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The EA is optimized for EURUSD M15 and can be used with 4 and 5-digit brokers. Recommended leverage is 1:100. Currency Pair: EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD. Money Management Lots SizeEnable risk managementRisk in percentage of the accountMinimum lot allowed by the EAMaximum lot allowed by the EAEnabled Gral 2Gral 2, lots sizeGral 2, Risk in percentage of the account Order Management Compatible with ECN brokersMaximum trades allowed by a traderMaximum spread, 0 = disabledStop LossTak
Smart Order expert gives you the ability to place 4 new types of orders in easy way. These new types of orders will add a lot to your trading experience. Time Order, Time Price Order, Buy Stop Limit Order & Sell Stop Limit Order. Discover these new types now and add more flexibility to your trading experience. Parameters Time Mode: Select Time preferences for placing orders from 1: Local Time 2: Server Time 3: GMT. Select Local Time if you want to place Time driven orders in your local time, S
This Expert Advisor trades based on the values of the BinaryOption indicator. Trades are opened when the indicator informs about the possible reversal. Losing trades are saved by increasing the lot. The robot has been developed for option trading on the MetaTrader 4 platform. The specific feature of the EA is that it only OPENS deals, and the broker then closes them after the time of the option expires. The EA does not work in the tester, since it has been specifically created for option trading
This Expert Advisor is intended for trading on EURUSD. However, it can run on other currency pairs. Please use the M5 and M15 timeframe. IsMicroAccount - define if account is micro or standard CompletedBars - define execution by bars or ticks TradeOrAlert - define execution. True allows trading, false sends Alerts SendMailMode - if ON, send mail with order execution info PlaySounds - if ON, play a sound when orders/alarms are executed MySound - sound to be played when orders/alarms are e
Average Bar Size versus Average Volume (ABSAV) is a simple and easy to read trending indicator. It uses bar size and volume to calculate the ABSAV that shows trend and strength of trend to give the trader an excellent idea of when to get into and out of trades. ABSAV is a supplemental indicator and should be used with other indicators, money management, and risk management to make a good trading strategy. ABSAV should complement most if not all traders and give them an edge in the market. If you
Description One of the Dow theory tenets states: "Trends are confirmed by volume". This product is a multicurrency/multisymbol indicator that has been designed to define large and/or small tick volumes according to the mentioned tenet. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an
The interpretation of the SmartMass indicator assumes that on periods when volume increases, the "uninformed" investors are in the market. Conversely, on periods with decreased volume, the professionals and smart investors "smart money" is quietly taking positions. The indicator is based on the concepts Explained in Stock Market Logic, by Norman Fosback. I added a proprietary algorithm to give more reliability selecting the best entry. SmartMass is a usefull indicador. Combining this ind
News Trader Pro is a unique robot that allows you to trade the news by your predefined strategy. It loads every piece of news from several popular Forex websites. You can choose any news and preset the strategy to trade it, and then News Trader Pro will trade that news by selected strategy automatically when the news comes. News release gives opportunity to have pips since the price usually has big move at that time. Now, with this tool, trading news becomes easier, more flexible and more excit
The lite version of the "Muholov FX-master" Expert Advisor (analyzes compliance with 2 of the 3 types of signals for opening a deal) defines trend reversal points and tries to gain the best of the price movement. Signals are rare, but are quite accurate. The Expert Advisor simultaneously analyzes and trades 276 trading instruments. A trader can choose which group of symbols to trade. The volume of each order is fixed - 0.01 Lot. A trader can set an individual limit on the minimum number of
The Expert Advisor applies two types of martingale. If UseNewMod=false, adding to a position at each bar; if true, adding is used when bar is closed in the direction of a trade. The product has two modes - automatic and semi-automatic. Use on any chart timeframe. The product is designed for manual trading and tested in visual mode. It has been designed for trading binary options. Expert Advisor Menu AlertExperens = 30 - a delay for the alert in seconds. UseNewMod = true - false = adding at
