One of the versions of the regression channel in MetaTrader 5.
The Regression Channel consists of two lines, which are equally distant up and down from the regression trend line. The distance between the borders of the channel and the regression line is equal to the deviation of the maximum Close price from the regression line.
Fast Copy MT5 allows you 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
MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4
* For the MetaTrader 4 terminal — Fast Copy MT4
* For the MetaTrader 5 terminal — Fast Copy MT5
** Before the purchase, you can test the program by downloading the free demo versions — Fast
The indicator is designed for easy construction of synthetic charts based on data of various financial instruments. It will be useful both arbitrage and pair trading, as well as for analysis purposes. Its main advantage is simplicity and clarity. Each chart is given as a common mathematical formula. For example, if you want to plot the spread (difference) between EURUSD and GBPUSD with coefficients 4 and 3, then set the following formula:
EURUSD * 4 - GBPUSD * 3
The resulting chart is shown in
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
Create your own list of trading instruments Watch list* and combine it with several open charts Link **.
Using this program, a user can create fully-fledged Watch lists, create and delete trading instruments and move through the list.
A selected symbol shows charts in linked windows. Linked windows can have different periods, indicators, experts, trading panels, etc...
Moving through his/her Watch list, a trader an see the full image of his/her strategy in all windows.
A lot of traders use 1
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
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.
All traders using VSA realize the importance of the volume. Unfortunately, tick and spot volumes are not suitable for these purposes.
I have conducted mathematical calculations and managed to trnsform the price into the volume that is close to the futures one by its ratios. Now, you do not have to wrestle with the question of where to obtain the volume data. Besides, you will be able to use the currency pairs having no futures at all. With RealVolume, you do not need to remember data on each ti
Volume is an important indicator in combination with price movements.
Volumes Overaverage Notifier informs you when activity is entering the market.
This indicator is able to notify you via push notifications, alerts, sounds and emails when it is recognizing rising volume above a customizable level.
The volumes histogram is divided and colored in 4 different parts - low, normal, high and ultrahigh volume levels.
Low volume zones are drawn as a rectangle into the chart.
How to Use
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
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.
The 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 a
EA PENDING ORDER bars
All the strongest movements occur only during the news. However, it also happens that the news on one currency pair influences other currencies, though no news was released for them. For this Expert Advisor, I do not use news lists or indicators (which are late anyway). The principle of the Expert Advisor operation is quite simple.
EA Pending Оrder bars places BUYSTOP and SELLSTOP pending orders at the distance equal to the arithmetic mean value of the last bars' height o
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.
FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
It is similar to SAFE Automatic robot intended for traders having no knowledge of trading basics. It works in Low, Medium, High and Extremal trading modes.
The EA applies modified versions of well-known strategies, including Elliott waves, following a trend, half-pyramiding, scalping, speculative trading with a double deposit protection. The EA switches the strategies automati
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
Three variables are available for every strategy, any one of them can be disabled, their period can be changed.
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
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
Find Shoulder-Head-Shoulder chart patterns easily with this indicator.
Easy to use Customizable colors and sizes It implements breakout signals It implements alerts of all kinds
Indicator Settings - The amplitude represents the size of the patterns to be found. The max. history bars parameter is the amount of bars in the chart to look back.
Less bars to evaluate means the indicator will load faster. Patterns - Choose the colors of the patterns. Breako
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
Does not support openning multiple 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 Butt
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
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.
It's designed to support multi-protection and trailing strategy: Protect by break-even, protect by percentage, protect by pip, p
This is the Famous Timing Indicator
You can now use the most famous Timing indicator on the planet.
Millionaire Mostafa Belkhayate earned his reputation by using this specific indicator to validate the entry signals supplied by his also famous Center of Gravity indicator on the Forex market. I spent hours, days, weeks to decrypt the formula and now it is finally available to you.
New and Unique for MetaTrader 5
Timing will give you perfect validations for your entry signals. It is the first
Monitoring and Trend Analysis
This product shows the trend strength levels based on 16 standard indicators, time periods and currency groups.
Depending on the current trend, the indicator colors change from green to red, allowing you to see the full picture.
Whatever your trading method and strategy are, you should always know, in which direction you are trading and what the probability of the trend change is. This indicator will help you answer these questions by calculating the
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
This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5.
It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes t
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
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
Cluster analysis of volumes is now available in MetaTrader 5!
