Expert Advisors and Indicators for MetaTrader 4 - 247

LevelPAttern is a technical indicator based on the daily levels and Price Action patterns. The indicator is based on the standard ZigZag indicator + reversal candlestick pattens, such as Star, Hammer (also knows as Pin bar), Engulfing and others. The indicator generates audio and text notifications when a pattern is formed and a level is touched. It also supports sending email and push notifications. Indicator operation features It is suitable for working with any CFD and FOREX trading instrum

The ATR Arrows MTF indicator is built based on the Average True Range (ATR). It provides entry signals as arrows. All signals are generated at the current bar. Signals do not redraw! All signals in MTF mode correspond to the signals of the period specified in the MTF. It is very easy to use both for trading based on one indicator and for use in your trading systems. The indicator timeframe can be set independently of the main window, so you can combine several indicators in one window. Param

The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders. The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values ​​is reached - profit in percent or profit in points. The EA does not use lot increase. The EA wast tested

Range Multi Alligators provides Range Channel High Low Information and the market trend indicated by the blue-red Histogram in the middle of range channel. The range channel lines is useful to define stoploss and take profit. This is trend follower indicator based on the Multi Alligators. Attach it on the chart and change one or all setting then all lines will move synchronously with the current one. Parameters Period : the number of bars used for the indicator calculations. Default: 120 used

Opening positions in the direction of the trend is one of the most common trading tactics. The main idea is that the probability of the trend continuation is higher than that of its change. This indicator determines the direction of a local movement, marking the beginning of a trend with a large dot and its continuation with a line of the corresponding color. Distinctive features No Repaint. Simple and accurate settings. Clear and understandable signals. Works on all timeframes and symbols. Su

Built To Last is a fully automated ea that works on AUSUSD pair and it is programmed to use a neural network equation to measure the trend stability to buy or sell. It has passed more than 6 years backtest on real tick data with 99.9% Accuracy (check screenshots section). W‌hy AUSUSD? because no flash crush or 1000 pips sudden moves happened on it till now. Minimum Balance required 4000$. Expert Parameters Target - to be set at 76 for the optimum performance. StopLoss - to be set at 20 for the

It is based on Multiple EMA indicators. The idea is that how to display multiple Exponential Moving Averages on the chart easily without placing them one by one. It has also BLUE-RED trend lips to define UPTREND and DOWNTREND whichas BLUE is UPTREND and RED is DOWNTREND.You can change the colors by going to Indicator properties --- colors. There are 2 external setting. They are Period and Shift. When you change them (period and or shift ) then all will automatically adjust. For any currency pair

Wolfe EA uses indicators to enter and exit orders. Wolfe EA gives you the choice of times to open orders. The EA works on both 4 and 5-digit quotes. When a opposite signal appears: if there is an open order in profit, then the EA closes it; if the open order is in loss, the EA opens opposite orders. The EA has a Overlap Order option, this gives it the ability to use percentage of profit from the last order to reduces losses. News filter option allows Wolfe EA to receive a continuous feed from ne

The CSM System is currently fully automated with all the special features and functions, controlled and regularly monitored. Its evolution, parameters and the individual algorithms are professionally evaluated and optimized by experienced development group of programmers who are developing new updated versions of system. Unlike the other systems, we focused to create the system where the backtesting successful results matching the real life situation. Our core lies in identification of these bi

The idea of the indicator is based on the ZigZag indicator using a new equation with the addition of volume. Inputs InpDepth — Depth. InpDeviation — Deviation. InpBackstep — Backstep. Enable_Alert — audio and text notifications on a trend change. Send_Notifications — push notifications to mobile devices. E-mail alert — email notifications. Make sure to configure email parameters in the terminal settings. Features The indicator does not repaint. The indicator does not recalculate. The indicat

Pointer synchronization is an indicator with which the pointer can be synchronized in all the visible charts of the terminal. It shows a crossed cursor in all the visible charts of the terminal, in position relative to the cursor of the active chart. To activate the indicator, simply press the button that appears in one of the corners of the chart once the indicator is added to the chart. To deactivate the indicator, simply press the button again. Once the indicator has been deactivated, the cr

The indicator looks for buying and selling zones, where a deal can be opened with a minimal stop loss and a better Risk Reward Ratio. The indicator is based on qualitative search of the Double top/Double bottom pattern. Indicator operation principle Looks for local tops/bottoms which can potentially become a Reversal zone It waits for an impulse movement that would exceed the Reversal zone and draws a red/blue wide rectangle Within the Reversal zone, it looks for the strongest area of the zone

