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Open Random Charts - script for MetaTrader 5

Boris
Views:
4125
Rating:
(9)
Published:
2020.07.16 20:19
Updated:
2020.09.17 12:15
Download as ZIP, How to download code from MetaEditor
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      - This script opens randomly selected charts and applies user-defined template.


      [INPUTS]

      • Timeframe: chart timeframe.
      • Template: chart template.
      • Spread Filter: only open symbols having spread below this.
      • Chart Count: maximum chart count to be opened.

      [LIMITATIONS]

      • only tradeable forex instruments will get selected.
      • only symbols having spread below specified will be selected. lack of such symbol results in infinite loop.
      • after symbol selected program waits until rates are updated.
      • if there aren't enough symbol that meets the requirements, number of charts opened may be below user specified.

      Design patterns - Abstract Factory Design patterns - Abstract Factory

      Provide an interface for creating families of related or dependent objects without specifying their concrete classes.

      Identify potential entries Identify potential entries

      I want to share with you this story. When I started trading, I learnt the scalping strategy in a volatile market. I really loved scalping especially when I see the price is moving fast. However, scalping for a long period of time is exhausting to me especially in a volatile market; volatile market requires fast analysis, actions and reactions; that is why I always reach a point that I loss concentration, focus and I start making those really stupid mistakes. That is why I created this indicator that helped me to automatically identify these potential entries (based on the formation of candlesticks) instead of doing all the work myself. I know there are plenty of Metatraders who also suffer from this and that is why I would like to share this indicator with you, hopefully it will be beneficial. Do not forget to send you comments as well as rate these scripts. Happy trading!

      Identify potential Trends/Range (Pivot Points) Identify potential Trends/Range (Pivot Points)

      When I start learning about trading, I remember the trading pioneer Shawn Lucas (founder of Apiary-fund) saying "trading is simple, you go from bound range market to breakout market and vice versa". I looked at few charts and he was right. So I told myself, I have to always eyeball ranging market and trending market but with the help of an indicator. There are plenty for indicator that help us eyeball these ranging/trending market and they work really well, but I like using Pivot Points.

      Step chart Step chart

      Step chart (upgraded version)