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Expert Advisors and Indicators for MetaTrader 4 - 302
ScalpingPro is a new indicator for professional traders. The indicator is a ready-made scalping strategy. The algorithm calculates a micro trend, then searches for price roll-backs and forms a short-term trading signal according to a market price. The indicator consists of a data window and a graphical signal on the chart in the form of an up or down arrow. The data window displays the current trading symbol, spread and appropriate trader's actions: WAIT, SELL and BUY .
Advantages the indicator
The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te
The Vortex Indicator was inspired by the work of an Austrian inventor, Viktor Schauberger, who studied the flow of water in rivers and turbines. Etienne Botes and Douglas Siepman developed the idea that movements and flows within financial markets are similar to the vortex motions found in water. The Vortex Indicator was also partly inspired by J. Welles Wilder's concept of directional movement, which assumes the relationship between price bars gives clues as to the direction of a market. This i
This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly. This is a non-repainting MTF indicator. When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above. There is a Pop up, email, and push notification alerts for each chosen timeframe separately. The indicator place a dot on the price chart. For bullish engulfing candle
PipTick World Flow indicator is a unique tool that allows traders to see the flow of the global economy in one window. Basically, it shows the current strength of oil, gold, dollar and stock market in one chart. It helps to understand the basic relations and correlations between those markets.
Relationships between markets Oil - The Boss - The whole world economy is based on oil. Oil is the king, the boss of all bosses, the capo di tutti. Oil instructs gold what to do. Gold - The Manager - Gold
This indicator contains a custom version of the classic Turtle Trader indicator. It implements both the main system ( S1 ) and fail-safe system ( S2 ) as described by the original Turtles. Notifications can also be enabled for trade signals. The main rule of the indicator is to generate a signal when a T -period breakout occurs. A stop signal is then generated when an S -period high or low is breached. The T -period value is the number of periods used to evaluate a trend. S -period values are th
Easy to use trend indicator. Only one adjustable parameter that does not require optimization, which is responsible for the timeframe of the second line of the indicator. It can take three values: current - the second line is not calculated, one higher - one timeframe higher that the current one, two higher - two timeframes higher than the current one. The system for determining the market direction is based on a proprietary method, which uses the two most effective standard indicators (CCi and
This unique multi-currency strategy simultaneously determines the strength of trends and market entry points, visualizing this using histograms on the chart. The indicator is optimally adapted for trading on the timeframes М5, М15, М30, Н1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (TP1, TP2 with text labels) and the recommended Stop Loss level. The take profit levels (TP1, TP2) are automatically calculated for
This unique multi-currency strategy simultaneously determines the end of the trend, entry points and the expected take profit levels for each trade. The indicator can determine entry points on any trading period from M1 to D1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (Fast Take Profit, Middle Take Profit, Main Take Profit, Global Take Profit) and the Stop Loss level. The detailed guide on how to use the indicato
Quick Alerts offers a fast and convenient method for creating and toggling alerts for MT4 objects. Coming soon in version 4.0: create meaningful alerts that notify you exactly when you want to be notified and reduce annoyance by specifying the Breakout or Approach alert type. Quick Alerts comes configured by default to automatically create alerts for the following objects when they are placed on a chart: Horizontal Lines Rectangles Trendlines Channels Price Labels Fibonacci Retracements
Alerts o
The Expert Advisor is based on Williams` Percent Range. The EA trades both during low volatility and a trend if MACD is enabled. Two Williams` Percent Range indicators can be used to enter a trade with different parameters, while the third one can be configured to close a trade. Besides, the EA has the trailing stop and stop loss calculation functions depending on the currency pair movement strength.
