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Expert Advisors and Indicators for MetaTrader 4 - 114

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.
Range Bands
Cristian Eriksson
Range bands works the same way as Bollinger bands except that they are self adapting, with range trading in mind. Unless you are familiar with Bollinger bands, it is a standard deviation indicator that is based around the concept that when price deviates to quickly from the average, it's going to encounter resistance. This is true for all period settings, since standard deviation 2 or 3 is an extreme on any data. This indicator automatically chooses the period that is currently most suitable for
Super signal series mystery arrows is an indicator designed to generate trading signals. This indicator uses a number of different indicators and generates a signal using a number of historical data. Currency pairs:  Any Time interval:  M5, M15, M30. Suggested M5 Work with at least 20 pairs Parameters AlertsOn -  send alerts. If this feature is activated, it will be activated in other warning properties. AlertsMessage -  send a message AlertsSound -  sound alert setting AlertsEmail -  email ale
Super Oscillator
Harun Celik
5 (1)
Super oscillator indicator is an oscillator designed to calculate trend reversal points. A set of bar calculations and a set of algorithms to calculate trend reversals. Level probing system with high probability trends. All of these features combine to make it easier for investors to find trends. Suggestions and Features There are two levels on the super oscillator indicator. They are at levels of 0.5 and -0.5. The oscillator bar should be below -0.5 to find the upward trend. And a blue color t
This simple indicator helps defining the most probable trend direction, its duration and intensity, as well as estimate the possible range of price fluctuations. You can see at a glance, at which direction the price is moving, how long the trend lasts and how powerful it is. All this makes the indicator an easy-to-use trend trading system both for novice and experienced traders. Parameters Period - averaging period for the indicator calculation. Deviation - indicator deviation. Lag - calculatio
This tool is developed  to make your trading risk and profit management easier. It is able to move all of your opened transaction's take profit and stop loss on to one similar price. How to use Draw a trend line/horizontal line and name it to "tp_" as the take profit line and "sl_" as the stop loss line. The EA will modify all of your orders' and pending orders' take profit and stop loss to the given line. You can drag the gray box to drag the line. You can see the risk in the account currency
This is an expanded version of the Time Levels indicator provided with sound alerts notifying of level intersection. The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. This version is provided with an option for alerting using an audio signal a
MA on Fractals is a professional trend-following indicator for MetaTrader 4 . It builds a moving average using Bill Williams' fractals. We believe that MA on Fractals is much more efficient than a standard moving average. Its combination with other indicators allows receiving more accurate trading signals. It is most suitable for M15, M30, H1 and H4. Advantages Unique indicator. Generates minimum false signals. Suitable for beginners and experienced traders. Simple and easy indicator configurat
ChartGroup
omeleon GmbH
5 (1)
Link several charts to each other to create a chartgroup. Used for rapid analysis of markets/symbols on multiple timeframes. ChartGroup is implemented as a MetaTrader indicator. When the indicator is applied to several charts they share either the same Symbol or Timeframe, depending on the setting of the single Input-Parameter "mode". You can create one group sharing the same symbol and one group sharing the same timeframe/period at one point in time. The number of charts for a group is not limi
TOP Xios
Andrey Kozak
TOP Xios is a ready-made trading system, which provides the trader with signals for opening and closing deals. The information panel in the right corner of the screen shows the total number of signals, the number of points in profit or loss and the percentage of valid and false signals. Working with this indicator is very simple. As soon as a blue arrow appears, open a buy deal and wait for a red cross to appear, which indicates the necessity to close the deal. When a red arrow appears, open a s
Golden Monowave
Ahmed Mohamed Ali
Golden Monowave is monowave indicator, the monowave theory is one of Elliott wave approach and one of most complicate and accurate method. Golden Monowave can shortcut many major steps to identify and describe the monowave. It works on any timeframe and with any trading instrument, including currencies, indices, futures, etc. Input Parameters initial_Bars - set the initial number of bars to calculate. wave_color - select the color of the wave. label_color - select the color of labels. temp_labe
Super Trend Bars
Harun Celik
3 (1)
