This is the thread about books related for stocks, forex, financial
market and economics. Please make a post about books with possible cover
image, short description and official link to buy (amazon for example).
Posts with links to unofficial resellers will be deleted
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
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
This is an extended version of Heiken Ashi indicator with the ability to average (smooth) the values for the specified period of bars and select the applied price: considering "Open price" or not. The description is provided in the parameters. Three screenshots are displayed below: standard version (1 bar), 3 bars and 5 bars.
МetaTrader 4 version: https://www.mql5.com/en/market/product/7326
The indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable.
How It Works
It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" f
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
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
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
ROMAN5 Bollinger Bands TrailingStop includes BreakEven facility. TrailingStop automatically moves the Stop Loss with the Bollinger Bands level. You can place ROMAN5 Bollinger Bands TrailingStop in any chart. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5.
Bollinger Bands Parameters:
BB Period - The averagin
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
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 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
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
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
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 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.
The indicator plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on the price (on the chart time frame as specified in the settings). Given the age of the
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 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
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.
Exit Signals are NOT to be used in entering a trade!
Exit means closing your trades to avoid correction/reversal which can wipe out existing
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
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
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
This oscillator was developed exclusively by xCalper in 2015 based on moving averages calculations to indicate and try predicting oversold and overbought levels.
The fast line (white, by default) oscillates basically between values -0.5 (oversold) and +0.5 (overbought). Whenever this line crosses upward value -0.5, it means an oversold price level. When it crosses downward value +0.5, it means an overbought price level. When fast line crosses value 0.0 and returns, it is a strong pull-back indi
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
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
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
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 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
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
Forum on trading, automated trading systems and testing trading strategies
Something Interesting to Read October 2014
newdigital, 2014.10.14 13:57
By Eric Schmidt and Jonathan Rosenberg
Google Executive Chairman and ex-CEO Eric Schmidt and former SVP of
Products Jonathan Rosenberg came to Google over a decade ago as proven
technology executives. At the time, the company was already well-known
for doing things differently, reflecting the visionary--and frequently
contrarian--principles of founders Larry Page and Sergey Brin. If Eric
and Jonathan were going to succeed, they realized they would have to
relearn everything they thought they knew about management and business.
Today, Google is a global icon that regularly pushes the
boundaries of innovation in a variety of fields. HOW GOOGLE WORKS is an
entertaining, page-turning primer containing lessons that Eric and
Jonathan learned as they helped build the company. The authors explain
how technology has shifted the balance of power from companies to
consumers, and that the only way to succeed in this ever-changing
landscape is to create superior products and attract a new breed of
multifaceted employees whom Eric and Jonathan dub "smart creatives."
Covering topics including corporate culture, strategy, talent,
decision-making, communication, innovation, and dealing with disruption,
the authors illustrate management maxims ("Consensus requires
dissension," "Exile knaves but fight for divas," "Think 10X, not 10%")
with numerous insider anecdotes from Google's history, many of which are
shared here for the first time.In an era when everything is
speeding up, the best way for businesses to succeed is to attract
smart-creative people and give them an environment where they can thrive
at scale. HOW GOOGLE WORKS explains how to do just that.
Something Interesting to Read December 2013
newdigital, 2013.12.17 12:45
How to Make Money in Stocks by William O’Neil
This is a classic by William O'Neil, describing the ins and outs of his
CANSLIM system for finding future big winners in the stock market and
how to time entries and exits. It combines fundamental and technical
analysis and is a good guide for new investors.
Trade Mindfully: Achieve Your Optimum Trading Performance with Mindfulness and "Cutting Edge" Psychology
Overcome psychological obstacles to increase trading success Successful
traders need to be well-versed and skilled in a wide range of business
and economic areas. But now, in addition to effective trading strategies
and sound money management techniques, traders need to possess the
know-how to handle the mental and emotional challenges of working in a
highly volatile environment. Excellence in Trading is a unique
resource that applies cutting-edge psychological techniques to trading
skills, allowing readers to improve their mental outlooks and maximize
the potential of their trading strategies. This book draws upon recent
psychological research in behaviorism to teach new approaches that call
for better focus, more confidence, and more positive perspectives and
outcomes. One of the key concepts covered in the book is mindfulness, a
state of mind traditionally touted in the East for its ability to reduce
stress and increase perspective, useful qualities for traders looking
to rise above emotional obstacles and the poor results they cause. The
author also discusses the importance of High Value Trading Actions
(HVAs), specific actions that are under a trader's control. With this
guide, trading professionals will be able to form solid strategies based
on a combination of these notions and practices, leading to higher
levels of trading performance. Applies sound psychological practice and
evidence-based research to the trading profession Covers the
psychological perspectives and mental skills needed to succeed in
today's trading world Focuses on key concepts that lead to deliberate
practice, specific trading activities, and increased awareness and focus
Designed to help traders deal with the emotional challenges that come
with uncertainty and risk Excellence in Trading touches on the most
essential concepts for anyone intrigued by what trading psychology has
to offer, and delivers the best strategies for achieving the right
mental skills for peak performance.
