Whether you are a scalper or a long-term trader, ESB offers you a reliable and easy way to automate your strategy! You can implement multi-pair and multi-timeframe strategies. It supports the most kind of strategies includes scalping, price action, martingale, arbitrage, grid, hedge, trend line, trade on news (using internal adaptive news engine), level trading and so on. It supports all Logical, calculating and mathematical and arithmetic operations. All Meta Trader standard indicators and any custom indicator are supported. If ready-made functions aren’t enough, can define your custom functions. The advanced risk and money management management modules supports any kind of break even and trailing stops. Also, it has very strong news engine that in care mode monitors news and decide to manage trades. ESB has a convenient panel that helps you to monitor everything. It has a strong log and notification modules that can send any report directly on your phone or log it anywhere.
Fully Supports MetaTrader 4
Fully Supports MetaTrader 5
Set main options to define structure of your strategy After main settings, follow Step 1 and Step 2. If your strategy uses Martingale, go to Martingale options, if it is Grid strategy, go to Grid options otherwise follow step 3 to step 7.
You have 33 places to define all of the indictors that your plan needs. ESB supports all standard indicators and oscillators and also many other unique indicators
Then ESB knows how and when to open a new buy or sell
define TP and SL for open orders. It could be fixed or based on the candle's open/close or high/low or any desired expression
Set the volume of trades and maximum risk for each position
define when and in which condition ESB must close open orders
define the conditions for break-even and half-break-even of the open orders
set trailing stop to define how stoploss follow the price. The trailing options are in 3 groups: Trailing Start Options, Trailing Step Options and Trailing Stop Options
if you need to advanced options like sessions, trading times, news settings, broker settings, graphic options and so on, you can find them in this block
backtest your robot and let it start live trading if results are promising