Best currency pair: EURUSD. The input parameters are optimized for EURUSD H1. Working at: ECN / STP / DMA and Market Maker, 4 and 5 digits brokerage. Parameters Lots - lots size RiskMM - risk managment RiskPercent - risk percentage MinLot - minimum lot allowed by the Expert Advisor MaxLot - maximum lot allowed by the Expert Advisor Order Management BrokerECN - Broker ECN maxtrades - maximum trades allowed by the traders StopLoss - Stop Loss TakeProfit - Take Profit Break
Pair's MACD is an auxiliary indicator that can be used in conjecture with Pair's Spread , Pair's RSI and Pair's Momentum Indicators for optimizing the timing of opening or closing a position in a Pair's trading strategy. Pair's MACD is an ordinary MACD indicator with the only difference being the way its price is derived. While a simple MACD indicator uses the closing prices of only one instrument, Pair's MACD uses the Pair's Spread closing prices (see equation 2). Let's assume
Pair's Momentum is an auxiliary indicator that can be used in conjecture with Pair's Spread , Pair's MACD and Pair's RSI Indicators for optimizing the timing of opening or closing a position in a Pair's trading strategy. Pair's Momentum is an ordinary Momentum indicator with the only difference being the way its price is derived. While a simple Momentum indicator uses the closing prices of only one instrument, Pair's Momentum uses the Pair's Spread closing price. (see equation 2.)
Description Impulse Pro Global is an indicator's impulse trading system based on Moving Average and MACD Line Global . 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 Global ) based on a single, double or triple moving average with identification of primary signal of probable
FX Gold MA compares the current price with the price of each bar from the entire history you have specified. Then it assigns weight to each obtained value: from the smaller one of the older bars to the greater one of the latest bars. Then it draws a line using arithmetic mean. The indicator can also build the channel I recommend that you use the channel on H1 or larger timeframes; it is better not to trade towards the channel during the trade sessions; pay attention to MA ove
Operation Principle The Expert Advisor looks for a strong movement on every bar and places two pending orders at a predetermined distance in points. A position is closed based on the total profit or loss in the account currency or in points. No indicators are used. It uses the method of averaging, in which the last open position in the direction of price movement always has the largest volume. It uses filters - time, Moving Average and revers of placed orders. Main Features
The Expert Advisor assists in opening and tracking open orders before they are closed. Usage Define entry point on one or several symbols according to your trading system. Set Magic to identify orders. Change Comment if necessary. In Simbols parameter, set necessary symbols indicating sell (minus sign) or buy (plus sign) and order sizes. Switch Start to true . After all specified symbols are closed, switch Start to false , so that specified orders are not opened anew after they
Dark Knight Expert Advisor (EA) is a trend-following trading system which is designed to meet Take Profit> StopLoss principle and have a clear profitability in 99% backtests. The EA has a unique two-level trend filter that can reduce to minimum the opened position(s) in the wrong direction. With this efficient tool Dark Knight EA easily hit well over 50% of profitable trades. Because of the relative higher TakeProfit (TP) level and the built-in spread filter Dark Knight EA can be run efficien
The Pivot Points Reversal pattern consists of three bars and is usually formed after the fast trend. In the bearish pattern , the price goes up and reaches a new maximum. The next bar whose high is lower than that of the previous bar closes below its minimum. In the bullish pattern , the price goes down and reaches a new minimum. The next bar whose low is higher than that of the previous bar closes above its maximum. This indicator monitors the chart for the Pivot Points Reversal patterns,
Flexible, affordable and predictable Expert Advisor based on a great strategy - for both beginners and experienced traders. It is not too complex, yet not primitive. The strategy is based on the advantageous joint operation of 5 divergence indicators (MACD, ADX, BBands, StdDev and OBV) that are used to reconfirm each-other’s signal on the same bar, i.e. the signal for opening is triggered by two (2) or more concurrent divergences (in some instances, in combination with an additional reversal
This indicator looks for the Price Action OutSideVerticalBars (Outside bar) patterns and sets a signal pointer on the base bar and a pending order level on the signal bar. It also generates a signal about the detected pattern. BUOVB - Bullish Outside Vertical Bar. The signal bar completely covers the previous one, its Close price is above the High of the previous bar. Enter a trade at the breakthrough of the High of the signal bar + filter (5-10 points). BEOVB - Bearish Outside Vertical Ba
