Join our fan page
This is an MQL5 version of the Expert Advisor described in the article "How to reduce trader's risks" (https://www.mql5.com/en/articles/4233).
ZigZag separate is a MetaTrader 5 version of one indicator that was floating around the net as a wonder indicator for MetaTrader 4.
The KWAN_NRP indicator with the possibility to change the indicator timeframe in input parameters.
An oscillator based on the difference of two smoothed, different-period Tenkan-Sen lines in form of a colored histogram.
Indicator EMAVFS_StDev with the timeframe selection option available in input parameters.
Indicator ATR_Normalize_Histogram with the timeframe selection option available in input parameters, alerting when the overbought/oversold zones are broken through.
Two independent trading systems using indicators BrainTrend2 and AbsolutelyNoLagLWMA within one EA, with an option of changing the size of the future trade depending on the results of the previous ones for this trading system
The candle chart based on Waddah_Attar_Trend histograms calculated using the Open, High, Low and Close price series of the price chart.
The MFICandleKeltner indicator with the timeframe selection option available in the input parameters.
Compared to the Choppiness Index indicator, this version is using JMA for smoothing (to make it easier to spot the slope direction change of the choppiness index) and to make the values less volatile.
Two identical trading systems (for long and short positions) based on the signals of the Skyscraper_Fix indicator, which can be configured in different ways within one Expert Advisor
A swing-based Expert Advisor: The EA sets a pending stop order with an increased lot size and in the opposite direction.
The Expert Advisor applies iMA (Moving Average, MA), iRSI (Relative Strength Index, RSI) and Silence indicators. Martingale.
This tool outlines extremes made by the prices within the selected window size. This is achieved by estimating the underlying trend in the price using kernel smoothing, calculating the mean absolute deviations from it, and adding/subtracting it from the estimated underlying trend. Originally Made By LuxAlgo. Coded in MT5 format.
Kaufman Volatility indicator according to Perry Kaufman book "Smarter Trading: Improving Performance in Changing Markets".
This indicator shows trend direction (RSI) and trading signals (Stochastic + Accelerator).
The Momentum Technical Indicator measures the change of price of a financial instrument over a given time span.
The MultiLineMovingAverage indicator shows levels of six moving averages for different time frames in the active chart window.
An alternative replacement for the standard RVI indicator which considers trades volume
The Exp_VininI_Trend trading system is based on change of the trend direction displayed by the VininI_Trend indicator.
The Expert Advisor is realized on the ADX_Cross_Hull_Style and UltraXMA indicators.
The RSI indicator drawn on the basis of the smoothed price series with the added signal line.
The BlauSMStochastic indicator with the timeframe selection option available in input parameters.