Free Expert Advisors and Indicators for MetaTrader 4 - 33

This EA keeps an eye on drawn lines and alerts according specification. It is a semi-automatic robot, which does NOT draw or change any lines. A user can draw them manually or use tools like Trendline-Architect or Channel-Architect, which draw lines automatically. Objects of type OBJ_TREND, OBJ_CHANNEL, OBJ_TRENDBYANGLE, OBJ_REGRESSION, OBJ_STDDEVCHANNEL and OBJ_FIBOCHANNEL will be detected - others will be ignored. The lines or channels have to have valid coordinates and rayed to the right, oth

4 buttons for managing your trades. Close All : will close all open positions on the current chart Delete All : will delete any pending orders on the current chart SL + 1 : will move the stop loss 1 pip closer to the breakeven point on all open trades on the current chart Delete SL : will remove the stop loss for all open positions on the current chart Useful for everyone who opens multiple positions on the same asset, where fast execution is essential.

Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator SMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notificatio

It's a simple but useful tool for creating a grid based on Bollinger Bands . Only 2 parameters can be set: 1) "Period" - the period of all visible Bollinger Bands (i.e. 4) and 1 Moving Average (axis of all Bollinger Bands), 2) "Deviations Distance" - the distance between Bollinger Bands. Naturally, the colors of all 9 lines can be changed as desired. It works with everything that is available in your Market Watch. Good luck!

THE LiveExpertVisitor Please make this Change than the Robot Work.  Stop Loss to 60 or higher and Take Profit to 2000 or 1000. Indize: DE40, US30 “IC Market or FTMO” Recomment Broker. This EA „LiveExpertVisitor“ BUY and SELL in one. Only DE40 with this Standart Settings Stopp Loss 50 Take Profit 2000 or 1000. For other Indizes or Pairs Set the Stopp Loss to actuall Spread and maximal the Take Profit x40 to Spread Points. -Recomment  M5 -minimum 1000$/€ ...Lot 1 in first Week Strong Code f

Modified Parabolic SAR: Your Reliable Market Assistant This enhanced version of the Parabolic SAR indicator effectively reflects the trend direction and can serve as an excellent addition to your trading strategy. Advantages: Trend Direction Reflection: The indicator accurately depicts the market trend direction, aiding you in making informed trading decisions. Signal Filtering: It can serve as an effective filter, complementing your strategy by helping to eliminate false signals and execute mo

Currency Outlook   is an indicator that can help us "Trade the right pair in the right direction and at the right time". This indicator analyzes prices of all cross currency pairs of the selected currency and report the result to us in form of double colours histogram diagram.   The maximum height of the histogram diagram of the indicator is 100.   The indicator is exclusively programming for AUD, CAD, CHF, EUR, GBP, JPY, NZD and USD. A feature for calculating trade lot size has been added to th

The ' Average Bar Chart ' indicator was created to showcase the traditional Heiken Ashi calculation as an exotic charting style. This indicator is known for reducing chart noise for a smoother price action. A dditional indicators are recommended Key Features Candlesticks for OHLC are removed from the chart. Average bars may be shown as complete bars without tails. All functionality and features of this exotic chart are inputs. Input Parameters Chart Timeframe =  PERIOD_CURRENT; - period to s

This indicator is a tool to show history orders on chart. Indicator show open time and price, close time and price and profit in pips on chart. It can to help the trader to see all history orders which are opened either manually or by an automated system. You can to use indicator on any symbol and any time frame. You can to get the source code from here . Parameters Delete Objects If Terminated Indicator - Delete objects of chart if terminate indicator. Size Fonts Of Info On Chart - Size

GM Reverse Indicator works on Fibonacci along with some other tweaks -> It is programmed to automate 100% when the market fluctuates This indicator I use to find support points. It really works and I want to share it with you. -> Simply attach the GM Reversal Indicator to any chart you want. The larger the timeframe, the better the signal quality (you should use with the timeframe from H4) -> This is my signal : https://www.mql5.com/en/signals/1415444 Please leave me a positive review, if

Features This EA is good at v olatility  market. This EA specializes in GBPJPY, so we recommend you apply it to that chart. Please apply this EA to the 15 minute chart. This EA uses CANDLE technical. This EA is easy to manage because it has a maximum of 1 position. The maximum profit is set at 0 pips(Unlimited). The maximum loss cut is set at 80pips. Parameters -----Basic parameter----- magic - Please set a magic number which is not the same as other EA. NormalBuy - Please set the number of lo

