sori, any body can't help me...a run ASCtrend 15 minutes ...and this eror in the EA...
Cannot open file 'C:\Program Files\MetaTrader - North Finance\experts\indicators\Fisher_v1.ex4' on the EURUSD,M15
anyone can help my trouble....
Tick volume is equal to amount of ticks at the unit of time. There is direct correlation between tick volume and real amount of deals. Every change of the price is a result of a real request to perform a deal. Consequently, fewer requests we have, the less price changes we get, and, as a consequence, tick volume is smaller.
In this case, when big amount of requests appear on the market, price changes happen more often. Big tick volume appears. Tick volume is an important indicator of trad
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 robot does not trade at night from 10 p.m. to 4 a.m. (server time).
The robot was tested in the special tester on real ticks. Empirical e
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
Open interest (current) is the total volume of effective contracts (futures, options) for which there have been no calculations yet. In MetaTrader 5 an open interest is displayed as "Open Interest" in "Details" tab of the "Market Watch" window, but it is not available as an indicator. This product displays the open interest as a candle chart for all trading instruments for which it transmitted to MetaTrader 5.
Easy to use - it does not have any specific parameters. Color and le
The Trade Manager Pro EA is a MetaTrader Expert Advisor that performs position management for you avoiding human errors and enhancing your trading activity.
Amazingly easy to use Trade easily from the chart Trade with precise risk management, hassle free Capital preservation is top priority Let profits run without your attention Enjoy risk-free trades as soon as possible Automatic trailing stops for all opened trades Initial stop losses are placed as soon as trades are
Does not support openning multiple 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
S2 Trend At Wavelet is designed to eliminate the noises on the Price Chart. A clear picture of the market flow will be seen due to the elimination of the unnecessary variations on the chart.
Capabilities of S2 Trend:
Chart End could be shifted to any desired point by Market End Line; A desired Scale could be used by selecting Scale Menu and the result will be shown on the chart; A separate diagram on the Main Chart could be shown by using Chart window's check box; Graphical representation
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!
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In Forex trading, news is one of the important factors that move
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
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This indicator shows how much time is left on the current candle.
You have absolute control over appearance of remaining time label. Also, you can set additional flag to show remaining time in the comment section of your chart and how much time has already passed on the current candle measured in percents.
The indicator is based on the comparison of the correlation of trading instruments following an original algorithm. It determines the difference between correlated contracts (delta). The greater the difference, the more it is likely that this Delta will return to zero.
More suited to the FORTS market.
The greater the deviation from zero, the more it is likely that the price will return to zero. Also, the indicator divergence can be applied by comparing highs and lows.
EasyPen is designed as beautiful and innovative way to create and manage all your chart analysis, scribbles, notes and more. The app takes advantage of new MQL5 technology to offer an experience unseen in the other apps or in older MQL versions.
An App That Changes Everything
There is no existing drawing app that allows the level of customization that EasyPen offers. Change color of your pen, choose brush size, save drawings, keep drawings attached to specific position in chart, and more. With
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MetaTrader 5 Indicator FXG_Info provides basic statistical information about a particular currency pair. So that in combination with a chart representing currency price it is easy to determine whether the current situation is good for trading. And when you open a position it will clearly show you the current data such as SL, TP, RR. You are not limited to currency. You can use any market which is provided by you broker.
The following information
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.
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The panel consists of four parts:
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Trade Controller provides multiple methods to protect and maximize your profits. This powerful weapon helps you to set the protect and trailing-stop rules on your trade automatically in many effective methods. Once it is set and turned on, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules.
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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
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Available periods (seconds): 30, 20, 15, 12, 10, 6, 5, 4, 3, 2, 1.
The display mode (bars or candlesticks) is switched by clicking on the chart.
Period in seconds - the period of bars in seconds Price levels count - the number of price levels on a chartBuffer number: 0 - Open, 1 - High, 2 - Low, 3 - Close, 4 - Color.
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One tool for sending and receiving transactions: [master] > [slave] operation mode can be selected in th
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type_order=ORDER_FILLING _FOK - order filling type.
ReverseTrade=false — trades opens in reverse direction if true. ExitOnBar=true — trades close on each bar only. spreadcover=false — Spread you pay includes in profit trades. It's like trade with zero spread but you should remember that it can decrease exact match between tester's result and live one. It
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VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
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VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
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Veno EA MT5 is a safe and fully automated medium-term trading robot.
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The panel can be used as a virtual Stop Loss or Take Profit.
It also features the emergency button - CLOSE ALL.
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Place this indicator in /indicators folder (for example - C:\Program Files\MetaTrader4\experts\indicators) and compile (open this indicator in MetaEditor and press F5).
5M ASCTrend System
Thanks ND for the hard work! The 5M ACSTrend system is good I just pulled 30 pips in on EUR/USD late in ny session. Missed the earlier long signal which gave about 50 pips. Anyone else using the ASCtrend 5M system post your input please!
Yes definitely using the 5M system and the 1M as well. Works extremely well. I also use a few other indicators. I use ASCtrend to confirm the entry.
Good system yet needs input and improvement
Yes the 5M ASCTrend system is a very good start and can grab some nice run of pips, however as in any system it could be improved using additional filter combinations. I've attached 2 charts to show what kind of problems the system has in would appreciate any input and suggestions for improvement
I agree the 5M system is great, but as with any set of indicators, it isn't 100% accurate. Since you asked for input and suggestions, the best I can do is give you my personal observations.
ASCTrend is meant to pick up a trend in process, so it is always going to be a bit "late". At times when it looks "spot on", it is usually because of a large breakout candle (which itself can "count" as a "trend" depending upon its size and the "risk" setting of ASCTrend).
