Expert Advisors and Indicators for MetaTrader 5 - 36

For those Price Action traders who love to trade strong Price points, like yesterday's HIGH and LOW, here is an indicator to ease the identification of those values, drawn directly on your chart! MIN/MAX of the Day will automatically draw 2 lines showing you those points for you, AND, if you like any HIGH and LOW in the past, not just yesterday's prices. It can also be configured to additionally show today's HIGH and LOW prices - just configure the refresh rate of those lines at your own taste/s

This tool is designed to quickly calculate the lot depending on the Stop Loss. The control is done by hot keys By default: 1 - Limit order price level 2 - Stop Loss Level 3 - Take Profit Level Space Bar - Open an order Escape - Cancel All 9 - Open 2 orders Market Order To open a Market order, click (2) and set up Stop Loss with the mouse If you want to put Take Profit - click (3) and set up Take Profit with the mouse

Qstick is a way to objectively quantify candlestick analysis and improve the interpretation of candlestick patterns. Qstick was developed by Tushar Chande and published in his book " The New Technical Trader - Boost Your Profit by Plugging Into the Latest Indicators (1994) ". Qstick is built based on a moving average of the difference between the Open and Close prices. The basis of the idea is that the Opening and Closing prices are the heart of candlestick analysis. We strongly recommend the re

Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO Fibo: from KTrade 1. Automatically calculate and analyze the band. -> Get the desired band 2.

Forex Trade Manager Grid MT5 helps you to managing orders and achieve the goal. You only need to place first order with Take Profit, run EA and set in params profit (pips) you want to get. EA will be managing your positions, as will gather appointed amount of pips. It’s a strategy for management of manual trades opened on current pair. The strategy adds positions to currently opened trades in a grid management (with chosen distance in pips between trades) - up to 15 trades (or less). First up to

'Fibonacci Dimension' indicator allows display of preset or user-defined multi-timeframe Fibonacci levels. It automatically takes the previous high and low for two user-defined timeframes and calculates their Fibonacci retracement levels. It also considers the retraced level to draw the expansions on every change of price. A complete visual dimension in multiple timeframes allows deriving profitable strategies for execution. The functionalities included are: Provides an option to consider a pres

In the world of finance, correlation is a statistical measure of how two securities move in relation to each other. Correlations are used in advanced portfolio management. This indicator measures how different securities move in relation to a reference one, thus making portfolio management easier.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Avoid concurrent trades in highly correlated instruments Find trading opportunities among highly correlated instruments Cor

VWAP RSJ is an indicator that plots the Hourly, Daily, Weekly and Monthly  VWAP Lines. Large institutional buyers and   mutual funds   use the VWAP ratio to help move into or out of stocks with as small of a market impact as possible. Therefore, when possible, institutions will try to buy below the VWAP, or sell above it. This way their actions push the price back toward the average, instead of away from it. Based on this information I developed this indicator that combines 4 types of VWAP T

A professional fully customizable pull back strategy expert advisor with optional Martingale features. Opens and closes orders above and below moving average based on your settings. Successfully tested on all major Forex pairs, Commodities, Volatility Indexes, Synthetic Indexes. This Expert Advisor can work with pretty much any index available on MT5 platform. Works good on any time frame, but I'd suggest to run it on H1. I've tried to keep Expert Advisor settings as simple as possible to mi

Please check the " What's new " tab regularly for a complete and up-to-date list of all improvements + parameters. FREE indicator for my trading utility Take a Break . This indicator allows you to manage multiple other EAs with just one Take a Break EA instance. Simply specify the corresponding Chart Group in the indicator(s) and Take a Break EA settings and you are good to go.  Setup example (Indicator + EA) You want Take a Break to manage 3 other EAs: EA1 on EURUSD, EA2 on EURGBP, EA3 on G

Tick Chart Monitor with countdown tick volume and easy to change tick size without going back to main chart. This work with Tick Chart Generator , which are available for download from the MQL5 Market: Tick chart generator:   https://www.mql5.com/en/market/product/79763 NOTE: Custom symbols on MT5 are not directly tradable. This is by Metatrader5 design. If you want to place trades directly on the custom symbol generated by this product, you will either need a trade panel that offers this functi

