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This program implements the semi-automated trading mode monitoring the situation for a successful entry into the market. It fixes prerequisites for market entering and opens a buy or a sell orders depending on their type. After opening an order, the EA maintains it. If the trade is going well, then after a while a certain level of unfixed profit (determined by the program or by the user) will be reached. Once the minimum allowed profit value is reached, the EA sets an order closing level to pro
As we know, МТ4 and МТ5 do not store tick history, which may be necessary to develop trading strategies and market analysis. I have developed a method allowing you to receive tick history very easily. The indicator gathers tick history in real time and writes it to XXXXXX2.hst file, where XXXXXX is a symbol name. This file can be used to create an offline chart or something else. If you use a trading robot, then launch the indicator and control your broker by examining the spread and quotes. All
The Daypro Expert Advisor trades only on daily charts. The EA operation is based on its own inner strategy. The best currency pairs for trading are EURUSD, USDJPY, NZDUSD. It can also trade any other currency pairs, but be sure to optimized for the last three months. The EA does not open deals often, however they are of high quality. It is recommended to use on ECN accounts. The EA trades only on D1.
Fx Easy Signals is an easy to use universal trading tool which can work with any instrument or time frame. You can trade currencies, commodity, indices, metals, stocks, etc. No limits at all! You can scalp, day trade, swing trade, etc. You may also use the in built Sensitivity filter which will be a good addition for trading on lower time frames. The indicator is very easy to use. Simply SELL when you have a red arrow and BUY when you have a blue arrow. You may use this tool alone or add the i
Ohnishi Oscillator is a MACD-like indicator. The values are computed by the original algorithm. This indicator is used in the same way as MACD with respect to the center signal. And then, you should append the following rules: Suppose that there is a bullish trend when the histogram is green. Suppose that there is a bearish trend when the histogram is red. You should wait when the histogram is yellow. Suppose that the market is overbought when the histogram is above the upper signal. Sup
ATR Move Prices is an average price movement indicator that shows the average movement of a pair, and how much it still has to move. In the indicator settings, you only need to specify the number of days for the calculation, and the indicator will do the rest. Settings The number of days for calculations. From what point to calculate (time). Color, font, size.
The indicator shows the current price movement and is, in fact, a full-fledged trading system. It works with brokers with 4 and 5-digit quotes. The signal appears at the beginning of a new (zero) candle. When the signal arrives, it does not "blink", disappear or redraw. Long straight sections are considered to be flat. After the flat, we anticipate a possible movement. The indicator lines can be used as Stop Loss. The indicator can work in the strategy tester. Parameters Counts Bars - amou
This indicator analyzes several indicators that show what the Trend, Wave and Extremes conditions are for the symbol being analyzed. It displays analysis over 10 currencies, 10 timeframes and 10 previous candles. Information can be displayed in simple form, bar form or complicated mode. It can work on any timeframe, but H1, H4 and D1 are recommended. 17 strategically used indicators can tell you how the instruments are behaving. Trend points out what the long term direction of the market i
Candle Type Detector This indicator will help you indicate the type of candlestick pattern and will help you indicate whether the candle is bullish or bearish. Types of candlestick patterns: Hammer Bar bullish or Bearish. Engulfing Bar Bullish. Engulfing Bar Bearish. Morning Star. Evening Star.Download the indicator from the market for free. Attach this indicator to the chart. It can be used with all time frames.
Forex Line Alert This indicator will trigger an alert (visual, Push, sound) when price go through a horizontal lines or a trend line. The line after price touch will be recolored in order not to be re-alerted. How to use it? Just load the indicator on any chart and pick the type of alerts you want to receive by editing the input parameters. Then draw your own horizontal lines or trendlines, and that's it!
The indicator displays the price movement as three zigzags of different time periods (current, older and yet even older timeframes) on a single chart. Zigzag is generated by HIGH-LOW price values. The indicator also displays: Support and resistance levels by the last bends of the older and yet even older zigzags. Unfinished movement of the current timeframe's zigzag, older zigzag and yet even older one is displayed in another color. Parameters TimeFrame: timeframes the zigzags are ca
The Zig-Zag indicator is extremely useful for determining price trends, support and resistance areas, and classic chart patterns like head and shoulders, double bottoms and double tops. This indicator is a Multi Time Frame indicator. The indicator is automatically calculate the 3 next available TF and sows ZigZag from those TimeFrames. You cannot use this indicator for the TF greater than D1 (daily).
