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Expert Advisors and Indicators for MetaTrader 4 - 94

icon 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.
PipFinite Strength Meter
Karlo Wilson Vendiola
4.63 (30)
How To Determine If The Market is Strong Or Weak? Strength Meter uses an Adaptive Algorithm That Detect Price Action Strength In 4 Important Levels! This powerful filter gives you the ability to determine setups with the best probability. Features Universal compatibility to different trading systems Advance analysis categorized in 4 levels Level 1 (Weak) - Indicates us to WAIT. This will help avoid false moves Weak Bullish - Early signs bullish pressure Weak Bearish - Early signs bearish pre
"Nice Forex Pro" is particularly effective for the EUR/USD currency pair, which is one of the most popular and liquid pairs in the Forex market. The EA can be optimized for this pair due to several reasons: Why "Nice Forex Pro" is Best for EUR/USD : High Liquidity : The EUR/USD pair is the most traded currency pair in the world, which means it offers high liquidity. This results in tighter spreads and less slippage, making it ideal for automated trading systems like Nice Forex Pro , which rely
Description of the Indicator Trend Stop shows the highest/lowest value of the last N periods. Can help traders identify the trend direction and potential stop levels.    Use Trend Stop indicator to detects the trend direction. Downtrend if the price crosses the Trend Stop line upwards  Uptrend if the price crosses the Trend Stop line downwards  Use Trend Stop indicator to  define  optimal stop levels. Downtrend Place your stops    above the Trend Stop line Uptrend Place your stops below the
This indicator shows bands (flexible corridor) for a current price movement and the change of trend. The indicator can be used on any time frames and currency pairs. The following input parameters can be easily changed for your needs: nPeriod = 13; - number of bars which the indicator will use for calculation Deviation = 1.618; - coefficient for bands distance from the middle line MaShift = 0; - shift from current bar
Multi Timeframe Indicator includes a lot of functions and can be considered as a universal helper for a trader. It's main objective is to display up to 10 indicators at a time using just one small brick per each of them. These indicators involve Awesome Oscillator, CCI, DeMarker, MACD, RSI, RVI, Stochastic, Larry Williams' Percent Range, Bulls Power and Bears Power. An important function of the indicator is an ability to monitor signals from different timeframes. You can choose different combina
This is a linear indicator of a currency power having the ability to filter by smoothing values. It shows the current power of selected currencies (the maximum number is 8), as well as historical values. Calculation depends on the selected chart timeframe the indicator is launched at. The indicator displays data as lines for all currencies or as a histogram for the current currency pair. The intersection of the currency strength indices for the current currency pair is additionally displayed as
DSZ Smart Volume
Dariusz Szewczyk
5 (1)
DSZ Smart Volume indicator displays the current and future values of the volume. Every instrument has its own personality which comes from events like market openings, lunch times, news releases and night. DSZ Smart Volume simply analyzes volume statistically to create volume distribution over day. Volume bars are red if values are below average and green when above. The line represents volume distribution over a day. Colored band in the bottom represents volume distribution. Interpretation Re
Without volatility, trading the financial market is close to impossible. Profit is made ONLY when the price is moving. The ERXGen (Early Riser Next Generation) system is a short-term trading technique built around the phenomenon that there are certain times during a trading day when the price volatility has the tendency to be high. In essence, ERXGen is based on the very popular London Open Breakout strategy, although with bespoke tried and tested rules that increase consistency and profitabilit
DeMarker (DeM) indicator is another member of the Oscillator family of technical indicators. Traders use the index to determine overbought and oversold conditions, assess risk levels, and time when price exhaustion is imminent. This indicator shows DeMarker data from 9 currency pairs of your choice for all 9 timeframes. If a digital value of DeM is less or equal to DnLevel = 0.3 (or whatever number you decided to put), Green square appears. This is potentially an oversold condition and may be a
This is a multi timeframe version of the  Supply and Demand indicator . It allows you to analyze a chart using the law of supply and demand on three different timeframes at a time. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Supply and demand zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of