Auto Stop Trail And Profit is an expert advisor that monitors orders, when it detects that one has been placed, on the same chart that has been activated or on all assets, depending on its configuration, it will place its respective stop loss, take profit and perform trail stop loss (in a classic way, keeping a distance or "step by step"). You can see more of my products here: www.mql5.com/en/users/joaquinmetayer/seller

News Filter Alerts EA. Low, Medium & High impacts News This EA will not work on the Demo version in backtest You only need to authorize this url in the MT4 options: To see the url and how to add it to MT4, visit this post: https://www.mql5.com/en/blogs/post/754794 Many traders will recommend NOT trading during the news since indicators and Expert Advisors tend to make mistakes unnecessarily arriving several times in SL in a very few minutes since at that moment some politician is ta

The Trend DashBoard Indicator for MT4 BULLISH or BEARISH trend information and provides UP and DOWN arrow signals. The trend information is based on MACD, Stochastic, Moving Average, and RSI MetaTrader indicators. So, forex traders can use them in any technical trading strategy to BUY and SELL based on the arrow signals. The indicator works well for new and advanced forex traders. It’s available as a free download and is easy to install.

Утилита предназначена для изменения фона графика ,одним нажатием кнопки. Помимо изменения фона ,утилита также может менять цвет баров и свечей на графике.Из дополнительных опций ,это изменение размера графика а также линии с ценовой меткой.Панель можно включить и выключить,что дает возможность не захламлять график.Кнопка B2 помимо изменения цвета баров ,снимает выделение со всех объектов на графике.

The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema

EXTERNAL EA MANAGER is a programme designed to help manage trading. If you want any EAs to stop trading at a certain point (for example on FRIDAY in the evening) and you would like to do it remotely and automatically... EXTERNAL EA MANAGER is a programme for you. It will deinitialize the whole MT4 terminal and all EAs running. During deinitializiation process there is an option to kill all trades. It means all opened trades as well as all pending orders will be terminated. You can use a maxi

It is a fully automated trading Expert Advisor, whose algorithm is based on trading using pending orders at the high and low of the daily working channel. StopLoss and TakeProfit are set manually by the trader, which provides ample opportunities for Expert Advisor optimization. When the UseTrall function is enabled, the EA only uses TakeProfit without setting a fixed StopLoss level. Upon reaching the specified profit target level, the EA sets StopLoss at the specified NoLossLevel distance from t

Stoch–Cross Scalper is an Expert Advisor based on the Stochastic oscillator indicator using the 80 threshold as overbought and 20 as oversold while utilizing a 14 day rolling period to analyze High and Low closing prices in relation to the current close price. The Stochastic oscillator is a commonly used indicator and many trading philosophies are based upon it. This expert is the result of over ten years of my fine tuning and perfecting this trading system. Almost all of the indicators availabl

Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  For using the EA we recommend to use an  ICMarkets True ECN account. Parameters

Discover our brand-new Expert Advisor (EA) designed for the MetaTrader 4 (MT4) market: IT Parabolic EA . This innovative EA harnesses the powerful Parabolic SAR strategy to provide you with an efficient way to maximize your operations in the financial market. Key features : Parabolic SAR Strategy : Our EA utilizes the Parabolic SAR strategy, a recognized approach in technical analysis. By relying on the reversal points generated by Parabolic SAR, it identifies trading opportunities to e

This trading advisor works with strong movements of currency pairs. He can use different indicators for trading, calculate and draw trend lines according to the extremes of the price movement. It is a free, simplified version of ColdStream Expert Advisor, it has enough customizable parameters for optimization, but a little less than in the full version. Also, the maximum lot is limited to 0.1. Nevertheless, you can use almost any currency pairs and timeframes for trading. Do not forget to optimi

Here is the most unpretentious indicator to use, but one of the most useful. It signals the near reversal of the growing volatility. It is volatility that gives income to the trader. The indicator is especially useful for those who do not want to wait for the right moment in front of the monitor. The indicator is installed on the charts M15 and M30. According to the observations on these timeframes, it best fixes the approach of wide price waves. Well-established on the USDZAR currency pair (Att

