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Hello, Welcome to Om Sai Tech, a name known for programming trading robots and indicators
for the VertexFX trading platform. In This Video we are going to discuss a new VertexFX
Auto trader called ' Oblomov ' The Oblomov Expert Advisor is a simple VertexFX
client-side automation script used by traders to open a BUY trade on Monday (i.e. at the
start of the trading week) based on the level of previous candle's pivot. It is especially
useful for traders who trade stocks in the BUY direction based on Daily and Weekly pivot
levels. A BUY trade is opened on Monday at the specified
OpenTime hour (e.g. 10 a.m.) if the open price of the current candle is above the typical
price of the previous (closed) candle. The typical price is calculated as the average
of High, Low and Close of the previous closed candle.
The trade is protected by the StopLoss
and TakeProfit parameters. The lot-size can be set to either fixed lots,
or calculated dynamically. If the value of Lots parameter is set to a valid (non-zero)
value, the trade is opened with a fixed lot-size. On the contrary, if the value of Lots parameter
is set to zero, then the dynamic lot-size is calculated based on the current Account
Balance. If the current Account Balance is less than InitEquity, then the lot-size is
set to minimum allowed lot-size by the broker. If the current Account Balance is equal to
or greater than InitEquity, the lot-size is set to InitLots, and for every additional
amount of DeltaEquity in the Account Balance the lot-size is increment by DeltaLots. For
example, if InitEquity is set to 500, InitLots set to 0.1, DeltaEquity set to 200, and DeltaLotsset
to 0.2, then if the Account Balance is $1000, then the dynamic lot size is calculated as
0.5 lots. If a trade is already open, the Expert Advisor
does not place a trade. This Expert Advisor does not place SHORT (SELL) trades.
you can download auto traders or Indicators from the market place of the VertexFX i. e.
www.vstore.co , after downloading it, save it to the Local VTL Scripts Folder of Vertex
FX Trading Terminal, The Local VTL Scripts Folder is located at the following path:
C:\Users\Lenovo\AppData\Roaming\VertexFX Client Terminals\VertexFX Trader 10\VTL10\Local VTL
Scripts Same path is also displayed on the screen.
After placing it in the path, the auto trader will be available at VTL local scripts node,
or you can install it directly from the VertexFX trading terminal's vstore TAB.
Thanks for watching this Video. Subscribe to our channel OmSaiTech for more VTL Indicators
and Auto traders. Have a nice day.
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