Free Expert Advisors and Indicators for MetaTrader 4 - 32

'BrokerInfo' is an indicator to show some information of account on the chart. You can to see on chart information about: GMT time. Broker time. Maximum simultaneously open orders. Leverage. Maximum lot size. Minimum lot size. Lot step. Stop level in pips. Symbol spread in pips. You can to get source code from here . Parameters SizeBackground – background size. PositionUpDn – position to show info on the chart.

Всем привет! Советник "Calipso" за много лет перетерпел очень много изменений и модификаций. Данная версия собрала в себе лучшие апгрейды и идеи.  Эксперт поддерживает много режимов торговли и его можно адаптировать под разные нужды, такие как ночной скальпинг, торговля сеткой, позиционная торговля на отбой от уровней поддержки/сопротивления и многое многое другое. Благодаря глубоким настройкам, этот советник становиться незаменимым помощником в торговле. На базе этого EA можно реализовать десят

Simple dashboard to view ATR value across multiple time frame, no need to click at any timeframe, we can see the overview of ATR quicker. Support changing value of ATR period. Download free! We already tested via Strategy Tester, nothing wrong. If you found something wrong just drop the comment below or contact me at site: https://youtube.com/@itwetrade Email: itwetrade@gmail.com --------------------------- Support for development: https://www.buymeacoffee.com/itwetrade

Indicator Description This is a one-of-a-kind indicator. It predicts future bars using the theory of cyclical behavior of prices and certain market stationarity. This indicator will help you predict 1 or more future bars, thus providing a picture of the possible development of the market situation. It is based on 5 prediction methods. The first method is the Fourier transform, while the other ones are represented by different variations of linear prediction methods. You can select which method w

1. Make sure you trade only with GBP/USD on an 1h chart as this model is built specifically for the hourly Cable trading. 2. If you are backtesting the EA during weekends, make sure to specify a reasonable spread (such as 30 or 50) instead of using current spread because the market is not trading and the current spread may be some awkward number. During weekdays, feel free to use current spread as it is the correct current spread value. 3. If you want to have an even more stable-performing EA,

InpRSIshort =13; // RSI short  InpRSIPeriod =34; // RSI long  PeriodRs =0; //Price 0C 4HL/2 5HLC/3   mafast =13;//mafast  maslow =65;//MAslow Double line RSI sub graph index. The parameters are adjustable. The RSI lines with two different cycles can be used to observe the trend strength effectively. Meanwhile, a short period cross long period color column image is displayed below. When the cycle (Jin Cha) is on the short cycle, the color of the column map changes from the light green to th

The block of bars is collected under condition of divergence . If the divergence conditions are not met, the block is deleted. More precisely, the condition is the transition of the block of bars from the state of divergence to the state of convergence . Blocks are formed selectively with gaps. Gaps are characterized by the state of convergence of bars.   Before removing the block, we find the extreme bars inside the block   (min, max). The line connects the extreme bars. The line is drawn only

This indicator filters the Zigzag indicator to calculate the main support and resistance levels. Variables minimum gap between peaks : is the distance (GAP) between the peaks of the Zigzag peaks sensitivity : Minimum number of nearby peaks look back: it means that it has to test the last 50 peaks in the Zigzag object name perfix: a prefix for level’s line name on chart

Show candle info with: Time in selected timezone  Bar number Candle range points Upper wick points and percentage Body points and percentage Lower wick points and percentage Mark large/small candle body with customizable line. Settings group: Broker and local timezone. Lookback bars for candle marking. Large candle body Small candle body Date and time info with auto position or custom the x and y coordinate.

About : Based on the strategy identified at https://tradingstrategyguides.com/williams-percent-range-strategy/ but automated to support multiple currencies from a single expert advisor instance. Also uses the SMA slow and fast crosses to determine the trend direction. The basis for the external strategy is to open a BUY trade when Williams %R crosses the -50 on an uptrend and open a SELL trade on the down trend. You have control over the trend period and Williams %R range from the midpoint throu

Советник "Rounding Levels RSI Trade" торгует по индикатору RSI, используя фильтр в качестве круглого ценового уровня, который свеча должна пересечь одновременно с уровнем индикатора RSI. Настройки советника: Индикатор RSI: RSI_Period = 14; используемый период индикатора RSI_Shift = 1; номер свечи выбранного графика, с которой советник берет сигнал, 0 -ориентируемся по текущему бару (не рекомендуется) 1 - ориентируется по предыдущему бару и так далее applied_price = 0; испольщуемая цена  PRI