Only 6 copies left at $99 USD. Next price is 199 USD Safe Scalping is a scalping trading strategy. The Expert Advisor analyzes historical data of a certain period and finds certain patterns. After the analysis is completed, it determines market entry points. For more conservative trading it is enough just to reduce the lot size. It's possible to start trading from 1 USD (cent accounts). Recommendations: - H1 EURUSD - Leverage 1:500 or higher - Minimum deposit 100 units of currency o

What are Donchian Channels? Donchian Channels are three lines generated by moving average calculations that comprise an indicator formed by upper and lower bands around a mid-range or median band. The upper band marks the highest price of a security over N periods while the lower band marks the lowest price of a security over N periods. The area between the upper and lower bands represents the Donchian Channel. Career futures trader Richard Donchian developed the indicator in the mid-twentieth c

This utility is designed to receive volumes from order books from larger crypto exchanges and transfer information to the indicator  RealCryptoLevels . The   RealCryptoLevels   indicator by downloading the order book of crypt exchanges with maximum depth shows horizontal volumes of popular crypto currencies on the chart, so you can see not only the volumes, but also the levels and them strength (see screenshots), which is very important for successful trading in all strategies from scalping to m

Candle Counter is a simple indicator that list the amout of candles in the day according to the current chart timeframe. It is specially useful for those teaching others how to trade, as it can draw attention to a specific candle of the day. Configuration: Reverse mode - if on, the actual candle is the first one. Position - Above or below the candles. Vertical distance - Vertical distance from the candles in pipets/points. Size - Font size. If you need help please don't hesitate to contact

Советник для скальпирования фьючерса BR на ММВБ. Внутридневный, в 23=45 закроет позицию. Работает на 15-ти минутках.  По появлению отфильтрованного индикаторами  сигнала  на покупку/продажу выставляет отложенный ордер. Более короткий вариант таймфрейма выбирать не рекомендую из-за введенных ограничений для переменных в примененных индикаторов. Мартингейл не применён, EA тестирован на ММВБ на  срочном рынке и только на фьючерсах BR.  Для демонстрации результатов на склейке, параметры дооптимизи

This EA performs with a Hedging strategy by which Buy and Sell signals are from the MACD indicator.... The lot sizes in the input are Custome for you to adjust as you pleased, so you are able to improve your hedging style. Inputs. Close Money-   this option is basically the take profit in ($), for example if you set the close money at $20 the   EA  will automatically close all trades when your overall profit is $20. Nearby Hedge Pips-   this basically determine the   distance of pips  between yo

I think you all know Donchian Channels. so I am not going to write about it. With this indicator I tried to create Donchian Trend Ribbon by using Donchian Channels. How it works ? - it calculates main trend direction by using the length that is user-defined. so you can change it as you wish - then it calculates trend direction for each 9 lower lengths. if you set the length = 20 then the lengths are 19, 18,...11 - and it checks if the trend directions that came from lower lengths i

Indicator developed in order to notify the user when the RSI enters and leaves the overbought and oversold regions, the information is shown in the form of audible and text alerts. Notifications can be disabled at any time. The indicator period can be changed by the user, and it is possible to insert the RSI indicator in the graph through the alerts.    Aurélio Machado

Description: The Custom Moving Averages indicator displays three different moving averages on the chart: a 10-period Simple Moving Average (SMA10) in lime, a 21-period Simple Moving Average (SMA21) in red, and a 200-period Exponential Moving Average (EMA200) in thicker white. This indicator helps traders identify trends and potential entry/exit points based on the behavior of these moving averages. Features: Three moving averages in different periods: SMA10, SMA21, and EMA200. Customizable color

SignalDeMarker - stable in its work automatic adviser. The algorithm of the adviser's work is based on the definition of overbought / oversold market zones, built on the basis of an assessment of the current demand and the level of risk. The indicator is installed in the usual way, on a chart with a time period of D1 and works with any trading instrument. Options Expert_MagicNumber = 1234 - magic number Signal_StopLevel = 50.0 - level of stop-loss (in points) Signal_TakeLevel = 50.0 - Level

