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New Expert Advisors and Indicators for MetaTrader 4 - 243

icon Trading robots perform market transactions automatically, while indicators allow you to better analyze quotes and predict the price behavior. With these applications, you will be able to perform deals in MetaTrader 4 in a more informed manner, while capturing more opportunities.
CutTheTrend FX
Roman Vashchilin
CutTheTrend FX is an automated trading Expert Advisor, which does not use indicators, because the analysis of history often leads to incorrect decisions in the future. The Expert Advisor analyses the current market situation based on Price Action and opens a position according to these calculations. It opens one position, but, if necessary, can apply grid algorithms to maintain positive operation. Also the EA is equipped with protective techniques, such as Trailing stop and Risk Blocking (see th
Peak Power
Dmitry Shutov
Overview It only needs a small initial deposit. Immunity to the large delay and the size of the spread. ‌ ‌Monitoring of my accounts : https://www.mql5.com/en/signals/author/mizrael How it works The EA opens orders based on a built-in indicator. The EA determines the order with the greatest negative profit each tick. Then it determines the total profit of Buy and Sell orders on each currency pair. If the total profit of Buy or Sell orders on each currency pair exceeds the value of the Profit p
Forest
Vadim Podoprigora
Forest is a Trend Expert Advisor based on the analysis of a unique mathematical model of trend lines, which allows you to determine the trend movement. The Expert Advisor is most suitable for the currency pair "USDCHF" on period "H1". The EA can work on any type of accounts, and with any brokers. The EA uses mathematical analysis to open trades and applies loss control to open trades. At its core, the EA does not use any risky systems with the increase in the volume or increase in the number of
The oscillator shows reversal points and the movement strength very well. It can be used on any symbol and any timeframe. It has a parameter of the level when the signal reaches the required power. The indicator is very easy to setup. Indicator bars are not redrawn. Description of the Parameters PeriodPower - signal power calculation period LevelPower - the required level of the signal power
Third Wave EA
Sergey Mikhalchuk
Monitoring of online trading on a DEMO account https://www.mql5.com/en/signals/2000836 The Idea Finding the third Elliott wave. Analyze the market as a wave structure in the format of 1-2-3 waves. Algorithm The EA analyzes the closed bars using a simple algorithm with the ability to adjust various parameters. Reference point - touching of the High/Low of a certain bars range. After an impulse in the direction of the reference point, the EA waits for a rollback - the second wave. As soon as
News Robo
Thushara Dissanayake
2 (1)
The News Robo Expert Advisor is a powerful tool designed to assist news traders in opening pending orders with hidden stop loss during news releases. It offers several features that enhance your trading experience and protect your trades. One of the key features of News Robo is the hidden stop loss, which is ideal for news traders who prefer to conceal their stop loss from market maker brokers. The stop loss is automatically revealed once a profitable position is achieved, allowing you to secure
Flexible EA
Nicolas Zouein
4.3 (10)
Flexible EA works by loading your custom indicators into the EA to trigger Buy/Sell signals and TP/SL signals, also it has built-in advanced grid, averaging, trailing, and filtering systems. Many times it happened that you grabbed a nice indicator and sat watching its beautiful blue and red arrows or dots popping up on your chart indicating buy/sell signals that you only wished if you can backtest this indicator to see it's performance. Well this happened to all of us and many many times. On top
Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d
GS grid
Aleksander Gladkov
5 (4)
Uses an advanced grid algorithm with no martingale or limited Martingale (default) (version for MT5: GS grid5 ) . Defines and control the current trend; It switches himself its parameters in accordance with the current market conditions ; Flexible customizable grid algorithm with or without martingale; Drawdown reduction algorithm (DD Reduction Algoritm); Hedge algorithm; Interactive trade control buttons; The ability to open / close orders manually; News filter to prevent trading during news
SuperTrend Scanner
FXsolutions
4.43 (14)
This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time
Williams Dashboard
Pablo Mozo Bel
5 (1)
The Williams Dashboard is an information panel which allows you to have a global market vision through a Williams Percent Range. Williams Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main Features of Williams Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Williams Percent Range situations to discover when an asset is o
The CCI Dashboard is an information panel which allows you to have a global market vision through a Commodity Channel Index. CCI Dashboard analyzes and tracks all the actives you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest on it. Main Features of CCI Dashboard Graphic panel that allows you to know the situation of many assets. 7 Different Commodity Channel Index situations to discover when an asset is overbought or
Demo is limited to the currency pair CADCHF. Full version: https://www.mql5.com/en/market/product/27237 Essentials for manual trading. The utility includes functions such as money management, automatic exits, hedging of positions, setting orders by date, OrderClose menu and others. Simple and clearly arranged, the tool works with one or more orders. Low tick rate compatible. Features Display money management - right lot size is calculated from stoploss, account balance and risk appetite Sched
FREE
