Expert Advisors and Indicators for MetaTrader 4 - 60

This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d

Features: Find these engulfing patterns: Simple Engulf Stick Sandwich Engulf Three Line Strike Rising Three Morning Star Doji Scanner is useful to make your strategy better. Don't always go by Win/Loss percentage. Because this tool is not based on past results. Basic Settings: For All Patterns You can set: First:Last Candle Ratio This will make sure that the earlier opposite candle is at least this given ratio in height as compared to the engulfing candle. This is not checked for Three Line Stri

Play past charts and instantly focus on specific time points.   Move the chart to the created focus line to efficiently observe and analyze important time points. Features Instantly move the chart to the focus time point Auto-play allows tracking chart behavior, flow, and pattern searches. Playback Specifications Direction: Past → Future Bars per move: 1 Playback speed: Fixed Pause / Resume during playback END button to terminate the program Operations Crt FocusLine: Create a focus line Position

Currency Explorer is the absolute tool for traders that want to know with quantified certainty the currency strength & weakness of each currency and to trade these by using applicable strategies. Our machine learning models run and provide the strength/weakness of each currency based on multiple factors besides price action. It provides the trader with a QUANTIFIED result for the strength of the 8 most popular and major currencies (EUR, USD, JPY, GBP, AUD, NZD, CAD and CHF) with a scale from 0-1

BIG CHIEF    Big Chief is an Expert Advisor that runs its own 2 proprietary analysis & algorithms. No indicator is used to analyze the entry point in the first method and the second method has an Ichimoku Indicator with proprietary settings. For the exit plan, it uses the proprietary Sequence Method & implement the cutlosses-let-profit-run strategy. You will be surprised that at the closing of all trades, almost most of them are having a positive profit and almost half of them are

In the dynamic world of trading, visual acuity is paramount for making informed decisions. For traders who struggle with color blindness—a condition that affects approximately 5-10% of males and a much lower percentage of females—distinguishing between buy and sell signals can be particularly challenging. ​ Recognizing this unique challenge, we are proud to introduce “Open Buy Sell Color”, a MetaTrader 4 script designed to enhance visual clarity for all traders. This tool offers customization o

Discover our sophisticated Expert Advisor (EA) designed for the   MetaTrader 4   (MT4) market: IT Bollinger Bands. This   free EA   exploits a trading strategy based on Bollinger Bands, offering a powerful approach to optimizing your operations in the financial market. Key Features   : Bollinger Bands Strategy:   Our EA uses Bollinger Bands, a popular approach in technical analysis. Based on the period (20), the standard deviation (2), and the shift of the bands, our EA identifies trading opport

This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicato

D1 Free Fibo Channels with support and resistences... Become a constantly profitable 5-star forex trader!  We offer a few indicators to support you understand and analyse the market! With our strategies you will improve your trading system and bacome an expert... We have indicators for trend direction, market direction and others.. for multi-time frames and that covers all majors or your favorite trading symbols! Some of them offer a customizable calculation parameters... or Graph features!

Currency Switcher Indicator The "Currency Switcher" indicator is designed for MetaTrader 4 and allows users to quickly switch between different currency pairs and other trading instruments directly from the chart window. This indicator creates a series of buttons on the chart, each associated with a specific trading symbol. Users can click on these buttons to change the current chart symbol. Key Features - **Symbol Categories**: The indicator supports various symbol categories, including Maj

Indicator showing the breakout after at least X candles of the same sign, followed by an opposite candle. PARAMETERS: BARS TO SHOW = Story of Indicators (0 = all bars) Consecutive Bars for Breakout = How many Bars of the same direction and after a Bar with opposite direction Minimu Point between H/L = To consider a bar valid, she must have a Minimun Hi/Lw value Minimu Point between O/C = To consider a bar valid, she must have a Minimun Open/Close value Graphics are self-explanatory

As the suggested, with this indicator you are able to switch from one symbol or timeframe to another in the same single chart. So forget about opening tons of chart on your screen! It's not designed for ICT or SMC trader, but if you are that kind of trader you still can use it. Imagine you have a strategy containing various indicators and settings, on a single chart you can screen the entry opportunity then move to the next symbol or timeframe.  