The YuСlusters indicator is a professional tool for analyzing the trading volumes. The cluster graph is plotted based on tick data. For the exchange financial instruments these are the volume, type and price of a deal. For the Forex instruments - the real or tick volume (depending on the broker) and Bid price.
There are 6 criteria of cluster generation:
Time interval, the criterion is set in seconds. Price range, the criteri
Forum on trading, automated trading systems and testing trading strategies
Indicators: Donchian Channel
newdigital, 2014.01.18 07:34
How to use Donchian Channels (adapted from dailyfx article)
The Forex market is known for its strong trends, which can make trading
breakouts of support and resistance levels an effective approach to the
markets. To plan for such market conditions, today we will review a three step breakout strategy using the Donchian Channels.
Find the Trend
The first step to trend trading is to find the trend! There are many
ways to identify the trends depicted below, but one of easiest is
through the use of the 200 period MVA (Moving Average). To begin add
this indicator to your chart, and then see if price is above or below
the average. This is how we will determine the trend and our trading
Given the information above, traders should look for opportunities to
buy the EURJPY in its current uptrend as price is above the average. As
well, the AUDNZD pictured below offers selling opportunities since the
pair is priced under the 200 period MVA. Once we have this information,
then we can plan entry placements for a potential breakout.
Trading Donchian Channels
Donchian Channels are a technical tool that can be applied to any chart.
They are used to pinpoint current levels of support and resistance by
identifying the high and low price on a graph, over the selected number
of periods. For today’s strategy we will be using 20 periods meaning
that the channels will be used to identify the 20 day high and low in
Since the price of the EURJPY is trading above the 200 MVA, traders will
want to identify new entries to buy the pair on a breakout towards
higher highs. With our current 20 Day high identified by the Donchian
Channels at 145.68 traders can set an entry to buy the EURJPY one pip
above this value.
The process of initiating sell positions in a downtrend is exactly the
opposite. Again, we will revisit the AUD/NZD Daily graph pictured below.
As price is below the 200 MVA, traders will look to sell the pair in
the event of price creating a new 20 Day low. Currently that low resides
at .8775 and traders can look to initiate new sell positions under that
Setting Risk & Trailing Stops
When trading any strategy, setting stops and managing risk should be
considered. When using Donchian Channels, this process can be
simplified. Remember how our pricing channels (representing the 20 Day
high or low), act as an area of support or resistance? In an uptrend,
price is expected to move to higher highs and stay above this value. If
price moves through the bottom channel, representing a new 20 Day low,
traders will want to exit any long positions. Conversely in a downtrend,
traders will want to place stops orders at the current 20 period high.
This way, traders will exit any short positions upon the creation of a
Traders may also use the Donchian Channels as a mechanism to trail their
stop. As the trend continues, traders may move their stop along with
the designated channel. Trailing a stop in this manner will allow you to
update the stop with the position, and lock in profit as the trend
newdigital, 2014.01.18 07:39
After reading this article (above) - you/we can open D1 chart, attached Donchian Channel indicator (see first post of this thread), attach MA with the period 200/method simple.apply to close (this indicator is default one in Metatrader 5) - and we can make some practics (when market will be open). You should have the similar charts after attaching those 2 indicators:
After that - re-read this above article using your Metatrader charts.
That's all news
newdigital, 2013.10.14 14:40
Price Channels is a helpful technical analysis indicator to determine buy and
sell signals based on price breakouts.
The user-defined time period is generally 20 periods. To further illustrate
how a price channel is created a chart of the Nasdaq 100 ETF (QQQQ) is shown
Price Channels are used mainly to identify price breakouts. The buy and sell
signals are shown below in the chart of the QQQQ's:
Buy when price closes above upper bands. This is like buying a breakout above
resistance, the resistance just happens to be whatever the highest high was of
the past 20 trading days.
Sell when price closes below lower bands. This would be like selling a
breakout below support, but the support in this case is whatever the lowest low
was of the previous 20 trading days.
Price Channels offer an easy to follow method of buying and selling stocks,
futures, or currency pairs.
PriceChannel Parabolic system
newdigital, 2013.03.22 14:04
PriceChannel Parabolic system
PriceChannel Parabolic system basic edition
Latest version of the system with latest EAs to download
How to trade
The settingas for EAs: optimization and backtesting
GoMarkets broker, initial deposit is 1,000
Alpari UK broker initial deposit is 1,000
RoboForex broker initial deposit is 1,000