Description The CLogger class provides a simple but sophisticated logging utility that you can use to output messages. The messages have associated levels, such as INFO or ERROR that indicate their importance. You can then give the CLogger a level, and only messages at this level or higher will be saved. The levels are: DEBUG: Low-level information for developers. INFO: Generic (useful) information about system operation. WARNING: A warning. ERROR: A handleable error condition.
Verdure Timed Closure Verdure Timed Closure (VTC) is a utility Expert Advisor that helps you to close market orders at a preset time. It gives you the flexibility to walk away from the screen and do other things you love doing and the assurance that your orders would be closed at exactly the time set (up to seconds granularity). It is a great implementation of order expiry on market orders on the MT4 platform. It can also be used to implement Good-for-day orders so that you can avoid roll over
Simply drop the indicator to the chart and Fibonacci levels will be shown automatically! The indicator is developed for automatic drawing of Fibonacci levels on the chart. It provides the abilities to: Select the standard Fibo levels to be shown Add custom levels Draw the indicator on the timeframes other than the current one. For example, the indicator is calculated on the weekly period (W1) and is displayed on the monthly period (MN1) Select the timeframes the indicator will be availabl
Description Pivot Lines is a universal color multicurrency/multisymbol indicator of the Pivot Points levels systems. You can select one of its three versions: Standard Old, Standard New and Fibo. It plots pivot levels for financial instruments in both windows simultaneously. The system will automatically calculate the Pivot Point on the basis of market data for the previous day (PERIOD_D1) or week (PERIOD_W1) and the system of support and resistance levels, three in each. It can also display p
Riskscope shows all relevant information about your trades on screen. Information on Stop Loss and Take Profit can be shown as price, pips or exposure. Besides, Riskscope can display a high- and low-watermark of the total of your basket of trades. Settings Riskscope's default settings are good enough most of the time. Nearly all of them are fairly standard. Here are the ones that need some explanation. Monospaced font - set this to the (name of) the font you want to use. A monospaced font l
This indicator estimates price acceleration from SMA. Signals are generated at sudden changes in price speed and plotted in different color (Blue => buy, Red=>sell). The idea is that after such situation price will move in the new direction for a while. The indicator can be used with any broker. It adjusts automatically to 4 or 5 digits. It uses the timeframe and pair of the current chart. As a rule, signals should be confirmed by other methods to avoid wrong entries. Indicator is used in RJC
Good Scalper Lite Good Scalper is an active high-performance trend-following EA including multi scalping logic features compatible with all exchanges. Equipped with multiple strategies. An active, stable trend-following EA. Stable safety design for long-term use. Simple and easy-to-use input parameters. Strategy Good Scalper is a high performance scalping robot equipped with multiple logics. The EA targets profits within narrow ranges on GBPUSD M15 chart using trend followin
Good Scalper Pro Good Scalper is an active high-performance trend-following EA including multi scalping logic features compatible with all exchanges. Equipped with multiple strategiesAn active, stable trend-following EAStable safety design for long-term useSimple and easy-to-use input parameters Strategy Good Scalper is a high performance scalping robot equipped with multiple logics. The EA targets profits within narrow ranges on GBPUSD M15 chart using trend following system. Because it is
This Expert Advisor is programmed to be effective on EURUSD all time frame. The EA uses exclusively chart information (no indicators are used). The EA is using somewhat scalping method: 5 pips SL, 10 pips TP (the SL and TP can be changed, but it is not recommended). The lot is calculated by a divider and is set by default to 2 000. The divider is working by dividing the account free margin with the set number. Example: an account free margin is equal to 1 000 USD, while a divider is equal to 2 0
Alerts Alerts indicator issues notifications when orders are opened, closed and removed on the symbol chart the product is launched at, as well as when the price touches the graphical objects – horizontal/vertical lines and icons. A notification is also issued when the price enters the rectangle area. It allows setting a custom sound for tracked events. The indicator features a built-in help. Settings AlertsOrders = true; Issue notifications when opening, closing and deleting orders. Al
Candle Scanner Pro is a multi-currency & multi-timeframe indicator which can scan from a single chart. Track up to 30 currencies and all the timeframes from 1 minute to 1 month from single chart. Get alerts on screen, email, push notifications (Mobile). Use 4 filters (MA, MACD, RSI and PSAR) to filter candle patterns in uptrend or down trend. List of Candlestick Patterns Detected Bullish Pin Bar Bearish Pin Bar Bullish Engulfing Bearish Engulfing Hammers Piercing
NoFear indicator is based on Advanced Moving Average. It is used in technical chart analysis providing signals whenever a rate change appears that exceeds the upper or lower border. The indicator works very well on trend market. It is easy to find good entry points by blue/violet arrows. The upper and lower bands should be used like support/resistance levels and stop/exit points. All signals do not repaint, and can be used immediately when they are coming. This means we do not need to wait fo
The Simple Trade technical indicator has been developed by a group of traders for their own convenience. The indicator is calculated based on complex algorithms, due to which it can give trend-following signals with a probability of 75%-80%. It uses the following data for calculations: Volatility. The overall price direction on small timeframes. Average deviation. The average price for a certain period. The best timeframe is 4 hours. The indicator also sets entry labels on the cha
