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Expert Advisors and Indicators for MetaTrader 4 - 37
The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on M1 chart. Does not need historical data. It does not use : Martingale. Grid. Hedge.
Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLoss
This is a multi timeframe indicator to show the direction of the trend in multiple timeframes. The calculations are based on some original indicators but with special settings that is working for years and in combination with some newer indicator formulas. The indicator has multiple arrows based on various timeframe signals so that user can clearly see which signal is for which timeframe. Also draws horizontal lines with different thickness settings and colors from various latest signals so that
Trend CruiserGT (for CAD/CHF) It is a swing trading system that trades on CAD/CHF currency pair on 4-hrly chart . The EA is custom designed to take advantage of the start of rising Canadian dollar in 2017, after seeing over 7 year period of downtrend against the Swiss Franc (CHF). The design of the EA have taken consideration of fundamental analysis over last several quarters for the CAD and CHF counterparts, and analyzing the multi-year chart pattern of this pair. The strategy will take full ad
The Expert Advisor trades two strategies, each designed for a particular market behavior. Using both strategies allows you to cover a significant range of trading time and get high and stable results. The Channel strategy is based on the principle of scalping within the channel bounds, during periods of low volatility. Trend strategy builds on the principle of following the trend in during the high volatility hours. The trading periods are selected based on the statistical and fundamental analys
TickStorm is the result of a 6 months team research and integrates a new approach in the art of ticks analysis. The EA operation algorithm uses retracements velocity to decide if there is a trading opportunity or not. These retracements are spotted by analyzing several ticks matrices on different periods of time and confronting them together in order to gain an edge over the market. We developed new tools to efficiently detect any unusual activity and we created an original and adaptive closing
GOAL TIME is an expert advisor based on the notion of time, it studies the change of price according to time, and it finally detects the best time to execute a good order. The EA is based on an indicator that draws a price curve in relation to time, this curve is deduced by an algorithm that analyzes old data. Then, the EA exploits the generated curve and executes the correct order. In case of incorrect choice, the EA has the mission to limit the losses. After a thorough study of this strategy o
Breaking News Expert Advisor is a state-of-the-art news trading system. The EA analyzes the market during the most critical news announcement periods and determines the entry levels based on the finding of price fluctuations during that periods. The direction of the trade is determined by the EA's clever adaptive system. The unique clever way the EA auto-manages your trades cuts drawdowns to the minimum enabling you to start with a low balance like $50. The EA has a minimum set of inputs for sim
This Expert Advisor is a combination of different Forex strategies. Hedging - The use of this strategy is two-fold. First, it used to minimized drawdown of losing trades. Second, it is used to lock-in profit of winning trades. Scale-in - This method is implemented to increase profit of winning direction. Averaging - This method is implemented to factor in both winning and losing trades and to make sure if all trades are closed with positive profit.
Environment Broker : The EA can work with ECN,
Think of the rarest pair you can think of. And I assure you that this indicator can compute it's strength. This Currency Meter will literally calculate any currency pairs, either it is the Major Pairs, Metals, CFD's, Commodities, Crypto Currency like Bitcoin/BTC or Ethereum/ETH and even stocks. Just name it and you will get it! There is no currency pair this Currency Meter can solve. No matter how rare or exotic is that currency, it will always be solved by this Currency meter which on a real-ti
The Grid Trader Expert Advisor is a very special algorithm that allows traders to benefit from sideways markets. It trades long and short sides separately and creates two different grids according to its setting. Each side has its account and virtual take profit, determined in money. EA also uses virtual stop loss based on the account's percentage amount. Traders can work with a classic grid where the distance between orders is fixed or choose a more "adaptive" dynamic grid with ATR-based d
This Expert Advisor focuses on trading candle spikes. A position is opened if the market starts a correction after generating a large spike. This consolidation is used to enter a trade before an upcoming momentum. TakeProfit and StopLoss are calculated and set by the robot for each position based on the current volatility. Your advantages with this system: No martingale, no scalping & no hedging. Backtest results since 2013. Risk calculation: You can enter your dollar loss. The lot size will be
This type of EA does not open orders itself. (in backtest mode it open random orders for visualizing, how EA works) This utility is for manual trader, who like trading with Trailing Stops and want automatically trail stop loss of opened positions by preferred algorithm. This EA using one of the seven algorithms (MA, Fractals, SAR, ATR, Movement of Candlesticks, Profit and Points) to catch the trend. You can specify a breakeven level to move stop loss of your opened positions. You can filter ope
SimpleStop is a utility for professional traders: full support for the strategy tester for manual trading (Backtest) - placing, dragging, deleting orders (also available in the demo version); placing orders in one click at the price with no limits on the maximum allowed offset level, as well as in a closed market. The EA places an appropriate order at the appropriate time - stop, limit or opening a position by market within the maximum slippage; automatic Money Management; automatic placement of
This is an EA trading strategy that tries to recover the lost trade. This tactic helps in just the right direction once and the profit takers will be able to stop the previous loss. The game is restarted. It works based on the trend and automatically closes if the trend reverses. Simple configuration, easy installation, complete automation. Before you start using EA in your real account, you should find out how the system works in Backtest mode.
