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Description This maths-based Pipsovar Expert Advisor trades previous day's range breakouts. In case of reversal, additional limit orders are used. Theoretically, the Expert Advisor can work with any instruments available in MetaTrader both in the "multi" mode (on a single chart) and on a separate chart for each instrument. It shows great testing results over a year's data (please see screenshots attached). The Expert Advisor is capable of working in automated mode. Since the set of parameters
This is an indicator that helps you to see what symbols have the best SCORE of SWAP and SPREAD. The SCORE is calculated as follows: SWAP/SPREAD. So, the higher SCORE/SPREAD symbols have, the better (because everyone wants their orders to have positive swap, while keeping spread small). This indicator will help traders have an advantage in swap when choosing symbols and type (buy or sell) to make an order. You can see (in the picture) that this indicator shows a list of symbols with their
Panel Description The panel is used for clicker trading. Settings: Lot_bezop - a constant lot for a secure signal (with MM = false). Lot_aggres - a constant lot for an aggressive signal (with MM = false). Lot_jadn- a constant lot for a greedy signal (with MM = false). MM - enable/disable money management. Lot_bezop_proz – lot as a percent of a maximum lot for a secure signal (with MM = true). Lot_aggres_proz - lot as a percent of a maximum lot for an aggressive signal (with MM = true).
The indicator is based on pair trading (see Pair Trading in WIkipedia) methods. It is not redrawn unlike similar indicators. Shows correlation between two selected instruments in percent for a predetermined period, and the positions of the instruments relative to each other. Has a function for reverse display of any of the analyzed symbols - for instruments with negative correlation. Can be drawn as a line or as a histogram. Settings: Symb1 - first symbol name. Revers1 - reverse displa
Gap Trader Expert Advisor exploits one of the most common phenomena of the Forex market namely the weekend gap, a price difference between the last Friday’s closing price and the coming Monday’s opening one. This price jump is due to the fact that the interbank currency market continues to react on fundamental news during the weekend, opening on Monday at the most liquid level. Weekend Gaps are consistently been filled by the market and therefore fanatically traded by Forex expert traders.
Description Fibo Levels is a color multicurrency/multi-symbol indicator that automatically plots Fibonacci levels on a Heiken Ashi chart in a separate window below the chart of the main financial instrument. It can be used with any broker, regardless of the name of a financial instrument used because the symbol name must be entered manually as an input parameter. If you enter a non-existent or invalid name of a financial instrument, you will receive an error message saying that the specified
Description Fibo Levels is a color multicurrency/multi-symbol indicator that automatically plots Fibonacci levels on a candlestick chart in a separate window below the chart of the main financial instrument. It can be used with any broker, regardless of the name of a financial instrument used because the symbol name must be entered manually as an input parameter. If you enter a non-existent or invalid name of a financial instrument, you will receive an error message saying that the specified
If you are a correlation hedge trader, then this tool is invaluable. The indicator draws the divergence/convergence of correlated pairs in a subwindow in possible pips relative to the main symbol chart. The indicator uses a proprietary scaling and positioning algorithm based on fixed start and end dates for calibration of divergence spacing and also provides equilibrium lot sizes for both pairs. The indicator visually presents opportunities for currency hedge traders if you know how to use it.
