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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.
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 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 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
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
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
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
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
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
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
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
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
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
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 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 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 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
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
HWAFM (the harmonic wave analysis of the financial markets)
Harmonic trading involves searching for certain price patterns (specimens) and Fibo numbers in order to define highly probable price reversal points. The method is based on the assumption that trade patterns or cycles repeat themselves just like in real life. The main objective is to identify these patterns, as well as position entries/exits. The analyzer is based on a high degree of probability, which is confirmed by the price movemen
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
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
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 difference from the standard ZigZag indicator is the following: instead of calculating new extremum points based on the number of bars, it uses the distance between the high and the low to calculate the extremum points. In addition, this distance is calculated dynamically on default and depends on price fluctuations for a selected period and the multiplier. The distance can be set as a fixed number.
In addition, it displays the reversal line, reaching which the previous extreme point is fix
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 indicator of support and resistance levels. A very good helper, fits any style of trading. It has a lot of parameters for adjustment.
The Intraday Momentum Index (IMI) is a technical indicator that combines aspects of Candlestick Analysis with the Relative Strength Index (RSI).
The Intraday Momentum Index indicator concept remains similar to RSI and includes the consideration for intraday open and close prices. The IMI indicator establishes a relationship between a security open and close price over the duration of a trading day, instead of how the open and close prices vary between different days. As it takes into considerat
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 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
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
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
Trades About To Happens : A Modern Adaptation Of The Wyckoff Method
While Richard Wyckoff's search to develop a "trained judgment" for
trading began decades ago, his method—which has been modified to account
for changes in market conditions, but remains true to his original
work—continues to draw great interest from traders around the world.
Author David Weis is a trader and market analyst with nearly forty years
of experience in this field. A recognized authority on the trading
methods of Richard Wyckoff, he understands how to utilize the principles
behind Wyckoff's work and make effective trades with them. And now,
with Trades About to Happen, he skillfully reveals how to adapt
Wyckoff's techniques to excel in today's volatile markets.
Engaging and accessible, this reliable resource looks at Wyckoff's
approach from a more modern perspective and shows how you can logically
interpret bar charts and wave charts to find trades about to happen. By
studying the chart examples in this book, you'll gain tremendous insight
into reading what markets are saying about themselves and develop the
ability to locate turning points of different degrees. Page by page,
Weis facilitates your learning by:
Along the way, Weis introduces the adaptations he has made to Wyckoff's
original tape-reading tools—which are better suited for the enormous
volatility of today's stock and futures markets—and can be applied to
intraday and daily price movement.
When it comes to Wyckoff analysis, it's easy to forget that the world of
chart reading is not black or white, but gray. One has to have an open
mind rather than a fixed, pre-conceived ideal. Trades About to Happen
will help you achieve this goal as you discover how to develop the feel
and intuition of a successful trader and become better equipped at
adapting the Wyckoff method to today's dynamic markets.
Cycle Analytics For Traders : John F Ehlers
Cycles are a unique kind of trading analytics, being one of the few
types of market data that can be accurately measured. But understanding
what the cycles mean and which trades to make based on them is an
extremely complex process. Cycle Analytics for Traders is a technical
resource for self-directed traders that explains the scientific
underpinnings of the filters and indicators used to make effective and
profitable trading decisions. Rather than simply using cycle analytics
on blind faith, this book explores and explains the how and why of
Though technical in nature, Cycle Analytics for Traders emphasizes
simplicity rather than mathematical purity, taking a pragmatic
real-world approach to attaining effective trading results. It allows
traders to think of indicators and trading strategies in the frequency
domain as well as their motions in the time domain, letting them select
the most efficient filter lengths for the job at hand. Traders with
little mathematical background will learn how to assess general market
conditions to their advantage while technically astute traders will be
able to create indicators and strategies that automatically adapt to
measured market conditions using the computer code described here.
Additionally, author John Ehlers explains several vital concepts all
traders should understand: how to eliminate or use Spectral Dilation to
their advantage; how to use Automatic Gain Control to normalize
indicator amplitude swings; the fact that all indicators are statistical
rather than absolute; how to use advanced cookbook filters; several
different methods for estimating market spectra and sifting out the
Dominant Cycle; and how to use transforms to improve the display and
interpretation of indicators.
Cycle Analytics for Traders shows traders how to approach trading as a
statistical process that should be judged from the long-term view,
rather than a small sample set of just a few trades—no matter how
profitable those few are. With this practical and informative book as a
guide, any trader can master cycle analytics, letting statistics and
science light the way to long-term trading success.
by Nicolas Darvas and Steve Burns
How did a world-famous dancer with no knowledge of the stock market, or
of finance in general, make 2 million dollars in the stock market in 18
months starting with only $10,000? Darvas is legendary, and with good
reason. In this new edition: How I Made $2,000,000 in the Stock Market:
Now Revised & Updated for the 21st Century Steve Burns uses his
experience to offer explanations as to why the methods are still
reliable. Updating a classic book is a monumental task. The basic
philosophy of the writer cannot be changed. Steve Burns approach this
work with the eye of a master restorer who looks at a classical painting
that is being refurbished. He carefully studied the text to bring
Nicolas Darvas wisdom into the twenty-first century. Steve Burns
illuminate the dramatic changes in the market to show how Nicolas Darvas
principles are more useful now than ever.