This is a martingale in its purest form. The product has two modes - automatic and semi-automatic. Use on any chart timeframe. The product is designed for manual trading and tested in visual mode. It has been designed for trading binary options. Expert Advisor Menu Experens = 5 - option duration, minutes. Exp = 4 - delay 0 (+1+2+3 -1-2-3 or 0), sec. BayAuto = true - first trade, auto/manual (using the button on the chart). SelAuto = true - first trade, auto/manual (using the button on th
Prototype 4 is an automated trading system, which opens positions in trend direction from correction based on data of built-in indicators. Test results show a stable profits for almost 15 years since 2000 (see. the screenshots), as well as in real trading. Monitoring: https://www.mql5.com/en/users/r0s/seller This Expert Advisor can be used in combination with Prototype 1. Part of the orders of two Expert Advisors is hedged (opened in different directions). The Expert Advisor works on any ac
This three dimensional indicator (based on moving averages) can help you do 100% stress-free, successful manual trading based on M1, M5, M15 or higher timeframes. It is an excellent indicator for traders who wish to scalp on M1 or M5 time frames; or carry out long-term trend trading on higher time frames such as M15, M30, H1, H4, D1 or W1. Usage BUY when all lines have made a turn upwards, and bid price has moved up above the lines. SELL when all lines have made a turn downwards, and b
Carpenter works on the EURUSD D1 Chart. It looks for quick intraday trends and opens trades depending on the trend direction. Then it quickly modifies the stop loss at break even as soon as possible to prevent losses. If the market direction goes in its favor, it will keep the trade open until take profit is reached. Results According to Backtesting results in a MetaQuotes-Demo account, from January, 2012 to September, 2014 this strategy turned $1.000 into $1.983.779,30 with a relative drawdow
Support & Resistance Seeker is an Expert Advisor that automatically recognizes significant levels of price such as Support & Resistance and evaluates their importance. The Expert recognizes the levels at certain time when majority of the exchanges are closed. Then those levels are used in the following 24 hours. Money Management: the EA automatically carries out reinvestment, increasing the lot in accordance with the growth in deposits. Currency pair: EURUSD. Timeframe used: H1.Does not
This indicator uses the Moving Average (MA) and returns two strength scores as two lines in window - one for the base currency and other for counter currency. It combines the group of correlated (base & counter) currency pairs dynamically from the chart, as per: AUD="AUDUSD","AUDCAD","AUDCHF","AUDJPY","AUDNZD" / "EURAUD","GBPAUD" USD="USDJPY","USDCHF","USDCAD","USDNOK","USDSEK" / "AUDUSD","NZDUSD","EURUSD","GBPUSD" NZD="NZDCAD","NZDCHF","NZDJPY","NZDUSD" / "AUDNZD","EURNZD","GBPNZD"
This is a panel for market review and evaluation of multicurrency price movements. It shows main parameters for a user defined group of symbols in the form of a table. The following values are displayed: Symbol name; Ask price value; Bid price value; Spread size in pips; Stop level in pips - may be hidden by a user; Change of price in pips comparing to the day start; Current daily range (High - Low) in pips; Average daily range in pips for user defined number of days; Price change pe
The indicator is designed for easy construction of synthetic charts based on data of various financial instruments. It will be useful both arbitrage and pair trading, as well as for analysis purposes. Its main advantage is simplicity and clarity. Each chart is given as a common mathematical formula. For example, if you want to plot the spread (difference) between EURUSD and GBPUSD with coefficients 4 and 3, then set the following formula: EURUSD * 4 - GBPUSD * 3 The resulting chart is shown in
Expert Advisor for XAUUSD. Orders are opened when market volatility increases and price hikes. It is recommended to use this EA at brokers with low spread and on a VPS with low latency. You can begin with a deposit of $100. EA does not use in high-risk trading trading strategies like Martingale, and doesn't apply any technical indicators. Works directly with the 4 and 5 digit prices. Test mode "Every tick" at 99.9% modeling quality. With less precision quality of quotations, normal test won't wo
Gold price is always a roller coaster ride when major economic data is released in the US. And there is always an extreme volatility in currency when economic news are released in countries. Now, you can set up the release time of economic news and levels of gain/loss stop in the EA. Gold Price Related News If you have no idea, which news is effective, these are some economic indicators for your consideration. US Non-farm Payrolls US Initial Jobless Claims Institute of Supply Manage
This Expert Advisor works with high volatility markets and was developed on statistic pattern recognition. This Expert Advisor is optimized for EURUSD 5M. You don't need to set anything only MagicNumber and LotSize. Input Parameters Magicnumber - Magic number for this expert's orders. LotSize - Lot size for this expert orders.Download the demo, try it, enjoy and share.