The indicator summarizes all open positions. Settings: HeaderTextColor = Yellow;     // Header text color FooterTextColor = Yellow;     // Text color in totals ProfitColorPositive = Lime;   // Color for gain values ProfitColorNegative = Red;    // Color for loss values SeparatorColor = Gray;        // Color for separators FontSize = 12;                  // Text size LineSpacing = 15;               // Line spacing FontName = "Courier New";    // Font name TableCorner = 0;                // 0: Top

Hello all. This indicator helps you  to open a trade, when break out occurred, also you can add to your position and ride it if trend continued. I use it on 1-5 min chart, as you can use short stop loss. Also profit target should be small as well. It is better to enter few small position, so you can book some profit early and ride the rest for bigger gains. Look at the past to have a plan. Enjoy. 

Use  Stochastic Oscillator (STO)  Oversold and MACD < 0 show  buy signal Use  Stochastic Oscillator (STO)  Overbought. and MACD > 0 show  sell signal Please check support resistance before opening an order. This indicator is only a helper. Can't tell you 100% right. "Selling pigs" is a trivial matter. "Sticking on a mountain" is a challenge. Thanks you. welcome.

######################################################################################### WeekendGap EA opens pending orders in the first hour of the beginning of a new week. It trades the weekend gap. The pending orders are cancelled within 2 days if not caught. WeekendGap works on most currency pairs, but you may limit yourself to the majors. The lot size is increased automatically based on the MinimumLots, MaximumRisk and DecreaseFactor. #######################################################

Robot basado en indicadores para realizar operaciones de forma tendencial. Ideal para cuentas de cualquier capital, como un balance mínimo de 100$ Funciona con cualquier Timeframe. El bróker recomendado es Swissquote.  Si desea utilizar el robot le recomendamos que se ponga en contacto con nosotros para asesorarle en la mejor configuración posible del sistema.

Calendar File Converter This script adapts the csv economic calendar file downloaded from the myfxbook.com portal for use by the Economic Calendar Viewer indicator. This indicator displays on the MT4 chart data about the upcoming current economic event and displays its data. It also notifies you with a sound before the upcoming event time. The read file should be named: - calendar_statement.csv The temporary intermediate file is named: - calendar_statement2.csv The output file is named: - Cale

"The trend is your friend, until the end when it bends". The "Hexa MA" custom indicator is a trend following indicator. It uses 6 Moving Averages to spot the trend and follow, and also to filter the bad signals for the fast Moving Averages. The basic is simple, yet the strategy is powerful. Recommended settings for the indicator : - Moving Average periods : SMA 5, SMA 10, SMA 20, SMA 50, SMA 100, SMA 200. - Timeframe : M15 is the default. But any timeframe can be used. - Currency pair : Since i

Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   This indicator is the best so far at determining the currency strength of each pair. It provides stable values and is highly adaptive to market changes. It is a great tool to add to your arsenal to make sure you are on the right side of the trend at all times. No inputs required, it is simple plug and play. A Winning Trading Strategy This article describes the components and logic needed to develop a tra

Implied Trader   is a fully automatic, professional trading robot designed specifically for the foreign exchange market   AUDCAD M30 timeframe. Parameter configuration is not necessary for EA. Only the size of the lot you intend to use needs to be chosen. 0.1 is the suggested lot size for a $2000 account. You can raise the lot size correspondingly if your account has more money. It has an intelligent algorithm that recognizes the trend. On the basis of the trend direction, the expert places orde

Classical Keltner Channel Indicator, Extended version. Works on any instruments. It shows Keltner Bands under these parameters:  * periodMa - Period of Moving Average  * periodAtr - Period of ATR (Average True Range) *  atrMultiplier - ATR Multiplier, multiplies range, calculated by PeriodATR parameter  * modeMA - modes of moving average (MA) calculations (Simple, Exponential, Smoothed, Linear Weighted) * modePrice - modes of Price calculations for MA (Close, Open, High, Low, Median, Weighted) T

At the very least, this indicator is able to entertain you. It builds a moving line based on interpolation by a polynomial of 1-4 powers and/or a function consisting of a sum of 1-5 sine curves. Various combinations are possible, for example, a sum of three sine curves about a second order parabola. The resulting line can be extrapolated by any of the specified functions and for various distances both as a single point at each indicator step (unchangeable line), and as a specified (re-painted) f

HEDGING AND TRAILING https://www.mql5.com/en/users/earobotkk/seller#products This Expert will hedge your trade position automatically. There are 2 buttons on chart for you to enter a trade. Blue button for buy entry and Red button for sell entry. It also can trail stop all hedged positions. It can also open its own trades with auto entry feature. How It Works :   (1) By Clicking Button. When you found a setup, click the button (blue for buy and red for sell). Expert will immediately open a stop

