Expert Advisors and Indicators for MetaTrader 5 - 164

Introduction to Harmonic Volatility Indicator Harmonic Volatility Indicator is the first technical analysis applying the Fibonacci analysis to the financial volatility. Harmonic volatility indicator is another level of price action trading tool, which combines robust Fibonacci ratios (0.618, 0.382, etc.) with volatility. Originally, Harmonic Volatility Indicator was developed to overcome the limitation and the weakness of Gann’s Angle, also known as Gann’s Fan. We have demonstrated that Harmonic

Risk Manager Pro is a simple utility that calculates the necessary lots with the risk percentage and the pips of stop loss, before opening positions. The web calculators can be useful in some cases but they are not efficient to open operations in real time. In the trading days, there are few opportunities to open positions and when the opportunity arises, the seconds make the difference. This is not possible with conventional web calculators, since to calculate the size of an operation regarding

This indicator will automatically draw 4 Fibonacci levels on the chart. Dynamic Fibonacci will be drawn on the last of zigzag line. Static Fibonacci will be drawn on the 3 last of zigzag line. Fibonacci projection 1 and 2 will be drawn on the last zigzag line also. This way, you can see several Fibonacci level to get prediction of next support and resistance of market price. Indicator does not work if less than 500 bars are available. Parameters Zig_Zag_Parameter Depth - Zig zag depth paramete

A grid expert with a trained neural network for the GBPUSD currency pair, timeframe H1. Fully ready to work. The expert determines the trend and opens a series of orders for each price correction. It is possible to limit the number of orders in each grid of orders. To work, you can use a standard lot or a percentage of available funds. The Expert was tested on an account with a leverage of 1:100, with a different leverage, change the Percentage parameter. Parameters PlusB                     

The ForexGenerated Expert Advisor works based on short-term changes in the trend, creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. This achieves a very high probability of closing positions in profit. ForexGenerated is intended for trading any currency pair on the M5 timeframe or higher. However, backtests indicate that it is best suited for NZDUSD on M5. C

The Expert Advisor helps reduce the account drawdown. To do this, the losing deal is split into multiple small parts, each of these parts is closed separately. The EA can interact with other experts. For example, when a certain drawdown is reached, Open Lock can disable the other expert and start working with its orders. Open lock for MetaTrader 4 is available here The algorithm of the EA uses counter transactions and a large number of open positions, therefore, need to use it on a hedge account

The indicator shows the High/Low /Open/Close   Levels from other (and non-standard) timeframes - Year, 6 Months, 4 Months, 3 Months, 2 Months, Month, Week, Day, H3-H6-H8-H12 Hours. You can also set the shift for opening candles and build virtual candles. "Period separators" for one of these timeframes is available in the form of vertical lines. Alerts can be configured for breakouts of the current or previous levels (breakout of the HIgh/Low yesterday/last week line etc). You can also shift a

The EA opens two oppositely directed orders. When one of them is closed with profit, two orders are opened again, while the order volume is increased depending on Multiplier_Type and a number of orders opened by the EA. In each new open pair, orders are opened with an equal volume locking each other. Positions are opened till the number of same-type orders reaches the specified Limit_for_orders value. Afterwards, the EA only increases the grid excluding locking. MT4 version ->  HERE  / Proble

This robot is based on martingale logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic. The positions are opened in both direction without setting Take Profit and Stop Loss. Stop Loss is set only in case of running a positive trade and will be trailed. The closure of all the opened positions is done by robot when the target profit is reached. Suggested period is M1, but it also works with others. Can be used on all pairs using defaul

Hedge MA is both a moving average cross EA and hedging EA, designed to recover a loss of a losing trade by opening an opposite trade, or more, if necessary. If the initial trade will be lost, the hedge trade will win. If the initial trade wins, then the hedge trade might not even get triggered and will be cancelled. The EA is designed for МТ5 hedge accounts. Recommended account - cent МТ5 hedge, at least 15000 USD cents ($150), leverage - 1:500. Recommended timeframe - М5. The default settings a