Super Trend Bars is a trend finding indicator. It tries to find the trends that are most likely to trend. A set of indicators and a set of algorithms. Trend probability changes color when it finds a high trend. The red color represents the declining trend. The lime color represents the upward trend. Super Trend Bar changes color when it finds a trend. Features This indicator is a trend indicator by itself. It can operate without the need for additional indicators. When you see the first lime co
The ChartChanger is a great utility tool to reduce the number of open charts on your terminal. There is three section to it: Symbols, Time frames and Templates. You need only one chart to be open and still you can scroll up to multiple ones. Symbols: With the push of a button you can change from one symbol to another, and your applied indicators will stay on the next chart. For the symbols there is an auto detection mode, or you can manually enter the desired ones. You can use all 28 or any numb
If you would like to trade reversals and retracements, this indicator is for you. The huge advantage is that the indicator does not have input parameters. So, you will not waste your time and will not struggle to change them for different timeframes and symbols. This indicator is universal. The green triangle represents a possibility to go long. The red triangle represents a possibility to go short. The yellow dash represents a "non-trading" situation. This indicator could be used on M1, M5, M15
Life Expert
Dmitry Shutov
Background It only needs a small initial deposit. Suitable for multi-currency trading. Real account monitoring: https://www.mql5.com/en/signals/294440 Operation Principle The EA opens orders based on a built-in indicator. The EA determines the order with the greatest negative profit each tick. Then the 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 plus the amount of the order with the greatest negative p
Length Movement
Pavel Verveyko
5 (1)
Measures the length of the selected movement in points, shows the duration of the movement, as well as the speed of movement.   Outputs the average value of each dimension. It is designed to calculate the expected target based on typical market movements. The intended goal will provide information about the ratio of the stop size to the possible profit and will allow you not to open positions with a small expected profit. It will also help you determine the point at which it is more logical to c
The Expert Advisor identifies extreme overbought and oversold conditions in a market. Opening positions on extreme overbought conditions or extreme oversold conditions allows for getting the highest profit. If the starting position is in a loss then the second or third position has the probability to gain big profit value. The built-in spread filter manages slippages and spread extension. The EA does NOT use hedging, martingale, grid strategies, arbitration, etc. The Expert Advisor works with St
The super oscillator trading system is a trend finding tool. This system consists of a few indicators and a few algorithms. The aim of this indicator is to direct the investor to find healthy trends. Trade Rules This indicator has two channel lines. These channels are red lines below zero and above zero. There is a line in two places to process. These are blue lines. There is one trend line, the yellow line. Up trend rules Rule 1 - the yellow trend line should close below the red line below the
The PriceAction_Helper indicator automatically recognizes Japanese candlestick patterns on charts. The indicator marks the location of a candle pattern and indicates the most likely price direction based on that pattern. Who can use the indicator If you are a novice in trading Japanese candlesticks, PriceAction_Helper will help you detect patterns, demonstrate how they work and enable you to memorize candle pattern types and names. If you are an experienced trader familiar with Price Action, th
Features This indicator determines consecutive bullish and bearish bars; Determines the High and Low for the last N bars (N can be changed in the settings); It shows the Buy and Sell signals based on the values of other indicators, such as Bollinger Bands, Stochastic and MACD; It graphically displays from 4 to 12 consecutive bullish and bearish bars with an alert; It is possible to disable the alert and unnecessary graphical elements; It is also possible to adjust the number of bars in history,
Dmitriy
Ruslan Pishun
3.5 (2)
This long-term trading system works on 10 pairs and M5 timeframe. It uses various trading systems, such as trend trading, countertrend trading and others. This increases the chances of sustained growth and reduces exposure to a single pair or individual operations. The risk is very controlled. The settings are very simple, there is no need to change them. Optimization is not required as well. Realistic management of internal adjustments. Instead of trying to find the exact values that fit the h
Twins RSI
Iurii Tokman
This is the RSI-based oscillator. Settings: Price - applied price. Possible values: PRICE_CLOSE - Close price; PRICE_OPEN - Open price; PRICE_HIGH - High price; PRICE_LOW - Low price; PRICE_MEDIAN - Median price, (high+low)/2; PRICE_TYPICAL - typical price, (high+low+close)/3; PRICE_WEIGHTED - weighted Close price, (high+low+close+close)/4. RSI_PERIOD - averaging period for calculating the index. K - dynamics ratio. Mode - averaging method. Possible values: SMA - simple; SMMA - smoothed.
