Paramon Trading System
The history of the development.
is username of the trader who created this system long time ago for
Metatrader 3 (Metatrader 4 and Metatrader 5 did not exist in that time -
it was very long time ago). Paramon named his system Paramon Scalping
(but as we see - it is not real scalping). He did not use any indicators
and he traded just price action only using M5 timeframe charts (MT3).
on - the other traders created indicators for MT3 and MT4 to use this
system (Maksigen indicators or/and Paramon indicators) just because they
could not trade live without any indicator (having just price only on
the chart). For now - Paramon indicators were converted to MT5.
Paramon is legendary person and he was the first trader in our Metatrader world who started to trade breakout systems live on real account without any indicators placed on the chart.
We should always remember the people who were the first.
How to Trade and Free to Download
Paramon Trading system Part #1 (download indicators and template)
Paramon Trading system Part #2 (How to Trade)
Paramon Trading system Part #2 continuing (Pending order execution and stop loss placing)
Paramon Trading system Part #2 continuing (moving the stop loss by the trailing stop)
Paramon Trading system Part #2 continuing (Breakeven)
This is interesting indicator based on RSI: RSICandleV2 - indicator for MetaTrader 5
The RSI indicator is in the form of a candle with indication
breakdown overbought and oversold zones. Candles are obtained from
processing algorithm RSI respective price timeseries. In many
situations, for the analysis of this approach may be more informative.
If the candle is growing High above the overbought level, it turns a
dark blue color if the growing candle crosses the oversold level or top
concerns, it also will be her dark blue color. Similarly to reverse
falling candle bright red color. In other cases, the color of pale
Interesting EA: Multicurrency Expert - expert for MetaTrader 5
The trading strategy implemented in this Expert Advisor was tested during the Championship in 2012.
Forum on trading, automated trading systems and testing trading strategies
How to Start with Metatrader 5
Sergey Golubev, 2016.09.19 07:15
About NN and AI.
1. The Articles
Using Neural Networks In MetaTrader
Creating Neural Network EAs Using MQL5 Wizard and Hlaiman EA Generator
Neural Networks Cheap and Cheerful - Link NeuroPro with MetaTrader 5
Price Forecasting Using Neural Networks
Neural Networks: From Theory to Practice
Third Generation Neural Networks: Deep Networks
Artificial Intellegence optimized by Pramod Baviskar - expert for MetaTrader 4
Artificial Intellegence - expert for MetaTrader 4
Are you coder? If yes so look at this interesting thread:
Hello Smart - expert for MetaTrader 5
Hello Smart Advisor averages losing positions. BuySell
trade direction is selected in the settings. Further, if the price does
not go in our favor, the adviser opens averaging warrant constant volume
Lot, after the specified distance in points Step. When the expert won positions volume BigLot, the initial lot is increased by Mnogitel factor. When the profit Profit or Loss loss in the deposit currency, the position is closed. All operations expert performs at the opening of the candles.
This is the interesting indicator: FFC - Forex Factory Calendar - indicator for MetaTrader 4
This is a modified version of the popular news indicator FFCal which was published initially by DerkWehler
to ForexFactory forum. Actually, I've modified the code to suit my
needs but I found that it may be useful for others as well so I decided
to share it. I have rewritten the indicator so you can consider it
almost "build from scratch" of the original. Yet, it shares the same
techniques and main style.
Sergey Golubev, 2016.04.27 07:21
You can :
This is very simple explanation - Supply and Demand
Free to Download: Shved Supply and Demand - indicator for MetaTrader 4
a few questions
Sergey Golubev, 2016.09.26 19:30
Just some versions from CodeBase:
Chandelier Exit - indicator for MetaTrader 4
Sergey Golubev, 2016.09.26 19:33
Chandelier Exit (from the StockChart article)
"Developed by Charles Le Beau and featured in Alexander Elder's books,
the Chandelier Exit sets a trailing stop-loss based on the Average True
Range (ATR). The indicator is designed to keep traders in a trend and
prevent an early exit as long as the trend extends. Typically, the
Chandelier Exit will be above prices during a downtrend and below prices
during an uptrend."
Chandelier Exit (long) = 22-day High - ATR(22) x 3 Chandelier Exit (short) = 22-day Low + ATR(22) x 3
"The Chandelier Exit formula consists of three parts: a period high or
period low, the Average True Range (ATR) and a multiplier. Using the
default setting of 22-periods on a daily chart, the Chandelier exit will
look for the highest high or lowest low of the last 22 days. Note that
there are 22 trading days in a month. This parameter (22) will also be
used to calculate the Average True Range."
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