Essentials for manual trading. The utility includes functions such as money management, automatic exits, hedging of positions, setting orders by date, OrderClose menu and others. Simple operation and clearly arranged, the tool works with one or more orders. Low tick rate compatible. Features Display money management - right lot size is calculated from stoploss, account balance and risk appetite Scheduling of pending and market order - time based strategies or for preparing an order when the ma
Introduction to Harmonic Volatility Indicator Harmonic Volatility Indicator is the first technical analysis applying the Fibonacci analysis to the financial volatility. Harmonic volatility indicator is another level of price action trading tool, which combines robust Fibonacci ratios (0.618, 0.382, etc.) with volatility. Originally, Harmonic Volatility Indicator was developed to overcome the limitation and the weakness of Gann’s Angle, also known as Gann’s Fan. We have demonstrated that Harmonic
MQLTA Pattern Detector
MQL4 Trading Automation
5 (2)
Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. Demo version working on AUDNZD can be found https://www.mql5.com/en/market/product/29189 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used to draw the graphical obje
FREE
Signal Bands
Aleksey Ivanov
Signal Bands is a sensitive and convenient indicator, which performs deep statistical processing of information. It allows to see on one chart (1) the price trend, (2) the clear price channel and (3) latent signs of trend change. The indicator can be used on charts of any periods, but it is especially useful for scalping due to its high sensitivity to the current market state. The functions of the indicator : First, the Signal Bands indicator draws channels into which all price fluctuations ex
An indicator of round levels. A range of important price levels with sound and text alerts, which are generated when the current Bid price of a currency pair is equal to a round number. This indicator visually shows the trader true support and resistance levels, which are used by most of traders and trading robots. The advantage provided by this indicator is that the trader using this indicator on a chart does not need to draw any additional levels. Round price levels represent a certain barrier
DotaScalping is a semi-automated trading system for scalping. The indicator shows recommended moments for opening Buy/Sell trades as dots on the chart. Signals are generated based on the algorithm for price amplitude smoothing. The indicator tries to accurately calculate the moments of the maximum peak price values ​​and produces signals based on the smoothed correlation. The indicator determines the High and Low price values and generates signals based on the trend direction. The indicator is v
MQLTA Candle Timer
MQL4 Trading Automation
5 (1)
MQLTA Candle Timer is an indicator that can show you the details about a symbol/pair and alert you before the close of a candle. Used in swing trading and not only, it can help your strategies knowing and be ready before the close of a candle. How does it work Simply add the indicator to the chart and set the notifications options. You can load a minimalistic interface or a full interface. The alert will be sent once per candle. Parameters All the parameters, that you can see in the picture,
FREE
SuperTrend Indicator
FXsolutions
4.58 (19)
This is an implementation of the well known SuperTrend Indicator. With this indicator you can see exactly the same values which will be alerted by the following SuperTrend Scanners: SuperTrend Scanner SuperTrend Scanner FREE Parameters SuperTrendATRPeriod: the period setting for the calculation of the SuperTrend SuperTrendMultiplier: the multiplier setting for the calculation of the SuperTrend
FREE
Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. The DEMO version only works on AUDNZD pair. Full product can be found https://www.mql5.com/en/market/product/29190 How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected. Parameters Indicator Name - Used
FREE
This is an indicator of "round levels" with a trading system module based on market scenarios near psychologically significant "market prices". Visualizing the SL/TP levels and modeling deals when they interact with OHLC prices, the module collects statistics for the specified period and plots the "profitability curve" on its basis, which allows controlling the expected profitability of trading signals. Trading system The algorithm is based on the trading system The Elementary, Watson! ( EW )
The Expert Advisor is able to trade on any financial instruments quoted in MetaTrader 4. To ensure this, it is necessary to monitor the correctness of settings. The trading logic is based on a series of pending orders. The full traded lot is composed of numerous small lots. Complex lot allows for a more precise control of the risk of the position volume, entering the market in parts. The advantage of the system of pending orders is that order trailing allows opening deals at more favorable price
This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher
This software will give you the possibility to do different things (both in live markets and in strategy tester) . You'll have at your disposal 5 operative panels, each one of these have buttons that let you interact easily at market: 1. Opened Orders Manager (screenshot 1): 6 buttons: Close all buy orders. Close all sell orders. Close all orders. Close all profitable buy orders. Close all profitable sell orders. Hedge orders. 2. Stop Orders Manager (screenshot 1): 2 informative sections: Nume
The trade cost caused by spreads is an important indicator when formulating trade profit-loss ratios. Spread costs info is particularly important for short-term traders, especially scalping traders. This tool can output the spread cost of all Forex currencies (including XAU and XAG) in the platform in different account types (USD account, EUR account, etc.). Calculation and code See articles: THE TRADE COST OF FOREX CURRENCY Part1 THE TRADE COST OF FOREX CURRENCY Part2 THE TRADE COST OF FOREX
FREE
IchiTrend ind
Anchor Trading S.R.L.S.