Best currency pair: EURUSD. The input parameters are optimized for EURUSD H4. Working at: ECN / STP / DMA and Market Maker. Working at: 4 and 5 digits brokers. Parameters: Lots - initial lot. StopLoss - stop loss. TakeProfit - take profit. Breakevengain - automatic calculation of the value placing additional order. Breakeven - current profit in pips, at which the position is moved to breakeven. If Breakeven is equal to zero, this function does not work (recommended for initial testing)
Imagine the power of MetaTrader 5 in your MetaTrader 4 account Now you can do that with CloneIt4 and CloneIt5. CloneIt4 will copy the great trades you perform in your MetaTrader 5 account to your MetaTrader 4 account. CloneIt4 is a simple Expert Adviser (EA) that is attached to a chart in MetaTrader 4. When a trade is opened, modified or closed in MetaTrader 5, CloneIt5 sends the information instantly to CloneIt4 (EA) in your MetaTrader 4 account to replicate the same trade for that symbol. Y
Introduction Heiken Ashi Naive is a MetaTrader Expert Advisor based on Heiken Ashi charting system through the platform's standard indicator by the same name. The employed trading system is naive in a way that it interprets only two latest Heiken Ashi candles and does not apply any complex pattern analysis. The only trick is that the Expert Advisor trades against the supposed trend direction, confirmed by current Heiken Ashi setup. Its biggest advantage is that it has no input parameters to opt
An indicator of patterns #45 and #46 (Three Falling Peaks and Three Rising Valleys) from Encyclopedia of Chart Patterns by Thomas N. Bulkowski. Parameters: Alerts - show alert when an arrow appears Push - send a push notification when an arrow appears (requires configuration in the terminal) PeriodBars - indicator period K - an additional parameter that influences the accuracy of pattern shape recognition. The smaller the value is, the smoother the row of peaks/valleys should be, so few
Trader AC works using the combination of Bill Williams' indicators. The Expert Advisor trades exclusively gold using Н4 timeframe. I recommend that you use a VPS server for stable operation. The trading robot has the minimum set of customizable parameters greatly simplifying the work. I use default settings on my real account (Alpari). If you use several Expert Advisors simultaneously, it would be better to decrease the risk to 0.5% of the deposit per deal (Progressive_Lot = 0.5). I also strongl
Broker Scalp Trade strategy is one of the most popular fundamental Forex trading strategies. It is used not only by the common retail traders but also by the big hedge funds. The main principle of the carry trade strategies is to buy currency with a high interest rate and sell one with a low interest rate. Such setup offers profit not only from the currency pair's fluctuations but also from the interest rate difference (overnight interest rate). This strategy should only be applied under the nor
KLEO CHANNEL SET consists of two channels. The first one is a modernized Price Channel (a channel drawn based on price Highs and Lows for a selected period), where you can shift the upper and lower levels, select the minimum and maximum price ranges and indicate breakthrough moments. The second one is a channel with fixed levels drawn relative to the open price of a specified hour, which allows indicating your work time. 1 Indicator Inputs Parameters of UPDATING PRICE CHANNEL
Do you trade Supply and Demand like Sam Seiden? Have you used automatic means such as indicators to try and find the zones and draw them for you? They don't work too well, so you need to use the horizontal lines and draw them yourself. That's time consuming. This tool is what you need. You drag the script onto the chart and it draws the level. Drop it at the top of the level and it draws lines from where you dropped it, all the way to the right side of the chart. It even colours the lines for
This scalper EA must be used in low spread pairs like EURUSD, GBPUSD and USDJPY. The time frame to run this EA is H1. This EA opens single trade at a time with take profit and stop loss. It also has trailing stop loss. It has one input parameter - Lot=0.01. EA can be run in a $50 account with 0.01 lots. Everybody can monitor the real account of this EA using the link https://www.mql5.com/en/signals/27985.
Trade Strategy: The Trade Strategy is based on the fact that a rollback comes after "a strong" movement. Indicators are not used, only price is analyzed. Input parameters (eMovement, eRecoil, eTakeProfit, eNextTrade, eRiskMove) are specified for 4-digit quotes. If the Expert Advisor operates on pair which has 3- or 5-digit quotes, the Expert Advisor will multiply that values by 10 itself. The Expert Advisor places pending orders by averaging the price if the movement is against us.