Works on all currency pairs. Timeframes - H1. TimeShift to the indicator so that the period of BUY Level/ SELL Level shifts to the left. Information on the Chart: BUY Level/ SELL Level - input to Buy / input to Sell. PROFIT 1 - basic earnings. PROFIT 2 - average profit. SUPPORT- STOP TRADE. RESISTANCE - STOP TRADE. STOPLOSS - setting stop loss. Input Parameters ModeType - MODE_C , MODE_F , MODE_W , MODE_D , MODE_CC. TimeShift - 1. box colored - true or false. box color - your
This indicator is intended for scalper on M5 timeframe. It shows where to open position, the target and the stop loss, so you can see if your position is wrong. It displays trend power, so you can see if you still need to hold your buy or sell position. Rules: Check the trend power and direction. Buy when it is green and sell when it is red. After checking the power, check if the candle is above the stop loss line for a buy position and if it is below the stop loss line for a sell positi
This EA employs the Stop and Reverse trading technique depicted on the article "Order Strategies. Multi-Purpose Expert Advisor". Basically you start with an initial position. If the market goes in the opposite direction you stop the position and open a reverse one by increasing the size. You keep doing this until the position gets into profit of your choice. When the position is closed with profit you open a reverse position and start the trading over. With this EA you can open a position manua
ObeyTheLimits (OTL) EA employs the first trading strategy depicted in the article "Order Strategies. Multi-Purpose Expert Advisor". Instead of trading with limit orders and take profits, OTL trades market. This way traders can also conceal their levels from their brokers. Trading can start in two ways: either trader opens a trade manually using ObeyTheLimits_ManualTrade utility or OTL EA opens one with respect to the limits specifies by the trader. Then comes the price action part. If the price
Description The EA works on EURUSD, recommended timeframe – М15. The trading robot can work with small deposits. It does not use martingale, hedging and averaging. The product works with 5-digit quotes and applies several indicators. A low-spread broker is recommended. Parameters SendMailInfo – send an email notifying of position opening/closing; ATRfilter – filter ATR; Atr_Period – ATR period; AtrPips – maximum pips using ATR; Allow_2_Trade – open two trades; Allow_3_Trade
This indicator is based on the Murrey Levels and does not get redrawn. It is an implementation of a trading system with clear signals for entry. The Stop levels of this indicator are 3 to 6 times less than the expected profit. There are also several channels for the correct entry point formation. The indicator does not redraw its signals and deletes them automatically in case a new signal appears or a Stop loss gets triggered by a signal. The indicator operates only based on the bar closure, w
Similar idea from the MarkovChains EA is used to create this indicator. With this indicator, you can observe the probability of prices going up for multiple timeframes for up to 5 Markov chains. Unlike the EA version, indicator only looks for ups and downs and counts them with a given number of Markov chains, then prints the probability of prices going up on a table. Indicator shows these probabilities for 5-minute, 15-minute, 30-minute, 1-hour and 4-hour time intervals. You can set where the b
This is an EA/indicator which counts the past bars for relevant price patterns and calculates the up and down price action probabilities. The algorithm can count bars for up to 5 chains and can work with every asset. It categorizes the price action into 8 groups with customizable points thresholds. The EA can show you the signals with arrows, can alert you to Buy/Sell or do the job for you and trade automatically. For your convenience it prints relevant information on the screen. The upper righ
This indicator is developed to the stochastic indicator from multiple timeframes. It can display 4 stochastics in the same window. Indicator parameters: TimeFrame[x] - the number of the timeframe. You can configure 0-4 values in the shame indicator. K_period[x] - the number of the K_period in stochastic. You can configure 0-4 values in the shame indicator. D_period[x] - the number of the D_period in stochastic. You can configure 0-4 values in the shame indicator. S_period[x] -the number o
This is a non-redrawing indicator based on Murray levels. It applies a trading system with clear entry signals. The stop levels are 3-6 times less than the expected profit. The product has several channels for correct exit point generation. The indicator does not redraw its signals. It automatically deletes them in case a new signal appears or a stop is triggered by a signal. The indicator only works on bar's closing which allows it to sort out up to 30% false signals. The indicator is not a
Strategy Pipstackers Scalper is a scalping Expert Advisor which scalps in market with target of 10 pips working on M15 timeframe with 4 currency pairs as EURUSD - USDJPY, GBPUSD-USDCAD on 15 minutes timeframe. Strategy Details It finds trend on chart/timeframe it is loaded on using RSI indicator. It places a trade with entered lot in trend direction with target/Take Profit of 10 pips, where as Stop Loss is hidden and collective for a given pair which EA monitors continuously. Stop Loss
OrderManager DM Suite is an "EA tool" that collects the main functions manually performed by the operator. The main purpose is to speed up the execution time guaranteeing reliability and greater accuracy especially in fast market times! In addition to basic functions, the panel allows setting of different types. For example: Set MagicNumber Set Trade Comment Set default Take Profit Set default Stop LossRegarding the graphic settings, it is possible to adapt it to the chart window.