This is a script that can close all Buy and Sell Orders by a selected symbol. When orders cannot be closed, a sound alert is played. In this case, you can run the script again. If you don't have any open orders or you don't have orders for selected symbols or the orders were closed successfully, the alert " No orders to close. Selected orders closed successfully " appears. Also, blue objects are displayed on the chart near the close price. Input Parameters: EURUSD - YES/NO. Yes = c
The indicator searches for Rails PriceAction pattern. The pattern consists of two adjacent oppositely directed bars. Open and Close prices of the two adjacent bars included in the pattern should be located close to each other. It is desirable that the candlestick shadows are small enough. For the bearish pattern (the pattern's right candle is a bearish one), SellStop pending order is placed slightly below the pattern's Low. The initial stop is placed slightly above the pattern's High. For th
This indicator watches for the Price Action Inside Bar pattern, marks the current signal bar, displays levels for pending orders based on the prices of the mother bar and alerts you when the pattern is identified. An inside bar is a bar that is completely contained within the range of the preceding bar. In other words, it is a bar whose high is lower than that of the preceding bar and whose low is higher than the preceding bar's low. The bar preceding the inside bar is known as the "mother b
The best way to monitor multiple pairs within little workspace. RotaGrafico sequentially displays up to 6 different pairs. It has buttons to set a pair more time for observation. Normal exposure time adjustable. Broad exposure time adjustable. Combine in a profile, Rotagrafico and use the rest of your workspace to the pair that you want to analyze in detail.
An indicator with a wide range of customizable parameters used for determining the current trend with the resistance and support levels depending on the current trend direction. After the current bar is closed values are not redrawn. The indicator can be used on any timeframe - simply choose appropriate settings before using it. Be especially careful when the price approaches the indicator levels it has moved far from it or when an arrow appears (indicating trend change) very far from the price,
The indicator finds pin-bars on a chart and marks them. Also it sets a signal pointer at the opening price of the candlestick following the found pin-bar. It has four parameters to filter candlesticks: MinCandleSizePT - the minimum size of the candlestick in points from High to Low, below which candlesticks are skipped. This parameter is specified like for the four-digit prices. MaxCandleBodySize - the maximum size of the candlestick body relative to its shadows. Set from 0 to 1 . If
The indicator watches for the Closing Price Reversal pattern. It is a strong reversal pattern, especially if formed after a fast movement. The signal bar opens with a gap from the previous bar's close, whereby the open price is next to the bar's high. The bar closes below the previous bar's close, whereby the close price is next to the bar's low (for the bearish setup). The same is mirrored for the bullish setup. The indicator marks the signal bar above/below and draws a level for setting
This Expert Advisor uses patterns (adapted for MetaTrader 4). You can set patterns up to 5 candles and select parameters for the trading robot's operation. Since the patterns reflect trader's psychology, that facilitates more precise market entry and decreased drawdown improving the profits and reducing the risks. In addition, there are functions of position tracking that increase the system's profitability. These are stop loss, take profit and trail. Also, the trading robot can calculate the
This indicator can display gold and silver charts on the same chart. The chart shows the correlation. It shows the minimum and maximum values. Input parameters: pair1 - first currency (XAUUSD). pair2 - second currency (XAGUSD). Offset - space between pair1 and pair2 (can be negative value). mirror - show mirror currency.
The indicator creates 2 dot lines representing an upper and lower bands and the main indicator aqua line as the price power. If the main line is swimming inside the bands, then you should wait and watch before entering the market. When the main line jumps out or in the bands, then you should make a long or a short position.
The EA is based on the PriceRiver indicator and has the same main input parameters: indPeriod, maMethod, appPrice, avgPeriod, avgMethod If UseMM (input parameter) = true, then Money Management system is switched on with PercentMM (input parameter) as a percent from Account Free Margin. The EA closes an open position when the profit exceeds the value of Profit input parameter.
