Glib Chart Patterns Support Resistance Utilities
Glib Chart Patterns Support Resistance Utilities - MORE than just an Expert Advisor
Glib is a state-of-the-art trading tool for MetaTrader 5, designed with the modern trader in mind.
It combines advanced chart pattern recognition, support and resistance analysis, market structure/trend detection, and an intuitive quick trading interface to provide you with the most comprehensive trading solution available.
With Glib, you can work smarter, live better, and focus on what really matters – maximizing your profits!
For a comprehensive understanding of all that Glib has to offer, visit https://softdot.studio/glib/bridge
Want to try it out first? Check out our demo version available at https://www.mql5.com/en/market/product/96856 and discover the full potential of Glib today.
- Chart Patterns
Calculation and display of the 15 most famous and most traded chart formations.
Early display during the formation of the patterns, together with important trading lines. Including the theoretical probability based on the number of previous occurrences and clarity of the formation, to support existing trading systems.
Information when patterns are in the early stages / nearly completed / breaking out or fully formed.
Interface for programming with all trade-relevant information on past and emerging patterns, to create rapid automatic systems based on your trading strategy.
- Support and Resistance
Live display of all current support and resistance levels, including pivot points.
Quickly determine the priority of individual lines based on information such as the timeframe and the number of touches.
Optional choice to display all lines or only those that have not been breached yet.
Cluster display at price levels where key levels from different timeframes accumulate, relative to the currently displayed timeframe.
All results, including additional information, can be integrated into custom expert programs through the interface.
- Market Structures / Trend Detection
Live display of current market structure, including past trends, to keep you updated in real-time.
Visualize the market structure of higher timeframes to get a comprehensive understanding of market dynamics.
Easy access to the current trend and related data through the developer's API for seamless integration with your trading strategies.
- Quick Trading
Quick Trading offers up to 5 predefined, customizable buttons in the chart.
No more missed entries due to manual calculations and adjusting position sizes. Forget about awkward "1-click" trading tools. Simply position the StopLoss and optionally the TakeProfit/Pending prices with a shortcut in the chart and open the position with a real 1-click at the right moment.
Position size is automatically calculated with the preset, desired risk. Position sizes can be set in percentage, fixed monetary value, or fixed lots.
Instant display in the trading buttons if incorrect position sizes are reached.
Never again run the risk of using too much capital due to delayed entries. Never again give away money with too low position sizes. Trade exactly with the desired risk. Liquid price fluctuations are no longer a problem because the calculation takes place at the time of order placement.
Automatic adaptation of incorrect position sizes by the functions Round-Out-Of-Range and Force-Open. The Round-Out-Of-Range-Function corrects positions that exceed max-Lot or are below min-Lot. If your funds are tight, Force-Open corrects the position size to the maximum lot size based on the available funds. *Features disabled by default and enable at your own risk.
Risk/Reward Ratio display if StopLoss and TakeProfit are drawn in the chart. Additional pending line shows Pending Risk/Reward Ratio.
Order Splitting: With just one click on any of the trading buttons, the set position can be split into multiple user-defined sizes. You can choose the position division by percentage, for example, three divisions with 60-30-10 percent.
Simplification of the Order management in the MQL5-Programming for standard functions. For example, one-line open and close positions.
- Plug and Play
Simply drag and drop Glib into the chart and start instantly. It's fully customizable with no restrictions or requirements for specific time units; Glib adapts to the user instead of the other way around.
Glib operates through a user-defined and selected number of time units. The data from different time units are summarized on a single chart, ensuring you never miss an opportunity and no longer overlook counter signals!
You won't find this anywhere else: For MQL5-Developers Glib offers furthermore an interface in which all calculated data can be read and used for high-quality optical trading algorithms! Simply download the library and start coding with simple instructions. A sample code and video tutorials (*coming soon) help you to quickly implement your own ideas! For more information visit softdot.studio/glib/
Access to many other useful functions such as ZigZag functions with intelligent indicator calculation and many information about extrema.
Save a lot of work with fast and simple functions such as reading the spread or the center of a candle.
Keep the code short and clear and maximize functionality for your trading systems without long detours.