Author: Nikolay Kositsin
SafeZone is a method for setting stops on the basis of recent volatility, outside the level of market noise. It is described in "Come into my Trading Room" book.
In a downtrend, SafeZone defines noise as the portion of the current bar that extends above the high of the previous bar, against the downtrend. It averages the noise level over a period of time and multiplies it by a trader-selected factor.
For short trades, it adds the average noise level, multiplied by a factor, to the latest hig
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.
Trend Laser with Volt Impulse
Strategy: Confirm impulsive signals Watch Video: (Click Here)Trend Laser with Energy Beam
FourAverage: A Breakthrough in Trend Identification
With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal.
Can a single indicator show the right direction of the future price, without changing its parameters over 14 years' history, while at the same time
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.
Scalper with Automatic Parameter Setting
Would you like to have an Expert Advisor that could automatically calculate trade parameters and adjust to the current market situation?
We present you our new development for the Forex market. This is a tick scalper for МТ4 and МТ5 - TickSniper.
Trading with it is fully automated. Forget continuous monitoring - this Expert Advisor trades independently. Its settings have been optimized over the course of testing on our real accounts.
PipTick VSA is based on the original Volume Spread Analysis method. It was designed for quick and easy recognition of VSA patterns. Even though this indicator looks very simple, it is the most sophisticated tool that we've ever made. PipTick VSA indicator is a really powerful analytical tool that generates very reliable trading signals. Because it is very user friendly and understandable, it is suitable for every type of trader, regardless of his experience.
What is VSA?
VSA - Volume Spread An
Are you a swing trader? The PZ Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversals. The indicator studies several price and time vectors to track the aggregate trend direction and finds situations in which the market is oversold or overbought and ready to correct.
Profit for market swings without getting whipsawed The indicator displays the trend direction at all times A colored price band represents the opportunity baseline C
The Expert Advisor places pending orders above the high fractal and below the low fractal on the distance of "The point of creating order". When one of the orders triggers, the second is removed. Depending on the parameter "The number of orders in the series" the Expert Advisor works in two ways:
"The number of orders in the series" = 1
It is a breakthrough Expert Advisor. If the fractal broken through upwards, buy with fixed TakeProfit and StopLoss. If the fractal is br
The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions".
The indicator detects and marks the following trade signals:
"Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer".The indicator includes a signal block th
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
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 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
Purpose and functions of the indicator
The indicator determines and marks the moments of trend change on a chart based on the theory of fractal levels breakdown on any time frames. If a breakdown based on all rules is real, the horizontal lines will appear on the chart with corresponding color. If there is an up trend, the line will be blue. In the descending trend the line will be red. The blue line is a strong support level, the trader should look for buying opportunities above this line. The
The indicator displays a market profile of any duration in any place on the chart. Any number of profiles can be set within one open chart. Simply create a rectangle of required length on the chart and this rectangle will be automatically filled by the profile. Change the size of the rectangle or move it - the profile will automatically follow the changes.
The indicator works on every timeframe available in the terminal, but, depending on the current period, it uses the hist
TTMM – "Time To Make Money" – Time When Traders Makes Money on the Stock Exchanges
The ТТММ trade sessions indicator displays the following information:
Trade sessions: American, European, Asian and Pacific. (Note: Sessions are displayed on the previous five days and the current day only. The number of days may change depending on the holidays - they are not displayed in the terminals. The sessions are also not displayed on Saturday and Sunday).
The main trading hours of
VirtualTradePad is a panel for managing main orders in МetaТrader 5: Buy, Sell, Buy Stop, Buy Limit, Sell Stop, Sell Limit, Close, Delete, Modify, Trailing Stop.
This version is for informational purposes. Analyzing the main trade strategies using 10 indicators and 8 timeframes, the panel draws signal direction.
This pane is a part of the VirtualTradePad series that took 2-nd place in the Best Graphic Panel.
A free of charge demo version - VirtualTradePad Lite.
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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 trade strategy is based on three moving averages. To determine the trend, it uses three exponentially smoothed moving averages: FastEMA, MediumEMA and SlowEMA.
