AutoBot

AutoBot is a basket manager of the same kind as TraderTool — it slots positions into five baskets, adds grid legs and writes each basket's shared TP. The difference: AutoBot opens the first trade itself from BUY / SELL buttons on its board and closes the whole basket once its net profit clears a threshold, so it keeps reopening a first trade in the direction you picked.

What it does

• Manages five baskets at once, split by symbol and direction
• Latching BUY / SELL buttons — open a first trade, sized by the Risk level, whenever that direction has no position
• Grid averaging once price runs 300 points against the basket, plus the basket's shared TP
• Closes the whole basket once its net profit exceeds the smallest lot × 100 (a 0.01-lot basket closes above 1.00)
• Account-wide stop loss as a percentage of balance, and drawdown alerts
• On-chart control board with a master on/off switch

How it works

1. Pick a direction

   Press BUY or SELL on the board (or both). The button latches and AutoBot opens a first trade whenever that direction is empty — or open trades any other way and let AutoBot take them over.

2. Averaging and a shared TP

   When price runs 300 points against the basket, AutoBot adds a leg at the smallest lot, up to 15 legs, and writes one shared TP onto every leg.

3. Close, then go again

   Once the basket's net profit clears the threshold AutoBot closes it; if the button is still latched, a new first trade opens on the next price.

Who it suits

• Traders who want the EA to open the first trade in a direction they chose, and to reopen it after each close
• Traders who pick Buy or Sell themselves and leave the averaging and the exits to the manager

What to watch out for

• Needs a hedging account — its stop loss closes every position on the account and deletes every pending order, and the profit close takes every trade of that symbol and direction, including ones you opened yourself.
• The BUY / SELL buttons keep opening trades even with the switch OFF, and again after a stop loss — to stop, press them back to grey.
• After every MetaTrader restart the switch starts OFF and the buttons go grey, and there is no stop loss while OFF — and never run it alongside TraderTool on the same account.
• Prove it on a demo account first.