The strategy is based on RVI osculation to check the prices trend and direction and check the moving averages (Open Price and Low Price) to decide about the viability of opening any order. Market is very unpredictable due to economic news published every hour, but our EAs are really prepared for such hostility due to its protections. This Expert Advisor is provided with two kinds of indicators: an oscillator (RVI) in order to check the prices osculation limit pattern and direction trend; two Mov

This algorithm uses statistically justified comparison of historical prices and output values of the CCI and ATR indicators to decide whether it is necessary to open position. This logic has been created as a result of the use of stochastic methods, it has been tested on history data and verified by the Monte Carlo method, which, of course, does not guarantee future results. The EA is designed to trade EURUSD M15 during morning hours. Despite the fact that this condition is not mandatory, the tr

ACB Trade Filter indicator provides a way to filtering out the low probability trading entries in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. The MT4 version of the same indicator is available here ACB Trade Filter MT4 Applications Works great with our indicator ACB Breakout Arrows MT5 Filter out low probability signals from any indicator. Avoid over-trading and minimize the losses. Trade in the direction of market sentim

Harrow Strikes is an Expert Advisor that has been developed based on Harrow Order for MetaTrader 4. This is the MetaTrader 5 version and also based on Support and Resistance, Martingale and Anti-Martingale method. Since MetaTrader 5 already supports the use of hedging in trading, the algorithm of this EA has little differences from the original Harrow Order. For more information about Harrow Order, you can read https://www.mql5.com/en/market/product/28456 . Same as Harrow Order, the Support and

MeetAlgo Asian Scalper is an Expert Advisor that uses range breakouts strategy to enter trades when the market is the most quiet. It will scalp the market for small price deviations. This EA will need a good broker with small spread to work successfully. It is fully optimized for AUDCAD, EURAUD, GBPAUD, GBPCAD, GBPCHF and GBPUSD . The trades are based on several indicators and it's not a tick scalper EA. It need 1:300 leverage minimum, and a low spread broker. It is recommended to use a low spre

Easy Relative Smooth Index is an oscillator based on the Relative Strength Index (RSI) indicator. The current indicator value is compared with the maximum and minimum value of the indicator for a given period and the average value is calculated. Also, the indicator values are smoothed by the moving average (MA) method. Buy signals are generated when the indicator crosses a given level upwards, sell signals are generated when the indicator crosses the level downwards. Description of the indicat

Regent Street, rather than an expert or an indicator, is an all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance. Note from the author: Regent Street's frontend is exactly the same as an other product Ermou Street , but the backend is different. Performances for each are very relati

This is a fully automated multi-currency Expert Advisor with unlimited number of currency pairs using MACD and Envelopes indicators. You can specify how the EA should work with each currency pair. You can add orders manually. The free version is available here . Parameters Common TradeObjectsDelete : delete trade objects. OrderPanel : display the panel for opening orders. TradeToBalance : target balance to stop trading. The parameter is triggered only after all trades are closed. Otherwise, it

This is an automated Expert Advisor that trades using the MACD and Envelopes indicators. The paid version is available here . The free version has the following limitations. No panel for opening orders. The trading is limited to the EURUSD currency pair and similar. Orders can only be opened with the minimum lot, no more than 5 orders can be opened in the same direction, to a total of 10 orders. Pause after closing of all orders is 6000 minutes. During the analysis, no more than 50 orders are ad

The EA is recommended for trading GBPUSD M5. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also has advanced feature

One of the main goals in the development of this Expert Advisor was ease of use. As a result, this EA has a minimum of parameters, which are easy to understand. At the same time, it is very flexible and customizable for almost for any instrument (currency pair). The logic According to the given algorithm, the EA determines local support and resistance levels (at startup, the previous quotes are disregarded). When a candle closes beyond any level, a deal is opened in the same direction. By defa