The trend beads indicator is software that does not include trend indicators such as moving average, Bollinger bands. This indicator works entirely with price and bar movements. The purpose of the indicator is to calculate the most likely trends. To assist the user in determining trend trends. The user determines the trend direction with the colors on the screen. You can use this indicator alone as a trend indicator. Or with other indicators suitable for your strategy. Trade Rules Rising trend
The YFX Symbol Watermark indicator is used to display a watermark on your chart, which makes it easy to see at a glance the symbol information for any chart. The displayed information includes: Symbol Name and Timeframe on the chart Description of the currencies Tag line, which can contain any user-defined information All the information can be displayed on the chart so that it can be easily read. The indicator also has parameters that can be set to customize which information is displayed. Para
The I Return Signal indicator is a product designed for signal trading. This indicator works by using a number of factors such as a set of indicators, recent history data, bar combinations, price movements, custom filtering system and various algorithms. It uses all of these factors at the same time and generates turn signals. The signals are generated by calculating from the highest possible points of the signal. This indicator is easy to use and understandable. Thanks to the warning features,
Price Action Breakout is one of the most popular trading strategy. This Price Action Breakout indicator is designed using several indicators combined to be one strategy. It is very useful for traders that trade based on the breakout strategy. It will make it easier to identify the support and resistance levels. This Price action indicator will draw the support and resistance levels on the chart, so it will make it easier to identify the support and resistance levels. It will inform about the sup
BF Manual
Pavel Zhuykov
Trading panel for scalping. Features Two languages (English, Russian). Adjustable panel scale. Two color schemes. Virtual trailing stop. Trailing stop. Averaging. Parameters Lot - lot size. Lot Button Step - step for changing the lot size using buttons. Take Profit - take profit. Take Profit Button Step - step for changing the take profit using buttons. Stop Loss - stop loss. Stop Loss Button Step - step for changing the stop loss using buttons. Trailing Stop - trailing stop. Trailing Stop But
Salva System EA
Pavel Komarovsky
3 (2)
Salva EA is an advanced and fully automated system, which passes backtesting since 2005. The basis of this strategy is the price chart itself, trading is performed based on the price movement range. Dynamic algorithms and filters are used for taking profit or closing trades. Built-in reworked system for filtering market entries and exits: Checking the trading direction using integrated trend indicators. Checking the channel range for the minimum and maximum values. Checking for the price exceedi
I  recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi symbol and multi time frame indicator scans for the following candlestick patterns (please see screenshot for explanation of the patterns): Three white soldiers (reversal>continuation pattern) Three black crows (reversal>continuation pattern) Bullish and bearish Three line strike (reversal pattern) The patterns do not appear very often on higher
The indicator allows you to quickly switch from one instrument to another, from one time period to another using the keyboard or buttons on the monitor. Each command can be assigned a hot key from 0-9, a-Z (case-insensitive) and VK_OEM_COMMA ("<" on the keyboard) and VK_OEM_PERIOD (">" on the keyboard). This can help you to operate the maximum number of instruments that are available at your broker, analyze more instruments/periods in less time. This product cannot be tested in the tester , beca
Opposite
Richard Hoehne