This indicator displays MTF (Multi-Time Frame) Candles on your Chart. It helps to see the overall Trend of Market. You can specify 2ndLast, Last or Current Candle of any timeframe to show to get a better picture of Trend..  You get 4TF Bars/Candles on your current chart ..  Customizable Settings are : 1. Where to place MTF Candles..  2. Show or Hide for each Candle 2. Time-Frame for each Candle 3. Current/ Last / 2nd Last of Each Candle

The key to success is always good optimisation. The system has a number of variables and in this case its simplicity is the key to its success. The system looks for the different "Gaps" as market entry failures and then debugs them through a stochastic analysis, i.e. the analysis of two moving averages to see if the price is overvalued or undervalued, and once this is done, the expert advisor will decide whether to perform an action or refrain from performing it. It is a very simple but power

This product contains following indicators: (Lines + LineSAR + Channels + BTL + Ladder) Phi Lines  - special EMAs, similar to MIMAs from Phicube; Phi LineSAR  - erase and highlight Phi Lines in support or resistance. Similart to MIMASAR from Phicube; Phi Channels  - show support and resistance, similar to Phibo from Phicube (Green and Read Lines); Phi BTL  - candles color following Phi Lines alignment; Phi LADDER  - Indicator that allow you to visualize possible targets.  FUTURO Tool Future to

Use Stochastic with oversold and overbought to find trading opportunities. Use RSI to identify strength of trend anf confirm the trend matches the stochastic overbought and oversold. Trade on MACD cross matching the trend identified by Stochastic and RSI. Set stop loss at a recent swing high or swing low. Set take profit as a ratio of stop loss. Exits are on take profit and stop loss only, there is no exit signal.

TradeGuard    by Chart Walker TradeGuard is a MT5 Expert Advisor (EA) designed to enhance your trading experience by automating key aspects of trade management. This EA excels in efficiently managing Take Profit (TP) and Stop Loss (SL) levels, offering a seamless and intelligent approach to trailing stops. One of TradeGuard's standout features is its Smart Trailing Stop, which dynamically adjusts the trailing distance based on market conditions. This adaptive approach helps maximize profits duri

For MT4 :  https://www.mql5.com/en/market/product/104671 The Hedging Breakout Expert Advisor is a sophisticated trading tool designed to capitalize on market breakouts while employing robust risk management through hedging strategies. This EA is meticulously crafted to identify optimal breakout opportunities, leveraging increased market liquidity to maximize trading potential. By combining breakout logic with effective risk management through hedging, this expert advisor aims to enhance overal

Looking for a powerful indicator to take your trading to the next level? Look no further than our unique RSI-based indicator, which combines the best of Relative Strength Index (RSI), Moving Average, and Heiken-Ashi indicators in MQL5. Our indicator offers real-time data without any lag, allowing you to make informed trading decisions with confidence. It's perfect for traders of all levels, from beginners to experts. With customizable settings and parameters, you can easily adjust the indicator

This is a mechanically designed indicator based on the candlestick price action. It works on any given trading instrument producing alerts whenever a buy or sell impulse is generated, however there is a video and explainer documents for validating signals also providing entry and exit technics. Search on youtube benjc trade advisor and locate explainer videos to this product. The latest version features trend and oscillator constraint to filter signals and make them more accurate. Also it called

The utility displays the order book, as well as increases its depth, remembering the location of applications that have gone beyond the current "window" view. With the utility user can perform quick trading actions in one click - placing/cancelling/editing of explicit and hidden orders, and also opening/editing positions. Utility features The orders book display works only on those trading symbols for which it is broadcast by the broker. To reset the information about the rows that were record

Time And Sales Layout indicator shows traded buy and sell volumes right on the chart. It provides a graphical representation of most important events in the time and sales table. The indicator downloads and processes a history of real trade ticks. Depending from selected depth of history, the process may take quite some time. During history processing the indicator displays a comment with progress percentage. When the history is processed, the indicator starts analyzing ticks in real time. The l

