But this system works for EURUSD last week (see image). Not whole week. In the end of the week. With very good profit. But not for GBPUSD (see image as well).
The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks.
option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences.
You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advi
The indicator displays the current market information about the recent trades (their direction and volume).
BackColor - general background color of the indicator; AboveAskBackColor - background color of the line with information about the last trade in case it was performed at the price above Ask; AboveAskFontColor - color of the text entered in the line with information about the last trade in case it was performed at the price above Ask; AtAskBackColor - background color of the
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.
The supported features are as follows:
Fast Volume Moving Average Slow
The fractal analysis of the markets is used in the indicator operation algorithm. According to the fractals theory, after the breakthrough of the fractal level confirmed by the closing price located below or above the fractal, the trend wave in the direction of the breakthrough starts to develop. Until the fractal has been passed in the opposite direction, the trend is considered to be acting even if the price is flat or moves backwards. If a bullish fractal has been previously broken through on
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
MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders.
These indicators, related to the fundamental analysis, can also be used as an effective long-term filte
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Receiver - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 5 terminal, trades will be copied into this terminal.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention
MACD All MAs-14 is a MACD indicator that allows choosing usual parameters of the standard MACD (constructed from EMA) as well as the type of the moving average to be applied: up to 14 different types.
You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard - LRMA, HMA, JMA, AFIRMA.
Method MA - select the type of moving average to be displayed in the current graph. Period slow MA - the number
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
Trade Copier Pro is a powerful tool to copy trade remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
My famous Reversal Fractals indicator points possible price reversals using fractals and breakouts, filtering out those which are not likely to precede a price movement.
Easy to analyze and understand Filter out unreliable fractals easily The indicator displays data at bar closing It implements alerts of all kinds The indicator is non-repainting
What is a fractal?
A fractal is a 5bar or 7bar formation being the middle bar the highest/lowest price of the formation.
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
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
Virtual TrailingStop is an Expert Advisor that manages trailing stop without sending its information to the broker server.
EnableVirtualTrailingStop: enable or disable whole function VirtualTrailingStop: the pip use for determine how far the Virtual Trailing Stop will placed calculated from current price StartFromBreakEven: true/false. If true, Virtual Trailing Stop will placed after breakeven BreakEvenPoint: point profit from order open price where the Virtual T
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 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.
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:
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
CandleTimer is an indicator that can be usable for scalper and short-term traders. It shows the following useful information:
Remaining and past time of a candle on the current chart or other timeframe Alarm setting for play sound at the start of the current candle Show SL/TP line defining whether the indicator has a Sell or Buy order or both Show a spread value Show Ask and Bid lines in different colors in high and low spread Compatible with a money management EA (you can buy it separat
The indicator displays economic news on the currency chart (the appropriate data must be downloaded from the Internet - please see the download instructions on the screenshots provided). The list of currencies (countries) is customizable. By default it shows all currencies. The main parameters come with a built-in description. In addition, there are parameters for advanced users. News items are divided into 3 categories by degree of importance. There is a great flexibility in display parameter s
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
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
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using.
Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
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.
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Al
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
Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher proba
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
DeltaVolumeDistribution indicator can be considered as the fusion of the DeltaVolume and TradeSizeDistribution indicators.
This indicator, inspired by the MarketDelta-family charts, computes the net difference between trades occurring at bid and at ask, while trades occurring between bid and ask quotes are not computed. The indicator plots the resulting DeltaVolume as a unique distribution plot.
With the DeltaVolumeDistribution indicator you will actually be able to see the order flow entering
And please find 4 templates (with indicators) which I am using to estimate the market condition. You may use any of them.
Thanks ND, Ichimoku D1 chart was used in ASTrend M15 system, and I will try to use it again at next week.
I had using AbsoluteStrenght exit indicator at last 2 weeks, but I feel this exit method due to entry/exit too often maybe not better than NonLagMA big indicator.
For example, in EUR last week, if using AbsoluteStrenght exit indicator, good profit would be taken over by so many stoploss.
I will try to use back NonLagMA big indicator color change exit method at next week, but how to set stoploss is a problem, maybe Fib-Pivot or last high/low?
First indicator in this system is price itself. Right, it is Fib-Pivot and support/resistance.
And please note that original system/indicators (posted in the 1st or 2nd posts on this thread) was design for D1 and W1 timeframe only.