ApexTPGrid is a powerful Trade Management Utility designed to professionalize your grid and averaging strategies. Whether you trade manually or use other EAs, this utility takes control of your open "basket" of orders to manage them to a safe exit. The standout feature is the Swap-Aware Logic . We all know the pain of holding a grid for weeks, only to close at "breakeven" and realize negative swaps ate your capital. ApexTPGrid solves this by automatically calculating all accumulated costs (Swap

This is a free version of the EA  TrendSurfer OsMa  https://www.mql5.com/en/market/product/104264   TrendSurfer OsMa   receives signals from a technical analysis of in-built MetaTrader 4 indicator Oscillator of a Moving Average (OsMA) and then implements   The Quantum Forex Trading System   to generate positive results. Discover: The Quantum Forex Trading System _Mastering the Market with Advanced Algorithms & Multifaceted Strategies_ --- Redefining Forex Trading: In the vast realm of forex, wh

RSI indicator with signal lines, at the intersection of which a corresponding notification will be issued, which can be in the form of a normal alert, or in the form of a user sound file. The indicator also has the function of sending push-notifications and email notifications at the intersection of these levels. The values ​​of the levels can be set independently in the indicator settings, and, if desired, they can be changed and configured directly in the indicator window. To check the oper

The information panel shows market information about the selected symbol, which is hidden from the eyes of the trader. You can change the color of the panel panel, the color of the text on the panel. It can be moved around the screen. Available in two languages ​​(Russian and English). Data: Symbol - symbol names; Point - Point size in quote currency; Spread - Spread in pips; Stop Level - The minimum acceptable stop loss / take profit level in pips; Lot Size - The contract size in the base curre

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.

NostradamusMT4 - мощный индикатор из набора профессионального трейдера. В основе индикатора лежит авторский метод Андрея Спиридонова расчета цены (ESTIMATED PRICE) для текущей цены свечи. Данный индикатор является самостоятельной торговой системой. Индикатор подходит для работы на классическом рынке и рынке бинарных опционов. Преимущества Индикатор не перерисовывается; Работает на любых временных интервалах; Работает с любыми торговыми инструментами; Отлично подходит для скальпинга и торговли би

Mega Alert Level Indicator: A Simple Yet Valuable Tool The Mega Alert Level indicator provides sound, informational, push, and email notifications when the price of a currency pair touches or approaches standard support and resistance levels, as well as any other objects on the chart you select. Features: Notifications: Customize notifications to your preference—choose between Email, Popup, or Push. All settings are displayed in the upper right corner of the chart. Ease of Use: Simply attach th

Price Change Indicator Introduction The Price Change Indicator is a powerful tool designed to help traders identify significant price movements over a specified period. By calculating and visualizing percentage changes between current and historical prices, it allows traders to quickly spot potential trading opportunities when markets show unusual volatility or momentum. Features Real-time monitoring of price changes Visual histogram display when changes exceed threshold Text display showing cur

The indicator detects the direction of the trend and colours the candles on the chart accordingly. Allows you to enter the trade at the beginning of the movement The easiest way to set up the indicator Can be used on any currency pairs, metals and cryptocurrencies, as well as when working with binary options Distinctive features Shows the trend direction Does not re-draw Easy and accurate adjustment; Works on all timeframes and all symbols; Suitable for trading currencies, metals, options a

The indicator measures volumes on different charts and instruments. Its main advantage is the ability to compare separate brokers. The less Middle Volume and Tick / Second , the more reliable is the broker. There is a comment in the upper left corner Comment data: Tick/Second — number of ticks per second for a selected instrument Middle Volume — average volumes in the penultimate bar This indicator allows tracking a relative market activity for different timeframes. If the volumes are lower than

An on‑chart, data‑driven pre‑trade planner that turns your broker’s live market properties into clear, actionable numbers. It consolidates spread, commission, swaps, ATR‑based stop/targets, pip/point value and 10 risk‑profile lot sizes into one compact panel that auto‑scales to any chart size. The display is direction‑agnostic (no LONG/SHORT duplication) and emphasizes total trade cost and true risk/reward before you click “Buy/Sell.” What it shows (at a glance) Time & price context  (Local/Serv

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Bollinger Bandwidth Indicator for Advanced Market Volatility Analysis The Bollinger Bandwidth Indicator, meticulously developed in MQL4, is a sophisticated tool designed to elevate forex trading analysis. It harnesses the