This indicator is based on Ichimoku kynko Hyo but personalized with We-Trading rules. Ichimoku  Trend Arrows As you can see, the indicator shows two types of arrows (signals): Big arrows to follow the big trends Minor arrows to re-enter on trend adding more trades With Ichi-Trend indi, you can follow the trend of the market. You can use it on Forex and on all CFDs and with all the fimeframe you like. Parameters Main parameters help trader to setup Ichimoku value as: tenkan_sen - default valu
A trend indicator based on the CCI indicator. ZI Trend PaintBar Indicator is an improved variant of the CCI indicator, which shows the moment of trend following quite accurately. Combination of CCI indicator makes a better use of these advantages: Colored candlesticks showing the trend direction based on CCI indicator. Messages/Sounds (Notifications and sound settings) Mail - enable/disable sending emails. Alerts - enable/disable messages in the terminal when signals occur. Push - enable/disable
This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher t
This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: SuperTrend Scanner The free version works only on EURUSD and GBPUSD! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 With the following FREE indicator you
FREE
SPD BB Scalper
Paranchai Tensit
This Expert Advisor is based on a scalping strategy that uses the Bollinger Bands indicator . The Bollinger Bands indicator reflects the price overbought or oversold conditions, which help to identify the entry or exit points as well as possible trend break-downs. The Bollinger Bands consist of an upper band placed above, and a lower band placed below. The distance between the Bollinger Bands or the width of the bands/channels based on the volatility measure. The mechanism of this system is simi
The "Max Min Prices" indicator determines the maximum and minimum prices between two candles within the trading day and shows them as rectangles on the price chart. Indicator Parameters Start hour – hour of the start candle Start minute - minute of the start candle End hour – hour of the end candle End minute - minute of the end candle Rectangle lines type - style of the rectangle lines Rectangle lines width - width of the rectangle lines Rectangle filling - fill the rectangle with color Colou
This scanner shows the trend values based on crossovers of two moving averages for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29159 Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibilities to use the scanner. Here are
FREE
This scanner shows the trend values of the well known indicator Parabolic SAR for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: Advanced Parabolic SAR Scanner The free version works only on EURUSD and GBPUSD! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074 You have many possibil
FREE
MQLTA Auto Close
MQL4 Trading Automation
5 (3)
Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. Free version with limited features can be found https://www.mql5.com/en/market/product/29179 How does it work Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk management parameters is met you can be no
FREE
Opening Candle Time
Alexander Shienkov
5 (2)
A simple information indicator showing the time left before the opening of the next candlestick or bar. About the concept of a timeframe A timeframe is the time interval considered in the technical analysis of free financial markets (the same applies to the global currency market), during which the price and other market data change. The smallest timeframe is the so-called tick. A timeframe is the time interval used to group quotes when drawing elements of a price chart (bars, Japanese candles
FREE
MQLTA Instrument Details
MQL4 Trading Automation
4.5 (2)
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 me
FREE
OffsetGMT
Mikhail Nazarenko
3.5 (2)
Script for quickly determining the time offset of your broker's server relative to GMT. For correct operation in the strategy tester, many Expert Advisors require GMT time to be entered in the settings for the terminal where testing is being performed. Developers are forced to enter the GMT offset for testing separately, as such functions are not provided in the tester. This script can help quickly determine the time offset in your terminal relative to GMT. Parameters Day light saving time for
FREE
MQLTA Auto Close Demo
MQL4 Trading Automation