The Average Directional Index (ADX), Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system. This indicator shows ADX data from 9 currency pairs by your choice for all 9 Time Frames. Input parameters From Symb1 to Symb9 - you may change any of this Symbol to any legal currency pair existed on your platform. MainLine = false; - if TRUE then the ADX measures trend strength without regard to trend direct
The EA allows a trader to place stop loss invisible for brokers and thereby prevent false breakthroughs and unwanted stop loss triggering. When you use standard stop loss, the price may break through stop loss before moving to the direction of an open order and therefore the orders is closed. Interactive Stop Loss removes standard stop loss of the open order and adds a horizontal line instead. After this it maintains the order until the line is crossed by the price. And then it finally closes th
HoughTransform
Stanislav Korotky
This indicator automatically builds an alternative set of resistance and support lines based on areas where price are concentrated (instead of extremum points). The algorithm utilizes Linear Hough Transform ( Wikipedia ). New lines are used for trading in the similar way as in the classical approach, that is they indicate points for possible reversal or breakthrough in the future price actions. Yet their main advantage is that they cover most populated and consistent price regions, discovering a
Pending Orders Grid Complete System opens any combination of Buy Stop, Sell Stop, Buy Limit and Sell Limit pending orders and closes all existing pending orders. You will be able to Drag-and-Drop the Script on the chart and it will pick up the start price for the first position in the grid from the "Drop" point. Usually it should be in the area of Support/Resistance lines. Input Parameters Before placing all pending orders, the input window is opened allowing you to modify all input parameters
Matematik
Vladimir Khlystov
The Expert Advisor is based on simple mathematics. The EA places two opposite-directed orders. Wherever the price goes, one order will always have a positive result, the second one will have negative. If we average it, then on the return movement of the price (only a few spreads) the averaged orders are closed and there is only profitable order left! The EA trades through its profit. Of course, the averaging positions also add profit due to MinProfit , especially if you use rebate programs to re
Stardust
Evgeniy Zhdan
StarDust searches for divergences in the values of several indicators considering them as signs of flat and enters the market if a relatively steady trend is detected. The Expert Advisor trades "basic" symbols with a low spread. The best results are achieved on М15. The EA automatically adjusts to 4 and 5-digit quote flows. Settings Comment_to_orders – comment to a placed order. The field can be left blank if no comment is required. MM – enable money management with automatic setting of a work
DSZ Smart ATR
Dariusz Szewczyk
5 (3)
DSZ Smart ATR indicator displays the current and future values of the True Range . Indicator analyzes volatility statistically and create Average True Range distribution over day. Unique future is that time frame of indicator can be set freely from main window allowing to have different perspective. Bars are red if values are below average and green when above. Benefits Gives true value of ATR filtered from data from non regular trading time. Indicates significant candles when they exceed expe
This indicator is designed for H1 and H4 timeframes (TF) only. No input parameters because it is tuned to these two TF. It draws two step-like lines: a main Silver line and a signal Red line. These two lines are calculated so that to enhance the filtration of the market noise. Buy when the main line goes above the signal line. Sell when the main line goes below the signal line.
Supplement for Alpha Trend Spotter (ATS) Indicator: https://www.mql5.com/en/market/product/8590 This indicator acts by price action. Use it when ATS shows clear Bullish or Bearish Trend for finding the strongest trend each day. Suitable for timeframes M5, H1, H4 and D1. Suitable for Binary Option 5 minutes signal. How to Use: RED Arrow means Sell GREEN Arrow means Buy
This indicator works on every currency pairs and time frames (TF). One input parameter: nPeriod - number of bars for histogram calculation. I recommend to optimize nPeriod value for each TF. If Green histogram poles are crossing the zero line from below then Long position may be opened. If Red histogram poles are crossing the zero line from above then Long position may be opened.
Want to know if to go long or short on any currency pair? 5TT Currency Strength Index is the answer! 5TT Currency Strength Index is a unique indicator for determining the short-term strength of any currency. Each currency strength is determined by an index of the currency with the strength of 7 other major currencies. The indicator is constantly monitoring price action across 28 currency pairs and 56 combinations; taking the following into consideration Price volatility. Short-term price range.
