Author: Nikolay Kositsin
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
IShift Lite is a lite version of IShift, and it doesn't include the tick chart.
IShift Lite allows:
perform trade operations directly from the depth of market with a "single touch"; automatically place Stop Loss and Take Profit; move position to breakeven; move Stop Loss along the price; automatically calculate the volume of an order depending on a fixed risk level or a fixed margin level.The program includes a visual help system.
Note: the demonstration version downloaded via the "Demo
Prime Scalper EA is uses the strategy based on the breakdown of the most optimize support and resistance levels. Is optimized using real ticks with 99.90% model quality. Uses fixed stop loss and trailing stop of profitable trades in its operation.
This EA works on EURUSD with M30 time-frame. Fully automated trading 24/5. No need in a large initial deposit. No Martingale, No Grid. Always uses Stop Loss to protect capital. Position trailing stop is used. Both
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
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
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
The PZ Day Trading indicator detects reversals in a zig-zag fashion, without repainting or backpainting. Based on breakouts of variable lengths, the indicator uses only price action to pick trades and reacts to the market very fast. The positional accuracy of its signals offers huge opportunity for profits, easily up to 80% winners.
Amazingly easy to tradeChart statistics will help you to optimize your tradingIt works on every single timeframe without fine tuningThe indicator analyzes its own q
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 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 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
This is a panel for controlling the profit/loss in dollars, pips or % of balance. A new function for trailing profits has been implemented.
The panel can be used as a virtual Stop Loss or Take Profit.
It also features the emergency button - CLOSE ALL.
You can also try the full version of the VirtualTradePad for mt5 panel, as well as the Profit or Loss for mt4 panel
Other versions in this collection:
VirtualTradePad for mt5 Digit Market Time Pad Market Time Pad Scalper PadMain f
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
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
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
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
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
Times & Sales is a famous (and old!) trading tool. However, it is not present in MetaTrader 5 as a built-in tool.
DeltaTrader now presents this indicator for MetaTrader! It has the following characteristics:
Two flag modes: FOREX and EXCHANGE
FOREX: black color: last price = 1-Minute opening price / blue color: last price < 1-Minute opening price / green color: last price > 1-Minute opening price. EXCHANGE: black color: last price = between quotes / blue color: last price = bid price / gre
Informer for VPS - report on the state of your account via e-mail. Useful for controlling your Expert Advisors that run on a VPS or a dedicated computer. Information about open positions and last deals for a day, week, month or year grouped by currency pairs.
Adjustable periodicity of reports and depth of deals included in the report. A possibility to add own comment to each report. You will receive reports on e-mail with specified periodicity: from 15 minutes to once a day. The reports are se
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
This product is similar to Tick volume analizer Expert Advisor, however it is implemented as an indicator. Release of this product is stipulated by the fact, that it is not possible to run two EAs in the same window.
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, an
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.
Professional Constrictor Expert Advisor follows the market using the Parabolic Stop and Reverse system indicator. At each Parabolic SAR indicator signal, a position is opened in the direction approaching the indicator. In case of an opposite signal, a new position closing the previous one is opened (in other words, positions are opened and closed partially). Thus, the EA constantly follows the price.
The EA has been designed for working in the flat market. It features a critical drawdown, at wh
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.
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
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 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 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 economic calendar is made in the form of an Expert Advisor that downloads the data from one of the most popular Forex sites (forexfactory.com/calendar.php). The data is presented in two ways. The first (primary) is represented as icons with detailed information about the event. The second is displayed as a line with a news description. Economic Calendar downloads published news in real mode with the possibility to adjust the spacing of data validation and user-friendly customizable graphical
The Spread 2 Pair indicator visualizes moments of two instruments' convergence (collapse) start. Signals are not delayed so you can timely enter and exit the market.
This indicator is developed for pairs trading and creation of your own trading system based on difference in movements of trading instruments.
Unlike most of multi-currency indicators, the Spread Pair indicator does not load CPU, calculations are immediately performed, it is non-redrawable.
Settings of every currency pair provi
The Expert Advisor uses the strategy of trading the Fibonacci levels. As the basis for placing a grid, the EA uses the ZigZag indicator (included in the standard MetaTrader delivery).
