Expert Advisors and Indicators for MetaTrader 4 - 264

The Universal Hedge EA uses unique trading system that is adjustable to the users liking. Universal Hedge has three lot size approaches by adding lots, multiply lots or manual lot size selection. The Universal HedgeEA opens positions according to time management and the SMA Moving Averages filter that are set by users. Closing positions is set according to take profit and trailing stops. The EA has a unique feature that minimizes the gap feature used by standard hedging strategies. This feature

MIG Scalper is very simple but powerful indicator. This is a very useful indicator, combined with a panel for fast trading will give you many satisfaction. This indicator can be used in any currency pairs and on any time frame, It fits at every speed of trading. Moreover, it's relatively easy to trade with MIG Scalper indicator. Arrows appear at the opening of a bar and do not disappear. This indicator produces two signals: BUY Signal: arrow aqua SELL Signal: arrow red Indicator parameters MIG

NostradamusMT4 is a powerful indicator from the set of professional trader. The indicator is based on Andrei Spiridonov's original price calculation method (ESTIMATED PRICE) for the current candle price. Advantages The indicator does not redraw. It works on any timeframes. Works with any trading instruments. Perfectly suitable for scalping and trading binary options. Parameters Color - color of the ESTIMATED PRICE FUTURE line. How to work with the indicator The indicator forms the ESTIMATE

Milch Cow Zone EA is an amazing tool designed to handle your losing trades in a different concept rather than using Stop Loss feature and ensure almost a profitable outcome regardless of market direction when closing orders according to a smart hedging mechanism "back-and-forth". It works by changing net direction of your trade using larger hedging trades in opposite directions. The Expert Advisor starts opening one order with a market trend or opening one order of your choice or opening the hed

This is a multi timeframe indicator to show the direction of the trend in multiple timeframes. The calculations are based on some original indicators but with special settings that is working for years and in combination with some newer indicator formulas. The indicator has multiple arrows based on various timeframe signals so that user can clearly see which signal is for which timeframe. Also draws horizontal lines with different thickness settings and colors from various latest signals so that

The Expert Advisor is based on three Moving Average indicators. ThreeMACross is based on the following idea: crossing of three Moving Average lines (Fast, Middle and slow ones) is used as a signal for opening and closing a position together. Go Long when Fast MA (MA1) crosses above Middle MA (MA2), and Middle MA (MA2) crosses above Slow MA (MA3). Go Short when Fast MA (MA1) crosses below Middle MA (MA2), and Middle MA (MA2) crosses below Slow MA (MA3). Signals to close buy positions are generate

The Grid EA (with smart mode) is based on a strategy with a dynamic grid channel that can withstand long absence of rollback. The robot can be used for trading any instruments after a proper optimization. With default parameters, it is recommended for: EURUSD, EURJPY, CADJPY, GBPUSD NZDUSD. Monitoring of EA trading:  https://www.mql5.com/ru/signals/538873 Key Features Fully automated trading Customizable deposit protection Forced order closing and planned trade pauses Virtual Take profit and S

The Market Maker indicator focuses on key levels as minimum, maximum, opening and closing of important time frames. An attentive observation of these levels will enable you to identify the proper direction of the trend. On these levels the Market Makers try to make a very hunt of Stop Loss. We recommend to use Daily values on H1 chart, Weekly values on H4 chart and Monthly values on D1 charts. Use it setting all three time frames on the same chart and you will see that these levels will be a gre

The trading panel is designed to close trading positions on the current instrument. The panel shows the account situation for the instrument it is attached to. The panel displays the following information: Balance - account balance; Equity - account equity; Margin - used margin; Free margin - free margin; Total Position - the summary position on the account for the current instrument, in lots; Position buy - the summary position of the buy direction for the current instrument, in lots; Position

Gets is a smart trading system with complex market analysis mechanism. The operation principle of Gets is based on neural networks and diversified collection of information from various market analyzers. Then the system analyzes the statistical databases to create a general idea of the current market situation and the further price movement. The information is displayed on the screen in a simple and intuitive way - in the form of buy and sell arrows. Also, the information on the current trend st

