This is EA places OCO orders just before the market events such as employment statistics. Settlement is carried out by the trailing stop. It is possible to place OCO orders two times. Parameters magic - set magic number. lots - set the number of lots. 0.1 means ten thousand currency. The OpenDateTime: When it comes to the local time that you set, you can place the OCO order. The CloseDateTime: When it comes to the local time that you set, and then close the ticket. profitPips - set p
Forex Robot Based on MACD Divergence Forex Robot uses MACD divergence indicator. Currencies: EURUSD, GBPUSD, AUDUSD, USDCAD, EURGBP, EURJPY, GBPCHF and GBPCAD. It opens an order in the direction of the arrow. If the price goes against our position and divergence appears again on MACD indicator, robot will open one more order. The robot will close all positions, if the total open interest reached a profit target. The following list illustrates optimal RiskRatio values per AccountBalance: 5
Features Supports the creation of Monthly, Weekly, Daily, 4 Hours, 1 Hours and 30 Minutes Market Profile. Daily Profile can have custom start time. Merge and Split of Market Profile Market Profile References Point can be exported to CSV format for any further analysis. Indicator Parameters Indicator Update Interval - Choose indicator calculation period from 250 milliseconds to 2.5 seconds Indicator Setting ID - An ID for this particular indicator setting. Profile Number
The script creates account summary report in a separate window. The report can be created for all deals and for deals on selected financial instruments. It is possible to specify a time interval of calculation and save report to an htm file. Script inputs report starting date - initial report generation date.symbols selection for report - select a method of choosing tools for a report generation.allSymbol - report is generated for deals performed on all symbols.onlyCurrentSymbol - report is
This indicator shows you the angle of the moving average according to your settings in a separate window. It also shows the angle written on the chart, which can also be adjusted. The main features and input variables provided include: MAPeriod: This is the period for your moving average. The default MAPeriod is 5. LookBack: This is a very important variable. It allows you to set the look back bar, from which the angle will be measured. For example, if your LookBack is 5, then indicator will
This indicator evaluates the market sentiment using raw price action measurements, and it is an amazing trading confirmation. It can be used to take a trend-trade approach or a contrarian approach using reversal patterns. [ Installation Guide | Update Guide | Troubleshooting| FAQ| All Products ] Find early reversals Confirm short-term trades Detect indecision on the market Take contrarian trades near support and resistance levels Trade inside bars confirmed by overall direction
Energy line is calculated similar to kinetic energy in physics: E = (mv^2)/2. Tick volumes (money stock) are used as mass, while price rate of change (ROC) is used as velocity. Energy direction (positive or negative) is defined by ROC direction. Chaikin Volatility (CHV) indicator is additionally used. Since the volatility starts increasing before the price actually moves, CHV notifies of the increased market activity in advance. Calculations result in the energy release, which usually occurs b
The indicator determines support/resistance levels over a chart area specified in "AllBars" parameter. The line width changes depending on the importance of the level (the number of fractals used to form it - by default 3, 5, 7, 10 - can be changed using the Width2Level parameter). The main purpose of the indicator is to reduce the amount of manual operation to the minimum and facilitate the market analysis. The number of the last bars taken into account is set using the "BarsActuality" paramete
CE (Cumulative Energy) Oscillator transforms the input data time series into cumulative lines. The indicator also has the built-in energy indicator. Two moving averages are used for market entry. Users can specify the calculation period for each line in the parameter settings. Err - rounding error value for Energy line. ArrowShow displays the arrows showing the current direction of the indicator lines. DraeHistogram specifies representation of the cumulative lines as a histogram from the ze
The Expert Advisor trades EURUSD on М30 chart. It has been tested using data from 1999 to 2014. The Expert Advisor works on a real account, opening 1 position at a time. It uses TP, SL and TS, performing 8-10 deals a month. In the input data, N is the deposit load in % (for a USD account with leverage 1:100). I recommend to use the value of up to 5%, although the Expert Advisor will be functional at N=10 but will show big drawdown of up to 70%. Drawdown is possible in the course of operation. I
