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Expert Advisors and Indicators for MetaTrader 4 - 52
Trading robots perform market transactions automatically, while indicators allow you to better analyze quotes and predict the price behavior.
With these applications, you will be able to perform deals in MetaTrader 4 in a more informed manner, while capturing more opportunities.
This is a very simple but very powerful strategy. It has a lot of potential. This strategy is based on the popular moving average crossover but with a very interesting twist to it. It has some mechanisms to delay signals untill direction is clear and confirmed. Follow the indication colors and arrows for trade ideas It has a potential winning rate of somewhat greater than 70%. Try it in all timeframes and determine which one is good for you. ===========
FREE
Trade and Account Information Panel The Trade Info Panel allows you to easily see the status of you trading by pair and account. Minimise the panel by clicking on it to reduce the display area. Easily Identify loosing pairs/ instruments traded by the change of header colour. The HEADER change colour should the months losses exceed the months gains.
Displayed information: General Account information Account Leverage Spread Bar Time remaining Account Balance Account Equity Margin Free Margin Ac
AD Trend line draws trend lines on the basis of A/D indicator (Accumulation/Distribution). When A/D indicator breaks a trend line, the probability of the trend reversal is very high. This is a multitimeframe indicator which can display values from higher timeframes. Parameters Time-frame — Select a timeframe; zero is the current timeframe of the chart; Trend Line — Display lines on the chart; Apply to — Apply lines to close the candle's highest/lowest value; Width line — Width of the line; Style
FREE
Are You Tired Of Getting Hunted By Spikes And Whipsaws?
Don't become a victim of the market's erratic moves.. Do Something About It!
Instantly make smarter decisions with Impulse Pro's precise balance of filters and accurate statistics.
Timing Is Everything In Trading
To learn more, please visit www.mql5.com/en/blogs/post/718212 Anticipate the next big move before it unfolds in 3 Simple Steps!
Advantages You Get
Early impulse detection algorithm.
Flexible combination to different tr
TradingInfo shows you detailed Information about your Account. It also shows you your Profit, Trades, Ratio and the Spread of current Chart. With integrated function "Draw Profit" you will get all your Orders drawn with Profit on the Chart. You can use it on any Chart and any Timeframe, also for manual Trading or an EA. With this powerful Tool you have a great overview of your Account.
TradingInfo Inputs Menu Background color - the color of menu Manu Label color - the color of the font Menu in
FREE
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. The version of the exact same indicator but only with sound alerts there - Time Levels with Alerts .
Configurations ----Day------------------------------------------------- DayLevels - enable
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The utility is designed to open Buy and Sell market orders and close all positions. Opening and closing positions by pressing the hot key. How to open and close positions with voice using the utilities of this type, see in the video under the description. https://www.youtube.com/channel/UCTpVWJkEic6TzoXr0qc9RIw/featured The keys "1", "2", "3", "4", "5", "6", "7", "8", "9", "0" send a request to open Buy orders with predefined values Lot , Take Profit, Stop Loss, Magic. The keys "Q", "W", "E", "
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Economic Calendar Viewer
This economic events reader is adapted to load data from a csv file. You can prepare the csv file yourself according to this template, you can do it in notepad or csved. The file should normally be named Calendar-MM-DD-YYYY.csv. And contain lines with data column headers according to this example. In the Impact column, i.e. impact on the market depending on the importance of the event, the names accepted from the least important are: None, Low, Medium, High. In column
FREE
Spread Monitoring is a unique product for analyzing a spread. Unlike most similar indicators, Spread Monitoring uses ticks rather than bars allowing you to detect abnormal spread expansions. Features
Works on ticks rather than bars. Simple and easy indicator configuration. Works on all timeframes. Works on any financial instrument. No repainting.
Parameters
Total - number of displayed ticks. clrSpread - indicator line color.