Headstrong Expert Advisor is a trend scalper that uses the standard indicators such as Bbands, RSI, ADX, and Moving Averages. It has been developed for trade on EURUSD and USDJPY on M5 time frame. The strategy is simple: open sell trade in overbought zone when the trend is down, and vice versa open buy trade in oversold zone when the trend is up. The closing of trade is done by Take profit (in pips) or by ADX+RSI (stop loss is deliberately higher). Headstrong does not use dangerous strategies li

This is a scalper EA based on ZigZag and Moving Average indicators that used martingale strategy for trading. You have full risk management This EA does many trades per day as its method is clear The EA can work with any brokers: STP/ECN The EA can work with any pairs (recommended GBPUSD) The EA can work with any timeframes Inputs Risk – choose your risk between high and low Pip set – d istance between two orders Take Profits - m odify take profit as pips Stop loss - m odify stop loss as pips

Engulfing Candle Pattern Indicator that shows a potential zone for your trades. Often used for Supply/Demand and Support/Resistance Strategies! Indicator Properties Variables Max Candles : Number of Candles you want to elaborate Use "0" for All the candles in the chart Engulfing Size : Size of the Engulfing Candle Personally i use 2 or 3 for this setting. This setting is based on the size of the engulfing candle, more specifically, shows only engulfing that are bigger X times of the smaller ca

Wildcat EURJPY is a high level scalper at safe norms. Easy to use, proved strategy many years and just focused on EURJPY. This EA uses some calculated price and time actions with indicators confirmations. Advantages NO Grid, Martingale, Averaging and high risk strategies. The EA always uses Stop Loss and Trailing. Dropdown style Money Management can be set easily. Also, fixed lot size available. No complicated settings. Default settings are enough. This EA only works with the EURJPY currency p

Actual live calculation of the famous Renko Chart. NO NEED for offline charts. This indicator will work on your live charts like a normal indicator would do, everything will be displayed on-screen and you will be able to customize it as much as you want. Properties Variables Max Candles : Number of candles you want to elaborate Use "0" for all the candles in the chart Pips : Size of the renko brick I remember this indicator does not automatically calculates Digits from your broker, so you hav

The professional line break chart generator is used to create live line break charts (i.e. 3 line break ). The chart is plotted using MT4's offline charging facility thus making it possible to trade* directly from the chart as well as attach any of the standard or custom indicators to perform technical analysis. The line break chart can be displayed as the most widely used 3 line break chart or a custom variation such as 2 or 5 line break chart . Wicks can be displayed or hidden on the chart - t

The Well Martin Expert Advisor looks for entries in a calm market and increases the lot after a loss. Trading Strategy The EA is designed to trade in a quiet market. The EA trades using market orders, and exits positions using stop orders. StopLoss and TakeProfit levels are set through modification. After a losing position, the EA increases lot by KLot . If MaxLot is reached after a series of losses, the EA switches to the minimum lot set in Lots . If you set Lots to zero, the lot will be calc

Warning, Martingale The EA places two pending BUYSTOP and SELLSTOP orders at a specified distance from the price with a specified take profit. After the first order is opened, the EA places an opposite order mathematically calculates the volume of the opposite order to take the specified profit value, with consideration of the specified price channel. The EA will mathematical calculate the lot size for all subsequent pending orders until the specified profit is reached. A good example of the EA

This Expert Advisor identifies trend reversals based on fractals and some other indicators. If the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). In case other indicators allow trading, a trade is performed (their settings can be customized for optimization). Input parameters Lots - lot

Multi MA is a multicurrency Expert Advisor based on moving averages crossing. The EA does not use hedging, martingale, grid strategies, arbitrage, etc. It uses a trading algorithm based on moving averages crossing to analyze the market conditions. Three moving averages with different periods are used to receive a signal. The period (MA_Period) of one of the moving averages can be changed but cannot be less than 11 or exceed 50. Decreasing the period leads to more aggressive market entry, while i

MMM Keltner Channels EA strategy: The robot uses its built in Keltner Channels indicator all the time and does a calculation to determine the prices trends. If it indicates the price will be bullish, it sends a buy order. If the indicator indicates the price will be bearish, it sends a sell order; It will not send an order unless the calculations determines a good trend of profit; Like all MMM products it is also programmed to minimize your losses and protect your money from the hostile market.