The indicator calculates a combination of two moving averages and displays their trend in derivative units. Unlike traditional oscillators, the maximum and minimum values ​​in this indicator always correspond to the number of bars you want to track. This allows you to use custom levels regardless of volatility and other factors. The maximum and minimum values ​​are always static and depend only on the initial Bar review settings. The indicator can be used as an independent trading systemtrading

BackTester FX — симулятор  ручной торговли MetaTrader 4 . Позволяет моделировать рыночные условия на исторических данных в тестере стратегий, вручную открывать и закрывать сделки, анализировать торговые стратегии без рисков потерять. Ключевые возможности Эмуляция ручной торговли в визуальном тестере стратегий Совместимость с любыми инструментами и таймфреймами Быстрое управление ордерами (открытие/закрытие) Настройки объема сделки, Stop Loss, Take Profit Работает как в тестере стратегий так и на

PyON   has a complex algorithm based on artificial intelligence. His strategy includes classic safe trading using breakout and bounce patterns. Inside it is a complex architecture of decision trees, containing tens of thousands of trading patterns, averaged and weighted to determine the optimal decisions for entering and exiting a trade. Particular attention is paid to exiting trades - a separate asynchronous neural network is responsible for this, which is able to minimize losses and choose th

It is a tool to create TRAILING STOP ORDERS. Either BUY and/or SELL After creating stop orders, it will start to trail stop orders step by step. After stop order open, this time it will folllow the buy and/or sell order with TStop with TStep from the  TStop Start point. It can help you to catch the perfect price to enter the market.  Inputs are Stop Type  : Buy Stop - Sell Stop - Both Repeat  : How many times to create stop orders after closing opened one. Points Multiplyer : Multiply all point

Close All One Click MT4 is a practical trade management utility designed to help traders close orders quickly and efficiently from a simple on-chart dashboard. This tool is built for traders who need fast execution during volatile market conditions and want a simple way to manage open positions with one click. It supports manual close actions directly from the chart and automatic close triggers based on drawdown percentage, floating profit, and floating loss. The utility can work on the current

This expert advisor is very simple and easy to understand, it is based on the single Moving Average. The indicator settings is fully customized. Recommended Pairs: - EURUSD  - GBPUSD - AUDUSD - NZDUSD   Expert Advisor Inputs: - Timeframe : Default value = current - Ma_Period : Default value = 50 - Ma_Method : Default value = MODE_SMA - Ma_Applied_Price : Default value = PRICE_CLOSE - Ma_Shift : Default value = 10 - Shift : Default value = 0 - Buffer_Candle : Default value = 1 - Auto_Lot : De

Automatic trading system. It includes three very strict algorithms for finding a reversal on large timeframes. It is installed on any timeframe, but for the quality indicators of the visual panel, it is better to set it to H4, you can set it to H1. Optimized for the USDZAR currency pair. In addition to the usual settings, it is possible to limit trading by day. If the days 1-31 are set, the EA will trade every day. The Expert Advisor trades by itself, but it is more profitable to use it as an

Description This is an indicator that colors market moods on a linear chart in the window of the main financial instrument.  It is useful for determining support and resistance levels.   Purpose The indicator can be used for manual or automated trading as part of an Expert Advisor. For automated trading, you can use values of indicator buffers of the double type:  rising line - buffer 0, must not be equal to EMPTY_VALUE. falling line - buffer 1, must not be equal to EMPTY_VALUE.

Read Elliott wave principle automatically. With the Swing Reader, you can easily read the Elliott Wave Principle through an automatic system. With swing, we mean a ZigZag market that is created by a breakout of its standard deviation. You can set the deviation manually, or you can let the indicator do it automatically (setting the deviation to zero). Advantages you get Never repaints. Points showing a horizontal line, in which statistically a long wave ends. Candles showing a vertical line in

The trade of this EA is based on The Commodity Channel Index​ (CCI)is a momentum-based oscillator used to help determine when an investment vehicle is reaching a condition of being uptrend or downtrend. with customizable lot size (use martingale or not), stop-loss, and take-profit levels. Easy to use and Simple Recommended  Timeframe M30, H1   others timeframes with the appropriate settings. A low latency vps is always recommended. Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Built-in

The   OHLC indicator   shows the current and historical values of High, Low, Open, Close and Mid for a specific time period. It can plot the current values or the values from the previous session. The indicator's range can be calculated from a daily, weekly, monthly, or user-specified session. Levels High  of the current or previous session. Low  of the current or previous session. Open  of current or previous session. Close  of the current or previous session. Midpoint  of the current or prev