Implied Trader   is a fully automatic, professional trading robot designed specifically for the foreign exchange market   AUDCAD M30 timeframe. Parameter configuration is not necessary for EA. Only the size of the lot you intend to use needs to be chosen. 0.1 is the suggested lot size for a $2000 account. You can raise the lot size correspondingly if your account has more money. It has an intelligent algorithm that recognizes the trend. On the basis of the trend direction, the expert places orde

For more info,  questions   and problems join to discord.gg/reitakfx Very informative and detailed tool for your account.  - pairs, number of trades, lot size, profit, lose, nett p/l, net pips - profit growth chart Instalation : - open chart and delete every other indicator on it - put this report on chart Setting : - magic number - filters (comment, symbols, currencies) - date (today, week, month custom) - Start / End date (this is for custom date) - report type (open - only active trades

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

This indicator is Demo version of FiboRec and works only on EURUSD This indicator depends on Fibonacci lines but there are secret lines I used. By using FiboRec indicator you will be able to know a lot of important information in the market such as: Features You can avoid entry during market turbulence. You can enter orders in general trend only. You will know if the trend is strong or weak. Signal Types and Frame used You can use this indicator just on H1 frame. Enter buy order in case Cand

SafeMartin_VS_lite - an automated trading system optimized for EURUSD H4, but it can work on other currency pairs and timeframes. The Expert Advisor has a minimum of settings, which allows you to immediately put it into operation, without a lengthy procedure for selecting the optimal parameters. Several Expert Advisors are allowed to work in one terminal. Works with both 4 and 5-digit quotes.   Not intraday! Not scalping! Designed for long-term trading.   In the new version, the number of user s

Expert with martingale strategy, to experiment. A profit trade offsets a loss trade. An example: Cent-Account, 35 USD are then 3500 USD. Account: USD and 1: 400 EA setting: Cat_type Normal, Variant 1, BaseLot 0.1 If the case occurs with two loss trades in a row , the loss is about 3000 USD . Two loss trades in a row can be avoided by a low spread and continuous trade of the EA. Signal: https://www.mql5.com/en/market/product/22450#!tab=comments&comment=5808183 Technical specifications Underlyin

Indicator is converted from another programming language code by programmer " sbtnc ". MQL version is simplified to be more useful by less settings complexity.  There is some clues from programmer about indicator: The indicator tracks and reports the percentage of occurrence of daily tops and bottoms by the time of the day.  At certain times during the trading day, the market reverses and marks the high or low of the day. Tops and bottoms are vital when entering a trade, as they will decide if y

The Icarus Reversals(TM) FREE Indicator is a powerful tool to identify high-probability reversal points, across all instruments.  The Reversals Indicator provides traders and investors with a simple-to-use and highly dynamic insight into points of likely price-action reversals.  Generated by a unique proprietary code-set, the Reversals Indicator (FREE version) generates long and short trade signals, which can be customised for key inputs and colourisation. Settings of the Icarus Reversals FREE h

本指标是根据黄金分割理论，分别获取过去22（默认）根K线高低价，并通过黄金分割系数计算得出支撑、压力曲线。 当价格第一次向上靠近压力线，或者多次靠近压力线时，会出现向下的箭头符合，提示有压力，适宜做空sell； 当价格第一次向下靠近支撑线，或者多次靠近支撑线时，会出现向上的箭头符合，提示有支撑，适宜做多buy； 在数据窗口，会提示各条支撑、压力线的价格数值，出现的箭头符合数值为up、down。 这个指标，适合在所挂的图表里做短线，也即进场开仓后，持仓几根K线柱，然后可以平仓。做多的话，止损可以在支撑线下方，止盈在压力线附近。做空的话，止损可以在压力线上方，止盈在支撑线附近。 本指标涉及的黄金分割系数分别为0.382、0.618、1.618、2.168、4.236，计算得到对应的支撑压力线。 由于MT4的指标数量有限，本指标分成了2个EX4文件，第一个的黄金分割系数为0.382、0.618、1.618，第二个为2.168、4.236，第二个文件名为“Golden Ratio Support Pressure Indicator extend”，可免费下载和使用。

This indicator softens the value of the RSI (Relative Strength Index) and reduces its volatility. You can use this indicator in your expert advisors, indicators and strategies. With this indicator, you don't need to have two indicators on the chart at the same time. For example, an RSI indicator and a Moving Average indicator If you have any questions or concerns, contact me.