This robot works hard silently and trades while you are sleeping. That is why it is called Forex Night Trader . The Forex Night Trader only trades when the market has low volatility at night, so it is not affected by sharp price swings on the market. This robot can trade multiple pairs at the same time on a single chart. It was backtested and optimized using real ticks with 99.9% quality. Its backtest passed the hardest periods of the market over 6 years (from 2010). Features Fully automated t

Would you like to have statistics about your trades displayed while you operate? Have you a solid understanding of the symbol you are trading? Do you really know everything you need to about your trading account? Do you need to keep an eye on the local times around the world? Advanced Info Displayer answers to all that. It helps you to know many hidden or hard to find data. Also, it is very convenient if you value statistics and maths. Just to exemplify, in more than 80 lines of information you

As the name suggests, the utility collects ticks and uploads them to a file. Each symbol receives its own folder. A directory in the symbol folder is created for each date so that you can find ticks of a necessary symbol and date quickly and easily. The collector is made as fast as possible within MQL. One collector is sufficient for each symbol. Timeframe does not matter. The utility features the function for displaying ticks collected in a file on a chart. You can also navigate ticks using a k

Slope Direction Side is a trend-following indicator based on moving averages. The indicator displays trends in price dynamics on the markets. There are three main trends in price dynamics: upward movement, downward movement and flat. The indicator helps defining the prevailing price direction (trend) by smoothing price data during a certain period of time. In simple words, the indicator visualizes trends present on the market. Parameters hall - channel width, in points MAPeriod - indicator per

One of the main goals in the development of this Expert Advisor was ease of use. As a result, this EA has a minimum of parameters, which are easy to understand. At the same time, it is very flexible and customizable for almost for any instrument (currency pair). The logic According to the given algorithm, the EA determines local support and resistance levels (at startup, the previous quotes are disregarded). When a candle closes beyond any level, a deal is opened in the opposite direction, exp

Copyist MS — это простой и удобный в использовании торговый копир. Работает как однофайловый советник с переключаемыми режимами работы Master и Slave. Ордера можно копировать из МТ5 в МТ5, из МТ5 в МТ4, из МТ4 в МТ5. Для копирования ордеров в MetaTrader 4 требуется версия советника для MetaTrader 4. Текущая версия советника работает только на ХЕДЖИНГОВЫХ счетах. Параметры Тип работы - выбор режима работы: Master или Slave; Копировать по магическому номеру - копирование торговых ордеров по магич

This EA uses an Alligator indicator and has a classic strategy to trade as the Alligators Jaw, Teeth and Lips calculation results are compared each tick. This way, the EA opens orders at right moment and closes the orders as it reaches the right profit value. It protects your money because it is provided with: trailing stop loss to protect your profit. Once your order has a positive profit, it sets SL at a certain distance in order to keep a positive profit; Spread value limit to prevent opening

This Expert Advisor does not use indicators, it trades using BuyStop and SellStop orders. All operation and calculations of the EA are based on currently placed pending orders and open positions. The EA automatically increases the lot size for position averaging. The stop loss level is set as a negative number specified in percent of the balance. When the EA starts, two pending orders are placed. If an order is triggered, it is either closed by take profit, or (if the order is unprofitable) an a

The Trade Helper indicator is a modification of the Trade Assistant indicator (by Andriy Moraru). The Trade Helper multitimeframe indicator is a good assistant for traders, useful as a filter in most trading strategies. This indicator combines the tactics of Elder's Triple Screen in a single chart, which lies in entering a trade when the same trend is present on three adjacent timeframes. The indicator operation is based on the principle of determining the trend on the three selected timeframes