This EA creates two buttons in a panel that you can drag to any part of the chart (simply click on the panel and drag with the mouse to the part of the chart you want) with which you can close all the open operations in the account with a simple click, or close only the trades that are currently in profit. Tell me if you like the product and how it could be improved, Thanks :) 

MQLTA Candle Timer is an indicator that can show you the details about a symbol/pair and alert you before the close of a candle. Used in swing trading and not only, it can help your strategies knowing and be ready before the close of a candle. How does it work Simply add the indicator to the chart and set the notifications options. You can load a minimalistic interface or a full interface. The alert will be sent once per candle. Parameters All the parameters, that you can see in the picture,

With this app you can find the stop out level live or without opening a transaction. The application consists of 3 boxes, you can enter the amount of money in your Balance box account or it will automatically calculate the current account amount. SELL lot size and BUY lot size can be entered, or trades that are currently open will be calculated automatically. Hedge transactions are calculated automatically. If you press the S key of the keyboard, you can access the boxes with the values ente

The Tokyo Stock Exchange Session's Hours This indicator facilitates observing the currency pair's quotations during subsequent parts of the stock exchange session live. Before the session starts, a rectangle is drawn on the chart but not filled in with color. It means the extent of the session duration. Before the first bar enters the rectangle of the session, a sound signal or pop-up window will notify us that the session will just start. When the price graph crosses the edge of the session

Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when the SMAs cross and when the WPR has left overbought/oversold areas. The SMAs are also programmed to close the trades if the trend changes. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is NZDUSD and the recommended timeframe to opera

The indicator allows you to trade binary options. The recommended time frame is М1 and the expiration time is 1,2,3 minutes. The indicator suitable for auto and manual trading. A possible signal is specified as a arrows above/under a candle. You should wait until the candle closes! Arrows are not re-painted Trade sessions: TOKYO section (Half-end) Currency pairs: USD/JPY Working time frame: M1 Expiration time: 1,2,3 minutes. The indicator also shows good results when using the martingale strateg

Rua Power Currency This is an indicator that measures the strength of each currency based on current data. Indicator allows selecting timeframe to calculate the power of money. High timeframes like H4, H1, D1 are often used to identify trends. Smaller timeframes are often used to fight Scalping. Input parameters: Seconds: Time to refresh the data x: coordinates x y: y coordinates Timeframe: timeframe retrieves data Period: Period A product of Ruacoder.

Fastest way to change the period. Suitable for traders who use many charts and timeframes. Size, shape and color can be customized. Inputs Parameters Corner — Choose corner placement Standart is "Right lower chart corner" Color — Background color of the button ColorText — Text color of the button ColorOn — Background color of the button for the current period ColorOnText — Text color of the button for the current period Font — Arial, Verdana... FontSize — Size of the font in pixels DistanceX —

The indicator uses the Chester W. Keltner's channel calculation method, modified by the well-known trader Linda Raschke. Due to the modification, the calculated channel contains a much more complete overview of the price movements, which allows increasing the probability of an accurate prediction of the upcoming price movement. Unlike the classic Keltner method, the base line of the channel is plotted based on the Exponential Moving Average, and the Average True Range is used to calculate the up

Property of Vertical Capital Edition:  Gugol_Quants   About USA INDEXES QUANT_INDICATOR: This is a indicator created by math modulation to be used as a trading tool, which was developed in MQL. (MT4) This indicator is for use only with US500(S&P500), NAS100(Nasdaq Composite) and US30(Dow Jones). Signals are activated on "Open" Candle. It’s based on Intraday/Swing Trades whose main timeframe is H1, H2, H3 and H4. However you can use it with other assets by testing with the appropriate settings. *

This practical tool let you setup your keyboard to have shortcuts and hotkeys to change Chart TimeFrame.  Bring your trading to another level by actually take fast and smooth control of switching Time Frames without losing time clicking all over the Meta Trader Terminal.  This tool is born due to scalping issues, where switching from higher timeframe and lower timeframes is really mandatory to make a multi timeframe analysis of the trading setup.  Uplift your trading activity, by letting your k

The indicator can help traders to assess in advance the number of Lots, Balance and Equity, if the price deviates from the current levels. The indicator will be useful for those who trade using Martingale. Features The indicator belongs to the category of risk management. The indicator helps to assess in advance the account change that would happen in case of possible price change from the current value to a threshold. It also recalculates swap, lock, pending orders, take profit and stop loss.