MRS Indicator : Moving Relative Strength. Indicator developed by me to use custom Moving Average and characteristics of Relative Strength in one line. If you have any questions about the indicator, your comments are welcome. MRS features Works for all timeframes. 100% non-repaint indicator. Settings are changeable as a user needs. Recommend to use this product on smaller timeframes: M5, M15. Parameters Period RSI - number of bars to calculate a RSI value. Recommended values 5-55 Price RSI :

Indicator of tick volumes equipped with notification system and the ability to monitor sudden and significant changes in the prices of bars relative to the specified coefficient - Change Factor - to the average value of volumes for a certain period of time (Period Signal) and the bar of the previous trading session. The color of the indicator's histogram characterizes the changes in volume of a bar: 1- relative to the previous session; 2 - relative to the signal line. According to the notificati

The BuySellArrows is a seemingly simple and persistent indicator. All traders had come across indicators that contain numerous input parameters that will change Buy and Sell position when you change those parameters value. Many traders asked what parameter's value will be more accurate. So, I decided to make an universal indicator without any input parameters. In this case you will have very stable indicators without any worries that you put some wrong numbers. This indicator will show Buy (colo

MCTC is the most advanced multicurrency strength indicator for day trading, that does NOT use moving averages. This versatile strength meter has many settings that can be customized to suit the day traders needs. With up to 12 customization time periods, automatic calculation and graph plotting of previous period high/low values, 2 side meters showing currency strength, pair strength, points movement, points movement from previous periods, percentage, and pressure. Clickable chart for fast switc

This is an extension of the Average True Range indicator with the breakdown of price gain, loss, and standard deviation; with the price break down into price gain and loss, this can now be used as an oscillator with standard deviation as the queue to time the entry and exit. Settings ATR Period - Typically set at 12. ExtStdDev Period - This the period for the Standard Deviation and it typically follows the ATR Period. How to use Buy / Sell Direction - If the green (gain) is higher than the l

Telegram ChartSnap is an utility tool to bridge your MetaTrader 4 activities to your Telegram chat/group/channel. It will screen shot your MetaTrader 4 chart and send it to your dedicated Telegram chat/group/channel through a Telegram bot. The whole process will keep repeating based on a time cycle that predetermined by the user. It is a convenient tool for those who like to get access to their favorite system/dashboard that only available at MetaTrader Desktop. Beside that, trader can easily

This product combines Stochastic Oscillator and RSI. Usage is as follows. This indicator works with M1 and M5 timeframes. This indicator uses Stochastic oscillator and RSI. The picture shows Stochastic x1 (Red) and RSI x2. You can open a short position when each Stochastic, RSI (Blue) and RSI (Yellow) become more than 95, 70, and 70, or a long position at values less than 5, 30, and 30, respectively.

The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive

This indicator alerts for potential buy and sell using exponential moving average. The indicator supports push notifications, terminal alerts, and sound alerts. I am an active developer who studies Forex and will continue to update this indicator with new features. It is customizable for one minute, five minute, fifteen minute, thirty minute, one hour, four hour, daily, weekly, and monthly timeframes. Recommendations Indicator Settings : Use default settings. If scalping set M1 and M5 to true

Folding rule of 4 trend lines The indicator has been created based on the "Folding rule" trading strategy. It shows four pairs of inclined resistance and support lines. These lines are plotted based on the nearest High and Low of the ZigZag technical indicator with four given input parameters. The indicator draws dots above and below the price extremums that have been used for plotting the trend lines. The indicator of trend lines facilitates the plotting of trend lines, channels and technical p

This indicator is different from the conventional indicator by an additional set of parameters. The ADX line changes color depending on the location of the +DI and -DI lines relative to each other. Indicator Inputs Period — indicator calculation period; Method — select the averaging method: simple, exponential, smoothed, linear-weighted; Apply to — select the applied price: Close, Open; High; Low; Median; Typical; Average Weighted; By default, the directional lines are colored in the following

Market Profile helps the trader to identify the behavior if major market players and define zones of their interest. The key feature is the clear graphical display of the range of price action, in which 70% of the trades were performed. Understanding of the location of volume accumulation areas can help traders increase the probability of success. The tool can be used as an independent system as well as in combination with other indicators and trading systems. this indicator is designed to suit

