EES V Speed:
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
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
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.
This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
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
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
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 a half scalping system that analyzes the market using a transmission function and price movement speed.
This Expert Advisor is intended for trading on EURUSD, however it can run on other currency pairs. Please use the M1 timeframe.
You should optimize only two parameters: Seconds_to_move and TradePrice. It is sufficient to optimize Bobra Adept only once, for example, for a half year period. After that, Bobra Adept shows good results on a forward period (or backward in my case). This ca
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
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
The iTicksChart allows you to create custom tick charts. It is suitable not only for trading but also for analysis of tick history. Each missed or ambiguous tick is fixed and displayed on the chart. Experts, indicators, graphical objects can be used for technical analysis.
Advantages and Features
runs and works at any open chart window (called "base chart" further on in this document); looks like a common chart after launching (see Screenshots); history quality is monitored - each missed o
This is a highly accurate, universal, multitimeframe instrument for traders following supply and demand levels.
Each chart candle is in fact a cluster – the smallest unit of market data on a price movement and a volume/effort put into this movement. The combination of these clusters (the chart itself), as well as different combinations of clusters on various timeframes provide sufficient data for analysis.
The indicator displays peak levels of activity formed by the maximum volume, tracks the
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
My Money Manager like a risk controller, which places your trades with the exact volume that meets your desired stop loss risk.
It can also help you to preview your EP/SL/TP levels before placing an order by dragging these levels directly on a chart, and keep reporting about them during the position opening.
With this tool, you will feel more comfortable when deciding to open orders, as well as forecasting your profit/loss with your orders. Placing orders is a very precise and profe
The indicator has been designed for use on FORTS, but it can also work on other markets, at brokers broadcasting the required data.
A peculiarity of these data is that they cannot be requested from the broker's server as a section of history, but can only be obtained for the current moment.
The indicator periodically requests the broker, collects to a file and displays the following history from the stored file:
The weighted average price. The volume of buy orders. The volume of sel
The Sane Reversal indicator is one of the leading oscillators. The signals are generated early, unlike in other indicators which give the signal after the price goes far away in either direction. The indicator displays the price reversals using arrows with high accuracy. The arrows appear on the zero bar and do not flicker of disappear regardless of the market volatility, which allows to trade effectively with short stop losses:
the Buy signal - white arrow on the bar Low,the Sell signal - red
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
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 Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol.
Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time.
The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation.
The main feature of this indicator is its fast algorithm. The speed of calculation of the polynomial algorithm and its standard deviation values is several thousand times faster than conventional algorithms. So this is a convenient algorithm for use without the need to apply supercomputers.
Beginning with the version 1.4
This indicator has been created by a former hedge-fund employee and it automatically identifies when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is pre-loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.
Remember: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widely used by institutional traders to identify potential revers
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
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 marke
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
Ermou Street rather than an expert or an indicator is a all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance.
First, you should watch the video. Then here's some explanation:
By default, attaching Ermou Street to a chart, you’ll get:
A panel Signals: buy (default b
This indicator incorporates the volume to inform the market trend. A warning system (chart, SMS and e-mail) is incorporated for warning when a certain level is exceeded.
Developed by Marc Chaikin, Chaikin Money Flow (CMF) measures the amount of Money Flow Volume (MFV) over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back
This script help user record the value of Moving Average and OHLC at the moment once deals happen.
The datas save as .CSV format file so you can quantitative analysis someone's trading.
Please input value of MA's parameters you like. It tells you the path of data file when script is stopped.
FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
It is designed 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 automatically. The robot does not open n
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
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Ty
This is an interesting indicator and I am looking at it more. I did have some problems with it drawing correctly after loading... I'm new to coding but it looks to me that the temp buffer has the wrong index set. I think it should be 2 rather than 1... I changed it on my copy and it worked OK for me.