The Expert Advisor works on EURUSD, H1. It has been backtested from 1999 to 2014, and it works on a real account. Not more than 1 position can be opened simultaneously. 8 deals are performed on the average per month. TP, SL and TS are used. N parameter is a trading account load in % (for USD account and the leverage of 1:100). It is recommended to load not more than 10% (the optimal value is 5%). The drawdowns are possible. Input parameters: TakeProfit - take profit in points. TrailingStop
Summary of the Expert Advisor This EA will trade using standard MT4 indicators such as Moving Averages, MACD, RSI, Bollinger Bands, and so on. The EA was made so that these indicators can be mixed or matched so a number of possibilities can be traded with. Each indicator can be enabled or disabled and many settings are adjustable for each indicator. There are also other features included like multiple time frame capability and money management. As a result, many different trading strategies can
The indicator identifies the direction and strength of the trend. Bearish trend areas are marked with red color, bullish areas are marked with blue color. A thin blue line indicates that a bearish trend is about to end, and it is necessary to prepare for a bullish one. The strongest signals are at the points when the filled areas start expanding. The indicator has only two parameters: period - period; offset - offset.The greater the period, the more accurate the trend identification,
This indicator is intended for identifying the most frequently seen pattern on a price chart - the 1-2-3 pattern. This pattern is displayed in the chart only after it was fully formed, i.e. when the price has broken point #2. It features notifications using alerts or simply using a sound signal. When the price breaks the pivot formed by the indicator, you can hear the signal sound and see the relevant marking made. In addition to the pattern, the indicator displays the pivot and target levels of
The main purpose of the indicator development has been the allocation of basic market movement zones. I have allocated three basic and two additional zones. These are the working zone (where 90% of the market movement occurs), two assumed market reversal (BUY and SELL) ones and additional zones of containment during the rollback. Also, placing static and dynamic Fibo levels (extensions), as well as ability to apply indicators with different TF settings are provided. This indicator is not redrawn
This tool was inspired by a low period MA (3-9) crossover and standard deviation channel breakout frequently used in different strategies as entry signals (signals of the wave end or start). This indicator uses the change of a candlestick (bar) color to the opposite one as such signal. Scaling is done automatically depending on the number of visible bars. There is a possibility to enable the alert signal and a notification via email. The analysis of its performance has shown that it can indepen
This is a pattern detection indicator. It also draws Support and Resistance lines, depending on user settings. Main features: Draws Support and Resistance lines of the SRPeriod Detects four patterns including Pin bars, Engulfing bars, Pingulfing bars and 2 bar reversal patterns Includes the feature to enable/disable Support and Resistance lines Includes the feature to enable/disable detection of any of the specified patterns Includes the feature to enable/disable alerts Every candle pat
The indicator has been developed to enhance the features of Argo AO basic. However, according to the Market rules, "all indicators that are necessary for operation should be included in the product's resources". Therefore, I have had to modify it to let the product become an independent tool, though it has limited capabilities without "Argo AO basic". The indicator simplifies the wave labeling. Two labeling versions are provided (while only case #1 is viable with conventional АО). The beginn
This indicator uses past market cycles to predict future price movements. The predictions are drawn as vertical lines on the right side of the chart where the market has not advanced to yet. A prediction will many times result in the type of candle (ex. bull or bear) and/or a reversal point (ex. bottom or top) forming at this exact time. The lines are drawn well in advance which makes this a unique indicator. Benefits The indicator does not repaint, move, or delete lines! It also does not l
The concept of bands, or two lines that surround price, is that you will see overbought and oversold conditions. The proposed indicator has the ability to increase a smooth-effect in the bands Indicator. This indicator could play an important role in determining support and resistance. nPeriod input parameter determines number of Bars for Moving Above Bands calculation.
