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The trade strategy is based on five moving averages. To determine the trend, it uses five exponentially smoothed moving averages: EMA1 ,EMA2, EMA3 ,EMA4, EMA5. Trade Signals Buy signal: EMA1 > EMA2 > EMA3 > EMA4 > EMA5 and Current tick <= EMA1 ( for better entry) Sell signal: EMA1 < EMA2 < EMA3 < EMA4 < EMA5 and Current tick >= EMA1 ( for better entry) Input Parameters EMA_1 = 13; (shortest period of EMA) EMA_2 = 20; EMA_3 = 50; EMA_4 = 100; EMA_5 = 200; (largest perio
The indicator displays arbitrary fractals and support/resistance levels based on these fractals. It will help you to see the market situation clearlier and implement strategies on breakthrough or rollbacks. Flexible configuration and intelligent choice of levels simplify the analysis of price movements and facilitate the construction of graphic shapes. Indicator Parameters FRACTAL PROPERTIES BARS_BEFORE — number of bars before the extremum, i.e. to the left of the fractal's central candl
This tool trades pending orders. Just specify time of the next piece of news. Input Parameters News(Time) — time of news release. Lots — lot to place pending orders. TakeProfit — take profit in points. Stoploss — stop loss in points. Distance — distance from the current price where pending orders will be placed. Seconds(Open) — time in seconds before news release. Orders are opened. Seconds(Close) — time in seconds after news release. Orders are closed. Trailing_Start
Lot Risk Calculator is a panel for order size calculation according to stop loss and allowed risk per trade. The calculation is performed for the symbol the indicator is launched at. You can set risk and stop loss manually in the panel. The stop loss is set considering 4 or 5 digits, for example, 20 - 4-digit, 200 - 5-digit. After editing each parameter, press Enter to confirm. To calculate a lot, click Calculate. The result appears below the button. Note! Set the panel for all necessary
This indicator is designed for analyzing your positions on 30 financial instruments with the font size of the output information between 8 and 10. If the font size is 11 you will see only 26 instruments and so on: 12-25, 13-24, 14-20. The font size can range from 8 to 14. The main window contains buttons with names of financial instruments and lines where brief information about all open positions is displayed. Two columns show the total volumes in lots of positions in each trading direction:
The ‘Magician of custom objects’ is a utility script tools for MetaTrader 4. After attaching the script to a chart, the custom objects in this chart are cloned to any other opened charts of the same symbol. Now, 11 custom object types are supported, including: Vertical line; Horizontal line; Trend line; Angle line; Gann line; Fibonacci line; Rectangle; Triangle; Arrow; Ellipse; Text.If you need other object types or have any question, write in the Comments section.
This indicator allows to enter the market with optimal prices: from local Highs (resistance) and from local Lows (support). The indicator finds flat level patterns searching the bar which has formed the level and bars which have confirmed the level. In other words, the indicator finds a price level consisting of several candles having highs and lows on one line. Such levels represent natural levels of support and resistance formed after a major participant has entered the market and placed a la
Bollinger band value of approximately 95% when a 2.0 BandsDeviations is within the range of the upper and lower. Because it also applies to all BandsPeriod and periodicity, it will be the value that can be taken if draw a large number of the Bollinger band is to be more limited. The future direction of extension of the upper and lower of the Bollinger band is in the range that can be taken of the values in the future. It you want to know is not to thing of the past, it is useful to draw a futur
Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all
This is another kind of using the Standard Moving Average Indicator and get the output of it on your screen. The Moving Average is rebuilt in a small window for using in the chart window. Following features are available: you can choose the TimeFrame which should be calculated you can choose the Moving Average periods you can choose the average method (Simple, Linear, ... ) you can choose the price method (Open, Close, ... ) you see at the bars if the price is above or below the Moving
This indicator allows you to see the strength of the trend on all timeframes. It can be used for all currency pairs. The indicator can be displayed in the form of a column (from left to right): status buy / sell / strong buy / strong sell, strength of the trend in percentage, pips last candle, body candle now, remaining time, and the timeframe of M1 to MN. Information contained below (from left to right): total trend percent, sell percent, buy percent.