First, the EA determines the trend direction. To do that, according to the Dow theory, it uses the last two Highs and last two Lows of the ZigZag.
If the last High is higher than the previous and the last Low is higher than the previous, the EA considers the trend to be ascending. If the last High is lower
Forum on trading, automated trading systems and testing trading strategies
Indicators: Pivot Lines TimeZone
newdigital, 2013.10.30 12:57
Pivot Points Technical Indicator
newdigital, 2014.01.30 11:06
How to Use Forex Yearly Pivot Points to Forecast Euro Targets (based on dailyfx article)
While most traders are familiar with daily, weekly, and even monthly
pivots which fit their type of trading, yearly pivots can also be used
to forecast future potential support and resistance areas. Buying at or
near a significant area of support and selling at a key area of
resistance is the main focus of any trader no matter what the market or
the duration traded. Yearly pivots can be monitored for those key
As you can clearly see in the Euro chart above, forex yearly pivots have been plotted. Notice how the Euro rallied up to the R2 pivot and turned around sharply falling over 600 pips in February. Another significant area that can be easily seen showing the power of
yearly pivots is the triple touch of the R1 yearly pivot at 1.2910. The
third and final touch led to over a 600-pip rally back to the R2 yearly
pivot to close out 2013 up over 4%.
Could forex yearly pivots show traders the next move in the Euro? In the
chart above the 2014 yearly pivots are plotted on the EURUSD chart. The
year is just getting started and the great thing about yearly pivots is
only having to draw them once a year! EURUSD is trapped between the
central pivot at 1.3461 and R1 at 1.4177. As at the time of this
writing, the Euro has not tested either pivot. However, forex traders
may be waiting for a move down to the central pivot (1.3461) for a move
back toward the R1 (1.4177) yearly pivot resistance.
Alternative scenario is for the Euro to make an immediate run for it up
to the R1 level. At R1 pivot resistance, traders may look to take profit
on their longs and/or short the Euro at this level. However, a close
above R1 could lead to a move higher to the R2 pivot (1.4610). Traders
should also consider the possibility of a close below the central pivot
that could lead to a prolonged down push to the S1 (1.3028) level.
Forex traders who scalpers, position or swing traders can make use of
yearly pivots to locate key areas of support and resistance. Look for
future articles on other currency pairs that lay out the yearly pivot
‘landscape’ to help you navigate the forex market.
Indicators: Fibonacci retracement
newdigital, 2013.11.21 12:06
Fibonacci Retracements (based on stockcharts article)
Fibonacci Retracements are ratios used to identify potential reversal
levels. These ratios are found in the Fibonacci sequence. The most
popular Fibonacci Retracements are 61.8% and 38.2%. Note that 38.2% is
often rounded to 38% and 61.8 is rounded to 62%. After an advance,
chartists apply Fibonacci ratios to define retracement levels and
forecast the extent of a correction or pullback. Fibonacci Retracements
can also be applied after a decline to forecast the length of a counter
trend bounce. These retracements can be combined with other indicators
and price patterns to create an overall strategy.
This article is not designed to delve too deep into the mathematical
properties behind the Fibonacci sequence and Golden Ratio. There are
plenty of other sources for this detail. A few basics, however, will
provide the necessary background for the most popular numbers. Leonardo
Pisano Bogollo (1170-1250), an Italian mathematician from Pisa, is
credited with introducing the Fibonacci sequence to the West. It is as
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610……
The sequence extends to infinity and contains many unique mathematical properties.
1.618 refers to the Golden Ratio or Golden Mean, also called Phi. The
inverse of 1.618 is .618. These ratios can be found throughout nature,
architecture, art and biology. In his book, Elliott Wave Principle,
Robert Prechter quotes William Hoffer from the December 1975 issue of
….the proportion of .618034 to 1 is the mathematical basis for the
shape of playing cards and the Parthenon, sunflowers and snail shells,
Greek vases and the spiral galaxies of outer space. The Greeks based
much of their art and architecture upon this proportion. They called it
the golden mean.
