If you're looking to automate a well-crafted trading strategy, or just want to save time in your trading routine, you’re in the right place!
Introducing LegoEA: Your Free Solution!
Author: Mostly me, but the original version 1 comes from Seletsky R.V. I don’t own the rights to the original, but you can find it on MQL4.
Manual: Inside, you'll find all the code is thoroughly commented for your understanding.
Images:
None provided here. You’ll need to have your own strategy in mind.
While I don’t have a perfect strategy to share, I can work with a simple one if needed.
Key Features:
- 16 Indicators: Includes 2MA, MACD Signal, WPR, Stoch, OsMA, and more.
- Custom Indicators: Up to 16 custom indicators available.
- Flexible Code: Ideal for those who may not be coding wizards but can edit scripts by following examples.
- Money Management: You’re in control.
- ATR: Acts as an independent closer.
The best part? It’s a fantastic way to learn coding rules, even if you’re not a programmer yet!
Coming Soon in v4:
- Split Exit: Perfect for closing positions in halves as part of your money management strategy.
- Trailing Stops: A simple yet essential feature that many traders need. I’m still getting my head around how it works, so I might need an example!
- New Custom Indicators: Already defined and fine-tuned.
- Bundled Strategies: More tools for your trading arsenal.
- Potential Templates: Possibly coming soon!
Bonuses:
You can leverage this tool to generate income by selling your tuned advisor as a black box (compiled code, no externals). Plus, feel free to write your own code snippets—I’d love to see newer versions through anonymous contributions!
Weaknesses:
- It’s a bit unconventional. Some traders might find it easier to start from scratch.
- Requires some coding knowledge. Different terms for indicators mean you need to define them each time you create a new strategy.
- Not a plug-and-play solution just yet.
- Backtesting can be slow. Don’t hesitate to take the plunge, though—this tool is free and simple to customize for your needs!
Summary:
If you're in the market for a “Lego kit” for your trading, this could be a great fit. But if you’re a perfectionist, you might want to hold off until the next version (and I could really use some help!).
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