Articles by: David Williams

MetaTrader Expert Advisors Builders by iExpertAdvisor

Build Unlimited, COMPLEX Expert Advisors for Yourself … Without a Programmer AND Without Any MQL Knowledge

Visual Traders Studio, or VTS, is a Free-Range, Unlimited MetaTrader Expert Advisor Builder.

 

VTS is the only EA Builder that grows with you.  VTS offers some really easy-to-use, step-by-step wizards to help you get started. Then, when you are ready for it, VTS offers a drawing pad that lets you drag, drop and connect the elements of your trading strategy in any manner.

  • Easy to Use Wizards Get You Started Fast
  • Easy Drag, Drop and Configure of all MQL Functions
  • Easy Import of Your Custom Indicators

Still, The #1 Reason to Use the VTS MetaTrader Expert Advisor Builder is Because of Our Updates.

 

VTS is updated relentlessly.  All the time.  Some updates are due to changes in the Forex market, others because of changes in the MetaTrader platform (like the Build 600 update), but most changes are suggestions from our thousands of VTS users in over 90 countries world wide.

Don’t get stuck with an EA builder that can’t respond to the fast changing Forex market.

Need More Reasons? No Problem. Here’s Another 18.

(1) With VTS, you drag, drop and connect elements on a drawing pad, then push a button to generate flawless MQL code … Most of us think in terms of diagrams and pictures, so why not build your EA the same way?

(2) Each time you add a new element to your drawing, VTS generates clear-text MQL code … You’re never held up with annoying syntax errors.

 

(3) Once you create something you can use it again and again. Anything you create in VTS is saved in the toolbox where it can be easily reused … Reusing components saves time and helps you avoid careless mistakes.

(4) All well-known technical indicators and your custom indicators are available to drag, drop and connect on the drawing pad … You don’t need to search the MetaTrader documentation to find the available indicators, they’re all in the toolbox.

(5) There’s a handy wizard to help you analyze the output of any custom indicator…

Your Custom Indicators are Used in Your Expert Advisor Just Like Any Other MetaTrader Indicator.

(6) You can find the trend or average value of any indicator with the check of a box … This allows you to use your indicators in unique ways that very few other traders use them.

(7) You can save any EA you’ve created as a template, and then use it as a starting point for your next EA … Save your time and avoid costly mistakes by building your EA on top of a solid and proven foundation.

 

(8) You can easily set your stoploss and takeprofit to any value, including indicators or price values – for example the lowest price of the last candle …

… Remember, Uncommon Stoploss Values are Less Likely to be HUNTED!

(9) You can apply global time-based rules, to stop or start trading at specific days and times… This makes it easy for you to avoid trading in dangerously quiet markets.

 

(10) By simply checking a box, any element on your drawing writes its latest value directly onto your MetaTrader price chart … There is simply no better way to understand how your EA works than to watch these messages as your EA runs.

(11) You can add snippets of MQL code anywhere on your drawing … this is the ultimate work-around to solve any problem.

(12) You create a cross-over strategy by selecting a single menu option.

 

… and the VTS EA Builder is Extendable

(13) VTS supports Plug-ins. A VTS Plug-in allows you to easily implement advanced trading techniques using an add-on user interface.

 

(14) Identify over 50 Candlestick patterns … Open and close your trades based on some well-known and some not-so-well-known candlestick patterns.

(15) Stop all trading when a specified profit level is reached … Take your money and run! Don’t risk losing after you’ve already banked your profit for the day.

 

(16) Send an email over a secure connection (this is not easy to do in MQL) … Get an email when your trades open and close, or when your account balance changes. You can even attach a screenshot of a price chart to your email.

(17) Automatically build an EA in an unlimited number of MetaTrader platforms … Don’t we all have a bunch of MetaTrader platforms installed these days? I know I do.

 

(18) Create a fully functioning Trading Grid with a few clicks of your mouse … Trading Grids are super-powerful. Build and customize your own grid in minutes.

And these are just some of the features available in our latest release of the VTS EA Builder.

