Expert Advisors and Indicators for MetaTrader 4 - 65

This is a trend following indicator that identifies optimal entry points in the direction of a trend with an objective stop loss to manage the trade. The indicator allows you to catch trend early and ride it. The Indicator draws resistance line as it detects an Uptrend and draws support line when it detects a Downtrend on the chart. When those levels are broken, that allows you to identify the Trend Direction and Momentum in the direction of prevailing trend which offers optimal entry points in

Product Overview This tool is discretionary trading aid that executes a one-time entry when the conditions are set. Action after the newest bar is fixed (opening action) For example, there is no need to worry about being pruned by the shadow of the same price before that if you set it in the condition of when the closing price was broken. It is not possible to set complicated conditions, and it is not designed for continuous automatic trading, but since it works after the time period is fix

The EJ_15_201514104_S_SM_CF_SQ4 is an algorithmic trading strategy for MetaTrader, tested on EURJPY using the M15 timeframe from April 1, 2004, to April 24, 2024. There is no need to set up parameters, all settings are already optimized and fine-tuned. Recommended broker  RoboForex  because of EET timezone. You can find the strategy source code for StrategyQuant at the link:   https://quantmonitor.net/eurjpy-awesome-oscillator-master/ Key details are: MagicNumber: 201514104 Main Chart: Curre

The GJ_H1_220100009_S_HD_CF_SQX_SL20 is an algorithmic trading strategy for MetaTrader, tested on GBPJPY using the H1 timeframe from April 1, 2004, to April 24, 2024.  There is no need to set up parameters, all settings are already optimized and fine-tuned. Recommended broker  RoboForex  because of EET timezone. You can find the strategy source code for StrategyQuant at the link:   https://quantmonitor.net/gbpjpy-macd-trader/ Key details are: Parameters MagicNumber: 220100009 Main Chart: Cu

The Rapid Tester indicator is a very simple tester for the Rapid binary options trading system and Rapid Expert . Its objective is constructing a balance line on history data and calculation of statistics during CALL and PUT deals performed by the Rapid trading system for any of the six financial instruments: EURUSD, EURCHF, GBPUSD, GBPJPY, USDJPY or XAGUSD. The tester requires at least 100 5-minute bars in the history of a trading instrument. However, in order to obtain reliable statistics, you

The Five Minutes Tester indicator is a simple tester for the Five Minutes trading system and the Five Minutes Expert EA based on binary options. Its objective is constructing a balance line on history data and calculation of statistics during CALL and PUT transactions performed by Five Minutes trading system. The tester requires at least 100 bars in history for the EURUSD instrument on the five-minute interval. But, in order to receive reliable statistical data, it requires the bars to be downlo

Find pairs are good to trade. This demo version is unlimited and can be use with all functionalities, but displays only 3 results max. Up to 4 criteria. Candlestick patterns. Create your own screener with OR/AND conditions. Ex: (condition 1 OR condition 2) AND (condition 3 OR condition 4). From the result, simple click on the pair label displays the symbol in all charts you have. Load your own pair list. By default, the program works with: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADJPY, CADCHF, CHFJPY,

This EA (TRIAL VERSION) is designed for automatic placing of pending orders (sell limit, buy limit, sell stop, buy stop) including Stop Loss & Take Profit levels (editable) with only one button click. This EA can make order multi pending level / pending orders grid. So, with this EA placing pending orders will be faster, more accurate and more efficient. Main Purposes Automation Pending orders grid style trading. Automation of the process of placing the Pending Orders: fast accurate efficient A

With the Multiday Overlay Strategy EA, you can trade in parallel all major/minor/cross pairs in Forex. This EA is rather unique, as it is capable to "follow the market", this means: no optimization is needed; the same set of input parameters is good for all pairs; you do not need to change the input parameters even if market conditions change. These three features mean that the EA is not "manually adapted" to a specific pair in a specific timeframe, as it normally happens when you optimize a pai

