This indicator draws: 1 Kijun Sen + 1 Envelope + 3 Price LabelsThe Kijun Sen, Envelope and Labels can be hidden as required. Envelopes can be used to identify: Price ranging; Overbought price levels; Oversold price levels; Take Profit levels; Stop Loss Levels.All parameter changes can be permanently saved and loaded via the Save and Load buttons in the Inputs tab. The Color tab offers limited and temporary change that expires on chart close or timeframe change, unless permanently sa
SR lines indicator draws the support and resistance lines on a chart. The lines are drawn using maximums and minimums. They are detected using intersections of two moving averages. The indicator has two input parameters: First MA Period and Second MA Period. They are used for specified the periods of the corresponding moving averages.
This indicator displays the currency indices. For calculation you can use Moving Average, RSI, MACD, Stochastic or Laguerre. Laguerre was created by John Ehlers - the expert who applied digital signals processing methods to futures trading. Input Parameters period Stochastic K%: K period of Stochastic; period Stochastic %D: D period of Stochastic; period RSI: period of RSI; period Moving Fast: period of the fast Moving Average; period Moving Slow: period of the slow Moving Average; gamm
EAmicroMoney Free Expert Advisor works on 1 currency pair - EURUSD. Lots are set up manually in the InpLots parameter. Optimization of the InputLots parameter increases the performance of this Expert Advisor. It is based on filtered-MACD to trigger the BUY or SELL signals. Open positions are closed by Take Profit, Stop Loss or according to opposite signals. If you want to use more currency pairs, please use the EAmicroMoney Multi Expert Advisor. Input Parameters: InpLots - Lots; InpTakeProf
High Profit, Low Risk This Expert Advisor uses multiple Bollinger Bands for entries and exits; it also uses a Stop Loss. The Expert Advisor performs many trades, so the performance test has a very good accuracy. Backtest was done on EURUSD, M5. You can try other сurrency pairs, but you will need to optimize the Expert Advisor. If you have any questions, just leave a comment or write me a private message.
The analysis of combined movement of multiple instruments on the same period of time in a convenient visual way with quotes displayed in one and the same chart with a common price scale. This is the purpose of the multicurrency indicator for analysis of the price divergence Multi Symbol Price Divergence developed for MetaTrader 5. In the input parameters, you can specify up to 5 symbols to be analyzed. Including the current symbol you can analyze up to 6 symbols in total at the same time. The i
AIIV USD - Active Index Inflection Values USD The indicator shows the intensity and the direction of the movement of USD. This indicator allows determining a state of inflection on the market with a delay of one-two candlesticks and a 60% precision (precision depends on the chart timeframe - the higher the timeframe, the more precise is the forecast). AIIV is a series of indicators of inflection values. Other popular currency pairs are planned to be covered in further developments that will b
AIIV EUR - Active Index Inflection Values EUR The indicator shows the intensity and the direction of the movement of EUR. This indicator allows determining a state of inflection on the market with a delay of one-two candlesticks and a 60% precision (precision depends on the chart timeframe - the higher the timeframe, the more precise is the forecast). AIIV is a series of indicators of inflection values. Other popular currency pairs are planned to be covered in further developments that will b
AIIV EURUSD - Active Index Inflection Values EURUSD The Indicator Shows: The intensity and the direction of the movement of USD. The intensity and the direction of the movement of EUR. The inflection value of EURUSD.This indicator allows determining a state of inflection on the market with a delay of one-two candlesticks and a 60% precision (precision depends on the chart timeframe - the higher the timeframe, the more precise is the forecast). AIIV is a series of indicators of inflection
This Expert Advisor catches quick movements of the price of a currency pair and opens positions in the movement direction. The functionality is the same with the MetaTrader 4 version. It includes stop loss, take profit and a system of averaging. Full version of the system for MetaTrader 5: Exp-TickSniper MT5 FULL. Full version of the system for MetaTrader 4: Exp Ticksniper The complete instructions (in Russian) are provided in our blog.All updates to our forex software are free!Devel
