This code is a sample implementation of the Market Structure Forex Software, developed by the Forex Robot Easy Team. It is designed to execute trades in the Forex market based on certain conditions and update trade information on a chart.
The code includes necessary libraries for trading and charting. It defines variables for tracking the last trade time, price, and volume, as well as variables for stop loss and take profit levels.
It initializes a trade object and chart objects for displaying trade information, stop loss, and take profit levels on the chart.
The ExecuteTrade function is responsible for executing trades. It takes the price, volume, and order type as parameters. It uses the Buy or Sell methods of the trade object to execute the trade with the specified parameters. If the trade is successful, it updates the last trade information. If the trade fails, it prints an error message.
The UpdateTradeInfoOnChart function updates the trade information text on the chart. It constructs a string with the last trade time, price, and volume and assigns it to the tradeInfoText object.
The UpdateStopLossTakeProfitOnChart function updates the stop loss and take profit levels text on the chart. It assigns the stop loss and take profit levels to the stopLossText and takeProfitText objects, respectively.
The OnInit function is called during the initialization of the code. It creates the chart objects for displaying trade information, stop loss, and take profit levels.
The OnDeinit function is called during the deinitialization of the code. It deletes the chart objects.
The OnStart function is the main entry point of the code. It sets the stop loss and take profit levels based on the current Ask price. It then executes a trade with a volume of 0.1 and a buy order type. After executing the trade, it updates the trade information and stop loss/take profit levels on the chart.
The Market Structure Forex Software is a powerful tool developed by the Forex Robot Easy Team. It is designed to automate trading in the Forex market based on market structure analysis.
With this software, traders can easily execute trades with predefined stop loss and take profit levels. The software utilizes advanced algorithms to identify market structure patterns and execute trades accordingly. It provides real-time updates on trade information, including the last trade time, price, and volume.
The software comes with a user-friendly interface that allows traders to easily configure their trading parameters and monitor their trades. It is compatible with popular trading platforms and can be easily integrated into existing trading systems.
Please note that ForexRobotEasy is not the official developer of this product. We are simply showcasing a sample code that demonstrates how the Market Structure Forex Software can work. For detailed reviews and trading results of this product, please visit the official developer's website at forexroboteasy.com. To find the official developer of this product, please use MQL5.