The indicator generates early signals basing on ADX reading data combined with elements of price patterns.
Works on all symbols and timeframes.
The indicator does not redraw its signals. You see the same things on history and in real time.
For better visual perception signals are displayed as arrows (in order not to overload the chart).
The indicator is a complete analogues of the Trend Monitor indicator for MetaTrader 4
The best results are obtained when the indicator works o
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
The indicator draws a trend channel and adds Fibonacci levels (extension).
It is a part of Argo-Trix strategy's set. However, it can also work as an independent strategy (trading within a channel, side channel's breakdown or Fibonacci levels).
The indicator has plenty of settings that can be changed according to your strategy and trading style. For those who trade within a channel, the indicator displays inclined or inclined + side channels and defines the side channel's width in the terminal
The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer.
The analyzer can take on values from 0 to 3:
the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat.Recommendations on usage:
Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Se
The indicator enhances the potential of standard fractals and allows you to identify, display and use them, calculating them for any odd length, i.e. 3,5,7,9 bars and so on.
The number of bars to be used is set in the 'Left fractal bars count' variable (by default set to 2). Its value determines the number of bars on one side, not including the central one, i.e. for a standard fractal of 5 bars it is equal to 2 (2 bars * 2 sides + 1 central bar = 5 bars for a fractal search and identification).
Fast Copy MT5 allows to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
Any type of copying is available
MT5 —> MT5 MT5 —> MT4 MT4 —> MT5 MT4 —> MT4
* For any interaction with the MT4, it is necessary to additionally install Fast Copy MT4
One tool for sending and receiving transactions: [master] > [slave] operation mode can be selected in
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
Here is the product, which truly reveals all the computing and graphical capabilities of the MetaTrader terminal.
The TrendNavigator indicator helps you take the most effective trading decisions, features stunning accuracy, unlimited graphical capabilities and highly developed notification service.
3D graphics 4 unique trend determining algorithms 5 types of notifications of trend change which appear as Buy and Sell signals Very high accuracy Shows local lows and highs Free notification
The PZ Day Trading indicator detects reversals in a zig-zag fashion, without repainting or backpainting. Based on breakouts of variable lengths, the indicator uses only price action to pick trades and reacts to the market very fast. The positional accuracy of its signals offers huge opportunity for profits, easily up to 80% winners.
Amazingly easy to tradeChart statistics will help you to optimize your tradingIt works on every single timeframe without fine tuningThe indicator analyzes its own q
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Energy Beam with Swing Control
Strategy: Confirm swing pullback signals Watch Video: (Click Here)Energy Beam with Trend Laser
Main Pivots is an indicator which looks for pivots points on preset intervals (days, weeks, months, years, etc.). Then all extreme points are checked for splice and consistent support and resistance lines are formed. These lines are useful for detecting the best pivot points.
It finds a pair of pivot lines for each interval which correspond to Low (support line) and High (resistance line) of the price movement on the interval. Difference between these lines represemt the price movement for the
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
This is an open interest indicator for MetaTrader 5. It fixes open interest value once per minute and writes it to the file (on your PC). The product works on any timeframe but only with exchange instruments.
The Red Green Trade Signals indicator just gives you the direct signal to open and close your positions, just like traffic signals.
When the signal turns to red, the market goes to short position, while the signal turns to green, the market goes to long position.
This indicator also provides the precise time and price to open/close your positions with the 'buy' (green) and 'sell' (red) arrows. It's easy to use, and it's ready to go without any parameter to set.
This indicator is implemented b
Exp COPYLOT CLIENT for MT5 is a copier for the МetaТrader 5 platform. It copies forex trades from any accounts. Including those from terminals МТ5 and МТ4.
Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the free Master copier in the terminal from where you want to copy the trades: COPYLOT
The indicator bounds the price according to a cyclic wave dependency. Thus, all the crossing points, in which the movement is changed considering the indicator period, are the optimal ones. The crossing points can be used as the potential market reversal points. However, do not forget about the complex approach: the indicator signals require additional data to enter the market.
Trade in the opposite directions with HedgeTerminalApi library!
HedgeTerminalApi is a program interface allowing you to use HedgeTerminal virtualization technologies in your robots and scripts. With HedgeTerminalApi, you are able to trade in the opposite directions when two or more trading algorithms occupy opposite positions on a single symbol. The library allows robots to track their positions even if these positions overlap entirely or partially. Moreover, with this library, you are able to
A script for opening a grid of orders
If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script.
Run the script on a chart.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
The Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
"Triangular" arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of balancing cross rates of all currency pairs.
The advantages of the strategy are the following:
The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency.
The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In a
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations.
Active Lines helps you easily organize various tr
Robust median renko style indicator for creating custom charts resembling median renko, mean renko, turbo renko and better renko candles as well as vanilla renko with wicks plus PointO charts. This all in one package provides all of the signals needed by day traders, scalpers and even long term traders.
