This product is for MT5.

For MT4, it is here.

Product Description

This is a tool for MT5 to repeat trading within an expected range.
We support CFDs* as well as FX.
Entry direction can be selected from "Sell," "Buy," or "Sell & Buy.
Various adjustments can be made to the interval and maximum number of price lines to be repeated.
It has a trailing stop function that moves the stop to follow the price.
You can select "Do nothing", "Cut Loss (close the unrealized loss position)", or "Buy and Sell Opposite (open an opposite position of the same amount as the unrealized loss position)" as a response in the event of a breakout from the expected range.
You can set the time of day when entries can be made.
In addition to the parameter values, the "maximum number of positions" and "approximate maximum unrealized loss" are displayed on the chart. This is also useful for margin calculations. In CFD, "Approximate Maximum Unrealized Loss" is not displayed on the chart .

precautions

Since this tool is double-digitized, it must be operated in an account that allows double-digitization.
Since this tool operates as an EA, it must be operated in an account that can run EAs.

parameter

This tool uses points as the unit of price range. A point is the smallest unit of price fluctuation (expiry price). For example, if the dollar-yen moves from 100.000 to 100.015, the price will be 15 in points (1.5 pips in pips).

Parameter name	role	initial value	supplement
▼ Basic transaction-related settings
magic number	Distinguish between EAs.	20230208
Allowable slip page (in points)	Set the slip page allowed at entry/closing in points.	50
Range Upper Price	Set the upper price limit of the assumed range.	0.0
Range Lower Limit Price	Set the lower price limit of the assumed range.	0.0
Color to mark on chart (Sell)	Set what color to mark the entry and settlement positions on the chart.	Blue
Color to mark on chart (buy)	same as above	Red

▼Entry Settings
Do you want to enter (true: yes, false: no)	Set the entry to be made.	true
Number of lots per position	Set the number of lots for one position.	0.01
Allowable Spread (in points)	Set the spread to be allowed at entry, point by point.	50
Entry direction	Set whether the entry will be a sell or a buy or both.	Sell & Buy	[OPTIONS] - selling - buying - Sell & Buy
Order Type	Set how you will enter when the price you want to IFD touches.	Limit & Stop Limit	[OPTIONS] - limit price (e.g. on a stock transaction) - reverse price limit - Limit & Stop Limit The following is for a sell entry. Buy should be reversed and read as. (limit price) Enter when IFD price touches from below (stop loss) Enter when IFD price is touched from above
IFD interval (in points)	Set the price interval to IFD in points.	200
Maximum number of IFD lines	Set the maximum number of IFD prices.	20	If the entry direction is "Sell & Buy", the maximum number of positions is twice the number of IFD prices.
Stop-loss range per position (in points, 0 means no setting)	Set a stop loss range for each position.	0	If 0, no stop loss is set.
Interest margin per position (in points, 0 means no setting)	Set the profit margin for each position.	200	If 0, no profit-taking is set. For general repeat trading, this value should be the same as the IFD interval.

Entry time zone 1 (PC time)	Set the time period during which entry is allowed.	blank (book)	Fields that are not filled in are to be ignored. The entry format should be something like "9:10:30-20:59:59". In this example, the time period from 9:10:30 to 20:59:59 is set as the available entry time. The time can be entered with or without a leading zero (e.g., "01:05:07" or "1:5:7" is OK). Please enter a time within the range of "0:00:00-23:59:59". To enter, you must meet all the requirements for time zones 1-4 (excluding blanks).
Entry time zone 2 (PC time)	same as above	blank (book)
Entry time zone 3 (PC time)	same as above	blank (book)
Entry time zone 4 (PC time)	same as above	blank (book)

Show IFD line or not (true: yes, false: no)	Sets whether the IFD line is displayed on the chart.	false
Line color (unentered)	Set the color of IFD lines that have not been entered.	Orange
Line color (in entry)	Set the color of the IFD line being entered.	Gray.
Line type of line	Set the line type of the IFD line.	dot
Line thickness	Set the thickness of the IFD line.	1

▼ Response to range exiting
How to respond when out of range	Set up a method for responding when the expected range is exceeded.	Nothing.	[OPTIONS] - Nothing. - loss-cutting - countertrading
Stop-loss price (out of upper range)	Loss price when the range breakout response is set to "stop loss".	0.0	Judged by Ask
Stop-loss price (below the lower limit of the range)	same as above	0.0	Judged by Bid
Entry price for opposite trade (out of the upper range)	Entry price when the range breakout response is set to "buy or sell against".	0.0	Judged by Ask
Entry price for opposite trade (out of the lower limit of the range)	same as above	0.0	Judged by Bid
Settlement price of the opposite trade (out of the upper range)	Settlement price when the range breakout response is set to "buy or sell against".	0.0	Judged by Bid
Settlement price of the opposite trade (out of the lower limit of the range)	same as above	0.0	Judged by Ask

▼ Setting trailing stops
Do you use it (true: yes, false: no)	Sets whether the trailing stop function is enabled.	false
How far away from the entry position the initial stop move (in points)	Set how far away from the entry position the stop should be in the direction of the gain when the initial trailing stop is triggered, point by point.	10
Trailing range (in points)	Set the distance from the price to be kept constant, point by point.	30

trial version

We offer a trial version ( Link) that works with a demo account.

Please use it to check the operation before purchase.

Merchandise File

Product Manual (PDF file)
ex5 file (tool itself)

System Requirements

Operation has been verified in the following environments. Operation is not guaranteed for macOS.

CPU : Intel Core i7 2.20GHz Memory : 2GB Windows10 Home MT5 Build 4040

【割引版】リピート売買ツール「RangeGetter」【MT5】