NickZ Tool
Nicolas Zouein
This is a must have tool for a serious trader. It saves your precious time spent for opening/closing trades, creating pending trades and modifying your TP/SL in bulk according to either pips or price. If you need to quickly open several pending orders (Buy Stop, Sell Stop) at a certain distance from each other, this script will do all the routine for you! The first time you use this handy tool, you will realize it has already paid for itself. Instructions: Drag and drop this script onto a chart.
The ProfileVolumesMarket indicator calculates tick volume on each price level in a selected range. Volume is vital when determining strength and therefore significance of price levels. The calculation range is set by a trader by means of moving two vertical lines. Thus the indicator allows to track important levels on different steps of a symbol price formation. A histogram of volume profile can be displayed on the chart (or removed from the chart) if you press "ON" ("OFF") button. When you chan
Alpha Trend Spotter (ATS) Volume Break Out This is an indicator that combines Volume breakout/breakdown and Moving Average Breakout/breakdown. It is able to predict further price changes. It is not repainted, not recalculated. All lines are shown at the open of a new candlestick, never winking or vanishing in the current candle. These lines are appeared at the beginning of the current candle. Suitable for M5 to D1 Timeframe. How to Use: If Green line appears, that shows the "oversold" area, so t
Simply drop the indicator on a chart, and you will always know when candlesticks form one of the Price Action patterns! The indicator automatically analyzes recently closed candles, and notifies if they form any of the Price Action patterns. The following classical patterns are analyzed: Pin bar Outer bar Pivot Point Reversal Double base Closing price reversal Force bar Mirror bars Move-congestion-move For each pattern, the indicator also shows trade direction in accordance with the classical Pr
The indicator is created for professional trading by Fibonacci levels. AutoFiboLevels plots Fibonacci retracement and extension levels on impulse and corrective wave. The indicator unambiguously interprets a market situation. Points of extremum for level plotting are calculated using fractal analysis. A trader can independently set retracement and extension levels and calculation time frame adjusting the indicator for various strategies. Parameters: WorkTF - time frame for indicator calculatio
DragonM
Dmitry Fedoseev
5 (1)
The indicator determines Dragon pattern. It is based on the zigzag. There is buffer 0 which has no color located in the Colors tab. You will see the zigzag if you set it to some color.  The indicator draws an up arrow when it detects a pattern which assumes further upward movement of the indicator. Similarly, the indicator draws a down arrow when it detects a pattern which assumes further downward movement of the indicator. Parameters: Alerts - show alert when an arrow appears. Push - send a pus
This is an expert advisor that will trail stop loss of orders selected from the list displayed on the chart. To make it run, add the expert to an empty chart (please set it on a chart that is not in use for analysis or other trading purposes, you can minimize it when setting a new order trail timed stop loss is not required). Set the number of pips to trail and the number of minutes to wait for the next stop loss review at the inputs tab in the Expert Properties window. From the list displayed o
This indicator searches for the strongest trend and works on any timeframe. D1 timeframe is recomended. The product features three lines showing fast, medium and slow bars. If red bars appear at each of the three lines simultaneously, there is a strong bearish trend. If green bars appear at each of the three lines simultaneously, there is a strong bullish trend. The indicator does not repaint and can be combined with other indicators. It is also suitable for binary option trading.