This is a simple, easy to use and effective indicator. The strategy is suitable for everyone, even for beginners. The input parameters are optimized for H1. Tomato line and arrow - trend is DOWN . DeepSkyBlue line and arrow - trend is UP. Parameters START BUY / START SELL - input to Buy / input to Sell PROFIT 1 - basic earnings PROFIT 2 - average profit PROFIT 3 - big profit STOP LOSS - setting stop loss
This indicator is designed for M1 time-frame and shows: Sum of ticks when the price goes up (color Green -The major component of a candlestick = the body). Sum of points when the price goes up (color Green -The extension lines at the top of the candle). Sum of points when the price goes down (color Red -The major component of a candlestick = the body). Sum of points when the price goes down (color Red -The extension lines at the lower end of the candle). Plus classical indicator Commodity
The company Grupa Cornelia Nord presents a new MaMMonth trend indicator. Work becomes even easier with our product. A trader receives only trend signals. That helps him to avoid unnecessary transactions and protect the nerves. Signals are not redrawn and easily understood both by beginners and experienced traders. Our team works and implements many ideas of experienced traders. The instructions can be found on the screenshots. Sincerely yours, Grupa Cornelia Nord
Prototype 1 is a fully automated system. The 15-year test results, as well as real trading ones has proven to be positive. The EA analyzes the current price status and opens positions. If the situation changes, the orders are opened in the opposite directions or closed. EURUSD M15, USDJPY M15 and USDCAD M15 are commended. The default settings are for EURUSD M15. Recommended deposit is 5000 USD (USCent) for 0.01 lot (50000 USD (USCent) for 0.1 lot). The product can be used for any purpose, such a
Tune It Yourself Automatic EA for 4 Digits Account is a fully automatic Forex robot developed on the principles of Three Dimensional Indicator for Manual Trading. User-Friendly Concept The concept behind this EA is to help the common person independently fine-tune this robot to any Forex Broker in the world and start live trading. This EA can be fine-tuned to trade practically any currency pair with any Forex broker in the world. Signal Processing and Filtration Methods This Expert Advisor
This is an advanced version of MACD. Unlike MACD, we have certain market entry points. Operation: The product is most efficient on H4, D1 or higher. The product is created for mid- and long-term trading. Technical support can be provided if necessary. Improvements and modifications (both general and specific ones for each trader) can also be provided. Find the instructions on the screenshots.
Tune It Yourself Automatic EA for 5 Digits Account is a fully automatic Forex robot developed on the principles of Three Dimensional Indicator for Manual Trading. User-Friendly Concept The concept behind this EA is to help the common person independently fine-tune this robot to any Forex Broker in the world and start live trading. This EA can be fine-tuned to trade practically any currency pair with any Forex broker in the world. Signal Processing and Filtration Methods This Expert Advisor
This indicator is based on classical indicators: Commodity Channel Index, Relative Strength Index and Moving Average. I am using this indicator to open a Long position when Red histogram changed to Green histogram beneath zero line and to open the Short position when Green histogram changed to the Red histogram over the zero line. A great advantage of this system lies in the fact that the indicator has no input parameters and adapted to all currency pairs and TimeFrames.