Percentage Auto MM sends automatic orders to close all positions immediately after reaching percentage SL/TP target, set by the User . Orders will be sent if the market is open and the SL / TP application buttons are pressed ( they can be used separately or together ) . It could be applied for current chart/all charts, depending on selected option. It works  independently of SL and TP order settings for individual positions. SWAP, Commision can be also included ( look at input options ). At

This indicator was inspired by John Welles Wilder's average true range (ATR) , but with some extra information. Similarly, it calculates the exponential moving average of the true range, but using the standard alpha weight instead of Wilder's . It also calculates the average deviation of the range average, and displays it as an offset. This helps not only identify a change more quickly, but also its impact.

This panel is designed for manual binary options trading. It is possible to set the position volume and the expiration time. Note: make sure your broker supports binary option trading via the MetaTrader 4! Settings Ask confirmation - ask for additional confirmation before opening; Magic number - unique identifier of opened positions.

RSI Scanner, Multiple Symbols and Timeframes, Graphical User Interface An indicator that scans multiple symbols added from the market watch and timeframes and displays result in a graphical panel. Features: Multi symbol Multi timeframe Alerts and Notifications Live Monitoring Sorting modes One click to change symbol and timeframe Inputs for RSI and scanner settings

Harrow Band is an indicator based on support and resistance values. This indicator provides six bands that indicate the nearest of support or resistance position. With this indicator, it will be easier to see where entry and exit points of a trade are located. Pairs and Timeframes This indicator can be used in any pairs and timeframes, but it is recommended to use it in XAUUSD H1. Parameters NumCandle - number of candles used to calculate the support and resistance position. BandColor - colo

RaysFX Trade Info  Ciao a tutti, sono entusiasta di presentarvi il nostro ultimo indicatore,   RaysFX Trade Info . Questo strumento è stato progettato per fornire informazioni dettagliate sulle vostre operazioni di trading direttamente sul vostro grafico MT4. Caratteristiche principali Informazioni in tempo reale : RaysFX Trade Info fornisce informazioni in tempo reale sulle vostre operazioni aperte e chiuse. Potete vedere il profitto in punti, in valuta e in percentuale. Personalizzabile : L’in

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

Shadow Height mt4   Shadow indicator. Displays the size of candlestick shadows, in points, as a histogram. Works in three modes, user-selectable. Description of indicator settings Mode - indicator operation modes, three modes: first height - display mode for upper and lower candlestick shadows; the second difference - the mode of displaying the difference in candlestick shadows, the difference between the upper and lower candlestick shadows; the third superiority is the accumulated difference i

The information panel displays important trading information on the chart. Visual display of the information will help you to make a prompt and precise trading decision. Screenshots depict information which I use in my trading system. But you can add any other desired information.  To do this contact me via MQL5 web-site. Displayed information: Time till the end of the current candle and formation of a new one. Time set format: hh:mm, if there is at least one full hour, or mm:ss, if you have les

This EA is a small aid, suitable for all who like to trade on smartphones or tablets. The EA is placed on a chart and monitors all markets (multicurrency). No matter where you are, as long as you have internet, you can trade with it. Open position, set stop, and the EA automatically creates a TP in the previously set ratio (1:1, 1:2 etc.) to the stop. This is a very convenient feature that helps you manage your trades better. Ideal for trading on mobile devices. Whether you are on the bus or in

The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema

This expert advisor is very simple and easy to understand, it is based on the single Moving Average. The indicator settings is fully customized. Recommended Pairs: - EURUSD  - GBPUSD - AUDUSD - NZDUSD   Expert Advisor Inputs: - Timeframe : Default value = current - Ma_Period : Default value = 50 - Ma_Method : Default value = MODE_SMA - Ma_Applied_Price : Default value = PRICE_CLOSE - Ma_Shift : Default value = 10 - Shift : Default value = 0 - Buffer_Candle : Default value = 1 - Auto_Lot : D

The indicator shows the maximum and minimum number of lots, as well as the size of the symbol spread. This information is needed to make a quick market entry decision based on the deposit maximum. The calculation considers free funds and funds sufficient for opening one lot. Such situations are common when you participate in various forex contests or trade in the market using your funds to the maximum, as well as during periods of increased or decreased volatility. The indicator provides the nec

Speed Trading / One click trading / Faster trading. The EA is helping in opening order and allows you to manage orders more quickly with "One Click Trading" system. It can also work with pending orders. This EA can work on live and back-test (Strategy Tester). Note : This demo version is for testing on CADCHF pair only. The full version can be found here: https://www.mql5.com/en/market/product/11203 Features    1. Speed Trading / One Click Trading Panel. Open orders with one click. Setting L

The indicator detects market efficiencies and inefficiencies by studying price movements and marks candles where the best efficiencies occurred. The most 'efficient' candles are indicated with a vertical bar histogram. Taller bars represent these candles. The highs and lows of these candles are supply and demand areas, important levels that will be retested in the future. It can be used on all time frames with the same settings.

