Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal


SmartTrail - library for MetaTrader 4

Peter Eskander | English Español Português 日本語 Deutsch

votes: 13
2016.04.06 17:03
smarttrail.mq4 (2.32 KB)view

This library has SmartTrail trail function that depends on the previous candle.

An example:

the Library first tests if new candle is formed, then in buying positions the trailing StopLoss moving on Low[1] (Low of Previous Bar) in one direction (Profit Direction); and vice versa in selling positions which moving on High[1].

MoneyManagement MoneyManagement

It calculates the lot size depending on risk percentage entered by user in input parameters.

PriceAction indicator PriceAction indicator

PriceAction indicator based on indicating Price Action candles. It indicates each candle type by different colored histogram bars.

StopLoss Calculation StopLoss Calculation

This library made to simplify calculating your stop loss.

Fibonacci Levels Fibonacci Levels

This is an indicator which draws Fibonacci levels as indicator indexes.