Lobster is a ready-made trading system with a flexible market analysis algorithm. It performs most of the work for a trader. All you have to do is open and close orders following the indicator signals. The indicator will be very useful for both beginners and professionals. It is able to work with other indicators and independently. Features No signal repainting; Any pair; Any timeframe; Flexible market analysis system. How to trade When the blue arrow appears, open a buy order; When the blue

MArketwave is a multicurrency, trend following indicator which combines three of the most commonly used parameters. Parameters Moving Averages Bollinger Bands Stochastic Oscillator The parameters have been customized to provide accurate signals. Signals Thick dark green up arrows - Uptrend Thin light green up arrows - Buy Thick red down arrow - Downtrend Thin red down arrow - Sell Trading tips Check the trend with thick arrows Buy or sell with thin arrows only in the direction of the main trend

Our team has created an experimental trading system. The main task of the Expert Advisor is the creation of a signal account on its basis. The EA uses high-risk strategies. ‌Monitoring of my accounts: https://www.mql5.com/en/signals/author/mizrael 1. Preparation for work and recommendations The EA is easy to use and ready to trade with the recommended input parameters. It is recommended to use the EA on several currency pairs simultaneously. Important! For each of the currency pairs, a differe

The indicator analyzes the direction of the short- and long-term trend over the given periods taking into account market volatility. This approach allows combining high sensitivity of the indicator with a high probability of its signals. The indicator use principle is very simple: indicator histogram above 0 is a buy signal; indicator histogram below 0 is a sell signal; The indicator is not redrawn on completed bars. This indicator is designed for trading pending orders. Thus, the confirmation

ThreeVS3 is a unique and high quality indicator. It is also a effective and understandable trading tool. The operation concept is on a score basis, which is ranged from -3 to +3. Thus, you can just according to the score to do the trade easily. How the Score calculated? The Score is calculated by 3 set of formulas. Each of them represent Long term, Short term, and entry level respectively. How to understand the Score? The Positive sign means favor for long position, and Negative sign means f

This Indicator Shows 5 lines: Avg Buy - Average Buy price line & total size for all open long positions in your chart Avg Sell - Average Sell price line & total size for all open short positions in your chart B / E - Breakeven price line & total size for all open (long & short) positions in your chart S / L - Stop Loss price line T / P - Take Profit price line Calculation includes Commissions and Swaps Works for a specific Magic Number trades or all trades on chart All currency pairs and all cur

SolaceSystem is a trend scalper. The Expert Advisor algorithm calculates price consolidation levels and opens trades if a strong market movement is expected. The Parabolic SAR standard indicator is used to filter trade opening. Distinctive features Martingale is not used. Does not accumulate loss. Uses take profit and stop loss. Trades are closed either by TP and SL, or using a unique trailing stop algorithm. Automatic lot calculation. The Expert Advisor is fully ready for long-term automated

This indicator works on any financial instruments and time periods. The indicator contains only one parameter: nBars - number of bars for histogram's value calculation. If a Green pole rises from a Red pole above the zero line then a Long position may be opened. If a Red pole rises from a Green pole under the zero line then a Short position may be opened. The height of the each pole represents the Power of an Up/Down movement. The transition from Red to Green (and vice versa) shows change of tre

Moving band is a trend based, custom indicator which combines multiple Moving Averages and Bollinger Band . Features Trend based Indicator Does not repaint No False Signals Works on all Time Frames Applicable on Forex, Indices and Stocks Input Parameters Show Indicator after Testing : True/False Sound an alert : True/False Send an email : True/False Send a notification : True/False Signals The signals are generated with intersection of multiple Moving Averages with mid Bollinger Band Buy whe