AUD (Australian Dollar) currency bar chart (HLC) in a separate window with Long and short term regression channel to easily detect the strength or the weakness of the currency. For AUDUSD: it is very easy to see the direction of the pair, if used in conjunction with US Dollar and VSA volume indicators. For GBPAUD: it is very easy to see the direction of the pair, if used in conjunction with GBP and VSA volume indicators. For EURAUD: it is very easy to see the direction of the pair, if used
NZD (New Zealand Dollar) currency bar chart (HLC) in a separate window with Long and short term regression channel to easily detect the strength or the weakness of the currency. For NZDUSD: it is very easy to see the direction of the pair, if used in conjunction with US Dollar and VSA volume indicators. For GBPNZD: it is very easy to see the direction of the pair, if used in conjunction with GBP and VSA volume indicators. For EURNZD: it is very easy to see the direction of the pair, if used i
RSI TrendLine Divergency Message is an indicator for the MetaTrader 4 trading platform. Unlike the original indicator, this three in one version has a system of alerts that inform on market situation changes. It consists of the following signals: when the Main line crosses the levels of extreme zones and 50% level; when the Main line crosses the Trend line in the indicator window; divergence on the last bar.Parameters of levels of extremum, 50-level and divergence are adjustable. Parameter
Opposition 2.7 is a multi-currency "Set and Forget" Expert Advisor. The only thing you need to do is to increase the lot size every now and then as the deposit grows. The Expert Advisor places orders for multiple currency pairs at the same time in accordance with the set unique algorithm. Orders are closed when a certain profit level is reached. The Expert Advisor allows for averaging. The total number of orders must not be more than 8. The Expert Advisor is intended to be used for МetaТrader
The indicator calculates support and resistance lines. Signals are displayed as dots that take on extremum values of control bars. This allows to keep the price chart free of unnecessary objects. The indicator is easy to set and use. It demonstrates perfect performance on all charts, regardless of the time frame value and the number of decimal places in the price. It is a non-lagging and non-redrawable indicator. The program provides for the possibility of using sound alerts.
Unlike the standard indicator, Stochastic Oscillator Message (please see the description and video) features an alert system that informs you of changes in the market situation using twenty signals: the Main line and Signal line cross in the area above/below the levels of extremum (below 20%; above 80%); the Main line and Signal line cross within the range of 20% to 80%; the Main line crosses the levels of extremum; the Main line crosses the 50-level; divergence on the last bar.Parameter
Important: the lot of 0.01 per every $50 000 (SizeLot parameter). During the test, change the minimum lot from 0.1 to 0.01 to control MoneyManagment. During the test, change P_PercentFreeMarginLot from '10' to '0'. Official support: http://silvestor.biz/?page_id=1141 The official SMG_s2 page: http://silvestor.biz/?page_id=1137 Requirements for Brokers Account type - CENT (better NDD) Leverage - 1:400 and more Minimum lot - 0.01 Lot step - 0.01 Maximum lot - 100 and more Number of o
Do you know how frequent the ticks beating? "Ticks Thermometer" can help you! It is useful to find out which symbol is more active. Put it to each chart which you are watching. The color indicator from left to right corresponding green to red. Green block means "cool" since the tick is quiet, and red block means "hot" since the ticks is voilent.
This Indicator works on almost all currencies: USD, EUR, GBP, AUD, NZD, JPY, CHF and CAD. The line will indicate the currencies oversold or overbought and need to find the pivot area. Open a Buy position when the line is on the bottom. Open a Sell position when the line is on the top.Simple as that. Best matches with my Katong indicator.
A fully automatic, version 2 of EURUSD Automatic Robot based on below indicators: Elliott Wave Oscillator Arrows (iEWO). Moving Averages (iMA). Parabolic Stop And Reverse (iSAR). Application: This robot is specially fine-tuned for trading only the EURUSD pair on MT4 trading terminal with any Forex Broker in the world. Signal Filtration Modes: iEWO signals are filtered through H4 and H1 time frames. iMA signals are filtered through H4 and H1 time frames. iSAR signals are filtered th
Hello everyone, I'm glad to present to you the new EA EZeurodoll from the Lexa Dev. team. This Expert is specially designed to take advantage on the EURUSD global situation. Let me explain: EURUSD is over manipulated by the U.S. Federal Bank and by the European Central Bank. They both want the EURUSD to stay between 1.20 and 1.50 most of the time, you couldn't argue with that. If I told you the EA EZeurodoll will never loose money unless we reach 1.00 or 1.65, pretty safe right? And with th
This Expert Advisor helps checking the connection of your trade accounts and it generates a report as a CSV file. Disconnections can be caused by trade server or by client terminal. Many users run their trading EAs on VPS, and the trade result could be affected by rate of connection. This product helps users to easily estimate the quality of connection to their trade accounts.