TDI Flat Market Indicator is an oscillator indicator which works in a separate window. It is based on RSI (Relative Strength Index), Trade Signal Method and Market Base Method. It identifies the flat market behavior which helps in determining when to enter the market. The parameters used for indicator calculation are: RSI Period – 13 bars RSI Price – Close price RSI Signal Period – 2 bars RSI Signal Method – Simple Trade Signal Period – 7 bars Trade Signal Method – Simple Market Base P
The SPR of trend indicator does the following: (S) - shows signals, (P) - shows signals potential, (R) - calculates risk/reward.The indicator defines potential price movement. It works by closed candles and does not repaint! The indicator provides a stat block on its own signals. The stats are based on a maximum price movement (after a signal appears on a closed candle) from the Open price to: The price reaching the StopLoss level. In this case, you can use a fixed StopLoss in points o
The Expert Advisor uses its built-in algorithm to analyze sharp market quote fluctuations and set pending orders during backward movements. The minimum amount of settings makes the EA easy to use. No martingale, no hedging. Fixed stop loss. Minimum drawdowns. Parameters Show comment (true/false) - show/hide EA comments (account and order data) Stoploss (default is 50) - optimal value for the symbols having a spread up to 30 pips Fix_Lot - 0.0 (money manager) - if 0, the EA calculates th
The indicator displays the price or the volume chart with second period which is selected by a trader. Only High and Low prices are displayed. You can save data in a text file where time, High, Low and Volume are indicated. Input parameters: show - displaying a price (price) or volume (volume) period - chart period in seconds separation - separating the specified number of periods by a vertical line; the parameter is not applied if its value is less than 2 max_history - maximum number o
Short Term Trader Pro is an EA which is trading the small trends and turnovers on short term (more like scalping). The EA uses some indicators, tick and candlestick data from the chart to establish the signal. Inputs Buy and Sell Options: VolumeRisk - is the risk in percents; the risk is always the set value (default 2.5%) example: if the SL is higher the LOT will be smaller and vice versa. VolumeUpperLimit - is the maximal LOT size; TakeProfitPercentSL - is the TP compared to SL;
The PZ Tick Chart indicator displays a complete tick chart with two optional moving averages, and makes paying attention to sub-m1 price data really easy. Identify price spikes easily The blue line is the ask price The red line is the bid price The indicator doesn't lose tick data when reloaded It implements two optional moving averages The indicator is non-repainting Parameters The only functional parameters are the fast and slow moving averages applied price, mode and period. Author
MACD Indicator draws line and arrow in the main chart window to identify the trade opportunity. The number of bars used for indicator calculation are: FAST EMA PERIOD-12 SLOW EMA PERIOD-26 SIGNAL SMA PERIOD-9MACD Indicator provides the following features: It displays an Up arrow when the upward trend starts , the color, size of Up arrow can be reset and the type of arrow can be changed. It displays a Down arrow when the downward trend starts , the color, size of Down arrow can
PipTick Correlation shows the actual correlation between the selected instruments. The default setting is set to 28 currency pairs, gold and silver, but the indicator can compare any other symbols. Interpretation of the indicator Positive correlation (corellation is above 80 %) Negative correlation (corellation is below -80 %) Weak or no correlation (corellation is between -80 and 80 %) Main features The indicator shows actual correlation between the selected instruments Simple compar
This EA uses the same algorithm as the BBE EA The difference is using the Fibonacci rule to Stoploss and Takeprofit. This EA has also been upgraded with Hidden Stoploss, Hidden Takeprofit and Hidden Trailling Stop. Backtesting has not represented the results as expected, because I used it on 10 to 24 pairs at a time including GOLD (XAU) (see on screenshot). The Expert Advisor works on D1 (Daily chart) and any symbol including GOLD Min deposit is $100 for the leverage 1:500 with lotsize 0.