The indicator identifies the most suitable moment for entering the market in terms of market volatility, when the market has the strength to move (the signal is indicated by an arrow under the candle). For each of the signals, the presence of trends on the current and higher timeframes is determined, so that the signal is in the direction of the majority of positions opened on the market (denoted near the signal by abbreviations of timeframes with a trend present). The signal appears after the c

Moving Clouds EA is a multicurrency, trend based Expert Advisor which works with two moving averages and the Ichimoku cloud . Moving Clouds EA derives its signal by the following method: Buy Signal : By intersection of Moving Averages with the Ichimoku Cloud from below upwards. Sell Signal : By intersection of Moving Averages with the Ichimoku Cloud from above downwards. Input Parameters Settings for Ichimoku : Time Frame - Ichimoku's Time Frame. Senkou Span A - Value for Senkou Span A. Senkou

Ichimotor is a trend based, custom indicator which combines the Ichimoku Cloud and Alligator Features Trend based Indicator Does not repaint No False signals Works on all timeframe Applicable on Forex, Indices and Stocks Input Parameters Show Indicator after Testing : True/False Sound an alert : True/False Send an email : True/False Send a notification : True/False Signals The signals are generated when there is intersection of the Alligator with the Ichimoku Cloud Thick green Up arrows -

Trend CruiserGT (for CAD/CHF) It is a swing trading system that trades on CAD/CHF currency pair on 4-hrly chart . The EA is custom designed to take advantage of the start of rising Canadian dollar in 2017, after seeing over 7 year period of downtrend against the Swiss Franc (CHF). The design of the EA have taken consideration of fundamental analysis over last several quarters for the CAD and CHF counterparts, and analyzing the multi-year chart pattern of this pair. The strategy will take full ad

The DYJ SoarTrading is based on SoarSignal indicator. It can be used for any currency pair and timeframe. Signals to buy are generated when SoarSignal has crossed oversold downwards, reached oversold and then crossed back up through oversold. Signals to sell are generated when SoarSignal has crossed overbought upwards, reached overbought, and then crossed back down through overbought. Close a trade when SoarSignal reaches the opposite side ( overbought for long order, oversold for short order).

LuckyCase is an Expert Advisor with martingale elements. The EA strategy is based on a significant "deviation" of the price from SAR inadicator and the Bands levels breakthrough point. The money management system is an essential part of the EA. It starts working after a trade is opened. Trades are closed after accumulating specified points of market orders, by deposit % or after an opposite side of the channel is broken through. The default EA settings are meant for: EURUSD M15; USDJPY M15. The

Buy Wait Sell Trigger is very easy to read and use. The one and only indicator's line (color Aqua) can be equal to a zero-line or plus/minus one-line. The zero line is characterizing the flat trend. It means that you should wait. The V-shaped impulse indicates the entrance to the opposite direction. The U-shaped impulse indicates entry orders in the same direction. If the indicator line resizes on the plus one-line, you may go Long. If the indicator line resizes on the minus one-line, you may go

This panel closes trading positions at multiple symbols. The panel displays the situation for all open symbols on the account: Balans - account balance Equity - account equity Margin - used margin Freemargin - free margin Summ Position - the summary position on the account, in lots Position buy - the summary buy position, in lots Position sell - the summary sell position, in lots Summ Profit - the total profit (loss) at all positions Profit buy - the total profit of buy positions Profit sell - t

The Expert Advisor opens a trade in the direction of the previous price movement or in the opposite direction (selectable). The previous direction is determined based on the chosen time interval. The interval can be set to trading session hours and thus to check the theory that the price is inactive after session close. Multiple trades can be open at a time depending on input parameters. The Expert Advisor trails the stop loss order, and is provided with multiple breakeven and trade closing func

DAX Farmer EA is a fully automated Expert Advisor based on a simple system of moving averages. The basic settings are optimized and I will update them every 6 months. Do not hesitate to contact me if you have any questions or just to give me a feedback. Starter Kit Symbol: DAX (GER30) M5. Optimum deposit: $1000. Leverage: 1:300-1:500. ECN account with fast execution and low spreads. VPS hosting is highly recommended. Input parameters MagicNumber - this EA will only deal with trades with this