This indicator is suitable for seeing trends and determining the time to open a position. It is equipped with a Stop Loss position. Easy to use. Just watch the arrows provided. Indicator parameters Shift - the number of bars used for the indicator shift to Right. Shift_SL - the number of bars used for the indicator shift SL line to Right Aperture - the number of bars used for Aperture Step - the number of pips for down or Up trend lines Dinamic - if 'true' is step calcuulate
The Forecast Moving average and Emission MT4 (FME) indicator calculates four lines. Forecast is the price forecast with horizon 5. Fast moving average - fast moving average with the averaging period FastPeriod. Slow moving average - slow moving averaging with the averaging period SlowPeriod Emission - adaptive emission line. The idea of plotting this line was inspired by Sergey Pavlov's article "Drawing Indicator's Emissions in MQL5". The line is automatically rearranged depending on the
CE oscillator for FME indicator MT4 is a version of the CE oscillator tailored for use together with the Forecast Moving average and Emission MT4 (FME) trend indicator. Input is formed by the FME data alone. Two indicators are brought together as a single trading system using identical settings of the main parameters (see screenshots of the parameter windows). Additional parameters: err - round-off error of the Energy parameter value. It decreases the Energy line "contact noise" when it is n
RoboTick is an aggressive math scalper. EA trades M15 period applying a universal strategy appropriate for each symbol. The Expert Advisor is a result of improvements in the earlier trading robot first edition. Improvements involved increasing profitability and reliability in real trading. The Expert Advisor works on all pairs. Editable input parameters. Maximum results are shown when trading two pairs simultaneously - EURUSD and USDCHF. In that case, buy and sell orders are balanced.
The Expert Advisor modifies the Stop Loss order position opened for the instrument of the current chart based on indicator values. Uses indicators Parabolic SAR, NRTR (Nick Rypock Trailing Reverse), Moving Average or linear regression channel. Switchable modes: Trailing stop only when in profit; Trailing stop only following the price; On every teak or on formed bars; Trailing for each order separately or for a total position.Has an option of "hidden stop", also you can exclude individual
The indicator draws two simple moving averages using High and Low prices. The MA_High line is displayed when the moving average is directed downwards. It can be used for setting a stop order for a sell position. The MA_Low line is displayed when the moving average is directed upwards. It can be used for setting a stop order for a buy position. The indicator is used in the TrailingStop Expert Advisor. Parameters Period - period of calculation of the moving average.Deviation - rate of converg
Spearman Divergence Spearman Divergence Generation III is a modern indicator with complex mathematic algorithm (BJF Trading Group innovation). You will see divergences on the chart and indicator. Arrows are painted above/below the open bar and not in the past. You can see when actually you can trade. It is never too late! Signals are based on closed bars, so the arrows above/below the open bar never disappear. MetaTrader 4 Indicator Spearman Divergence - Short explanation MT4 Indicator Spearm
MetaTrader 4 Wolfe Wave Indicator draws Wolfe Wave in fully automated mode. Benefits We do not use ZigZag and work with fractals. Our indicator can recognize all Wolfe Wave patterns on specified time range. So we check every top for potential 1,2,3,4,5 points not only ZigZag tops. Indicator has a lot of adjustable parameters.