Requirements and recommendations Deposit min 10.0
Jupiter EA is a fully automatic trading system to capture short-term market fluctuation. It applies Box Theory into forex market. At first it identifies trend in medium term, then recognizes the resistance position of the box in short-term. When the price breaks the resistance position, the EA will open trades following the medium-term trend and against the breaking direction. It also uses grid method to increase winning chance, but it is not as dangerous as people think a grid EA should be. It
Salva EA is an advanced and fully automated system, which passes backtesting since 2005. The basis of this strategy is the price chart itself, trading is performed based on the price movement range. Dynamic algorithms and filters are used for taking profit or closing trades. Built-in reworked system for filtering market entries and exits: Checking the trading direction using integrated trend indicators. Checking the channel range for the minimum and maximum values. Checking for the price exceedi
This Expert Advisor focuses on trading breakouts of fix defined structures during the opening in Europe. Similar patterns lead to similar results. TakeProfit and StopLoss are calculated and set by the robot for each position based on the current volatility. For risk minimization the Stop gets trailed once before reaching the target. therefore there are three different ways a trade can result: TakeProfit, StopLoss & TrailingStop. This fact makes it easy to analyze and calculate all positions of t
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!! READ SETUP GUIDE BEFORE RUNNING THE EA !! -> https://www.mql5.com/en/blogs/post/705899 Other Live results : https://www.mql5.com/en/signals/1931084
Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-algorithms and has a build in spread-filter and slippag
This panel is an Expert Advisor, which provides six groups of trading panel. MT5 Version: Quick Panel Hedging
Features Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. The EA can run on visual chart on the strategy tester, which provides an easy method to practice trading on history data. Click the mouse to quickly modify the stop loss and take profit (cannot be used for backtesting) Show the average
This Expert Advisor is a professional trading tool, which integrates a flexible risk control and six groups of trading panels. MT5 Version: Quick Panel Pro Hedging Features Calculating lots is easy and fast: move the StopLine, the calculation is processed immediately Most trading operations can be quickly made by clicking the button on these panels. Changing panels is quick just by clicking the green button. The EA can run on the strategy tester, use this feature to do training or review your s
This indicator was created to spot potential reversals in the market. The Pinbar, or Pinnochio Bar, pattern is a a great candlestick pattern which can yield good trading results if traded properly. The idea behind this pattern is that price tries to trick us into thinking the wrong direction. When a Bullish Pinbar for example has formed, it tries to convince us price is going higher but in reality price is going down at the end of the bar. These patterns can be powerful reversal signals when use
The Basket expert advisor can open up to 10 trades at once. It was developed for basket traders who need to open a lot of trades on many different pairs. Expert advisor allows to set a take profit and stop loss as a value in money for each basket trade. This EA is also equipped with hedge functions and allows traders to use the Classic hedge strategy or Sure-Fire strategy, also known as "Always in profit".
Main features Opening multiple trades simultaneously EA Works on any market (forex,
Hello, this EA is designed to scalp the market in the direction of the trend. I give you the ability to modify a lot of parameters in order to optimize the EA on different assets and timeframes. As a matter of fact, I noticed that the strategy is relatively adaptable among some Forex pairs and some assets from the daily timeframe to the 5 minutes one. I hope that you will be able to diversify your portfolio thanks to this skill. All backtests are done with a real tick database.