Inputs Lots - lot size (if 0, the lot volume is calculated based on the % of account free margi
Correct market entries and exits are essential for any Forex trader. MasterArrow indicator addresses this issue. It has no redundant elements and draws only buy/sell arrows. The up arrow is a BUY signal, while the down arrow is a SELL one. The indicator is simple to configure. Change the Strength parameter to configure the signals frequency. The product is based on standard indicators (MA, RSI, ATR, etc.). But it also features the custom algorithm allowing to combine them into a single tool and
The Two MA Crossover is a powerful notification system designed specifically for traders who rely on the Moving Average Crossover Strategy . This fully automated indicator serves as a comprehensive alert system, ensuring that you never miss a crucial trading event. It sends notifications to your mobile device, email, and displays pop-up alerts with sound on your computer, all when it detects a moving average crossover based on your preferred parameters. One of its notable features is its compati
With this utility, switching the object visibility for individual objects has never been easier. This will help eliminate the clutter that plagues MetaTrader 4 traders when they create objects and then go to a higher timeframe and see that the objects interfere with the visibility of the chart. By default, every new object created has its visibility set to the current timeframe and lower. This setting can be changed under the Auto Set Visibility parameter or overridden if you hold down the CTRL
This indicator calculates and draws lines over the chart. There are two types of channels: Channel A: the mainline is drawn using local lows for uptrends and local highs for downtrends Channel B: the mainline is drawn using local highs for uptrends and local lows for downtrends The parallel lines of both types are built using the max. fractal between the base points of the mainline. There are a few conditions, which have to be fullfilled and can be changed by the parameters (see also picture 4):
This indicator shows the current situation on the cryptocurrencies available for trading, depending on the signal strength specified in the settings. It can be used for determining the expected increase/decrease in the asset price, displayed by the corresponding color, and the signal strength, displayed by a vertical dash near a certain cryptocurrency pair. Indicator Parameters Panel color - color of the indicator panel Long color - cryptocurrency pair uptrend color Short color - cryptocurrency
TrendySignalMt4l is a trend-following indicator that quickly responds to a trend change. The indicator forms the line so that it is always located above or below the chart depending on a trend. This allows using the indicator both for a trend analysis and setting stop loss and take profit. The indicator should be attached in the usual way. It works on any timeframe from M1 to MN and with any trading symbols. The indicator has no configurable inputs.
Recommendations on working with the indicator
Optimizes the value of overbought and oversold on each new bar. This expert strives to choose the best values for a simple strategy where it sells when the indicator crosses below an overbought level and executes a buy when it crosses above an oversold level. The best overbought and oversold level is calculated on each new bar according to how that value would have performed during the optimizing periods which can be specified.
Inputs Unique number for this EA - can be any integer value. Optimi
The robot works best on Н4 and opens trades only at the beginning of a week. It applies built-in parameters to define the price movement for the previous time period (last hours of the previous week, last weekday and last week) and opens contracts with the minimum take profit. I usually use the robot on 10 pairs with the minimum spread (for four-digit quotes): usdchf 3, gbpusd 3, eurusd 2, usdjpy 2, usdcad 3, audusd 3, eurjpy 3, nzdusd 4, eurgbp 3, gbpjpy 6. The EA features the predefined settin
This is an expanded version of the Time Levels indicator provided with sound alerts notifying of level intersection. The indicator is designed for displaying the following price levels on the chart: Previous day's high and low. Previous week's high and low. Previous month's high and low. Each of the level types is customizable. In the indicator settings, you set line style, line color, enable or disable separate levels. This version is provided with an option for alerting using an audio signal a
Colored trend indicator advanced is a trend indicator that is based on Fast Moving Average and Slow Moving Average and also uses RSI and Momentum to give a trend strength in percent. It is aimed to find more healthy trends with this indicator. This indicator can be used alone as a trend indicator.
Colors (Default) Green = Uptrend (Default) Red = Downtrend No color = No trend, no good trend
Indicator Parameters WarnPosTrendchange: Warns you when the trend may change. FullColor: See screenshot.
