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Description The indicator determines the appearance of internal bars on the chart, and paints them in accordance with the bullish and/or bearish mood. The indicator is different from Inside Bar in the same way as Tendency Reversal Bars is different from Reversal Bars. In other words, the indicator defines the appearance of internal bars during a bullish or bearish trend rather than defining their single appearance. The indicator can notify of the appearance of a formed internal bar by playing
The indicator defines the market status. If the price is below any of the two histograms and two lines (red and blue), this is the sell zone. If the price is above any of the two histograms and two lines (red and blue), this is the buy zone. If the price is between the two lines or within the borders of any of the two histograms, the market is flat. See the screenshots for better understanding.
This is a low-risk EA working with EURUSD, USDCHF, EURCHF, EURGBP, GBPUSD, USDJPY and EURJPY. You can not use other currencies. There is a special Pipvalue and TakeProfit setting for each currency pair. It opens sell orders at the highest price and buy ones at the lowest price. The product opens 10-20 orders a month on the average. This EA uses MACD, Ichimoku and DeMarker indicators. I do not share a lot of screenshots. Download the demo and see your own results. Please use only H1 timefra
The Expert Advisor sets the order grid. The orders are generated in both directions with a step that you can specify in trading robot's settings. The number of rollback and trend orders can also be defined manually. As soon as the total profit reaches the value specified in the parameters, all orders are closed, while unactivated ones are removed. The orders are re-opened right after closing. The lot is calculated automatically in the amount of 2-3% of the deposit. Also, the Expert Advisor cons
MT4 Intraday Trade Manager script is a standalone, fast executing MT4 script which allows you to easily manage your trade orders such as Market Buy or Market Sell orders, Buy or Sell Stop orders, modify your Stop Loss and Profit Target level, cover your positions with Stop Loss to Break Even point, use Trailing Stop Loss, etc. Also, it features very sophisticated yet easy-to-use and accurate Money Management which allows you to use tailored Money Management method best matching to your trading
This is a simple and reliable indicator that can be used as an additional filter in your trading system. Also, you can create a new trading system based on the product. The indicator is capable of detecting the rise and fall of the market on the selected number of candles (adjustable parameter). Several indicators with different parameters can be applied to a single chart. COMMENT function has also been provided for more convenience allowing you to leave a comment at the line's end. Added new
The Level Moving Averages Message indicator (see the description and video) does not draw the Moving Average line in the chart window but marks the Moving Average level on all time frames in accordance with the specified parameters. The level move frequency corresponds to the TimeFrame parameter value specified. The advantage of this indicator lies in the fact that it offers the possibility of monitoring the interaction between the price and the MA of a higher time frame on a lower one (e.g., th
The Expert Advisor will be useful for traders using order grid! The product displays the following data: Point price for a specified lot; Swaps (buy/sell); Spread; Margin required to open a specified lot; Stop Out level; Minimum/maximum lot; Amount of open lots and the necessary margin; Target values of open and limit/stop orders; Break-even point considering all market orders. Expert Advisor's functionality: Modifying take profit for all open orders at once (BUY and SELL orders a
This indicator will help you merge two (or more than two) charts to view multi-symbols in just 1 chart (see the screenshots). You can choose any symbols to add with any timeframe you want. You can choose bull/bear color for bars. You can mirror the chart that will be added. If you want to add many charts, just run the indicator many times with each symbol and each timeframe.
This is a low-risk EA working only with EURUSD. You can buy the EA versions for other currencies. It uses a little Martin, there is max 0.64 lot for 5 000 USD account. It opens sell orders at the highest price and buy ones at the lowest price. The product opens 10-20 orders for a month on the average. This EA uses MACD, Ichimoku and DeMarker indicators. I do not share a lot of screenshots. Download the demo and see your own results. Please use only H1 timeframe. Your MetaTrader broker mu
This is an extended version of OsMA that uses 4 colors (rise, fall above 0; rise, fall below 0). You can use 21 variations of the moving average for each of the straight lines uses, as well as for smoothing the total variance, and 11 price options for "fast" and "slow" MAs. Moving Average types: Simple Moving Average, Exponential Moving Average, Wilder Exponential Moving Average, Linear Weighted Moving Average, Sine Weighted Moving Average, Triangular Moving Average, Least Square Moving Average
This Expert Advisor checks the Price before Start_Hour (input parameter) and opens Buy or Sell position if the conditions are right. You have PipsLevelOpen and PipsLevelClose input parameters to optimize the EA for each and every currency pair and timeframe. You can switch TrailingStop off by setting this input parameters to 0 (zero). If UseMM (input parameter) = true, then Money Management system will be switched on with PercentMM (input parameter) as a percent from Account Free Margin.