Information panel displaying traded lots for pairs, as well as the minimum margin level and maximum drawdown.  The info panel will be indispensable when calculating the affiliate program and expert advisor tests. In the settings, you can add up to 10 of your favorite pairs, customize the panel display colors and its location. Check out my other products, maybe they will be useful to you.

Velvet RVI is intended for use with the Velvet advanced ordering layer.  It is based on the algorithm for the Relative Vigor Index, provided by Investopedia here . All of the data it displays is accurate and verified against the internal API function iRVI, when it is detected by the ordering layer.  In order to place orders with the Velvet RVI indicator, the ordering layer must be installed and running.  Ordering from the Velvet RVI indicator requires that "Velvet Ordering Layer" ( found here ),

The VMA is an exponential moving average that adjusts its smoothing constant on the basis of market volatility. Its sensitivity grows as long as the volatility of the data increases. Based on the Chande's Momentum Oscillator, the VMA can automatically adjust its smoothing period as market conditions change, helping you to detect trend reversals and retracements much quicker and more reliable when compared to traditional moving averages.

The purpose of this new version of the MT4 standard indicator provided in your platform is to display in a sub-window multiple timeframes of the same indicator. See the example shown in the picture below. But the display isn’t like a simple MTF indicator. This is the real display of the indicator on its timeframe. Here's the options available in the FFx indicator: Select the timeframes to be displayed (M1 to Monthly) Define the width (number of bars) for each timeframe box Alert pop up/sound/ema

Trend Exploit   The logic behind  Trend Exploit EA  is very simple but effective , the EA uses breakouts of the Bollinger Bands for entry and exit signals, enter in the market in the direction of a strong trend, after a reasonable correction is detected. The exit logic is also based on the Bollinger Bands indicator and it will close the trade even on a loss when the price breaks Bollinger Bands line.  Trend Exploit was strictly developed, tested and optimized using the "Reversed Sampling" deve

FOREXBOB AUTO CLOSER   is a very handsome tool for manual traders who doing :- Scalping  Correlation Hedging Those who use averaging methods etc. As this utility tool will help you by closing all your running trades when the universal floating P/L reaches a certain value that you will put in inputs. You may enable and disable the alert message on your mobile phone when auto closer close all the running deals on specified profit. You may add any message you want in notification.  This tool consid

UR Control Panel   UR   Control Panel is a tool I want to share with you for FREE. It is an interactive Panel that helped me in my trading and boosted my market scanning each day. Hope it suits your needs aswell! How to use UR   Control Panel  ? It is an movable, resizable double panel of which: - One of them shows the currency strenght on the given timeframe - The other enables options to move between symbols and timeframes way quicker, using the same chart, and additionally shows resistance

The automatic advisor works according to a simple strategy for the breakout of the previous day's high and low. In the settings there is a function to reverse orders Reverse, when the maximum is broken, instead of buying, a sell will be opened, and when the minimum is broken, instead of selling, a buy will be opened. Real monitoring https://www.mql5.com/en/signals/833080 Settings Reverse - when the level is broken, orders will be opened in the opposite direction The maximum number of limi

DATE VERSION DESCRIPTION OF CHANGES  2022-08-31 1.00 Initial release.  2022-09-01  1.01 (on the Indicator dialog, but is v1.1 on MQL5.COM) Fixed New York active time  2022-09-03 1.02   (on the Indicator dialog, but is v1.2 on MQL5.COM)   Fixed Sydney active on Saturday  This indicator will show the active and inactive trading sessions as well as set global variables as whether the trading session is active (1) or inactive (0). Using the iCustom library function, you can invoke this indicator fr

TimeBar TimeBar is a simple information indicator that shows the remaining time until the bar closes, as well as the time elapsed since the bar opened and the current time. For ease of perception, two types of display modes have been added: in the form of a comment in the upper left corner of the graph, or in the form of a graphic object. Advantages Font selection Font size. You can set any one. When commenting it is too small You can move objects. Any time can be selected by double clicking