This is Demo Version of PipsFactoryDaily This indicator depends on High and Low price of currency in the last day, and then I made some secret equations to draw 10 lines. Features You will know what exactly price you should enter the market. You will know when to be out of market. You will know what you should do in market: Buy Sell Take profit, and there are three levels to take your profit Support Resistance Risk to buy Risk to sell Signal Types and Timeframes Used You can use this indicator

The R Show Ticks indicator for Metatrader 4 shows the up/down ticks in real-time on the main trading window. Key Takeaways A white arrow is an uptick . A red arrow is a downtick . The indicator works for any currency pair and time frame of your preference. Indicator Specifications Trading Platform: Developed for Metatrader 4 (MT4) Currency pairs: Works for any pair Time frames: Works for any time frame Input Parameters: Input symbol, style, color. Indicator type: Data How to edit the indicator

Introducing  Free Version Of  Candle Strike EA , the groundbreaking MQL5 expert advisor that's transforming the way you trade your favorite pairs! Developed by a team of experienced traders with trading experience of over 10 years. What we Got in Free Version: In this version you cannot change the Lot size anda cannot use compound feature.  The default lot size is 0.01 Real-time results can be viewed  here . Presets for EA    here  *Promotional Price:  $50. The price will increase $25 with every

Советник "RSI and MACD filter" торгует по индикатору RSI, использует фильтр в качестве индикатора MACD (главная линия выше сигнальной - покупка, продажа - наоборот), по желанию Пользователя применяется мартингейл (количество умножения лота при серии убытков ограничивается), безубыток, трейлинг стоп, инвертирование сигнала. Настройки советника: Индикатор RSI: RSI_Period = 14; используемый период индикатора RSI_Shift = 1; номер свечи выбранного графика, с которой советник берет сигнал, 0 -ориенти

The Sextet  is an MT4 indicator that displays 6 levels of Moving Averages, where the second is the moving average of the first, the third of the second, and so on. It gives a signal when all the moving average levels align in order. Get a Free Sextet EA, and read discussions about using The Sextet Indicator on Forex Factory: The Sextet EA @ Forex Factory Check out the  The Sextet Scalper Pro  for a more elaborate scalping strategy also with  Free EA . Key Features: Is a Moving Average of a Movin

Automatically sends real-time  notifications about trade opening, closing, and partial closing from MT4 to Discord . The utility supports 16 languages : English, French, German, Indian (Hindi), Indonesian, Italian, Kazakh, Korean, Dutch, Polish, Portuguese, Russian, Spanish, Turkish, Ukrainian, and Vietnamese. The product is designed for traders who need to receive Discord notifications without constantly monitoring the terminal. It is suitable for Expert Advisor users who want to track their ac

SmartDataExportEa – Your Ultimate Data Export Tool for MetaTrader 4 EA Description SmartDataExportEaMT4 is a data export tool designed exclusively for MetaTrader 4. This EA does not perform trading operations; instead, it specializes in exporting market data and key indicator values in CSV format. It is the perfect solution for traders and developers looking to streamline data analysis and strategy development. Integration with Real-Time Analysis When you export data in real-time, the CSV fil

If you can not create a background image for yourself (photo size and format must be changed), let me know. I make your photo for free. Otherwise, you can read the help file . A tool for chart management You can change the background image You can change the background color Change the color of the candles Volume colors, line charts and everything else You can also enable and disable some items Read the help file for more information Settings: Save Changes After Remove Tool Back Ground Photo

4 buttons for managing your trades. Close All : will close all open positions on the current chart Delete All : will delete any pending orders on the current chart SL + 1 : will move the stop loss 1 pip closer to the breakeven point on all open trades on the current chart Delete SL : will remove the stop loss for all open positions on the current chart Useful for everyone who opens multiple positions on the same asset, where fast execution is essential.

The utility opens an order in the opposite direction from already open positions on the currency pair on which it is launched, creating a lock of orders. The utility has a simple interface and is easy to use. MT5 version of the utility -  https://www.mql5.com/en/market/product/78126 If you like this utility, take a look at my other products -   https://www.mql5.com/en/users/nina_yermolenko/seller

Utility for know all informations and settings of all symbols available on your broker The informations that you can know are for example: - Spread - Digits - Tick value - Size step - Size minimum - Size maximum - Swap buy and sell - Margin required (for 1 standard lot) - Rollover day - Execution mode and many other informations You can filter the symbols by group or you can also choose to see the informations only of symbols available on market watch.

