Trading Planner Semi-Automated EA can be found on the marketplace of the MQL5 website. Yohana Parmi the creator of the EA was first uploaded on the 16th of November 2016, it has a number of different updates, the most recent update was completed on the 22nd of December 2019, and this update through the EA up to version 2.87.
Overview
The Trading Planner Semi-Automated EA is an expert advisor, it has been created to be used with the MetaTrader 4 trading platform. The expert advisor works in the following ways:
- The trading planner will make you act like professional traders in real markets.
- Before entering markets, they make a plan for their trades, screening out all opportunities in all time frames.
The EA can be used on all time frames, it will draw trendlines as a trend with support and resistance, the EA will open trades automatically when the price reaches the trendlines t the 3rd step. As the expert advisor is semi-automated, you will be expected to draw your own trend lines, the EA will then open positions based on the lines you have drawn.
The EA comes with a number of parameters, they can be changed to alter the way that the expert advisor functions. Some of the settings available include magic numbers, the automated trading plan, allow to buy or sell, to use pending orders or not, pip adjustments, trade comments, which instruments to allow, lot increments, lot multipliers, and more.
Service Cost
The Trading Planner Semi-Automated EA can currently be purchased with a one-off payment of $143, this will give you a limitation-free version of the EA. Should you prefer, you are also able to rent the EA, this will cost you $80 per month to do. A free demo version is also being provided, however, the details of any limitations to this free version are not made clear on the site, it is always worth downloading to try though.
Conclusion
At the time of writing, there are 5 different user reviews, they have given the overall rating a rating of 5 out of 5.
“This EA in combination with A2SR has made a huge difference in my trading abilities. Even with a full-time job, set up some trade plans based on A2SR, and let the EA do the rest. This has helped build consistency in my results and boosted my confidence that it is possible to be a profitable trader. Many Thanks to the developer!” – A 5-star review.
“Without any doubt, this is a robust and great trading planner plus the seller is really helpful and will help you to understand how to apply this to achieve maximum results on your trading. Thank you! looking forward to your next automated EA.” – A 5-star review.
“Bought it in combination with “Automated Actual Support Resistance A2SR”. Brilliant! Nice and friendly support from the seller” – A 5-star review.
The reviews are all positive, the expert advisor also has 44 different comments, the developer of the EA has been replying to each one which shows that they are intending to offer a high level of customer service to their product. We would suggest downloading and trying out the free version and also contacting the creator with any questions to make sure that the expert advisor will suit your current needs.