This product has been developed for semi-automatic trading. Place horizontal lines on the chart. When they are crossed by the price, a trade is opened (BUY when Res line is crossed upwards and SELL when Sup line is crossed downwards). Attention! If you place Res line below the current price or Sup line above the current price, a trade is opened immediately! The trade volume is calculated based on the ratio of a point price to the deposit balance so that this correlation is equal to the perce
This is an MACD that uses Bollinger Bands to give high probability trade entries. It combines both indicators to find periods of high volatility breakouts and cross overs. It can form a very essential part of anyone's trading system whether amateur or expert. Buy Signal: When the green line and the MACD cross to the up side. Sell Signal: When the green line and the MACD line cross to the down side.
I've developed this EA many years ago to automate my trading on AUDJPY. Today I'm still using this and have made many improvements to control the drawdown and increase profit. To see how this EA performs, you can refer to https://www.mql5.com/en/signals/113937 Features Variable Grid Trading Smart AveragingRecommended time frame is H4. This EA trades in both direction (hedge). You can set the MT4 to trade in single direction. Inputs Multiplier — Adjust from 1.0, Step 0.25, Max 1.5
This Expert Advisor is programmed to be effective only on EURUSD M5. The EA uses exclusively chart information (no indicators are used). The EA is using somewhat scalping method: 10 pips SL, 10 pips TP (the SL and TP can be changed, but it is not recommended). The lot is calculated by a divider and is set by default to 2 000. The divider is working by dividing the account balance with the set number. Example: an account balance is equal to 1 000 USD, while a divider is equal to 2 000, so the lot
ORYCS TREND DETECTOR technical indicator tells you the trading direction. It is a unique tool with several advantages allowing the trader to apply numerous trading techniques and risk management methods based on trend, regardless of the timeframe. The indicator can be applied to any strategy. May be used as a filter for high probability signals. Works in any market, in any direction, and in any timeframe. May also be used to pinpoint stop placement.The indicator performs the follow
This indicator has only one input parameter - Alerts. If Alerts is true, then Alert message will appear when Long or Short trend starts. Each message contains: time, name of the currency pair and the current timeframe. Green arrow indicates UP trend. Red arrow indicates DOWN trend.This indicator will be helpful when someone is deciding to make Buy or Sell position.
This indicator calculates the next possible bar for each currency pair and timeframe. If the next possible Close will be greater than Open, the next possible bar will be in Aqua color. If the next possible Close will be less than Open, the next possible bar will be in Orange color.Of course, the next possible bar will not show the big price movement. This indicator is most useful in the quiet time.
This indicator provides a decomposition of a Forex symbol price changes into 2 its currencies. The indicator splits recent changes in value of current symbol XXXYYY into 2 parts—each for its own currency XXX and YYY against a given 3-rd currency ZZZ. The value is calculated in account currency, and every actual number is equal to virtual profit of trading 1 lot of corresponding symbol for specified period of bars (see description of parameters below). The indicator displays several lines:
The analyzer allows you to visually evaluate the margin level change when changing the price and position volume. The product shows the price level at which Stop Out, is activated, as well as the total buy and/or sell position level. The calculations are made only for the orders opened for the current chart's symbol. Impact of other orders is not considered. The panel allows you to quickly increase or decrease position volume in the most efficient way.
Trendsignal Expert Advisor trades are based on trend following strategy signal received from Trendsignal indicator. You can download it here: https://www.mql5.com/en/code/10928 for visual signals on chart. Trading Strategy Trendsignal Expert Advisor is a multi-pair EA. It can work with all timeframes, all currency pairs including commodities. But the most profitable recommended settings are H1 timeframe with the following currency pairs: EURUSD, GBPUSD, USDJPY, USDCAD and USDAUD. Settings for
EwoMov indicator is useful for determining a trend with higher period of price Moving Averages (it should be higher than 200). I will give the template of screenshots for everyone interested in this indicator. I am using this indicator for swing trade on M5-M30 charts. This indicator uses several bars for calculation. They are all saved in external parameters. The proper values are 5 - 13 - 34, but you can change them. It is ready for all timeframes, but does its best for M5-H1. It is design
This indicator has been developed by a group of experienced traders. It generates buy (orange markings) and sell (blue markings) signals. The indicator is simple and suits both beginners and professionals. The product is to be updated. Feedback from both experienced and novice traders is welcome. Sincerely yours, Grupa Cornelia Nord.