Adaptive Flow MAs is a moving average indicator designed to naturally adjust to market movements. Unlike traditional averages, it dynamically adapts its periods based on recent volatility and the current trend. The EMA closely follows rapid price swings to capture every impulse, while the SMA remains smoother, providing a stable and reliable reference. With a clean display showing the current adaptive periods, this tool helps traders feel the “flow” of the market without visual clutter. It’s cr

The selective pin bar is designed to identify reversals. To use the selective pin bar effectively, traders typically look for Strong Rejection: The tail of the pin bar should extend significantly beyond the surrounding price action. It indicates that there was a sharp rejection of higher or lower prices during the trading period. A strong rejection suggests that the market sentiment may be changing.

This indicator applies the  biquad high pass filter to the price-chart data, and displays the filter output for the OHLC as candlesticks. The candlesticks corresponds to the actual calculations of the filter value  during the formation of each price bar (not from all historical highs lows or closes). The shape of the bars therefore corresponds directly to the shape of each price bar. High pass filters are an underappreciated type of oscillator that are seldom used in technical analysis in the st

This script TEST and show the REAL commissions applied. It will open minimal (0.01) size orders, so your account WILL BE charged. Wait the orders to reach the TakeProfit, then in the Account History,  check the Commission, Profit and Comment of each position. MUST run on REAL account. Example: + Take Profit 70 - Spread 25 - Commission 18 = Profit 0 I made this script because tired of brokers   lying   on spread and commissions.

Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   This indicator is the best so far at estimating reversal points especially on high time frames. It does not repaint and is based on a combination of moving averages computed using custom functions. No inputs required, it is simple plug and play. The principles used ensure that it can be used on CFDs, Commodities and Stock with incredibly great results. With proper money management and portfolio balancing

SX Theme Setter is intended for changing chart appearance in 2 modes: - Gradient background mode: In this mode, the indicator creates a gradient background for your chart. Colors, steps and gradient type can be selected by user. - Color theme: Color theme mode provides more than 50 built-in different color themes which can be selected from a list. Most of these themes are converted from official color themes of real trading platforms of the past and present. Try them out and see if they suit

This utility binds each created graphical object to the chart symbol. Binding is performed by adding a symbol prefix to a graphical object name. Later, after you change the symbol on the chart, it provides displaying only the objects binded to the current symbol and all other objects become hidden. Parameters Ignore objects with prefix - the indicator will skip graphical objects with the specified prefix in their names. Note: demo version from the market is limited to strategy tester and cannot

RSI PHONE ALERT RSI Alert is an amazing tool to get alerted on your mobile phone when Overbought/Oversell levels reached on RSI indicator. So that traders who doing manual trading can execute their trades from mobile phone while following their RSI strategy, as most of the traders use RSI for entering their trades. New suggessions are welcome INPUTS RSI levels RSI period Start/End time of the tool Custom text message to get on mobile phone Enable/Disable mobile alert function available Do not fo

Skull Per https://www.mql5.com/en/users/earobotkk/seller#products This is a fully functional Expert Advisor. It is intended for trading major currency pairs with small spread. It uses scalping technique for quick profit and easy to use with simple input parameters. Input Max Spread:  maximum spread allowable for trading. Magic No: unique expert number. Lot: size of lot. Lot Multiplier: size of subsequent lot by multiplication. Take Profit: take profit in pips. Stop Loss: stop loss in pips. Trail

About Waddah Multimeter (free): This product is based on the WAExplosion Indicator. It helps identify explosive market trends and potential trading opportunities. Check out the detailed product post here for scanner and multimeter both: https://www.mql5.com/en/blogs/post/758020 Please note that scanner is paid and multimeter is free. Features: Waddah Trend Direction Trend Strength (above/below explosion line or deadzone) Trend Explosion Alert Alignment alerts Multi-timeframe Custom currency Mu

This indicator allows to hide OBV (on all MT4 timeframes) from a date define by the user with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Apply To Information on "On Balance Volume" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/on_balance_volume ************************************************************* Hey traders!!  Give me your feeds!  We are a community here and we have the same objective....