For opening positions, the Expert Advisor uses signals from the Relative Strength Index (RSI) indicator. Input Parameters: Period of RSI - RSI period; Signal level in percents - level the line should cross to generate a signal for opening a position; Take in atr, 0 - do not use a take profit - take profit size calculated using ATR (50) applied to the current timeframe. If the parameter value is 0, it is not used; Stop in atr, 0 - do not use a stop - stop loss size. If the parameter value
The indicator includes two parts. Part I: Color Candles Show the Major Trend Color candles is to identify the market state by color candlesticks. As shown in the screenshots, if the color is Aqua, the market is in a state when you should place long orders or exit short orders. If the color is Tomato, it is the time to place short orders or exit long orders. If the color is changing, it is better to wait for its completion (until the current bar is closed). Part II: Draw bands The inner ban
This is not just an indicator; this is a quantitative presentation of a great idea. This indicator detects the following major price patterns: 5-0 AB=CD Bat Alternate Bat Gartley Crab Shark Ideal Butterfly Three Drives All the pattern definitions can be found at HarmonicTrader.com. Unlike other similar indicators, this indicator is not based on ZIGZAG indicator. As you know, the high/low result of ZIGZAG indicator is uncertain; the last value floats in a wide range. This indicator c
A unique indicator for determining global trends developed on the basis of the Renko method. The indicator sets up for the entire history by itself depending on the search period chosen. It works on all instruments and timeframes and it requires some price history for the analysis. The indicator values and levels are stored in global variables and thus can be used in Expert Advisors. The indicator is not redrawing. If you have any questions or need to improve this indicator, please write at v
The indicator displays entry points on the chart using arrows. Three exponential moving averages (EMA) are used: The fast one (red) with the parameter of averaging MaPeriod; The medium one (green) with the parameter of averaging equal to MaPeriod * 2; The slow one (black) with the parameter of averaging equal to MaPeriod * 4.Condition for Opening a Long Position: The fast EMA crosses the medium one upwards; The medium EMA is above slow one.Condition for Opening a Short Position: Th
For opening positions, the Expert Advisor uses the signals of the Three Moving Averages Signal indicator. Input Parameters: Period of fast ma - period of the Three Moving Averages Signal indicator; Take in atr, 0 - do not use a take profit - take profit size calculated using ATR (50) applied to the current timeframe; If the parameter value is 0, it is not used; Stop in atr, 0 - do not use a stop - stop loss size. If the parameter value is 0, it is not used; Trailing in atr, 0 - do not use
This indicator is not multiple MA indicator cluster. It draws trend band by dual moving average lines with multiple colors, and includes: Uncertain rise; Uncertain fall; Certain rise; Certain fall. All currency-pairs and all timeframes are supported. Both MetaTrader 5 and MetaTrader 4 versions are available. Price is US$10 each. If you need a MetaTrader 4 version, please leave a message with your comments. Enjoy!
This is a simple to use Pin Bar indicator for the MetaTrader 5 platform. Current configuration sets a pin at: Min nose ratio: 60 Max body ratio: 40Both are customizable. On a bearish pin a red diamond/dot appears. On a Bullish pin a green diamond/dot appears (only after the candlestick has closed). The indicator works on all timeframes. Pictures show 2 different timeframes and different settings.
Technical indicator Relative Strength Index (RSI) is a price following oscillator, whose values vary between 0 and 100. Values below 30 indicate an oversold state, and values above 70 indicate an overbought state. The classic interpretation of it is the following: if the oscillator line goes out of the oversold zone, it is a signal for opening a long position. If it goes out of the overbought zone, it is a signal for opening a short position. The indicator displays entry points on the chart usi
For opening positions, the Expert Advisor uses signals from the Average Directional Movement Index (ADX) indicator. Input Parameters: Period of ADX - ADX period; Value of main line as trend force - level the ADX line should cross to generate a signal for opening a position. Take in atr, 0 - do not use a take profit - take profit size calculated using ATR (50) applied to the current timeframe. If the parameter value is 0, it is not used; Stop in atr, 0 - do not use a stop - stop loss size.