LiniiBS Expert Advisor trades from support and resistance lines on any timeframe. For the trading robot's operation, draw two lines on the selected symbol's chart and name them B and S. If the price crosses the B line upwards and the nearest candle's Low is below the B line, the EA opens Buy order (take profit and stop loss should be set in the EA settings). If the price crosses the S line downwards and the nearest candle's High is higher than the S line, the EA opens Sell order (take profit
Description Trade Designer is an indicator that calculates the number of lots you have to trade if you want to risk a set percentage of your account per entry. It comes along with a free script that can be downloaded here https://www.mql5.com/en/market/product/6540. Two or three price lines will appear on your chart. The green one represents the price to place the Take Profit, the red one represents the price to place the Stop Loss and the blue one represents the point where you want to enter
The Expert Advisor is based on the momentum of the price rate of change. When the speed of the price begins to increase sharply, the EA opens an order in the direction of its movement. Rate of Change is defined as the distance of StepPrice ticks that the price has moved for the period of TimePrice seconds. In contrast to the standard algorithm, virtual levels are modified not only after the TimePrice time, but also after the change of direction of the price movement—momentum. The built-in filter
The PZ Euro Trader EA is a Metatrader4 (MT4) Expert Advisor designed to trade EURUSD which implements a complete and fully-functional trading strategy. Easy to set up and supervise. No indicators or hard analysis needed. The strategy is timeframe-independent. Extracts money out of the market regularly.The PZ Euro Trader EA has a set of unique features: It needs no optimization at all. It leaves no room for human error. It is safe because it uses little leverage. It ha
AutoPostExpert publishes MT4 terminal trade reports on network resources. Only built-in terminal features are used. The product has been developed for the EAs participating in one of Roboforex contests and adapted for its resources (post frequency, timeout, volume, repetitions and splicing). It has not been tested on other resources. EA Setup Set your Roboforex forum account's login and password. Specify a link to the forum thread a necessary trading data is to be exported to:
The library has been designed for background generation of non-standard timeframes' history files and their application on the entire depth of the available history via the functions similar to standard MQL4 ones used to access the time series. Standard timeframes' data can also be used. Unlike Custom HLOC containing only some of the functions, the current product contains all function equivalents for accessing the time series. Also, this product allows you to generate history files for any t
The library has been designed for background generation of non-standard timeframes' history files and their application on the entire depth of the available history via the functions similar to standard MQL4 ones used to access the time series. Standard timeframes' data can also be used. Unlike Custom HLOC Free using only available M1 chart data as the data source, the current product uses the entire minute history file of the appropriate symbol to generate non-standard timeframes' history fi
DynamicSRchannels indicator draws Dynamic Support & Resistance channel in order to predict Open value of next bar. Space in the right side of the chart consists of SR trendlines drawn based on history data. At any point of time price movement is controlled by these SR lines. This Indicator draws these SR lines for the open price of the next bar and makes it easy to predict the movement of the price. There can be three different possibilities of the movement of the current price: Break down
The SaleNightGbp Expert Advisor does not use any indicators and runs effectively on GBPUSD. The EA trades during the Asian session. Advisor uses limit orders, the levels of which are determined based on the behavior of that particular currency pair at night. The strategy involves the use of strict money management which allows to stably take the profit and minimize risks. The main currency pairs—GBPUSD Minimum deposit—1000 USD/EUR Minimum lot—0.01 for the deposit of 1000 USD Leverage—1:500
LucykPNT is a nighttime multi-currency Expert Advisor that runs on the M1 timeframe. The Expert Advisor does not use high-risk trading strategies, like Martingale. The main currency pair is EURUSD. It is recommended to choose a broker with low spreads. For smooth and round the clock operation of the Expert Advisor connect a VPS. OrdTot—The number of open orders in one direction, influences the calculation of lot; LotExpo—Lot increase ratio for subsequent consecutive opening orders TeP
Note This EA is not an automated trading EA. This EA is a "line trader" EA based on your drawing. Background Sitting in front of your screen and watching the market going up and down is not the way of trading. Trading is creating a trading plan and executing it. It seems easy but we are normal humans, sometimes it will be difficult to keep waiting since we don't when some particular condition is met. On the other hand the main problem is psychology. That's why we created the SEMI-AUTOMATIC Ex
This indicator was inspired by М & W Wave Patterns by A. Merrill. 5 extremums or 4 edges of ZigZag are enough to build M or W pattern at arbitrary offset in the history. The classical approach includes a table of predefined figures of ZigZag waves, which can transform into each other under special rules—so that next edge can be forecasted based on these rules. Unlike to this approach, the indicator analyses available history and builds statistics for all M and W patterns, which differ in their c