Indicator is an overlay on the main chart so it is possible to utilize one click trading and order manipulation directly on the custom charts. Visual order placement is also
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
The EASIEST way to manage your risk for each trade!
Add the indicator to your chart, configure a risk percentage (of account equity) Enter the number of pips for your stop loss into the text entry field that appears on the chart The position size to take will automatically be updatedThe product features two modes - a compact mode which allows entry of stop loss pips and shows the resulting lot size based on the percent risk setting, as well as an expanded mode that also shows
Quest Candlestick Pattern Indicator v2.0 is an indicator that monitors more than 37 signals in the real-time mode. It notifies about the signals using Arrows, Emails and Sounds. It is really a good tool to help you trade.
HammerEngulfingMorning StarEvening StartShooting StarInvert HammerDark CloudPiercingHaramiTweezers TopTweezers BottomBelt Hold LineUpside Gap Two CrowsMat Hold PatternThree CrowsCounter Attack LinesSeparating LinesGravestone DojiLong Leg DojiBear DojiTas
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
This is a classical trading strategy, which falls into the category of breakout systems. They form support and resistance levels, which temporarily limit further price movement. When the price breaks down the support level or breaks up the resistance level, there emerges a strong momentum in the breakout direction, which allows to make profit on strong price movements with moderate risk.
To create the strategy, we used historical data with the quality of history of 99.9%.
It uses filtration o
I've never heard about it until now, so I went Googling and ... Yikes! It is Pricey!
Anyway, after seeing what it was all about, I don't think you will find anyone here who has used it - firstly because MetaTrader is geared towards coding one's own strategies (instead of building it graphically) and second because MetaTrader is free (instead of the extravagant price tag on that one).
What I am trying to say is that the type of people you will find here have a totally different profile!
firstly because MetaTrader is geared towards coding one's own strategies (instead of building it graphically) and second because MetaTrader is free (instead of the extravagant price tag on that one).
(A little off-topic, but... There's a plausible line of argument which says that MT4 wouldn't exist today if it weren't for the release of various famous commercial algo systems in the period 2009-2011. What's definitely the case is that only a small percentage of MT4 accounts today are using EAs or indicators written personally by the account holder.
And MT4 isn't "free". It's free for demo accounts only, because the standard model in the industry has become that demo accounts are subsidised by real-money accounts. If you have a real-money account then you are paying money to the broker, in one form or another, and that money funds a number of things including marketing costs and the fee to MetaQuotes for the MT4 Servers - payable on both demo and live servers.)
Irrespective of what software you may use, you ALWAYS pay spread and/or commission to a broker! I have had brokers where one has to "buy" the software separately and their spread/commission costs are the same as those brokers using MT4.
Taking into account that the minimum cost of NeuroShell is $1495, with no Intra-day charts, for which require you to fork out at least $2495 to have those, I continue to stand by my statement that it is "free", even if "relatively" speaking, there
may be some brokers charging slightly extra to compensate for the
Irrespective of what software you may use, you ALWAYS pay spread and/or commission to a broker!
Well, of course. But that doesn't mean that MT4 is free. If MetaQuotes reduced their charges to brokers, then the brokers would, or could afford to, reduce their spreads/commissions to you. The MT4 Server + Client Terminal infrastructure isn't free, and you're paying for it, albeit indirectly.
It's not a criticism. MT4 is a great piece of software and well worth the small indirect cost. It's just not free. I'm always puzzled by the extreme reluctance, bordering on antagonism, of people on this forum to acknowledge that MT4 isn't free. It does make me wonder how many of the regulars on this forum actually trade real money rather than demo accounts.
I trade with REAL money and do well, thank you! But did you even read my post? I said that the differences in costs (spread/commission) between MT4 brokers and others is negligible, making MT4 for us users practically almost free (if you want to get semantically about it).
Nothing justifies paying the hefty sums of money that one has to fork out for those "glamorous" pieces of software, that "promise" the world and then don't deliver (as the OP has began to feel). Even if MT4 brokers do increase the costs (to us users) to cover their investments with MetaQuotes, it is diluted over many traders and weighs very little on us REAL traders!
I started off, trading with one of those "hefty" pieces of software, and now I am with MetaTrader; so I know very well what I am talking about! I have done the maths! In fact when I started off with one of "those" pieces of software, besides the cost of the software, I actually payed more for the commission and spread with those brokers than with the ones I use now with MT.
I said that the differences in costs (spread/commission) between MT4 brokers and others is negligible, making MT4 for us users practically almost free (if you want to get semantically about it).
Fees have subsequently come down, and this was an MT4 cost but not a MetaQuotes cost, but a very large and well-known brokerage used to have a difference of 0.1 pips on the spread between their demo and live accounts, being the charge for their MT4 bridge. That's not a huge cost, but I wouldn't personally call it negligible.
I wasn't questioning whether you personally trade live or demo. I didn't refer to you personally; I queried "how many of the forum regulars". The vociferousness of your reaction is exactly what I was talking about in my previous post.