ROMAN5 Time Breakout EA with Advanced TrailingStop includes the BreakEven feature. It automatically draws the boxes for daily support and resistance breakouts. When the price is below the support line, it is a sell signal; and when the price is above the resistance line, it is a buy signal. Advanced TrailingStop comes with 6 indicators: Fractals, Parabolic SAR, Bollinger Bands, Heiken Ashi, Moving Average and a combination of Fractals+Parabolic SAR. Advanced TrailingStop automatically moves the
Golex is a profitable Expert Advisor that uses Trend Break Out strategies. It waits for the very best first signal which indicates a trend reversal. If the signal is wrong, the Expert Advisor will close the position very fast and increase the position volume for the next break out. A good position will be closed by the next out in the opposite direction. Paired with a stop loss that is depending on the volatility, the Expert Advisor has the power to increase your profit in Forex market on a sol
Description Double martingale working on 3 currency pairs. The Expert Advisor is based on mathematics, thus it practically doesn't use indicators. True trends are determined using the built-in mechanism and some adjustment possibilities. The Expert Advisor should be run on USDJPY H4. Default work pairs: AUDJPY, USDJPY, CHFJPY. For the correct operation you should keep the default settings. It is recommended that the initial deposit in the settings is the same with the initial deposit for real
The indicator presents a new way of early trend detection using the popular ADX indicator methods. The new system adapts to the market and eliminates additional conditions. To generate a signal when using the standard ADX indicator, the ADX line should cross some level - 20, 22, 26, etc. However, it is very difficult to select such a level not only for different symbols but also for different timeframes on the same chart which makes ADX practically useless. The solution has turned out to be si
PiTrade Expert Advisor is based on the custom indicator PiTrend. Entry points are determined using values of the PiTrend indicator. Positions are closed when reaching specified profit and loss levels. Input Parameters Distance - Distance input parameter of the PiTrend indicator; Period Signal - Period Signal input parameter of the PiTrend indicator; Stop Loss - loss fixing level in points; Take Profit - profit fixing levels in points; Fixed Lot - fixed lot value; Variable Lot - variabl
This indicator draws color bars on the basis of the ADX Wilder indicator helping you to find trends. Color of Bars: Blue - the main signal is going up and DI+ > DI-, the market is bullish; Red - the main signal is going up and DI- > DI+, the market is bearish; White - the main signal is going down, no trend is detected.Input Parameters: Period - the period of the ADXWilder indicator.
The indicator displays signals generated according to the "Inside day breakout play" strategy described in the book "Day Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Swings" by Kathy Lien. When an inside bar appears, the indicator draws a range through its maximum and minimum using horizontal lines. If the price breaks through this range, a signal for opening a position is generated. The indicator has only one input parameter - Inner bars. It determin
This indicator calculates and plots two lines on the basis of the number of bars which went Up and Down (aggregated value) during a period specified in bars. For example, if you take 100 bars, the last value of the indicator will tell you how many of the latest 100 bars are UP and how many of them are DOWN. It works on all timeframes. If focuses only on the direction of the movement, distance of the movement is not taken into account. The underline logic is like a in a casino game, where the pr
Implementation of the Average Directional Movement Index (ADX) indicator described in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The indicator shows the points for opening positions on the chart in the form of arrows. Input Parameters: InpADXPeriod - ADX indicator period; Lev - the level that must be crossed by the ADX line to obtain a signal for opening a position.Condition for Opening a Long Position: The line +DI is higher than -DI; The ADX line crosses th
This indicator can display gold and silver charts on the same chart. The chart shows the correlation. It shows the minimum and maximum values. Input parameters: pair1 - first currency (GOLD). pair2 - second currency (SILVER). mirror - show mirror currency. periodcorrelation - period of correlation. min - mark minimum difference. max - mark maximum difference. mincor - mark mirror currency.