The EA "Opposite" is a full automated trading expert. The EA uses the hedging strategy as follows: He opens a buy and a sell position at one moment and closes one of the positions after reaching the take profit. Then he opens again two orders in two directions, but in one direction the lot size is bigger than in the other one. Thus one has two possibilities: Either one takes the profit in the direction with less lot size or one takes the profit in the direction with bigger lot size. In the last
Astaroth
Benedikt Linhartsberger
This Expert Advisor focuses on trading breakouts of fix defined structures during the opening in Europe. Similar patterns lead to similar results. TakeProfit and StopLoss are calculated and set by the robot for each position based on the current volatility. For risk minimization the Stop gets trailed once before reaching the target. therefore there are three different ways a trade can result: TakeProfit, StopLoss & TrailingStop. This fact makes it easy to analyze and calculate all positions of t
MA Signal
Maksim Neimerik
It is a simple indicator showing the moments of intersection of two Moving Averages, and it can be an indefensible tool for use in some trading systems. When the MAs intersect, the indicator draws arrows in accordance with the crossover direction and generates and alert. Indicator parameters Period Fast MA - fast Moving Average period; Period Slow MA - slow Moving Average period; Method MA - Moving Average method; Apply to - price used for MA calculation; Alert - alert; Number of history bars -
The Super Cross Trend indicator is designed for trend and signal trading. This indicator generates trend signals. It uses many algorithms and indicators to generate this signal. It tries to generate a signal from the points with the highest trend potential. This indicator is a complete trading product. This indicator does not need any additional indicators. You can only trade with this indicator. The generated signals are displayed on the graphical screen. Thanks to the alert features you can ge
This EA is the 28-common-pairs Scanner in the Forex Market. It based on the theory of 123 Pattern with a set of SMAs, Heiken Ashi for detecting Trade signals. You can choose any time frame to scan as you like. 123 Pattern Theory Buy Condition: Fast MA is above Slow MA (Uptrend confirmed) while Heiken Ashi pull back and begin to continue going up with the trend. Sell Condition: Fast MA is below Slow MA (Downtrend confirmed) while Heiken Ashi pull back and begin to continue the downtrend. (Attach
This powerful indicator intercepts 21 patterns simultaneously on 28 Pairs and on all timeframes. Just put the indicator on a single chart to see all patterns that appear on all pairs in all timeframes The patterns found are: For Bearish: Bearish Abandoned Baby; Bearish Engulfing; Bearish Harami; Bear Kicker; Dark Cloud Cover; Evening Doji Star; Evening Star; Shooting Star; Three Black Crows; Three Inside Down; Three Outside Down; For Bullish: Bullish Abandoned Baby; Bullish Engulfing; Bullish Ha
AccountInfo
Ahmet Metin Yilmaz
This Script Shows your Account & Symbol information which you use on your graphics. These are: Account Information Number Name Currency Server Leverage Stop Out Level Balance Information Balance Equity Margin Free Margin Symbol Information Symbol Lot Size Min.Lot Lot Step Max.Lot Tick Value Tick Size Spread Stop Loss Level Swap Long Swap Short Initial Margin Maint.Margin Required Margin Trade Allowed
SRP (Strong Retracement/Reversal Points) is a powerful and unique support and resistance indicator. It displays the closest important levels which we expect the price retracement/reversal! If all level are broken from one side, it recalculates and draws new support and resistance levels, so the levels might be valid for several days depending on the market! Key Features You can use it in all time-frames smaller than daily! Displays closest significant support and resistance levels Update the le
The   Effort and Result indicator   is based on the work of Karthik Marar; a volume spread analysis trader. It compares a price change (Result) to the volume size (Effort) for a certain period.  By comparing the effort and result, we can get more information about the future price movement. Both values are normalized and converted to a scale of 0 - 100 % based on a selectable look-back period. This indicator is also known as the Effort Index. The law of effort and result The law of effort vs.