Lotus indicator combines the features of both trend indicators and oscillators allowing you to track the smoothed price change rate, as well as trend strength and change. The uptrend is shown as a green indicator line, while a downtrend is displayed in red. A long position can be opened when the indicator breaks the zero level from below. A short position can be opened when the indicator breaks the zero level from above. An opposite signal of the indicator can be used for exiting positions. You

The "Gap on chart" indicator displays the price gaps on the chart. The gap levels are extended in time until the price fills the price gap. Sensitivity of the indicator can customized to set the gap size in points to show and the history depth to analyze. For automatic trading, it uses the numbering or price gaps according to LIFO, i.e. the last formed gap is number 1. Parameters InpBars - the number of bars to look for a price gap in history InpMinGap - sensitivity to the price gaps in points

Calculation panel has been developed to aid in Forex trading using a method based on correlation dependence of currency pairs. The panel implements: Due to the fact that the working instruments of the "basket" have an equal volatility and pip values, the panel provides automatic calculation of the second instrument's lot size. To analyze the relative divergence of two currency pairs, the information based on the RSI indicator values (in percentages) are shown on the panel. Information on swaps o

EFW Pattern Trader is a powerful pattern scanner for Forex and Stock trading. The pattern detection in EFW Pattern Trader uses the Fractal Wave Theory, which captures the endless up and down movement of the market. Therefore, EFW Pattern Trader can be considered as the robust price action indicator. Any patterns in EFW Pattern Trader can be backtested visually in your strategy tester. Visual backtesting with pattern will show you how pattern will likely behave in the live trading. Therefore, you

The Mercadulls Indicator gives to you 4 signals types, detecting supports, resistances and accumulation/distribution zones. The indicator constantly checks the graph for direct analysis and the appearance of long trends. Main characteristics No repaint! Stop loss and take profit levels are provided by the indicator. Suitable for Day Traders, Swing Traders, and Scalpers. Optimized algorithm to increase the accuracy of signals. Technical analysis indicator for all assets available in the market.

This Expert Advisor is designed for a large number of positions with a small profit. In case of a drawdown, a position is opened in the opposite direction with recalculated lot size and reduced amount of points for closure. It trades along the trend based on Moving Average, and opens positions during a drawdown based on Stochastic. For each addition of a position, there are certain rules that take the current situation into account. Lot size for the first position is also calculated automaticall

The EA is recommended for trading EURUSD(or EURGBP) M15 or M30. It is based on the strategy of "waiting out", the market entry (and exit) points are determined on the basis of correlation of a number of indicators. The trading volume for opening a position depends on results of previous trades. It is possible to limit the amount of risk (the AutoMM parameter). It is also possible to set the maximum spread, above which the EA will automatically suspend trading (the MaxSpread parameter). It also h

This is a utility designed to automatically set the stop loss levels of orders according to the specified condition. Two price levels serve as the condition for setting stop loss: Trigger level - when this level is reached, an order is placed. The stop loss value of an order. It is possible to enable or disable traling stop loss. Input parameters Order type for execution - type of orders to be processed by the expert. It can either be BUY, SELL or auto-select. Trigger Level Points - level to p

The Trend Detect indicator combines the features of both trend indicators and oscillators. This indicator is a convenient tool for detecting short-term market cycles and identifying overbought and oversold levels. A long position can be opened when the indicator starts leaving the oversold area and breaks the zero level from below. A short position can be opened when the indicator starts leaving the overbought area and breaks the zero level from above. An opposite signal of the indicator can

The trading system operates on seven pairs and one timeframe. The Expert Advisor uses trading systems for trend-based entries with the help of the Envelopes and CCI indicators. Each indicator uses up to five periods for calculating the trends. The EA uses economic news to calculate the prolonged price movements. The EA has the built-in smart adaptive profit taking filter. The robot has been optimized for each currency and timeframe simultaneously. Attention! This EA is only for "hedging" account

