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extra features which can improve your forex robot .pdf

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I would like to introduce several extra features which can improve your forex robot (expert
advisor) performance.


News Filter

This filter will help you to prevent trading during news period, when price movement is chaotic
unpredictable. Forex robot will load news from forex factory website in fully automated mode
and stop trading in the time period specified by you. Filter can also close all open trades in
specified period.
Filter has external parameters:

LoadNews = true;

StopNewTradesOnNews = true; Stop trading during news period

CloseOpenedTradesOnNews = true; Close all open trades during news period

SymbolsFilter.On = true; Filter forex news by currency

SymbolsFilter = "EUR,USD";

IncludeHigh = true; show news with high impact

IncludeMedium = true; show news with medium impact

IncludeLow = false; show news with low impact

IgnoreFilter.On = true; Ignore some type of news

IgnoreFilter = "holiday,speaks,tentative";

News.HighLightPrior.mi = 10; period before news realize

News.HighLightAfter.mi = 45; period after news realize

cost: $190

Neural Net Filter

This filter based on our neural net library – multi layer back backpropagation neural network.
You can read more about backpropagation neural network here:

This filter analyzes all profitable and losing orders (bars before order) on historical data,
identifies implicit connections, and creates rules. Then filter will prevent to open orders, when a
combination of a bar before the order does not satisfy the winning rules. This is a simple
explanation of the neural net filter. In reality the algorithm of the filter is very complex and its
understanding requires special knowledge.
cost: $1100
Warning: you will be able to use this filter only on two computers, because we have protected
neural net dll.

Trading days filter

This filter allows you to restrict or allow trading for each day of the week. This filter can
improve scalping and intraday strategies. For example scalping strategies work not so good on
Monday and Friday, because a lot of traders open the positions on Monday and close on
Possibility to define work days of the week example:
extern bool MondayOn = true;
extern bool TuesdayOn = true;
extern bool WednesdayOn = true;
extern bool ThursdayOn = true;
extern bool FridayOn = false;
extern bool SaturdayOn = false;
extern bool SundayOn = false;
cost $45

Trading time filter

This filter allows you to allow trades only during selected time period. This filter very useful for
scalping strategies.
Trade time to open order from hh:mm to hh:mm
example: from 6:30 to 22:45 by ServerTime
cost $55

Money Management options
Money management is the most important part of any trading system, and surprisingly, few
traders understand how valuable a tool it truly is. Put simply, money management is the
money you are going to put on a single trade and, conversely, the amount of risk you are
willing to take for this trade. There are lots and lots of money management strategies

(likely, as many as there are financial strategists) but they all have one central theme:
preventing high risk exposure.
1. Dynamic lot calculation
a) as percent of Account Balance
b) as percent of Accout Equity
c) as percent of Account FreeMargin

So on increase of Account Balance/Equity/FreeMargin the lot size will growth too
cost $65

2. Dynamic lot calculation with RiskPcnt option

You will enter an initial risk % of equity you can loose if StopLoss is triggered.
So if StopLoss = 50 pips, AccoutnEquity = 5000 and RiskPcnt = 10.0
then you will pay only 500$ on StopLoss.
cost $65

3. Dynamic lot calculation by Martingale theory.
New lot will be multiplied by 2.0 (LotFactor = 2.0 is external parameter)
if previous lot was closed in loss.
MaxLot of series will be second external parameter.
cost $95

Trailing Stop Loss and Breakeven function
We offer different kind of trailing stops. It is very difficult to determine which one will be
better for your strategy. Major strategies can be improved with ATR Trailing stop

Standard Trailing: simple trailing, stoploss follows by the market
cost $45

• High/Low Trailing: trailing by bars High/Low
cost $45
• ATR Trailing: trailing by ATR indicator
cost $45
• Fractals Trailing: trailing by Fractals
cost $45
• PSAR Trailing: trailing by Parabolic Stop And Reverse indicator
cost $45
• ProfitPcnt Trailing: trailing with lock of some pcnt of max. profit reached
cost $45

TLine Trailing: trailing by some TrendLine added manual on the chart

cost $45

MA Trailing: trailing by MovingAverage indicator

cost $45

Breakeven function
Moves StopLoss to breakeven level when trade is in profit by X pips
cost $45

Other Features

Support of Market Execution (required for ECN brokers)

Open operation will be splitted into 2 parts:

a) Open new order with 0 (zero) stoploss and 0 (zero) takeprofit
b) Modify sl and tp of new order to actual values
cost $55

Make StopLoss, TakeProfit, TrailingStop hidden to brokers

In this case EA will manage Hidden (or invisible) stops
Standard (or visible) stops will be available too
cost $160

If you would like to add one or several extra features to your expert advisor, please send your
expert advisor (mq4 file) via email: coding@iticsoftware.com
If you would like to programming expert advisor or indicator on MQ4, or MQ5, or JForex
(DukasCopy), please send your detailed description via email: coding@iticsoftware.com

Expert Advisors, Indicators, MT4 Tools http://iticsoftware.com
MT4 Copier http://multiterminal.net
Elliott Indicator http://elliottindicator.com

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