Features This EA is a fully automated EA for Forex trading. This EA will be entered when the volatility of the market increased. The target currency is GBPJPY. This EA takes up to two positions. The input parameters are optimized for H4,H1,M30. The maximum profit is set at 300pips. The maximum loss cut is set at 100pips. Parameters FUNDA -  If you only want to buy, please set 1. If you only want to sell, please set -1. if you wish both, please set both 0 . magic - Please set a magic number whic

Key Features: Type of Indicator: Line Break Chart Indicator Usage: Identifying trend reversals and potential market turning points. Input Parameters: The primary input parameter is 'Lines_Break,' which represents the number of lines the price needs to move to create a new line in the opposite direction. How it works: The indicator draws green and red histogram bars to represent the line break chart. Green bars indicate an upward trend, and red bars indicate a downward trend. The indicator calcul

The VR Object Delete All script solves the problem of garbage on the chart. it is often necessary to completely clear the chart of everything that is put on it, comments, lines, objects. The script completely deletes everything, even those objects that are not visible. When working, VR Object Delete All writes everything it does in the terminal log, as well as the names of objects to delete. Displays the number of deleted objects as a separate line. in case of any errors, it will display an erro

The GU_H1_120114111_S_Pi_CF_0712_SQ3 is an algorithmic trading strategy for MetaTrader, tested on GBPUSD using the H1 timeframe from April 1, 2004, to April 24, 2024.  There is no need to set up parameters, all settings are already optimized and fine-tuned. Recommended broker  RoboForex  because of EET timezone. You can find the strategy source code for StrategyQuant at the link:  https://quantmonitor.net/gbpusd-pivots-trend-master/ Key details are: Parameters Main Chart: Current symbol and

Triple Brain  EA is Your Smart, Safe, Profitable, Martingale, Hedging MT4 Auto Trading Forex Expert Advisor The Triple Brains Expert Advisor (EA), brought to you by GoStart.Biz, is an avant-garde trading tool meticulously crafted to augment your trading arsenal. Featuring a potent mix of sophisticated strategies including martingale recovery, hedging, and multi-dimensional trade management, this EA is tailored to empower the MetaTrader 4 platform users. System Compatibility and Requirements: Des

Kusama is an automated trading system that uses and candlestick patterns in combination with Standard Deviation calculations to open and close trades. This Expert Advisor is designed specifically for the USDJPY H1 Foreign Exchange(FX) market to open, monitor, modify and adjust orders automatically. Entry signals utilize  Shooting Star Candlestick patterns  and  Hammer Candlestick patterns . Long Exit Signals work on the Bearish Engulfing Candlestick patterns in combination with Standard Deviati

This is a medium-term conservative system. It tracks quote movements and defines entry points. The Expert Advisor is completely automated and features the unique algorithm. This demo version trades USDJPY. Features It does not use Martingale; No grid; No scalping; No excessive parameters; Fixed lot; No complicated settings. Trades are usually opened infrequently. Orders may remain open for a few days for obtaining greater profit. Amount of trades per month is from 5 to 20. Deals are closed by T

This Dashboard is free to download but is dependent on you owning the Flag Trend Pro  MT4  indicator.  Down load the indicator:  Flag Trend Pro  The   Dashboard      will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator: Gold Pro MT4   all time frame and all symbol:  smart algorithm detects the trend, filters out market noise and gives entry signals!!! How to understand the status: symbol -  Fill All the Pair what you want. M1, M5, M15,M3

Perfected MA (Moving Average) HTF (Higher Time Frame) is perhaps the most advanced and reliable HTF indicator. Highly optimized in terms of execution, the indicator comes with standard settings of the MA indicator which is supplied with the MT4 platform. Place the indicator on the chart, any timeframe.  You may select a higher time frame in indicator inputs. The same indicator can be used on a chart multiple times to draw MA from multiple timeframes or for different MA values. A must-have tool t

This indicator displays each bar's volume (visible range) in points. The display parameters are customizable. The indicator was developed for personal use (chart analysis). Parameters: ColorL - color of text labels. Position - label position: 0 - below, 1 - above. FontSize - font size. ANGLE - text slope angle.

