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Free Expert Advisors and Indicators for MetaTrader 4 - 54
This indicator was modified according to the 'Way Of The Turtle'. The ATR indicator can be used as a reference to set stop-loss or take-profit, and also can be used to confirm the daily price range (also applicable to other cycles).
Calculation The true range value is calculated as follows: TR = MAX(H-L, H-PDC, PDC-L) Among them: H = Highest price of the current bar L = Lowest price of the current bar PDC = Close price of the previous bar The average true range in 'Way Of The Turtle' is calcula
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Currency Strength Breakout Indicator
Gain an edge in your trading with the Currency Strength Breakout Indicator , a powerful tool that analyses eight currencies across multiple timeframes (M1, M5, M15, M30, and H1) – all within a single, easy-to-read window. Identify the strongest and weakest currencies and trade pullbacks with precision, leveraging alerts to help you enter trends at the right time. Key Features Real-Time Currency Strength Monitoring : Instantly see which currencies are trendin
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FREE EDITION! ~paid edition no longer available. may be updated and re-added in the future~ This expert advisor is used to automate one or more commonly used trading strategies. Currently available strategies: -Moving Average Crossover -MACD Cross over 0 line -MACD Cross over Signal - PAID EDITION ONLY -Moving Average Crossover with MACD Signal cross - PAID EDITION ONLY -Bollinger Band Cross - PAID EDITION ONLY
-CCI Filter for each of the above strategies. - PAID EDITION ONLY -StochasticFilter
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The indicator searches for the largest candles with minimum wicks for the last X candles. Sometimes, such candles mark the presence of a strong buyer, who quickly and strongly pushes the price in the right direction. However, most often, these are culmination candles, especially at the end of a prolonged trend when a single large candle knocks out stop losses of the most persistent traders and the price reverses instantly. The indicator allows you to open a position on the very edge of the marke
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Daily Volatility Tracker is a practical and lightweight indicator designed to help traders monitor and analyze market volatility based on historical daily price movements. Whether you're a day trader, swing trader, or scalper, understanding how much a market moves per day is critical for: Choosing the right pairs to trade Setting accurate stop-loss and take-profit levels Adapting to changing market conditions MT5 Version - https://www.mql5.com/en/market/product/134960/ Join To Learn Market Dept
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Copy Template to All Charts – Instantly Apply Your Chart Setup in MT4 Save time and ensure consistency with Copy Template to All Charts , a powerful MT4 script that instantly applies your selected chart template to all open charts with just one click. No more manual adjustments—this tool helps you maintain a uniform trading setup effortlessly. Key Features: One-Click Template Application – Instantly copy your preferred chart template to all open charts.
Save Time & Effort – Eliminate the
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The R Wavy Dash indicator transforms price data into an excellent trend-following signals indicator that works for trade entry and exit.
It appears in the main chart as a colored signals line and can be used as a standalone trading tool. The R Wavy Dash indicator is very reliable, lightweight, and will not slow down your trading platform. Key Points
Trend signal indicator Newbie friendly Non-repaint Well worth adding to your indicator collection This indicator can work together with any existin
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Odie Trade Manager EA is a simple semi-automatic (two in one) assistant for a manual trader, when having a losing trade the EA begins its work in the form of a martingale or hedging (recovery zone) to leave it in breakeven or positive, it depends on its configuration.
For professional traders and gamblers .
Adapt it to your strategy, MANAGE YOUR RISK CORRECTLY and all your operations will be positive.
TEST ON STRATEGY TESTER WITH YOU STRATEGY AND CREATE YOUR SET FILE AND... GOODBYE LOSSES.
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L'indicatore / Utilità Chart Clear è uno strumento essenziale per i trader che desiderano un grafico pulito, leggibile e professionalmente organizzato su Meta Trader 4. Una volta installato, modifica automaticamente l'aspetto del grafico senza richiedere alcun settaggio manuale, rendendolo immediatamente più chiaro e facile da analizzare.