Speaking of the risk setting, if you aren't happy with where the signals are given, play with it a bit. A lower risk setting means more arrows, higher means less, etc. But I think ND's settings are good for this TF.
I have found that along with good confirming indicators (as there are with this system) - another very important piece of this is smart money management. A lot of times when the indicators "fail", smart MM takes up the slack. Very often the ASCTrend will give good entry signal, and other indicators lag a bit more when signaling exit. If you set realistic SL and change it as you make more pips, you won't be hurt as much by lagging indicators for exit.
On most of the arrows that you indicated were "wrong direction" - in fact, they did move the right way, but then reversed. Your MM should at least let you break even at that point, if not get a pip or 2. Like in your second picture, #6. It looks like it went from 815 to 805 before reversing. (hard to tell the full spread without the candles). With M5 TF on EURUSD, I personally would be setting SL to break even (BE) + (1/2 of slippage) after I am 10 pips in profit. As the trade gets more profitable, I set the SL for some take profit room. That allows me to take the bigger gains, and protect myself from anything but the complete wrong signal triggering my initial SL. And, I've found that if ASCTrend DOES give a COMPLETELY wrong signal, it almost certainly because it is about to give a completely RIGHT signal for a big breakout.
You've got to set your MM strategy based upon the indicators you've chosen to use and the results you are willing to put up with for the TF and pair you are trading on. The indicators just need to be consistent, and that is the one thing that I love about ASCTrend. It almost ALWAYS goes in the direction it says it will for SOME period of time. To me, MM makes up the difference.
Look for example at your #3 signal entry and #4 profit run. That profit run looks like it is more than 15 pips - probably more possible with candle highs. Using the MM I mentioned above, you would have been break even after 10 pips, and locked in anywhere from 5 to 10 additional pips on the reverse.
Also, no system will get ALL the pips. If you again look at your #6 arrow on the second picture. Say that was a complete BE. You most likely would have taken a long on the next Blue arrow. We left a lot of pips on the table between the reverse from #6 to the blue arrow, but that's OK. Again, using good MM, that blue arrow should have locked you in a good 5 or 10 pips. Just in time to set you up to take the next pink arrow for yet another 10 pips at the very least. That pink arrow is a bit dicey on the initial upswing, but a good initial SL should have just barely kept you from stopping out. I won't suggest a SL value, as that's really dependent upon your level of risk aversion and the pair and TF. Also, it effects the levels of TP you end up setting, as most people say a 1.5 x SL for TP is good MM, but with ASCTrend, I think you can get bit more "loose' than that... Again, a personal thing...
Anyway - so, given what I've said we have:
arrow 3: say 5 pips conservatively, 10 pips possible
arrow 6: say BE conserv, 2 pips possible
next blue arrow: say 5 pips conserv, 10 pips possible
pink arrow: 10 pips conserv, 15+ pips possible
That's somewhere between 20 pips conservatively and 37 pips more realistically that can be won using this system. Not bad for a single day on 1 pair using 5M TF! The best thing is that the pips are consistent.
The best thing that I've seen is to really KNOW your TF and currency pair so that you can choose an effective MM strategy with the indicators you've chosen to use.
Anyway, this is just my experience and thoughts - I'm sure there are better traders than me who could give better ideas
All the best,
My charts are completely different
What is your value of ASCTREND?
Cubesteak thanks so much for the great advice! It's always nice to learn from traders such as yourself. After reading your reply and reevaluating the charts I realized that you're correct and with tight, efficient MM one would certainly be able to walk away from that day with a decent amount of pips. Given your suggested style of trading, and securing at least some pips for each trade, would you think it's possible to not bother with confirmation from the filters and enter trades when ASCTrend gives a signal? It appears that when ACSTrend gives signal usually there will be sufficient pips in the run to control the trade with tight MM. Actually waiting for filter confirmation seems to result in loosing critical pips in the smaller trends. As you can see in blue signal #1, entry at that point would have resulted in much more pips gained with protective MM. What's your thoughts on this? Thanks again!
Linuxser - I havent changed any of the settings from what ND posted. Only turned the grid off. The feed on those charts is interbankfx demo.
My pleasure! Just trying to "give back" in the spirit of this great forum.
About your question - that is a personal choice. It certainly seems at times to be a wise decision, but at other points, it just doesn't work. I think that if you put in the time and effort, and found a pair, TF and risk setting that works, you could certainly develop a system of MM that makes you consistent profit.
BUT, that would be something altogether different. IMHO, the idea is finding something that works consistently and then trading it the way that allows you to reach your goal. These ASCTrend systems by ND are already an excellent starting point for consistency.
The real choice is - do you want to spend time developing your own system from scratch, or do you want to use something that many people are testing / tweaking so that you KNOW it well enough to make an informed decision about how that next tweak or indicator will affect your trades.
Of course, you can do both, if you have an enormous amount of time to spend.
I can't tell you what to do, but I can what I would do. My personal choice would be, if you like this system, trade it until you are consistently producing profit and can do it in your sleep. Then if you still want to play around with it, see what you can change to maybe more reflect your personal style/needs.
I'm just getting to that point now, and believe me, I've a long way to go! As I stated before, my biggest discovery so far has been that I don't need to win ALL the pips. To me, getting some of them all of the time is much better than getting all of them nearly none of the time.
I guess another way of saying that is "There is no Holy Grail" - and how many times have you heard that?? heh. Well, DUH on me for it taking so long to sink in.
Really, it should be "You don't NEED to look for the Holy Grail" - many other cups will do if you use them right.
All the best, and I'd love to hear of your progress..
As I remember Igorad did alarm to this indicator.
This indicator is showing trend lines and high/low.
As always many thanks for your answer.