FREE
Trading with the help of the MACD indicator has become even more convenient. Flexible settings will help you choose what you really need in your trading. Use the strategy that you need - the indicator uses 3 strategies. Download the demo right now! I recommend watching my advisor - Night Zen EA Subscribe to my telegram channel, link in my profile contacts - my profile See also my other products on mql5.com - my products Advantages of the indicator: In this indicator, the interpretation of th
FREE
The support and resistance levels are among the main components of the entire technical analysis. They are used both by professional traders and by beginners. Prices usually move within the price channels. The upper boundary of such a channel is called resistance, and the lower one is support. This indicator plots fractal support and resistance lines at the highest and lowest local price values (fractals).
Distinctive features Does not redraw. Clear and understandable signals. It is possible t
FREE
It is an algorithm to detect trend changes early. You should try multiple values for the Multiplier parameter (1 <value <10 recommended). At first glance you can see effective entries. This is, in fact, one of the rows that Geleg Faktor initially had. But it was removed because it was no longer needed. The other rows were sufficient for G.Faktor's effectiveness, but I still wanted to share this one.
Always test before using it on your live account so that you fully understand how it works and
FREE
如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version.
PA Touching Alert is a tool to free you from watching price to touch certain critical price level all day alone. With this tool, you can set two price levels: upper price and lower price, which should be greater than/ less than the current price respectively. Then once price touches the upper price or lower price, alert and/or notification would be sen
FREE
Take your investments to the professional level with Auto Grid Investor, this expert will place a set of coordinated orders every certain amount of points, taking advantage of the price oscillations, regardless of the direction taken, once the market has changed it's behaviour; Auto Grid Investor also will change the investment parameters on all the orders, managing automatically many more orders than you could control manually. Don't waste time finding out the optimal parameters for the c
FREE
The Practitioner indicator is based on a unique algorithm for analyzing price behavior and presents the result of this complex work in the form of lines. One of the advantages of this indicator is that it automatically changes the color of the line according to the current direction of the price movement.
It is important to note that the indicator has an option to enable alerts when the line color changes. This gives the trader the opportunity to quickly respond to changes and identify new tr
This indicator is SO SIMPLE… when the green Rise Coming arrow appears, a price drop may be on the way! Plain and easy profits! As you receive more than one 'Rise Coming' text signal in a downtrend, it means momentum is building larger for a bull run. HOW TO USE 1. When the green "Rise Coming" text appears, a price jump may be on the way! This indicator Never Repaints! To get the best setting it's a matter of tweaking the indicator until it gives you the best results. Our recommendation, and what
Forex Indicator "FORCE index and 2 Moving Averages" for MT4 This indicator is excellent for Momentum trading into the trend direction. " FORCE index and 2 Moving Averages" Indicator allows you to see Fast and Slow Moving Averages of Force index Force index is one of the top indicators that combines price and volume data into a single value Force index itself is powerful oscillator - that measures the amount of power used to move the price Indicator gives opportunities to see the t
Use Forex Trading Profit Tracker to keep a record of your earnings across accounts. This indicator will show a dashboard in the Meta Trader chart to show for the profit or loss money in your account. It’s easy to see just how much money you’re making matched betting with the Forex Trading Profit Tracker. Key features: Track your profit over time Check out your stats. Track expected profits against actual profits. Export account history to Excel.
MT5 version(*): https://www.mql5.com/en/market
FREE
This is a Indicator that Alert if price closed above/below/touched the line.
Features/Settings: Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Works on all currency pairs.
Candle Size in Pips: Alert based on Candle Full length or Candle Body Select Line style/width/color Alert type: Popup, Send to Mobile MT4, Email Input notes on alert Add multiple line alerts in a single chart Refer to screenshot:
1 - Time Frame 2 - Long/Short Position 3 - Get the highest open/closed price
---> Check all the other products <---
The Engulfing Candles Screener is a deeply customizable dashboard.
You can chose a trend filter, using 2 EMAs, with custom periods applied on a custom TimeFrames Then you can choose 3 timeframes to search, any TimeFrame is suitable and the screener will find the engulfing candles in the selected timeframe. 3 Timeframes to scan All the major forex pairs and crosses - up to 28 symbols Deeply Customizable
How to setup the screener:
Let the crosses v
Channel Vertex is a price action pattern formed by price Chanel and a triangle pattern . Price channels basically indicates possible support and resistance zones around a price movement and retracement or breakout at these levels can indicate possible trend continuation or reversal .