Retracement levels alert traders or investors of a potential trend
reversal, resistance area or support area. Retracements are based on the
prior move. A bounce is expected to retrace a portion of the prior
decline, while a correction is expected to retrace a portion of the
prior advance. Once a pullback starts, chartists can identify specific
Fibonacci retracement levels for monitoring. As the correction
approaches these retracements, chartists should become more alert for a
potential bullish reversal. Chart 1 shows Home Depot retracing around
50% of its prior advance.
The inverse applies to a bounce or corrective advance after a decline.
Once a bounce begins, chartists can identify specific Fibonacci
retracement levels for monitoring. As the correction approaches these
retracements, chartists should become more alert for a potential bearish
reversal. Chart 2 shows 3M (MMM) retracing around 50% of its prior
Keep in mind that these retracement levels are not hard reversal points.
Instead, they serve as alert zones for a potential reversal. It is at
this point that traders should employ other aspects of technical
analysis to identify or confirm a reversal. These may include
candlesticks, price patterns, momentum oscillators or moving averages.
The Fibonacci Retracements Tool at StockCharts shows four common
retracements: 23.6%, 38.2%, 50% and 61.8%. From the Fibonacci section
above, it is clear that 23.6%, 38.2% and 61.8% stem from ratios found
within the Fibonacci sequence. The 50% retracement is not based on a
Fibonacci number. Instead, this number stems from Dow Theory's assertion
that the Averages often retrace half their prior move.
Based on depth, we can consider a 23.6% retracement to be relatively shallow. Such retracements would be appropriate for flags
or short pullbacks. Retracements in the 38.2%-50% range would be
considered moderate. Even though deeper, the 61.8% retracement can be
referred to as the golden retracement. It is, after all, based on the
Shallow retracements occur, but catching these requires a closer watch
and quicker trigger finger. The examples below use daily charts covering
3-9 months. Focus will be on moderate retracements (38.2-50%) and
golden retracements (61.8%). In addition, these examples will show how
to combine retracements with other indicators to confirm a reversal.
Chart 3 shows Target (TGT) with a correction that retraced 38% of the
prior advance. This decline also formed a falling wedge, which is
typical for corrective moves. The combination raised the reversal alert.
Chaikin Money Flow turned positive as the stock surged in late June,
but this first reversal attempt failed. Yes, there will be failures. The
second reversal in mid July was successful. Notice that TGT gapped up,
broke the wedge trend line and Chaikin Money Flow turned positive (green
Chart 4 shows Petsmart (PETM) with a moderate 38% retracement and other
signals coming together. After declining in September-October, the stock
bounced back to around 28 in November. In addition to the 38%
retracement, notice that broken support turned into resistance in this
area. The combination served as an alert for a potential reversal.
William %R was trading above -20% and overbought as well. Subsequent
signals affirmed the reversal. First, Williams %R moved back below -20%.
Second, PETM formed a rising flag and broke flag support with a sharp
decline the second week of December.
Chart 4 shows Pfizer (PFE) bottoming near the 62% retracement level.
Prior to this successful bounce, there was a failed bounce near the 50%
retracement. The successful reversal occurred with a hammer on high
volume and follow through with a breakout a few days later.
Chart 5 shows JP Morgan (JPM) topping near the 62% retracement level.
The surge to the 62% retracement was quite strong, but resistance
suddenly appeared with a reversal confirmation coming from MACD
(5,35,5). The red candlestick and gap down affirmed resistance near the
62% retracement. There was a two day bounce back above 44.5, but this
bounce quickly failed as MACD moved below its signal line (red dotted
Fibonacci retracements are often used to identify the end of a
correction or a counter-trend bounce. Corrections and counter-trend
bounces often retrace a portion of the prior move. While short 23.6%
retracements do occur, the 38.2-61.8% covers the more possibilities
(with 50% in the middle). This zone may seem big, but it is just a
reversal alert zone. Other technical signals are needed to confirm a
reversal. Reversals can be confirmed with candlesticks, momentum indicators, volume or chart patterns. In fact, the more confirming factors the more robust the signal.
newdigital, 2014.06.13 07:43
Traders can use the Fibonacci tool available in most trading platforms
to define the move, and then levels at the proper intervals of .236,
.382, .500, .618, and .786 can be drawn in. So, when prices move down to
the .236 line, we can say that 23.6% of that trend has been retraced.
Or if prices move down the .618 level, 61.8% of the trend has been