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Ace Trader EA

Ace Trader EA is an expert advisor designed to optimize forex trades using AI technology. It is developed by the Forex Robot Easy Team and can be found on their website forexroboteasy.com. Please note that ForexRobotEasy is not the official developer of this product. This ReadMe file only provides a sample code that can work as described in the product.

Table of Contents

Description

The Ace Trader EA is a powerful tool for optimizing forex trades. It incorporates various strategies and techniques to generate optimal models, control the market, follow trends, and execute trading logic.

Import Libraries

The code imports the necessary libraries: Trade and Math.

Constants

  • LOSS_FUNCTION: A predefined loss function with a value of 0.01.
  • OPTIMIZATION_STAGES: The number of optimization stages with a value of 5.

Global Variables

  • trendShift: A flag to indicate a trend shift.
  • profitCoefficient: The profit coefficient for each transaction.

AceTraderEA Class

The AceTraderEA class is the main component of the expert advisor. It includes the following functions:

  • GenerateOptimalModel(): This function is responsible for generating an optimal model based on independent data. The actual code for generating the optimal model should be implemented here.
  • ControlMarket(): This function controls the market and sets stop loss orders. The code for controlling the market and setting stop loss orders should be implemented in this function.
  • FollowTrend(): This function follows the trend and exits when a trend shift is likely. The code for following the trend and exiting when a trend shift is likely should be implemented here.
  • IncorporateLimitOrders(): This function incorporates limit orders for trading. The code for incorporating limit orders should be implemented in this function.
  • ExecuteTradingLogic(): This function executes the trading logic. It runs in a continuous loop, executing the trading logic until a trend shift occurs. The code for executing the trading logic should be implemented here.

Main Function

The OnTick() function is the entry point of the expert advisor. It creates an instance of the AceTraderEA class and calls the respective functions in the following order:

  1. GenerateOptimalModel(): Generates the optimal model.
  2. ControlMarket(): Controls the market and sets stop loss orders.
  3. FollowTrend(): Follows the trend and exits when a trend shift is likely.
  4. IncorporateLimitOrders(): Incorporates limit orders for trading.
  5. ExecuteTradingLogic(): Executes the trading logic.

Logical Conclusion

The OnDeinit() function is called when the EA is deinitialized. It prints a success message indicating that the Ace Trader EA has executed successfully.

Installation

To use the Ace Trader EA, follow these steps:

  1. Download the EA from the official developer's website forexroboteasy.com.
  2. Install the EA in your MetaTrader platform.
  3. Attach the EA to a chart and configure the necessary settings.
  4. Start the EA and let it optimize your forex trades using AI technology.

Usage

The Ace Trader EA is designed to optimize forex trades using AI technology. It incorporates various strategies and techniques to generate optimal models, control the market, follow trends, and execute trading logic. It can be used by both beginner and experienced forex traders to enhance their trading performance.

Contributing

Contributions to the Ace Trader EA are welcome. However, please note that ForexRobotEasy is not the official developer of this product. If you wish to contribute to the development of this EA, please contact the official developer through their website forexroboteasy.com.

License

The Ace Trader EA does not include a specific license. However, it is important to respect the rights of the original developer. To find the official developer of this product and inquire about licensing, please use the MQL5 platform.

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