Parameters OBlon
This long-term trading system works on 10 pairs and M5 timeframe. It uses various trading systems, such as trend trading, countertrend trading and others. This increases the chances of sustained growth and reduces exposure to a single pair or individual operations. The risk is very controlled. The settings are very simple, there is no need to change them. Optimization is not required as well. Realistic management of internal adjustments. Instead of trying to find the exact values that fit the h
The Effort and Result indicator is based on the work of Karthik Marar; a volume spread analysis trader. It compares a price change (Result) to the volume size (Effort) for a certain period. By comparing the effort and result, we can get more information about the future price movement. Both values are normalized and converted to a scale of 0 - 100 % based on a selectable look-back period.
This indicator is also known as the Effort Index.
The law of effort and result The law of effort vs.
The Expert Advisor trades the signals from an artificial neural network with one hidden layer. Presence of a signal is checked at the closing of the specified period. MAIN PARAMETERS Net option - setting the order grid. When placing a market (not pending, Pending order offset=0 ) order according to a signal, the grid order is set. The following direction are available: follow the trend , against the treand and both directions . The number of placed orders is taken from the ...maximum deals with
The Expert Advisor of the Forex Fraus family, the system is designed for scalping and adapted for the accounts with fast execution of orders.
Operation Principle It buys and sells based on the values of the internal indicator; When a signal is received, the orders are opened by injection, using tick data; Always sets a stop loss; Positions are closed by Trailing Stop; Not closed positions are closed at the opposite trade; Built-in adjustable risk management block. Depending on the balance, it m
This is a simple but sophisticated scalper designed to grab the big, quick moves - always ready to pounce. The STALKER ELITE works by waiting for when the market starts moving quickly and then pounces with quick acting trades. It does this by placing pending buy and sell stop orders above and below the current market price and regularly updates these orders regularly to ensure no false triggers. If the market has a sudden move in any direction, one of these trades will be triggered and the money
This system was developed to work with a large number of sets and after a certain time it showed itself well when working at the close of trading on Friday. As a result, this direction of trading became the main one for working with this Expert Advisor. However, you can create your own trading settings and choose any day of the week for trading. The collection of settings sets can be expanded. Currency pairs for which sets are developed: EURUSD, EURCAD, EURAUD, EURNZD, GBPCAD, GBPAUD, AUDNZD, GB
The EA has two strategies, each designed for a particular market behavior. Using both strategies allows you to cover a significant range of trading time and get high and stable results. The Channel strategy is based on the principle of scalping within the channel bounds, during periods of low volatility. (Modified strategy from version 1.1) Trend strategy builds on the principle of following the trend in during the high volatility hours. (New Strategy) The trading periods are selected based on t
This is an efficient and yet simple Expert Advisor not using indicators, which can determine the following: the future direction of movement of quotes, their strength, trade levels for the current and next trading day. The Expert Advisor runs on the "here and now" principle, which means that the EA tracks a lot of parameters of the price behavior in real time. Based on this Expert Advisor, a certain trading strategy was developed and tested in real time. The ELEMENTARY strategy consists of three
The Expert Advisor is based purely on price action analysis and applies three combined adaptive trading algorithms using pending orders. The robot follows the market price removing "noise" and selecting the most suitable trading strategy. The EA features dynamic trailing stop and brerakeven. The robot works with five-digit quotes. Economic news are used. Monitoring : https://www.mql5.com/en/signals/author/profi_mql . Optimized for EURUSD, AUDUSD, GBPUSD, USDJPY, NZDUSD, EURAUD / H1. For the EA o
Spike missed? The EA_Spike reacts to spike and uses the RSI indicator as filter. The trade selection and frequency is set with Barlength, TradesperDay and the RSI. The expert advisor is open for many underlyings and all chart periods. It feels most comfortable in a portfolio and can run on several charts with various settings at the same time. You will find suitable settings with the optimization.
Backtest Examples as screenshots. Based on tick data .