This indicator is designed for plotting the linear regression channel. For convenience, it has multiple operation modes and drawing of data from the selected timeframe. Input parameters Price - the price to be used for calculation and plotting the upper and lower boundaries of the channel PriceHighLow - the value of bar's High and Low PriceOpenClose - the value of bar's Open and Close Mode - indicator operation mode Static - the linear regression channel is always plotted starting from BarStar

Features This EA works using a reversal logic: Buy → Stop Loss → Sell Stop → ... Multicurrency program (10 trading instruments are defined in the EA parameters). It is attached to one chart and trades up to ten trading instruments. Individual parameters are used for each trading instrument. The main logic is the same for all instruments. Martingale - customizable multiplier. It is possible to limit the number of increase steps. The EA opens the first order based on the signal: the price crosses

FutureForecast is one of the few indicators looking into the future, or rather calculating the current candle's High and Low price values. Advantages of the indicator no repainting works on any timeframes works with any trading instruments perfectly suitable for scalping and trading binary options Parameters alert - enable/disable alerts about signals. Enabled by default. Parameters (Colors) FutureHigh - estimated High price line color. FutureLow - estimated Low price line color. Recomme

Climb O is an Expert Advisor (EA) based on Martingale method and oriented to equity value. This EA will immediately send one order after launch and Climb O will work based on this first order. If the order have price loss, this EA will send another orders with the same type and double lots. This action is to get more return to cover the loosing prices at the opposite movement of prices, and also to find the best equity balance that can get by each orders. Because this EA use high risk method: Ma

Copyist MS is a simple and easy to use trade copier. It works as a single-file Expert Advisor with toggled Master and Slave operation modes. Configurations Type of work - work mode selection: Master or Slave; Copy by magic number - copy trade orders by magic number (configure in master terminal) Will not copy currency pairs - list of unwanted currency pairs to copy (configure in master terminal) Master account number - master-terminal trading account number; Selective copying currency pairs -

The price is moving between two curve tunnel lines in a trend. The two lines of a tunnel represent support and resistance. In an uptrend, for instance, a trade might be entered at the support of the trend line (shown by the red line in the chart) and exited at resistance of the upper tunnel line (shown by the blue line). Tunnel show trend direction for any timeframe (if you have enough bars on the chart for higher timeframes). Trend, or price tunnel, can be up, down or sideways. If the current p

MACD MTF Signal is an indicator for understanding a trend reversal in any market . It is calculated using the MACD Histogram, which results from the difference between MACD and Signal Line. The strength of MACD MTF Signal is the ability to see more time frames at the same time if they are greater than the one displayed on the chart. In this way it is possible to understand a convergence of ascent or descent on several time frames, which means a strong push in one direction or the other. Another

Virtual Trailing and Closing Profit by parts U Trail and Close Part is a fully automated Expert Advisor for managing trades. The following functions are used in the Expert Advisor: Calculation of risk in a position StopLoss - used for calculation of risk in a trade. LotFixedUse - only a fixed lot is used. LotFixed - fixed lot size. RiskMM - percentage of risk in the position. The function is active if the fixed lot is disabled. Partial profit taking PartialOn - enable partial closure (true

This is a fully automated Expert Advisor that does not require stopping during the news release. Trade is conducted by the trend determined by the indicator Ichimoku. Opening the orders occurs near the support (resistance) levels and in presence of the confirmation signals from other indicators. The EA does not require ECN accounts. It works on 4- and 5-digit quotes. The type of quotes is determined automatically. The timeframe of the chart does not matter. The default settings are optimized for

EPriceJPY is a auto-trading EA focused on USDJPY. Trading Concept The operation concept of EPriceJPY is based on an algorithm that tries to determine the Trend. To be more specific, EPriceJPY works with its own calculation logic based on simulation. It is trying to find out the Top or Bottom in a Trend, and open the Short or Long Position accordingly. Don't expect EPriceJPY to open the trade on the highest or lowest level, because EPriceJPY will trade only when the Top/Bottom can be confirmed.