This indicator enhances the zoom capabilities of your MT4. It operates in three modes: 1) Setting Price and Zoom Levels for a timeframe You can set price and zoom levels for each timeframe by selecting the first mode of Zoomer in the properties of the indicator. Then on the chart, set the price levels by dragging the price scale area and the zoom level using the buttons 'Zoom In' or 'Zoom Out'. Then just click on the picture of the open lock. Each time you get back to the timeframe where you h
Do you use dynamic ranges (like Bollinger Bands or Envelopes) in your trading? Usually such calculations use a fixed period, but does it reflect the nature of the market? In fact, the price chart consists of a series of successive processes - trends and flats. In this case, we can talk about the internal development logic inside a single process only. Accordingly, the dynamic ranges built for the process occurring "here and now" suit the nature of the market better. The Growing Bands indicator
Summary This indicator is based on RSI and Momentum indicators. It also considers moving averages of these two indicators. The three indicators have adjustable settings. The arrows do not repaint since the indicator only uses confirmed values and waits for the candle to close before painting an arrow. The indicator is also able to alert when arrows appear. There are 3 types of alerts - Popup, Email and Mobile Push Notifications. The arrows can be used in the EA and the inputs can also be op
Golder trading system provides a trader with buy and sell signals. Robot Golder does not redraw the entry points! When a signal appear, the robot sends an email and a push notification. Golder trading system is able to determine the entry points for any currency pair and any timeframe. Buy signal is when a blue arrow appear. Sell signal is when a red arrow appear.You can test this trading robot for free in real time mode on a demo account.
Precise Indicator for Determining a Trend The indicator does not redraw its values under any circumstances. It is ideal for both novice and professional traders. The indicator identifies areas for selling and buying with a high level of accuracy which allows trading in the direction of the trend. The indicator does not require setting up, though it is equipped with a feature allowing advanced users to do so if a necessity arises. Although Trend Wizard can work on any timeframe, I recommend appl
The martingale is one of the most famous mathematical methods in this market, but its high risk level always causes big amounts of loss. Traders use a variety of methods to lower the risk. In this Expert Advisor, the martingale risk is lowered by the following methods: Simultaneous use of several pairs Anti-martingale Dividing the positions Opening the breakout positions repeatedly Editing positions based on the last positionInput items have been simplified so the user can make desired c
Trade Signals are based on the INTRADAY previous period High and Low. Initial Stop Loss and Take Profit are customizable. Trailing Stop Loss is customizable as well. Trade volume can be calculated regarding the amount of capital to risk in terms of percentage or money. Features Tracking and plotting the previous period High and Low price levels. Sending one or multiple Buy Limit and Sell Limit orders at the previous period highest price with customized Stop Loss and Take Profit levels.
Trade Signals are based on the INTRADAY previous period High and Low. Initial Stop Loss and Take Profit are customizable. Trailing Stop Loss is customizable as well. Trade volume can be calculated regarding the amount of capital to risk in terms of percentage or money. Features Tracking and plotting the previous period High and Low price levels. Sending one or multiple Buy Stop and Sell Stop orders at the previous period highest price with customized Stop Loss and Take Profit levels.
The trading system built in Muholov: GOLD_trader Expert Advisor is characterized by a very high statistical repeatability. You do not need to manage anything. Optimal lot size per deal, stop losses and take profit are defined and displayed for each order. A profitable order is trailed in order to receive maximum profit from the deal. About the System Works only on GOLD Based on two MAs Algorithm timeframes are present in the settings. The Expert Advisor can be launched on any timeframe.