This indicator looks for 3 rather strong patterns: Spinning Top pattern Hammer or Hanging Man Inverted Hammer or Shooting Star These patterns may indicate a trend continuation or its reversal, depending on the location of the patterns. Input parameters Zero - consider candles without a body Multiplier for hammerhigh - multiplier for the larger shadow of the Hammer Multiplier for hammerlow - multiplier for the smaller shadow of the Hammer Multiplier for wolf - multiplier for the shadows of the

A ready-made trading system based on automatic plotting and tracking of Fibonacci levels for buying and selling any symbol on any timeframe. Advantages Determines the trend direction (14 indicators) Displays the trend strength and the values of indicators comprising the trend direction Plotting horizontal levels, support and resistance lines, channels Selection of the Fibonacci levels calculation type (6 different methods) Alert system On-screen Email Push notifications Buttons Changing the

Версия 2.0 2018.10.20 1. Добавлен расчет коэффициента ранговой корреляции Спирмена. 2. При наведении курсора на показатель таблицы появляется всплывающая подсказка (Расхождение RSI, направление сделок, информация о свопе). Table of currency pairs - разработана в помощь трейдеру торгующему на рынке Форекс по методу основанному на корреляционной зависимости валютных пар. Корреляционная зависимость между двумя инструментами рассчитывается через коэффициент К. Пирсона. Основная функция таблицы -

The Detrended Price Oscillator (DPO) removes longer term trends, isolating short term price cycles. It allows for determination of cycle length and prediction of the current place in the cycle, determination of bull or bear trends and trend turning points, and provides several trade entry signals. There are two different ways of calculating the index, both of which are useful, and both of which are provided in the indicator parameters. The default setting for the SMA Averaging Period (n) will no

Plug’n’Trade BR is an Expert Advisor with a minimum number of input parameters. The robot is designed for trading the Brent oil futures contract (BR) on FORTS derivatives market. Plug’n’Trade trades using unique technical indicators, which perform mathematical analysis of the price movement. The EA automatically sets the optimal stop loss and take profit. Plug’n’Trade works on M30 chart. All computations are performed when a new candle forms. This robot does not require optimization and is easy

This is Gekko's famous Price Lines indicator. Historical prices benchmarks (like highest top in the year, lowest bottom in the month, week open, previous day's close, etc.) are usually important support or resistance areas that when broken produce great entry and exit point. This indicator will show you these important price benchmarks and will alert you when current price breaks through any of them. Inputs Plot Strong Bar Arrows for the past X historical bars - the number of historical bars t

"LINKER" is an indicator that links any number of windows of the charts it is running on. A synchronized crosshair is also available, toggled by the (Ctrl) key or the (L) button. The visibility of the trade levels can be toggled on each chart separately using the (Shift) key or the (V) button. The buttons and the crosshair have customizable settings and colors. For instance, you need to analyze a trading instrument on different timeframes, for example, on H1, H4 and D1. Doing this in a single ch

This is Gekko's Strong Bars indicator. It produces signals when there is a strong bullish or bearish bar, for that it uses three different conditions: 1 - when the current bar is higher/lower than the last x bars (x is an input parameter), 2 - when the current bar size is higher than the average size of the last x bars (x is an input parameter) and 3 - when the current bar has a short candle tail (shadow). Inputs Plot Strong Bar Arrows for the past X Historical Bars: number of historical bars

This is a variation of Williams' Percent Range indicator which draws high/low/mid range and overbought/oversold levels directly on the chart, where the last candle Close price corresponds to the %R value. Advantage of this representation is that it is possible to see exact extremum reaches by price (0 and -100 levels) and current price value in regards to overbought/oversold conditions. In addition, this indicator allows tracking price action on a different timeframe (for example, see the price

MetaTrader 4 version is available here: MT4 Drawer . This tool allows you to draw on the chart using keyboard shortcuts. It also provides some custom drawing tools for your convenience. You can configure 3 variants for each tool (6 for advanced patterns), which you will be able to choose from dashboard. There is also, a possibility to define up to 30 quick access keys that skips the dashboard step and goes straight to drawing. Here are the list of supported tools: Advanced Pattern - draws two t