Inputs The setting options of the EA are:
Strx Super Grid is a grid system with many advanced features. It places the first 2 orders as BUY_STOP and SELL_STOP distanced from current price by the GridPoints specified; when an order becomes active, the other is canceled. User can also choose to open immediately a position or a pending order via the new FirstImmediateOrder input. If GridPoints is 0 (default), grid is auto-sized based on last 500 bars (max-min closes) divided by MaxOrders input parameter. If trade becomes profitable, after
The Expert Advisor uses 3 different strategies based on news fluctuations. The EA downloads the news from economic sites. The EA takes into account only HIGH and MEDIUM impact news and trades on their basis. The EA uses a smart profit taking system. It was backtested and optimized using real ticks with 99,9% quality. Monitoring : https://www.mql5.com/en/signals/author/profi_mql . Optimized for EURUSD, AUDUSD, GBPUSD, USDJPY, NZDUSD / H1 For the EA to work correctly, open Tools > Options > Expert
This is no martingale, grid, hedge or other averaging strategy. This expert is a classic break-out-strategy with special filter. It monitors market movements and set pending trades. If not activated in a certain time frame, new levels are set. On activation the experts trails the trade very closely. Every trade is protected by stop-loss. Best trading times are while London and USA is open. We suggest – and have tested it with – EURUSD and GBPUSD We also suggest a VPS with very fast ping times an
A High Frequency Trading System, which trades when the market is at very high volatility. It uses several unique indicators to detective the price fluctuation in very short terms, open an order when a breakthrough takes place, and capture several pips instantly within a few seconds. Every pending order has a inherent stoploss, and every existed order has a trailing stop to preserve the capital. Please notice that the performance of the EA depends heavily on your choice of Broker and VPS. It is
Advisor uses 6 trading strategies you can customize each strategy separately. Powered by 7 pairs and 1 timeframe M1 and uses a variety of trading systems. This increases the chances of stable growth and reduces the influence of one pair. The robot uses intelligent averaging system. Advisor is able to self-adjust their work. Instead of searching for values satisfying historical prices for each pair, the adviser uses the values effective on all cylinders, which increases the likelihood of good
The Expert Advisor uses an averaging system and various indicators for determining signals. The Expert Advisor does not open positions during news releases. The EA has been optimized for the currency pairs / timeframe М15 : EURUSD, USDCHF, USDCAD, NZDUSD, AUDCAD, CADCHF, AUDCHF, AUDUSD.
The EA works with any broker. For the EA to work correctly, open Tools > Options > Expert Advisors. Check the option "Allow WebRequests for listed URL:". Add http://ec.forexprostools.com , http://time.is/UTC an
This expert trades on price action. It does not use signals from indicators but creates a statistics-based custom channel for entry and exit of trades. Due to independence of indicators, the expert can be optimized for several currency pairs and trading times. Each trade position is protected by stop-loss, both hidden and visible. No martingale, hedging or grid. The expert uses 3 different strategies within the same channel for entry and exit. Each opens only 1 trade at a time. Please find a sig
The Expert Advisor trades the signals from an artificial neural network. Network with one hidden layer. Presence of a signal is checked at the closing of the specified period, which significantly increases the optimization and testing speed. It differs from the previous version by a number of additional features: works with pending orders; subsequent trades are opened with a lot increased by the specified step; moves the trade to breakeven a specified time after it was opened; closes trades at t
A scalper system only work during Asian hours. Several unique indicators to detective the price fluctuation. Dynamic TP/SL level according to market conditions. Fixed stop loss to protect the capital, very low risk of losing a lot of money. No need to obtain SET files. The parameters are the same for each currency pair. It is optimized to work on GBPUSD . It is recommended to use it on M15 chart. It is recommended to run it on FBS Zero Spread Account . It is recommended to do 99.9% modeling qua
Time Scalper is a multi-currency Expert Advisor, which works on many symbols and M1 timeframe. The Expert Advisor does not use high-risk trading strategies like Martingale. EA works with Stoploss, Breakout, Pull back,Takeprofit, Next Trailing Stop with Neural Network Technology and Calculated through the last price every one minute not every tick. This made the decision that you do not have to worry about backtest results.
For Customers Please write the author in private message to know which p
Trend Compound is a trend indicator using a mix of 3 internal other indicators. Please have a look at "how to test in the tester" at the bottom of this page before to test. It's designed to be used by anyone, even the complete newbie in trading can use it. Trend Compound does not repaint . Indications are given from close to close. Trend Compound can be used alone , no other indicators are required.
