The True Range Engine MT5 is a trading system developed by the Forex Robot Easy Team. This system aims to provide stable and low-risk performance or ultra-high performance based on position volume. It utilizes the concept of True Range to identify market volatility and make informed trading decisions.
- Dynamic order grid system with risk percentage management
- Default lot size and maximum number of open positions can be customized
- Night session trading based on specified start and end hours
- Machine learning techniques to modify indicators
- Enter the forex market and open positions based on modified indicators
- Risk management strategies to protect against adverse price movements
- Enhanced system performance with active orders
- Performance mode options to offer stable and low-risk performance or ultra-high performance based on position volume
To use the True Range Engine MT5, you need to include the necessary libraries and indicators. Modify the input parameters to suit your trading preferences, such as risk percentage, lot size, maximum positions, and trading hours. Implement your custom logic in the provided functions to modify indicators, enter the market, manage risks, enhance performance with active orders, and offer different performance modes.
Please note that Forex Robot Easy is not the official developer of this product. We only provide this sample code to demonstrate how the True Range Engine MT5 can work as described in the product. For detailed reviews and trading results, please visit the official developer's site. To find the official developer of this product, please use MQL5.
The True Range Engine MT5 provides a basic framework for a trading system that utilizes the True Range concept to make informed trading decisions. It offers customization options for risk management, lot size, and trading hours. The provided functions can be modified and enhanced to suit specific trading strategies and performance requirements. For detailed information and official support, please refer to the official developer's site.