"Still" is a trend-based Expert Advisor that looks for trend changes and opens orders in the direction of the new trend. The Moving Average indicator is used as the main signal supplemented by additional integrated confirmation functions. Whenever the signal changes, the opened orders are closed and a new order is opened. Stop levels are used for safety purposes. The EA is tied to the current timeframe. Recommended timeframes are H1 and M30. It can also work on M15 and M5. The recommended curren
This indicator displays the signals of the ADX indicator (Average Directional Movement Index) as points on the chart. This facilitates the visual identification of signals. The indicator also features alerts (pop-up message boxes) and sending signals to e-mail.
Parameters Period - averaging period. Apply to - price used for calculations: Close, Open, High, Low, Median (high+low)/2, Typical (high+low+close)/3, Weighted Close (high+low+close+close)/4. Alert - enable/disable alerts. EMail - enable
Market Sponge EA is a fully automated Expert Advisor based on the RSI indicator and a custom home made algorithm who constantly analyzes the market to determine the best times to place orders that are confirmed by the RSI. This one is fully parametrable which gives you a great control over what the EA can do. Use this EA on EURCHF with the default settings if you want to use it on another Symbol you will need to optimize parameters. Basic settings are optimized and I will update them every 6 mon
Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
LevelUP is a fully automated Expert Advisor trading robot. It applies cutting edge "Key level Break Out" strategy. Slippage and trade execution delay can’t be avoided for breakout trading system. However, LevelUP applies pending orders instead of market orders to improve those issues. Also, LevelUP implements algorithms for limiting its trading hours and you may specify the most effective trading hours based on your optimization. And there is trailing stop system to secure accumulated profits. W
Grid Expert Advisor with floating step. The strategy of this EA is based on the main idea of trading - "Buy Low & Sell High". Pending orders "slip" behind the price in order to open a buy or sell order at an optimal price. The EA has several tactical techniques to reduce the loss.
Features Grid Expert Advisors have a serious drawback. It consists in the fact that there is a high risk of the deposit drawdown as a result of imbalance in a large number of BUY or SELL orders. This EA contains prote
STO Currency Strength Meter uses Stochastic Oscillator to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. It displays the strength-lines of the currencies of the pair (base and counter currencies of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool". If you want to look and compare, for example, EUR, USD and JPY, it will only look at the EURUSD, USD
Better Scroll enables and disables MT4's AutoScroll feature when you scroll, making the feature feel more intuitive and convenient. No longer will you have to manually enable and disable AutoScroll or have it take you to the end of the chart because you forgot to turn it off when you were backtesting or looking at historical price data. Summary
AutoScroll is DISABLED when:
Mouse Click+Drag left (past currently open candle) Mouse Wheel Scroll left (past currently open candle) Page Up Key pressed
The Elize Expert Advisor has been designed to work with the EURCHF currency pair. It considers the peculiarities of this trading instrument, its behavior and dependence on the behavior of other currencies. In particular, when the currencies of the European countries (EURUSD, GBPUSD, EURNOK, EURCHF) move in the same direction, the EA starts its operation and opens a deal in the trend direction of the European currencies. In the event of price rollbacks, the EA uses a unique method for making the
Quantina Multi Indicator Reader can analyse up to 12 most popular and commonly used together indicators in seconds on any timeframe, on any currency pair, stocks or indices. On the chart panel you can easily read each indicators default meanings and also there is an Indicators Summary on panel.
