OR: Design and back test your own multi-order strategy by applying a unique combination of StratBuilder order management controls
Design your unique multi-order automated algorithmic trading system
without having to program MQL code!
NEW to StratBuilder ? Apply FREE sample strategies
to automate your trading within minutes!!
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StratBuilder runs on both the MT4 & MT5 platforms and is categorised as a utility on the MQL5 market, as it was developed as an order management tool to aid traders in designing their own automated multi-order grid trading strategies.
Sample strategies are supplied however, so trading on your account can be automated within minutes, by applying these semi-automated strategies.
Sample parameter values have been optimised for a 5-digit broker, and specific trading conditions, as specified in our MQL5 blog
Sample strategies are based on the following approach:
- Trading with less than 1% of free margin per trade
- Trades potentially open at predetermined price level increments, but all order entry conditions need to be met, for a trade to be placed
- Trades can be placed in either the LONG or SHORT direction, or both
- Trade (lot) size is determined dynamically, as a percentage of free margin
- When the targeted percentage profit on account balance OR equity is reached, all trades are closed and a new trading session starts (trades are ring fenced separately per direction and symbol, i.e. profit on LONG & SHORT trades on the same symbol, are calculated separately)
- All positions are opened and closed by the StratBuilder software, but user intervention could significantly enhance the result, if done effectively, hence the term 'semi-automated'/ 'assisted' trading
By activating the sample strategy parameters developed for selected symbols, StratBuilder can be utilised as an Expert Advisor (EA) on the MT4 & MT5 platforms (i.e. a semi-automated trading solution)