The indicator displays the moving average of all periods on one chart. It shows the MA of a one step lower timeframe and all the MAs equal to and higher than it. Parameters Period moving average - Moving Average period (default is 34); Used to calculate price - price used for the MA calculation (default is the average price = (high+low)/2); The averaging method - default is linear-weighted; Moving average shift - MA shift (default is 0). Just enter the MA calculation period and its parameters,
Hammering
Iurii Tokman
Hammering is an automated trading system which works on any currency pair. Multi-currency and single-currency trading is performed. Making decisions the EA uses signals of the Slope Direction Line indicator. Settings. Profit_Percent_AccountEquity = 0.4; - profit as percentage of free margin Fix_AccountEquity = 0; - fixed level of free margin FIX_PROFIT = 1000; - fixed level of profit period = 55; - indicator period. FilterNumber = 2; - indicator filter. ma_method = 3; - indicator averaging metho
5TT Pivot Lines is a visual display of pivot lines. These are primarily support and resistance points with the 'Blue' Pivot Point. Pivot points are useful for determining key levels for entry or exits (setting targets and stop loss levels). Having these support & resistance lines visually displayed on the chart is very useful for intraday traders. 5TT Pivot Lines come with some user-friendly settings to decide if to display the lines or connectors on the chart Settings CandlesBack: This gives th
The product combines a manual trade panel with the ability to perform actions automatically in a highly configurable way. Actions include capturing indicator values and then based on those values raising alerts, open/close or partially close trades, scale-in, setting up pending orders, adjusting stop loss, take profit and more. On-chart controls can be configured, such as tick boxes and buttons, so can be fully interactive. The EA also handles money management, news events, hidden stop loss, tak
TrafficLight
Stanislav Korotky
TrafficLight provides simple trading buy and sell signals. The indicator shows reversal points and ambiguous points on current chart using cross rates. Only completed bars are counted. Buys are denoted by green arrows, sells - by red arrows. Yellow diamonds denote bifurcation points. Distance to the arrows relatively to the current price is a measure of volatility on the cross rates, and can be used as future price movement estimate for the work symbol. Due to the fact that indicator is calculat
Robo Grid FX
Iurii Tokman
ROBO GRID FX is a grid Expert Advisor. It is developed for intraday trading in the active market and on fast currency pairs. This is a grid EA with a closed-loop averaging system. The closed-loop averaging system represents a stable strategy of moving to breakeven in case of the deposit drawdown on fast and aggressive currency pairs. The EA places a grid of pending orders in both directions and locks it on the breakthrough of a quote fluctuation in the channel of 40-60 points in case of an unrpo
Boom
Iurii Tokman
The Expert Advisor is based on the indicator analysis. Trading decisions are made using Moving Average values. Indicators can be configured by external variables: TF = 0 - select a working timeframe. It can be one of the chart periods. 0 means the current chart period. 1 - 1 minute. 5 - 5 minutes. 15 - 15 minutes. 30 - 30 minutes. 60 - 1 hour. 240 - 4 hours. 1440 - 1 day. 10 080 - 1 week. 43 200 - 1 month. shift = 0 - index of obtained value from the indicator buffer (shifting back by specified
Forex Jumper
Iurii Tokman
1 (1)
Forex Jumper is an Expert Advisor for trading EURJPY. Candlestick pattern analysis is used for generating trading signals. The EA uses BUYSTOP and SELLSTOP pending orders. Settings: Lot = 0 - manual setup of the opened orders' volume Risk = 13 - MM risk percentage, the parameter works if Lot = 0 MagicNumber = 208 - ID of EA orders and positions, magic number TP = 20 - virtual profit level in points if there is a single unidirectional open position on the market TP2 = 20 - virtual profit level in
This Indicator will draw support and resistance (SR) in chart and give alert whenever there is a Support or Resistance Breakout. It has a variable to control SR line length (default 100) 500 is recommended. Support and resistance (SR) The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade or even the expert traders. As we all know that
The indicator places levels on the chart: day and week high, day and week low. When the price crosses the high's level upwards or the low's level downwards, the indicator beeps and send a notification (Alert and Push-notification on mobile phone ) indicating a direction and an instrument by which crossing has occurred, and also draws arrows. Visual parameters: Day_Width   - daily level width. Days_Alerts - enabling Alerts. Days_Arrows   - enabling drawing arrows. Day_High   - color of daily high
The indicator calculation is based on the analysis of the price characteristics of bars and is adjusted by the ATR value. The degree of the ATR influence is determined by the ratio. The color scheme of the indicator depends on the direction of the current trend. A change in the trend is displayed by an arrow and a corresponding message. Depending on the strategy chosen by the trader, this indicator can be used to generate market entry signals, to place stop loss or close trades, and can also be