Trend Compound indicates Where to open your trades. When to close them. The potential quantity o
Medium-term trading system that tries to profit during the price rollbacks after significant movements. The EA is effective on the EURJPY pair. It was backtested using real ticks with 99.9% quality. The Expert Advisor has successfully passed testing with conditions approximated to the real market conditions, and it has a minimum of parameters for optimization, which eliminates the possibility of curve fitting. It is possible to trade in manual mode using a simple on-screen panel or in fully auto
RSI EA Revolutionize Your Trading with Our Cutting-Edge RSI E Expert Advisor Tired of spending countless hours analyzing charts? Our advanced Expert Advisor, powered by the robust RSI E indicator and equipped with a sophisticated trailing stop loss feature, offers a fully automated solution to your trading needs. Key Features: * Fully Automated Trading : Set it and forget it! Our EA executes trades based on precise signals generated by the RSI E indicator. * Advanced Risk Management : Protect yo
The EA can trade multiple currencies. Please check our signals ( https://www.mql5.com/en/users/ugur-edin/seller ) for detailed information. No grid or martingale! No manual configuration or adjustment needed! Every trade is protected by stop loss. This Expert Advisor only trades for a short time frame at night, during the ending of the New York session. It uses low volatility moments and enters trades based on indicators. It then manages those trades with dynamic stop losses and take profits als
***** Unlocking the Expertise: EA Source Code for Dedicated Learners
***** Commencing from November 2021 , the "EA + source code" version is at your disposal,
***** allowing those who purchase (not rent) this EA to explore its inner workings.
*****T o acquire the source code, kindly direct your request, along with purchase information by sending messages to me.
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The Expert Advisor uses an advanced adaptive trading strategy with a neural network based on a position averaging. The strategy for opening the first trades is based on the price rate of change. The neural network is based on a single indicator - the weighted average percentage of the Open price, the High price, the Low price and the Close price. To filter trade opening in the order network, perceptrons are used. A common trailing stop of open positions by money in a deposit currency or profit %
Grid EA with a strategy based on the price action. It is designed for 4-5-digit quotes. VPS server is recommended. Timeframes do not matter. Recommended minimum deposit – 1000 units of the base currency. Recommendations Backtesting and optimization should be performed on quotes with 99.90% quality. With slippage and commission approximated to the real market conditions. Before using on a live account, test the EA with minimal risk; Low spreads + commissions + high quality execution are important
Trend Expert Advisor with a strategy based on trading in the price reversal areas. No grid, no martingale, uses a fixed stop loss and take profit. It is designed for 4-5-digit quotes. VPS server is recommended. Timeframes – M5-H1. Recommended minimum deposit – 500 units of the base currency. Recommendations Backtesting and optimization should be performed on quotes with 99.90% quality. With slippage and commission approximated to the real market conditions. Before using on a live account, test t
This robot works hard silently and trades while you are sleeping. That is why it is called Forex Night Trader . The Forex Night Trader only trades when the market has low volatility at night, so it is not affected by sharp price swings on the market. This robot can trade multiple pairs at the same time on a single chart. It was backtested and optimized using real ticks with 99.9% quality. Its backtest passed the hardest periods of the market over 6 years (from 2010).
Features Fully automated tr
Compact Scalper is an Expert Adviser (EA) totally automatic that works by a little period of time each day. It has an advanced algorithm that use the price like the principal indicator. Our system has a preset Stop Loss and Take Profit, but Its principal close system is, the dynamic close, considers the price where the order was opened and the subsequent behavior of the price, closing the orders when the conditions leave to be the appropriate. Each broker has its operation therefore can not act
Automatically scans the chart to find Harmonic Patterns, and give you the chance to enter early in good operations. Also if selected, it will alert you in advance when future patterns appears, showing you a projection of a posible future pattern. The main goal for this algorithm is to determine with high precision the moment when a trend ends and a new one begins. Giving you the best price within a reversal. We have added the "Golden Trade", we define it as the perfect order: For those orde
Small trading panel for managing orders and positions in 1 click for MetaTrader 4 Version for MetaTrader 5 here Set hidden TakeProfit, StopLoss and pending orders at lines placed on the chart Work on time on the news Backtesting manual strategies in the tester Placing virtual orders Playing a sound signal when the price reaches a level Automatic closing of all positions on the account or symbol by the total take profit in the deposit currency
Description Can be dragged to any part of the chart
Ultimatum Breakout - this trading system uses the strategy of valid breakouts, using multiple custom indicators for eliminating bad signals. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA is fully adapted: calculates the spread — for pending orders, stop loss, trailing stop, breakeven. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. No Martingale. No arbi
The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
Gegatrade Pro EA is a Cost Averaging System with a Sophisticated Algorithm. It is secured by a built-in “ News WatchDog ” system that suspends trading during news events.