Description Impulse Pro is an impulse system based on two indicators - Moving Average and MACD-Histogram. The impulse system was first designed by A. Elder and is featured in his book "Come Into My Trading Room: A Complete Guide to Trading". The system is based on the Moving Average and MACD-Histogram. This product is distinct in that it allows the user to choose the system calculation method (Moving Average and MACD-Histogram) based on a single, double or triple moving average. There is pos
The Expert Advisor balances the orders reducing a drawdown and fixing profit on trend reversals in any directions during high volatility. The EA may trade both in mono and multi-currency modes. To do this, attach the EA to the window of another symbol changing MagicNumber and enter other inputs for the new symbol (for example, if you opened GBPUSD with MagicNumber = 8875932, set MagicNumber = 8875933 for another window, for example EURCAD, etc.). Expert BuySellProf operation signals on demo an
The AbarkCrossover Expert Advisor (EA) enters a trade based on (i) the crossing over of two exponential moving averages and (ii) a pre-defined price action condition. It can be used on GBPCHF, GBPUSD and EURUSD as well as other pairs; using 0.01 lots per pair on a $200 account and up to three pairs at the same time. See below for recommended settings. The H1 timeframe has been the most successful over the past few years. * GBPCHF successfully back tests for more than 50 pips since January 2
The original Ilan EA for MetaTrader 4 This is the original Ilan EA for the MetaTrader 4 trading terminal. The strategy needs no advertising as it is well known even to novice traders. The product version for MetaTrader 5 is available in the corresponding Market section. Settings of the Expert Advisor The Expert Advisor can easily be set, while allowing you to adjust any important parameters of the strategy. Available Features: Unique MagicNumber for identification of trades; Trade direc
Description Impulse Pro is an indicator's impulse trading system based on Moving Average and MACD Line. The idea of the impulse system based on Moving Average and MACD Histogram was first offered by Dr. Alexander Elder in his book "Come Into My Trading Room". The system allows users to choose the calculation method (Moving Average and MACD Line) based on a single, double or triple moving average. You can color bullish and bearish moods. Inputs Calc_Method - Moving Average and MACD Line c
MT4 Lite Trade Manager script is a fast executing MT4 script which allows you to easily manage your trade orders such as Market Buy or Market Sell orders, Buy or Sell Stop orders, modify your Stop Loss and Profit Target level. Also, it features very sophisticated yet easy-to-use and accurate Money Management which allows you to use tailored Money Management method best matching to your trading style or to your trading strategy. Briefly, it is a handy trading tool that adds extra features to Me
The indicator enhances the potential of standard fractals and allows you to identify, display and use them, calculating them for any odd length, i.e. 3,5,7,9 bars and so on. The number of bars to be used is set in the 'Left fractal bars count' variable (by default set to 2). Its value determines the number of bars on one side, not including the central one, i.e. for a standard fractal of 5 bars it is equal to 2 (2 bars * 2 sides + 1 central bar = 5 bars for a fractal search and identification).
