profit on account balance at which ALL positions on ALL symbols traded concurrently will be closed, before new baskets of trades
    are opened - a value of ‘0’ will deactivate this control
    PLEASE NOTE: This control should only be activated on one of the symbols traded concurrently

     
      Trend
    detection
     enabled

 
           True      If ‘True’, trades are only opened IN the direction of the trend (custom trend indicator)
   
   Show info

           True     The StratBuilder Lite dashboard will appear top left on the symbol chart, if ‘True’ is selected

Whether you are a scalper or a long-term trend trader, StratBuilder offers you a reliable and easy way to automate your grid trading strategy!


7 DAY MONEY BACK GUARANTEE

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: fxea.market@gmail.com.

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

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