The Complete Guide to Day Trading: A Practical Manual From a Professional Day Trading Coach
by Markus Heitkoetter
Do you want to be a day trader? Every day, millions of dollars
change hands in the markets, presenting the perfect opportunity for
people just like you to make significant money and profits through the
art of day trading.
But here's the question: is day trading right for you? And, if it is, how do you get started?
In his new three-part guide, professional day trading coach Markus
Heitkoetter lays out a simple, proven system for trading success. From
the basic essentials of trading to the actual process of making money in
the markets, he'll cover it all.
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.
by Alexander Elder
Trading for a Living Successful trading is based on three M's: Mind,
Method, and Money. Trading for a Living helps you master all of those
MQL5 Cookbook: Developing a Framework for a Trading System Based on the Triple Screen Strategy
Forum on trading, automated trading systems and testing trading strategies
Something Interesting in Financial Video July 2013
newdigital, 2013.07.16 08:14
In order to trade successfully people need a trading plan which is
designed before entering a trade and becoming part of the crowd so they
can fall back on their plan when the emotions which are associated with
being part of a crowd inevitably arise. Successful traders must also
realize that there is a time to run with the crowd and a time to leave
the crowd, a decision which must be made by a well thought out trading
plan designed before entering a trade.
by Thomas R. Demark
From the Foreword by John J. Murphy "DeMark's work as a consultant has
been restricted to large institutions and many of the legendary traders
in the world today. By sharing his creative ideas with us, as well as
his passion for precision and improvement, Tom DeMark's emphasis on the
'new science' of technical analysis helps push the technical frontier
another step forward. With the unprecedented attention now being paid to
technical analysis, this new book couldn't have come at a better time." -John J. Murphy, bestselling author of Technical Analysis of the
Futures Markets and Intermarket Technical Analysis, and technical
analyst for CNBC
"This book is filled with innovative, creative, and
clever new ideas on technical analysis. Tom DeMark has done a wonderful
job of turning subjective techniques into objective strategies and
tactics." - Courtney Smith President and CIO Pinnacle Capital
Management, Inc. "Those who know him and his work call him the
consummate technician--a trading system developer without peer." - Futures magazine "DeMark is the ultimate indicator and systems guy. No
one touches him. I know the Holy Grail of trading systems doesn't exist
because if it did, Tom would have found it by now." - James Bianco
Director of Arbor Trading "Tom DeMark is a genuine leader who has been
behind-the-scenes until now. Publishing DeMark is a coup." - Ralph Vince
author of The Mathematics of Money Management
Quantitative Trading: How to Build Your Own Algorithmic Trading Business (Wiley Trading)
While institutional traders continue to implement quantitative (or
algorithmic) trading, many independent traders have wondered if they can
still challenge powerful industry professionals at their own game? The
answer is "yes," and in Quantitative Trading, Dr. Ernest Chan, a
respected independent trader and consultant, will show you how. Whether
you're an independent "retail" trader looking to start your own
quantitative trading business or an individual who aspires to work as a
quantitative trader at a major financial institution, this practical
guide contains the information you need to succeed.
Use popular chart patterns profitably
In his follow-up to the well-received Encyclopedia of Chart Patterns,
Thomas Bulkowski gives traders a practical game plan to capitalize on
established chart patterns. Written for the novice investor but with
techniques for the professional, Trading Classic Chart Patterns includes
easy-to-use performance tables, vivid case studies, and a scoring
system that makes trading chart patterns simple. This comprehensive
guide skillfully gives investors straightforward solutions to profitably
trading chart patterns. Trading Classic Chart Patterns also serves as a
handy reference guide for favorite chart patterns, including broadening
tops, head-and-shoulders, rectangles, triangles, and double and triple
bottoms. Filled with numerous techniques, strategies, and insights,
Trading Classic Chart Patterns fits perfectly into any pattern trader's
Thomas N. Bulkowski (Keller, TX), an active investor since 1981, is the
author of the highly acclaimed Encyclopedia of Chart Patterns as well as
numerous articles for Technical Analysis of Stocks & Commodities.
Trained as a computer engineer, Bulkowski worked for over a decade at
Tandy Corporation. Prior to that, he worked on the Patriot air defense
system for Raytheon.
New technology and the advent of around the clock trading have opened
the floodgates to both foreign and domestic markets. Traders need the
wisdom of industry veterans and the vision of innovators in today's
volatile financial marketplace. The Wiley Trading series features books
by traders who have survived the market's ever changing temperament and
have prospered-some by reinventing systems, others by getting back to
basics. Whether a novice trader, professional or somewhere in-between,
these books will provide the advice and strategies needed to prosper
today and well into the future.