Constructor MT5

With the rapid advancement in technology, Forex trading has evolved significantly, and so have the tools for conducting trade. Constructor MT5 is a prime example of this evolution. This advanced Forex software, built with four expert advisors, is designed to streamline the trading process.

Unique Features of Constructor MT5

Constructor MT5 stands out with its four separate Expert Advisors, each equipped with a unique trading strategy. These include bar trading, trading with iEnvelopes and iSAR indicators, trading with the iMA indicator, and trading with the iIchimoku indicator.

These strategies function independently, allowing traders to separately choose lot calculation from seven different options, closing positions with five main options and additional ones, and trade with up to 10 different currency pairs. The software also offers other advanced options, enhancing its overall functionality.

Input Data and Testing

For the optimal use of Constructor MT5, input data for the strategies is crucial. Users are advised to register symbol names of the broker’s currency pairs completely in the input data, especially if they contain suffixes or prefixes. For instance, for the broker “Roboforex”, the input data includes Constr_ALot_False.set and Constr_H1_2016.set.

When it comes to testing, it is suggested to select the simulation mode “1_minute_OHLC” to save time and resources. However, after selecting the appropriate setting option, traders should verify the results in the “_Every_tick” mode.

Trading with Constructor MT5

When deploying the advisor on different charts on the same account, it’s important to remember that each next “_Magic_” should be 4 more or less than the existing ones. This is to ensure smooth operation and avoid any potential disruptions.

Constructor MT5 provides numerous advisor options such as enabling or disabling trading strategy (EA-1, EA-2, EA-3, EA-4), setting the minimum number of consecutive bullish or bearish bars to open a position (Total_Bars_to_Open), and determining the minimum total volume of bars to open a position (Size_Bars_to_Open).

Lot Selection and Other Advanced Options

One of the advanced features of Constructor MT5 is the lot selection, which allows traders to choose the trade volume calculation (lot). For instance, if a trader selects “Lot_Const”, it means the constant lot equals the “Min_Lot”. This flexibility gives traders more control over their trading strategies and operations.

FAQs

Where can I find independent testing of this product?

Independent testing of Constructor MT5 can be found on the forexroboteasy.com website. Users can also subscribe to updates on the testing results of this product on the same platform.

Can I share my experience of using this product?

Absolutely, sharing your experience of using Constructor MT5 is highly encouraged. It helps other traders understand the software better and make informed decisions.

Is this an independent product review?

Yes, this is an independent product review of Constructor MT5. It does not endorse or promote the product but provides an objective overview of its features and functionalities.

In conclusion, Constructor MT5 is a powerful tool in the Forex software market. By offering four separate and independent Expert Advisors, it brings flexibility and advanced options to the table. This, coupled with its advanced features and user-friendly interface, makes it a reliable choice for novice and experienced traders alike.