Majority of the times price fluctuations forms triangle patterns defined by 3 vertexes , these triangle patterns most times defines a trend continuation. A triangle pattern is a trend continuation pattern tha
This EA loads Support & Resistance Trend Lines and trade purely based on price action of Trend Reversal strategies. No effect with manual entry. It is possible to use this Expert Advisor as indicator. It also featuring safe virtual Hedging method as recovery as well MANUAL entry by using control panel. Auto Strategy: Swing Reversal Patterns and Major Trendline Breakout with trailing TP & Stop. Manual Strategy: BUY/SELL using Control Panel on chart with trailing TP & Stop. Operating Procedure U
From USD 49 to USD 39 Objective: To notify/alert traders if price touched or closed above/below the moving average. Features/Settings: Moving average method supported: Simple, Exponential, Smoothed and Linear Weighted Works on all currency pairs. Set the Moving Average Period/Shift value Timeframe supported: 1m, 5m 15m, 30m, 1H, 4H, 1D, 1WK, 1Mo Set the Applied Price: Close, Open, High, Low, Price, etc. Set the Candle Size Type: Full Length or Body Length Set the Candle Size to Trigger an Al
Contact us for any custom order, CodeYourTrade.com .
The MACD Histogram measures the distance between the MACD line and the MACD signal line. Two important terms are derived from the MACD histogram are: · Convergence : The MACD histogram is shrinking in height. This occurs because there is a change in direction or a slowdown in the trend. When that occurs, the MACD line is getting closer to the MACD signal line. · Divergence : The MACD histogram is increasing in height (eit
New indicator Impostol is based on the relative strength index (RSI) and trend indicator ADX. With it, you can identify a trend for your trade. Its signals are easy ti interpret, because it shows the recommended entries using up and down arrows. The indicator has a minimum of settings and is easy to use.
Impostol Expert for MetaTrader 4 — HERE
Main features Uses arrows to show market entry points. The indicator is not redrawing. Recommended timeframe is H1 and higher (lower timeframes can
The Average Daily Range shows the dynamic levels of average pip range on a pair measured based on the daily Highs and Lows over a certain periods. You can use the ADR to visualize potential price action outside the average daily move. When ADR is above average, it means that the daily volatility is higher than usual. The ADR can be helpful in setting targets for positions. If the ADR shows you that a pair has an average daily range of 80 pips, then it might be wise to tighten up your target
Having trouble marking where the various forex sessions start and end? Or perhaps your strategy requires you trade only in a specific session, then this is for you.
The session indicator shades the session you require in a certain color so that you can identify it easily. The sessions shown include: London session, New York session, Asian Session, Asian - London overlap and London - New York Overlap.
Difference source give varying time ranges for the various session, mostly differing by not
FREE
An extremely convenient indicator that truly makes the process of making money on the exchange easy. It is based on the scientifically rigorous theory of the market developed by the author, the beginning of which is presented here . The full algorithm of this indicator operation is presented in the article . The indicator calculates the most probable price movement trajectory and displays it on the chart. Based on the predicted price movement trajectory
Procyon is a fully automated professional Expert Advisor for scalping trading and designed for the major volatile pairs.
It use a custom algorithm for recognizing the Price Action and sends a pending order during large market movements and takes advantage of the retracement to make a significant profit, while ensuring some moderate losses through a tight hard stop loss.