This is a fully automatic Expert Advisor. It can trade any market, any timeframe and any currency pair. The EA uses simple indicators like SMA, RSI and CCI, and a smart martingale system, that does not open systematical new positions, but waits for a new signal for each new order, wich is limiting drawdown compared to other martingale systems. It uses a combination of seven strategies you can select in the parameters to fit your needs. The strategy tester in MetaTrader 4 can give you the setup y

Range Bar Chart Indicator for MetaTrader 4. Range bar charts with equal size bars that can possibly have shadows can be created using this indicator. Data on the range bar chart are distributed by the bar size, rather than by the time. Each bar represents the price movement instead of time period. It works simple – the bar is not drawn as long as the price does not move. The size of the bar can be set in the settings by changing the Size parameter value. You can add indicators, EAs and scripts t

Endeavor EA does not use indicators. It trades the strategy based on trading by hours and the breakout of support and resistance levels. Logic of the EA: it trades during the active phases of the Asian, European and American sessions and allows you to capture almost all the daily trend. It analyzes the history and places pending orders to follow the market direction in case of a breakout. The EA provides the options to close orders by profit or by time. When the price moves in the favorable dire

The market is constantly fluctuating and almost always gives a roll-back of 5-20 points. If you look closely at the chart, you can see that the price never goes up or down without rollbacks. Thus, these small fluctuations can be earned if you collect a profit on each roll-back of 10 points. This EA was written a long time ago and today I want to share it with нou. When testing, the robot showed excellent results and in two months, the deposit was increased almost 10 times. I constantly took prof

NN8D Points is one of the indicators included into NN8D ( N ikolsky's N esting D oll) trading system. NN8D Points is an indicator containing multiple tools for analyzing Forex market: candle analysis and area system. Rather than simply averaging by Open, Close, High and Low prices, NN8D Points performs a complex analysis of the current and previous bars by various parameters: bar color; bar body size; bar wicks; bar core (average value between Open and Close, as well as between Lows and Highs);

This is an automatic 24-hour trading system based on the algorithm of collective behavior of adaptive automata (a kind of algorithms of self-learning of artificial intelligence) that does not require manual intervention and does not use any indicators or well-known trading methods. The principle of the EA is to remember and analyze each step. A step is a price movement for a certain number (BaseStep) of points up or down. The depth of memory (how many steps to remember and analyze) is determined

This EA has been developed for DAX (DE.30) M5 and is based on breakout of the Linear Regression channel. It uses Stop pending orders with ATR Stop Loss and Take Profit. In this strategy we are limiting signals from 8:30 am to 9:30 pm. At 9:30 pm we are closing trading every day. Adjust this time to your broker time. Preset values are for UTC+1 only. For every candle the pending orders are modified to adapt the market behavior. Everything is already set up for DAX M5. Strategy is suitable only fo

Supporta is a trading indicator that automatically identifies support and resistance levels and their strengths from price movements and draws them on price charts. The instrument supports both the MetaTrader 4 and MetaTrader 5 terminals and can be used on any financial instrument and any timeframe. The MetaTrader 5 version is available on the market as Supporta MT5 . For full documentation and quick start, please refer to the official guidebook which is available for download in the comments se

True channel indicator builds the linear regression channel. The channel consists of the support/resistance line rays, as well as the averaging trend line. Extra info displayed by the indicator support/resistance price for the current bar channel width channel slope current price position relative to the channel in % Options Bars for calculation - number of bars for building the channel Price for calculation - price used for the channel borders construction (Close, High/Low and Open).

Spread And Swap Dashboard is a nice tool that lets us know all the minimum and maximum spreads of the instruments that we trade. In addition to the spread information we also find the Bid & Ask values that always are very useful. We also considered it important to include positive and negative swap values so that we can better evaluate possible strategies of Carry Trade. The tool proves useful in times of high volatility to record all the values of spreads and have a better understanding of the

Fibo Martingale System is martingale grid Expert Advisor, that is specially tailored for EURJPY. It trades long and short positions in the same time using its lot size progression on every grid level. The timeframe is not important, it does not trade on bar close. The most important think to respect is - for 0,01 starting lot you need an account of 25 000 $ at least - using smaller account is at your own risk. The default settings are ready to go, you do not need to change anything. By default t

Interactive assistant for manual trading on a real account. The robot monitors the phenomenon of market asymmetry, which occurs after the manual entry time has been set. It uses the price movement in any direction relative to the entry point. Provides implementation of many different trading strategies. Manual intervention in the process of deal management is allowed. Trading strategies You can use any strategy for manual trading based on tracking of the price deviation from the market entry p