Caratteristiche Principali: Grafico pulito e professionale: Sfondo bianco per una migliore leggibilità Candele verdi per i movimenti rialzisti e ros
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AlphaLogic PropProtector: The Ultimate Equity Shield Protect your Prop Firm account with institutional-grade precision. Are you tired of losing Prop Firm challenges due to emotional over-trading or a few dollars' calculation error? Most traders fail because they lose track of their Daily Drawdown or Absolute Equity Floor . AlphaLogic PropProtector is a professional-grade utility designed for traders who take risk management seriously. Whether you are trading a $50,000 challenge or managi
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Created for signal providers, as well as for participation in various forex contests(and not only), can independently open an unlimited number of orders on the indicators RSI(Relative Strength Index) and MACD(Moving Average Convergence/Divergence) Expert signals are here. A series of experts: Lucky Star RSI and MACD, Lucky Star RSI, Lucky Star WPR , Lucky Star MA, Lucky Star SO, Lucky Star MACD, Lucky Star MA and SO, Lucky Star MA and MACD , Lucky Star SO and MACD the probability of winning r
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DD Stopper for MT4 | Protect Your Account from Excess Drawdown DD Stopper is a lightweight and powerful risk management utility for MetaTrader 4 that automatically closes all trades when your account drawdown reaches a defined amount in USD. Protect your capital. Trade with discipline. Eliminate emotional decisions. What This Tool Does DD Stopper continuously monitors your account and: Tracks real-time drawdown (Balance vs Equity or floating loss) Closes all open trades instantly when the
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Introducing Spread Screener and Candle Time Indicator - your all-in-one solution for seamless forex trading analysis! Designed with traders like you in mind, this cutting-edge tool revolutionizes the way you monitor spreads and track server time across multiple currency pairs. Best of all, it's completely free to download! Spread Screener empowers you to effortlessly monitor the spread of multiple currency pairs simultaneously. No more tedious switching between charts or guessing which pairs off
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Product Title Smart Momentum (MT4) – part of the SmartView series Short Description A Momentum indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique and distin
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Convenient and intuitive understandable EA for modify breakeven for orders opened by user or other advisors with a indent. It is useful both for modifying single orders and for calculating the breakeven level of a group of orders or martingale grid.
Expert Advisor can set both Take Profit and Stop Loss indented from the BU level in pips or percent of the deposit.
There are three options for working with orders goals: Only calculating and displaying levels on a chart, modify specified goals, o
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Forex Robot BOBOB
This EA forex robot concept is based on Market range value.
EA check the certain range (highest and lowest price) price and if the price break that level,
then EA will place the order in reversal.
Also the entry is judged based on Market trend directions.
EA can be run in any pairs but most of time, the major pair is desired.
Time frame is longer is better but short time frame such as M15 is possible.
EA default set is already optimized , so you can just run EA with
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MQLuxe A1 is a special MT4 Robot that is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits.
Set up an adviser according to the instructions !!! Important information :
please read this pages and see the youtube videos. For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for y
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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 th
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Trailing Even is a free complement for the Control adora Expert Adviser. It adds a trailing stop function and changes the exit level that works as stop loss if some price is reached, let's review how to make it work: First of all make sure you have the same language selected both in the Control adora Expert and in this indicator. Change of the exit level that works as stop loss with "BES" and "BEO": This function needs 2 arrows to work: 1 named BES (stands for Break Even Start) place it at the
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This is an indicator that works as a plug-in for Control-adora and lets you set buy limit (bl) or sell limit (sl) orders when a trigger level is reached. This could be useful when you want for example wait until the price breaks support or resistance level and then place a limit order to take advantage of this breakout with a better price. In order to use this indicator, after placing the indicator on the chart with the Control-adora expert working on it, just add 2 Price Labels or trend lines a
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A forward-looking EA that combines a Bollinger band and a parabolic indicator. Simple trading based on day trading. The maximum drawdown is a single digit, and the balance forms a clean upward trend. The stop loss value is larger than the take profit, but the winning percentage is profitable.
The maximum number of lots is 0.1. The maximum number of positions is 1. The usage time is 30M.
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Mobile Alert is a tool that allows you to send targeted messages to your mobile phone. You can control the number of messages received. This tool is particularly useful for systems that use Expert Advisors and where you may not be able to sit in front of your computer all the time. Simply have messages sent to your mobile phone and you’ll always be kept up to date with your trading activity and account balance.
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This is a standard Bollinger Bands indicator. I have added a quick control panel in the bottom left corner for it. When multiple different parameters of this indicator are simultaneously enabled, the control panel can quickly switch between different parameters of the indicator, making it easier to observe multiple indicators simultaneously. For example, it is possible to quickly switch observations while combining a period of 20 and a period of 30. Parameter description: Indicator ID: The uniqu
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VisualOrders and InfoAccount - an indicator for analyzing your own trading or analyzing someone else's account.
