Trade Assistant EA V10.14
- Initialization and Setup
- Import necessary libraries and define global variables.
- Set up connection to trading platform API (e.g., MetaTrader).
- Indicator Setup
- Define and implement trading indicators (e.g., Moving Averages, RSI, MACD).
- Initialize indicator parameters and signal thresholds.
- Position Management
- Functions for opening, modifying, and closing positions.
- Implement risk management strategies (e.g., position sizing, stop-loss, take profit).
- Main Trading Logic
- Loop to continuously monitor market conditions and make trading decisions based on indicators.
- Handle buy and sell signals generated by indicators.
- Error Handling and Logging
- Implement error handling to manage unexpected situations gracefully.
- Log trading activities, errors, and debugging information for analysis.
- Utility Functions
- Helper functions for time management, data fetching, and indicator calculations.
- Ensure efficient use of resources and proper handling of API calls.
Notes:
- Customization: Replace
MetaTraderAPI
with your actual trading platform API library. - Indicators: Use appropriate indicators based on your trading strategy (MA crossover used here as an example).
- Risk Management: Adjust lot sizes, stop loss, and take profit levels according to your risk tolerance and strategy.
- Error Handling: Implement robust error handling to manage potential issues with API calls and trading activities.
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