DiTrade Expert Advisor is based on the custom indicator DiTrend. Entry points are determined using values of the DiTrend indicator. Positions are closed when reaching specified profit and loss levels. Input Parameters Period Main - Period Main input parameter of the DiTrend indicator; Period Signal - Period Signal input parameter of the DiTrend indicator; Stop Loss - loss fixing level in points; Take Profit - profit fixing level in points; Fixed Lot - fixed lot value; Variable Lot - va
In the original EasyTransaction indicator trading system signals are generated when the blue line crosses level 50 and when it crosses the yellow (dotted) line. But I recommend using the following signals for trading: buy, when the blue line crosses yellow line upwards while they are both below the level 50; sell, when the blue line crosses yellow line downwards while they are both above the level 50. Input Parameters: SF (default = 5) - a smoothing factor; AlertLevel (default = 50) - indi
LGScalp is a trading system which calculates entries using the the RSI and ADX indicators. Stop Loss is calculated on the basis of the ATR indicator. It works well on M1 with the trailing stop set to 20 pips and 1 lot of exposure. The strategy tester settings are: Symbol: EURUSD Period: M1 (2011.01.01 - 2013.04.30) InpLots: 1 InpTrailingStop=20 Currency: EUR Initial Deposit: 10 000 Leverage: 1:20
The "tilting doll" Expert Advisor that increases the volume after closing an unprofitable position. It can work with deals performed manually or with initial stop orders (if StartStopOrders = true). The Expert Advisor sleeps until there are no open positions. If StartStopOrders is set to True, it places two stop orders. Once one of them triggers, the other one is deleted. If the Expert Advisor detects an open position, it sets a take profit. If the price goes in profitable direction, it turns
In this indicator you can change the main MA period, the MA type and the type of prices used in MA. Buy when a candlestick closes above the upper band. Sell when a candlestick closes below the lower band. Use very conservative stop loss and 3-4 times higher take profit. Note: Please use the indicator with MACD.
The EAmicroMoney Expert Advisor works on EURUSD. It has the following parameters: maximum step price, moving average period and moving average shift. It is not bound to any specific timeframe. It uses a unique technology to identify small trends and make large volume deals. Default input parameters: StepPrice=0.00031, moving average period=12, moving average shit=9. Nothing more to say, just look at the screenshots.
The EAmicroMoney Expert Advisor works on EURUSD or GBPUSD. It has the following parameters: maximum step price, moving average period and moving average shift. It is bound to M1 timeframe. It uses a unique technology to identify small trends and make large volume deals. Default input parameters: StepPrice=0.00031, base_lots=0.01, moving average period=12, moving average shit=9. Nothing more to say, just look at the screenshots.
LightMan Free is a free version of the LightMan Expert Advisor. The only difference is that the trading lot size is fixed 0.1 in this free version, and the lot size in the commercial version can be determined by user or by money management options. From the attached screenshots, you can find that even with the lot size 0.1 LightMan Free version generates more than $500 profits during the first 100 days of the year 2013 (from 2013.01.01 to 2013.04.10). It is better to use this Expert Advisor on
Volatility value can be used as an additional criterion for selecting a financial instrument for trading. The Average True Range (ATR) indicator can be used for visualization of this value. If your trading system shows good testing results on financial instruments in a high volatility period, then the ATR MULTI SYMBOLS indicator for the MetaTrader 5 trading terminal will be useful as it allows visually evaluating and selecting the symbols with the maximum volatility at the moment. In the indica
The PiTrend original trend indicator that can have the values from -1 to +1. The closer the indicator value is to +1, the stronger the uptrend is. The closer it is to -1, the stronger the downtrend is. It can also be used as an oscillator to define the overbought/oversold levels. The indicator has one input parameter Distance for specifying the distance in points. The indicator ignores the price movements less than the Distance value. Version 2.0: Added the signal line calculated as a moving
Have you ever wondered what time of the day the market is more active or very quiet? Are you not sure when the Asian or the New York session starts? What will happen, if you are confident, but your broker has a time zone offset? If you are writing an Expert Advisor, will it work under certain market conditions only and will your users be able to configure it very easily? Will one session become more active than another, if the market changes over time? Wonder no longer! All these concerns
The Precision scalper Expert Advisor is designed to give scalpers the cleanest and the most compact scalping interface on the market. Working on the minute timeframes, especially M1, you should move very fast to catch a profit. Using the standard MetaTrader interface for buying and selling is very slow, opportunities can be easily missed and, moreover, the standard interface takes up a lot of screen space. Precision scalper provides a very quick access to the common scalping requirements: B