MAs COMBO - Discover a Simple Yet Powerful Moving Average Indicator for MT4! This custom indicator is built around a smart combination of Simple Moving Averages —perfect for identifying high-probability trading setups with minimal effort. Even if you’re new to trading, you’ll quickly spot clear and profitable trade signals thanks to this indicator’s straightforward logic. The pattern recognition is so intuitive that beginners and seasoned traders alike can benefit right away!  Why You’ll Love Th

Telegram Alert With Emoji Description and User Manual EA Description Purpose:The Telegram Alert With Emoji sends real-time trading notifications to a Telegram chat or group for all trading activities in MT4, including new Positions (BUY/SELL), Pending Orders (BUY LIMIT, SELL LIMIT, BUY STOP, SELL STOP), Stop Loss/Take Profit (SL/TP) triggers, and closed Positions with profit/loss details. It includes a Rainbow Display on the chart and uses Global Variables to prevent duplicate notifications. [

This is the Free Version of "Quick Copier MT4" (Please check : https://www.mql5.com/en/market/product/34184) This free version is available to be used within 2 hours only, and it has limited features.  Please also check this product at fxina.hostingerapp.com. "Quick Copier" is designed to copy trading without any complicated settings. It copies master orders faster than "Just Copier". The copy can be done in one PC. One EA can be set as master (provider) or slave (receiver). The receiver lot ca

Draws Daily, Weekly and Monthly pivots and the respective supports and resistances levels (S1, S2, S3, R1, R2, R3). Ideal for placing stop losses and/or using as a break-out strategy. Features Unlike other pivot indicators in market you get very clean charts. Pivot levels are plotted irrespective of timeframe, on which you trade, i.e. M1, M5, M15, M30, H1,H4 or Daily timeframes. Pivot levels do not change when you change timeframe. Fully customizable options.    If you are looking at Fibonacci

This is a free version of the Dmytriyx Impulse Expert Advisor. The Expert Advisor analyzes the current price dynamics when it deviates from the average value. Uses pending orders in the impulse direction, at a fixed distance, then moves the pending order in the direction of correction. You can configure the number of pending orders to be placed in the signal direction - the distance between the pending orders is LevelDist , the lot value of each new order is equal to a half of the previous one (

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. Indicator Floating Highest Lowest provides you an intuitive, and user-friendly method to monitor the floating highest (profit) and lowest (loss) that all your trades together ever arrive. For example, I opened 3 orders, which arrived at $4.71 floating profit when trade following trend. Later when the trend is against me, these 3 orders arrive $30 in loss

Trading robot “OsloAlligator” (Version #3) Description: Trading robot “OsloAlligator” is an automated assistant for trading using Alligator, Fractals and ATR indicators to execute trades on the MetaTrader 4 platform. This version implements dynamic lot size calculation. Functionality: Strategy based on SMMA and ATR: The robot uses SMMA and ATR to determine entry and exit points. Alligator periods can be adjusted depending on market conditions. ATR is used to determine volatility and sele

This Expert Advisor implements an RSI Mean Reversion strategy with a moving average filter for trade entries. The EA uses higher timeframe RSI conditions to detect potential buy or sell opportunities, confirmed by a lower timeframe moving average. The strategy includes risk management features like limiting the maximum number of open trades, controlling risk based on ADR, and closing trades when a predefined account profit percentage is reached. It also includes visualization tools such as a bre

Индикатор "INFO Spread Swaзp Info Panel" для MT4, вспомогательный инструмент для торговли. - Индикатор показывает текущий спред и свопы валютной пары, к которой он прикреплен. Также идикатор показывает: 1. Дату и время сервера 2. Название сервера 3. Название влютной пары. 4. Спред 5. Своп 6. Открытые позиции 7. Отложенные ордера 8. Максимальная просадка после открытия индикатора 9. 30% от депозита. (можно менять) Можно менять положение, размер, цвет шрифта, расстояние между строками.

Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator SSMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notificatio

Indicator that serves to look at the size of the wick that leaves the candles according to the size that generates an alert to make manual entries. Take advantage of it to the maximum that a strategy poses vaces of the size of the wick of the previous candle or of the same current candle. to enter to buy and sell. It is an indicator that is necessary for any analysis that is taken for a new entry. It will be your favorite tool.

Vertical Lines for Hour - Time-Based Trading Indicator The Vertical Lines for Hour indicator allows you to mark up to 4 vertical lines at specific times on your chart. Simply enter the hour without considering the minutes, and you can also choose the color for each line. This indicator is useful for identifying session ranges or implementing custom trading strategies. It provides a straightforward solution for your trading needs. Key Features: Mark up to 4 vertical lines at specified times. Sele

Operation of the CodEx 4 Expert Advisor is based on patterns composed of consecutive candles. Positions are closed when opposite signals appear. Sequences of candles are encoded into an integer according to the following rule. The code number must be converted to binary form and the highest bit must be discarded. The resulting sequence of bits encodes a continuous sequence of candles, where 1 is a bullish candle, 0 is a bearish candle. The higher bits encode the earlier candles. For example: 19[

This indicator provides trading signals based on the polarity of the dynamical parameters of two digital signals. The dynamical parameters (momentum-acceleration) are derived by applying a high quality momentum oscillator, MTEMA LPD ( see Top Gun Oscillators ) to two digital signals. The MTEMA momentum oscillator is first applied to the price itself. Then, a rectification procedure is applied to the price based on the signals from the momentum oscillator yielding a rectified price signal. This s

This Dashboard is free to download but is dependent on you owning the   Advanced Trend Breaker .  Get the indicator here:   https://www.mql5.com/en/market/product/66335 The Dashboard   will show you on a single chart all the timeframes (M1 to Monthly) with their own status for the indicator: Advanced Trend Breaker   all time frame and all symbol: smart algorithm detects the trend,Support and resistance, filters out market noise and find breaker of entry signals！！！ !!! How to understand th

MP Relative Bandwidth Filter (RBF) is created to be used to identify your trading zones based on volatility. This easy to use technical indicator attempts to compare between Bandwidth of higher length and ATR of lower length to identify the areas of low and high volatility: Relative Bandwidth = Bandwidth / ATR The Bandwidth is based on Bollinger Band which its length ideally needs to be higher and ATR length needs to be ideally lower. After calculating Relative Bandwidth, the Bollinger Band is

Supreme Direction is an indicator based on market volatility , the indicator draws a a two lined channel with 2 colors above and below price , this indicator does not repaint or back-paint and signal is not delayed. how to use : long above purple line , short below golden line. Parameters : channel period ========================================================

Индикатор сглаженного Stochastic Oscillator (xStoh) Входные параметры: xK Period - K период xD Period - D период xSlowing - замедление xMethod - метод усреднения (0-SMA | 1-EMA | 2-SMMA | 3 - LWMA) xPrice field - тип цены (0 - Low/High | 1 - Close/Close) Принцип работы Индикатор перерассчитывает стандартный технический индикатор Stochastic Oscillator (дважды усредняет получаемые значения iStochastic).

