I still don't have the topic rules, but I have a lot of ideas to share, some very crazy, to be honest, so if you have the same problem or spirit, let's work together.The dynamic is quite simple: I will start publishing such ideas, and you are welcome to publish yours, or just give a critical evaluation of the ideas here. And if you know some similar idea, please let us know too.
To become easier identify the ideas, I will create a sequential number and title for any idea here, inside the post of the original author.In this sense, I will bring new ideas from other forum users, if they are regarding new ideas for trading systems, to be cataloged as new ideas here. If you know something about, please advice us.
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 extracts a trend from a price series and forecasts its further development. Algorithm is based on modern technique of Singular Spectral Analysis (SSA). SSA is used for extracting the main components (trend, seasonal and wave fluctuations), smoothing and eliminating noise. Does not require the series to be stationary, as well as the information on presence of periodic components and their periods. It can be applied both to price series and to the data of other indicators.
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
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 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
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!
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
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
The trading robot opens and closes positions by the indicator signals - buys at support levels, sells at resistance levels, which allows to capture large movements. It has the option to close positions by take profit and stop loss. When new signals appear the EA adds orders. When an opposite signal appears: if the order basket is in profit, then the EA closes it; if the basket is in loss, the robot opens opposite orders. The EA settings can be adjusted right from the chart. The EA also features
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
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.
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
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
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.
Breakout Analyzer with Volume Critical
Strategy: Enter confirmed reversal setups Watch Video: (Click Here)Breakout Analyzer with Strength
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.
Percent Crosshair is a powerful and easy percentage measure tool.
Measure the chart percentage very quick! Don't waste your time anymore!
Just attach the Percent Crosshair indicator in the chart, select crosshair mode at toolbars or press "Ctrl+F" and start using the crosshair as you always do! The percent measure will be next to the indicative price.
Customize your indicator the way you want!
There are 4 entry parameters:
Positive % color: set the desired color when % is positive. Negat
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 main purpose of the indicator is to detect and mark on a chart the following trade signals described in "New Trading Dimensions":
Bullish and bearish reverse bars with angulation (including squat). Bars in the green and red zones according to the histogram color of Awesome Oscillator and Accelerator Oscillator. Bars in the grey zone, when the Awesome Oscillator and Accelerator Oscillator histograms below these bars have opposite directions. Blue squat bars on chart independent of the
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
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
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 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
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
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
About the PAM (Price Action Master) EA Series
These multi-symbol multi-time-frame bots enter on high probability engulfing bar and shooting star/hammer/pin bar patterns with a stop order. (Delays won't matter, slippage and spread not a big deal on larger time-frames.) They may consider up to 4 secondary time-frames in their analyses and score of space, trend, quality of bar, quality of important locations, big round numbers and quality of pullbacks. These bots can print a special csv log f
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
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
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
Idea 1: Using historical weight measure to learn emotional factor about people gain/lose weight to use on the market (by figurelli)
The idea here is to use some of the most emotional problems and desires of human bean, i.e., lose weight.
Like market prices, we have here supports and resistances, that depends too much from emotional aspects.
So, what about connect historical and real time information from several volunteers and try to identify a relationship with market movements, for instance EUR/USD trends?
But wait, you don't need to start asking for your workmates to help you ;-)
To create a trading system, the ideal solution would be an API or webservice where we connect to a provider of statistical weight historical information, segmented by several ways, like age, place, etc., and there are several apps for Smartphones with such providers that you can look for such statistical data.
Idea 2: Creating a trading system based on an Universal Indicator (by figurelli)
There are hundreds of technical indicators. But, in some sense, most of them have similar points, since they are analysing the past.
If we just think about the oscillators ones, like RSI and Stochastic, we can for instance figure out a Fourier Series model to try create a one fits all formula.But for non oscillators, the best idea I can see is using dynamic and parameterized algorithms, based on all sorts of relationships we can imagine about past prices and volumes.To do this, we need several input parameters, that we can join in few ones, using bit checking.So if we create this Universal Indicator, the easy part will be creating a trading system using several kinds of strategies, based on trend reversal and following, for instance.
Idea 3: Creating a trading system based on Fibonacci ratios variations (by figurelli)
We all know the famous Fibonacci ratio (23.6%, 38.2% and 61.8%) used to identify the potential retracement of an instrument original move in price.
So, if you are a Fibonacci fan, please go directly to the next idea ;-)But if you are still here, why do not create a trading system where the ratios are not exactly the same sequence, but based on the same principle, as pictured below.Here I created 3 variations, where instead of sum the last 2 numbers as the original Fibonacci sequence, we sum a mix of the last 3 and 4 numbers.
The result is new ratios, that we can double check the utility in our trading system.
As a radical variation of this approach, we can even use the ratios as parameters, without any sequence as reference or to figure out, just find what fits best to our backtesting sample.In this case, take care about your algorithm to compare if the ratios are really in sequence.
Idea 4: Algorithms and Trading Systems based on Chess game strategies (by figurelli)Well, this is not new in this Forum, for some of you, anyway, just to don't forget to put in the ideas history here (also, this is an invite to you participate in this other topic).