Additionally, there is a possibility to quickly obtain information on the account and the terminal. Information is placed both on the chart and in the Experts tab.
All displayed information is disabled in the settings, allowing the trader to leave only the necessary information.
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An indicator in the form of a panel for collecting statistics on spreads from a specified list of pairs. It is enough to open one chart and set an indicator to collect statistics for all specified pairs.
After completion of work, the panel writes values to a file, which allows not to interrupt statistics after completion of work.
Input parameters:
-Interval to update the spread for pairs (sec) Allows you to specify how often to collect statistics (allows you to reduce the load) -List of pair
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PendingOrderActivator manages pending orders in the forex market in a continuous cycle.
The user must configure the duration of the orders, stop loss levels, take profit levels, and the MagicNumber.
The expert advisor automatically places pending orders based on the distance from the current price and deletes them when the opposite order is triggered.
When an order is activated, the bot will take a break until the user reconfigures it or changes the timeframe, at which point the bot will reactiv
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Название стратегии: " Среднесрочный трендовый трейдинг "
Цель стратегии: Использование комбинации скользящих средних и индикатора относительной силы (RSI) для определения среднесрочных трендов и моментов входа в рынок.
Используемые индикаторы:
Скользящие средние (Moving Averages):
Длинная скользящая средняя: 50-периодная SMA (простое скользящее среднее)
Короткая скользящая средняя: 20-периодная SMA
Индикатор относительной силы (RSI):
Правила входа в позицию:
Покупка (Long Entry):
Когд
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Based on my original trading strategy, it appears that this EA is programmed to use technical analysis to identify an inside candle pattern in the current candle and wait for a breakout in either direction. If the price breaks out higher, the EA will place a buy order, and if it breaks out lower, the EA will place a sell order. The take profit and stop loss levels are set at 50 pips each.
Additionally, using a martingale strategy, which involves increasing the lot size after a losing trade, ca
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It's a very simple indicator. This is simply the CCI moving average. The CCI Moving Average Indicator allows us to reduce false signals and optimize our trading. The required indicator inputs are: CCI Period, CCI Applied Price, Period of CCI Moving Average and Method of CCI Moving Average. The chart displays the original CCI and its moving average. This is my first indicator that I publish. I hope the indicator will benefit you. The author of this indicator is Tomasz Buliński.
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Seamlessly switch between different pairs from one window, while maintaining your current chart template across all pairs. This tools simply obtain all pairs in your market watch window and grant you the ease of switching between them from one window while maintaining your current chart setup and all loaded indicators and chart objects across all the pairs available in your market watch window.
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you can plan you exit in terms of money/floating with this tool Once the negative or positive floating value reached this tool will close all opened positions
How to deal with big negative floating profit?
It will be very difficult to overcome this phase you can prevent with this phase with a exit strategy
It can be stop loss or close all orders if account has reached this much floating
FREE
IMP
The Panel presents a number of indicators in abbreviated form: 2 oscillators, 2 trend and 1 volume indicator. Location - upper left corner.
Indicators values and colors can be customized by the user. Combined with other market analysis, can greatly improve trading results. This Indicator is a suitable tool for beginners and professional traders as one.
Metta Trader 4 Indicator Version _1.0
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Objective: To automatically show the Fibonacci entries from last candle. Inputs: 1. Show/Hide the Fibonacci entries 2. Set where the Fibonacci will draw, 0 = current, 1 = last bar … (Default = 1) 3. Set the Fibonacci color 4. Set the line style 5. Set the minimum candle size automatically/manually in which the fib levels will appear 6. Set the candle size based on ADR/X Fibonacci levels: 23.6, 38.2, 50 Other Tools: https://www.mql5.com/en/market/product
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This indicators when combine with its slave version can help you a better view in backtesting visual mode. https://www.mql5.com/en/market/product/61574 They will help you in developing a multi time frame trading strategy. 1) Run backtest in visual mode 2) Add the master indicator to the backtesting chart 3) Add the slave indicators to other charts of the same symbol with different time frames. Run the backtest and you will see all the charts auto scrolling.