Features 1 file only: Quantina Multi Indicator Reader is 1 file only. No need to install other indicators to work. It is using the built-in indicators from MetaTrader 4 terminal. Detailed Alert Message:
Introducing Early Morning Scalper ATR: Precision Trading During Asian Forex Market A breakthrough in forex trading automation, the Early Morning Scalper ATR Expert Adviser offers a fully autonomous solution meticulously engineered for a specific window of opportunity—the early hours of the Asian Forex market. At its core, this innovative tool employs an advanced algorithm that orchestrates forex trading seamlessly. Augmenting its prowess are sophisticated internal indicators, which deftly ident
Introducing Mr. Fibonacci , an amazing indicator designed to simplify the process of drawing and adjusting Fibonacci levels on your chart. This indicator offers exceptional customization options for professional traders, allowing them to draw any Fibonacci level with precision. Additionally, it provides mobile notifications, email alerts, and pop-up alerts when price enters Fibonacci levels, ensuring you never miss potential trading opportunities. Using this indicator, you no longer have to cons
This long-term trading system works on 12 pairs and 4 timeframes . The Expert Advisor uses various trading systems, such as trend trading, counter-trend trading and others. This increases the chances of sustained growth and reduces exposure to a single pair or individual operations. The risk is tightly controlled.
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The EA has the built-in smart adaptive profit taking filter. The robot has been optimized for each currency and timeframe simultaneously. It does not need arrival of every tick and
Overview It only needs a small initial deposit. Suitable for multi-currency trading. Immunity to the large delay and the size of the spread. Monitoring of my accounts : https://www.mql5.com/en/signals/author/mizrael
How it works After launching the EA on a chart, the EA remembers the first order's Open level. The EA sets a Sell order grid above it. A Buy order grid is set below it. If the total profit of Buy and Sell orders exceeds the value of the Profit parameter, the EA closes the order d
The Expert Advisor is based on a breakout strategy. Market entry signals are generated when the price crosses the border of a certain price range. We created the strategy using historical data with the 99.9% quality data over the past 15 years. We have selected highest-quality signals and eliminated low-quality ones. The EA performs technical analysis and takes into account only those breakdowns that show the best result. The EA uses filtration of false signals. It uses an adaptive trailing stop
Features: Generates BUY / SELL Signals for easy to use: You do not need to read or understand market trend lines on indicators. Quantina Bitcoin Indicator shows a little Red Arrow for SELL and a little Green Arrow for the BUY entry points above- and under - the actual bars. (Green = Bullish Trend , Red = Bearish Trend). Measured Signal Strength also has written on the chart for advanced traders. Working on every known currency pairs: It's working on major-, minor-, and cross - pairs too. Also, Q
IMA Recover Loss is the expert advisor based on moving average and some technical indicators. This concept uses statistical tools that help in price analysis. By creating a trend line to find trading signals. This expert advisor has developed and improved the moving average to work well with current data and reduce delays. Long and Short Trade Signals: The method for using the Multiple Moving Average indicator is to trade a basic moving average crossover system using all of the MAs. This system
Do you need detailed info from different magic numbers trading on the same account? This is your product. Detailed Magics, allows you to know profit, profit factor... of each magic number, so you will know which strategy is working best. Here are the specific information provided for each magic number: Profit. Number of trades. Profit factor. Expectancy (average pip per trade). Recovery factor (profit/drawdown). Max drawdown. Days that this magic number is trading on the account. Number of trade
Requirement for the EA use: the EA needs a low spread (recommended spread value is 2) and minimum slippage! Systems that operate based on Bollinger waves signals are considered to be among the most popular well performing systems. This Expert Advisor belongs to such systems. In addition to Bollinger waves, the Expert Advisor uses the following indicators: Stochastic, RSI and Moving Average. Recommended Expert Advisor operation time is from 00:05 to 08:00 (the interval between the close of the A
Bollinger Bands are volatility bands plotted two standard deviations away from a simple moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands expand when volatility increases and narrow when volatility capturing 85%-90% of price action between the upper and lower bands.
How it Works Knowing that the majority of price action is contained within the two bands we wait for price to break out of either the upper or lower band an
If you want to add a pattern indicator to confirm the market movement you are in the right place, this indicator permit to detect some famous candle patterns Hammer, Inverted Hammer, Shooting Star, Hanging Man and Engulfing patter that can be highlighted on your chart once the patters occurs. Up, Down arrows are traced at the beginning of the new bar each time a pattern is detected.