Advantages Few parameters for more efficiency (with .set files for each pair) Hard Stop loss and Spread filter for every tr
Expert Advisor of Cross two moving averages accompanied by stop loss, take profit, martingale and multi timeframes on each moving averages. You can change all the parameters contained in the moving averages
Please use as appropriate, hopefully can be useful and assist you in the transaction Don't forget to give a review if this product helps you
MA Method 0 = simple 1 = exponential 2 = smoothed 3 = LW
FREE
Expert Advisor uses Rsi and Bands indicators for generating signals and trades exit. Minimum trading deposit 500 $ . EA optimized to run on GOLD / EURUSD / GBPUSD / USDJPY / AUDNZD 1H charts (sets in the comments) can be also optimized to work on more charts and different timeframes. EA uses Grid. No Martingale. Works with high spread This EA operates only once per bar opening.
developed, tested and optimized on " VantageMarkets " platform. Recommended broker > Vantage Account Optio
FREE
STOCHASTIC Dashboard Panel This indicator helps you to scan symbols which are in the Market Watch window and filter out a trend according to STOCHASTIC .
In technical analysis of securities trading, the stochastic oscillator is a momentum indicator that uses support and resistance levels. Dr. George Lane developed this indicator in the late 1950s.[1] The term stochastic refers to the point of a current price in relation to its price range over a period of time.[2] This method attempts to pr
FREE
FIBO ALERT https://www.mql5.com/en/market/product/34921
This indicator draws a fibonacci retracement (high and low) of a candle. It alerts and notifies the user whenever price touches or crosses the fibonacci levels. INPUTS ON Alert: set to true will alert pop up whenever price crosses levels at chart time frame. ON Push: set to true will send push notification to phone whenever price crosses levels at chart time frame. ===== FIBO (High & Low) ===== Time Frame: indicator draws fibonacci lev
FREE
Chart Link MT4 allows you to control multiple charts from one chart or multiple charts from multiple charts. Features 1. Synchronised Scrolling : Scrolling the master chart also scrolls all linked sub charts to the same position. Sub charts inherit offset and auto-scroll settings from the master chart. 2. Synchronised Timeframe : Switching the master chart timeframe also switches all linked sub charts. 3. Synchronised Symbol : Switching the master chart symbo
FREE
Moving average cross over notification !
How to use Add NotifyMaCross indicator into the chart. Set Moving average line one and two. Wait the notification when moving average cross over Support for development : https://www.buymeacoffee.com/itwetrade
Check out all indicator and expert advisor here https://www.mql5.com/en/users/thanksmybot/seller ------------------------------------- Como usar
Adicione o indicador NotifyMaCross ao gráfico.
Defina a linha média móvel um e dois.
FREE
Forex Indicator "WPR and 2 Moving Averages" for MT4 WPR itself is one of the best oscillators for scalping "WPR and 2 Moving Averages" Indicator allows you to see Fast and Slow Moving Averages of WPR oscillator Indicator gives opportunities to see the price corrections very early It is very easy to set up this indicator via parameters, it can be used on any time-frame You can see Buy and Sell entry conditions on the pictures Consider Buy (Sell) signal conditions: (1) -fast MA crosse
This is a calculator that allows you to manage your trade risk in every trade. Decide in advance the risk you want to assume using Stop Loss or Take Profit; account percentage or specific amount of your currency.
You can also use this tool to can test faster your manual strategies, because Trade Risk Management can be perfectly used on backtesting
For new traders, this may become your favorite tool; allowing you to easily control the risk of your trades, and train your skills trading on B
The Inversion Fair Value Gaps (IFVG) indicator is based on the inversion FVG concept by ICT and provides support and resistance zones based on mitigated Fair Value Gaps (FVGs). Image 1
USAGE Once mitigation of an FVG occurs, we detect the zone as an "Inverted FVG". This would now be looked upon for potential support or resistance.
Mitigation occurs when the price closes above or below the FVG area in the opposite direction of its bias. (Image 2)
Inverted Bullish FVGs Turn into P
Join My Telegram Channel https://t.me/Forexmasterlevelsfx
After buying EA, be sure to write to me in private messages, i will add you to a private group, send you set files and additional detailed instructions. I am ready to help each buyer install and configure the advisor. If you have never used EAs before, I will show and teach you how to use it. WATCH LIVE PERFOMANCE https://www.mql5.com/en/signals/1701237?source=Site+Signals+My#!tab=account
Main features of Huckster: is a fully func
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This is a multitimeframe RSI indicator defining trends, oversold/overbought zones, as well as all intersections of signal lines from different timeframes on a single chart using arrows and audio alerts. When working with standard RSI, we often need to examine data from all necessary timeframes simultaneously. RSI 7TF solves this issue. If you are only interested in audio signals when signal lines are crossed, then have a look at RSI Alerts . Attention! The indicator uses seven timeframes - M5, M
FREE
This indicator allows you to find out how much the price can pass on the current bar. It looks for the average ATR value for the previous 5 bars and draws 2 price boundaries. You can use it on any timeframe of any instrument.