This is Fibo Expansion. You can use it, as profit target at any level... It use price Highs and Lows and price between... It is simple and easy to use... No Input menu, just drag it on your chart and it ready to use... The blue and red dot color indicate it direction... It also use as the same as fractal high and low price as the points to construct the levels... No more analysis to choose the points..

A pin bar pattern consists of one price bar, typically a candlestick price bar, which represents a sharp reversal and rejection of price. The pin bar reversal as it is sometimes called, is defined by a long tail, the tail is also referred to as a “shadow” or “wick”. The area between the open and close of the pin bar is called its “real body”, and pin bars generally have small real bodies in comparison to their long tails. The tail of the pin bar shows the area of price that was rejected, and

- The Symbol Changer Utility for MetaTrader is a tool that enables traders to switch between various symbols on the MetaTrader trading platform easily and quickly. - It is designed to change the symbol of the current and all open chart windows and the timeframe of the current chart window (by clicking the button). - The tool retrieves symbols from the Market Watch, displaying only the necessary symbols in the market watch.

Normalized indicator. It measures the relative deviation of the price from its moving average. It is extremely reliable. Accurately determine overbought and oversold price areas and divergences. Features. The indicator has a range of -100 to 100. The overbought zone is above 80 and the oversold zone is below -80. Zones of overvalue, indicate possible reversal. Mode: histogram/line. MA method: simple, exponential, smoothed, linear weighted. By default the indicator is calculated on an SMA of 2

The Profitunity version of Bill Williams in my vision The EA works according to standard indicators: Aligator + AO + Fractals To move into a deal, a pin bar is also used at a distance of N points from the Aligator (Distance Pin from Alig). To exit positions, there is TP, SL, several Trailling options, closing all orders by the total profit. NOT GRAIL but it works! The Profitunity version of Bill Williams in my vision. What about the settings of the advisor and how it works. Fix Lot - fixed lot

Introduction and Description Colored candlesticks showing the trend based on two moving averages and the slope of the slow moving average. A trend is the overall direction of a market or an asset's price. In technical analysis, trends are identified by trendlines or price action that highlight when the price is making higher swing highs and higher swing lows for an uptrend, or lower swing lows and lower swing highs for a downtrend. Many traders opt to trade in the same direction as a trend, whi

The implementation of the impulse system described by Dr. Alexander Elder. The indicator generates signals according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - gray (or empty) bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy. Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the

This indicator shows the value of returns in the selected time frame . They are calculated as logarithm of returns , rather than price or raw returns. For small returns, arithmetic and logarithmic returns will be similar. The benefit of using returns, versus prices, is normalization. It is possible measures all variables in a comparable metric despite originating from price series of unequal values. Inputs You can display data both as a Histogram  or a    Line It's also possible to display

The Awesome ATR Indicator is a technical analysis tool developed for the MetaTrader 4 (MT4) platform. This indicator is designed to assist traders in determining stop loss and take profit levels based on the average value of the Average True Range (ATR). By leveraging the market volatility data provided by ATR, this indicator offers more accurate and dynamic guidance in setting these crucial trading levels. Key Features: Dynamic Stop Loss Determination: Calculates stop loss levels based on the A

Introduction to GARCH Indicator GARCH is the short initial for Generalized Autoregressive Conditional Heteroskedasticity and it is the volatility prediction model commonly used in financial industry. GARCH model was first appeared in the work by Danish Economist, Tim Peter Bollerslev in 1986. The 2003 Nobel Prize winner, Robert F Engle also added much contribution for the refinement of GARCH model with Tim’s work. Our GARCH INM predictor took the original method of Nelder Mead for GARCH model bu

The world of prop firm trading is one filled with tension and excitement in equal measure, and   FTMO   is definitely the most reputable firm out there. On one hand is the prospect of making huge sums of money and on the other, losing all the money you have invested. The easiest way of the latter scenario occurring is   drawdown , and more often than not   daily drawdown . It's what keeps us constantly checking our phones, the pain of every traders existence. What if there was a way of makin

NEW :    integration with Ofir Signals to send personalized alerts Ofir Notify is a tool which send alerts on trades to Telegram Alert on any event concerning a position : Opening, Closing, modification (SL, TP) Send alerts to Chats, Groups and Channel Alert on Equity change Display Risk, Reward and progress of profit/lost for each position Customization of alerts Sending charts screenshots with alerts Send signals from your indicators or experts Multi-lingual NEW  : version 2 brings integratio