Auto Close is an expert advisor that can assist you with your money and risk management rules. The EA can monitor your Balance, Equity, Margin, Global Profit and Global Loss and alert you in case any of these reaches a specified threshold. This Demo Version has Notification and Close features disabled, full version can be found https://www.mql5.com/en/market/product/29141 How does it work? Load the Auto Close EA in the chart and set the parameters you want to keep monitored. If any of the risk
FREE
Grid and MACD
Vladimir Gribachev
This is a grid Expert Advisor. It has several trading strategies based on the MACD indicator. The virtual trailing stop, stop loss, take profit levels can be set pips, in the deposit currency or as a percentage of the balance. Depending on the settings, different orders may be opened for diversifying risks. Their closure can be either an oppositely directed or unidirectional basket of orders. The orders grid is adaptive, only market orders are used in it. If the price moves the distance of Order
This is a grid Expert Advisor. It has several trading strategies based on the Bollinger Bands and RSI indicators. The virtual trailing stop, stop loss, take profit levels can be set pips, in the deposit currency or as a percentage of the balance. Depending on the settings, different orders may be opened for diversifying risks. Their closure can be either an oppositely directed or unidirectional basket of orders. The orders grid is adaptive, only market orders are used in it. If the price moves
Turbo pivot levels
Ugur Oezcan
4.5 (2)
This Expert Advisor is based on pivot points. Users can choose entry level and direct themselves. Expert use martingale strategy to recover unsuccessful trades. When going into drawdown it starts its slipping mode in which it always tries to keep the whole set of trades on a steady course level. In hedging mode, all take profits will be deleted and the basket will try to close at breakeven price. EA can also be used as normal with Stop loss. Please test before using with Stop loss. The EA can tr
This indicator visualizes the intersection of two moving averages in the MACD oscillator. It uses the histogram color to signal about the moving averages crossing the zero level of the indicator. The MACD (Moving Average Convergence/Divergence) indicator is a popular oscillator actively used by traders when working in the currency and stock markets to determine trends and to search for trading signals. This linear indicator allows obtaining a variety of trading signals: crossing the zero line; d
Double ST
Fabio Pacchioni
This indicator is based on a combination of 2 different SuperTrend, a trend following indicator developed by Oliver Seban. You can find some implementation in the following pages: https://www.mql5.com/en/code/8268 https://www.mql5.com/en/code/10851 and others. Double ST indicator combines 2 different SuperTrends to have the trend direction at a glance. Simply insert the values for the 2 SuperTrends and you will see a ribbon with 3 different colors: red means that price is under both the SuperTre
Trend Control
Vadim Podoprigora
Trend Control is a trend-following Expert Advisor that determines the trend direction and closes positions only at trend reversals. The EA is equipped with a minimum of the most necessary functions to simplify working with it. The EA is most suitable for working on the EURUSD currency pair and the M5 timeframe. The EA is suitable for both five-digit quotes and four-digit quotes. The EA is equipped with a Stop Loss. The EA does not use any risky systems which increase the volume or increasing the
Merlin Grid
Nicolas Zouein
4.5 (2)
Merlin Grid is a fully automated EA that uses a clever combination of grid, price action, fast scalping, smart filtering and artificial intellect (artilect) to determine profitable entry and exit points into the FX market. Merlin Grid is optimized and backtested over a period of 8 years (2010–2018). Download the free demo version and give it a run yourself. Visit Merlin Grid's blog for set files, news, updates, wish list, etc. Characteristics FIFO compliance option. Price averaging of same kin
Grand
Evgeniy Zhdan
The Expert Advisor has been developed specifically for the features of the CHFJPY currency pair. The EA's algorithm determines the direction of the current trend and starts operation. In case of a price reversal within the current trend, the EA adds additional orders. If trend changes, the EA starts to work in the direction contrary to the initial grid of orders. If there were no conditions for closing orders and the trend direction changed again, the EA continues to work with the "first" grid o
Zigzag Zotik
Andrei Belous
5 (1)