But there's more. You can do it
all by yourself. You can do it with low risk. You can do it without
making any predictions, and you can do it by following, step by step, a
time-tested, proven "magic formula" that uses only common sense and two
simple concepts. Best of all, once you are convinced that it really
works you can choose to do it for the rest of your life.
A runaway bestseller even before it was published, The Little Book That Beats the Market
shows how successful investing can be made easy for investors of any
age. It's never too early or too late to start investing, and with
Greenblatt as your guide you'll know exactly where to go and what to do.
By following the clearly outlined simple steps and magic formula, you
can achieve extraordinary long-term investment results with a very low
level of risk.
William J. O'Neil
The Wall Street Journal, New York Times, BusinessWeek, and USA Today Business Bestseller!
From the publisher of Investor's Business Daily and best-selling author of How to Make Money in Stocks, comes the National Bestseller, 24 Essential Lessons for Investment Success,
two dozen of the most important lessons for investors. In this one
accessible guide, William J. O'Neil puts his popular and easy-to-follow
techniques for building a profitable portfolio firmaly in the hands of
investorsand the goal of long-term financial security easily within
24 Essential Lessons for Investment Success is based upon the closely followed "26 Weeks to Investment Success" editorials that appear in Investor's Business Daily.
Edited and updated, O'Neil's timeless advice encapsulates such
investing nuggets as buy high and sell higher to making a million in
mutual funds. Concentrate your investments in a few areas, know them
well, and watch them carefully.
Don't just rely upon PE ratios
and other common technical tools. Learn to use Relative Price Strength
to help you choose stocks. O'Neil's cautionary yet pro-active advice has
helped to make Investor's Business Daily one of America's
fastest growing and most respected newspapers. Now investor's can
benefit from his timeless words of wisdom, collected in one easy-to-use
by John Boik
From the author of three market books published by McGraw-Hill, Lessons From the
Greatest Stock Traders of All Time was chosen by Barron's as one of the
top 25 Best Books of 2004. A former stockbroker and currently a
financial controller, his second book was released in April 2006 titled
How Legendary Traders Made Millions.
Learn how to generate profit, from history's most celebrated traders including William J. O'Neil, Jesse Livermore, and others.
In How Legendary Traders Made Millions,
award-winning investment author and historian John Boik has created the
first book to put the strategies of history's top traders in one place.
Revealing how each trader took advantage of distinct market situations,
it details the hands-on specifics of each trade as well as the
economic, political, and stock market environments in which the strategy
Lessons from the Greatest Stock Traders of All Time
The trading strategies of legends Jesse Livermore, Bernard Baruch, Gerald Loeb, and more provide ways to triumph in the market
bookshelves are so laden with Johnny-come-lately experts, eager to sell
their knowledge to any and all, that it's sometimes hard for traders to
know which way to turn or whom to trust. Lessons from the Greatest Stock Traders of All Time
makes the choice simple, examining the careers of five traders--Jesse
Livermore, Bernard Baruch, Gerald Loeb, Nicolas Darvas, and Bill
O'Neil--who, more than any others over the past century, demonstrated
tremendous success at conquering Wall Street.
technique-filled book presents numerous ways in which the timeless
strategies of these investing icons can be used to tame today's
high-speed, unforgiving marketplaces. Comparing and contrasting the
successes--and occasional failures--of these five giants of finance, it
How to Trade In Stocksby
The Success Secrets of a Stock Market Legend
Livermore was a loner, an individualist-and the most successful stock
trader who ever lived. Written shortly before his death in 1940, How to Trade Stocks
offered traders their first account of that famously tight-lipped
operator's trading system. Written in Livermore's inimitable,
no-nonsense style, it interweaves fascinating autobiographical and
historical details with step-by-step guidance on:
this new edition of that classic, trader and top Livermore expert
Richard Smitten sheds new light on Jesse Livermore's philosophy and
methods. Drawing on Livermore's private papers and interviews with his
family, Smitten provides priceless insights into the Livermore trading
formula, along with tips on how to combine it with contemporary charting
techniques. Also included is the Livermore Market Key, the first and
still one of the most accurate methods of tracking and recording market
What happens when ordinary people are taught a system to make extraordinary money?
Dennis made a fortune on Wall Street by investing according to a few
simple rules. Convinced that great trading was a skill that could be
taught to anyone, he made a bet with his partner and ran a classified ad
in the Wall Street Journal looking for novices to train. His
recruits, later known as the Turtles, had anything but traditional Wall
Street backgrounds; they included a professional blackjack player, a
pianist, and a fantasy game designer. By the time the experiment ended,
Dennis had made a hundred million dollars from his Turtles and created
one killer Wall Street legend.
In The Complete TurtleTrader,
Michael W. Covel tells their riveting story with the first ever
on-the-record interviews with individual Turtles. He shows how Dennis's
rules worked—and can still work today—for any investor with the desire
and commitment to learn from one of the greatest investing stories of
Michael W. Covel
Discover the investment strategy that works
in any market. The one strategy that works in up and down markets, good
times and bad.
Simple charts and instructions help you use Trend Following no matter where the market goes next.
Includes new profiles of top Trend Followers who’ve kept right on profiting through the toughest markets.