RoboTrade, is an indicator that embed an Artificial Intelligence, able to adapt the settings of the trend indicator to the current instrument, to maximize your profits.
The indicator automatically finds and select the settings by evaluating the highest attainable profit, thanks to its auto-optimization algorithm. So you are always sure to use the best settings at the right moment.
User’s Interface of Robotrade
TargetProfitFactor: Increase distance of takeprofit (Mode 1. below)
Mode: Use takeprofit based on ATR * TargetProfitFactor
Mode: Use takeprofit at trend change only
MinOptimizedPeriod: Minimum period for the optimization the Robot will perform
MaxOptimizedPeriod: Maximum period for the optimization the Robot will perform
SetFixedPeriod: Set the period of the Robotrade (Turn off the auto-optimization)
FixedPeriod: Period of the Robotrade
IntradayHistory: It optimized only in intraday history
MaxHistory:Historical bars that the Robot uses for optimization
ShowInfo: It plots on the last candle the PnL (Profit and Loss) of the Robot for the best setting found
ShowHitTarget: Show visually when takeprofit have been achieved (see image “Hit target ” below)
View: Type of view : Channel or Line
Alpha: Transparency of the Channel
Matype: Choose the type of moving average used for the calculation of the trend algorithm
Applicateto: MaType applicate to: Open, Close, Max, Min, Typical, Weighted, Average, Total
HOW TO APPLY ROBOTRADE ON THE CHART
RoboTrade is an auto-optimization algorithm to define the best settings, once these are determined the user can switch to this best setting to get it fixed.
This work exactly the same as doing a strategy optimization, here it is included in the indicator!
Due to its continuous self-optimization, the values of the indicator could change with each new candle, since each candle is new data that the algorithm will consider in its analysis.
To keep the parameters detected by the RoboTrade optimization, switch to “fixed period” mode and choose the period that the robot will have detected for you.
When you are not in position anymore, restart the RoboTrade optimization by unchecking “fixed period” and so on 🙂
The robot recalculates the best setting for each new candle. if the “best period” detected satisfies you, you can stop the automatic optimization, setting the variables “SetFixedPeriod” and “FixedPeriod”with the same value indicated with “Best Period” which appears if you select “ShowInfo” on the interface, while the auto optimization is working.
HOW TO SET FIXED PERIOD :
HOW TO SET ALERT:
Set Alert DownSide Signal
Set Alert UpSide Signal
HOW TO SET SCALE OF PRICECHART:
What is RoboTrade and how can it helps you?
No more complex settings to find the best ones for the current market or timeframe, it finds them for you!
The indicator automatically calculate the best settings to maximize your profit
Compatible with all instruments and all timeframes available in ProRealTime
Detect market changes and recalculate the best settings only when it is necessary
Plots takeprofit levels on the chart
*** LICENSE INCLUDES: LIFETIME USE AND ALL UPDATES ***
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