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Anabolic VX Expert Advisor

This is the ReadMe file for the Anabolic VX Expert Advisor, developed by the Forex Robot Easy Team. For detailed reviews and trading results of this product, please visit this link.

Please note that ForexRobotEasy is not the official developer of this product. We are only showcasing a sample code that can work as described in this product. To find the official developer of this product, please use MQL5.

Overview

The Anabolic VX Expert Advisor is designed to trade in the Forex market by utilizing a grid trading strategy. It opens multiple orders in the forecasted trend direction, based on price pullbacks and trend analysis.

Global Variables

  • LotSize: Initial lot size for trading. Default value is 0.01.
  • GridStep: Grid step for the expanding grid of orders. Default value is 10.0.
  • MaxOrders: Maximum number of orders in the grid. Default value is 5.
  • Balance: Account balance.
  • OrdersCount: Number of orders in the grid.

Expert Advisor Functions

OnTick()

This function is called on each tick of the price. It checks for a price pullback, calculates the forecasted trend direction, opens new orders in the forecasted trend direction, and initiates real trading.

IsPullback()

This function implements the logic to check for a price pullback. It should return true if there is a pullback and false otherwise.

ForecastTrendDirection()

This function calculates the forecasted trend direction. It should return 1 for an upward trend and -1 for a downward trend.

CalculateOrderPrice()

This function calculates the order price based on the grid step. It takes the order index and trend direction as parameters and should return the calculated order price.

PlaceVirtualOrder()

This function places a virtual order at the calculated price. It takes the order price as a parameter.

InitiateRealTrading()

This function initiates real trading in the forecasted trend direction. It takes the trend direction as a parameter.

OnInit()

This function is called during the initialization of the expert advisor. It initializes global variables such as Balance and OrdersCount.

OnDeinit(const int reason)

This function is called when the expert advisor is deinitialized. It performs necessary cleanup actions before the expert advisor is deinitialized.

OnError(const int error_code, const string error_msg)

This function is called when an error occurs during the expert advisor execution. It handles errors that may occur during the execution.

OnStop()

This function is called when the expert advisor execution is stopped. It performs necessary actions when the expert advisor execution is stopped.

OnStart()

This function is called to start the expert advisor execution. It calls the OnTick() function to start the execution.

Usage

To use the Anabolic VX Expert Advisor, simply attach it to a chart in MetaTrader and configure the desired parameters such as LotSize, GridStep, and MaxOrders. The expert advisor will then monitor the market for price pullbacks and execute trades based on the forecasted trend direction.

Please note that the functionality and performance of the expert advisor may vary depending on the market conditions and the configuration of the parameters. It is recommended to thoroughly backtest and optimize the expert advisor before using it in a live trading environment.

For more information and support, please refer to the official developer of this product using MQL5.

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