The AbarkSAR Expert Advisor (EA) opens a position based on the Parabolic SAR and some price action and keeps it open until an opposite signal appears. When this happens, it modifies the take profit based on the ModifyTP setting. Once that takes profit, it opens the opposite trade when the price action calculation is aligned. Take Profit amount depends on how far the market has moved when the opposite signal appears but is never set in draw down. This has shown full success on EURUSD Daily, AU
CORE369 allows you to overcome the wave of market price movements usually occurring after strong trends when prices move sideways and then continue their advancement in the trend direction. While trading, we never know exactly where the price will move. Will it trend or move sideways? CORE369 tracks the price movement. The Expert Advisor chooses the right time to enter and exit the market every hour. Entry signal uses PIVOT indication in 4 Hours to Swing Trade at every hour. Overbought an
Automatic channel is a channel indicator with automatic calculation of the channel height. The channel width is calculated so that around 92 percent of bars are inside the channel. Thus, extreme price overshoots are left outside of the channel. Automatic channel does not repaint its readings. The indicator has the following settings: Period – averaging period.Shift – shift of the indicator lines relative to the chart beginning.Amount of bars for calculation of channel – amount of bars for cal
Forex Range is a classic trend Expert Advisor that can be used on any symbol. The trading robot provides the accurate and highly customizable channel detection algorithm. Forex Range means continuous efforts towards advanced safety, improved trading results, more efficient frequency of trades and adaptability to the market. Forex Range is not just thousands lines of code but the implementation of ideas, knowledge and experience. Forex Range is more than 400 hours of testing in real market c
Equidistant price and time levels. Operating Principles: At the first run, the indicator marks the lines but does not update them thereafter. In order to update the marking, you need to move the green button to any place on the chart. The button is displayed in the bottom right corner of the screen. After moving the button, the indicator will update the marking and switch to passive monitoring mode. Similarly, the marking will not be updated even when you change the time frame until the indi
Do you need screenshot of transactions to the Trading Diary? Was huge spread added when the order was opened or closed? How does my Expert Advisor exactly work? What happened at the moment when order was modified? Features: The indicator takes a screenshot every time an order is opened, closed or modified by you or your EA and saves it in the appropriate currency pair folder under the file name = date + time with seconds + day of week + currency symbol + time frame. Current size
The indicator calculates the average of bullish and bearish bars at the specified bar period and displays the difference of their values. In the indicator parameters, we specify two bar periods, Fast and Slow. Using the obtained results, we can estimate the trend direction and its speed at the Fast and Slow period.
This indicator can show you all large and small trends on all time frames in a single window. You can choose which time frame to display (for example: you add it 3 times on the chart , first on TF=15; second on TF=30; and third on TF=60. So, you can see trends in 3 windows corresponding to the 3 time frames you have chosen). Red strip indicates a downtrend period (the first red point indicates the beginning of the downtrend). Blue strip indicates an uptrend period (uptrend starts at the first
This indicator does exactly what its name is telling you. It shows where the trend begins, where it ends and where there is no trend at all. It's based on standard MetaTrader ADX (Average Direction Movement Index) indicators and works quite fast. Trend Indicators displays itself in the main chart window. Available for MetaTrader 4 and MetaTrader 5 platforms. Input parameters period (default = 5) — period of the ADX indicator. Warning You should be warned that this indicator redraws the cur
The Four Moving Averages Message indicator (please see the description and video), a version of Four Moving Averages, concurrently displays four Moving Averages with default settings in the main chart window: Green and Red ones represent a short-term trend, Red and Blue ones - mid-term trend, while Blue and Yellow ones - long-term trend. You can change the moving average settings and colors. However, these parameters have been configured so that to allow trading on all time frames. The built-in
Description Fibo Levels is a color multicurrency/multi-symbol indicator that automatically plots Fibonacci levels on any of the following six standard indicators (AD, OBV, MA, Momentum, ATR and StdDev) 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 instrum
Get this multi-currency indicator-based Expert Advisor with protection against losses and built-in MM for $99 only! Undeniable Advantages of the Trading System: New reduced price! Only $99! Market entry using unique highly-accurate indicators built in the code of the Expert Advisor (90% of trades are closed with a single order).Exit by total profit.Protection from deposit wipe-out. The EA stops trading at a certain drawdown level specified in percent of deposit or deposit currency.Built-in
Volli is a unique indicator that shows the price velocity, the accumulation, increase and decrease of volumes. The indicator also utilizes OBV (On Balance Volume), which is implemented by means of applying it to the volume chart. Support and resistance zones are built based on the unique DVZ (Dynamic Volume Zone) method. When you purchase the product, please send a personal message to me. I will give you a manual, a book on price action and two more indicator versions (light+cluster, futures
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 an overlay of any currency on the chart while using a proprietary scaling and positioning algorithm based on fixed start and end dates for calibration. The indicator visually presents opportunities for currency hedge traders if you know how to use it. The product is based purely on price with no filters for the fastest price action with no lag and optimal performance.
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
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
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