Parameters Body to Bar Fraction (%) : the body size / the candle size (20% by default) Max Little Tail Fraction (
The Expert Advisor is easy to use. The EA operating principle is to start active trading, to open several orders in different directions and to close them by averaging.
Advantages Easy to use. Reasonable price. Customer support. Works with any signal delay and any spread value. Trades using pending BuyStop and SellStop orders.
Recommendations It is recommended to stop the Expert Advisor operation during important news releases. The EA is recommended for use on one of the major currency pairs.
This indicator analyzes in parallel price charts for multiple currency pairs on all timeframes and notifies you as soon as a double tops or double bottoms pattern has been identified.
Definition Double Top / Double Bottom pattern Double Top is a trend reversal pattern which are made up of two consecutive peaks that are more and less equal with a trough in-between. This pattern is a clear illustration of a battle between buyers and sellers. The buyers are attempting to push the security but are
MMM ADX & Bollinger Bands strategy: This EA's strategy combines 2 built-in indicators to enhance its signals and decide to open a new order at the right time, there is an ADX indicator and you may choose its signal's strength and a Bollinger Bands indicator confirms the trends and a MA to check if the prices are deviating from its pattern. By joining both indicators' data and the moving average, it is possible to calculate quality signals, avoiding sudden market movements against your trading op
The EA is based on price crossing the High or Low of a Moving Average. Advance Fractal profit taking method. Advance stop management option based on explosive candles (Big Candles). Loss recovery system making recovery of losses easier. Configured the EA to match your trading style. Scalping, Swing Trading or Trend Trading. Three custom trailing stop options. Explosive candle stop management with partial closure. Advance fractal partial close profit taking Two indicator filters Time filter wit
The Three MA Alert indicator is an essential tool for traders who rely on the Moving Averages Crossover Strategy . It simplifies your trading life by sending notifications to your mobile device, email, and displaying pop-up alerts with sound whenever there is a crossover of three moving averages. By following this widely used technique, you can ensure that you are always on the right side of the trend and avoid trading against the prevailing market direction. With the Three MA Alert indicator, y
CCI Currency Strength Meter uses CCI (Commodity Channel Index) to monitor how strong a currency is, or in other words, if it's being bought or sold by the majority compared to the other currencies. If you load this indicator on a chart, it will first display the strength-lines of the currencies (base and counter currency of the chart) with changeable solid lines. Also, you can add up to five additional currencies to the "comparison pool," that already has the base and the profit (counter) curren
This Expert Advisor is designed for use on all currency pairs on any timeframes. Candlestick analysis from different timeframes is used for opening positions. Positions are closed using the automated trailing system or by an opposite signal. The EA does not have input parameters affecting the trading algorithm. Timeframe: any (candlesticks from M15 to H4 are used) Currency pair: any (it is recommended to simultaneously use at least 4 major currency pairs).
Parameters LotSize - lot value paramet
FX Master Expert Advisor opens positions at breakthroughs of support and resistance levels.
The EA trades during both trend and flat movements with no need to adjust parameters.
The EA uses the minimum stop loss (250 points) allowing the efficient use of funds and risk management.
Working timeframe: 1H
Recomended params for trading - all default values, excluding Filtration: AUDUSD=8, EURUSD, GBPUSD, USDCAD =12, USDCHF = 28
Note! Use "Every tick" mode when testing the EA!
Inputs Fix_Lot
Quantum Theory is a fully automated Expert Advisor based on the principle of scalping in the distribution of data in the sample and the distance between individual data points to the mean or average sample values. In Statistics, the data area between +/- 1 standard deviations will be 68.2%, the data area between +/- 2 standard deviations will be around 95.4%, and the data area between +/- 3 standard deviations will range from 99.7%. The Expert Advisor works with Stop loss, The Larry Williams Per
The Expert Advisor generates trading signals based on the values of the FractalDivergence_Patterns indicator. A Buy signal is generated when the indicator detects a support level, and a Sell signal is generated when the resistance level is found (see Fig. 1: blue arrows show buying, red arrows show selling). The Expert Advisor does not require the indicator to be additionally used, and can display the appropriate support and resistance levels.