The Zigzag Zotik indicator displays the price movement in the form of a zigzag based on the AO_Zotik indicator values. The Zigzag Zotik indicator displays the trend movements and their corrections. The AO_Zotik indicator consists of three lines moving relative to "0": "main" line; "support and resistance" line; "balance" line. The "main" line crossing the "support and resistance" line indicates the end of one wave and the beginning of the other. The Zigzag Zotik indicator displays this on the ch
CCI Action
Thushara Dissanayake
The CCI Action Expert Advisor is a powerful tool designed to automate the CCI (Commodity Channel Index) Strategy , allowing traders to capitalize on CCI level touches. With its user friendly settings and robust risk management system, this EA provides a reliable and efficient solution for traders looking to incorporate the CCI indicator into their trading approach. One of the key features of this Expert Advisor is its proper risk management system, which helps traders maintain control over their
This Expert Advisor's main strategy is based on the usage of two kind of indicators: two built-in shifted RSI to measure the asset prices oscillations and a Parabolic SAR to check the prices trends. It combines these indicators signals in order to get stronger signals and ensure the EA will do good trading operations. The second strategy consists of sending a new opposite order against a losing order since it reaches the minimum negative profit defined by the "Minimum Loss Value to Reverse (in c
Stochastic Dashboard
Pablo Mozo Bel
3.67 (3)
Stochastic Dashboard is an information panel which allows you to have a global market vision through a stochastic indicator. Stochastic Dashboard analyzes and tracks all the assets you want to invest in. Take advantage of this useful dashboard where you can open in a few seconds the chart and quickly invest in it. Main features of Stochastic Dashboard Graphical panel that allows you to know the situation of many assets. 7 different stochastic situations to discover when an asset is overbought
SDX Dashboard
Tsvetan Tsvetanov
SDX is our latest and most advanced dashboard for manual trading. The app is based on our proven grid platform and offers unique trading opportunities for both experienced and new traders. This unique combination of innovative tools is designed to simplify the trading process and to give you real advantage. The system is ideal for short term trend following, counter-trend trading and scalping on the Forex market. Main Features Ability to work simultaneously with 10 pairs from one screen. Abili
This Expert Advisor is based on a scalping strategy that uses Moving Average Envelopes Indicator . The Moving Average Envelopes indicator reflects the price overbought or oversold conditions, which help to identify the entry or exit points as well as possible trend break-downs. The moving average envelopes consist of an upper envelope placed above, and a lower envelope placed below. The distance between the moving average envelopes or the width of the bands/channels based on the volatility measu
WeRiskReward
Anchor Trading S.R.L.S.
3.5 (4)
Simulator for Risk / Reward ratio calculator We-RiskReward is a MT4 indicator made by the We-Trading team to simulate an order with Risk / Reward calculator. Horizontal Lines This indicator show you 3 horizontal lines that are: Open line Take Profit line Stop Loss line You can move the lines and you will see R/R and Lots calculation in real time. You can use it to simulate Long and Short positions. Indicator parameters As input parameters you need to check only the Risk for trade. For e.g. y
FREE
This indicator was modified according to the 'Way Of The Turtle'. It generates a channel based on the opening price and ATR values of the current bar. Turtle ATR Channel can be used to help identify overbought and oversold conditions in a market. Calculation upper channel = Open + r1*ATR lower channel = Open - r2*ATR Among them: Open is the opening price of the current bar. ATR is the ATR value of the current bar. r1, r2 are the ATR ratios. Input Parameters ATR Period - set the period of the
FREE
This panel is designed for quick visual search for the price action patterns on several instruments simultaneously. It is possible to add and remove instruments. Clicking the signal button allows you to quickly move to the chart with the identified pattern and timeframe. The panel searches for 8 candlestick patterns: PIN-BAR, EXTERNAL BAR, INSIDE BAR, DOJI, LEVEL, HIGH/LOW OF N BAR, FAKEY, ONE-WAY N BAR. Any of the patterns or the periods can be disabled by clicking its title. It can also search
MACD Alert Series
Eadvisors Software Inc.