Oscillator Currency is a system which oscillates, i.e. its values repeatedly reoccur in the course of time. Oscillator Currency is an indicator for technical analysis which describes overbought or oversold of the market. It is good when the market is stable and the price moves within a relatively tight market channel. Oscillator Currency uses the basic chart currency for calculations, i.e. if EURUSD is the chart symbol, the whole history about symbols, where one of current symbols is found (EUR
This is a simple and sustainable Expert Advisor. Works at night. Does not require optimization (for $100 deposit, leverage is 1:100). Trades on any pair. But we recommend using it on EURUSD. Recommended deposit is from 100 USD. Recommended leverage: 1:100. The best results have been demonstrated on H1. Testing results of the product for 2015 are given in corresponding sections. Parameters Magic number Lot size Maximum number of sell orders - maximum value of sell orders Maximum number of
Forex Moola expert advisor is based on Grid pattern trading. It alternately opens Buy & Sell positions, so it doesn't require huge margin amount like martingale/averaging technique. Following are some important points regarding this EA: Time frame must be Minute-5 for this EA. EURUSD is recommended. Distance between successive positions is determined by Fibonacci levels, instead of fixed pips. So it gives better results. This is fully automatic. So you don't need to worry about lots size,
The Inside Outside Bars indicator is drawn in the main window of the chart and displays them in different color with price label displaying on the left of the inside and outside bars. The Inside Outside Bars indicator considers the following parameter: Left Price Label Width -1, Width of the price label displaying price can be reset. Arrow Size – 0, Width of arrow displayed at opening and closing price of every bar can be reset. Outside Bar Color – Blue, It provides the feature of resettin
Trading in the direction of the predominant trend is one of the fundamental trading requirement. That notwithstanding, every trend runs out of strength at some point. At this time, price either makes a temporary retracement or a more permanent change in direction. As it is important to follow the trend, it is much more important to identify areas of likely reversals. This is where the 5TT Candlestick Reversal Indicator supports the trader. 5TT Candle Reversal Indicator displays directly on the
This indicator is meant for Harmonic Traders, it helps them in identifying the formed patterns by analyzing the market past data, looking for Harmonic Patterns. The Patterns that this indicator can detect are: AB=CD Butterfly Gartely Crab BatThe indicator shows the following: The completed pattern, with the critical zone highlighted in Gray box The suggested 3 take profit levels (in green) The Suggested Stop Loss level (in Red)The formed pattern ratios can be checked by h
The indicator is based on the elements of Bill Williams' trading system. Sell signals are formed when MACD and OsMA values are falling simultaneously (Bill Williams calls these indicators АО and АС in his book), while buy signals appear when both indicators are rising. Thick and thin colored histograms match MACD and OsMA values. If the histogram is greater than 0, the indicator value is rising. Otherwise, it is falling. Positions should be opened when the price exceeds the bar's high or low, at
The EA is based on and fully complies with principles described in the article https://www.mql5.com/en/articles/250 , which are put into action in the indicator https://www.mql5.com/ru/code/10339 (in Russian). The EA opens and closes orders according to signals of the stated indicator on any time frame (TF) and gains advantage due to forecasting features of the indicator. Medium-term trading: from intraday trading to trading within several months. Tested on EURUSD. A corresponding trading posi
The EA is designed for trading USDJPY and EURJPY. All trades always have StopLoss and TakeProfit. Does not use grid trading, martingale and hedging. The EA does not have to be optimized and adjusted after you have installed it. You just need to fine tune the risk parameter for your broker depending on your trading style. The EA can be used for trading two pairs on one account. It is even recommended. Maximum number of simultaneously opened orders for both pairs is two. This parameter can be ch
FXrent is a fully adaptable trading system. The applied trading strategy lies in permanent adaptation to price behavior of a symbol. Цру the market is tranquil, the EA trades on the bounce. When the market moves sharply, it trades on breakout. At that the FXrent EA adjusts operation for each symbol independently. It uses only the symbol price, and decision of opening a position is taken basing of this price. Trading strategy is aggressive scalping but with low risk. You can open/close up to