"All in One" Expert Advisor. It can work simultaneously on: up to 6 periods; up to 31 popular signals. Features: You can see the sum for all signals taking into account the weight of the signal Trades on each timeframe are managed separately from each other It is possible to set different Money Management for each timeframe Version MT4:  https://www.mql5.com/ru/market/product/27996   Version MT5:  https://www.mql5.com/ru/market/product/27835 Parameters NUM_BAR - number of the bar to analyze

The indicator displays the inside bar pattern on the chart. Its distinguishing feature is the triple filtration. First, not all candles meeting usual conditions can be used as first candles here. It should be a "free" candle, meaning that its High or Low (depending on conditions) should have a free space to the left. The VSA method has a similar condition called 'new fresh ground' . In case of an uptrend, the candle's High should be free, in case of a downtrend, it is the candle's Low. Second, t

This indicator detects the Engulfing candlestick pattern and draws the corresponding market entry signal. Features It works on all pairs and timeframes. The indicator analyzes a combination of 2 or 3 candlesticks depending on settings. The number of pre-calculated bars (signals) is configurable. The indicator can send an alert to notify of a found signal. Signal can be filtered by setting the number of candlesticks of the same color (trend) preceding the pattern formation. The indicator has an

This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern  DOES NOT  appear very often on higher timeframes. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the

Introduction to EFW Analytics EFW Analytics was designed to accomplish the statement "We trade because there are regularities in the financial market". EFW Analytics is a set of tools designed to maximize your trading performance by capturing the repeating fractal geometry, known as the fifth regularity in the financial market. The functionality of EFW Analytics consists of three parts. Firstly, Equilibrium Fractal Wave Index is an exploratory tool to support your trading logic to choose which r

Type: Oscillator This is Gekko's Famous Tops and Bottoms indicators. Find important Tops and Bottoms on chart of any symbol or timeframe, based on set of configurations to adjust the indicator to the instrument you are trading. Inputs Calculate Tops and Bottoms for the past X Bars: number of bars the indicator will plot Tops and Bottoms for, the fewer the faster. At Least Two Bars Making New Highs or Lows to Confirm: true - only consider a new High or Low when the last 2 bars have Highs or Low

The script creates a brief daily summary report of the weekly trade in a separate window. Input parameters of the script number of weeks - set the time interval (the number of weeks) for the report. switch for symbols selection - three modes for selecting the instruments to generate the report: All_Symbols - report is generated for deals of all instruments. Current_Symbols_Only - report is generated only for deals of the instrument in the current window. Without_Current_Symbols - report is gen

The TickDelta indicator shows the difference in the number of oscillations of the best prices per unit of time. In this case, the unit of time is the specified timeframe (M1, M2, M5, M15, etc.). This value indirectly shows the market "sentiment". Due to the "tick-wise" nature, the indicator is more appropriate for use in scalping strategies. When applied in conjunction with real volumes and monitoring of various instrument charts, it is possible to identify certain reversal setups. In some cases

Do you want to always know in a quick glance where price is going? Are you tired of looking back and forth between different timeframes to understand that? This indicator might just be what you were looking for. Trend Signal Multitimeframe shows you if the current price is higher or lower than N. candles ago, on the various timeframes. It also displays how many pips higher or lower current price is compared to N. candles ago. Number N. is customizable The data is shown in a window that you can m

This indicator is designed to automatically build support/resistance levels. The indicator calculates the density of the price distribution in the specified time range and creates a table of volumes for each price. Levels are constructed from the minimum to the maximum volumes specified by the user. Some input parameters can be changed using hot keys without opening the settings window. Inputs StartPoint - start bar number Range - length of the level in bars (time range) VolumeMin - minimum vo