OnlyTrend
Sergey Zhukov
The indicator has been developed as a trading system component. It has proven to be an efficient technical tool when following a trend. The indicator shows the most suitable market entry points. It can be especially useful to those who add to positions after corrections in the trend direction. When a signal appears, the indicator generates an alert. The settings contain the depth of the indicator display history and ability to disable alerts. The signal is generated upon closing of the current
This indicator draws Fibonacci level automatically from higher high to lower low or from lower low to higher high. With adjustable Fibonacci range and has an alert function. How to use Fibonacci Risk Reward Ration (R3) into trading strategy Forex traders use Fibonacci-R3 to pinpoint where to place orders for market entry, for taking profits and for stop-loss orders. Fibonacci levels are commonly used in forex trading to identify and trade off of support and resistance levels. Fibonacci retrace
SuperTrend 2015
Hoang Ngoc Thach
The idea for indicator is using multi-SuperTrend line to define market trend and Multi Moving Average line to find good entry point. The signal doesn't repaint, wait until the bar closed to make sure the signal is confirmed. Lowest RoyalBlue line is used for Buy stoploss. Highest Magenta line is used for Sell stoploss. Indicator supports alert when signal is coming (sends email, push notifications, sound alert). High Timeframe is better for using. Indicator parameters: CountBars = 500 — How m
CCI Exit
Hoang Ngoc Thach
5 (1)
This is a great indicator to find an exit point. We never know when the market is going to change its trend. Many indicators give you a good entry point, but not good to use opposite signal as an exit point, because the signal always comes too late. This indicator will protect your profit as soon as possible when a signal to exit is found! Don't use this signal to enter, it may not be good for making an entry. The signal doesn't repaint, wait until a bar closes to make sure it is confirmed. Indi
Candle Pattern Finder
Pavel Zamoshnikov
5 (10)
The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con
Market Profile
Artem Titarenko
5 (1)
The "Market Profile" indicator displays the profiles and volumes of periods – weekly, daily, session (8-hour), 4-hour, hour, summary. The VAH/VAL price area is automatically highlighted by a dotted line for each profile (except for the summary). The indicator includes chroma Delta, which colors the profile areas. The areas of prevailing Buys is colored in green, that of Sells - in red. The intensity histogram features blue/red respectively. In the filter mode, the indicator displays the volume a
Agile
Andriy Sydoruk
This is a professional Expert Advisor, which implements the strategy of trading using the Divergents and DivergentsPoint indicators, as wells as filters of the global trend on higher periods. Analyzing the indicators, the system enters the market with a limited martingale and the ability to open up to 8 orders in one direction. Each series of orders has mandatory TakeProfit and StopLoss levels. Also, a trailing stop based on the SAR indicator is activated for a series in breakeven. The robot aut
Bands Jazz
Iurii Tokman
Bands Jazz EA is based on the analysis of the Bollinger Bands indicator. The EA algorithm is simple - it uses Stop Loss, Take Profit and Trailing Stop. Settings TimeBeginHour —trading start hour. Values 0 to 24. TimeBeginMinute —trading start minute. Values 0 to 60. TimeEndHour —trading end hour. Values 0 to 24. TimeEndMinute —trading end minute. Values 0 to 60. period —averaging period for Bollinger Bands calculations. deviation —number of standard deviations from the main line for Bollinger
Smart YTG
Iurii Tokman
4.67 (6)
Smart YTG has been developed for trading GBPUSD on the H1 chart. This is a trend following system and works well during trending price behavior using STOP orders. It detects trend by analyzing the Price Channel indicator which is built straight into the Expert Advisor, therefore you do not need to additionally install any indicator. On the flat areas where the market is undecided, and further movement of the market is being determined, a breakeven function is activated, and if there are open pos
This indicator automatically draws Support and Resistance lines based on High and Low Candle at every timeframe. Support and resistance have a recurring nature as a trader goes through the process of building a strategy. Because of its importance, it is often reasonable for a trader to build object patterns for incorporating these prices into a strategy. When strong support and resistance levels are found, this can enable traders to effectively plot their approach, manage trades, and adjust risk
Fibox4
Denny Muhammad Zein
5 (2)
Fibox4 indicator displays Fibonacci Retracement, Pivot Point, and many other useful information for analysis. The interface is improved by providing clickable button on chart to switch on/off H4, daily, weekly, monthly swing retracement level. In addition, fibox4 displays Current Daily Range and Weekly Range. This version can be used for all pairs..