Parameters The "Fractal divergence parameters" bloc
The Expert Advisor trades using trendlines. You should draw a trendline on a chart. The name of the line should be in the following format: "Trendline" space digits. This is the default name used when a line is drawn on the chart, please do not change it. The EA supports two types of trading using the trendlines: a breakout strategy and a roll back strategy. A trade signal is generated on the last but one bar (the completed one), if its open price is below/above the trendline and its close price
This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. With adjustable Fibonacci range and has an alert function.
What is Pyramid Trading Strategy? The basic concept of pyramiding into a position is that you add to the position as the market moves in your favor. Your stop loss moves up or down (depending on trade direction of course) to lock in positions. This is how
This indicator is a proof of concept of pyramid trading strategy. It draws fibonacci level automatically from higher high to lower low or from lower low to higher high combinate with Pyramid Trading Strategy for better risk reward ratio. What is Pyramid Trading Strategy? The pyramid forex trading strategy is a something every forex trader should know about because it makes the difference between making some pips with some risk in only one trade or some pips with less the risk by applying the pyr
The indicator shows buy or sell on the screen when it catches a signal with its own algorithm. The arrows warn the user to buy or sell. Pairs: USDCHF, AUDUSD, USDJPY, GBPJPY, EURUSD, GBPUSD, EURCHF, NZDUSD, EURCHF and EURJPY. You can test the indicator and choose the appropriate symbols. The best results are on M30.
Parameters AlertsOn - send alerts AlertsMessage - send a message AlertsSound - sound alert
AlertsEmail - email alert Buy color - buy color
Sell color - sell color
The RightTrend indicator shows the direction of trend and reversal points (market entry and exit points). It is very easy to use: open BUY deal when the up arrow appears and open SELL deal when the down arrow appears. The indicator generates accurate and timely signals for entering and exiting the market, which appear on the current candle while it is forming. In spite of apparent simplicity of the indicator, it has complex analytic algorithms which determine trend reversal points.
Inputs stren
Key Features This application is designed to quickly place a pending order or open a position at market. The position volume will be calculated automatically according to the risk settings. This application also manages orders and positions. Everything is simple, you only need to specify the price of the order (or position by market) and stop loss. The type of the pending order is selected automatically depending on the logic of the relative location of the current price, pending order price and
The Commodity Channel Index (CCI) is an oscillator that is often used by forex traders to identify oversold and over bought conditions much in the same way as the RSI or Stochastics.
How it Works The idea behind this indicator is simple, we wait for price to reach an extreme (overbought or oversold) and then trade when price appears to change direction in the hope of catching a move out of the area. Buy signals - The indicator waits for the CCI to become oversold (a value below -100). The indic
With My Fx STATISTICS you will be able to see your account´s performance directly on the chart of Metatrader 4, and refresh the data even every minute. No need of external analyzer webpages. Information provided: DAILY, WEEKLY AND MONTHLY PROFIT. PROFIT FACTOR % OF PROFITABLE TRADES AVERAGE PROFIT / LOSS TRADE (MONEY AND PIPS) BEST PROFIT / LOSS (MONEY AND PIPS) EXPECTANCY (AVERAGE PIPS PER TRADE) AND ALSO YOU WILL SEE THE ACTUAL PROFIT OF EACH CURRENCY PAIR
Input parameters
Refresh_data_minute
The indicator shows when every market session starts and finishes in colored frame box. It includes the Stop Hunt Boxes which shows pockets of liquidity, found at places where traders put their stop losses on existing positions. Contains EMA crossover alert on 50 EMA , 200 EMA and 800 EMA . It can be used in many Forex strategies and for easier observe of the chart.