The Moving Average Convergence Divergence Indicator (MACD) is both a trend–seeking and momentum indicator which uses several exponential moving averages set to closing prices to generate trading signals. We added several types of alerts to aid in your search for better opportunities in the market. Product Features Email Alert Sound alert Push Notification (Alerts can be sent to your mobile phone) Signs on chart Alert box Possibility to work with both histogram and visual line Alert on zero his
BalanceLines
Andrei Kossarev
"Balance cost" analysis method Created by Trader AFI_man. The BalanceLines indicator plots balance levels for a given time interval. The balance line divides the market volume into sellers (above the balance level) and buyers (below the balance level). In any movement, if the price is fixes above the balance level, there comes a moment when sellers are unable to hold off buyers, which leads to a growth. Similarly, when the price is fixed below the balance level, there comes a moment when buyers
Lazy Scalper
Vladimir Gribachev
This is a short-term scalping Expert Advisor making a small number of trades. The EA follows the price using BuyStop and SellStop orders at a fixed distance and catching fast movements of currency pair quotes. It has a minimum number of adjustable parameters. The robot is ideal for a trader as an addition to a manual strategy or in conjunction with another EA. The EA distinguishes its trades by a magic number. Pending orders, like market ones, are not left for weekends and are closed 10 minute
Double Swing
Dmitriy Bukarev
The Expert Advisor's operating algorithm is based on a priori known truth 'The price does not stand still'. We add math and logic to this truth and receive an Expert Advisor, which allows catching almost all the movements in the market. When an order is opened, a breakout Stop order of a larger volume is set instead of Stop Loss. If the price reaches this order, another pending Stop order of a larger volume is placed. This approach is called Swing or Pendulum Swing . Double Swing uses this appro
Schrodinger trading machine is an Expert Advisor (robot) for any financial instrument on MetaTrader 4 platform. Both main input parameters (N and M) are optimized for EURUSD H1 . Of course, you are able to optimize these parameters for any currency pair and timeframe. For example, the main input parameters for GBPUSD H1: N = 5.0 and M = 12 The main input parameters N and M can be any positive numbers. These are input parameters (weight coefficients) of the one layer neural network. N is a double
Micro Martingale
Margiyono
1 (2)
This Expert Advisor is designed for working with all major currency pairs on all timeframes (M1-D1). Micro Martingale is a flexible concept of Martingale, which can work as Full Martingale (Average closing) or Martingale combined with trailing, stop loss and take profit, depending on parameter settings. Orders are triggered based on mathematical algorithms of price correction/reversal. The Expert Advisor will work better during high fluctuations. Warning Martingale System is at high risk. For
SFO Trend Racer
Tevin Marshall
5 (1)
SFO Trend Racer system is a trend indicator created by the CEO and Founder of " Simple Forex Options ", Tevin Marshall . It serves 6 different functions all in one. It shows the trader the entry signals as well as exit signals, whether it is a take profit or a stop loss. It also uses trend filters and signal confirmations so that the trader is able to make the most logically fit decision. Trend Racer uses various filters and specific settings from a plethora of indicators. The beauty in this ind
DisconnectionSaver
Vladimir Liubchenko
This specific indicator is designed to solve one specific problem : In case the connection to the broker's server is lost, remember when the connection was lost, and at what time the connection was resumed. Thus, the user sees the time when there was no connection to the broker's server . An Alert box is displayed on the screen, which records when the connection was lost and resumed. Of course, the indicator will not react to slight losses of packets. For better visualization of the indicator op
Trendline Architect
Torsten Hempel
4.33 (6)
This indicator calculates and draws lines over the chart. There are two types of trends: Trend A: the line is drawn using local lows for uptrends and local highs for downtrends Trend B: the line is drawn using local highs for uptrends and local lows for downtrends There are a few conditions, which have to be fulfilled and can be changed by the parameters (see also picture 4): MinBarAge : the count of bars to the last base point of a line is called BarAge and has to be greater than the parameter
FREE
The Average Daily Range shows the dynamic levels of average pip range  on a pair measured based on the daily Highs and Lows over a certain periods. You can use the ADR to visualize potential price action  outside the average daily move. When ADR is above average, it means that the daily volatility is higher  than usual. The ADR can be helpful in setting targets for positions. If the ADR shows you that a pair has an average daily range of 80 pips, then it might be wise to tighten up your target
Not trading time
Mikhail Nazarenko
3.75 (4)
There are time periods in the market, when trading is highly likely to be unprofitable. This indicator warns you about such non-trading situations and helps you preserve your money and time. Parameters Remind about non-trading periods: Expiration week - remind about the expiration week Consumer index day - remind a day before the release of Consumer index day NON FARM - remind a day before the release of NON FARM Christmas - remind a day before Christmas New Year Days 25.12 - 15.01 - remind ab
FREE
Three Fractals demo
Alexander Nikolaev
2 (1)
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato
FREE
Grid and MA
Vladimir Gribachev
5 (3)
This is a grid Expert Advisor. It features several trading strategies based on Moving Average. It works on minute bar Open prices. Virtual trailing stop, stop loss and take profit can be set in pips, in the deposit currency or as a percentage of the balance. Depending on the settings, different orders may be opened for diversifying risks. Their closure can be either an oppositely directed or unidirectional basket of orders. The order grid is adaptive and is made of market orders. If the price ha

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