EA Channel
Vladislav Berestenko
This is an reversal detection Robot   https://youtu.be/2wCzTFIGNp4 The Robot was designed by myself and works already on live accounts. This Ea is based on high probability reversals in trends. Higher accuracy in higher time frames  Can be used with TP and SL settings with trailing stop as MArtingale The robot works on all Currency Pairs and all Time Frames. The higher the Frame so higher the possibility of the trade accuracy. I wish everyone who purchases the EA maximum sucess and good tradin
This is a Multi Time frame Pin bar alert indicator. You can use on the current time frame only or all of the time frames from the 1 minute to the monthly. When you choose all the time frames, you get alert on the current time frame your chart is open and the time frames above. There is a Pop up, email, and push notification alerts for each chosen time frame separately. The indicator place an arrow on the price chart. For bullish/Long Pin bar it is below the price line, for bearish/Short Pin bar
DoubleEverest
Eduard Khisamov
The DoubleEverest Expert Advisor is a pure, distilled idea. This automated EA follows its own unique mathematical algorithm. DoubleEverest : no indicators no martingale, locking, averaging, other risky money management techniques trades every day DoubleEverest catches the price in the European and American sessions. Considers the volatility and dynamics of the market. DoubleEverest places pending orders on the price extremes: of the past and current day, fractals, significant resistance and supp
Simple panel EA plus
Fedor Arkhipov
4.75 (16)
This is a panel EA for one-click trading. Demo version   |   User manual    |  Contact me for any questions  / ideas for improvement / in case of a bug found List of main functions Risk management Calculate the lot size by X dollars(currency of deposit) and stop loss. Calculate the lot size by percent of equity and stop loss. Calculate lot size by equity percent (free margin percent). Calculate lot size by specified lot for each X dollars(currency of deposit) of balance. Positions and orders
SunGiude
Vasyl Calko
5 (1)
The indicator operates based on a unique candlestick pattern. When the indicator generates a signal, there is a high probability of price reversal, and we can use it in trading. Indicator use strategy Market entry should be performed at the closure of the signal candlestick. Stop Loss should be set behind the signal cloud. We will have two take profits, the first one is equal to the stop loss value, 50% of lot amount should be closed at this level, and stop loss should be moved to breakeven. Th
I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment). when the MACD main line crosses t
MACD Trader FREE
Konstantin Nikitin
1 (1)
This is an automated Expert Advisor that trades using the MACD and Envelopes indicators. The free version has the following limitations. No panel for opening orders. The trading is limited to the EURUSD currency pair and similar. Orders can only be opened with the minimum lot, no more than 5 orders can be opened in the same direction, to a total of 10 orders. Pause after closing of all orders is 6000 minutes. During the analysis, no more than 50 orders are added to the database and 15 bars are c
FREE
WeTrend
Anchor Trading S.R.L.S.
We-Trend MT4 indicator made by the We-Trading team is designed to study supports, resistances and trend filters. We-Trend is the tool that works also as a trend filter on all major trading strategies. We-Trend write for you horizontal lines (supports or resistances) on all timeframes. UP Trend, Down and FLAT The We-Trend helps to understand the direction of the trend. Red or Green Horizontal lines show supports and resistances Trend comment show the main trend of the current TimeFrame, and othe
This indicator studies the price action as a combination of micro-trends. All micro-trends are analyzed and averaged. Price movement is filtered based on this averaging. IP_High and IP_Low (blue and red dashed lines) show the instantaneous price movement. They display the forecast only for the current price values, taking into account only the number of bars defined by the 'Filter level' parameter. SP_High and SP_Low (blue and red solid lines) smooth the price movements with respect to history.