Script Hunting for the Channel Breakout The script is designed for semi-automatic trading. It can place required number of pending SellStop orders with preset StopLoss and TakeProfit levels in one go. The script calculates the channel width using the ZigZag indicator and places a grid of pending SellStop orders according to specified settings. The first pending SellStop order is placed at the specified distance from the channel's borders. This distance is set in parameters as percentage from t
Script Hunting for the Channel Breakout The script is designed for semi-automatic trading. It can place required number of pending BuyStop orders with preset StopLoss and TakeProfit levels in one go. The script calculates the channel width using the ZigZag indicator and places a grid of pending BuyStop orders according to specified settings. The first pending BuyStop order is placed at the specified distance from the channel's borders. This distance is set in parameters as percentage from the
Script Hunting for the Channel Breakout The script is designed for semi-automatic trading. It can place required number of pending BuyStop and SellStop orders with preset StopLoss and TakeProfit levels in one go. The script calculates the channel width using the ZigZag indicator and places a grid of pending BuyStop and SellStop orders according to specified settings. The first pair of pending BuyStop and SellStop orders is placed at the specified distance from the channel's borders. This dista
This is a fully automated multi-currency Expert Advisor. Does not use Martingale and grid trading. Uses stop loss to protect funds. It trades pending orders at acceptable time. Unengaged pending orders are deleted after the EA stops trading. Сделки совершаются по рынку (Market Execution) — Market Execution is applied — take profit and stop loss are placed after the order is executed and modified by the EA's settings. The EA is meant for trading EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZD
This EA trades when a gap between two periods is formed. These gaps are quite common and price tends to fill the space between them. This is a high risk strategy because no stop losses are used, instead the maximum holding period can be specified in the EA's parameters. Parameters: Magic Number: EA's magic number Slippage: slippage. BalanceCSV: Set to "true" and every month the EA will create or update a CSV file that contains the account balance of each month since the EA started (this i
The indicator draws a line, color of which shows the trade direction. It also shows direction and strength of the trend in the upper left window of the screen. The indicator has new logic which makes it significantly different from its analogues. The first thing I would like to mention about the indicator is that it does not repaint its signals. I.e. if the indicator generates an entry signal, this signal will not disappear and you can enter the market without a doubt. The indicator generates
This is a fully automated and self-sufficient Expert Advisor. It can simultaneously trade Long and Short, but we recommend to trade by a trend in both cases. It is designed for trading on the bounce from Moving Average. MA can be adjusted as you wish. Unprofitable positions can be averaged if you believe that the price is going back, or they can be closed in breakeven. You can use dynamic lot, three-level breakeven, trailing stop by MA, simple trailing, trade till closing all positions and close
Turtle Trading Channel Indicator belongs to the category of channel indicator like Bollinger Band. Its upper band is formed by the highest price throughout a period of time, while its lower band is plotted by the lowest price throughout a N period of time. This indicator is named Turtle Trading Channel Indicator is because it is formed by two Turtle Trading Channels, which work like Double Bollinger Band concept. Setting/How to Use/Inputs Properties of the Indicator: Period for Upper Band
The market opening time greatly influences the currency pair, which leads to a rapid movement of the pair. The EA places 2 pending buy and sell orders at a specified time with certain parameters. When the KolBarExtr parameter is set, the orders are placed at the High and Low for the specified amount of bars. Otherwise the orders are placed at the distance specified in the MinDistanceSet parameter. It is possible to configure trailing. Parameters You can adjust following parameters: Type o