Demo version of RS Levels MT4. Allows estimating the indicator on EURUSD. The indicator plots horizontal support and resistance levels using grouping of extrema. The levels are displayed as lines whose color depends on how many times the level was a support or resistance line over the specified interval. You can also display counters for support, resistance and age of the level in text format. The age of the level indicates how many bars back the level had the most recent impact on th
The product is based on Moving Average indicator and implements a trend following strategy. The Expert Advisor makes decision on placing market orders (buy or sell) according to an incoming signal based on the indicator. Fine tuning allows optimizing parameters for any currency pair, as well as individually define market entry and exit points. The product is fully automated and able to perform deals without user's intervention. Key Features: Profitable positions are kept running for as
ZigZag_FT is a combination of two good indicators. The first one is ZigZag with adjustable wave height (found it in Code Base). The second on is Bill Williams' fractals. These indicators complement each other. ZigZag is used for detecting Elliott waves, and Fractals show the structure of each wave. The height of ZigZags can be (and it should be) adjusted depending on the timeframe the indicator is used with. Fitted values of "Minimum points in a ray" parameter for different timeframes are li
It predicts the most likely short-term price movement based on advanced mathematical calculations. Features Estimation of immediate price movement;Calculation of the real market trend;Calculation of the most important support and resistance levels;Algorithms optimized for making complex mathematical calculations with a minimal drain of system resources;Self-adjusting for better performance, so it’s able to work properly at any symbol (no matter how exotic it is) and any timeframe;Compatible wi
Fibonacci SR Indicator This indicator creates support and resistance lines. This indicator is based on Fibonacci Retracement and Extension levels. It will consider many combinations of the Fibonacci levels and draw support/resistance lines based on these. This indicator uses tops and bottoms drawn by the ZigZag indicator in its calculations. The ZigZag can also be drawn on the chart, if necessary. The indicator considers many combinations of past reversal points and Fibonacci ratio levels, and
The indicator gives signals on trend reversal or the possible direction of price movement when leaving the flat movement. Features and settings: Sensitivity = 3 - sensitivity from 1 to 5; the higher the value, the more signals (example displayed in the screenshot below).DeepBars = 3000 - indicator display depth. ZeroBarCalc = false - use a zero bar in the calculations; if yes, the signal will appear earlier, but it may disappear before the current candlestick is closed. UseAlert = false -
Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order), calculating and closing for BUY and SELL positions separately (Separate BUY SELL), closing and calculating all symbols or the current symbol only (All Symbols), enable trailing for profit (Trailing Profit) Positions are closed based on a value in deposit currency, points, % and drawdown. The application is designed for use o
IceFX DrawProfit indicator can efficiently help those traders who want to see on the chart all closed positions output: profit or loss. If you set DrawProfit on your chart managed by an Expert Advisor (EA), you will clearly see its performance by its profits & losses. Main Features: Draws closed order lines Draws profit/loss of closed orders in currency Sums orders by candles MagicNumber filter for EAs Comment filter Input parameters: ShowProfitLabels: show profit of orders with a la
The indicator is based on Scott Lowry moving average cross. I have developed combining different kinds of moving averages and showing the best buy or sell order. You can enable alerts when conditions to buy or sell are met. It is recommended to use the indicator on trend markets. The buy or sell signals are based on the book entry when the signal is following a tendency based on moving averages and after the correction.
A form of technical analysis based on the ideas that the market is geometric and cyclical in nature. A Gann Fan consists of a series of diagonal lines called Gann angles, of which there are nine. These angles are superimposed over a price chart to show a security's support and resistance levels. The resulting image is supposed to help technical analysts predict price changes. Although once drawn by hand, today Gann Fans can be drawn with software programs. This indicator draws Gan
Description Fibo Levels is an indicator that automatically plots Fibonacci levels. The levels are calculated and plotted over a certain interval using the number of bars specified by the user. When the price achieve one of the target levels (23.6%, 38.2%, 50% or 61.8%) the indicator at the request of the user gives a sound signal and/or sends the message by e-mail. Example of the e-mail notification: Subject: Fibo Up Signal Message: Signal,H1 - Correction of EURUSD reached
Description Magneto Pro is an MT4 indicator. It displays alternative (mathematically calculated) support and resistance levels, as well as the levels the price is most likely to achieve in the near future. The calculation is based on history data, and the quality of quotes is critical when generating lines. The lines built by Magneto Pro and Magneto Weekly Pro do not change on the entire calculation period. Application Magneto Pro can be used both in conjunction with an existing strategy a
