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
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
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
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 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
Fisher Kuskus is an indicator used by scalpers on low timeframes like M1.
The Fisher Kuskus is now available on MetaTrader platform.
Inputs of the indicator are:
Period: period to be used for calculation of the indicator PriceSmoothing: value of 0.0 to 0.99 IndexSmoothing: value of 0.0 to 0.99The indicator can be used with any Forex pair. It can also be used with other classes of assets, like Equities, Commodities, Futures.
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.
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
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
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 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
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
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 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
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
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
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 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
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
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 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.
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
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 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
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 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
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 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
Forum on trading, automated trading systems and testing trading strategies
Discussion of article "The Implementation of Automatic Analysis of the Elliott Waves in MQL5"
Sergey Golubev, 2014.03.13 09:39
Keys to Investor Success - Elliott Wave Theory (based on thetechnicaltraders article)
Elliott Wave Theory - Plenty of people will freely offer you
advice on how to spend or invest your money. “Buy low and sell high,”
they’ll tell you, “that’s really all there is to it!” And while there is
a core truth to the statement, the real secret is in knowing how to
spot the highs and lows, and thus, when to do your buying and selling.
Sadly, that’s the part of the equation that most of the advice givers
you’ll run across are content to leave you in the dark about.
The reality is that no matter how many times you are told differently,
there is no ‘magic bullet.’ There is no plan, no series of steps you can
follow that will, with absolute certainty, bring you wealth. If you
happen across anyone who says otherwise, you can rely on the fact that
he or she has an agenda, and that at least part of that agenda involves
convincing you to open your wallet.
In the place of a surefire way to make profits, what is there? Where can
you turn, and what kinds of things should you be looking for?
The answers to those questions aren’t as glamorous sounding as the
promises made by those who just want to take your money, but they are
much more effective. Things like careful, meticulous research. Market
trend analysis. Paying close attention to extrinsic factors that could
impact whatever industry you’re planning to invest in, and of course,
Elliott wave theory. If you’ve never heard of the Elliott wave, you owe
it to yourself to learn more about it.
Postulated by Ralph Nelson Elliott in the late 1930’s, it is essentially
a psychological approach to investing that identifies specific stimuli
that large groups tend to respond to in the same way. By identifying
these stimuli, it then becomes possible to predict which direction the
market will likely move, and as he outlined in his book “The Wave
Principle,” market prices tend to unfold in specific patterns or
The fact that many of the most successful Wall Street investors and
portfolio managers use this type of trend analysis in their own decision
making process should be compelling evidence that you should consider
doing the same. No, it’s not perfect, and it is certainly not a
guarantee, but it provides a strong framework of probability that, when
combined with other research and analysis, can lead to consistently good
decisions, and at the end of the day, that’s what investing is all
about. Consistently good decision making.
For many, its not practical to employ Elliott Wave analysis with
individual stocks and trading, but it can be done with experience.
Knowing when to enter and exit a position whether your time frame is
short, intermediate, or longer… can often be identified with good
Elliott Wave Theory practices. Your results and your portfolio will
Something Interesting to Read March 2014
Sergey Golubev, 2014.03.13 09:30
Ralph Nelson Elliott
The Elliott Wave Principle is a form of technical analysis that some
traders use to analyze financial market cycles and forecast market
trends by identifying extremes in investor psychology, highs and lows in
prices, and other collective factors. Ralph Nelson Elliott, a
professional accountant, discovered the underlying social principles and
developed the analytical tools. He proposed that market prices unfold
in specific patterns, which practitioners today call Elliott waves, or
simply waves. Elliott published his theory of market behavior in this
book "The Wave Principle". Elliott stated that "because man is subject
to rhythmical procedure, calculations having to do with his activities
can be projected far into the future with a justification and certainty
Expert Advisors: ElliottWaveMaker 3.0
Sergey Golubev, 2013.10.19 12:21
How to Understand the Three Building Blocks for Trading Elliott Wave
Putting the market in context for you is of great help. For starters, if
you know a market that has recently been in a strong trend is
correcting, you can look for a resumption of the prior trend to enter at
a favorable price. Also, you can look to see if the pattern is starting
to break down to see if the prior trend has exhausted itself, and look
to either take profits or enter a new trade in the direction of the new
Understand the Basic Pattern
The picture above is a mock-up that shows the progression of markets as
seen in Elliott Wave. As you can see, the market is often broken up by
strong trends and minor moves against the trend. The with-trend moves
are known as impulse or motive waves and the counter trend moves are
known as correction.
Another key aspect of Elliott Wave is that trends are fractal. Simply
put, that means that each impulsive wave can be broken down into 5
smaller waves and each correction can be broken into 3 smaller segments
of a counter-trend move. However, it’s often not overly necessary to
label every single aspect of the wave.
