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Order-basket managers

AutoBot

The original basket manager — the engine behind TraderTool

  • MetaTrader 4 v1.6.2 Released
  • MetaTrader 5 v2.0.0 In testing
Talk to us Read the setup guide

The on-chart board

Interface illustration of AutoBot — laid out from the real on-chart board; money values are shown as dashes. The rows are AutoBot's own; the released MT4 build still wears the older styling, so this is drawn in the current WinFex theme.

AutoBot is WinFex's first basket manager and the file TraderTool was branched from. The averaging rules, the shared-TP maths and the five-slot bookkeeping are the same code; TraderTool adds backtest inputs and gets new work first.

What it does

  • Manages five baskets at once, split by symbol and direction
  • Averages in by a set distance and writes the basket's shared TP
  • Account-equity stop loss and drawdown alerts
  • On-chart control board with a master on/off switch

How it works

  1. Same as TraderTool

    The slotting and shared-TP logic is one codebase — read the TraderTool page for the detail.

  2. Different inputs

    AutoBot has no backtest-entry inputs; TraderTool does.

  3. Which one

    Starting fresh on MT5? Start with TraderTool. AutoBot is here for existing MT4 users.

Who it suits

  • Existing users still on MetaTrader 4
  • Anyone who wants the same manager without the tester inputs

What to watch out for

  • Needs a hedging account, and its exit routines close every position on the account, exactly as TraderTool's do.
  • The MetaTrader 5 build is still in internal testing and is not recommended for live money yet.

Questions about AutoBot

AutoBot or TraderTool?

New and on MT5: use TraderTool, it gets the improvements first. AutoBot suits existing MT4 users.

Not sure which one fits you

Tell us which pairs you trade, how you enter, and what account you are on — we will point you at the tool that matches the job.

Talk to us Read the setup guide