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Project

Automated Trading Bot for MetaTrader 4

Developed an automated trading bot for MetaTrader 4 (MT4) that opens and manages trades based on the Smart Money Concepts (SMC) strategy, alongside other custom trading strategies. The bot analyzes market conditions to execute precise trades without manual intervention.

Client

Coach Trader Hatem Bara

Start Date

Oct 24, 2024
Automated Trading Bot for MetaTrader 4

Description: 

The Automated Trading Bot for MetaTrader 4 is designed to operate with multiple strategies, with a primary focus on Smart Money Concepts (SMC) and other proprietary techniques I developed. The bot automatically analyzes market data and places trades based on predefined conditions and strategy rules, ensuring consistent trading performance without human intervention. Built using MQL4, the bot is capable of executing market and pending orders, setting stop-loss and take-profit levels, and monitoring trades in real-time to maximize profits while minimizing risks.

Key Features:

  • Automated Trading: Executes buy/sell orders on MT4 based on pre-configured strategies.
  • Smart Money Concepts (SMC): Utilizes SMC strategy to identify institutional-level market trends and execute trades.
  • Custom Strategies: Additional strategies developed for various market conditions and risk profiles.
  • Risk Management: Implements stop-loss, take-profit, and trailing stops to manage risks effectively.
  • Trade Monitoring: Continuously monitors and manages open trades, adjusting parameters when necessary.
  • Market Analysis: Analyzes market data in real-time to make informed trading decisions without human input.
  • Real-Time Execution: Offers fast trade execution and monitoring on MetaTrader 4.

Technologies Used:

  • Trading Platform: MetaTrader 4 (MT4)
  • Programming Language: MQL4 (MetaQuotes Language 4)
  • Trading Strategies: Smart Money Concepts (SMC), custom trading strategies
  • Risk Management: Stop-loss, Take-profit, Trailing stops
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