Forum on trading, automated trading systems and testing trading strategies
Algorithms and Trading Systems based on Chess game strategies
figurelli, 2014.01.21 14:50
If you like chess, what about a match where you play against the Market?But take care, Market is a Grandmaster as strong as Garry Kasparov and Magnus Carlsen playing together against us!I believe that there are several tatics and strategies from Chess game that can be adapted to a trading system.So I decided create this topic to join some Chess game strategies with trading systems.
I have similar topics in other languages, but they are focused in general games (Portuguese) and soccer (Spanish).
The idea here in this topic is study chess tactics and strategies and find a way to address them to the market.And, why not (my dream), play the first match against the Market in near future !!!
Idea 5: a trading system to join and analyze the Depth of Market of several brokers (by figurelli)
The Depth of Market (DOM) just displays the order book and interest of buyers and sellers of the broker you are connected (if the broker enables this information).
However, what about analyze bids and asks for a particular instrument, at the best prices at the moment, not just for one broker, but for several ones?This is not an easy task and a just one EA trading system, since you have to create the integration system running on several platforms and brokers.Anyway, it's feasible, since we have all technology to do that at MT5.So, the idea is integrating several DOM data from several brokers in one database, and create a trading system to analyse and compare this data to find patterns and trade opportunities.
Idea 6: a very resilient trading system with a random validator to risk/money management tuning (by figurelli)Unfortunately, in MT5, we can not use random data to validate our risk/money management algorithms.
So, as far as I know, all trading systems published here use historical data to validate such algorithms.
But what about creating an internal module in your trading system, using any strategy, to double check your risk/money management in really random conditions?The solution is quite simple, but we have to think outside the box. And to do this, we must forget random data, and change this to random trades.Random trades? Yes, the random validator must generate random trades, that will create the biggest problem to your risk/money algorithms.The main idea is to create two stages of adjustment, as stated below:
Stage 1) Rough-tuning Mode: uses Random Validator that generates random trades to rough-tuning of the risk/money parameters.
Stage 2) Fine-tuning Mode: uses your strategy to generate trades (as usual in all trading systems) to fine-tuning of the risk/money parameters.
In this sense, when you are rough-tuning, you don't use your strategy to generate the trades, just the random validator.After the adjustment, you can now turn the key to your strategy, using the resilient rough-tuning of your risk/money management and make a final fine-tuning.In theory, this trading system can work with any strategy, since the idea here is create a more resilient risk/money management, that maybe is the more relevant part of your system.
Idea 7: a trading system connected to a video game and the other way around (by figurelli)
What about earning money while your son win a video game? ;-)Well, several years ago I had an idea where I imagine a boy playing a race car video game that was connected in some way to the price movements of the market, i.e., to win the race he had to beat the market in somehow. My vision was that this would be someday a reality to extract human intelligence in a different way to solve trading complex work.
I shared this idea some day ago at this pocket topic below, created by arnovinc.
Human computation applied to automated trading; research project now live
arnovinc, 2014.01.21 20:11
Thanks for your comment, race car trading is a great idea !!! I had the same some years ago to turn high frequency trading into a kind of bobsleigh 3D game (I think I still have a small demo somewhere...) Idea was to travel between 2 mountains with a design that follows in real time market books : buyers on the left, sellers on the right and you have to trade with the Joystick (I think you become mad in one hour). Could be based on the game Tux Racer for example (as it is open source)
I just thought again about this idea by testing those 3D glasses http://www.oculusvr.com/ few weeks ago, imagine you can play inside the market itself for high frequency scalping.... (I think you become mad in less than half an hour then).
Krabott trading signal will be provided on MQL5.com signal market place in some weeks (we are currently testing it to check all interfaces). So we will communicate in less than one month on this system.
Thanks for your work as moderator.
Idea 8: human computation applied to automated trading (by arnovinc)
"Human-based computation is a computer science technique in which a machine performs its function by outsourcing certain steps to humans. The algorithmic outsourcing techniques used in human-based computation are much more scalable than the manual or automated techniques used to manage outsourcing traditionally." (source: Wikipedia)
arnovinc, 2014.01.21 15:57
Hi all, Just wanted to share some informations of a trading research project named Krabott that began in 2009 in a french university lab.
Maybe you heard about Fold-it experience in biochemistery . The Fold it project predicts the 3D shape of proteins given their amino acid sequence, using a game. Teams of on-line volunteers with no special knowledge who were invited to play a collective game came up with better solutions to the puzzles than state of the art computer programs. Some people call this a "human computation" process. (see http://fold.it)
Since 2009, I planed to apply the same recipes to automated trading. The aim is to ask players without any financial or technical knowledge, to design new parameters of existing trading strategies. Name of the project is "Krabott". Calculation engine is based on genetic algorithmes HBGA (described by a researcher A.Kosorukoff in 2000). (see http://www.krabott.com)
After 4 years and a PhD on this subject we now are ready to publish as a signal provider a "crowdcomputed" trading signal, only based on work of severals players, thanks to MQL5.com community this may be ready before the end of february. The signal is not an average opinion of several players, but the result of a trading strategy where all parameters are computed by the crowd.
Would be happy to share ideas and knowledge with anyone interested in this field !