IceFX SetExtractor is a script which is able to produce preset files (*.set) from any OptimizationReport.htm generated by MetaTrader 4. Please copy the optimization file to MetaTrader\MQL4\Files folder and then run SetExtractor script. If the file name is different please change it and then press OK and the program will prepare all the presets from the optimization file. The generated file name(s) will be named by the EA name (from the optimization file) profit value and drawdown as well. The f
The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol. Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time. Please be sure the relevant history datas have been downloaded before synchronize charts. The free demo version is: https://www.mql5.com/en/market/product/31242
Alex Profis is a fully automated Expert Advisor for Forex trading. The EA uses the strategy based on price levels' breakout. The main rule of the EA is to preserve and increase the account balance without large risks. Therefore, the EA is in the market for mere minutes, sometimes seconds per day. The best results are achieved on GBP/USD, EUR/USD, USD/JPY. The EA works on H1. The product requires a low-spread broker with accurate order execution. Real account monitoring: https://www.mql5.com/
Scalping strategy that uses one order on EURUSD М15 (can also be applied to М5 and М1, but with different settings). The product has been tested on the entire history from 01.01.1999 to 01.02.2014. The robot is sensitive to spread. It should be used only on ECN accounts with spreads not exceeding 2 (5 digits). In the source data, N is a deposit load (for USD account currency and the leverage of 1:100). I recommend to use N=2.5 and not exceed it over 5 for comfortable trading. Input parameters:
Efficient and non-repainting Pin Bars pattern detector indicator with the following abilities. I called it efficient as I personally tried each pin bar detector (available online) when developing an Expert Advisor for a client but no pin bar detector was able to give correct signal. Can detect pin bars in any currency pair and in all time frames. Ability to change color and size of detecting points (smiley faces). Ability to change the distance offset of the smiley faces from the ca
The indicator allows traders to apply any symbol and timeframe chart to the current one (so that two or more charts are displayed in a single window). The applied chart can be shifted by time and price axes (auto or manual shift according to the settings). The indicator can also display open orders on selected pairs (open, stop loss and take profit levels). Settings Symbol_ = EURUSD - applied currency pair symbol. Period_ = 15 - timeframe; if = 0, the current chart's timeframe is used. C
A very good HUD which can give following information about current currency chart: Current Candle Range in pips; Current Candle Body in pips; ATR value of any time-frame you want in pips; Spread in pips; GMT Time; Price (if the color is red, it means that the price is decreasing; green means increasing).You can change the HUD corner, color, font size, ATR Period, ATR timeframe and GMT Offset from Broker Server Time with following input variables provided: ATRTimeFrame - select a timef
Expert Advisor Plan B4 is based on analyzing of price action. Positions are closed when opposite signals appear. Input Parameters Period - number of bars to be analyzed; Mode - operation mode of the Expert Advisor (0-11); Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the free margin.The screenshots demonstrate the backtesting results. The Expert Advisor was tested on EURUSD M30 in the "Every tick" mode from 07.01.2013 to 08.02.2014. The Expert Advisor was
Expert Advisor Pipsburger 4 is based on analyzing the price action. Positions are closed when opposite signals appear. Input Parameters Period - number of bars to be analyzed; Lifetime - minimum time of the position life in bars; Mode - operation mode of the Expert Advisor (0-80); Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the free margin.The screenshots demonstrate the backtesting results. The Expert Advisor was tested on EURUSD M30 in the "Every tick"
This indicator forms a signal for opening a buy or sell order. It is based on the analysis of the situation at the crossing of two moving averages with different periods (set by the values of WavePeriod and AvgPeriod variables). The indicator is designed to be used on Н1 time frame. It can also work on higher and lower time frames, in which case it is advisable to run the optimization and use the more appropriate values of WavePeriod and AvgPeriod variables, rather than 10 and 21, respectively,
This indicator allows you to trade based on the following signals: The green line goes up - we buy on the second bar; the green line breaks downwards - we close the buy position. The red line goes down - we sell on the second bar; the red line breaks upwards - we close the sell position.The indicator can be used for trading independently or as an additional filter. It shows good results on senior time frames from one hour and up. I use it in some Expert Advisors.
This indicator is developed based on the standard Accelerator Oscillator, enhanced with variables for changing the period of moving averages, which expands its functionality. The use of the indicator is similar to the standard iAC. It can be used for trading independently or as an additional filter. The indicator operates on lower time frames from 15 minutes and less or as an additional filter on senior time frames. I use it in some of my trading systems.