How to Understand Corrections vs. Impulses in Markets
As illustrated above, the trend or impulse unfolds in 5-waves whereas
corrections unfold often in a 3-wave pattern. You’ll often hear Elliott
wave fans discussing trading based on 5-s & 3-s and that is because
they identify the trend and countertrend moves based on the unfolding of
a move in 5 & 3-wave patterns.
Furthermore, in understanding the basic 5-wave impulse or trend, you can
be on the lookout for a 3-wave correction or developing correction. The
purpose of looking for a correction is that as the trend resumes, you
can look for the correction to be losing steam so that you can enter at a
good price. What many traders who are unfamiliar with Elliott wave
often end up doing is chasing the price or enter on the extension of the
trend right before the correction begins. This causes them to get
stopped out because they did not understand the context of the market
and current trend when they entered the trade.
When looking at the 5-wave pattern and 3-wave correction to get context,
you can see how the breaking down of GBPUSD has us looking for a
correction to continue. Therefore, I’m taking the context as provided by
Elliott Wave to get a better feel for GBPUSD. Once this corrective move
to the downside completes, then I can look for a buy on a resumption of
the overall trend to higher prices.
If you’re not trading GBPUSD, you can take a look at the chart you’re
trading and see if you can identify any 5-wave or 3-wave structures.
That will help you grab a context of the current market so that you can
look for the maturity of the current trend or ideally the exhaustion of
the correction. After you’ve identified a current market as ready to
resume the trend, you can then look to Fibonacci numbers in order to see
where the market is likely go to go as according to Elliott Wave.
How to Understand Fibonacci In Relation To Wave Development
“When R.N. Elliott wrote Nature’s Law, he explained that the Fibonacci
sequence provides the mathematical basis of the Wave Principle”
-Elliott Wave Principle, Frost & Prechter pg. 91
Once you’ve been able to get context for the current trend, you can then
look to Fibonacci numbers in order to find price objectives within
Elliott Wave. In other words, the reason why Elliott Wave traders often
utilize Elliott Wave is because you can have definitive levels as to
where the correction may end with Fibonacci Retracements. Furthermore,
you can have price objectives by utilizing the Fibonacci Expansion tool.
One key thing to note when utilizing Fibonacci retracements within
Elliott Wave is that there are levels to watch out for but rarely a
level that the market must hit. Therefore, you want to focus on price
action near levels like the 61.8% on a wave 2 and a 38.2% on wave 4. If
you see a lack of conviction past these levels then you can look to a
resumption of the overall trend off of these levels.
In terms of price objectives, you can use the Fibonacci expansion tool.
The expansion tool takes three points on the chart to project the
exhaustion of the next impulse. The most-commonly used targets are the
61.8%, 100% & 161.8% expansion. This simply means that this impulse
is either 61.8%, 100% or 161.8% of the prior wave and simply shows you
the progression and strength of the current trend.
Elliott can be a headache if you worry about labeling every wave and
every correction. Instead, I’d recommend focusing on the big picture. In
other words, are we in an impulse or a correction? More importantly, if
we’re in a correction that’s about to be exhausted, where can we enter
on the resumption of the trend?
Sergey Golubev, 2013.12.15 14:24
Elliott Wave (based on thetechnicaltraders article)
Every investor has seen the odd phenomena of stocks going down when
there is good news about the stock or conversely stocks going up when
there is bad news about the stock. Is there a system that can be used
to help analyze these trends and to be able to then predict stock
trends? The answer is yes, and one possibility is Elliot Wave Theory.
Elliot Wave Theory examines how groups of individuals react en
masses to things in their environment and the psychological reasons for
such reactions. Elliot Wave Theory then groups those reactions into
predictable patterns or ‘waves. Once you have identified a particular
trigger, you can then predict the coming waves and how groups will
behave in accordance to those waves.
Elliot Waves: mini waves make up bigger waves
The key component of Elliot Wave Theory are the Elliot Waves
themselves. Several mini Elliot Waves will make up one bigger wave. The
bigger wave is known as a fractal. Fractals can then be grouped together
to create an even larger wave showing a complete trend based one
Elliot Wave Predictions
The stock market is an excellent vehicle to use Elliot Wave Theory to
analyze potential market trends. Once a potential trigger has been
identified, the potential movement of the stock can be predicted by the
applying the Elliot Wave principles. Opportunities for solid Elliot Wave Predictions exist whether the stock is moving in an upwards or downwards trend as Elliot Wave Theory accounts for upwards and downwards movement.
Elliot Wave Gold
Elliot Wave Theory can be applied to anything that is traded,
including gold. Elliot Wave Gold systems can provide an opportunity for
excellent growth. The key of course is being able to identify a trigger,
understand that triggers implications, and then predict how groups of
investors will react. That’s where solid, proven Elliot Wave Theory
application can give you an edge in your invested strategies.