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I used to suffer from unnecessary losses and/or cutting my profit short since I wasn't fast enough to modify my SL and/or TP. That is why I've wrote these scripts that will allow me to react fast when I must modify my Sl and/or TP especially when I have many open and/or pending trades. I know there are plenty of Metatraders who also suffer from this and that is why I would like to share these scripts with you, hopefully it will be beneficial. Do not forget to send you comments as well as rate these scripts. Happy trading!
Compose objects into tree structures to represent part-whole hierarchies.
This script highlights Forex sessions for Sydney, Tokyo, London and New York with colored rectangles, according to the user time definitions.
M1-based Moving Average. It gives more adequate estimation of average price per bar compared to any standard price type (close, open, median, typical, weighted, etc).
This MT5 indicator is to count down the remaining time of the current bar as the format HH:MM:SS
Indicator WaveMTF Bull and Bear System with Signal and Alert for MetaTrader 5 with options to display signal on the chart.
Calculates a Exponential Moving Average based on RSI Data, instead of the regular Pricing data. Simple and and to the point.
This script opens all market watch symbols with the default template using the selected period. Save prefferred template as default.tpl to have all charts open with same template of your choice. Happy Trading.
This a library for a quick and easy encryption and decryption using base64. The usage is very simple and can be done in a few lines of code. <<< The return value of a method is the required output. <<< Feel free to use this library at your convenience.If it is helpful, please reward me by rating this item on mql5 site. >>From a developer, for developers.<<
This is MQL5 version of Shved Supply and Demand written by Shved and upgraded by eevviill7 with history mode.
Placing pending orders with no need to calculate lot size. Script calculates the proper lot size and opens the pending order(s) for you.
Trade with no need to calculate lot size! This script calculates the proper lot size and opens the position(s) for you.
Have you ever wondered how to safely return automatic objects with functions without memory leaks?
It's a two (2) pairs correlation system to use 3 currencies to make 2 pairs to open hedge orders on those. The expert starts opening four orders for each couple (2 plus and 2 minus) and wait to move prices in one direction to make a grid of orders. For more information, please read the MT4 version of the expert: https://www.mql5.com/en/market/product/34112
It's a triangular arbitrage system (three pairs correlation system) to use 3 currencies to make 3 pairs to open hedge orders on those. The expert starts opening six orders for each ring (3 plus and 3 minus) and wait to move prices in one direction to make a grid of orders. For more information, please read the MT4 version of the expert: https://www.mql5.com/en/market/product/33814
The VR Sync Chart Lite indicator is written for demonstration purposes and shows how it is possible to synchronize the object
FiboPivotCandleBar MetaTrader 5 is a composite of several forex indicators, Fibonacci, Pivot Point, ZigZag, MACD and Moving Average which are combined in this indicator.
Non Lag Relative Strength Index for MT5 Eliminates unnecessary preliminary calculations on the built-in RSI.
Volume Profile + Range v6.0 (former TPO). Distribution of deals by price levels at a given time interval. Displayed as a histogram. The width of the histogram at the level means the number of transactions carried out on it. All Credits of this Amazing indicator to Olexiy Polyakov. I have just fixed the iBarShift and iTime issues, since this is such a great indicator for traders ! Now it is working fine with this files.
Regression Channel with variable polynomial degree - indicator for MetaTrader 5.