Expert Advisor Visual Wizard Overview
Expert Advisor Visual Wizard for MetaTrader 5 provides a visual environment for the design of expert advisors and forex signals. No coding, programming or MQL 5 knowledge is required. The visual approach eliminates the need to write MQL 5 code. Trading diagrams are analyzed automatically by Molanis' MQL 5 code generator that transforms them into expert advisors.
Features and Benefits
- Create expert advisors in MQL5 without writing any code
- Use technical analysis to create your trading rules (or trading conditions):
-You can use any indicator that comes with the MetaTrader 5 installation to create your EA
-Or you can use any well written custom indicator for MT5 to create your EAs
- Money Management: Lot size can be set using a maximum percentage at risk per trade
Lot management reduces the lot size after one or more consecutive losses. The reduction factor depends on a fix percentage (25% steps) or a equation
- Create multi-time frame, multi-currency EAs
- MetaTrader 5 variables for stops and limits are created automatically to be used to test, optimize, and backtest your expert advisor
- EA can trade using bars or ticks
- 4 and 5 digits management
- Trading strategies can be transformed in forex signals with a single click
- Forex signals show alerts in the screen with sounds or send emails
- Time filter option to make sure your Expert Advisor trades during certain hours
- ECN and Boston Technologies compatible: EAs can be setup to send the opening order first and then the stops which is required by ECNs.
- Gives you control on the maximum open volume per currency pair
- Error management: EAs retry order execution when server errors are detected
Download the best expert advisor builder for MetaTrader 5 right now!