CHF Portal is designed for Trading USDCHF specifically. Trading Concept The operation concept of CHF Portal is based on an algorithm which tries to determine the Trend. To be more specific, CHF Portal works with its own calculation logic according to historical volatility and price movement. It is trying to find out the Top or Bottom in a Trend, and open the Short or Long Position accordingly. Don't expect CHF Portal can be able to open the trade on the highest or lowest level, because CHF Por

Trading Machine is an Expert Advisor (Robot) for any financial instrument on the MetaTrader 4 platform. All input parameters are optimized for EURUSD M1 . Of course, you are able to optimize these parameters for any currency pairs and timeframe. The main input parameters are A, B, C, D, and E , which can be any positive numbers. These are input parameters (weight coefficients) of the one layer neural network. The EA checks for a new trend and opens a position accordingly. If a trend changes its

Secret Scalper PRO is pro version of Secret Scalper. The EA is a medium-term scalper. Original version is available here: https://www.mql5.com/en/market/product/24112 PRO Advantages Trailing SL for First Order: This is classic trailing stop only for first order. Basket Profit Trailing: EA will trail basket orders, if the basket in profit. Day&Time Filter: You can choose EA's working days and times. Orders Closure Type: Profit&Loss To Close can be calculated by Equity&Balance %. Requirement

Fenrir is a fully automated quantitative swing trend follower EA. It trades Forex pairs using an adaptive market neutral multi-strategy neural network. It is scalable, and can manage SL and TP for orders opened by concurrent EAs on the same product (so called wolfpack mode ), so that the user can add third party logic. The multi strategy structure reserves all magic numbers in the range of x666xxx, and can manage order injection from other EAs. To work in wolfpack mode , just set any other EA to

High Volatility is an utility indicator that has the task of locating volatile candles. The recognition and counting function of bullish and bearish candles make it an excellent ally to understand the market volatility. This point often defines possible reversals and moments of continuity. A rectangle is drawn on the chart to identify the candle with greater volatility in long and in short. This indicator is very effective for short, medium, and long-term trading. An alert will notify you when a

This indicator displays the trend movements. Parameters Trend: Displays the trend movements, true/false. X: moves the trend left and right. Y: moves the trend up and down. How to understand the status: (M1), square indicates the timeframe for 1 minute. If the square is green, trend is up. If the square is red, trend is down. (M5), square indicates the timeframe for 5 minute. If the square is green, trend is up. If the square is red, trend is down. (M15), square indicates the timeframe for 15 m

Steed is a trend-following multicurrency Expert Advisor, intended for long-term and safe investment. The strategy is based on the analysis of statistics of currency pair movements, as well as the correlation between te underlying currencies of the currency pair the EA is trading. Decision on each specific entry is made through technical analysis, while considering the data from different timeframes. It is necessary to understand that periods (weeks or months) of drawdown or operation with zero p

For those who studies Bill Williams' books "New Trading Dimensions" and "Trading Chaos (Second Edition)" and tries trading using these methods, it becomes evident that the standard set of indicators is not sufficient for full-fledged work. The Trading Chaos Map indicator draws the "market map", thus allowing you to the charts the same way as the author of the trilogy. Parameters provide options for enabling and disabling each signal. You can use any of the methods, or use them in conjunction. Yo

The Forex Trading Guide indicator works based on the standard RSI indicator with an adjustable period. Crossing the internal level calculated mathematically, the indicator gives a signal for opening a trade in a certain direction, showing it on the price chart with the corresponding line (blue - deal up, red - deal down) and the price label of the corresponding color . In other words, if the previous directive was to deal down (the line and the price label in red), then the next directive will b

The Predicting Donchian Channel indicator allows predicting the future changes in the levels of the Donchian channel based on the channel position of the price. The standard ZigZag indicator starts drawing its ray in 99% of the time the opposite Donchian channel is touched. The forecast of the channel boundary levels will help in finding the points, where the correction ends or the trend changes, an also to estimate how soon those events can occur. Configurations Period - Donchian channel calc