Indicator parameters NumberOfDays - period of drawing the frames, default is 50 days; Draw_asian_box - draw the box of Asian sess
White Scalper is a fully automated Expert Advisor that uses a highly accurate scalping strategy. It works on all symbols and timeframes.
White Scalper advantages Flexible settings allow you to use the EA on virtually any instrument. No long stagnation period. Good testing results since 2000. No outstaying the losses. All trades are closed within a few hours. The Expert Advisor does not use hedging, martingale, grid strategies, arbitrage, etc. A stop loss is always set.
About Extreme settings T
Fix M15 is a fully automated short-term trading robot. The EA does not use hedging, martingale, grid strategies, arbitrage, etc. Fix M15 opens a trade during the Asian session in a narrow channel defined by MA and RSI indicators. Only one trade per one pair can be opened on the market at each given time. It can be closed by a certain TP, SL or after a certain time (set in the EA settings). Basic EA settings are configured for trading GBPUSD М5 for the terminal set to GMT+3 (summer time). The EA
Overview It only needs a small initial deposit. Suitable for multi-currency trading. Immunity to the large delay and the size of the spread. Monitoring of my accounts : https://www.mql5.com/en/signals/author/mizrael
How it works The EA opens orders based on a built-in indicator. The EA determines the order with the greatest negative profit each tick. Then it determines the total profit of Buy and Sell orders on each currency pair. If the total profit of Buy or Sell orders on each currency pa
This is a fully multi-timeframe version of the Commodity Channel Index standard indicator, which works for any combination of timeframes. The indicator preserves the correct time scale for all charts at any intervals. When switching to a higher or lower timeframe, the time scale is not distorted. For example, one value of М15 will occupy 15 bars on М1 and 3 bars on М5 . The indicator allows you to see the real dynamics and the overall ratio for all selected periods, as well as accurately evaluat
This is a fully multi-timeframe version of the DeMarker standard indicator, which works for any combination of timeframes. Like my other multi-timeframe indicators, it implements the idea of saving the right time scale for all charts on any intervals. When switching to the higher or lower timeframe, the time scale is not distorted. For example, one value of М15 will occupy 15 bars on М1 and 3 bars on М5 . The indicator allows you to see the real dynamics and the overall ratio for all selected pe
Magic Moving is a professional indicator for the MetaTrader 4 terminal. Unlike Moving Average , Magic Moving provides better signals and is able to identified prolonged trends. In the indicator, you can set up alerts (alert, email, push), so that you won't miss a single trading signal. MT5 version can be found here You can test the program by downloading the demo version: https://www.mql5.com/en/blogs/post/749430 Advantages of the indicator Perfect for scalping. Generates minimum false signals.
This indicator shows the main trend on the current chart.
Features This indicator includes two bands, one is the inner white bands, another is the outer blue bands. If the white dotted line crosses down the white solid line, this means that the trend has changed to be bearish. If the white dotted line crosses up the white solid line, this means that the trend has changed to be bullish. Once the crossing happened, it will not repaint.
Settings ShowColorCandle: if 'true', it will show the color
The indicator shows the trend of 3 timeframes: higher timeframe; medium timeframe; smaller (current) timeframe, where the indicator is running. The indicator should be launched on a chart with a timeframe smaller than the higher and medium ones. The idea is to use the trend strength when opening positions. Combination of 3 timeframes (smaller, medium, higher) allows the trend to be followed at all levels of the instrument. The higher timeframes are used for calculations. Therefore, sudden change
The Expert Advisor trades based on levels set by the user or an indicator (three indicators are built into the EA). The EA requires two lines for correct operation: one must be higher than the current price, and the other must be lower. The EA supports two line types: horizontal and trend lines. The two lines may have the same or different types. Lines can be used to draw a channel and set the EA to trade within the channel: buy at the lower line and sell at the upper line. It is also possible t
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