The algorithm of Seven Steps Expert Advisor constantly analyzes the last seven important moves of a currency pair. Depending on which stored pattern the EA recognizes it, the trading robot trades a correction of the moves or goes with the trend. A sophisticated trailing stop lets profits grow. No martingale, no grid, never more than one order is opened always with Stop Loss. The stored patterns are common in the M5 chart of many currency pairs, so the EA can work on different pairs. The EA work
TIL Multi RSI indicator applies RSI to 28 currency pairs all at once and displays the most current signal of each one in a two-column list. The currency pairs involved are the combinations of the eight major currencies (USD, EUR, GBP, CHF, JPY, CAD, AUD, and NZD). All the currency pairs are sorted automatically from the one with the highest signal down to the one with the lowest signal in a two-column list starting from the top left to the bottom right. Just a quick recap on what the Relative S
TIL New Bar Timer executes one simple yet very powerful task - it displays the time left before a new bar forms in any timeframe. With this indicator, you can effectively prepare to enter or exit trades in most occasions, as TIMING IS EVERYTHING. TIL New Bar Timer also changes color gradually as the timer ticks down to zero. This helps the user to estimate quickly how much time there is left in one glance. There are basically three colors that the timer changes to: Red - this means that a n
Pivot Point is a technical indicator widely used by traders to predict major price movements by calculating various levels of support and resistance. Investopedia defines the pivot point as follows: A technical analysis indicator used to determine the overall trend of the market over different time frames. The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On the subsequent day, trading above the pivot point is thought to indicate
The analyzer defines support/resistance levels and potential trend reversal points quickly and accurately. Calculated mean-square deviation of a quote movement on a user-defined segment is used for analysis. The most likely trend reversal points are defined, and recommendations in the form of horizontal colored lines are displayed. The probability of a quote moving from the blue line to any of the green ones is >34%; From the green line to the yellow one - about 13%; From the yellow line to
TOP 10 indicators parameters is an Expert Advisor that displays optimal parameters for basic MetaTrader 4 terminal indicators. For example, the table allows you to know the current best period for using Bollinger Bands indicator on GBPUSD M30, as well as the most efficient SL and TP levels. 7 indicators: 2 x Exponential Moving Average, ADX, Bollinger Bands, MACD, OSMA, Momentum and RVI 8 currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, GOLD (XAUUSD), AUDUSD, USDNZD and USDCAD 5 timeframes:
This indicator shows bars from higher timeframes on the current chart window. Non-standard timeframes are supported. The product can be helpful in manual trading and is suitable for being used in EAs. Indicator Parameters TimeFrame - timeframe to show Displacement - 0 => shows the current bar formation, any other value => bars are displaced to the right. It is useful to check the previous levels' breakout.When used in the EA, the following buffers are available: 0 (High) - High prices
Do you need positions alert? You can have sound, window, mobile and email alert when positions or orders are activated, opened, closed or canceled. For example, when you open the buy position, you can have sound and window alert. If your position closed with $27 profit, you can have sound and window alert with full information: "EURUSD buy position close at 1.3564 with $27". Inputs FilterBySymblol, true or false – you can filter alert by any symbol that you want. FilterbyMagicNumber, tru
This Expert Advisor is based on a very simple strategy: the break out strategy. You can choose the period in which the EA searches the highest and the lowest price, when the price breaks out of this range: above the highest price a buy position is opened below the lowest price a sell position is openedAfter each new candle the EA determines the new highest and lowest price and changes the stop loss. So this EA doesn't use a take profit, it just changes the stop loss to the lowest point of
With this tool, you have a detailed view of the power of different currencies on different timeframes at the same time. This tool calculates rankings for your selected currencies at up to 8 different timeframes. The rankings update themselves in real time! You can't analyze this while you are comparing charts with your eyes. If you have a rising EURUSD: Is EUR really strong or is USD very weak? Is USD weak, because other currencies are stronger? You must compare every currency with al