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The Bombay 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
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Profit Loss Symbols Dashboard Dashboard displays all manually entered pairs in settings and shows their profit loss information. One click to navigate between all pairs on one chart. Dashboard can be hide or displayed. Green Colour: Symbol(s) in Profit Red Colour: Symbol(s) in Loss Blue Colour: Current Chart Yellow Colour: Timeframe Selected
TRY HAWA GOLD WITH 80% WIN RATE
MT4 VERSION: https://www.mql5.com/en/market/product/58832 MT5 VERSIION: https://www.mql5.com/en/market/product/59276
Pleas
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Your feedback is valuable and appreciated.
I appreciate feedback on where the application is weak and what improvements or features would be beneficial.
This is a utility for setting trailing stops by value. Trailing stops are great tools for locking in profits as a trade progresses. When trades progress towards potential targets confidence in the trade should be reflected in management of the trade. Market exposure persists for the duration of the trade, and the choice to remain in a trade is
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Gaps Size 75 - Market Gap Indicator The Gaps Size 75 indicator reveals the gaps between the current day and the previous day, aiding your trading decisions. It is designed for the "END OF WEEK GAPS" strategy, allowing you to identify potential opportunities. This indicator supports up to 75 currency pairs, with additional pairs available upon request. The columns are color-coded for easy interpretation. For inquiries regarding the weekend gaps strategy, kindly send a private message. Gaps Size 7
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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
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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
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Moving Averages Divergence 3x3 Indicator uses the crossover technique for signaling the market trend and the trade opportunities as well. It applies 3 formats of the same indicator and allows them to plot the crossover signals which are interpreted as the trade signals along with the direction of the market trend. Moving Averages Divergence 3x3 Indicator can be applied to trade all kinds of forex currency pairs within the financial markets. Although, this indicator works well o
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ObiForex 75 Spreads Discover a powerful indicator showcasing instant spreads for 75 currency pairs. Unlock valuable insights for informed trading decisions and optimize your strategies. The indicator features 3 columns, providing a comprehensive view of the spreads. Spread reading can be effectively used with macroeconomic news. Share your strategies! For optimal performance, install the indicator on the USDJPY currency pair. Experience the capabilities of ObiForex 75 Spreads and elevate your tr
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This indicator shows the direction of the trend and trend change. Ganesha Trend Viewer is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw. Recommended time frame H1. Ganesha Trend Viewer is perfect for all Meta Trader symbols. (currencies, metals, cryptocurrencies, stocks and indices..) MT5 Version here!
Parameter setting
MA Short Period ----- Moving Average short period MA Long Period ----- Moving Average lon
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The PO_OSAA:Simple Beginner EA is a simple and user friendly ea,designed to open and close order. It is designed to be use alone. The PO_OSAA:Simple Beginner EA will open a new market order base on the author algorithm and modify it with TakeProfit and StopLoss. Examples: if conditions BUY, the ea will open buy order, Ea will modify the StopLoss with xPip and TakeProfit with(xPip)*3. This ea can be use by every level of forex trader.It can be use with all time frames.
Features Placing of order
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An EA to export trading history for FXer - Journaling and Analytics. fxer.net Register Create an API token Put EA on any chart (any TF is fine) Fill in the API token Follow analytics for better trading At FXer, our mission is clear: to empower traders like you with the tools needed to excel in the ever-changing world of trading. We are committed to providing top-tier, data-driven market analysis and trading intelligence, ensuring you can make well-informed decisions, manage risks effectively, an
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パラボリックのデータをもとにトレンドの方向性を1分足から月足まで表示します。 1分足から 月足 まで表示されているので今どの方向に価格が動いているのかがすぐに分かります。 更新はティク毎ではなくディフォルトでは1秒毎、もちろん変更も可能なのでチャートの表示が遅くなるようなことはありません。 機能: どの通貨でも表示可能になります。 パラボリックの数値を変更することは可能になります。 上昇時と下降時のアイコンの色を指定することが可能になります。 表示位置(Y軸)が変更可能 になります。 表示位置 (左上 、 右上 、 左下 、 右下) が 指定 が可能 になります。 フォント を指定することが可能になります。 フォントサイズ が 変更可能 になります。 アイコンのサイズ が 変更可能 になります。 週足、 月足 の非表示 が 可能 になります。
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OnBoard stats is a panel that show in a single view a lot of usefull information about working orders and trading account. It has 4 different sub-panels (from left to right): Symbols order statistics : it can be found symbols for which there are orders (market or pendings). Symbol with pendings are colored with "Pendings color". Clicking on a specific symbol row, chart will be changed to that symbol. Current symbol statistics : informations about the "current" symbol, the one which is opened in
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Keyboard Trading Open and Close orders with your keyboard. This tool allows you to open and close orders with your keyboard. As opening and closing orders with your keyboard is faster than with your mouse, this tool is very useful for Scalpers. How does it work? If you press the key "b", it will open a buy order with lot size, SL and TP as specified in the settings. If you press the key "s", it will open a sell order with lot size, SL and TP as specified in the settings. If you press the key "c
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This indicator is a tool to measure the relative strength of different currency pairs. It used a user selected base currency as a comparing standard, and evaluate all other major currencies base on their relative strength/weakness. the stronger one currency compare to the base currency, the higher its value. Base currency has a fix strength value of 50.