The indicator shows the upper, middle and lower price limits for a certain period of time. Also, two Moving Averages (MAs) are displayed. Parameters CTType : corridor basis. _Hour : hours, _Day : days, _Bars : bars CTPrice : price type, by bars. OpenClose : Open/Close prices, HighLow : High/Low prices CTShift : corridor shift CTNum : how much to consider for building a corridor, min 2 CTPeriodFast : Fast period, min 2 CTShiftFast : Fast MA shift CTMethodFast : Fast averaging method CTPeriodSl

This indicator displays Bollinger Bands signals for multiple symbols and multiple time frames. The signals are created as a simple ratios which represent the distance between the current price and the moving average measured in standard deviations. This way we create a very versatile and easy to use indicator which helps us to identify not only the strongest trends but also the most overbought and oversold conditions. Features Accurate signals in real time for multiple time frames and multiple

The Expert Advisor algorithm determines on daily charts those candlestick patterns, which set the intraday trading direction. The trading EA determines how long the price is moving in overbought/oversold zones and starts working in the direction of the expected trend movement. Each position is accompanied with a tight stop loss and take profit. Only one active position can be open in the market. The EA was developed and tested using 99% quality quotes. The Expert Advisor has a built-in news filt

Indicator of tick volumes with the ability to monitor sudden and significant changes in the prices of bars relative to the specified coefficient - Change Factor. The color of the indicator's histogram characterizes the changes in volume of a bar relative to the previous session. By default, the indicator bars are colored in the following colors: Green - a slight increase in volume, not exceeding the Change Factor; Red - a slight decrease in volume, not exceeding the Change Factor; Purple - signi

Indicator of tick volumes with the ability to monitor sudden and significant changes in the prices of bars relative to the specified coefficient - Change Factor - to the average value of volumes for a certain period of time - Period Signal. The color of the indicator's histogram characterizes the changes in volume of a bar relative to the previous session and the signal line. Indicator Inputs Period Signal - period of the signal line; Change Factor – volume change factor. By default, the indic

This indicator serves to depict the beginning of the trend (these are the green and red points of the graph). It is called simple because there are very few setup parameters, but it is essentially a set of rules - it is used a combination of WATR and a set of MAs. By combining their readings, it determines the direction of the trend. How to use When there are green points on Main line of indicator, the trend direction is UP and you can BUY. When there are red points on Main line of indicator,

NN8D Volume is one of the indicators included to NN8D trading system ( N ikolsky's N esting D oll). NN8D Volume displays a trend direction sorting out the market noise and keeping trades even during main trend corrections. Buy checklist: Bulls on the current bar and preferably on the previous one. NN8D Volume line should go up moving away from Bulls points, showing a bullish trend and increase in volatility. Current bar - Buy (an open price is below a close one). Sell checklist: Bears on the cur

This Expert Advisor trades flat breakouts. The EA plots a channel between important levels, or at a specified distance from the current price. As soon as the price start moving, the robot starts working. The recommended timeframe is H1 or above, currency pair - any. You can set the EA operation time in the settings. The EA is recommended for working during string market volatility or during news releases. This will allow you to avoid drawdown and will have a good effect on trading. Channel Power

The panel works as a filter, finding patterns based on the Volume Spread Analysis technique. Search is carried out for selected trading instruments and all available timeframes. It is possible to add and remove instruments. Clicking the signal button allows you to quickly move to the chart with the identified pattern and timeframe. It can also search in history (by previous bars) with the buttons "<<" and ">>". The panel can be scrolled using the "UP" and "DOWN" keys. Input parameters Basic Se

Voles Indicator Operation Principles It is based on the standard indicators of the MetaTrader 4 terminal. It shows the market entry points. How to trade When a bar is complete and an arrow is shown, place a BuyStop order at the High of the bar is the arrow is green, or a SellStop order at the Low of the bar if the arrow is red. StopLoss should be set at the level of the last downwards fractal below the entry point at a green arrow or at the level of the last upwards fractal above the entry po

ForexAurum Fibonacci indicator is a useful tool for traders who are using Fibonacci combined with the ZigZag indicators. It uses the real-time calculation of the levels for all the timeframes and displays the results for you. In addition, you can setup RSI, ADX and Stochastic indicators to confirm entries. How to use it Just drag and drop the indicator on an 1 minute chart of any symbol. Then you can switch to a higher timeframe at anytime after the initialization. Recommendation Always drag