This EA trades with the CCI indicator, it runs with the market trend. It will close orders that go against the trend and profit orders will be trailed until closed. You are welcome to change the settings. Tests were done with these settings on M15 USDJPY. Trade on M15 and higher. Parameters MAGIC_NUMBER=113020. (You can use any number here) Lots=0.01. (Adjust lot size to fit your trading style) Use_BrokerHidden_Stops=true. (When set to true your StopLoss levels will be hidden from the b
This is a plain and simple indicator for scalping on 1-minute chart. SuperScalpMt4 uses pure price action to keep track of micro trends on M1 timeframe by uniquely analyzing highs and lows for each bar. There are no input variables to worry about. The indicator should be used only on M1 timeframe for any Forex pair. The indicator does not repaint. The blue bars signal upward movement of price and red ones warn of a downward movement. Simply buying and selling when the indicator bar changes colo
Fenix is a trend following Expert Advisor that runs on offline Renko charts. Renko charts are drawn using the free RenkoLiveChart EA which should be used on M1 chart. Parameters of RenkoLiveChart: RenkoBoxSize = 10 RenkoBoxOffset = 0 RenkoTimeFrame = 2 ShowWicks = true EmulateOnlineChart = trueThree trend following strategies aimed at small profits (scalping strategies) are implemented in the Expert Advisor. The EA enters the market when trend direction changes to the opposite. This entr
Hedge Trading with minimum lot exponent, good for unknown trend. Best for high impact news. Default Settings MagicNumber = 3377 - to separate and classify each symbol. FirstLot = 0.10 - I suggest using smaller lot, according to your broker. LotExponent = 1.44 - lot multiplier used after executing the first order. HedgeTakeProfit = 5 - take profit for the first order. LockPips = 5 - breakeven level in pips. SecondGrid = 13 - pips between the first order and the second order. GridStep =
Features While being attached to just one chart, it trades 8 different currency pairs. A unique way of entering trades makes it unaffected when run on anti-hedging brokers. An advanced trailing stop feature.Super bug opens trades on eight currency pairs: EURUSD, AUDUSD, USDJPY, USDCHF, EURJPY, AUDJPY, EURAUD and AUDCAD. Just attach it on any H4 chart, set your desired lot size and the EA will do the rest! The Expert Advisor was tested for a year from August 2013 to the end of July 20
The Expert Advisor trades using Stochastic Oscillator. The trading is performed on different timeframes from M5 to H4. Scalping, short-term or mid-term trading strategies can be applied depending on the timeframe. If you enable martingale system, the deals are opened with Step_Orders step. TakeFulls value is decreased with Step_changes_Take_Fulls step. This allows the trading robot to cope with drawdown as quickly as possible. Martingale system is used by the trading robot only to gradually inc
EA_Elliott Wave trades based on Elliott Wave Theory. https://www.metatrader5.com/en/terminal/help/objects/elliott/elliott_theory It can trade on different timeframes from М5 to D1. If you enable the martingale system, the deals are opened with the Step_Orders step. In that case, TakeFulls is decreased with the Step_changes_Take_Fulls step. It helps you to quickly exit the drawdown if it occurs. The martingale is used by the trading robot only to gradually increase the deposit load and provide
Cobra calculates price deviations from its average value trying to sell high during an uptrend and buy low during a downtrend. The product has flexible settings allowing it to work on any currency pair and timeframe easily. Only limit orders are used in the trading activity. The trading robot has user-friendly interface. The product's parameters are displayed on the screen. The Expert Advisor works with any broker. It has been tested on almost all currency pairs (EURUSD, GBPUSD, USDCAD, USDC
Why EasyScalper? Many Newbies Traders invest, with more or less success, on the Forex Market with trend-following strategies, but you must to be aware that this Market is about 80% of the time in situations of range, that make inefficient or even dangerous to use these strategies. EasyScalper will take the advantage of the market in these range areas. How? Simply by identifying these areas with low volatility and making Scalping Strategy on EURUSD. The Stop Loss and Take Profit are set aut
