UnlaxTrader automated trading made easy & free

UnlaxTrader Overview

UnlaxTrader is a freemium integrated solution that allows any trader to formulate and backtest their trading strategies, then trade them directly on trading platforms fully automated. You don’t have to be a programmer to use UnlaxTrader.

UnlaxTrader bridges the gaps between the most popular trading platforms, namely AmiBroker, MetaTrader and cTrader. It provides an end-to-end workflow with seamless integration from strategy development to live automated trading. It supports any trading instruments (Forex, Commodities, Stocks, CFDs, etc) that our designated trading platforms offer, namely MT4, MT5 and cTrader. Our current target audience are mostly Forex traders.

Find out all the benefits of using UnlaxTrader. Get started with automated trading within 10 minutes!

Formulate Strategy

Instead of reinventing the wheel, we integrate with AmiBroker, the ever popular advanced technical analysis and trading strategy development software. It is super fast in performance, feature rich, highly customizable and has a large user community worldwide. You define your trading strategy using AmiBroker Formula Language (AFL) which is high-level, concise and easy-to-use. It also has a AFL Code Wizard that converts English sentences into AFL code, so you don’t need to know how to program.

Backtest with Historical Data

Once you have formulated your strategy, you will need to validate its effectiveness by backtesting it against as much historical data as possible. Free or paid historical data of various time intervals (tick, 1-minute, EOD, etc) are available for various securities. For Forex, you can get free tick data up to 10 years from Dukascopy directly, or via a data downloading tool like TickStory.

Stream Live Quotes Data

AmiBroker supports various free or paid real-time data source providers. This includes a free DDE plugin that can connect to MT4 DDE Server to receive live quotes and render live charting. For MT5, which doesn’t come with DDE Server, we provide a free Unlax DDE Server to export MT5’s live quotes to AmiBroker in real-time.

Generate Live Trading Signals

Unlax Signaler is our open source AFL library that automatically generates trading signals based on your formulated strategy. At every time interval (e.g. 1-minute), it executes your AFL forumla and sends trade signals (if any) to a shared repository. The repository can be a local folder, shared network folder or a cloud drive like Google Drive, OneDrive or Dropbox. Trade signals are either BUY, SELL, SHORT or COVER.

Manage Orders & Execute Trades

UnlaxTrader EA/Robot attaches to your preferred trading platforms (MT4, MT5, cTrader) to receive signals from the repository and performs order management and trade execution. The EA/Robot offers a comprehensive set of advanced features such as correlated trade avoidance, drawdowns alert & circuit breaker, zero-downtime monitoring & failover, trade re-entry delays, flexible lot size allocation, fixed/dynamic Take Profit & Stop Loss, etc. It can execute orders on multiple trading accounts concurrently using its publish-subscribe architecture, which is better than trade copier solutions.