After a strong price movement in one direction, an order is opened into the opposite direction. No martingale, no grid, no more than one order is opened, always with StopLoss - profitable and safe. The EA uses Vola Alarm indicator for its strategy in GBPUSD. When a M5 bar closes and exceeds the set 240% of the average price movement, an order is opened in the opposite direction. In few cases, an order is opened into the same direction as extra function that can be disabled. Two moving averages
This is a MetaTrader 4 version of Auto SL Placer. It helps scalper to place his manual orders faster so he can repeat his orders without worrying about making a mistake when calculating Stop Loss. And change the SL, when profit has reached the specified conditions. Like Trailing Stop. Example: The price has a strong movement and breaks the upper Fractals at M5 chart. You want to open a long position to get small pips profits (scalping). At this stage, you will feel confused about placing
The Wolf Of Wall Street is the first Neural and the most advanced, intelligent self-updating forex robot. The robot automatically adapts to the current market condition. Forex robot opens positions 24/5 with no time limits. The robot is an entirely automatic forex system developed by team of professional full-time traders.Options: change LAF to 0.01, change size of lot.
What is TradeBooster? TradeBooster is a tool that allows you to speed up sending multiple trade orders to the trade server. You will be able to send trade requests using all trade contexts of the terminal, thus reducing the sending time by several (up to 8) times. This may not be vital if you only hold open one or two positions. But you will immediately see the difference in speed if you, for example, decide to delete 50 pending orders placed by a grid Expert Advisor or close 25 positions.
Weekly Breakout Forex Expert Advisor trades in the direction of a breakout from a previous week's range. It uses the Low of the previous week as the stop loss for its buy orders, and it uses High of the previous week as the stop loss level for its sell orders. If the new week starts within the previous week's trading range, the EA uses two pending stop orders to implement its strategy. They will expire at the end of the week if not triggered. If the week starts outside the previous week's range
This EA is intended to help traders manage all their orders. Specify targets for the EA to close orders: max_profit max_lossOr use a deadline time by time_close parameter. If traders just want to manage one order, they can use ticket parameter to specify that order for the EA to manage. If traders want to manage many orders with the same symbol, they can assign ticket=0 and use symbol parameter to specify that orders. Example: if a trader assigns symbol=GBPUSD, then the EA will scan all
This Expert Advisor is not a grail. Stability is the main advantage of this EA. Currency pair - AUDNZD, timeframe - M15. The recommended minimum deposit is 2000 with the minimum lot 0.01, i.e. with MM_UseMoneyManagement - TRUE. The recommended leverage is 1:500 or more, but 1:100 can also be used. Settings: when MM_UseMoneyManagement - TRUE, lot 0.01 is used with deposit below 4000, lot 0.02 is used for 4000 and more, lot 0.03 is used starting from 6000, etc. when MM_UseMoneyManagement
GBP currency bar chart (HLC) in a separate window with Long and short term regression channel to easily detect the strength or the weakness of the currency. For GBPUSD: it is very easy to see the direction of the pair, if used in conjunction with US Dollar and VSA volume indicators. For EURGBP: it is very easy to see the direction of the pair, if used in conjunction with EURO and VSA volume indicators. For GBPJPY: it is very easy to see the direction of the pair, if used in conjunction with
CAD (CANADIEN DOLLAR) currency bar chart (HLC) in a separate window with Long and short term regression channel to easily detect the strength or the weakness of the currency. For USDCAD: it is very easy to see the direction of the pair, if used in conjunction with US Dollar and VSA volume indicators. For EURCAD: it is very easy to see the direction of the pair, if used in conjunction with EURO and VSA volume indicators. For GBPCAD: it is very easy to see the direction of the pair, if used i
LP Humanoid EA is for EURUSD pair. Best time frame: H1. Working at 4 and 5 digits brokerage. The input parameters are optimized for EURUSD H1. This is a scalping system for short positions. To use automatic take profit, set Auto_TakeProfit to "TRUE" and TakeProfit_in_pips to "FALSE". If you do not want to use automatic take profit, set Auto_TakeProfit to "FALSE" and TakeProfit_in_pips to "TRUE". Parameters: MagicNumber - for identification of orders, 10001. Lots - initial lot. StopLos
SanSap is a scalper system. This Expert Advisor works on all currency pairs with brokers offering quotes with 5 decimal places for the currencies without JPY (for example, EURUSD=1.36563) and 3 decimal places for the currencies containing JPY (for example, USDJPY=102.305). The minimum lot set by a broker should be 0.01 with the step of 0.01. The currency pair should have spread<0.00040(40). The trading is performed on M1. SanSap Parameters: Lots - lot, 0.01 on default; MoneyManagement - i