Forum on trading, automated trading systems and testing trading strategies
Something Interesting in Financial Video May 2014
newdigital, 2014.05.22 10:30
Strategy Video: Strategy For Low and Extreme Volatility Conditions
Volatility readings slid to extreme lows this past session - implying a
correction in activity levels and markets may soon be at hand. From the
equities-based VIX, a slide between 12 percent draws us to levels only
seen two other times in the past seven years. Readings in FX and other
financial assets have sported similar elevations. Our natural
inclination is to project a reversal to match the magnitude of our
current extremes. However, that eventual systemic change may take time
and numerous false starts. There are more immediate opportunities for
oscillations in activity levels. We look at this situation from a short,
medium and long-term perspective while also highlighting the different
trade options through the scale in today's Strategy Video.
VIX & VXN Volatility Indexes
The $VIX is the 30-day annualized implied volatility of the S&P 500 Index
Options. In addition, the $VXN is the 30-day annualized implied volatility of
the Nasdaq 100 Index Options. When markets crash or move downward quickly, put
options become popular. Traders bid up the price of these put options, which
manifests itself as an increase in the implied volatility level; thus an
increase in the $VIX and $VXN index. The basic relationship between stock and
index prices and the $VIX and $VXN is presented next:
This basic relationship is summed up by a famous traders' saying: "When the
VIX is high it's time to buy; when the VIX is low it's time to go."
The following chart of the S&P 500 exchange traded fund (SPY), top half
of chart, shows the inverse relationship between it and the $VIX Volatility
Index, bottom half of chart:
Notice how an uptrend in the price of the S&P 500 is accompanied by a
downtrend in the level of the $VIX.
The next chart of the Nasdaq 100 exchange traded fund (QQQQ) shows how great
buying opportunities are when the $VXN spikes higher:
When the $VIX or $VXN spike (usually they both spike during the same periods)
buy. If history repeats itself, which it has done often, buying $VIX and $VXN
spikes has proven quite profitable. Nevertheless, the Mutual Fund mantra
applies: "Past performance is not indicative of future performance".
3 Reasons Volatility Might Increase (adapted from Forbes article)
Where art thou volatility? Not here, nor there, but soon to revive, me
thinks. Volatility in risk markets is simply the measurement of
variation in prices which is often calculated over certain time periods
and against the idea of a normal distribution. The most important
markers are historical (statistical) volatility and implied volatility.
Historical volatility is a retrospective measurement of actual pricing
variations whereas implied volatility is the theoretical price of an
asset taking into account actual prices, historical volatility, a time
component and the risk free rate within a pricing model such as the
Black-Scholes model. Both historical and implied volatility have
recently declined to cycle lows in many asset classes. The consensus
call is for continued calm waters and a potential further decrease in
volatility. The consensus call for tame volatility may be
underestimating three potential drivers to higher volatility this year:
rising inflation and Federal Reserve policy, a taper tantrum and
The most popular measure of market volatility in the US is the CBOE
Market Volatility Index (the “VIX”) which is also known rather ominously
as the “fear gauge.” The VIX measures a weighted average of the
implied volatility of a wide range of S&P 500 options with a 30 day
maturity. Quite simply, the VIX is the implied volatility of the
S&P 500 and is frequently thought of as the market’s broad
expectation of volatility over the next 30 day period. The VIX has been
on a downward trajectory since 2010.The VIX has an audience across asset classes as it can give insight into
the short term biases and leanings of US equity market participants.
To be clear, the VIX is one tool to measure perceived volatility and
although a high VIX or an upward trend is most often the result of a
declining equity market, the gauge can increase as well when call
holders refuse to sell options absent a larger premium. Thus, the VIX
can be a measure of upside or downside moves with higher numbers
representing the anticipation of sharper moves. Somewhat ironically,
there are many instances where higher VIX prices correlate strongly to
higher prices in the S&P 500 as the fear dissipates and markets
The VIX and other measurements of volatility have continued to trend
down for many reasons including the fact that the world’s central banks
have maintained highly accommodative monetary policies. The European
Central Bank has just announced a program of direct asset purchases
including the cessation of the “sterilization” of their current markets
program. Moreover, secondary central banks like the Bank of Mexico have
cut rates in an effort to spur higher inflation. Assuming a direct
correlation between liquidity and volatility, all of these programs
should act as a governor to higher volatility. Other reasons offered to
explain the calmness in markets include exceedingly low trading volumes,
range bound markets, recently improving economic data and fewer
economic surprises, the transparency of corporate reporting, and the
perception that there is no immediate catalyst to drive volatility
Although the trend in volatility is clearly downwards, current
complacency should not be mistaken for a permanent drift to lower levels
without significant bumps higher and mini-reversals within the trends.
