Swing Strategy Builder for MT5 is a flexible MT-5 Expert Advisor configurable to different trading systems for swing trading. This EA is an open toolbox, enabling the transparent development, testing and automated execution of market specific trading strategies.
Advantages:
- Transparent strategy, no black box
- Time saving, because trading strategies can be tested with the MT5 Strategy Tester and the Strategy Builder EA
- No costs for individual EA development
Key characteristics:
- Support of multiple candle and price movement patterns for trade entry
- Trade exit based on profit target and/or candle and price movement patterns
- Support of low risk, single trade risk management with defined risk and exit levels
- Support of high-risk grid and martingale techniques
- Overarching trend checks to minimize wrong market entries
- Open parameters to tune pattern and trend detection algorithms
- No restriction to specific symbols, markets, and time frames
Parameter Groups:
- Risk Management
- Entry Strategy
- Exit Strategy
- Exit Money Management
- Trend Check
- General
Documentation, application examples and set files: https://www.mql5.com/en/blogs/post/751353