Based on this indicator, you can set stop loss and profit levels, as well as use it in other good strategies.
Do not forget to use risk management while trading!
FREE
Trade Report Pro is an EA that create professional graphic report of your trade history automatically and manually. It also send notification to your mobile or email once your account balance changed. Reports are saved by HTML and CSV format, while opening a quick summary report window inside MT4. Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5054 .
Followings are highlight features: Report with full and professional statistics, which is better than
The Tarantulas expert Advisor is a night scalper and a robot for position trading at the same time.
Thanks to deep settings, this expert Advisor becomes an indispensable assistant in trading.
On the basis of this EA, you can implement dozens or even hundreds of profitable strategies.
Smart position tracking and time trading functions are enabled.
Trading is performed on pullbacks from overbought and oversold zones on trend changes.
The trend is determined using the author's "Providec
FREE
IntradaySignals Intraday Signals is a visual and effective semi-automatic trading system, that: generates possible entry points to open BUY and SELL trades; displays recommended Take Profit and Stop Loss; displays current profit on open trade; displays current spread. The profitability of the indicator is shown in the screenshot on the example of the GBPUSD pair Does not redraw and works on opening bar. Time frames - M1-H1. Recommended TimeFrame-M5-M15. Signals are produced based on the used
FREE
Displays current spread in the main window of the chart. Indicator Setting: BigDisplay =true or false to switch on and off.
DisplaySize = 20 is default
DisplayColor = Blue
Display_y = 550 position: staring position Y of background panel
Display_x = 1200 position: staring position X of background panel
Author: Happy Forex (Expert Advisor - your algorithm-driven profit, without stress or work)
FREE
This indicator provides common shapes as drawing object options. The shapes are rotatable, resizable, draggable, and will keep their proportions (according to their handle trendline) across different chart scales. Multiple drawings are supported.
Shapes: Square Rhombus
Triangle (quadrilateral & isosceles) Circle (grid, overlapped grid, flexi grid, rotatable grid, concentric circles) Features: rays (all object edges will be rays) show/hide each individual drawing type, or all delete last drawn
FREE
MTF Heiken Ashi MA is a multiple timeframe Heiken Ashi & Moving Average indicator. Fully customizable for advanced & unique Heiken Ashi & Moving Average calculations.
Key Features Modified appearance and appeal from the traditional using only H eiken Ashi MA bodies. MTF Higher or lower timeframes available making this it great for trends and scalping. There are many settings that can be non-repaint for signals at a new bar and at bar 0.
Inputs Timeframe = PERIOD_CURRENT - timeframe of Movin
FREE
Record Session High Trader uses the concepts of within candlesticks trading to gauge when a trend might be wearing out and therefore ready for reversal or pause simply by looking at the candles. We call it a record session high when we get 8 or more previous candles that have higher closes. We call it a record session low when we get 8 or more previous candles that have lower closes. We don't rely on the typical Oscillation Indicators for recognizing overbought or oversold but more we rely on lo
FREE
Th3Eng signals wave is a very good indicator to read the trend. But you need to filter the main trend direction with your own strategy. Because this indicator signals are repainted. So for example: Use Moving average 21 to find the trend and if the price is above the moving on higher TF or the current >> open only buy signals from the indicator. Also you can use it on option trading, Not only on forex.
Works with all time-frames. works with all pairs, CFD and cryptocurrency. Sending all alerti
FREE
This scanner shows the trend values of the well known indicator SuperTrend for up to 30 instruments and 8 time frames. You can get alerts via MT4, Email and Push-Notification as soon as the direction of the trend changes. This is the FREE version of the indicator: SuperTrend Scanner The free version works only on EURUSD and GBPUSD!
Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074
With the following FREE indicator you
FREE
The indicator shows entry points with Risk-Reward-Ratio 1 to 5. Main timeframe H1. Works on every pair. The main logic - is to find a reversal level, and then track the price reaction to this level. Doesn't need any settings. As a standard, it paint 5 levels of the same take-profit (red / blue for sellers and buys) and 1 stop-loss level - orange. ATTENTION! Test version of the indicator. Works only on the USDCAD pair! The full version can be bought here https://www.mql5.com/en/market/product/61
FREE
This indicator shows the realistic and precise trend. The plotted line as a trend indicator is the best secure place to set the stop-loss.
In case that trend is bullish you will see the plotted line under the candles and in the case of the bearish market, the plotted line is on the upper side of candles. Buy paid version of this indicator which it is Statistical Support Resistance .
FREE
DATE VERSION DESCRIPTION OF CHANGES 1.00 2022-09-06 Initial release The RedeeCash Triangular Arbitrage Opportunities shows the available currency triads and each currency trade position setup as a global variable, in the fomat of AAA/BBB, CCC/AAA, CCC/BBB: AAA/BBB -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/AAA -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/BBB -1|0|1 where the value is the trade direction of either OP_BUY or OP_SELL. If the trade direction indicates -1, then no trade should occur for that
FREE
Expert Advisor of Cross two moving averages accompanied by stop loss, take profit and multi timeframes on each moving averages. You can change all the parameters contained in the moving averages
Please use as appropriate, hopefully can be useful and assist you in the transaction Don't forget to give a review if this product helps you
MA Method 0 = simple 1 = exponential 2 = smoothed 3 = LW
FREE
The BuySellAlert free arrow indicator is developed based on the use of HMA, Laguerre, CCI, and ATR. The BuySellAlert free arrow indicator: generates possible entry points for BUY and SELL ; displays current profit ; displays current spread. The profitability of the indicator is shown in the screenshot on the example of the GBPUSD pair Does not redraw and works on opening bar. Timeframes - M1-H1. Recommended TimeFrame-M15. The BuySellAlert free works only with AUDUSD . Version without restric
FREE
KF Trix V1.00 The triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets and is also a momentum indicator. The triple smoothing of moving averages is designed to filter out price movements that are considered insignificant or unimportant. About Software details and MQL login link Copyright 2022, Forex KRAL
FREE
The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red. Parameters: period - number of bars to use for linear weighted calculation; default value - 96; smoothing - period for EMA; default value - 5; mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; defa
FREE
The Visual Result Calculator Indicator is a powerful tool designed to enhance your trading experience on the MetaTrader platform. This intuitive and user-friendly indicator allows you to visualize potential profits or losses on a trading chart, helping you make better-informed decisions and manage your trades with precision. The Indicator displays a dynamic line on the trading chart, representing the potential profit or loss of a trade based on the start and end of the line. Simply click and
FREE
To get access to MT5 version please click here . This is the exact conversion from TradingView: "Hammer & ShootingStar Candle Detector" by "MoriFX". This is a light-load processing and non-repaint indicator. All input options are available. Buffers are available for processing in EAs. You can message in private chat for further changes you need. Thanks.
FREE
US SNIPER EA - FREE VERSION This EA is a single entry type which does not use dangerous strategies such as martingale, grid, averaging or other dangerous strategies. Using a measurable stop loss and take profit.
