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RoboTrade

RoboTrade finds the best settings to ease your trading!

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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 ***

This product works in any Futures, Forex or Stock/ETF Markets

Description

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

  1. TargetProfitFactor: Increase distance of takeprofit (Mode 1. below)
  2. TargetProfitOption:
    1. Mode: Use takeprofit based on ATR * TargetProfitFactor
    2. Mode: Use takeprofit at trend change only
  3. MinOptimizedPeriod: Minimum period for the optimization the Robot will perform
  4. MaxOptimizedPeriod: Maximum period for the optimization the Robot will perform
  5. SetFixedPeriod: Set the period of the Robotrade (Turn off the auto-optimization)
  6. FixedPeriod: Period of the Robotrade
  7. IntradayHistory: It optimized only in intraday history
  8. MaxHistory:Historical bars that the Robot uses for optimization
  9. ShowInfo: It plots on the last candle the PnL (Profit and Loss) of the Robot for the best setting found
  10. ShowHitTarget: Show visually when takeprofit have been achieved (see image “Hit target ” below)
  11. View: Type of view : Channel or Line
  12. Alpha: Transparency of the Channel
  13. Matype: Choose the type of moving average used for the calculation of the trend algorithm
  14. Applicate to: 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:

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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