This product is Moving Average Convergence/Divergence Histogram with zero lag. Unlike standard MACD Histogram, MACDHistZL provides signals several bars earlier, while convergences/divergences can be seen more clearly. Green bars indicate that the distance between the fast and slow lines is increasing, while red ones indicate that the distance is decreasing. A bit of theory: Most commonly, the indicator is used to detect trading signals during trendless market periods - when the price is stabi
The Symbol specification indicator shows information about the specification of the contract for the symbol of a currently open chart in a convenient form. The data is shown in a separate window below the chart and contains the following information: Spread size. If the spread is too large, the pair should be hidden from the Market Watch and it should not be traded. SWAP for long and short positions. So the indicator informs a trader about possible additional expenses and profits connected w
Accelerator Oscillator is the most sensitive indicator of all histogram indicators described by Bill Williams in his book "New Trading Dimensions". This modified version of the indicator determines and marks the following trading signals on the Accelerator Oscillator histogram: A Иuy signal when the indicator histogram is below the zero line. A Sell signal when the indicator histogram is below the zero line. A sell signal when the indicator histogram is above the zero line. A Buy signal wh
Multi options is a multifunctional Expert Advisor for trading binary options on the basis of the MetaTrader 4 trading platform. The EA trades at all time periods from 4 minutes to MN and any currency. It has two modes - automatic and semiautomatic. Five built-in indicators: 2 stochastics 2 MAs ParabolicIndicator parameters can be changed in the EA menu. You can connect either a single indicator, or all at once and in pairs. It offers two kinds of ММ of Martingale type. If the first type is
This indicator automatically draws trend lines using ZigZag extreme top and bottom points. The indicator constantly updates the trend lines on the chart as the market progresses. The indicator will work on any type of account, account #, or chart. All settings are adjustable. Settings: Delete_Lines - If true, the indicator will delete old trend lines as new ZZ extreme points form. If false, old trend lines will not be deleted. Num_ZZ_Extremes - The number of past ZZ extreme points that will
The Expert Advisor calculates the width of the trading range for the last day and evaluates the price movements (pulses) on short time intervals. If the value of a pulse exceeds a specified percentage of the trading range, it opens a position in the direction of the pulse. Pulses are also filtered using a special algorithm. The algorithm uses explicit control of bars - trading is performed on the formed bars only. This protects the test results from errors in the tick history and incre
JPY (Japanese Yen) currency bar chart (HLC) in a separate window with Long and short term regression channel to easily detect the strength or the weakness of the currency. For USDJPY: it is very easy to see the direction of the pair, if used in conjunction with US Dollar and VSA volume indicators. For EURJPY: it is very easy to see the direction of the pair, if used in conjunction with EURO and VSA volume indicators. For GBPJPY: it is very easy to see the direction of the pair, if used in c
CHF (Swiss Franc) currency bar chart (HLC) in a separate window with Long and short term regression channel to easily detect the strength or the weakness of the currency. For USDCHF: it is very easy to see the direction of the pair, if used in conjunction with US Dollar and VSA volume indicators. For EURCHF: it is very easy to see the direction of the pair, if used in conjunction with EURO and VSA volume indicators. For GBPCHF: it is very easy to see the direction of the pair, if used in co
This is a non-indicator trading robot. The trading is performed inside the channel. Trading by time is provided in the Expert Advisor's settings. For example, you can trade only during Asian and American sessions. The product contains protection against an increased spread, which can expand during a rollover and news releases. Also, there is a protection against reducing the leverage on Friday. The Expert Advisor is set for AUDNZD M15. WidthFactor - channel expansion ratio. 0.7 on def
Vola Alarm shows how much the current price of a bar moved since its opening in % of average price movement. If the adjusted level is exceeded, the alarm is triggered. It is very helpful to know: 'In which pair is movement?' The product is interesting for strategies like: 'Open order in opposite direction' or 'Follow strong movement'. The indicator is applicable in every period. A comment in the chart window shows the average of Highs - Lows in points of last x bars. Next it shows Bid - Open