Time zone breakout
Alexandr Liska
5 (5)
Simply breakout EA on highest and lowest point of choosen period of time. EA works on H1. This is not full EA. You need to set your strategy and know profitability. I am using it for London breakout 08:00 to 09:00 (set for UTG+1, if you want to used it too, change time to fit your timezone), picture of setting are below. Parameters Start of timezone - When your zone start (xx:xx) - minutes must be 00 End of timezone - When your zone end (xx:xx) - minutes must be 00 Max width of zone - Max allo
This indicator is customized for binary option trading like M1 timeframe or turbo option trading. The way a binary option works is from the traders perspective is that you choose whether or not a certain underlying asset (a stock, commodity, currency etc.) is going to go up or down in a certain amount of time. You essentially bet money on this prediction. You are shown how much money up front you will earn if your prediction is correct. If your prediction is wrong, you lose your bet and the mone
The Nash Equilibrium MT4 draws the channel as a Trend and as Envelopes or Bands. You may use these white lines as levels for overbought and oversold conditions. Inside Bands, this indicator draws dot white line as a median line between the two bands and Aqua or Orange line and you may use this change of colors as moment to enter the market. Parameters nPeriod = 13 - number of Bars for indicator's calculation. nBars = 500 - number of Bars where the indicator is to be shown. Attention : This indic
Forex TrendsRider
Opengates Success International
System Introduction Fx TrendRider is an amazing EA that takes pips as easy as the market itself because it rides with the trends and masters the trend direction and market conditions as it is at any point in time. Money Management The default lot size setting is 0.10, you can start with that first and see how it goes, then you can increase your lot according to your account balance but do not trade with the money you cannot afford to lose even though with time, you will discover that you can u
Eureka Lock
Iurii Tokman
The Eureka Lock Expert Advisor detects flat price movement intervals relative to the specified settings. Trading is performed by BUY STOP and SELL STOP pending orders from the borders of the defined flat. Instead of limiting the losses, a loss-making position is locked by an increased volume. A virtual profit level is used as well. Settings: TF_flet = 15 - timeframe a flat is detected at Bars_flet = 25 - amount of bars for a flat detection extern int Size_flet = 30 - distance limit between the
The product shows general information in a single chart window. It is convenient when you trade many symbols simultaneously. The indicator shows the total number of positions and pending orders. The following info is displayed for opened positions: symbol, amount of opened buy orders for this symbol and their total profit in deposit currency, amount of opened sell orders and their total profit, total profit of opened buy and sell orders. The following info is displayed for pending orders: symbol
Stochastic Ichimoku
Pavel Zamoshnikov
4.43 (7)
This indicator signals about Stochastic crossing in the trend direction which is determined by the position of the price relative to the Ichimoku cloud. Features: Flexible settings: filtering signals by bullish/bearish bars ( parameter "BUY - the bullish bar only; SELL - the bear bar only" ); setting levels of Stochastic crossing ( parameters "BUY-signal if Stochastic below this level" and "BUY-signal if Stochastic below this level" ) ability to use the Ichimoku cloud of higher timeframes ( pa
Divergents
Andriy Sydoruk
Indicator of divergences. It can help you identify the flat and trend areas. It can be applied as a trading filter. It has only one parameter - Period . The indicator does not show entry points, but only visualizes the information. Keep in mind that the approach to trading should be comprehensive, additional information is required for entering the market. Parameters Period - period of the indicator.