T hinking  encompasses a flow of   ideas   and   associations   that can lead to   logical   conclusions . Although thinking is an activity of an existential value for   humans , there is still no consensus as to how it is adequately defined or understood. Thinking allows humans to make sense of, interpret, represent or   model   the world they experience, and to make predictions about that world. It is therefore helpful to an organism with needs, objectives, and desires as it makes   plans   or

This indicator allows you to manipulate the visibility of the chart in real time. The right side is hidden from the user. The virtual timeline can be moved to any place on the chart. Also, the indicator works on a closed market. If you are using visual analysis for trading, then this indicator is a great tool to test your strategy. It will allow you not to peep into history and be honest with yourself in analysis. Good luck!

Top Hat is a fully automated expert advisor for the mt4 platform. It can be used as a scalper or to follow trend, for short term high risk/high reward trading, or for lower risk/longer term trading. Top Hat is equipped with a builtin, adaptive, dual volatility filter, a daily trend filter, and an rsi filter. It also allows custom time frames for all entry filters, and for tp/sl levels, use on ANY CHART TimeFrame!. This allows the ea to adapt its own parameters better to current market conditions

FRB Candle Time  Indicator showing the time left for the next candle You can edit font color and size. Very important indicator for Traders. To move time, just click on it and move the mouse to where you want to leave it. After positioning the time where you want it, click again or press "ESC" and the time will stay where you left it. Settings font color Font size Background color

input int hlength=85; input int vlength=25; input int DX=-340; input int DY=-80; input string InpDirectoryName="Data"; // directory name input double lots_default=1; input int    pc_times_default=2; input double deposit_minimal=200; input double floating_loss_percent=10; input double margin_occupied=0.2; input int    trade_allowed=1;//0代表测试模式   bool showbutton=TRUE; int tradingnumber=3;//控制买卖交易数量 struct  edit_update { string symbol; int    type; //0代表buy,1代表sell int    magic;//代表magic dou

Questo Expert Advisor è un professionale EA il quale sarà sempre aperto. Userà diversi indicatori, tra cui il parabolic Sar. Attualmente è possibile fissare il numero di lotti (0.20 di defoult); Non usa Martingala, non usa grid o altri sistemi rischiosi. Provalo in demo. Ottimi risultati su tante coppie di scambi. Consiglio di non usarlo su leva altissima.

Sends price alerts conveniently to your Android/IOS device. Make sure push notifications are enabled in Metatrader settings and the PC/VPS is online 24/7. Price levels are updated automatically, but you can modify them in global variables, if needed. Suitable for any market instrument, but if notifications are too frequent, increase point value of the indicator parameter.

Do you want tidy and attractive charts? Let Hogvid Chart Scale help you! Chart Scale automatically scales the height of the chart to a configurable percentage of the total window height. This creates space at the top and bottom of the window for additional visual elements and increases clarity without having to manually adjust the vertical scaling which can be annoying, especially if you change the chart symbol frequently. The function can be activated and deactivated at any time with a simp

Вилка Нео v5, разрабатывалась для торговой системы "Оракул", но постепенно дополнялась, например - углами Ганна и другими опциями... Можно создавать графические объекты с заданным цветом, стилем и толщиной, такие как: прямоугольники с заливкой и без, отрезки трендлиний и нестандартный инструмент - "вилка Нео" в виде трезубца, так же есть возможность интерактивно настраивать цветовую палитру прямо с графика, настраивать видимость объектов для разных ТФ, толщину и стили... Панель переключается кл

The " Comfort Zone Signal " indicator identifies a daily zone that, when broken, has a high probability of the market continuing the established trend . Upon signal, the indicator calculates stop loss and take profit, which can be set by you. You can also set the trend. If the price is above the MA, it looks only for long positions, if below, it looks only for short positions. You can choose to ignore the moving average and display all signals. Additionally, you have the risk percentage d

Полная версия индикатора находится здесь . Индикатор предназначен для торговли внутри дня. Строит канал по пробою крайних уровней которого вы можете открывать ордер на покупку или продажу. Во флетовом рынке работа ведётся на отбой от этих уровней. Для фильтрации входов используется цветная гибридная скользящая средняя. Настройки по умолчанию предназначены для терминального времени GMT +3 (подходит для большинства брокеров) и для терминалов с пятизначными котировками. Индикация канала и уровней