The Time Session indicator offers a unique opportunity to mark the required time intervals on a trading chart. It will be useful for those who trade at certain hours and get confused when deciding whether or not it is time to start trading. The Time Session indicator will also be handy in backtesting, allowing you to monitor the chart behavior over the specified time period. Settings: StartTimeSession - Session start time. EndTimeSession - Session end time. CountBars - Number of bars bas
The Ranger Expert Advisor (EA) calculates a channel and matches this to price action to enter the trade. It allows you to adjust the channels based on your own style and market conditions. However, the base settings have shown full success since the beginning of 2011 and based on large stop losses for GBPUSD on H1. You can trade this EA with 0.01 lots on a $100 account with the base settings on GBPUSD H1. About us, large stop losses and past performance We're a small group of like-mi
Does not support openning multiple orders on a single symbol on MT5 MultiMTCopier MT4Receiver v2 - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 4 terminal, copying will be performed in this terminal. MultiMTCopier v2: The EA will copy all positions without delays Additionally integrated notification in situations requir
Does not support openning multiple orders on a single symbol on MT5 MultiMTCopier MT4Source - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 4 terminal, from which the positions will be copied. MultiMTCopier: The EA will copy all positions without delays Additionally integrated notification in situations requiring user at
This is a grid-based Expert Advisor that is designed for flat and channel trading. It does not like strong pullbackless movements as it might need a solid deposit to make it through. BUT it all depends on your greed. Minimal initial lots and reasonable distance between orders will enable you to make it through the strongest of movements. Movements with no pullbacks will not last forever, which means that there is always a profitable way out of any market situation. The greater the risk, the big
KLEO CONSO МТ4 is a consolidation channel. This indicator is not just a tool for visual analysis. It contains a complete solution that can form the basis of the trading system. The indicator allows users to quickly test the system parameters, trade manually or use it as part of an Expert Advisor. The indicator works on various currency pairs and time frames. The indicator: looks for price consolidation periods and draws the Consolidation channel. The levels of the channels serve as landmark
The indicator draws trend lines based on Thomas Demark algorithm. It draws lines from different timeframes on one chart. The timeframes can be higher than or equal to the timeframe of the chart, on which the indicator is used. The indicator considers breakthrough qualifiers (if the conditions are met, an additional symbol appears in the place of the breakthrough) and draws approximate targets (target line above/below the current prices) according to Demark algorithm. Recommended timeframes
The idea of trailing is that when volumes grow, the market volatility also grows, and to ride out these price fluctuations the trailing is disabled for some time. Once the volume falls below a certain level, trailing is enabled again. This can be useful if you trade on news. The standard Volumes indicator is used for determining volumes. Input Parameters TVolumes - if True, trailing is used VolumesLevel - the maximum volume level (with smaller volume trailing is used) VolumesBar - the b
The currencies strength indicator shows the actual strength of a currency based on the strength analysis. The major currencies included are USD, EUR, GBP, JPY, CHF, AUD, NZD and CAD. Every currency's strength is indicated with a line in a separate window as well as the strength is displayed in the corner of the chart for each currency, represented by separate colors. The adjustable input variables provided are listed below: SymbolPostfix: This variable enables the user to enter postfix ch
The indicator provides a quick graphical dashboard to let a trader take a quick decision as to which currency pairs are currently trended and to be traded. All 8 major base pairs are continuously plotted, USD, EUR, GBP, JPY, AUD, NZD, CAD and CHF. These are plotted using USD as a baseline - for ease of viewing. The indicator is non-redrawable and works in all time frames and values keep continuously updated without having to refresh the chart. Fx Correlation Indicator helps trader to se
The indicator provides a quick graphical dashboard to let a trader take quick decision as to which currency pairs are currently trended and to be traded. All 8 major base pairs are continuously plotted, USD, EUR, GBP, JPY, AUD, NZD, CAD and CHF. These are plotted using USD as a baseline - for ease of viewing. Fx Pro Correlation Indicator has an added advantage to change Baseline currency chosen by trader from any of the 8 major pairs. Indicator is non-redrawable and works in all time frames