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Fresh: Metatrader 4 Script | Root -Utility Diamond | Free Download

RobotFX curates the best open-source MetaTrader code to inspire your trading automation.

This utility is designed for opening positions using the ROOT Binary Miner analyzer, which is attached to the codebase under my name.

The utility includes a Magic Box for manipulating the current situation.

Magic Box

Image for Root -Utility Diamond


The box contains the following tools: 1. Integration of the signal generated by the ROOT analyzer a. Analyzed candlestick time b. Fibonacci number. This allows you to construct market levels for both Buy and Sell orders. c. Volume calculator and integrator. Once this information is correctly integrated from the Root Analyzer, it can be processed by pressing the STart button. 2. Buttons to select Buy or Sell depending on the situation (trader's choice). All orders are LIMIT orders. 3. Take Profit and Trail Stop position buttons. These buttons are necessary for proper trading manipulation.

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Image for Root -Utility Diamond

How to Choose a Signal

The signal range is from 1 to infinity. To choose a signal, start with a value of 15 or higher.

The following image shows how to choose a signal from the ROOT analyzer.

Signals

To run the Magic Box, we use:

1. Analysis time according to the signal. In this example, it's 2024.07.29 21:29:00

2. Number 16

3. Number -3 indicates a BOOL market.

4. Number 5 indicates a BEAR market.

The difference is -3 + 5 = 2. Positive market pressure means a buying trend. A negative difference indicates a selling trend.

However, further research into the signals and their behavior is recommended.

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