Sorry for the newbie question - but if I have an EA attached to a chart (e.g. MACD sample EA on EUR-USD chart) with autotrading turned on, and then I close the chart - is the EA still running in the background? Or does the EA stop once I close the chart?
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. Full instruct
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. Trading Strategy 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
This is a forward-looking indicator for trading on all instruments. An advanced version of Bollinger Bands indicator created by outstanding analyst John Bollinger. One of the main differences of Super Bollinger Bands indicator from its predecessor consists in displaying upper and lower ribbons behavior on the middle line with some specific colors. Thus, the indicator gives a trader some visual information about trend development at the moment, and not in the past, as majority of other indicators
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
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
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 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.
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. How to 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
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. Demo versions: VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
This is the first public MQL5 indicator using the cluster filtering. The advanced smoothing effect allows the digital filter to transform an ordinary moving average into a new faster indicator providing fewer false signals. At least, that is the purpose of the new experimental project. The project stages and ClusterSMA features are described in the author's blog (in Russian). The indicator is based on the cluster digital filter that is successfully used in another area. At the time of publicati
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
Parameters 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
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. Usage: Run the script on a chart. Input Parameters: Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
The indicator 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. Indicator Parameters 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
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
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
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
This is an optimized version of MACD. If the indicator color is red, it is recommended to sell. Crimson color indicates a forthcoming reverse. If the color is light green, it is recommended to sell. Dark green color indicates a forthcoming reverse.
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
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 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
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 Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter, which, unlike the ClusterSMA, is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) and
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
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
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 Pz Oscillator is a very smooth and responsive accelerometer which provides a lot of useful information and detects divergences automatically. It is a great trading confirmation and can be used to identify the trend direction and strength. It has been designed as a complement for our trading tools. Trend Direction The oscillator plots two moving averages to display the trend direction. If the fast moving average is above the slow moving average, the market is during an uptrend and long trad
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels. Main Purposes 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
The Expert Advisor for increasing (or opening) market positions. Allows specifying the desired risk, target and searching for the best open price and trade volume. It is included in the ActivePanel product.