This EA Build with an AI which can measure risk by determine the StopLoss and Take Profit. We limit the maximum risk for 40pips so trader can set the lot size for maximum risk we can afford if hits for maximum StopLoss
BLACK FRIDAY SUPER DISCOUNT From Real Price $450 TO Only $99 Ge
FREE
This indicator draws regular bullish and bearish divergences in real-time onto the charts. The algorithm to detect those divergences is based on my 10+ years experience of detecting divergences visually. The divergences are drawn as green and red rectangles on the charts. You can even do forward testing in the visual mode of the strategy tester. This FREE Version is restricted to EURUSD and GBPUSD. The full version without restrictions is here: https://www.mql5.com/en/market/product/42732
Para
FREE
Description I think, almost all traders dream about non-lagging MA. I have realized that dream in my indicator. It allows forecasting future MA values! The indicator can be used in four different ways: The first one - forecast for the desired amount of bars. Thus, you are able to evaluate future price behavior. The second one - generating non-lagging "averages". That can be implemented by moving MA back by the half of the averaging period and setting the forecast the necessary amount of bars ahe
FREE
The range indicator means the average daily price movement. For convenience, it is visually displayed on the charts, but with the H4 timeframe and below. The indicator is redrawn daily and the gaps are included in the calculation. An additional dotted line means 80% of the daily movement passed. An important tool in the arsenal of a professional trader or someone who wants to become one. PrimeTools is a series of products designed for correct and professional trading. [ PrimeTools Levels | Prim
FREE
This tool adds an original time scale with a specified or automatically calculated time difference to the bottom of the chart.
By using this handy tool, you can improve the readability of the chart and reduce mental stress by displaying it in a time format familiar to you or your country.
Even if you don't need to calculate time differences, simply replacing the default time scale with Local_Time can improve the chart's readability.
Local_Time supports various time formats such as "DD.M
FREE
This module synchronizes with the Practice Simulator to display chart time and position information, not only for the same currency pair, but also display synchronized charts for various timeframes and different currency pairs. Note: This module does not work by itself. "Practice Simulator" is required.
Practice Simulator https://www.mql5.com/en/market/product/98348
Two synchronisation modes are available.
Simple synchronisation mode:
You can easily create a synchronised chart by ope
FREE
The Magic Arrow Scalper sorts out low-probability signals in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. The indicator displays arrows on a chart (see attached screenshots) indicating a likely price reversal. Magic Arrow Scalper is not repainted. Once the candle is closed, a signal is confirmed and will never disappear from a chart. You can setup alerts when new arrows are displayed on a chart. The indicator is not des
The Price Volume Trend Oscillator (PVTO) is a powerful technical analysis tool designed to provide insights into the relationship between price movements and trading volumes. This indicator offers a unique perspective on market trends, helping traders identify potential buying and selling opportunities. Parameters: EMA Short Period: Defines the short EMA period for calculating the PVTO. Default 3 EMA Long Period: Specifies the long EMA period for PVTO calculation. Default 10 EMA Signal Period: S
FREE
ADX MA: The Ultimate Trend Strength Guide
In forex trading, the Average Directional Index (ADX) is a vital indicator for gauging trend strength. Here's a streamlined approach to using ADX for effective trading:
1. Add ADX to your forex chart. 2. Interpret ADX values: <20 is weak, >40 is strong. 3. Identify trend direction: +DI above -DI indicates an upward trend, and vice versa. 4. Execute trades based on ADX and trend: Strong up trend, consider buying; strong down trend, consider selling;
The MT4 Channel Standard Deviation Indicator automatically plots support and resistance channels on the price chart using price standard deviation. It indicates BULLISH and BEARISH market conditions and is suitable for both new and advanced forex traders.
This indicator offers support, resistance, entry, and exit levels, along with stop-loss and take-profit points. It accurately identifies BULLISH and BEARISH market trends, making it effective for both intraday and long-term trading across va
Product detailed post: https://www.mql5.com/en/blogs/post/756962
Get free demo from the link in above post.
Features: - Multi Heiken Parameters
- Alerts & Highlights for Heiken Switch
- Heiken Alignment Alerts
- Multi-timeframe Alignment Alerts
- Multi Currency
Heiken Explained: Heiken Settings: All comma separated lists will be used for different heiken ashi's. Example: 5,40,188 will mean that MAPeriod1 in 1st heiken will be 5; In 2nd heiken will be 40 and in 3rd heiken ashi will be 1
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Read the application overview and reviews from other customers, download it right to your terminal and test a trading robot before you buy. Only on the MetaTrader Market you can test an application absolutely free of charge.
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