2 Using VTS QuickStart.pdf

Using VTS QuickStart

Visual Trader Studio QuickStart Components

Using the VTS QuickStart Strategies ....................................................................2

QuickStart Information ..........................................................................................4

Quickstart Components.....................................................................................4

Quickstart Component Usage ...............................................................................6

QsVariables.......................................................................................................6

QsOpenOrderInfo..............................................................................................8

QsBuyLogic .......................................................................................................9

QsSellLogic .....................................................................................................12

QsCloseBuyLogic............................................................................................12

QsCloseSellLogic ............................................................................................12

QsOrderEntry ..................................................................................................13

Using the QuickStart EA .....................................................................................14

Using the IndicatorSystem QuickStart Strategy ..................................................15

Using the TimeEntrySystem QuickStart Strategy ...............................................16

Using the PriceEntrySystem QuickStart Strategy ...............................................17

Using the BreakOutSystem QuickStart Strategy.................................................18

Using the CrossOverSystem QuickStart Strategy...............................................19

Using the GridSystem QuickStart Strategy .........................................................20

Using the BasketSystem QuickStart Strategy.....................................................21

How to Add a Currency to the BasketSystem .................................................22

Expert Advisor General Information ....................................................................22

iExpertAdvisor is a registered trademark of iExpertAdvisor, LLC in the USA and/or other countries.

Using the VTS QuickStart Strategies

There are two types of QuickStart options available on the VTS Welcome page:

• The first QuickStart option, the QuickStart Template , is found in the Start

New window and is called the QuickStart EA .

• The second QuickStart option option, the QuickStart Strategies , are

found in the Strategy Template window. This window lists the available

QuickStart strategy-based systems.

The QuickStart Template is used to create the framework of a basic trading

system. The QuickStart Template creates a skeleton that can be easily

configured into a custom trading system.

The QuickStart Strategies are used to create the framework of a specific type

of trading system.

Using the QuickStart Strategies to get started is very easy.

• Click the strategy that you’d like to start with and VTS will create a new, fully

functional system based on the chosen strategy.

• The system will initially be named “StrategyName0”, but you can rename the

system to any name you like.

• Each time you click a QuickStart strategy it creates a new copy of the same

fully functional system. This way you can make changes to this base, and if

you get lost or confused, you can simply close your copy and start again!

More about QuickStart Strategies :

• The QuickStart Strategies are fully functional systems that are ready to be

built and attached to a MetaTrader chart.

• They serve as great starting points for developing a trading system.

• Many of the QuickStart Strategies can be used as they are without any

changes.

• The QuickStart Strategies are easy to change and therefore allow a VTS

user to quickly develop a custom trading system.

• The QuickStart Strategies were developed using the VTS system so they

serve as good examples of how VTS can be used.

iExpertAdvisor is a registered trademark of iExpertAdvisor, LLC in the USA and/or other countries.

The following strategies are found in the Strategy Template window:

• IndicatorSystem

• ReversalSystem

• TimeEntrySystem

• PriceEntrySystem

• BasketSystem

• GridSystem

• BreakOutSystem

• CrossOverSystem

Strategies will be added to this list based on customer (your) feedback.

iExpertAdvisor is a registered trademark of iExpertAdvisor, LLC in the USA and/or other countries.

QuickStart Information

The QuickStart Strategies are built with the help of QuickStart components.

Any element within VTS that starts with QS is a QuickStart component. The

QuickStart components are not normal components that can be built using VTS.

They are special components that automatically generate VTS elements.

Although the QuickStart components only offer a limited set of the full

functionality of VTS, most traders will only need the QuickStart components to

fully develop their trading system.

Almost all trading systems can be created using 7 basic logical sections. Each of

these sections is supported by a QuickStart component. The components are:

• QsVariables

• QsOpenOrderInfo

• QsBuyLogic

• QsSellLogic

• QsCloseBuyLogic

• QsCloseSellLogic

• QsOrderEntry

iExpertAdvisor is a registered trademark of iExpertAdvisor, LLC in the USA and/or other countries.

Quickstart Components

QsVariables . The QsVariables component is used to define any variables used

by the strategy, including the Input variables shown to the user when attaching

the Expert Advisor to a chart.

QsOpenOrderInfo . The QsOpenOrderInfo component is used to collect

information about any open orders the Expert Advisor is trying to manage. Most

often an Expert Advisor will manage all open orders for a specific currency pair.

In addition to the order’s currency, an order can also be identified by its magic

number. The QsOpenOrderInfo allows you to direct the Expert Advisor to

manage orders for any currency or any magic number, or any combination of

both currency and magic number.

QsBuyLogic . The QsBuyLogic component is used to define the criteria for

opening a buy (or long) order. Most any criteria can be used to define the logic

including technical indicators, account status, order profit, time of day, etc.

QsSellLogic . The QsSellLogic component is used to define the criteria for

opening a sell (or short) order. Most any criteria can be used to define the logic

including technical indicators, account status, order profit, time of day, etc.

QsCloseBuyLogic . The QsCloseBuyLogic component is used to define the

criteria for closing a buy (or long) order. Most any criteria can be used to define

the logic including technical indicators, account status, order profit, time of day,

etc. In the simplest form, the close criteria can be left undefined to allow the

order to be closed by its stoploss or takeprofit.

QsCloseSellLogic . The QsCloseSellLogic component is used to define the

criteria for closing a sell (or short) order. Most any criteria can be used to define

the logic including technical indicators, account status, order profit, time of day,

etc. . In the simplest form, the close criteria can be left undefined to allow the

order to be closed by its stoploss or takeprofit.

QsOrderEntry . The QsOrderEntry component is used to open or close orders

based on the outcome of the Buy/Sell Open/Close logics. The QsOrderEntry

component allows you to set the default order parameters of Lots, StopLoss,

TakeProfit and Slippage.

iExpertAdvisor is a registered trademark of iExpertAdvisor, LLC in the USA and/or other countries.

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