Trend indicator based on the price divergence. It can help you in finding the entry points during the analysis. It can be applied as a trading filter. It has two parameters: Period and Level . The Level parameter allows filtering out unnecessary signals. For example, the Level parameter can be set to 0.0001 for EURUSD. The indicator can work both as an entry point generator and as a filter. The indicator clearly visualizes the information. Keep in mind that the approach to trading should be comp
All Pending Orders with StopLoss opens any combination of Buy Stop, Sell Stop, Buy Limit and Sell Limit pending orders and closes all existing pending orders. If boolSL = true then this Script will calculate one common StopLoss value as the StopLoss for a first/last orders and put this value in all pending orders. Input Parameters Before placing all pending orders, the input window is opened allowing you to modify all input parameters: DeleteAllPendings : if true , then all pending orders (for
NewsSpeed
Anatoliy Lukanin
Written for currency pairs: GBPUSD, USDJPY, XAUUSD There is a built-in function to return the stop to its place after slipping, an example of slipping in the last screenshot., in a similar situation, the function tries to return the stop to the place indicated when placing the order. The number of transactions in the strategy tester, demo account, real account is almost the same, the result depends on: the size of the spread, slippage, Stop Level and the speed of execution of the broker. Availab
Introduction to Smart Renko The main characteristics of Renko Charting concern price movement. To give you some idea on its working principle, Renko chart is constructed by placing a brick over or below when the price make the movement beyond a predefined range, called brick height. Therefore, naturally one can see clear price movement with less noise than other charting type. Renko charting can provide much clearer trend direction and it helps to identify important support and resistance level
Prise Reversal
Alexey Surkov
4 (1)
This oscillator takes into account the data from a number of standard indicators. Using this data, it forms its own (more accurate) signals. Prise Reversal helps to identify reversal points during the flat and the price extremums during the trend. At these points, you can enter a counter-trend with a short take profit. Besides, they indicate the time intervals when you cannot open a trend-following deal. After a few days of using the indicator, it will become an integral part of your trading sys
V Max NX
Szymon Palczynski
Hundreds of possible combinations and only two strategies. By using automated software like an EA, you can benefit from the following advantages: it can trade while you are sleeping, it is not susceptible to emotions and you can quickly run backtests. However, it is hard to ascertain whether an EA will help you to achieve consistent profits. Lots of EAs are profitable on a demo account, but for some unknown reason, when the trader tries to apply it on a live account with their own funds, suddenl
The indicator calculates currency strength of eight major and also can calculate strength of any other currency, metal or CFD. You don't need to look through a lot of charts to determine the strong and weak currencies, as well as their current dynamics. The picture of the whole currency market for any period can be viewed in a single indicator window. Built-in tools for monitoring and controlling the situation will help you not to miss out on profits. Main Features It is able to display only t
Binary Options Trading Pad is a very useful tool for trading binary options on the MT4 platform. No need to setup plugins outside MT4 anymore. This is a simple and convenient panel right on MT4 chart. Demo: For testing purpose, please download the free demo version here: https://www.mql5.com/en/market/product/9981 Features One-click trading buttons on the panel. Trade multi-binary option symbols in one panel. Auto recognize all binary options symbols. Show order flow with expiration progress. M
Allows symbols/currency pairs to be ordered based on a configured indicator, with the best performing symbols shown at the top. This helps you to select the symbol with better prospects from a given list of symbols. Can optionally alert when a symbol moves into the top two (configurable). Also shown is the number of pips that the symbol has moved in its current direction, allowing you to tell if you've 'missed the boat'. Further, a graph is shown, per symbol, of the indicator value over time all
The indicator MilkyWay is calculating and draws a blue or red ribbon as a trend and as a filter. In case the price is moving inside the ribbon you should not enter the market. In case you see a blue trend and the current price is above the blue ribbon than this is a good time to go Long. In case you see a red trend and the current price is below the red ribbon than this is a good time to go Short. Only 1 input parameter: nBars = 500; - number of Bars where the ribbon will appears.

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