This indicator builds so called "random walk" bands: on every bar it finds maximal or average distance between current price and multiple expanding parabolic curves starting at predefined number of bars in the past. If you like Bollinger bands or Envelopes you may find this indicator useful as well. As you may know, price movements are very similar to random walk time series (specifically, Gaussian random walk), yet they do effectively break the hypothesis of randomness. One of the features of
The indicator is a volatillity measure. It implements the equation of the standard deviation of the last N bars. The formula of the equation can be found at https://en.wikipedia.org/?title=Standard_deviation Indicator parameters: Bars Used for the Indicator Calculations - the number of bars used to calculate volatility. Proper values - from 5 to 250. Ability to shift the chart - Ability to shift the chart to the left. Proper values- from 0 to 20. Default value is 0 and corresponds to no sh
The most important thing in my system of forces, is the variation and changing of these forces. It is the key to the whole system, and from this point, my second indicator called FORCES-VARIATION appeares important. The indicator is represented in a separate window in the form of the green histogram and the red curve. The parameter NPIuPeriod represents the number of bars on which we calculate the variation of buyers forces.The parameter NPIdPeriod represents the number of bars on which we calc
Thank you for taking a minute to read about my ROBOSHARK! Very important: Don't put all your capital. Putting 100% of the amount you cannot afford to lose. Who I am? Hello! I'm Oscar, a C# developer with 12 years of experience developing IT systems. I started studying FOREX 2 years ago because I thought it was fun to earn cash using your own cash, analyzing charts and stuff. Bill Gates says he chooses the lazy workers because they find the easiest way to do the job. That's the kind of
GridInChannel is a professional system of trading inside a channel using active visual control panel. The EA places a grid according to the specified parameters. It trades inside the channel which is manually plotted using a trend line.The main concept: while th price is inside the channel and the "start/stop trade" button is pressed, the EA opens an order grid in the direction of the specified channel. Expert Advisor Features: Opening orders within the specified range. The range is set us
Tick Volume Histogram indicator is drawn in the separate window of the chart. It basically displays the number of ticks at the peak of the histogram drawn in the separate window. It provides the feature of displaying the histogram in different fashion: If Plot Line and Show Volume are set to be false, then bar with greater number of ticks is displayed as larger histogram and the bar with lower number of ticks is displayed as smaller histogram. If Plot Line is set to be true and Show Volum
This pair trading robot for any correlated symbols independently determines trade direction and a trading sector. It is insensitive to connection losses and critical price movements. It is attached to a chart of the first symbol (of a pair) on M30. The robot cannot be tested in MT4, as the algorithm involves simultaneous operation on different symbols. Inputs of Octopus Arbitrage: MagicNumber - parameter necessary to ensure operation of several EAs on one account without let or hindrance
Overview: This analyzer helps you to analyze when is the opening hour for the below timezone. Sydney Tokyo London New YorkBy analyzing on the time zone, you will discover some similarities in the market pattern during the opening hours of the market. Settings: Can set the major 4 market opening hours (Sydney, Tokyo, London, New York) according to your server time. Can be used on H1 or smaller timeframe only, where you can see all 4 major market opening hours. Additional Inf
This indicator calculate the correlation coefficient between 2 currency pair over a certain number of candles on any time frame. The result show the "similar level" of the 2 price charts. The calculation can be done on close, low or high price. There are latency sometimes between currency pair. That mean, when a currency pair move, another currency will be on the go. That's time we prepare for the trade.
This indicator will send you alert through MT4 Alert Popup Window, Notification to Mobile and send email (has been set up in Mt4 options) when price reach a horizontal line placed by trader. If you want to know when price reach a price level, just drag this indicator to the chart and simply place a horizontal line at the level you want. You can place as many horizontal lines as you can imagine. You don't need to rename them. Just place them on the chart.