The Expert Advisor modifies StopLoss orders. The trading robot can be applied to any symbol window. It tracks all open positions and works with each of them. If necessary, information about the trading robot's operation can be displayed at the corner of the screen. P.S. I have been using this Expert Advisor for quite a long time already and finally found time to upload it to the market. The product is also available in MQL4 Code Base at the following link https://www.mql5.com/ru/code/8
The indicator draws lines that can serve as support/resistance levels. The main and additional levels are displayed as lines, with the color and style defined by the user. Additional levels are only displayed for currency pairs without JPY. Please see the AUDUSD chart below. Yellow ovals indicate some characteristic points where price reaches one of the levels. Simply watch the indicator work on history and in real time mode. External parameters: Levels Step Size, points - step between
About EA This is a mathematical EA that can survive in all market scenarios such as trending/ranging/sudden jump/low volatility. It is very sensitive to some important values, such as broker leverage, initial capital, spread, commissions, etc. Please refer to "Account and Optimal Setup" section. Otherwise, you will have losing trades instead of profitable ones. The recommended pair is GBPUSD. However, it is also suitable to the pairs with big average daily range, such as GBPAUD, GBPCAD,
MACD – multiple timeframes Indicator name: MACDMTF Indicator used: MACD Traditional multiple timeframe indicator always has an issue of REPAINTING, when a trader wants to establish his/her strategy using Multi-Time-Frame (MTF). Generally, you should know how MTF indicator re-paints. But I will explain with the following example: Suppose that you are using traditional MTF MACD (H4) in (H1) chart. At 15:20, the MACD (H4) dropped below water line (0 level). Now, what happens on H1 ch
Moving Average - multiple timeframes Indicator used - Moving Average Traditional multiple timeframe indicator always has an issue of REPAINTING when a trader wants to establish his/her strategy using Multi-Time-Frame (MTF). Generally, you should know how the MTF indicator re-paints. But I will explain with the following example: Suppose that you are using traditional MTF Moving Average (H4) in (H1) chart. At 15:20, the Moving Average (H4) dropped from 1.30590 to 1.30550 in EU
If you've been trading for any time, you will almost certainly have come across the concept of support and resistance. This powerful and simple concept lies at the heart of technical analysis. It forms the cornerstone of price action trading. Strange to consider therefore, that such a key component of the traders chart has largely been ignored. Most Forex traders still draw their lines manually, leading to a crude interpretation of these key levels. Even those companies who have developed a tr
For aspiring price action traders, reading a candle chart at speed can be learnt, but is a skill which takes years to perfect. For lesser mortals, help is required, and this is where the Quantum Dynamic Price Pivots indicator steps in to help. As a leading indicator based purely on price action, the indicator delivers simple clear signals in abundance, highlighting potential reversals with clinical efficiency. Just like volume and price, pivots are another ‘predictive’ indicator, and a leading
Have you ever wondered why so many Forex traders get trapped in weak positions on the wrong side of the market? One of the easiest ways the market makers do this, is by using volatility. A currency pair moves suddenly, often on a news release or economic data. Traders jump in, expecting some quick and easy profits, but the move suddenly moves in the opposite direction. This happens in all timeframes, and in all currency pairs. The candle or bar closes, with a wide spread, but then reverses sha
Many Forex traders have either been told, or have learnt from painful experience, that the Yen currency pairs can be both dangerous and volatile to trade. The GBP/JPY is perhaps the most infamous and volatile of all. No wonder then, that many Forex traders simply stay away from the Yen currency pairs. But then they probably don’t have a very clear idea of where the Yen itself is heading. If they did, then trading the Yen pairs would be much more straightforward. And this is where the Quantum J
The indicator gets all data from the file saved by Save History script and shows all history on the chart. Usage you can select file and folder before saving in MQL4/Files. To do that, buy Save History script you can choose a subfolder and file name and then simply see your trade history on the chart no need to log in your account; the data comes to your chart from the selected file you can implement this indicator on any chart, any symbol and any account you want. Then you can
The US dollar sits at the heart of all the financial markets. It is the currency of first reserve. It is the ultimate safe haven currency, and it is the currency in which all commodities are priced. It is the currency which every Forex trader should consider – first! Having a view of the US dollar is paramount in gauging market sentiment, attitude to risk, and money flows into related markets and instruments. If you know which way the USD is headed – the rest is easy. The Quantum DXY indicat
We don’t want to become boring, but the US dollar is the most important currency for all traders, and not just in Forex. Trading without a clear view of the US dollar is like driving in fog. Sooner or later you are going to crash – it’s just a question of when. That’s why at Quantum we have developed two US dollar indices. The first is the Quantum DXY, and the second is the Quantum USDX. So what’s the difference? Well, the reason we created the Quantum USDX is that many Forex traders believe
Your success as a forex trader depends on being able to identify when a currency or currency pair is oversold or overbought. If it is strong or weak. It is this concept which lies at the heart of forex trading. Without the Quantum Currency Strength indicator, it is almost impossible. There are simply too many currencies and too many pairs to do this quickly and easily yourself. You need help! The Quantum Currency Strength indicator has been designed with one simple objective in mind. To give y
Every Forex trader knows that exit strategy is the key to success in Forex. But does everyone follows that knowledge? 95% of traders do not follow it due to such emotions as fear and greed involved in trading. Without a proper exit plan, like where to take profit, when to exit, when to hang on, no one can make proper money and most market entries are loss-making. Considering the importance of money management and trade management, we have 3 options to take care of that: Manage all t
The VisualLotCalculator is a balance risk calculator that helps you find out exactly what lot size you should be using in a quick and fun manner. It allows you to change the SL distance by adjusting the entry or stop loss level or by dragging the thick red line representing the SL around the chart, with instant updates. Check out the video to see how it works.