Indicator parameters Strength Period - Change the strength period in the settings affects the number of bars used for calculation. The higher t
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Indicator: The DEMA MACD Zone Divergence This is a powerful, multi-timeframe trend-following indicator based on the Moving Average Convergence Divergence (MACD) , but enhanced using Double Exponential Moving Averages (DEMA) for reduced lag. Its main function is to paint the background of the price chart with color-coded rectangular zones, clearly signaling the current momentum phase and potential shifts in market control (bullish or bearish). Core Purpose To visually map the strength and phas
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This indicator allows to hide ATR oscillator (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 Information on "Average True Range" indicator is available here: https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/average_true_range ************************************************************* Hey traders!! Give me your feeds! We are a community here and we have the same
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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
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Overview The Sextet is an MT4 trend-alignment indicator based on a sequence of six moving-average levels. Each level is calculated from the previous one, creating a layered view of trend structure. The indicator marks conditions where the moving-average levels align in order, which can help traders observe trend direction and trend organization more clearly. Key Features Displays six moving-average levels. Uses a layered moving-average sequence. Helps visualize trend alignment and directional st
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This EA recognizes candlestick patterns, opens trades depending on the last candlestick pattern, and also displays its name (when the ShowInfo option is enabled) directly on the chart of the currency pair. There are also additional indicators whose parameters are adjustable (for example, ADX volatility indicator, dynamic stop loss parameter, trailing stop). The EA can determine both simple models consisting of 1 candlestick, and complex ones from 2 to 5 candles. The simple version of this advise
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MQLTA Instrument Details shows you in an easy to read in chart table the details about the instrument/Symbol, including: Label Trade Mode Default Contract Size Minimum Size Maximum Size Size Step Digits Used Tick Size Tick Value Stop Level Bid Ask Spread
Parameters Indicator name to create the objects Default Window when opening the indicator Horizontal offset Vertical offset If you like this tool please take a minute to leave a review. If you have suggestions to improve it please send me a mes
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Free for an unlimited period! 【Eliminate Market Noise】High-Precision Trend Channel that Automatically Adapts to Volatility The "Adaptive Trend Channel Pro v1.0" was developed to completely resolve the shortcomings of conventional fixed-width channels (such as Moving Averages ± Pips). The channel width dynamically expands and contracts according to the market's Average True Range (ATR) , which is the current volatility. This avoids false signals during ranging markets and provides highly relia
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This indicator helps you to comfirm SMAs' crossovers by draw a signal line that determines SMA movement direction. when Short SMA cross above Long SMA and Close price is above the signal several bars later, then uptrend is expected. when Short SMA cross below Long SMA and Close price is below the signal several bars later, then downtrend is expected.
Input Description :
MA_Period_short: Short-term SMA's period. Used for short-term PriceX. Must be higher than 1. MA_Period_long: Long-term SMA's
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How the Indicator Works:
This is a Multi-timeframe MA multimeter indicator which studies if price is above or below a particular EMA range and shows Red/Green/Yellow signals. Red: Price Below EMA range Green: Price above range Yellow: Price within range
Indicator Properties:
EMA Settings: - Default Period is 200. You can change all MA Settings like Period, MA Method (SMA, EMA, etc) or MA Applied Price (Close, Open, etc).
- EMA Range list is a comma separated value list for different timeframes
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This Expert Advisor works as a slave in a trade copier system. It reads trading instructions from a CSV file and replicates the orders in the MetaTrader 4 terminal. It is designed to work with a master EA that writes trades to the same file. The EA continuously monitors the file for updates and synchronizes the local terminal by opening, modifying, or closing trades accordingly. What it does: Reads trade data from a CSV file located in the Common Files directory Parses order ID, symbol, order ty
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Product Description Trades Closer EA for MetaTrader 4 — the fastest and simplest way to close all your open or pending trades instantly with a single click. This tool is designed for traders who value speed, precision, and full control over their trading positions. With an intuitive and customizable interface, Trades Closer EA helps you manage orders efficiently, saving time and minimizing human error. Key Features Close open trades , pending orders , or both on any selected symbol instantly.
