Constructor Simple MT5

Overview of Constructor Simple MT5

• The Constructor Simple MT5 is an Expert Advisor designed for the MetaTrader 5 platform that simplifies trading strategies.
• It consists of five separate strategies that work independently, allowing for diversified trading methods.
• This tool features reduced input parameters for easier use and optimization, making it accessible for traders of all skill levels.

Key Features

• Supports multiple trading strategies including Bar trading, iEnvelopes, iMA, iIchimoku, and iSAR indicators.
• Optimized for trading up to four currency pairs per strategy, enhancing flexibility. 💹
• User-friendly installation on a single chart with the possibility of using multiple instances with different settings.
• Adaptable to varying market conditions with built-in risk management features.

Technical Details

• Designed for brokers using 4-digit quotes, requiring specific adjustments in 'Take_Profit' and 'Step_Size' parameters.
• Recommended leverage of at least 1:100 for optimal performance.
• Complex backtests may require a powerful virtual server (VPS) if testing in tick-based modes fails due to memory constraints.

Investment Strategies

• Allows for automated lot sizing based on account balance and predefined risk parameters.
• Each block utilizes its unique 'Magic' number, enabling multiple strategies to operate within one account without interference.
• Empowers traders to set specific thresholds for trade opening based on market conditions, such as consecutive bullish or bearish bars.

User Experience and Community Support

• A dedicated community exists for users to share experiences and optimizations. Contact via private messages is encouraged for support. 📱
• The system offers a complete guide and practical examples for new users to get started quickly.
• Users report high satisfaction, with a rating of 5.0 based on user feedback.

Conclusion of Usability

• This EA is particularly favored for its simplicity and effectiveness, offering multiple strategies for varied market conditions.
• The Constructor Simple MT5 is an excellent tool for both beginners and experienced traders looking to enhance their trading strategies through automation.