So the only way to trade it is just to estimate the market condition every day/week.
And I think it is not for this system only (to estimate the market condition). It is for any system.
Firebird EA did good profit for EURUSD and USDCHF in last week (elite section). But not for GBPUSD because this GBPUSD was in cloud whole last week completely and absolutely.
But the other EA (some my EA - elite members knows) did very good profit with GBPUSD last week (more that 200 pips) only because of that. I understand that I need to systematize everything accouding to the market condition (indicators and EAs because we have a lot of them already to be systematized) but I do not have time simetimes do to it quickly as it is difficult to do everything. Of course I will do it. Or somebody may do it.
Besides, sorry, everybody may improve this M30 system but please note: there are no any system that works in the same way in any market condition.
When we have not good market condition to have exit on NonLagMA (price is in cloud on D1 or anything described above) so we have exit on AbsoluteStrenght indicator (exit on AbsoluteStrenght indicator is our reserve way because the other way in difficult market condition is the following: not to trade).
We started to create some EA/indicator to estimate market condition and this EA/indicator will post the file with full description. We just started (me and Igorad).
I think it might be possible to have the EA do multiple trades by removing just one line
What do you think?
That was my original thought too, but then it would have NO money management at all... I tried to put something in, but it won't open ANY positions now, after 5 days of trading.
So, clearly, there is a bug. I'll let you know when I get a chance to find it!
That sounds great! Let me know if there is anything I can do to help... I've been mulling similar ideas over as well.
You guys are the experts, but sometimes it helps to have another pair of hands as well!
And we have Fibo-Pivot to reduce the losses.
I said in some post that we can not use this system every week.
I always look at Ichimoku D1 chart (attached). It was for EURUSD for example the following:
- price went into cloud (not trading);
- then price went out of the cloud for some time but no any buy signal on Ichimoku D1: white line crossed the price once only but white line was in horizontal way).
What does it mean?
If the price is in cloud so it is flat if the cloud is thin, or it is choppy market if the cloud is wide. Anyway it is very dangerous to trade if the price is in the cloud.
When white line is crossing the price in almost horizontal way (on closed bar) so it is flat and not strong signal. It is not trading days as well.
Anybody can estimate the dangerous market and non-trading days/weeks. It is not difficult.
Most difficult situation was on GBPUSD (see image attached) and USDCHF. We could trade USDJPY (see image attached) because it was uptrend but the border of the cloud is resistance line and this border came down (resistance line) so it was not easy as well.
I´m with the thread since the beggining. And I think, after several test of the last ASC Trend variation (M30), the ASC Trend M15 it´s the best choice. Your work in the developmet of that was incredible.
I find hard to duplicate the results of the ASC M15 with ASC M30.
Off course, M30 is quite simple against M15. But is the balance between M1 and M30.
Anyway, maybe is a personal problem with M30. I guess I need a new computer to test M30 in hard (some 4800 dual core with 4gb ram) because when I open 5 or 6 charts they´re eat 80% of my resources. And the only way to trade when the price is moving faster (like a few minutes ago) is only have one terminal open .
About danger or non tradable days, maybe a filter can works. A week ago I just readed one old post of yourself in braintrend thread and I add the itrend indicator in the exact wat like you suggest. Another way was put a horizontal line in the absolute strenght indicator but depends on the currency and needs to be adjusted constantly.
My favourite: a tiny trailing stop
Just my little opinion.
I just looked at ASCTrend M30 chart and on Ichimoku_H4 confirmation chart and this system did about 1,000 pips.
And we may see the good downtrend on Ichimoku H4 confirmation chart (EURUSD). And this confirmation for downtrend on H4 came earlier that first confirmed sell signal on M30 so it is ok.
Igorad improved his AbsoluteStrenght indicator here https://www.mql5.com/en/forum/general and we may see this OverSold. I think we should not look at the color of OverSold/OverBought lines. We may look at the mos nearest line (see image).
The same situation for GBPUSD: it was trading days/confirmation on Ichimoku H4 and finally more than 400 pips now.
And it is about 400 pips on USDCHF but we did not have good confirmation on Ichimoku H4.
I've been trying out Pedrz888 EA ASCTrend_Mini_V7 and apparently it is the one with the SL bug. Additionally I noticed that it puts a T/P target of 1000 pips out but under the configuration popup window, there is no place to bring that value down to a more reasonable number. Would you have the debugged version and now how to change the T/P?