Trading Strategy Gegatrade Pro EA is based on the fact that most of the time the price usually moves between the upper and lower boundaries of the trading channel. Basing on this fact, Gegatrade Pro places its first trade, assuming that the price is going to return to its average value and take the profit which is defined. If
The BG Grid is a new generation grid EA. It can also be used for trading single orders without a grid and lot increase. It is most efficient on cross pairs on the М30 and Н1 timeframes. AUDCAD M30, GBPCAD M30, NZDCAD H1, GBPCHF H1. This is a counter-trend EA and it enters the market at the time of a possible correction of the trend. Entries are based on the standard MT4 indicators. As any other grid EA, during a drawdown, the BG Grid places an order grid and eventually closes it in net profit by
The Manual BackTester Panel utility allows to simulate the manual trading in the MetaTrader 4 strategy tester. The panel works only in the virtual mode of the MetaTrader 4 strategy tester. The demo version allows to open and close ten orders, then the program will automatically turn off. The utility has no parameters at initialization.
Panel Description: The panel has Buy and Sell buttons for placing market orders. It is possible to set the Take Profit and the Stop Loss in the TP and SL fields,
The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
The Expert Advisor of the Forex Fraus family, the system is designed for scalping the EURUSD M1 (for five-digit quotes) and adapted for the accounts with fast execution of orders.
Operation Principle Buys when passing 100% of the bearish candle volume and sells when passing 100% of the bullish candle volume; When a signal is received, the orders are opened by injection, using tick data; Positions are closed by Trailing Stop; Not closed positions are closed at the opposite trade; Built-in adjust
EA Innovative PRO is a fully automated EA for Forex trading. It is based on three combined adaptive algorithms. Follows the movement of market price. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA eliminates the extra noise and chooses the most convenient strategy for trading. Dynamically places trailing stop and moves profit to breakeven
[EA] EMAGIC is a MetaTrader (MT4) Expert Advisor designed for use with two basic currency pairs EUR/USD and GBP/USD. With individual settings, it can work very well on other currency pairs as well. The EA implements complete, fully functional and exact mechanical trading strategy, with no place for emotions. It is based on standard MT4 indicators "EMA" and "Stochastic Oscillator". The strategy is working on Timeframe M5 only. It is very easy to set up and supervise. [EA] EMAGIC has a set of uniq
Wave Hunter uses pending orders for trading. It is a scalping strategy for trading breakthroughs. The EA is based on a breakthrough of a channel formed on a specified interval. Wave Hunter uses trailing and breakeven after reaching a few points of profit, thus cutting a possible loss. Wave Hunter always has a fixed stop loss. At the same time, the take profit is unlimited, deals are closed based on a different principle. Trading strategy of the Expert Advisor is the use of the regularity in the
[EA] MECHANIC is a MetaTrader (MT4) Expert Advisor designed for use with three basic currency pairs EURUSD, GBPUSD and AUDUSD. With individual settings, it can work very well on any currency pair as well. The EA implements complete, fully functional and exact mechanical trading strategy, with no place for emotions. It is based on standard MT4 indicators "Bollinger Bands" and "Parabolic SAR". The strategy is working on Timeframe M5 only. It is very easy to set up and supervise.
Features It can b
The Pairs Cross indicator is a unique tool for negatively correlated trading instruments, such as EURUSD and USDCHF currency pairs. It is based on a concept called pairs trading (or spread trading). Our indicator compares the strength of two currency pairs that are inversely correlated and quickly tells you when it’s time to buy the first pair and short a second pair, and vice versa. This is a straightforward approach to trading currency pairs that works very well.
How to you use the Pairs Cro
The Pairs Spread indicator has been developed for the popular strategy known as pairs trading, spread trading, or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, traders can quickly identify when the instruments are too far apart and use this information for trade opportunities.
How to use the Pairs Spread indicator Best results are attained whe
The Currency Index indicator enables traders to display any index of eight major currencies. It uses a special calculation that considers specific currency pairs and their weights.
The default weights are based on the BIS Triennial Central Bank Survey results. Because of this advantage, the trader can see each currency's true strength and weakness.
Note: If the indicator is used in Strategy Tester (demo version), please keep in mind that all currency pairs' data must be downloaded in History
This utility ensures a real-time synchronization of multiple charts. Any event of a graphical object creation/modification/deletion, chart scrolling and zooming is copied from the current source chart to one or more receiving charts. Note: demo-version of this product doesn't work in the backtester! ______________________________________________________________ Settings: Synchronize with - select the receivers: Same symbol - all charts with the same symbol; Same symbol - all charts with the same
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