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If an Expert Advisor cannot make profit on any instrument or any timeframe, it is a bad Expert Advisor. This algorithm used the regularities inherent to any market. You can adjust this EA for working on virtually any instrument, or even on all of them at once, it all depends on your trading style. The algorithm determines the reversal points with a certain probability based on the statistical data. The market is considered to be a random process. A random process has a normal distribution of pro
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Description Cube EURUSD is a bias trading robot that sells and buys at predefined hours on specific days. It goes long on Monday, Wednesday and Thursday and it goes short on Wednesday, Thursday and Friday. Every entry is filtered out by a specific condition that aims to reduce false signal and to increase the average win. It works just on EURUSD timeframe H1.
Key Features Absence of dangerous algorithms. It works just when the bar is closed. Each order has a protective dynamic SL and TP level b
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MerkaStudent is a basic version of an expert advisor that allows us to understand part of the behavior of a chart in historical time.
It uses some basic parameters in trading, which allows us to understand mathematically how a chart moves and thus know what is our mathematical expectation in the historical period analyzed. Starting from a mathematical logic, we can create a strategy to evaluate its results.
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28 market in a Single Indicator! You have 8 Lines and each represents a currency { EUR - USD - GBP - JPY - AUD - NZD - CAD - CHF } .
What It Does? It calculates a custom oscillator on all 28 Forex Pairs and draws you the Strength of each currency. This way you can analyze the Trend and the Volatility on a Multicurrency Rate. Also by Clicking on two different currencies instantly changes the market.
How To Use It? You can use this indicator to find true market contractions when two currencie
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This is a light version of OneClickWonder. It has a limitation of lotsize ( 0.01 ) and also the trade direction (only SELL ) and magic number is fiexd (magic number = 11 ) ------------------------------------ OneClickWonder manages open trades by Magic Number and Symbol , providing: · Individual or Basket Trailing Stop · Optional Averaging system (adds new trades automatically) · OneClickOrder buttons (BUY / SELL directly from chart) · Works
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BRiCK is a simple and versatile Utility.
By combining Experts, Indicators and utilities like the Lego block, various trading styles can be realized. "BetByTrade" is a utility to automatically add / close positions when trading. If you open the position in the trade pool, if the calculation result of the betting method exceeds the initial lot, the utility will order additional.
If you close the position in the trade pool, if the position that was additionally ordered by the utility remains, it w
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Genaral: Not martingale, not a grid; Use on EURUSD Use on M5
Signals: There is a good rational algorithm. Work of two indicators: 2 DeMarker (from 2 timeframes) (you can set a separate Timeframe for each indicator)
Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot
Important: EA can work on closed candles, and on current candles;
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Genaral: Not martingale, not a grid; Use on EURUSD Use on M5
Signals: There is a good rational algorithm. Work of two indicators: CCI and OsMA (from 2 timeframes) (you can set a separate Timeframe for each indicator)
Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot
Important: EA can work on closed candles, and on current candle
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I came up with an idea for an EA, so let's put it in English.
Here's the logic:
First, wait for a candlestick to touch either the upper or lower Bollinger Band.
When it touches, don't enter immediately.
For a SELL entry, wait for the price to touch the upper band, then if the closing price moves inside the upper band, initiate the SELL order.
For a BUY entry, it's the opposite.
The default number of orders to hold simultaneously is set to 5.
In other words, all orders will close at a tota
FREE
This Expert Advisor closes all open positions and pending orders. It is possible to close only buy or sale orders, market or pending orders, positions with profit or loss.
You can to get source code from here .
Parameters CloseAllBuy - close buy positions. CloseAllSell - close sell positions. CloseMarketOrders - close market orders. DeletePendingOrders - delete pending orders. CloseOnlyProfit - close only profitable orders. CloseOnlyLoss - close only loss-making orders. ClearChart - clear the
FREE
Learn how to purchase a trading robot from the MetaTrader Market, the store of application for the MetaTrader platform.
The MQL5.community Payment System supports transactions via PayPal, bank cards and popular payment systems. We strongly recommend that you test the trading robot before buying, for a better customer experience.
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