Krimbler Grid is a simple and easily customizable Expert Advisor based on Grid trading strategy. Krimbler does not use indicators, it does not analyze the market. Its settings are very basic and straightforward - you should set only distance in pips for buy/sell stop orders and take profit. Features The EA evaluates every bar, not every tick.The EA does not place stop losses.Settings No New Orders - prevent the EA from placing new orders.Lots - lot size.Magic Number - MagicNumber for order id
This tool shows the pivot-levels for the current day. It is also possible to enable the 'half-pivot-points'. Pivot points are price levels that are calculated from the prices of the previous day. Attention: These prices could be different from broker to broker. So the pivot-levels can be different from actual values you can find in the internet. These difference can occur, if your broker has other market open and market close times than (for example) the broker of your friend. Lots of traders
This Expert Advisor is designed for mechanical (manual) trading strategies. Manual trading! Muholov: MULTI Likhovidov Folding rule automatically finds Likhovidov Folding rule pattern on 276 trading symbols (can be changed in the external settings) and on timeframes from М1 to W1 (8 in total) displaying appropriate comments with recommendations. Likhovidov Folding rule is a pattern consisting of three (or more) successively angle-wise segments representing support (if the price is rising) and r
This indicator produces 3 bars by analyzing several indicators that show what the Trend, Wave and Extreme conditions are for the symbol being analyzed. It can work on any timeframe but H1, H4 and D1 are recommended. Each bar is filled upwards with a green color or downwards with a red color to determine the direction and the strength of the above 3 elements. 17 strategically used indicators can tell you how the instruments are behaving. Trend points out what the long term direction of t
Maximum Trend displays a buy/sell signal. The product is good for scalping and intraday trading. Features Timeframe - any. Trading - any symbols. Buy signals - blue arrows. Sell signals - red arrows. The formed signal is non-repainting. The settings are very simple. You should only configure RISK parameter (the default value is 3). The higher the value, the more aggressive the trading.
NewsMomentum is an indicator that monitors the market between the specified hours and sends an alert to potentially buy or sell when the momentum of the market increases such that there may be a reaction to the news for the observed currency pair. As always, it is best to confirm these movements with other factors such as support and resistance breaks. This indicator works on any timeframe but it is recommended to be used on a smaller timeframe, such as M5, due to the speed at which the news in
The EA is optimized for the EURUSD M15. 4 and 5 digits brokerage. Recommended leverage is 1:100. Compatible with ECN brokers. Money Management Lots Size. Enable risk management. Risk in percentage of the account. Minimum lot allowed by the expert. Maximum lot allowed by the expert. Enabled Strategy 2. Strategy 2, lots size. Strategy 2, Risk in percentage of the account. Order Management Compatible with ECN brokers. Maximum trades allowed by the traders. Maximum spread, 0=d
This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The trading robot enters the market using standard Stochastic built in МetaТrader 4. Orders are closed by trailing or TP - you can build a grid and enable common trailing for it. The product works on AUDNZD (H4 - there are less trades, but the entries are more precise). Files with settings for currency pairs and gold are to be added in Comments tab - you will be able to perform tests b
The EA is optimized for EURUSD M15 and can be used with 4 and 5-digit brokers. Recommended leverage is 1:100. Money Management Lots Size Enable risk management Risk in percentage of the account Minimum lot allowed by the EA Maximum lot allowed by the EA Enabled Strategy 2 Strategy 2, lots size Strategy 2, Risk in percentage of the account Order Management Compatible with ECN brokers Maximum trades allowed by a trader Maximum spread, 0 = disabled Stop Loss Take Profit Take Pro
The Expert Advisor applies a unique strategy of tracking market orders and modifying pending ones. The product works even with small deposits. Recommended deposit is 1 000 USD (1000 USD cent). The Expert Advisor does not use high-risk trading strategies, like Martingale, and does not apply any technical indicators. It works directly with the price (both 4 and 5-digit quotes). Two types of trailing stop can be optionally applied in the trading robot: first, trailing is performed at the bar the ma