A script for opening a grid of orders If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script. Usage: Run the script on a chart. Input Parameters: Language of messages displayed (EN, RU) - language of the output messages (English, Russian). Price for open - open price. If set to 0, the orders will be p
The Happy Buyer Expert Advisor trades intraday pending orders using a small number of trades and only two optimizable parameters. Lot - fixed lot value. FreeMarginPercent - percent of free margin for the calculation of lot size. If it is equal to 0, the fixed lot is used. DeltaTP – Take Profit value. DeltaSL - Stop Loss value. ShortTrade – short positions allowed (only for testing). Working symbol - EURUSD. Working time frame - M5. Historical data on D1 is required. Furthermore, you ne
This indicator implements the "Awesome Oscillator" operation principles and shows us the current market force situation. It uses the same trading principles but differs from АО in that it has three calculation methods: 1 - classical, 2 - classical without lag and 3 - calculation as a digital filter. Method #3 is the "fastest" one and is interpreted differently from the classical AO. The indicator also displays "classic divergence" and "reverse divergence". The line of the last "reverse divergenc
A moving average is commonly used with time series data to smooth out short-term fluctuations and determine longer-term trends. The proposed indicator has an ability to increasing a smooth-effect. This indicator could play an important role in determining support and resistance. An input parameter nPeriod determines number of Bars for Moving AboveAverage calculation.
I am happy to offer you my new upgraded Expert Advisor that trades ON NEWS and ON EVENTS that have a strong influence on the market, but do not occur on schedule! The EA opens trades in case of a sudden price change in any direction and closes them automatically with the profit that you wish. And we all know how often the price changes when a "successful" news appears, how far it can go up or down. Also, this robot protects your deposit by placing SL with customizable parameters. This EA can b
This EA uses two main strategies on EURUSD: First strategy based on ATR/ iMACD indicators. Second strategy based on Bollinger bands, iMA and Divergence indicators.Other features: Spike trading on both strategies (customizable spike pips size). Auto trailing stop at the middle of the last candle (customizable StopLoss and Trailing Threshold).
George’s Trend is an Expert Advisor that follows trend following logic. It was designed with the old trader’s axiom "The Trend is Your Friend". The name "George’s Trend" arose from the fact that a MetaTrader Expert Advisor is essentially a trading robot and I decided to personalize the robot I was designing by giving him the name George. George does not wish to be in the markets at all times. His mission is to locate when a trend is occurring in the market’s direction and follow it for a
Индикатор Magneto Weekly Pro отображает: Недельные важные линии поддержки и сопротивления (выделены желтым, красным и синим цветами). Основные недельные цели (выделены белым цветом). Недельные паттерны возврата цены (обозначаются красными флажками).Применение индикатора Magneto Pro можно использовать и как дополнение к существующей стратегии, и как самодостаточную торговую стратегию. Данный продукт состоит из двух индикаторов, работающих на разных временных промежутках, и предназначе
Trading Panel for manual trading. You can trade from the chart (chart window) or the keyboard. Opening and closing, Reverse and Lock. Work with positions and orders! The trading control panel of main orders in МetaТrader 4: buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, trailing stop, stoploss, takeproft. Trade from the CHART and trade from the KEYBOARD! You are holding a unique plugin for the MetaTrader 4 terminal - virtual control panel VirtualTradePad.
A free indicator for determining the numbers of bars on the chart or selecting a specified number of bars using the number histogram. In addition, it automatically displays the date, time, Open, High, Low and Close of the bar with the selected static or dynamic number and highlights it by drawing a vertical line. ID Numbers of bars offers several ways for selecting the required bars and combining them: automatic change of the histogram color after a specified number, limit on the number of the
VirtualTradePad - One Click Trading from Graph or Keyboard Lite is a demo version FULL version panel for the МetaТrader 4 terminal. FULL version panel for the МetaТrader 5 terminal. VirtualTradePad - Full Description Working tabs Positions tab is for working with positions. It includes: opening BUY and SELL, closing, reversing, locking, changing stop loss and take profit, modification, activation of trailing stop, closing only profitable positions, closi