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 opening t

Elan: Enhance Your Trading Experience on MT5 and MT4 Are you looking to elevate your trading efficiency and fully leverage your time on MT5 or MT4? Look no further than Elan, a powerful trading assistant designed to optimize and streamline your trading experience. Elan offers a comprehensive set of features to support your trading needs: Position Management : Easily manage your positions with visual closing options, providing a clear view of your current order profits at a glance. Profit and Lo

Trade Assistant MT4 Introducing Tipster Trendlines 2: The Future of Manual Trading is Here! This is a  Trade Assistant for MT4.  Are you ready to elevate your trading game? Tipster Trendlines 2 isn’t just another tool; it’s your ultimate trading companion —designed to empower you, save time, and help you trade smarter. For 9 years, this tool has been a game-changer for traders who value control, precision, and results. Now it’s your turn to experience its magic. What Makes Tipster Trendlines 2 S

This trend Advisor is conservative in every sense. It is similar to the E79U EA, but has important differences. First, its algorithm selects signals more flexibly and rigidly. This allows you to increase the lot for trading. Secondly, the author's settings are initially conservative. And most importantly, this EA does not accept a small stop loss. Signals are opened not often and very selectively. He will not make a profit if he loses on the stops. I did not completely remove the stop loss,

Hallo! Ich bin Tatsuron, ein japanischer Privatanleger. Wir verwalten über 1 Milliarde Yen in Forex. Lassen Sie mich einen sehr nützlichen Indikator vorstellen, den ich verwende. The indicator that is the basis of the market price. ThreeLine has improved the Moving Average (SMA) to answer the long-term SMA numerical settings. The more you repeat daily trades and verifications, the more credible the Three Line will be. If the angle of ThreeLine is upward, it will be white. If it faces downwar

EA   scans trades by magic numbers from trading robots in mt4 terminals. Then it passes the data on trades to   EA`S HOLDER     which filters the entry and exit signals by applying its own filters for opening and closing orders. Thus   EA`S HOLDER    conducts its trading based on the signals of running robots. Opening your own orders. Your trading robots transmit signals to this scanner.   The scanner transmits signals to the senior EA and you have a lot of opportunities.   Such as: - Maintain

AR Canada is a fully automated Expert Advisor. It does not require any adjustments and is optimized for trading USDCAD H1. The product is a free version. It trades only using a fixed lot with the minimum volume. The Expert Advisor DOES NOT use hedging, martingale, grid strategies, arbitrage, etc. It uses a trading algorithm based on the intersection of two moving averages for analyzing the market conditions, as well as support and resistance levels. The Take Profit and Stop Loss values are fixed

-Product Description- This close_all_entry button can use to close all your active entry with profit or lose . Button can't use to delete all your pending order . Just one click can close all active entry , no need anymore to close one by one . Maybe get some delay to close all your active entry . Just trade with amount you dare to lose . o.o.o.o.o.o.o.o.o.o.o.o.o.o.o

The MA in Color_PRT Indicator offers valuable insights into market trends by displaying moving averages in different colors based on their direction. Green indicates an uptrend, red for a downtrend, and yellow for a consolidation phase. Traders can use this indicator to easily identify potential entry and exit points in their forex trades. When the lines change color, it can signal a change in market direction, giving traders an opportunity to adjust their strategy accordingly. Additionally, th

Forex trading support timer: - This is an indicator that supports a trader's trading process. - Before placing a BUY or SELL order, it is advisable to observe what the current time is like, to get the best position when trading. Function of indicator: - Display information about candle closing time of different timeframes (M1,M5,M15,H1), best used when Scalping. - Show market spreads. - Show TimeZone Trading. - Displays the remaining time of a session.

input int hlength=85; input int vlength=25; input int DX=-340; input int DY=-80; input string InpDirectoryName="Data"; // directory name input double lots_default=1; input int    pc_times_default=2; input double deposit_minimal=200; input double floating_loss_percent=10; input double margin_occupied=0.2; input int    trade_allowed=1;//0代表测试模式   bool showbutton=TRUE; int tradingnumber=3;//控制买卖交易数量 struct  edit_update { string symbol; int    type; //0代表buy,1代表sell int    magic;//代表magic double

Parabolic Sar easy mode, remake the original p.sar indicator making it more easy to read for novicians traders and experimented traders looking to reduce the time analizing the charts, you can make your own strategy modificating the periods and fusioning it with others indicators like RSI ,stochastic or what you want,its one indicator runs better on high time charts like H4 or D1.

