Trading utilities for MetaTrader 5

Strategy Builder Lite

strategy-builder-lite-logo-200x200-4182
340.00 USD238.00 USD

Free updates are included

We Accept:

We guarantee that all our
products are 100% authentic

Information

Utilities
MetaTrader 5
5
Jacobus Van Schoor
18 November 2018
1.8
2 October 2020

Overview

StratBuilder Lite is a grid-trading order management utility which runs on the MetaTrader5 platform. The following options can be selected from:

  • Trading LONG only
  • Trading SHORT only 
  • Trading both LONG & SHORT  

This product is the Lite version of the MT4 Strategy Builder order management utility: https://www.mql5.com/en/market/product/15328

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

The input values below can be used as sample strategy to trade the EURUSD or USDJPY pairs (5 digit brokers, 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

    Slippage 


            50     Number of points allowed for slippage (e.g. trade allowed to open up to 50 points from targeted price level)

     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

           True    
    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


            0,7  
    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

   
   Close both
   directions

           True     If 'True', trades in both directions will close when either the BUY OR SELL 'baskets' reach the targeted % profit on account balance

        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 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

   
   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: [email protected].

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

Email Us Now! Support is available 24/7
by Email: [email protected]

Do You Need Help?
Click Here To Start Live Chat

Contact Us

Copyright © 2020 EA-Trade.pro. All rights reserved. Terms and conditions | Privacy policy     We speak your language EN|CN|DE|ES|RU

RISK WARNING: ea-trade.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

Search