The on-balance volume indicator (OBV) is a momentum indicator and was developed in 1963 by Joseph E. Granville. The OBV shows the importance of a volume and its relationship with the price. It compares the positive and negative volume flows against its price over a time period. To provide further confirmation that a trend may be weakening, Granville recommended using a 20-period moving average in conjunction with the OBV. As a result, OBV users could then observe such events more easily by notin

The Aroon Indicator is a technical indicator showing whether a price is trending, the strength of the trend, and whether any reversal of trend or range-trading is likely. The indicator consists of two lines, the Aroon Bullish Line and the Aroon Bearish Line. The Bullish Line is calculated as (bars in period - bars since highest high in period)/bars in period, expressed as a percentage. The bearish line is calculated similarly since the lowest low. Both are plotted on the same chart. Thus, both l

MMM ADX & Bollinger Bands & MA strategy: This EA's strategy combines two built-in indicators to enhance its signals and decide to open a new order at the right time. There is an ADX indicator and you may choose its signal's strength and Bollinger Bands indicator confirms the trends and MA to check if the prices are deviating from its pattern. By joining both indicators' data and the moving average, it is possible to calculate quality signals, avoiding sudden market movements against your tradin

The Bollinger R (Bollinger Reversals) is designed to recognize short term high profitable counter trend patterns from the chart. This system combines both Bollinger Bands and mean reversion to define positions where the market could potentially reverse direction. This is the MT5 version of Bollinger R Description Bollinger Bands are well known in the trading community. I have added the concepts mean reversion and "distance between Price and a Moving Average" to help confirm and trade the “bounce

The ATR (Average True Range) Trailing Stop indicator gives a suggested trailing stop level for exiting trades. Designed to help you stay in a position for as long as possible, without getting stopped out too early by intra-bar volatility. Based on average true ranges over the last few bars, plus current price action, the indicators gives a steadily increasing line below the current price for rising markets and a steadily decreasing line above the price for falling markets. These levels are the s

This tool allows you to better analyze your chart. With "Crosshair Percent", you can calculate distances in the chart in a percentage way (in a very simple way, when the pointer is attached in the form of a crosshair: CRTL + F). The utility allows to measure and/or calculate the movements of the price NOT only in points, use a measure in professional terms as it is the percentage. The result is shown in two parts of the screen, one of them, next to the position of the pointer and the other in a

This trend Expert Advisor is based on an original interpretation of the Bollinger Bands indicator. This signal generation method allows entering the market at the very beginning of the trend with a tight stop loss. The EA contains 6 options for position closure signals, which allows selecting the best one depending on the instrument, as well as market conditions. All positions are protected by virtual and fail-safe stop loss. The virtual stop loss triggers only after a bar closes beyond its leve

All traders face to a serious question: How to estimate trading strategy performance and control risk in real-time? Eventhough use backtest and optimizing in strategy tester, but unfortunately, trader need to deal with the curse of curve-fitting, because optimized result is just for the specific set of historical data that was tested. This indicator retrieves deal information from historical data then draws balance and equity curve of account and calculate drawdown in REAL-TIME. It helps trader

MMM Stochastic, PSAR & MA: This EA's strategy is a combination of two indicators types (Oscillator and Trend) and a Moving Average which helps to enhance the price trends signals and decide to open a new order at the right time. There is an Stochastic (Oscillator) indicator, a Parabolic SAR (Trend) indicator and a Moving Average that you may tune by using the strategy tester optimization to help you to find the best input values that will give you the best results ; It is highly recommended for

ScalpingProMt5 is a new indicator for professional traders. The indicator is a ready-made scalping strategy. The algorithm calculates a micro trend, then searches for price roll-backs and forms a short-term trading signal according to the market price. The indicator consists of a data window and a graphical signal on the chart in the form of an up or down arrow. The data window displays the current trading symbol, spread and appropriate trader's actions: WAIT, SELL and BUY . Advantages the ind