PriceTracker is a very rapidly developing project with a huge set of strategies and various trading logics. This is a robot that:
- does not use indicators,
- no need to optimize,
- there is no need to select parameters and adjust them to the history,
- trades in different styles and strategies
- it can trade any currency pair, and any trading instrument.
We all know that the classics of any trade are Support and Resistance lines, breaking through or starting from which financial instruments begin to move intensively and most trading systems are built on this. There are no difficulties in PriceTracker, just choose the boundaries within which the Expert Advisor determines the Support and Resistance lines and, depending on the chosen Logic, interacts with these data and determines the necessary points to enter the market. Parameters responsible for the boundaries for the calculation:
Hours__SUP_RES__start
Hours__SUP_RES__stop
That is, the interval at which PriceTracker finds Support and Resistance lines is determined. Hours__SUP_RES__start is the start (the farthest bar from the current price), and the value is calculated from the sum: Hours__SUP_RES__start Hours__SUP_RES_ _ stop. Hours__SUP_RES_ _ stop is the end of the border (the nearest bar from the current price). Some Logics use several Support and Resistance lines, which are calculated in a longer period, but based on these values.
The Expert Advisor also has a volatility filter implemented to avoid false calculations in a low-volatile market. It is calculated as the difference between the main Support and Resistance lines. This is the parameter (in pips):
Volatility_filter
We have already prepared 25 sets (for EURUSD), which you can use right now. Download, test and choose your best trading strategy. You can download the kits here in the Comments tab. The list of sets will be updated. Starting from version 3.5, all sets are integrated directly into the Expert Advisor code, and you can select the desired set directly in the settings (parameter: CHOOSE_redy_made_PRESET). All that remains to be done is to choose the optimal risk for you (parameter: Risk_value) and THAT’S IT!
Moreover:
VERY IMPORTANT! Structurally, PriceTracker allows you to implement absolutely any additional trading logic without changing or deleting those that already work. That is, there is an opportunity to implement your personal idea/logic/trading system (to enter the market) and use all the features and built-in strategies of PriceTracker. And, thus, together we will further expand the capabilities of PriceTracker by filling it with a variety of trading ideas. Just contact me, describe your idea and, with positive tests, I will simply implement it in PriceTrackeras a separate Logic.
By default, PriceTracker uses the H1 timeframe, and this timeframe is written inside the code to protect against accidental installation of the Expert Advisor on an erroneous chart.
If you want to use any time frame, and/or test PriceTracker using different timeframes, then disable this parameter:
Activate_wrong_TimeFrame_protection = false
.
[spoiler title=”Read More…”]
Hours__SUP_RES__start
Hours__SUP_RES__stop
Hours__SUP_RES__start
Hours__SUP_RES__stop
That is, the interval at which PriceTracker finds Support and Resistance lines is determined. Hours__SUP_RES__start is the start (the farthest bar from the current price), and the value is calculated from the sum: Hours__SUP_RES__start Hours__SUP_RES_ _ stop. Hours__SUP_RES_ _ stop is the end of the border (the nearest bar from the current price). Some Logics use several Support and Resistance lines, which are calculated in a longer period, but based on these values.
The Expert Advisor also has a volatility filter implemented to avoid false calculations in a low-volatile market. It is calculated as the difference between the main Support and Resistance lines. This is the parameter (in pips):
Volatility_filter
Volatility_filter
We have already prepared 25 sets (for EURUSD), which you can use right now. Download, test and choose your best trading strategy. You can download the kits here in the Comments tab. The list of sets will be updated. Starting from version 3.5, all sets are integrated directly into the Expert Advisor code, and you can select the desired set directly in the settings (parameter: CHOOSE_redy_made_PRESET). All that remains to be done is to choose the optimal risk for you (parameter: Risk_value) and THAT’S IT!
Moreover:
VERY IMPORTANT! Structurally, PriceTracker allows you to implement absolutely any additional trading logic without changing or deleting those that already work. That is, there is an opportunity to implement your personal idea/logic/trading system (to enter the market) and use all the features and built-in strategies of PriceTracker. And, thus, together we will further expand the capabilities of PriceTracker by filling it with a variety of trading ideas. Just contact me, describe your idea and, with positive tests, I will simply implement it in PriceTrackeras a separate Logic.
VERY IMPORTANT! Structurally, PriceTracker allows you to implement absolutely any additional trading logic without changing or deleting those that already work. That is, there is an opportunity to implement your personal idea/logic/trading system (to enter the market) and use all the features and built-in strategies of PriceTracker. And, thus, together we will further expand the capabilities of PriceTracker by filling it with a variety of trading ideas. Just contact me, describe your idea and, with positive tests, I will simply implement it in PriceTrackeras a separate Logic.
By default, PriceTracker uses the H1 timeframe, and this timeframe is written inside the code to protect against accidental installation of the Expert Advisor on an erroneous chart.
If you want to use any time frame, and/or test PriceTracker using different timeframes, then disable this parameter:
Activate_wrong_TimeFrame_protection = false
Activate_wrong_TimeFrame_protection = false
.
[/spoiler]