Buy signal: FastEMA>MediumEMA>SlowEMA (upward trend).Sell signal: FastEMA<MediumEMA<SlowEMA (downward trend).Input parameters:
Inp_Signal_ThreeEMA_FastPeriod = 8;Inp_Signal_ThreeEMA_MediumPeriod = 38;Inp_Signal_ThreeEMA_SlowPeriod = 48;Inp_Signal_ThreeEMA_StopLoss = 400;Inp_Signal_ThreeEMA_TakeProfit = 900;Inp_Money
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
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
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 indicator has standard settings. The new modification of indicator provides special marking of the segment when the moving averages begin to form a cross in one direction or another. The Alligator`s cross indicates that the trend is about to change. Modified Alligator helps traders to determine a trend on a particular timeframe even if the averages are intertwined and have a shift in the future. Direction of a trend is determined by a cross of the averages with a specified marking area on th
Cluster analysis is now available in MetaTrader 5!
YuСlusters indicator builds a cluster graph based on tick data. For exchange instruments it is the volume and the last deal price, for Forex instruments it is the real or tick volume (depends on broker) and selectable type of the current price: Bid, Ask or (Bid+Ask)/2.
There are 5 criteria of cluster generation: Time interval, the criterion is set in seconds. Price range, the criterion is set in points. The current cluster is closed when the
Trading Chaos Expert Lite is a light version of Trading Chaos Expert. In the Lite version it is not possible to receive the table of trading signals, automatically place pending orders based on them and maintain open positions for multiple symbols at the same time in one window. Only the Current Chart mode is available. In all other features the panel is fully consistent with the basic version of the Expert Advisor.
This is, rather, a well thought out trader's assistant which is not easy to do
The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals:
The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line.The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line. The
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 Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
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 combining cross rates of individual currency pairs.
The advantages of the strategy are the following:
This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs.
Interacting with additional signal indicators that mark the chart to give a real mar
The indicator calculates the actual status of your position on FORTS market. Since your position is re-calculated after each clearing on FORTS and other futures markets, you can see the status of your position on the chart and in the "Profit" section only starting from the last re-opening (clearing). The indicator solves this issue by displaying the level of the very first deal opening, the actual profit, swaps, and commissions. The product is most useful for mid-term and long-term deals on FORT
Forum on trading, automated trading systems and testing trading strategies
Indicators: Stochastic Oscillator
newdigital, 2013.10.09 07:23
Pinpointing Forex Trend Trade Entries with Stochastics
By far, traders who trade in the direction of the predominant daily
trend have a higher percentage of success than those who trade the
counter trend. One of the biggest attractions of the Forex market it is
characterized by long trends that afford traders the potential to make
hundreds of pips if they have timed their entries with precision and
used protective stops to limit risk.
But How Can Traders Find Where to Enter with a Risk for Maximum Gain?
The mantra, “the trend is your friend until it ends,” can be found in
many trading books, but it seems that many forex traders have not made
the trend their friend and in some cases, the trend has become the
enemy. Rather than being on the receiving end of those pips afforded to
traders who have correctly entered the trend, many traders have been on
the “giving” end of the trade losing pips while fighting the trend.
As people have turned to online dating services to meet their ideal
match, forex traders can turn to stochastics as a way of making the
trend the their friend again.
In an uptrend on a daily chart, stochastics %K and %D lines moving below
the horizontal ‘20’ reference line and coming back above the 20 line
indicates that the profit-taking correction is coming to an end. The
stochastic crossing up also tells us that buyers are beginning to enter
the market again. In addition, this shows that there is good support.
How to Trade the Trend Using Stochastics
Patience is the name of the game when attempting to trade with the
trend. Getting into the trend too early can expose traders to large
drawdowns. Getting in too late reduces the amount of profit before the
swing is completed.
Use the stochastics indicator to find that “Goldilocks” entry of not too
early and not too late. Once a strong uptrend is found, wait for
stochastics with the settings of 15, 5, 5 to move into the oversold
region below the 20 horizontal reference line. Next, wait for the %K and
%D lines to move back above the 20 line. Enter long with a stop placed a
few pips below the last low. Set a limit for at least twice the size of
Once in an uptrend position, traders will attempt to squeeze as much
profit as possible. Traders usually take profits on their open position
or trail stops once stochastics moves into the overbought region. It is
important to note that a forex currency pair can continue to make new
highs even though stochastics is in the overbought region.