Trailing Orders (Bars) is designed for trailing pending orders by open, close, high, low prices of the bar corresponding to the Time Frame setting. Parameters of the EA: Time Frame - selected time period (Current — period of the current chart); Price - price type: open, close, high, low; Stop Loss - loss in points; if set to zero, you can set this parameter on the chart — Stop Loss will follow the order; Take Profit - profit in points; if set to zero, you can set this parameter on the cha
Trailing Orders (MA) is designed for trailing pending orders by MA. Parameters of the EA: Time Frame - selected time period (Current — period of the current chart); MA Period; MA Shift; MA Mode - averaging method; MA Price - price type; Stop Loss - loss in points; if set to zero, you can set this parameter on the chart — Stop Loss will follow the order; Take Profit - profit in points; if set to zero, you can set this parameter on the chart — Take Profit will follow the order; Gap on O
Elder's gatling is a hybrid indicator which combines the market analyzer by Elder's Triple Screen system and the trading panel for risk management which determines trading volume according to the specified risk. The indicator and the EA included into the system do not differ from those represented above except for design. Note: a demo version of the EA for testing can be downloaded at https://www.mql5.com/en/market/product/11575 Elder's Analyzer How does it work? The indicator analyses si
The Auto Channel Gauss indicator detects and draws the channel where the price is moving, and the trend of this channel. The purpose of the indicator is implementing trading strategies based on operating the key levels of this channel. Features Define the channel and limits where the price tends to move, identifying support and resistance. Identify the trend. Works on all pairs and periods. Versatile for many types of strategies. Upper line 1 Gold - it is resistance 1 Upper line 2 Red
This is a self-design project of the intraday volatility indicator. The indicator distinguishes phases of active and passive market. It also shows volatility growth ratio which allows you to predict risks in a more qualitative manner . The highest time frame: H1 Recommended time frame: M1 Parameters: AVG period - period of smoothing the indicator's curve
This volume indicator for MT4 visually demonstrates the market strength. As distinct from standard Volumes, it filters noise of tick volumes. Convenient for visual detection of volumes on a symbol. Its main property is visuality. As of today brokers of MT4 do not transmit real volumes, and if you trade basing on the volume analysis, the indicator will help you to develop your strategy. If you compare this indicator and the indicator on real volumes, visual results will be similar.
The utility displays information about performed trades on the current chart. The account history as well as a separate file can be used as a data source. The file format is set manually or selected from available templates. Settings: Source - where to take data from, from_History - account history, from_File - csv file. File Name - file name. The file has to be located at ..\MQL4\Files\ directory of the terminal. Important not: if the file is opened in excel, close it before launching the
This robot closes all your trades or trades of other EA in a specified profit or loss. You also have a option of using the four buttons on the chart for immediate manual closing trades. Robot also displays an information table with the number of monitored trades Buy and Sell, their volumes and profits. Robot configuration is as follows: TextXpos = position of the information table along the X axis TextYpos = position of the information table along the Y axis TextColor = color of the info
Trailing Orders (PSAR) is designed for trailing pending orders by parameters of Parabolic SAR. Parameters of the EA: Time Frame - selected time period (Current — period of the current chart); Step - Parabolic step; Maximum - maximum step; Stop Loss - loss in points; if set to zero, you can set this parameter on the chart — Stop Loss will follow the order; Take Profit - profit in points; if set to zero, you can set this parameter on the chart — Take Profit will follow the order; Gap on O
Fractals EA trades Daily High Low support and resistance. It works with special trailingstop. This product takes buy_stop pending on daily high, and sell_stop pending on daily low point. Use only on real ECN broker with low spread and low commission. Parameters: If you prefer fix lot size, set the lots accordingly. And set risk_long and risk_short to 0. If risk_long or risk_short bigger than 0 , the system use money managment. Example: risk_long 0,3: buy_stop pending's are 0.06 lot / trade
The EA catches the price when it moves against the trend in an effort to open an order in an opposite direction (direction of the main trend).Screenshots illustrate examples of entries and the strategy gist. The EA uses stop losses depending on values of ATR. Settings: Lot_ - if Risk_ = 0, the EA will trade this lot; Risk_ - risk per one trade. Stop loss is taken into account; koeff_ATR - coefficient multiplied by the ATR value to calculate stop loss (the bigger the value, the bigger stop