Description EnvelopesALL is an extended version of the standard Envelopes indicator. Methods of averaging of the standard Envelopes Methods of averaging of EnvelopesALL Simple averaging Exponential averaging Smoothed averaging Linear weighted averaging Simple averaging Exponential averaging Smoothed averaging Linear weighted
ChartWall is intended for displaying and automatic changing of wallpapers on a chart. It supports JPG and BMP formats. A file and a display style are selected via the built-in panel, which can be opened by clicking on the application icon (hidden button) that appears in the bottom left corner of the chart (main window) as you move the cursor to that area. Using the built-in panel you can also set a period for the rotation of images in minutes. Image files are selected randomly from the folder
This is a trend indicator. Its main purpose is detecting a price tendency as fast as possible and following it until its end with a maximum precision. The color of the indicator shows the current price direction. The indicator is based on the Dow Jones Theory, which states that the prices on financial markets move in a certain direction. At that each minimum/maximum is higher than the previous one during an ascending tendency, and is lower than the previous one during a descending tendency. Th
This is an original trend indicator. Its values vary from -1 to +1. The closer the indicator is to +1, the stronger is the ascending trend. The closer it is to -1, the stronger is the descending trend. The indicator can be also used as an oscillator for determining the overbought/oversold state of the market. The indicator has one input parameter Period for specifying the number of bars to be used for calculations. Version 2.0: Added the signal line calculated as a moving average of the main l
This indicator shows you the volume underlying the Bid and Ask quotes in the MetaTrader terminal. Volume is a key driver of price - if there is a large skew between Bid and Ask volume, this suggests price is going to make a movement in the skew direction. This indicator is a very useful tool for scalpers and other short-term traders as it allows you to confirm your existing signals. Settings include: Scale Percent - percentage of window to fit volumes inside; VolumeLotsAtMaxScale - number
For those who like to know exactly what is going at their broker, this tool will not only display a real-time updated version of the average spread (grey histogram), but also an average deviation for both Bid and Ask prices (Red lines and Blue lines). This shows you what is happening during times of high volatility and will allow you to tune your trading strategies to suit your broker's behavior. During high volatility, the spread will often increase - this indicator shows you exactly what is h
The LightMan Expert Advisor represents a simple and profitable trading system. From the attached screenshot, you may find out that by using the default input parameters, LightMan had an over 100% growth in the first 100 days in 2013. The LightMan Expert Advisor uses both trend indicators and oscillators internally to calculate and estimate the support and resistance levels and ranges of the market. Generally, it uses countertrend trading with the careful money/risk management. It is better to
Accurate TS is a trading strategy that uses three step process: identify the trend, wait for corrections within the trend, identify reversals that signal about the end of the correction. The trading strategy outlines specifications for making trades and includes rules for trade entries/exits and money management. When properly researched and executed, Accurate TS can calculate mathematical expectation for the specified rules and help traders and investors to determine if the trading idea is pot
The B150 model is a fully revised version of the Historical Memory indicator with a significantly improved algorithm. It also features a graphical interface what makes working with this perfect tool quick and convenient. Indicator-forecaster. Very useful as an assistant, acts as a key point to forecast the future price movement. The forecast is made using the method of searching the most similar part in the history (patter). The indicator is drawn as a line that shows the result of change of t
It is very important to know the speed of the price change when creating a trend strategy. Usually, the Momentum indicator is used for that purpose; however it shows a relative change in percentage terms for a selected period. Sometimes it may be inconvenient, since the indicator values are period dependent. The values change from a fraction of a percent on small periods to several percents on large periods, what causes some difficulties with calculating, especial the Stop Loss and Take Profit o
This indicator displays Point & Figure charts (PnF charts) in the indicator window. PnF charts show only price movements that are bigger than the specified box size. It helps to eliminate noise and allows focusing on main trends. Time is not a factor here. Only price movements are taken into account. That is why PnF chart is not synchronized with the main chart it is attached to. More about PnF charts: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts
KLEO INDICATOR SET consists of two channels. The first one is enhanced Price Channel (a channel drawn using the maximum and minimum prices for a specified period ) with independently movable upper and lower levels, which also allows marking out the maximum and minimum price ranges as well as the breakthrough points. The second one is a channel with fixed levels drawn relative to the open price of a specified hour, which allows indicating your work time. 1. Indicator Parameters U
The indicator displays the speed of the price change - the acceleration and deceleration of the market similar to acceleration in physics. The classic Accelerator is calculated using moving averages, at that its dimensionality depends on the settings. Price Acceleration has a constant dimensionality (the ratio of point to the squared time in timeframes) that is independent of the period selected, what allows interpreting its values with higher precision. This is a great advantage when formalizin
The VWAP indicator is a tool that professional traders have been using for years. Now as the information about real trading volume is available in MetaTrader 5, the user of this platform can also benefit from it. Please note, this indicator requires that your broker supports Real Volume Data. To find out whether it does, place the standard MetaTrader 5 indicator named "Volumes" on a chart, then select "Real" in the volume options. If your broker supports real volume you should see colored bars
Martingale is not used! The trading robot has no optimization parameters and works on all timeframes! The period found to be the highest by the testing quality has been selected. The strategy is based on market patterns. No indicators are used! I am ready to ask any questions regarding this trading robot! Replacements by the new advanced versions are made for free! I can also implement changes according to customer's preferences.
Trading is like shooting. Good Trader is like a sniper. A sniper in the military has an edge over his enemy. His edge is unwavering patience, mastery of weapon and the ability to remain conscious in high stress situations. And similar, a pro trader has an edge over the novice trader. His edge is unwavering patience, mastery of Forex setup and the ability to remain calmn in spite of fear and greed. Novice trader acts like a machine-gunner. He shoots at everything he sees (trading too much), s
This indicator shows the strength of bulls and bears. It is based on statistical calculations that indicate the trend at a moment of time. It can be used for short trends (ideal for scalpers) and long trends (for trend followers), depending on the parameters you set. It has two parameters: MAPeriod - Period for calculating the moving average (recommended values are 5 to 20, but you can optimize); AnalisedBars - Number of bars for calculating the trend (recommended values are 50 to 200, but
Moving Average with an additional price label. Settings Period MA - period of МА; Shift MA - shift of МА; Method MA - type of smoothing; Show Price Label - show price label; Price MA - price used for calculation; Show Hint Label - show hints; Color Label - color for displaying the price; Size Label - size of the price label.For the price label to be displayed correctly, the Price MA parameter must always match the type of calculation of the Moving Average. On default, the indicator is
Closing positions in MetaTrader 5 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order), calculating and closing for BUY and SELL positions separately (Separate BUY SELL), closing and calculating all symbols or the current symbol only (All Symbols), enable trailing for profit (Trailing Profit) Positions are closed based on a value in deposit currency, points, % and drawdown.
The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol. Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts are aligned to the border according to their open time. Please be sure the relevant history datas have been downloaded before synchronize charts. Note: This is a Limited Edition of Synchronized Charts. It works only on Monda
If you want something as below: Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading."TradeCopier_source" and "TradeCopier_follow" can help you! Note: This is a Limited Edition of TradeCopier source. It works only on demo account. Features: Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is e
Reverse TradeCopier Follow can copy trades from an account that is running Reverse TradeCopier Source. Note: This is a Limited Edition of Reverse Trades Copier Source. It works only on demo account. Features: Copies trades from one source (master) account to multiple following (slave) accounts. Allows investor (read only) password for source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different brokers. Works with different q
If you want something as below: Sell FOREX trading signal. Manage multiple accounts. Follow the trading from somebody."TradeCopier_follow" and "TradeCopier_source" can help you! Note: This is a Limited Edition of TradeCopier follow. It works only on MetaQuotes-Demo server. Features: Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters
Reverse TradeCopier Follow can copy trades from an account that is running Reverse TradeCopier Source. Note: This is a Limited Edition of Reverse Trades Copier Follow. It works only on MetaQuotes-Demo server. Features: Copies trades from one source (master) account to multiple following (slave) accounts. Allow investor (read only) password for source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different brokers. Works with di