Once again, investors are putting their faith into central banks which
are doing the one thing that they ostensibly know how to do and have
done continuously since 2008 – providing ever increasing amounts of
liquidity. To be sure, the ultimate effect of non-traditional monetary
policy is unknown and the Federal Reserve and the Bank of England are
poised to withdraw some of their stimulus in the medium term. Already,
markets are pricing in rate hikes in the US for mid-2015 yet doing so
without increased volatility. It is reasonable to suggest that the
greatest risk to increased volatility and general market stability may
be a mismatch between Federal Reserve policies, the expectations of the
bond market and microeconomic data. This triumvirate of fast friends
may find itself in an increasingly uncomfortable alliance should US
inflation data significantly or unexpectedly increase. Admittedly,
higher US inflation in a world currently exporting deflation to US
shores is not likely to result in the sustained kind. However, the
prospect of Chair Yellen attempting to explain away asymmetric inflation
readings as transitory should push up volatility in the bond market.
There is also sensibility in remembering that monetary policy changes
frequently take longer to translate to market prices than assumed. It is
quite possible that the lingering effects of central bank liquidity
will not be felt as a primary cause of higher volatility but rather a
second derivative premised upon some otherwise routine market upheaval.
When long positions are longer and short positions are shorter, based
upon liquidity rather than fundamentals, the correlation between
liquidity and volatility cited as calming the markets may cut both ways.
Increased liquidity may provide for smooth markets at the outset but
higher levels of risk may creep upon casually disciplined risk managers
and with it the miasma of higher volatility.
Another reason that volatility could creep higher is the possibility of a
“taper tantrum” over the final end of Quantitative Easing. As an
analogue one need only to look at the increase in volatility as measured
by the VIX after QE2 ended in June of 2011.The Federal Reserve’s “stock versus flow” argument will be put to the
ultimate test assuming tapering continues apace and QE ends toward the
end of 2014.
Volatility may also temporarily and dramatically increase due to
unexpected geopolitical events. There is a mini civil war in Ukraine
right now and it threatens to draw European powers into supporting a
proxy contest for Eastern Ukraine between Russia and the West. While
Europeans go about deciding where to holiday this summer, the conflict
in Ukraine is likely to remain in a sort of pressure cooked stasis. Once
the weather turns cold and natural gas for heating is no longer an
abstraction the conflict in Ukraine will either resolve quickly or find
another gear. Beyond Ukraine, nuclear negotiations with Iran continue to
simmer, China and Japan yap at each other and Assad kills off his
critics in Syria. Any of these issue may cause a spike in volatility and
to expect all of these issues to transpire exactly as a game planned
seems rather naïve.
It is true that volatility has decreased. The CBOE Commitments of
Traders Report for VIX futures shows a significant net long position for
financial players confirming the bias to groupthink towards
increasingly lower volatility. This tendency towards anticipating ever
decreasing or steadily low volatility flies in the face of the fact that
the VIX currently trades at a 45% discount to its longer term
historical price average of $20. The odds of a temporary spike in
volatility are very good over the remainder of the year and a reversal
to slightly higher trend volatility is especially plausible should
microeconomic conditions warrant even a slight rethink of monetary
policy scenarios. To profit from volatility, is usually to buy it when
it is not needed, rather than when the consensus theory is
“unexpectedly” being pilloried and volatility is exploding higher.