This is an extended version of Bollinger Bands. You can use 21 variations of the moving average and 11 price options for the calculation of the middle line of the indicator. In addition, the period for calculating the standard deviation is defined by a separate parameter. 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
FourAverage: A Breakthrough in Trend Identification With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal. Can a single indicator show the right direction of the future price, without changing its parameters over 14 years' history, while at the same
This is an extended version of Keltner channel. You can use 21 types of Moving Average and 11 methods of calculating the indicator's center line. 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 (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Avera
This is an extended version of the Envelopes oscillator. You can use 21 variations of the moving average and 11 price options for the calculation of the lines of the indicator. 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 (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Ze
This Expert Advisor gives an email notification for a buy and sell signal, while we are doing our activities. This EA is suitable for those who like to trade manually, but as we know, we cannot face the computer all the time to find the chance. That's the reason why this EA exists. Run this EA on any VPS or computers on any pair and any time frame. When you receive an email, you can double-check the signal by another indicator that you trust and execute the trade by yourself. In this ver
The indicator simply shows buy and sell positions located in the history of your terminal on the chart. Usage It is very simple to use. Log in to your account and only drag the indicator on any chart you want to see the history of your trades (Sell and Buy Positions) with Blue and Red Arrows for Buy and Sell positions. Thus, you can see when and at what price you opened Buy and Sell positions on the chart. It works on any pair, timeframe and account.
Save Your History Trade in a File The script saves history of your trades (only orders with profit, not cancelled orders) in the terminal as a csv file. Input Parameters Selectable directory name Selectable file name Selectable account number (save the file with your account name) – Yes/No Selectable account company name (save the file with your account company name) – Yes/No Selectable account type (save the file with a name of your account type) – Yes/No Note
This is a script that draws vertical lines on the chart by user-defined hour and minute. This is useful when you want to analyze the market situation at a certain session. For example, you want analyze the price of EURUSD at the start or end of the London session. Input parameter: Color (Color of lines) hour (hour for placing lines) minute (minute for placing lines) ShowLineName_InObjectlist (Yes/No) (this parameter shows the name of the line in the Object list if set to Yes).
DCMV Trade Channel Oscillator The indicator calculates the values of DCMV trade channel oscillator: Trade channel width. The value of trade channel depends on the trend (it increases at start of the trend and has the maximum values at end of the trend). The value of trade channel decreases at flat movement. The lowest values of channel width indicates the high probability of the very strong price movement. The +DC line shows the "bulls" power. The -DC line shows the "bears" power.
The script for opening orders . It allows you to open 1 or more orders per 1 script run . Symbol name(s), sell or buy and order size (s ) are specified in a single line. For example : EURUSD+0.02 GBPUSD+0.03 USDCHF-0.01 EURCHF-0.04 There is a possibility to set the magic number and order comment . You can also specify a suffix or prefix for the instruments, if any is used by your dealer .