EaRenkoBandsMaDV
Sergey Deev
3 (4)
The Expert Advisor displays on a chart renko bars, Bollinger Bands and Moving Average indicators drawn based on Close prices. The EA opens and maintains trades based on divergence. Price peaks are determined when renko bars exit outside the Bollinger bands and move back. A sell trade is opened when the next price peak exists the borders of the upper Bollinger band and is higher than the previous one, and the divergence between the middle Bollinger line and the moving average is less than the poi
Open lock
Sergey Likho
4.07 (43)
The Expert Advisor helps reduce the account drawdown. To do this, the losing deal is split into multiple small parts, each of these parts is closed separately. The EA can interact with other experts. For example, when a certain drawdown is reached, Open Lock can disable the other expert and start working with its orders. Open lock for MetaTrader 5 is available here Methods used by the EA Locking to prevent a drawdown increase Averaging orders used to cover the loss Partial closure to reduce the
Ratio TP SL
Pavel Verveyko
5 (1)
This indicator allows you to measure the profitability of each specific transaction (the ratio of Stop and Profit). The indicator allows you to adjust the ratio by step size and number of steps. You can build an unlimited number of ratios to compare the risks from different movements. Note: in MT4, the number of horizontal lines in a single ratio cannot exceed 32. Building a line : click the " Ratio " button and draw a line (mouse click - the first point of the line, where the mouse is release
Strongest and Weakest Currency Analysis This product shows the strength of the main currencies in FOREX based on average pip gain/loss in different time-frames! Depending on the strength of the currency, the indicator colors changes from blue to red also the orders may also be changed, allowing you to find the strongest and weakest currency at a glance! Advantages Whatever your trading method and strategy are, it is always important to choose the correct pairs, so this indicator will help you a
Trends Hunter Expert Advisor is designed for medium-term trading. It is not a martingale and it does not depend on an account type (ECN, STP etc.) or spread level. This is a fully automated EA that features a custom algorithm for recognizing the price action and origination of a trend. If the EA identifies the beginning of a trend, one trade is opened. If a trend continues, the EA adds to the position. The number of addings is adjusted by the settings. Options Lots - fixed lot size; EMA1/EMA2 p
Mind Wave Trading Simulator is a training/trading utility for MetaTrader 4 that runs in both tester and real trade modes. It extends MetaTrader 4 functionality and makes trading easier in both tester and real trade modes. When used in the MetaTrader 4 tester, it offers traders an opportunity to practice and train their manual trading skills in accelerated speed. No need to wait for hours and days in real time demo trading to evaluate some manual trading strategy. Features that extend MetaTrader
Corporate Report
Pavel Verveyko
5 (1)
The script displays info about the share's corporate reports and dividends. The data is downloaded from   investing.com : Report date Profit per share (EPS) Revenue Market capitalization Amount of dividends Date of payment of dividends Dividend income The product cannot be tested in the tester (since it is not possible to receive data from the Internet). Before launching:  Add 2   URL   https://ru.investing.com/earnings-calendar/Service/getCalendarFilteredData  and   https://ru.investing.com/di
Ultimate Pips Recovery ( UPR ) is a unique, high quality and affordable trading tool, which is easy to use because knowledge of Forex trading is not much required to use this Expert Adviser. UPR does not require a specific time frame because it uses the technique that at every point, market will either go bearish or bullish. It opens a trade(say a buy trade) and immediately opens a sell stop position with a higher calculated lot size whose take profit is the same as stop loss of the previous ope
The RSI.MACD Warden is a powerful indicator for MetaTrader 4 that uses a versatile algorithm to identify RSI, MACD, and Stochastic divergences. This indicator is designed to look back at a set number of bars and draw lines when a normal or hidden divergence is identified. The smaller the lookback period, the faster the indicator will be. The indicator can identify both normal and hidden divergences and is more accurate in identifying normal divergences. We've conducted a great number of tests t
Shark Surfer is a new generation indicator applying a well-established trend-following trading. The product is good both for scalping, as well as medium- and long-term trading. Shark Surfer analyzes a selected symbol and shows the recommended market entry, take profit and stop loss levels. Shark Surfer trades on all symbols and timeframes. It also features email and push notifications concerning the new trading signals. The indicator searches for suitable market entry points on an already formed
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
FxAdvisor
Vladimir Deryagin
The Expert Advisor consists of three popular indicators: MovingAverage; Stochastic; MACD. It is possible to use all three indicators both together, and individually, selecting the necessary combination. Basic settings of the Expert Advisor Magic - magic number of orders; Volume - trade volume; Slippage - slippage when opening orders; Stop Loss - close order at a certain loss in points; Take Profit - desired profit in points; Trailing Stop - move StopLoss to order's opening price when a positive
Hello, this EA is designed to scalp the market in the direction of the trend. I give you the ability to modify a lot of parameters in order to optimize the EA on different assets and timeframes. As a matter of fact, I noticed that the strategy is relatively adaptable among some Forex pairs and some assets from the daily timeframe to the 5 minutes one. I hope that you will be able to diversify your portfolio thanks to this skill. All backtests are done with a real tick database. Parameters OBlon
The ZigZag works as follows: On the left part of the chart, it finds a pivot point with the NumderOfBars parameter, which is a bottom. If the price action draws a top with the NumderOfBars parameter after this bottom, then the ZigZag draws a line from the bottom to the top. If the price action makes a new deeper Low, without forming a top, then the ZigZag extends the descending line to the new bottom. If the pivot point with the NumderOfBars parameter on the left side of the chart is a top, the
Self test
Sergey Borisov
This utility is designed for testing the signal indicators (arrow or trend based). This utility allows quickly evaluating the efficiency of an indicator. To use this utility correctly, enter the exact name of your indicator in name_indicators. Then set filter 1 or 2, depending on the bar, where the order should be opened. Next, set the number of the buffer for buying and selling, set take profit and stop loss. The indicator is ready to be tested. This utility can be used in live trading as well.