-   We all want to have the lowest spread and never high, with this utility we can have more information and a clearer idea of when the spread is acceptable or not. The Panel InfoSpread is a utility expert advisor and shows information on different spread options in one or more symbols, can be actual spread, average, minimum, maximum and tick counter. Read and show the symbols that are in the Market Watch window. Also you can put a maximum limit of average spread in every symbol for know when

NC Night EA is an ultra-short-term EA system based on moving average during the night swing market, supporting single currency or multi-currency operations. Short-term operation when oscillating at night. According to the average movement of the swing period, judge the timing of entry. Set the stop loss range by yourself and the risk is more controllable The risk level can be flexibly set. Of course, risk and profit are often proportional too. Parameters MoneyManagementType: Fund management mo

Trends Hunter Expert Advisor is designed for medium-term trading. It is not a martingale and it does not depend on an account type (ECN, STP etc.) or spread level. This is a fully automated EA that features a custom algorithm for recognizing the price action and origination of a trend. If the EA identifies the beginning of a trend, one trade is opened. If a trend continues, the EA adds to the position. The number of addings is adjusted by the settings. Options Lots - fixed lot size; EMA1/EMA2

Price action is among the most popular trading concepts. Candlestick patterns are essential tools for every price action trader. A candlestick pattern is a one or sometimes multi-bar price action pattern shown graphically on a candlestick chart that price action traders use to predict. Input Parameters On Alert - true/false (displays a message in a separate window). Patterns Reverse - true/false (allow displaying the backward candle patterns). Max Bar - numbers of bars. Parameters in chart C

Scalper uses the model of a quantum set of algorithms and can work on any financial instruments. Due to the optimal number of parameters necessary for optimization, you can create unique trading strategies based on quantum models. Signals:   https://www.mql5.com/en/signals/author/old_padre New sets are in the "Comments" section comments #504-509. Time settings #33 and 245. Key Advantages The EA does not use Martingale; All orders are opened with a strictly fixed Stop Loss; The minimum starting

Reliable SMA reversal signals. No repainting. Simple settings. Suitable for binary options. Made for maximum traders' convenience. The indicator performs a complex analysis of a price movement relative to SMA and displays the array which is to be most probably followed by a price impulse and SMA reversal. Internal sorting mechanisms sort out definitely late, unreliable or inefficient entries. Options SMA_PERIOD - considered SMA period should be no less than 24, the default is 44 SMA_APPLIED -

This is a multi-strategy EA. In the night scalping mode, the filters filter a trend-free range market environment and trades are placed in the opposite direction at the edges of the range. With an additional main trend filter in the trend-following mode, you can also trade pull-backs during longer trends on same houers or days. A detailed description of SpotLight EA can be found in the SpotLightBlog and a live monitoring here: If you have any question about the product, please contact me.

" MONALISA (acronym of MON itor A nd LIS t A ll) Bollinger Bands" is an indicator based on the Bollinger Bands indicator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the Bollinger Bands indicator. In addition, this indicator measures the " POWER " of the Trend that is highlighted on the middle line of the Bollinger Bands (SMA line) and in the table of Timeframes wit

" MONALISA (acronym of MON itor A nd LIS t A ll) MACD" is an indicator based on the MACD Oscillator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the MACD Oscillator. This indicator is useful because it allows you to have a complete view of all Timeframes at the same time. Features Easy flexible settings: Detection of the MACD signal for all timeframes No setting l

Genio Scalp is an Expert Advisor that follows the trend. It uses some simple setting. This EA analyzes the trend using the Moving Average indicator on multiple timeframes, combined with mathematical functions. If the main trend on the market is "buy" and the trigger signal also recommends to "buy", then the EA will execute the "buy transaction". And vice versa. Furthermore, this EA can also use Autolot calculation. By default, as protection, the Stop Loss is set in a tight points. This EA is rec

" MONALISA (acronym of MON itor A nd LIS t A ll) Stochastic" is an indicator based on the Stochastic Oscillator on all timeframes of any Currency Cross Pair. The indicator shows all Timeframes (from M1 to MN1) and colors in GREEN or RED that Timeframe that results in BUY or SELL based on the Stochastic Oscillator. This indicator is useful because it allows you to have a complete view of all Timeframes at the same time. Features Easy flexible settings: Detection of the Stochastic signal for all

T Dog is a fully automatic trading robot which is the result of more than 10 years of the market study and programming expert advisors. You could run on all Forex, Indexes and Commodities. It uses a multiple indicators to determine the market entry with an advanced exit-algorithms. T Dog build-in News filter which able to stop trading during the news releases. It also possible to enable the trailing stop to secure your profits. No Grid No Martingale No Hedging No Arbitrage It is advised to use a