The indicator looks for market Highs and Lows. They are defined by fractals, i.e. the market creates the indicator algorithm and structure, unlike ZigZag having a rigid algorithm that affects the final result. This indicator provides a different view of the price series and detects patterns that are difficult to find on standard charts and timeframes. The indicator does not repaint but works with a small delay. The first fractal level is based on the price, the second fractal level is based on t

The indicator is based on two Moving Averages. Its only difference from traditional indicators is that it is presented as a histogram. The histogram has four colors; each color represents a MA with its own period. In case of a descending trend, if a price is lower than a moving average, the indicator displays a value lower than the red zero level. In case of ascending trend, the indicator value is higher than the green zero level. Parameters: Period MA 1 - Period of the first moving average. MA

Ever wondered what is XAU/XAG rate or how Chinese Yuan is traded against Russian Ruble? This indicator gives the answers. It shows a cross rate between current chart symbol and other symbol specified in parameters. Both symbols must have a common currency. For example, in cases of XAUUSD and XAGUSD, or USDRUB and USDCHN, USD is the common currency. The indicator tries to determine the common part from symbols automatically. If it fails, the DefaultBase parameter is used. It is required for non-F

Simulator for Risk / Reward ratio calculator We-RiskReward is a MT4 indicator made by the We-Trading team to simulate an order with Risk / Reward calculator. Horizontal Lines This indicator show you 3 horizontal lines that are: Open line Take Profit line Stop Loss line You can move the lines and you will see R/R and Lots calculation in real time. You can use it to simulate Long and Short positions. Indicator parameters As input parameters you need to check only the Risk for trade. For e.g. you

Traditional Moving Average (SMA, EMA, SMMA, LWMA...) is very useful for identifying trends, but what will you do when you want to trade on lower timeframe, and you need to identify the bigger trend by a higher timeframe; Of course, you can make it by dividing your chart in separated windows, but your analytics will not be clear and intuitive ... That's why we build the Multi Timeframe Moving Average indicator. With Multi Timeframe Moving Average ( MTF_Moving Average ), you can determine the Mo

Discover: The Quantum Forex Trading System _Mastering the Market with Advanced Algorithms & Multifaceted Strategies_ ---This system requires you to install  https://www.mql5.com/en/market/product/104637  for trading signals to be generated. Redefining Forex Trading: In the vast realm of forex, where uncertainty is the only certainty, what if you had a tool that seamlessly combined the best trading strategies into one efficient system? Enter the Quantum Forex Trading System — a harmonious blend

This is an implementation of the market cycle indicator described by Raghee Horner in the book "Forex Trading for Maximum Profit" . The current state of the market can be determined by analyzing the inclination angle of the exponential moving average (EMA) running on a period of 34 bars. If the EMA inclination is defined as the direction of the hour hand on the dial from 12 to 2 hours, then an uptrend is considered to be present; from 2 to 4 hours, the market consolidates; from 4 to 6 hours, a d

The indicator is designed to determine the pivot level for a group of candlesticks and the trend direction. no repainting calculation is done on an active candle if candlesticks are above the main line, the trend is upward if candlesticks are below the main line, the trend is downward breakdown of the main line signals a trend change or a price rebound two display modes, normal and with acceleration (ModeLite) an auxiliary line displays the resistance line Configurations BarsHistory - how many

This indicator allows to hide Stochastic  oscillator  (on all MT4 timeframes) from a date define by the user, with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: % K Period % D Period  Slowing Apply To Method Information on "Stochastic Oscillator" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/stochastic_oscillator ************************************************************* Hey traders!!  Give me your

This indicator uses Moving Average to detect markets trend. It's a very useful tool for manual trading. If line is Midnight Blue, indicator detect up trend. If line is Dark Violet, indicator detect down trend. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can use this indicator with FollowLine to have more accurate signals. You can to get source code from here . Parameters BarsCount —How many bars used to show the line. MAperiods —Period of Movin

Why do you need this script? If you place lots of orders and re-calculate your risk for every order you placed, you definitely need such a script. This script places one or (optional) two different orders with the following script inputs. Utility parameters Operation Type - "Buy","Sell","Buylimit","Selllimit","Buystop","Sellstop" Price - Entry price of the order(s). Stop Loss - Stop Loss of the order(s). Take Profit 1 - Take Profit of the first order. Take Profit 2 - Take Profit of the second o