Multiple RSI indicator works based on the standard RSI indicator. This indicator will display the RSI indicator from different timeframes on one screen. You will see the RSI indicator for all timeframes on one screen. This indicator saves you from constantly changing charts. At the same time you can analyze the operations of other graphs relative to each other. Features This indicator shows the RSI graph of the timeframe you are working on and the upper timeframe graphs. For example, if you run
The WWCS Trade Information Indicator is designed to assist you with money management and provide you with important information about a currency pair both before taking a trade and after your trade is in progress. The trade information (such as recommended lot size for a desired percentage of your account equity, the amount of money at risk, etc.) takes quite a bit of time and knowledge to calculate and, because of the speed at which prices change, is out of date as soon as you've calculated it.
Samurai Scalping Indy is indicator signal strategy trading with Heiken Ashi, Smoothed Moving Average, and Ichimoku. It'll alert signal with an audio or pop up on the chart for Entry BUY/SELL and Exit BUY/SELL alert signal. Helpful for your system trading. Its easy use to filter major trend and help for scalping strategy to follow the trend. You can ON/OFF audio alert signal on the chart, Notifications alert on mobile, Email message alert. (Setting the alert on Mobile/Email in MT4. Go to Tools >>
Impulse Catcher
Alexandr Maltsev
The Impulse Catcher Expert Advisor is based on the Impulse Checker indicator. The main operation principle lies in utilization of strong directional price movements. The EA opens positions the moment a strong directional price movement appears. The EA does no use hedging, martingale, grid and other risky strategies. The EA uses only tick data in its calculations, so changing the timeframe does not affect the entry and exit points. Use the timeframe, where you can easily monitor trading on the ac
Swing MorningFlat
Andrei Fandeev
4.75 (4)
This Expert Advisor is based on the famous Morning channel breakout strategy. At the appointed hour, the EA plots a channel using High and Low of the specified number of candles of the selected Timeframe . Filtering is performed by the size of the channel range. The BuyStop and SellStop orders with the initial lot are placed at the channel boundaries. If one of the pending orders triggers, the other one is deleted. The EA marks the Breakeven price on the chart with yellow icons. If the price pas
Introduction to Double Harmonic Volatility Indicator Use of the Fibonacci analysis for financial trading can nearly go back to 85 years from today since the birth of Elliott Wave Theory by R. N. Elliott. Until now, traders use the Fibonacci analysis to identify the patterns in the price series. Yet, we could not find any one attempted to use Fibonacci analysis for the Volatility. Harmonic Volatility Indicator was the first technical analysis applying the Fibonacci analysis to the financial Volat
The Signal MACD product is an indicator that works with the standard MACD indicator. This indicator is designed to do signal trading using the objective MACD indicator and a set of algorithms. This indicator can be used both as an oscillator and as a signal producing product. So you can use this indicator in two goal. When the indicator finds a signal, it shows arrow marks on the oscillator. These arrows allow investors to trade. Trade Rules "Buy" action when you see a green arrow and receive a

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