YelkiPalki is a trend reversal indicator displaying entry points in the form of arrows. It does not change its readings under any circumstances. The indicator's readings are based on the author methodology developed on several interrelated principles of currency pair movement. The preferred timeframe is М5. However, with the proper settings, the product works on other timeframes as well. The best results have been detected on EURJPY. The indicator signals are reliable on such synthetic charts a
The indicator displays either a support line or resistance line to help you set Take Profit and Stop Loss levels. This indicator is showing the closest match of support or resistance lines based on Fibonacci. The period used is either the visible chart or a preset amount of bars back. Inputs ShowBothLines - if true, both the support and resistance lines are shown (with the weaker trend as a smaller line). Otherwise, only the closest line is shown. UseVisibleChart - if true, the support a
The indicator displays buying and selling volume for the five different preset periods based on smaller periods' candle directions. Periods For the past hour. For the past 3 hours. For the past 24 hours. For the past week. For the past 30 days. If the Close price is larger than the Open one, all volume is added to buying volume. If the Close price is smaller than the Open one, all volume is added to the selling volume. For the periods of one day and shorter: 1 minute candle is used
The indicator displays a histogram for the Relative Strength Index direction. This is calculated by taking the average up or down RSI movement (on Close, High and Low prices) for each of the "CompareCandles" and then setting a signal for direction. There is also an extra weight on the later candles to quickly detect changes in the trend. There are four different values for the signal. Up - there are more up than down movements in the CompareCandles and the general RSI is greater than 55.
Upon its launch, Yesterday extremally orders script automatically places two pending orders (Sell Stop and Buy Stop) on a once-only basis. The orders are placed at a certain distance (in points) from the extremums of the previous trading day at the current symbol (maximum and minimum prices accordingly), while Stop Loss and Take Profit are defined in the script parameters. The script's relevance is indicated by the statement: "If the price breaks the previous day's High or Low by more than 10
Monitoring the vital constants of your trading account has never been easier! PZ Risk Management indicator has been designed to keep your trading account healthy. Amazingly easy to understand The indicator is clean and simple It calculates exposure by pairs and currencies Keep your used leverage controlled at all times Find out your currency exposure at a glance Orange labels indicate caution Red labels indicate dangerUsing too much leverage is the reason why most retail traders fail. R
Bee is an Expert Advisor specially designed for EURUSD M15. The Expert Advisor is based on candlestick analysis and Bollinger bands. The EA works both with four and five decimal points. Parameters OpenDay - The EA will start trading from this day. 0=sun,1=mon,2=tue,3=wed,4=thu,5=fri,6=sat OpenHour - The EA will start trading from this hour (24-hour clock). MagicNumber - The number for the EA to recognize its own positions. If you use other EA on the same account, please ensure that
PACMAN Scalper is the "price action correlator" (PAC) dashboard indicator, which is an excellent assistant for trading Forex, as well as trading indices, such as the US30, DE30 and other single instruments on small timeframes. This trading tool also features multipair options for observing correlated or "TRIAD" price action based Forex, such as EURUSD/EURJPY/USDJPY. The indicator performs multiple timeframe calculations taking into account the Open, High, Low and Close to display trend and volat
This script downloads global calendar GMT datetime events file 'my-fx-autobot-calendar.csv'. Then vertical time lines are drawn specific for the currencies on this chart and are color-coded by importance (Red - High, Orange - Medium, Green - Low). Warning: Markets need to be open for datetime calculations to work correctly in your terminal, i.e. not an offline script, and the file should be deleted on every new week in order to get the latest events file. The CSV file data (sourced
I have worked very hard to improve MFMv3.0. MFMv3.0 only worked with non ECN / STP brokers, fixed spread = 1pip, 4 digits. Now MFMv4.0 was able to perform well for ECN / STP brokers, 5 digits, can spread up to 3 pips, or even 4 pips (including commission). Available Settings: Settings for trade functions: CommentInfo - this is comment is used for orders and for journal messages. MagicNumber - magic number used for the EA to manage positions. If 0, magic number is not used.Risk/Money Manag