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Finance Craft mt4

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The bot Finance Craft is suitable for everyone who was looking for a universal scalpel but can not stop at a specific product because in all of them he notices shortcomings or does not understand the trading strategy. For those who are included in this category of searchers, there is good news – this bot is for you! In the description provided below, only essential information will be provided, and nothing superfluous. The first important point is that the bot works on both Netting and Hedging account types. There is also a version for MT5.
For everyone who wants to buy the version for both MT5 and MT4, a 50% discount on the second bot will be provided.
Additional description in the first product discussion post, also optimization files.

For an example of how to conduct testing, see the screenshot!

Recommendations for testing. 

For an example of how to conduct testing, see the screenshot!

For an example of how to conduct testing, see the screenshot!

Recommendations for testing. 

It is necessary to test the bot on all ticks. The MT5 meta trader also developed testing on real ticks, but you need to understand that real ticks are collected as average for the market, they are not at all necessary for a scalpel-type bot, that is, we select a special broker with a specially low spread, and it is suitable for work but not as an average, which is only suitable for testing trend bots! That is, testing on real ticks (with an average historical spread) is not suitable for this development in any way! For fanatics of real ticks, an optimization file will be provided with which you can optimize on real ticks and work on the principle of optimize 90% and work 10% of the time, as mentioned above for environments unfavorable for the bot.

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About the principle of the bot. 

This bot is an expert scalpel type, which means first of all high performance. In order to ensure high performance, a simple and effective principle of entering the market was chosen. The Expert Advisor forms a channel on the selected timeframe. When the purchase price breaks below this channel (that is, when the price is in a favorable place for us), a pending purchase order is placed. A sell order is placed in the same way when the channel breaks in the other direction. When generating the signal, the level of both the instantaneous and average spread for the last 30 ticks is taken into account, so the input is carried out only at the time of the minimum spread! The next important point is to analyze the market volatility and match the signal according to the acceptable value of the volatility. There are two possible pending orders at the same time, one for buying and the other for selling, and the bot always opens only one order in one direction, that is, there is no accumulation of orders and no grids or martingale. One order in one direction with short stops. After a pending order is placed (or two orders in different directions), the expert Advisor is able to trace this order, that is, if the sale level falls below the middle of the channel, the expert advisor will trace the pending order, so that when the latter is triggered, there are better conditions for the strategy. That is, there is a very effective trailing of pending orders. If the price rises significantly above the channel, the pending order will be removed according to the strategy and there will be an expectation of new favorable conditions. Let’s consider a situation when an order still moves from a pending order to a market order. After the transition of the order to this state, the expert advisor is able to trace its stops when the price moves in the direction of the profitability of the order. And all that can happen next is the triggering of a stop loss or take profit. After that, a new order is expected and so on in a circle. Therefore, the strategy is simple, but well-thought-out and effective in terms of technical implementation and taking into account all possible points for the correct operation of the scalpel-type bot. Another important point is that the bot is able to respond to various abnormal situations that arise in the market. The bot has excellent lot control depending on the deposit, if trading with automated money management is activated. The bot also correctly sets the waiting timings, requotes, repeated attempts to place an order or, if necessary, close it, and so on.

This bot is an expert scalpel type, which means first of all high performance. In order to ensure high performance, a simple and effective principle of entering the market was chosen. The Expert Advisor forms a channel on the selected timeframe. When the purchase price breaks below this channel (that is, when the price is in a favorable place for us), a pending purchase order is placed. A sell order is placed in the same way when the channel breaks in the other direction. When generating the signal, the level of both the instantaneous and average spread for the last 30 ticks is taken into account, so the input is carried out only at the time of the minimum spread! The next important point is to analyze the market volatility and match the signal according to the acceptable value of the volatility. There are two possible pending orders at the same time, one for buying and the other for selling, and the bot always opens only one order in one direction, that is, there is no accumulation of orders and no grids or martingale. One order in one direction with short stops. After a pending order is placed (or two orders in different directions), the expert Advisor is able to trace this order, that is, if the sale level falls below the middle of the channel, the expert advisor will trace the pending order, so that when the latter is triggered, there are better conditions for the strategy. That is, there is a very effective trailing of pending orders. If the price rises significantly above the channel, the pending order will be removed according to the strategy and there will be an expectation of new favorable conditions. Let’s consider a situation when an order still moves from a pending order to a market order. After the transition of the order to this state, the expert advisor is able to trace its stops when the price moves in the direction of the profitability of the order. And all that can happen next is the triggering of a stop loss or take profit. After that, a new order is expected and so on in a circle. Therefore, the strategy is simple, but well-thought-out and effective in terms of technical implementation and taking into account all possible points for the correct operation of the scalpel-type bot. Another important point is that the bot is able to respond to various abnormal situations that arise in the market. The bot has excellent lot control depending on the deposit, if trading with automated money management is activated. The bot also correctly sets the waiting timings, requotes, repeated attempts to place an order or, if necessary, close it, and so on.

Happy bidding!

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