The indicator marks the points on the chart where the standard ZigZag indicator has drawn its top or bottom. With this indicator, you can easily understand where the top or bottom was formed, and where it was redrawn. The indicator gives an alert when a new point appears. Warning! Parameter  Applied Price   -   expands the possibilities of building the indicator.   It is possible to build at OPEN, CLOSE and standard HIGH/LOW prices. Input parameters ----------- Depth   - period of the ZigZag ind

For traders, monitoring price movements is a constant activity, because each price movement determines the action that must be taken next. This simple indicator will helps traders to display prices more clearly in a larger size. Users can set the font size and choose the color that will be displayed on the chart. There are three color options that can be selected to be displayed on the chart.

Introducing Demarker Jurik—an innovative indicator poised to revolutionize your forex trading strategy. This indicator combines the precision of custom moving averages based on the Demarker indicator with the MetaTrader 4 indicator, Demarker. Jurik moving averages are renowned for their accuracy and reliability in analyzing price movements in the forex market. They offer traders smoother representations of price action, filtering out noise and providing clearer signals for identifying trends

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 parabolic stop and reverse (PSAR) indicator was developed by J. Welles Wilder, Jr. as a tool to find price reversals which can be utilized as stop-loss levels as well as trade triggers. The notable difference about the PSAR indicator is the utilization of time decay. The PSAR indicator forms a parabola composed of small dots that are either above or below the trading price. When the parabola is below the stock price, it acts as a   support   and trail-stop area, while indicating bullish up t

The indicator High Trend Lite monitors 5 symbols in up to 3 timeframes simultaneously and calculates the strength of their signals. The indicator notifies you when a signal is the same in different timeframes. The indicator can do this from just one chart. Therefore, High Trend Lite is a multicurrency and multitimeframe indicator. With the High Trend Pro , available at this link , you will have an unlimited number of symbols, 4 timeframes, a colourful chart of the primary MACD indicator, several

The Parabolic SAR Trailing Stop will trail the Stop Loss price of your selected orders following the PSAR indicator, so you don't have to worry about having to change it manually. How does it work? The Expert Advisor sets and moves the Stop Loss price of the selected orders following the value of the PSAR Indicator. You can filter the Orders by Symbol Comment Magic Number Buy/Sell Parameters PSAR Step - The Step of the PSAR PSAR Max Step - The Max Step of the PSAR PSAR Shift - The Shift of t

Welcome to the world of trading and technical analysis. In today's fast-paced markets, understanding market sentiment and identifying potential entry and exit points is crucial for successful trading. One essential tool in a trader's arsenal is the Relative Strength Index, or RSI. And now, we introduce the Free RSI Heat Map, a powerful visualization tool that brings RSI data to life. RSI Heat Map offers a comprehensive overview of the RSI values across multiple instruments, allowing trade

Pip Show - MultiStrategy Trading   The indicator is for free and you have to install it before you can use the Pip Show - MultiStrategy Trading EA. The use of the indicator is very simple, on green open buy positions and on red open sell positions. Its based on a MA calculation. Check out my fully automatic trading robot  multistrategy-trading.com It has four parameters: Period, Divisor ("speed"), Price and TimeFrame Period - how many candles , backwards, are calculating Divisor - how "quick" is

A tool for backtesting my ATR Trailing Stoploss Helper ( https://www.mql5.com/en/market/product/34103 ) Added on-screen buttons for manual backtesting: - Clicking on button SET, then click on a candle where you want to see how this indicator would draw the ATR trailing stop for that exact time. Parameter: DRAW_ATR_TRAILING_STOP_LEVEL_TIMEFRAME = PERIOD_H4; //timeframe to calculate the value of ATR DRAW_ATR_TRAILING_STOP_LEVEL_PERIOD = 10; //period of the ATR DRAW_ATR_TRAILING_STOP_LEVEL_MULTIPL

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

Hello everyone, Today I want to  share  with you a  strategy  who is designed especially on  EURUSD  timeframe  M5 . Pikachu   is a   sclaper  who is   not spread sensitive . Pikachu   is   very easy to use . Pikachu  is using a  dangerous strategy . Why it's free? Pikachu is using a dangerous strategy : the expert will multiply by 2 the lot for each loss trade until a trade close with profit. To see another product with another strategy click on the link :  https://www.mql5.com/en/users/c