This indicator helps you to find overbought and oversold prices based on William %R. Input Description: Wperiod: Period for %R indicator. OverBoughtLevel: Define the overbought level for %R. Must in between 0 and -50. OverSoldLevel: Define the oversold level for %R. Must in between -50 and -100. middle_value: When true, indicator also draw the middle points between upper and lower line. shift: Set an additional offset to the indicator. Several Notes: Set 0 and -100 as Overbought and Oversold lev

The Candle GAP indicator is an essential tool for traders utilizing Gap Trading Strategies as it automatically identifies candle gaps for each day of the week. A gap refers to a price level difference between the close and open of two consecutive days. This indicator recognizes four types of gap patterns: Common, Breakaway, Continuation, and Exhaustion. By incorporating this indicator into any chart, traders can validate their signals and enhance their trading decisions. One of the key features

SimpleCandleTrader MT4 EA SimpleCandleTrader MT4 EA is an Expert Advisor for the MetaTrader 4 platform that opens trades on each new candle based on the direction of the previous one. Trading logic: If the previous candle was bullish (close > open), the EA opens a Buy order. If the previous candle was bearish (close < open), it opens a Sell order. Each new position automatically closes the previous one, ensuring that only one trade is active at any time. ️ Input Parameters: LotSize — fixed l

For all those traders interested or currently trading Ichimoku, you will not want to miss this article. Although I am heading out in a few hours with my girlfriend to Harbin Hot Springs, I wanted to write a brief introduction to   Ichimoku Number Theory   as there has been a lot of questions (and confusion) about Ichimoku settings, time frames, etc. The basis of Ichimoku as known to most is the 5 lines; Tenkan Line Kijun Line Senkou Span A (part of the Kumo) Senkou Span B (other part of the Kum

The R Wavy Dash indicator transforms price data into an excellent trend-following signals indicator that works for trade entry and exit. It appears in the main chart as a colored signals line and can be used as a standalone trading tool. The R Wavy Dash indicator is very reliable, lightweight, and will not slow down your trading platform. Key Points Trend signal indicator Newbie friendly Non-repaint Well worth adding to your indicator collection This indicator can work together with any existin

The Channel Builder (CB) or Ivanov Bands indicator is a broad generalization of the Bollinger Bands indicator. First, in CB, the mean line <X> is calculated using various averaging algorithms. Secondly, the mean deviations calculated by Kolmogorov averaging are plotted on both sides of the middle line <X>.                The middle line <X>, besides the standard SMA, EMA, SMMA and LWMA averaging algorithms, can be Median = (Max + Min) / 2 sliding median (which is the default). In

The C ycleTraderPro Close Strength Value Indicator measures the distance from the OPEN of a new bar to the CLOSE of that bar. Input - length = 10 default We add these values together going back the the length setting. If the 1st bar was plus 10 ticks and then the next bar was minus 7 ticks, then this would register +3 There are 2 ways to trade Close Strength Value: 1. Trading in the direction of lower highs and lower lows and vice versa for buys, higher highs, and higher lows.  2. Trade when the

Automatically sends real-time notifications about trade opening, closing, and partial closing from MT4 to Slack. The utility supports 16 languages : English, French, German, Indian (Hindi), Indonesian, Italian, Kazakh, Korean, Dutch, Polish, Portuguese, Russian, Spanish, Turkish, Ukrainian, and Vietnamese. The product is designed for traders who need to receive Slack notifications without constantly monitoring the terminal. It is suitable for Expert Advisor users who want to monitor their activi

The GTAS BSI is an indicator designed to provide the trend direction and buy/sell signals, using combination of momentum indicators. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The BSI indicator is represented as a histogram under the price chart. +100 (green) value indicates a bullish trend. -100 (red) value indicates a bearish trend. When the BSI turns to +100 (green), it gives a potential buy signal. Wh

Smart tool system for opening orders by Trend Line automatic. Just drag a Trend line to define your breakout point then click "Confirm Order" button. The EA will automatically opening order when price breakout Trend line that defined by you. Work on live and back test (Strategy Tester) Can modify trend line on real-time. Note : This demo version is for testing on CADCHF pair only. The full version can be found here: https://www.mql5.com/en/market/product/11202 Features Drag trend line for open

DG Equity Monitor is a useful tool that keeps track of the daily transactions made on the account. The EA automatically and instantly closes all the trades running based on two conditions: 1. If the daily profit target is hit. 2. If the maximum drawdown is reached. An alert is sent immediately one of the above conditions are met. Parameters: Show Account Info -Choose whether or not to display the Account Info on the chart. Show Pop Up Alert -Show alert on chart when either condition 1 or 2 are