Watch this Video to See an Overview of the VTS Expert Advisor Builder

And Remember, Your Expert Advisors, Your Strategies, Your Secrets, are Secure, Because VTS is Installed Locally and Only You Have Access to the EA And the Clear-Text, Fully-Editable MQL Code.

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iExpertAdvisor Money Back Guarantee

Unconditional, 30-day Money Back Guarantee

I personally create all of my own software products and I stand behind them. I offer a 30-day, no-questions-asked money back guarantee on every product.

 

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Forex Profit Exits Plug-in for MT4 EA Builder

Forex Profit Exits Plug-in for MT4 Expert Advisor Builder: Trade Exits Designed to Squeeze Every PIP from Your EA’s Profitable Trades

The Profit Exits Plug-in allows you to quickly and easily add advanced exits to your Expert Advisors.

Money is made, or lost, ONLY when a trade is closed.  That’s why it’s important that you run your best possible exit strategy for every market condition.

This Plug-in includes 6 advanced exit strategies that you can configure in literally hundreds of ways.

As you may know, my Expert Advisor Builder (Visual Traders Studio) is a free-range, drag and drop EA builder. VTS generates MQL code from the drawings that you create.

Forex Profit Exit Plug-in

What are the Advanced Exit Strategies?

  • ATR EXIT: This exit strategy uses the Average True Range indicator to trail an open position. You just define the period and the multiple of the ATR, VTS does the rest.   Great for short-term trending markets.
  • CHANNEL EXIT: This exit strategy uses the high or low of the past 24 candles, or any number of candles actually.  You set the start and end of the channel and VTS builds an EA that will close your trade when any price touches the outside of the channel. Good for protecting your profit in a range-bound market that may break out.  (Like when news is released) 
  • CHANDELIER EXIT: The strategy hangs a stoploss above or below the high or low since your trade was opened.  Very powerful, used by the well-known futures trader Chuck Lebeau. Great for a trending market. 
  • BREAKEVEN EXIT:  Move your stop to break-even as soon as you can.  This strategy allows you to define how many pips of profit you need before moving the stoploss so that you are guaranteed to not lose money on a profitable trade ever again! (Don’t let this happen to you.) This simple strategy can cut your overall trading loses significantly. BAR EXIT:  The best way to test your trade entries.  This strategy closes a trade after it has been open for any number of bars.  With this test you can quickly see if your trade entries are any good.  You can also use this exit to close any trade that has been open too long.
  • TRAILING EXIT: The classic trailing stop. Set the value to trail at and VTS builds your EA with the powerful, classic trailing stop.

Are The Profit Exits Easy to Use in Your Expert Advisor?

The Profit Exit functions are very easy to use:  Just drag, drop and connect.  Each function has a custom user-interface to make configuration easy for you.

MT Expert Advisor Builder Forex Profit Exits Plug-in Breakeven

The Real Power of Advanced Exits in Your EA

The real power of these advanced exits is that you can combine them.  How? Well, there are lots of creative ways.  For example, you start a trade with a Channel strategy and then change to the Chandelier strategy after some profit has been realized.  Or you change the exit strategy based on how the market is behaving. By the way, the RSI is a great indicator for determining if the market is over or under sold.  And of course, you use the Breakeven strategy to make sure you never again lose money on a trade that was profitable.

The point is, there are an infinite number of ways to combine these strategies using VTS.  VTS is just a tool, but with your creativity you can build almost any Expert Advisor.

MT Expert Advisor Builder Forex Profit Exits Plug-in

Want more details?  Click here to see to the full documentation

Like All of my products, the Forex Profit Exits Plug-in comes with Two Promises

1. Free Lifetime Updates: I’m always on the look-out for new Exit Strategies. When I add new exits to the Profit Exit Plug-in, you’ll receive them free of charge. Life Time Guarantee
iExpertAdvisor 30-day Money back 2. I personally create all of my own software products and I stand behind them. I offer a 30-day, no-questions-asked money back guarantee on every product.


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