The Navigator indicator enables you to determine the correct direction of the price and target movement. It checks the history for a similar situation and shows further development of events. Indicator Parameters Sample - number of the last bars in a sample the indicator will search for. MaxBars - maximum number of bars in history for the sample search. This parameter is used to exclude very old historical data as the market changes over time. If the MaxBars value is greater th
Purpose: automated trading in the Forex market with the MetaTrader 4 trading terminal (MetaQuotes Software Corp.), supports build 604 and higher! Trading strategy: market entry in the direction of a trend or at pullbacks. Type of the Expert Advisor: Aggressive Scalper EA . Algorithm: based on expected payoff whereby it opens multiple opposite positions with partial hedging properties. Types of trading accounts: ECN, NDD, Pro, Standard, Micro … all types of accounts supported by the Me
The system is an Expert Advisor allowing you to manage trade operations manually, as well as set various tasks and conditions for the automated trading. The product provides a number of customizable parameters both for trading and the Expert Advisor's actions together with some fine-tuning settings including Market/Instant Execution, resending requests in case of a requote and other errors, slippage, etc. The system also offers sound alerts and email notifications of completed tasks. Panel fea
This version of Stochastic evaluates the probability of taking the specified profit in points. The appropriate value is set in the parameters, and the product automatically shows possible options for the market it is currently applied to. There are much more options and the information is more extensive compared to conventional Stochastic (see the screenshots). Signals: The yellow channel is absent (flat movement, market entry is not recommended). The yellow channel is narrowing (trend i
Indicator Description This is a one-of-a-kind indicator. It predicts future bars using the theory of cyclical behavior of prices and certain market stationarity. This indicator will help you predict 1 or more future bars, thus providing a picture of the possible development of the market situation. It is based on 5 prediction methods. The first method is the Fourier transform, while the other ones are represented by different variations of linear prediction methods. You can select which meth
AVT Champion is a Forex indicator working on different timeframes. We recommend periods from M15 to D1. There are 2 operation modes: Safe - an internal filtration system is used to sort out false signals. Aggressive - there are more buy/sell signals, and you can perform more trades. We recommend that you use an additional filter or standard indicators when applying Aggressive mode. E-mail messages and push notifications are provided for your convenience. I wish you successful tra
On the current chart, this indicator displays candlestick highs and lows of another time frame. Input Parameters: TimeFrame - chart time frame whose data will be displayed on the current price chart (by default, H12). Time Zone - shift of the indicator by time zone relative to the broker's time (by default, Broker-1). If the broker's time zone is UTC+1 and the Time Zone parameter is set to Broker-1, the bends of the indicator will be plotted in multiples of Greenwich Time. Indicat
MACD techniques are commonly used in the daily tradings. It is useful to find the market trend and divergence/convergence of current trend. This version of MACD is better for people who are doing real world trading to make decisions even faster. It is based on the default MACD, plus the features of the strength of the market force (green bar for long strength, red bar for short strength), and arrows indicating the type of position to open/close. By comparing the piles of the strength bars, yo
This indicator is used to indicate the difference between the highest and lowest prices of the K line, as well as the difference between the closing price and the opening price, so that traders can visually see the length of the K line. The number above is the difference between High and Low, and the number below is the difference between Close and Open. This indicator provides filtering function, and users can only select K lines that meet the criteria, such as positive line or ne
This is a Stochastic multicurrency indicator based on JPY basket of 7 pairs: AUDJPY, NZDJPY, CADJPY, EURJPY, CHFJPY, GBPJPY and USDJPY. The indicator takes around 15 seconds to load up for the first time. It only refreshes itself the first time you put it on the chart to get the true value. The indicator can be used for brokers using extra prefixes in currency pair names (upper case). It can be used to detect the relative strength of each currency by calculating their Stochasti
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
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.
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 con
This indicator will help you show signals when the fast MA and slow MA (moving average) cross. The signals are displayed as up and down arrows (see picture). It can also give an alarm or send you an email to inform you of the signal (this mode can be turned on/off in parameters). There are 2 MA crossovers to use: fast MA1 crosses slow MA1 fast MA2 crosses slow MA2 And there is one more MA line, MA3, to filter alert. When fast MA1 crosses slow MA1, the signal will be showed wit
This is an extended version of Moving Average that uses 2 colors (rise, fall). You can use 21 variations of the moving average and 11 price options. 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 (or EPMA, Linear Regression Line), Smoothed Moving Average, Hull Moving Average by Alan Hull, Zero-Lag Exponential Moving Av
This indicator represents a trading system that is based on 3 moving averages. When a crossover of all three moving averages occurs, the indicator gives an alert and displays a big arrow in the trend direction. When a crossover of two fast moving averages occurs, the indicator gives an alert and displays a small arrow in the microtrend direction. Periods of moving averages and alert parameters can be adjusted in the indicator settings. The indicator can be used as a standalone trading sy
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 tra
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