IntradayTrack displays daily support and resistance lines based on the average symbol volatility for a certain period. You can tilt the line to a certain angle both at the beginning and the end of a trading period. Parameters Track period - the period of drawing lines (day, week, month) Avg price range – number of days the average volatility is considered for Start value (Avg %) – distance between the lines at the beginning of a trading day in % of the average volatility for a selected period

The principle of this indicator is very simple: detecting the trend with Moving Average, then monitoring the return point of graph by using the crossing of Stochastic Oscillator and finally predicting BUY and SELL signal with arrows, alerts and notifications. The parameters are fixed and automatically calculated on each time frame. Example: If you install indicator on EURUSD, timeframe M5: the indicator will detect the main trend with the Moving Average on this timeframe (for example the Moving

This is a scalping Expert Advisor. The EA strategy applies the range of price deviation from the average high/low values for a specified period. It has a minimum number of adjustable parameters. The EA applies stop loss, take profit, breakeven and trailing stop levels invisible for brokers. The robot is ideal for a trader as an addition to a manual strategy or in conjunction with another EA. The EA distinguishes its trades by a magic number. Only one market order at a time can be opened on a sin

The Analytic Trade indicator is a complete trading system. It consists of 4 parts: The first part is the arrows showing the most optimal points for opening and closing orders. The up arrow is a buy signal, the down arrow is a sell one. The second part is the information panel in the upper right corner. The current price is shown in a larger font, above it are: the daily High, distance from the current price to the daily High, and the difference between the High and Low (in points). Below it are:

The indicator helps you trade following the VSA (Volume Spread Analysis) and PRICE ACTION methods, as well as study these methods from a perspective. The indicator searches for VSA and PRICE ACTION patterns considering the current trend. It is possible to view the patterns of the higher timeframe on the current timeframe chart. The custom mode allows you to find your patterns based on VSA method. Also, there is a volume histogram that automatically configures the width and visual horizontal leve

The indicator automatically calculates the levels of pivot points and draws the lines on the chart. The lines that are drawn: Pivot line, R1 line, R2 line, R3 line, S1 line, S2 line, S3 line. Below each line, the value for your level is displayed. The point of pivot is calculated using the traditional method. The colors of the lines and font are configurable, as is a font size of the text. The indicator can only be used in periods equal to or less than D1. Parameters Font color - text color. F

The tool is used to calculate the size of the position that can be opened with the previously assumed risk. The risk can be defined as: percentage value of the account (%), nominal value, expressed in the account currency. The size of position is determined by the distance of the planned SL (red line). Input Parameters Lost_in_Money - if true, the value of the acceptable loss is determined by the parameter "Acceptable_loss", else acceptable loss is determined by the parameter "Acceptable_Risk_

PriceChannel is designed for trend detection without the effect of accidental price leaps. It uses Price Series and a few moving averages for noise reduction. It works on multiple timeframes, even M1. To increase effectiveness, it is recommended to use 3 instances of PriceChannel with different parameters on one chart (see screenshots). You can use the following settings (for M1 charts): PriceChannel(10,2,30) Gold colour. PriceChannel(10,5,30) Blue colour. PriceChannel(21,8,13) Gray colour. Exa

Trend-Scanner is an indicator for MetaTrader 4 that allows you to view 3 types of trends and signals on the charts. Trend-Scanner searches for 3 types of trading signals on all the underlying assets listed in the settings (and can be customized by the trader). If there are conditions that allow you to identify reliable trends then a pop-up alert will be displayed, a sound notification and a push notification will be sent. Trend-Scanner constantly searches for signals deriving from patterns devel

This indicator is based on the Bollinger Bands on one or more timeframes and on any Currency Cross Pair. The indicator generates an alert message when it detects a buy or sell signal. It also draws a vertical bar on the price chart: green for buy or red for sell, white if flat. Alert messages and Vertical bars for BUY or SELL, are generated when the Bollinger Bands is consistent for all chosen timeframes else a FLAT signal is generated. In addition, the Multi TimeFrames Bollinger Bands Signals i

MTSBSPanel is a multifunctional trading panel with an integrated risk manager. Main features of the trading panel Placement of pending orders directly from the chart with the ability to divide a position into multiple orders Opening by market in one click with the ability to divide a position into multiple orders Risk management: risk per trade and per day Dynamically calculated lot depending on the specified risk per trade Brief information on the account, result of trades for the day, week,