The EA will be a good assistant for traders who use averaging. The EA automates the process. If the price goes against the position, The EA opens a position with a volume equal to the last position volume plus predetermined increment of the volume (the Step of increase in volume parameter) in a specified number of points (the Average start pointsparameter). The averaging position goes in the same direction as the last open position. After the averaging position is opened the EA modifies Take Pro
Tails is an indicator that predicts where the price will rebound and reach in a day candle. This is to be used in time frame below D1. By default, the indicator will plot 2 Support and Resistance lines. If needed, you can set the Extended_Levels to true to show 3 Support and Resistance lines. Input Parameters Extended_Levels - show extended levels in the chart; Clr_Support - color for the support lines; Clr_Resistance - color for the resistance lines; Clr_Seperator - color for day separ
The Expert Advisor is based on Japanese candlestick patterns. Each pattern can be enabled or disabled in the EA parameters. The EA works with up to three trend indicators. Each indicator has its own parameters which can be modified. Also it's possible to enable or disable the indicators or to combine the indicators together. The best way is to use one indicator at the same time. The indicators are needed to determine if the trend goes up or down. The EA trades any currency pair, metals and sto
The indicator is looking for a Price Action double bar reversal pattern a double bar with similar Lows and higher Close - DBLHC (bullish setup) and a double bar with similar Highs and lower Close - DBHLC (bearish setup).A pattern may consist of two, three or even four bars. It is believed that the more bars form a pattern, the stronger it is. After the pattern is found, the indicator (if set in parameters) displays an alert in the chart, sends push-notification to your mobile device, or send
This technical indicator is one of the variations of the Momentum technical indicator. Its formula is simple and intuitive. The excess of the current prices over the past indicates an uptrend, and if the current prices are lower than the past ones over a specified time interval, then there is a downtrend. The presented technical indicator uses a smoothed Momentum indicator in order to decrease its volatility. For this purpose it uses a moving average, that is additionally smoothed by an adaptive
MULTIGAP mt4 is a multicurrency Expert Advisor that works on GAPs. Гэп is a break in quotes between the close time on Friday and open time on Monday. When a Monday gap appears, the EA opens a deal on the currency pair where the gap is maximal. The deal will be opened if the gap is greater than specified in "porog_gap" parameter. It can also open two additional deals in case the price moves back to the distance specified in porog_otl. Deals are closed by stop loss, take profit and at some spe
The indicator includes two parts. Part I: Color Candles Show the Major Trend Color candles is to identify the market state by color candlesticks. As shown in the screenshots, if the color is Aqua, the market is in a state when you should place long orders or exit short orders. If the color is Tomato, it is the time to place short orders or exit long orders. If the color is changing, it is better to wait for its completion (until the current bar is closed). Part II: Draw bands The inner ban
You can download the demo version of the indicator, which does not display data on last 25 bars but is perfect for testing. The Trend Trade indicator displays assumed turning points of the price on the chart in the direction of the trend after correction. It is based on data of the Prise Reversal oscillator with the period 6 and indicators which characterize strength and availability of the trend. When the value of Prise Reversal is in overbought or oversold area (area size is set by a user),
Pattern Informer is a convenient indicator for recognizing Price Action patterns on selected instruments. It presents a convenient overview form of all instruments on three timeframes (Н1, Н4, D1) in a single chart. It's an indispensable tool for manual trading based on the Price Action method. Pattern Informer recognizes the following patterns: PinBar Inside Bar Outside Bar DBLHC DBHLC TBL TBH Indicator Parameters symbols_list - the list of currency pairs separated by commas for w
Armageddon is an Expert Advisor trading on breakout of support and resistance levels. The EA's strategy demonstrates stable results during last five years. Works on EURUSD, H1 EA Operating Peculiarities Trades pending orders Does not require large deposit No Martingale Always uses StopLoss and TakeProfit Profitable trades are moved to breakeven equal to the spread value Trades a fixed lot or % of your free margin Can be used for deposit boosting Settings Money Management Fixed
