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.

Robotrade MTF is a new tool that improves trading performance, thanks to a new graphical interface.

• Now it is possible to view in the “mini charts®“, the robotrade trend and the take profit level in real time, in the higher time frames!.
• Now you can know at any moment if the trend you are following on your time frame is trending or against the trend of the higher time frames

INSTRUCTIONS

COLUMN DATA:

• TF: time frame
• PERIOD: The best period detected
• PROFIT : Accumulated profit
• TRADE   : number of trades occurred
• GET%     : rate of successful trades
• TREND  : actual robotrade’s trend
• TARGET: on the right there are number of points/pips to reach take profit, on the left there are simbols which indicate if the target has already been reached , or  if  it has not yet  been reached.

In prorealtime, the multi time frame function provides that only the upper time frames can be displayed, since the data of the higher time frames are not available.

To obtain the data of the higher timeframes it is necessary to load on the chart a number of historical bars at least equal to the number of bars necessary to contain the data of the candlesticks of the higher timeframes.

This is technically mandatory to obtain the required data to give signals by codes. Without these datas, no signals, so please follow the above instructions. 

SETTING INTERFACE:

The settings are separate for each time frame. To differentiate it the abbreviation of the time frame has been added at the end of the name: m5, m15, m30, 1h, 4h

I used the m5 setting to explain the settings in this example:

• ActiveM5: activation of robotrade on the “5 minutes” timeframe
• TPFm5 = TargetProfitFactor: Increase distance of takeprofit (Mode 1. below)
• TPOm5 = TargetProfitOption:
  • Mode: Use takeprofit based on ATR * TargetProfitFactor
  • Mode: Use takeprofit at trend change only
• MiOPm5 = MinOptimizedPeriod: Minimum period for the optimization the Robot will perform
• MaOPm5 = MaxOptimizedPeriod: Maximum period for the optimization the Robot will perform
• SFPm5 = SetFixedPeriod: Set the period of the Robotrade (Turn off the auto-optimization)
• FPm5 = FixedPeriod: Period of the Robotrade
• IHm5 = IntradayHistory: It optimized only in intraday history
• MaHm5 = MaxHistory: Historical bars that the Robot uses for optimization
• MTm5 = MaType: Choose the type of moving average used for the calculation of the trend algorithm

UPDATE RELEASED:

The following variables have been added to the interface:

1. Yoffset: Move the table on the Y axis, (up / down)
2. Xoffset: Move the table on the X axis, (left/ right)

HOW TO ADD INDICATOR ON PRICE CHART:

HOW TO SET SCALE OF PRICECHART:

What is RoboTrade MTF and how can it helps you?

• View robotrade on higher time frames in real time in the “mini charts®“
• Plots higher time frame targets
• Compatible with all instruments
• Compatible with time frames from 1 minute to 4 hours
• We offer for free the SCREENER once you have bought this product.
• We offer for free the INDICATOR  once you have bought this product.

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

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

*** LICENSE INCLUDES: LIFETIME USE AND ALL UPDATES ***