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In my opinion, Welles Wilder RSI (Relative Strength Index) is a great momentum oscillator that works fine for small periods values (from 2 to 20). So I did some changes to it performe as good for greater periods, like 120, introducing a gain variable.
This EA implements a trailing stop buy and a trailing stop sell. It places an order above the price and below the price. The sell stop order will fall with the price, the stop sell order will rise.
Many consecutive Heiken Ashi candles of the same color often indicate a soon and harsh trend reversal. This indicator shows the number of consecutive same color candles. So you can see overbought and oversold situation at first glance.
Strategy is based on simple rules. It can work on any currency pair. Best results are obtained with the lowest set TS. The strategy works with any broker, but works better with brokers who allow you to set the low TS.
This is my own best EA, in the main lines can be setted up many things.
Very simple scalping EA, no Indicators. Logic is based on very fast price movements.
These scripts will record and file a picture of the chart at the time of each trade executed with them.
Just like internet speed test can tell you your internet speed, SpreadProbe can measure ask/bid spreads on the go.
A simple tick data collector written in MQL4 for you to collect tick data on any symbol you choose.
An Expert Advisor designed to open and close respective orders at the first parabolic SAR signal.
This Ea open buy/sell positions based on Grid, no size lot optimised works well on M5
A simple signal indicator that detects MACD Main line extreme value. It filters first pike and displays all after the first.
This simple EA sends hourly status e-mail and informed of the last closed order with some additional information.
Perfect solution for newcomers at coding. Allows to implement strategies with difficult stop-management. Yes, this thing need some "baking", i.e. editing, but you will like the result; especially if the strategy is already tested with hands.
Exponential average true range reduces the lag by applying more weight to recent prices.
Live trade monitor that scores up to 10 EA's at once, tallying Pips, Wins, Trades, PF and profits.
Often times I find my chart is too cluttered with indicators to see the price action, however I still need those reference points. My solution was to create an indicator which displays the current level of some of the MA's of the current candle.
Three grades take profit Grid System, use it on weak market and fluctuating market, may need close all positions at some time.
This script is useful when you drop lines on chart and want to see the distance to current market price. You can drag line and see the distance in pips.
YangTrader is a good indicator, it core is price moving and return, when the value crosses 15, maybe it's the best buy time and down cross 80 it's the sell time.
Using 4 Stochastic + post-zigzag indicator(last post). The result is good!!! Profit trades (% of total --82.26%)