This utility searches the history for price patterns, which are similar to those present in the intervals selected by trader (there are several intervals, see the screenshot). The length of the pattern and selected intervals is the same and is given by the number of bars. The similarity is estimated by comparing the colors of bar bodies, sizes of bars' bodies and wicks. For all identified patterns, further movement of the price is visualized as lines. The color of lines determines the degree of

London Trader EA uses a breakout strategy that can be set to London Session, Tokyo Session, New York Session and Sydney Session. Recommendations Time frame: H1 Pairs: EURJPY, EURCAD, EURAUD, CADCHF, USDCHF and other pairs can be used. Minimum Leverage: 1:100. Benefit No martingale or No grid. Can be optimised to any markets time Session. Equity protection by Stop Loss application. EA has a safe mode option. Multicurrency EA. Input parameters London Trade Time Start : London session opening

This trade panel is designed for opening market orders with predefined values of Magic, TakeProfit and StopLoss. The panel displays the following data: Ask - current Ask price; Bid - current Bid price; Spread - spread equal to (Ask-Bid)*0.0001 for 4- and 5-digit quotes, and (Ask-Bid)*0.01 for 3- and 2-digit quotes; Buy - button for sending a request to open a Buy order; Sell - button for sending a request to open a Sell order; TakeProfit - set TakeProfit: pips - in pips (0.00001) for 4- and 5-di

This small tool takes over the manually opened positions and treats them according to the predefined settings with the dynamic stop loss and Money Management, which predicts which position size should be used for the trade. The program dynamically tracks the stop loss as soon as the position comes into the plus. Possible commissions and swaps are taken into calculation. It should only be installed on one chart window per symbol. Settings LotRiskPercent = 25 - Percentage of the item size. Calcu

The indicator improves the idea implemented in the standard Bulls and Bears indicator. This indicator displays the difference between the High and Low for the current period of time and the values ​​of the channel constructed at the maximum and minimum prices for a longer period. The growth of the indicator values ​​above zero indicates that the High for the current period is greater than the average of the maximum prices for the period chosen as the indicator parameter. This situation in most c

This indicator implements the process of simple linear smoothing. One of the disadvantages of exponential smoothing is the rapid attenuation of the signal. This does not allow for a full-fledged monitoring of long-term tendency of a price series. Linear smoothing allows fine-tuning the signal filtering. The indicator is configured by selecting the parameters: LP - period of smoothing. The higher the value, the more long-term tendencies are displayed by the indicator. Valid values are from 0 to 2

EW Oscillator PRO is an indicator for MetaTrader 4 based on mathematical calculations on the price chart. This is one of the most common and useful indicators for finding the trend reversal points. EW Oscillator PRO is equipped with multiple types of notification (push notifications, emails, alerts), which allows opening trades in time. A panel for displaying the information on the indicator signals from different timeframes is located in the top left corner (see screenshot #2). Distinctive fe

As it is known, one of the winning parameters in Forex market is Money Management, which is more crucial than a good strategy. So it is good to know that there is a hidden fact in the market, so called pip's value. Most traders pay no attention to this fact. Here comes an example to brighten up. If you have an EUR account, pip's value for each 0.1 lots on EURGBP is around 1.10380 (it depends on the current rate) and on EURUSD is around 0.85050, it means if you take a trade on each of these curre

The Scalper Dream Expert Advisor trades based on price movement speed. Trading Strategy The EA is designed for trading the rebounds after significant price impulses. The EA trades at market, exiting positions by stops or trailing stop. The EA features the ability to swap the signals using the Reverse parameter. In this case, the positions are opened in the direction of the price movement. If the trade volume is set to zero in Lots , the lot size will be calculated depending on the deposit size

This indicator shows the crossing between two moving averages, a slower and faster moving average. Signal show alert pop-up, when MA1 crosses above the MA2. Signal show alert pop-up, when MA1 crosses below the MA2. Inputs Value Fast MA Setup Period = 5 - period of Faster Moving Average (value 5). Mode = SMA - type of Moving Average (SMA, EMA, SMMA, LWMA). Price = Close - type of price (Close, Open, Low, High, Median, Typical, Weighted). Slow MA Setup Period = 10 - period of Slower MA (value 10