StarkerFX EA is a martingale and trend following robot with trailing stop . This expert advisor is using MACD and Parabolic SAR indicators. T‌here are no complicated settings. The only one input is the equity multiplier for automatic lot calculation. If you want to change it, please backtest it before using on real account. higher equity multiplier = higher lots = higher risk (recommended setting is: 1.0) T‌his EA has been optimized for EUR/USD currency pair and for M5 timeframe. Feel free to ba

This EA is a free version of Tiger Grid which is available here:  https://www.mql5.com/en/market/product/33835 Tiger Grid EA is an expert advisor using trading strategy  which has been developed by using machine learning concepts. It has passed 14 years of backtest of real tick data and real variable spread (with commission) from 2004 to 2018. The entries are usually accurate and in case if the trend signal has a delay the positions will be managed by a smart grid system.  This system uses a g

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Intraday Intensity Index (III) for Precision Forex Trading The Intraday Intensity Index, meticulously developed in MQL4, is a cutting-edge tool designed for enhancing forex trading analysis. This indicator offers a deep

iRSI in iMA is indicator to change color in iMA if iRSI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iRSI on iMA. You can to get source code from  here. Parameters MA_Periods — Period for iMA. MA_Method — Method for iMA. RSI_Periods — Period for iRSI. RSI_ApliedPrice — Price used for iRSI. RSI_LevelsUp — Level iRSI for up trend. RSI_LevelsDN — Level iRSI for down trend. BarsCount — How many bars will show the li

Highly configurable Awesome Oscillator (AO) indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: AO Timeframe:  You can set the current or a higher timeframes for AO. AO Bar Shift:

On the chart, draw grids for price and time at round numbers for easy reference. "Parameter Input" allows for setting price intervals for each period. The grid lines for significant numbers (round numbers) are thicker and more prominent than other lines, making them easily distinguishable. The grid lines for significant numbers (round numbers) can be set to a different color than other lines. Colors at various points can be individually configured. Symbols and timeframes can be displayed, and

Binary Options Assistant (BOA) CHILL Signals Indicator provides signals based on Katie Tutorials Binary Options Strategy. Indicators: 3 Moving Averages & RSI Use any of the BOA Signals Indicators with the  Binary Options Assistant (BOA) Multi Currency Dashboard  so you can: Stop missing trade set-ups Stop jumping from chart to chart looking for trade set-ups Get all the signals on 1 chart All BOA Signal Indicator settings are adjustable to give you more strategy combinations. The signals ca

Support/Resistance Percent Rank SR Percent Rank helps to see how many times the current close price has been in the past price range. SR Percent makes a loop over x bars into the past and calculates the percentage of times the current closing price has been between the high and the low price in the x bars before that.  So we can determine if the current price is moving at supports or resistance that was formed in the past. I use the indicator when creating strategies with the StrategyQuant X p

Become a constantly profitable 5-star forex trader!  We offer a few indicators to support you understand and analyse the market! With our strategies you will improve your trading system and bacome an expert... We have indicators for trend direction, market direction and others.. for multi-time frames and that covers all majors or your favorite trading symbols! Some of them offer a customizable calculation parameters... or Graph features! See how powerful they are! The are also easy-to-use

基于波段交易策略，使用低风险的交易策略来最大程度地尽量及时的获取利润. 策略原理 1、进场：点差限制,时间限制,ATR限制,确保波幅不会太大,布林带上轨开空单,布林带下轨开多单。 2、出场：点差限制,点差太大了平不了仓,这个请注意，平台时间0-1点点差会很大。多单在中轨上平台，空单在中轨下平仓。中轨就是布林带用到的那根均线,不知道的,自己了解下布林带的原理. 使用说明 1、适用品种:GBPCAD,GBPAUD,GBPNZD,EURNZD,EURAUD,EURCAD,AUDCAD,AUDCHF等等. 2、适用周期:M5,或者M15. 3、时间设置：参数中设置的是平台时间，须注意GMT的偏离换算........