So next time you see a trend and you do not know how to make it your
“friend”, let the stochastics indicator introduce you! Once these swings
are highlighted by stochastics, stop placement becomes easier as well.
stochastics crossovers in an uptrend can help you pinpoint your entries
to join the major trend.
Indicators: Stochastic Oscillator Blau_TS_Stochastic
newdigital, 2014.01.22 12:58
How to Trade with Stochastic Oscillator (based on dailyfx.com article)
Stochastic is a simple momentum oscillator developed by George C. Lane
in the late 1950’s. Being a momentum oscillator, Stochastic can help
determine when a currency pair is overbought or oversold. Since the
oscillator is over 50 years old, it has stood the test of time, which is
a large reason why many traders use it to this day.
Though there are multiple variations of Stochastic, today we’ll focus solely on Slow Stochastic.
Slow stochastic is found at the bottom of your chart and is made up of
two moving averages. These moving averages are bound between 0 and 100.
The blue line is the %K line and the red line is the %D line. Since %D
is a moving average of %K, the red line will also lag or trail the blue
Traders are constantly looking for ways to catch new trends that are
developing. Therefore, momentum oscillators can provide clues when the
market’s momentum is slowing down, which often precedes a shift in
trend. As a result, a trader using stochastic can see these shifts in
trend on their chart.
Momentum shifts directions when these two Stochastic lines cross.
Therefore, a trader takes a signal in the direction of the cross when
the blue line crosses the red line.
As you can see from the picture above, the short term trends were
detected by Stochastic. However, traders are always looking for ways to
improve signals so they can be strengthened. There are two ways we can
filter these trades to improve the strength of signal.
1 - Look for Crossovers at Extreme Levels
Naturally, a trader won’t want to take every signal that appears. Some
signals are stronger than others. The first filter we can apply to the
oscillator is taking cross overs that occur at extreme levels.
Since the oscillator is bound between 0 and 100, overbought is
considered above the 80 level. On the other hand, oversold is considered
below the 20 level. Therefore, cross downs that occur above 80 would
indicate a potential shifting trend lower from overbought levels.
Likewise, a cross up that occurs below 20 would indicate a potential shifting trend higher from oversold levels.
2 - Filter Trades on Higher Time Frame in Trend’s Direction
The second filter we can look to add is a trend filter. If we find a
very strong uptrend, the Stochastic oscillator is likely to remain in
overbought levels for an extended period of time giving many false sell
We would not want to sell a strong uptrend since more pips are available in the direction of the trend.
Therefore, if we find a strong uptrend, we need to look for a dip or
correction to time a buy entry. That means waiting for an intraday chart
to correct and show oversold readings.
At that point, if Stochastic crosses up from oversold levels, then the
selling pressure and momentum is likely alleviated. This provides us a
signal to buy which is in alignment with the larger trend.
Something Interesting to Read April 2014
newdigital, 2014.04.14 20:48
Theory Of Stochastic Processes : With Applications to Financial Mathematics and Risk Theory
This book is a collection of exercises covering all the main topics in
the modern theory of stochastic processes and its applications,
including finance, actuarial mathematics, queuing theory, and risk
The aim of this book is to provide the reader with the theoretical and
practical material necessary for deeper understanding of the main topics
in the theory of stochastic processes and its related fields.
The book is divided into chapters according to the various topics. Each
chapter contains problems, hints, solutions, as well as a self-contained
theoretical part which gives all the necessary material for solving the
problems. References to the literature are also given.
The exercises have various levels of complexity and vary from simple
ones, useful for students studying basic notions and technique, to very
advanced ones that reveal some important theoretical facts and
This book is one of the largest collections of problems in the theory of
stochastic processes and its applications. The problems in this book
can be useful for undergraduate and graduate students, as well as for
specialists in the theory of stochastic processes.