Библиотека для расчета формул. Формула задается строкой. Можно задавать формулу в строковой переменой в окне свойств. Формула может включать арифметические действия "+-/*" и все функции кроме MathRand(): abs(), arccos(), arcsin(), arctan(), sin(), cos(), tan(), exp(), log(), mod(), max(), min(), pow(), ceil(), sqrt(), log10(), floor(), round(). Кроме этого в формулу могут входить числа (если число дробные, то разделитель точка) и аргументы. Аргумент начинается с буквы "а" (латинская) и номера, н

WONNFX create arrow tester. Сonstructor/Tester. Tester for buffer indicators. Converting a buffer indicator into an arrow signal on the chart. Combining two buffer indicators into one arrow signal. Filter by candle color. You can move the arrow signal several bars forward (useful in cases where the indicator gives signals 2-3 bars late "WONNFX create arrow tester" is a tool designed specifically for traders who use buffer indicators in their trading strategies. This tester converts the buffer

This is an adaptive ZigZag based on modification of  HZZ indicator (original source code is available in this article ). Most important changes in this version: two additional indicator buffers added for zigzag evolution monitoring - they show cross signs at points where zigzag direction first changes; zigzag range (H) autodetection on day by day basis; time-dependent adjustment of zigzag range. Parameters: H - zigzag range in points; this parameter is similar to original HZZ, but it can take 0

This indicator allows to hide Bollinger Bands (on all MT4 timeframes) from a date define by the user, with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Period Deviations Shift Apply To Color Style Width  Information on "Bollinger Bands" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/bollinger_bands ************************************************************* Hey traders!!  Give me your feeds!  We are

Fassi Fassi is optimized EA for EURJPY M15. This robot opens trades by level Breakout. And uses Stops to exit. Use EA on M15 Time Frame. Lot size. (0.01/USD100) The EA also can be used on different currency. The EA does not trade many deals. Better to use on ECN broker. Back-test EA before use. And do a forward test on demo account before using on Real money. And do not forget, always invest only the amount you are prepared to lose. You miss 100% of the shots you don't take. Monitoring Accoun

Th3Eng Bird Scalper is simple scalper, Many expert traders recommend using it with big accounts with a low lot size. It opens positions based on Analyses. next new version:: Add news filter Add more filters Requirements:: Account Balance: 5000$ minimum Spread: Not more than 30 points (3.0 pips). Account type: any account (standard, micro and cent). Platform Digits: Pentagonal platform (five digits symbol price and three on yen symbols X.XXXXX on EURUSD NOT X.XXXX). Best Setups: EURUSD, 1

The C ycleTraderPro Close Strength Value Indicator measures the distance from the OPEN of a new bar to the CLOSE of that bar. Input - length = 10 default We add these values together going back the the length setting. If the 1st bar was plus 10 ticks and then the next bar was minus 7 ticks, then this would register +3 There are 2 ways to trade Close Strength Value: 1. Trading in the direction of lower highs and lower lows and vice versa for buys, higher highs, and higher lows.  2. Trade when th

The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please    Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well   here _________________________________ Engulf Detector - Simplified Trading Indicator Discover the Engulf Detector, a straightforward tool created in MQL4 for identifying engulfing patterns in the forex market. This indicator is designed to make your trading

I was looking for a lean symbol changer. I could not find any. Normally other products hide lot's of screen space. So I developed a very lean symbol changer Just click on the 2 currencies you want to combine. The order does not matter. If you miss some pairs, you can add up to 5 custom symbols. Please make sure, your broker support your custom symbols. Drag an drop the panel with the green button. In future I plan to include suffix and prefix als well.

Rate of Change Base on the formula, ROC = (Close[n] - Close[n-lookback]) / Close[n-lookback] * 100 to plot the rate of change of a currency pair price action over a lookback period, and provides two global variables, SYMBOL_ROC and SYMBOL_ROC_LOOKBACK, which represent the latest Rate of Change value and the Rate of Change at the previous lookback period. Invoking the indicator using the iCustom function, iCustom ( "Market/RedeeCash_Rate_of_Change.ex4" , Symbol (),5 , 0 ,0); and then retrieving t

This is a trading EA on M1 Chart for currency pair GBPUSD. I don't recommend you to use in other charts or currency pairs.  Backtests are performed at mt5 and my Broker is FxPro.    (Mt5 version is  https://www.mql5.com/en/market/product/55467 ) "Works On M1 Chart"; // GBPUSD Strategy Properties    Parameters are, LessOrderMoreProfitFactor_Flag = false; // Less Order More Profit Factor (trade is very rare but profit factor is high Entry_Amount = 0.01; // __Amount for a new position [lot] Take_Pr

The   currency strength momentum   has a lot of similarities with   currency strength meter   presented in the previous page, but the difference are much more pronounced. You can try putting both in the same chart and see the difference in results.   Currency strength momentum   measures strength of a currency based on (you guess it) it's momentum relative to other currencies, while   currency strength meter   measures the strength of a currency based on pips it has moved in a certain direction.