The indicator High Trend Pro monitors a big number of symbols in up to 4 timeframes simultaneously and calculates the strength of their signals. The indicator notifies you when a signal is the same in different timeframes. The indicator can do this from just one chart. Therefore, High Trend Pro is a multicurrency and multitimeframe indicator. High Trend Pro uses emproved versions of popular and highly demanded indicators for calculating its signals. High Trend Pro calculates the signal strength

Automatically detect bullish or bearish order blocks to optimize your trade entries with our powerful indicator. Ideal for traders following ICT (The Inner Circle Trader). Works with any asset type, including cryptocurrencies, stocks, and forex. Displays order blocks on multiple timeframes, from M2 to W1. Alerts you when an order block is detected, migrated, or a higher timeframe order block is created/migrated. Perfect for both scalping and swing trading. Enhanced by strong VSA (Volume Spread A

To effectively use the Long and Short indicator and take advantage of correlations between different assets, it is important to follow some fundamental steps. 1. Understand the foundation of the indicator: Familiarize yourself with the underlying metrics and calculations of the Long and Short indicator. Understand how it correlates currency pairs, indices, or cryptocurrencies and identifies positive or negative correlations between these assets. 2. Analyze asset correlations: Use the Long

THE REVERSAL STRATEGY (ONLY WORKS ON WHITE CHARTS) Made with liquidity concepts in mind  BSL = BUYSIDE LIQUIDITY  SSL = SELL SIDE LIQUIDITY  ENTRY = PLACE YOUR TRADE ON HERE ENTRY LEVELS MARKED IN THE CENTRE FOR THE BEST ENTRY HOW TO TRADE WHEN PRICE TOUCHES THE ENTRY LEVEL TAKE A TRADE IF YOU THINK PRICE IS GOING TO GO TO SSL = SELL SIDE LIQUIDITY TAKE A TRADE ON TEH ENTRY AND TAKE PROFIT AT THE SSL LEVEL MARKED HOW TO SET UP  CLICK INSTALL THEN THE REVERSAL STRATEGY SHOULD BE IN YOUR INDICAT

I recommend you to read the   product's blog  (manual) from start to end so that   it is clear from the beginning what the indicator offers. The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI, Bollinger Bands and ATR filter options which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout,

Do you have a really good indicator... but you wish it had alerts? Do you find exhausting looking closely at an indicator to see if it has given you a signal? ... Then, this indicator may be for you! Universal Alerts analyzes one of your chart indicators and provides alerts when they give a signal, according to your own parameters. After configuring this indicator, an icon will be displayed each time there was a buy/sell signal, and any signals that come next will create alerts, send mails or

Trend Scanner is a trend indicator that helps to determine the current and forecast market direction using an advanced algorithm. Thanks to flexible alert settings, the indicator will promptly warn you about a trend reversal. The indicator is intuitive and easy to use, and will be an excellent filter in your trending trading strategies. The lines of this indicator are also an excellent dynamic level for stop loss, and is used as one of the types of trailing stop in Trading Panel . To fine-tune t

KT Higher High Lower Low marks the following swing points with their respective S/R levels: Higher High: The swing high made by the price that is higher than the previous high. Lower High: The swing high made by the price that is lower than the previous high. Lower Low: The swing low made by the price that is lower than the previous low.  Higher Low: The swing low made by the price that is higher than the previous low.   Features The intensity of swing high and swing low can be adjusted by cha

The KT 4 Time Frame Trend is an invaluable forex indicator for traders seeking to identify the trend direction across 4-time frames accurately. This innovative indicator allows users to simultaneously observe and analyze price trends across four different timeframes. Whether you're a beginner or an experienced trader, this tool offers an enhanced understanding of trend dynamics, leading to improved trading strategies on your trading platform. The capability to concurrently monitor multiple timef

The Expert Advisor is used to create Renko chart, realtime updates, easy for technical analysis. Backtest your strategy with all indicators with Renko chart in MetaTrader 5. Parameters Box Size : input the number of box size. Show Wicks : if true , draw a candle with high/low. History Start: input the date to creat first candle. Maximum Bars: limit number of bars on renko chart How to use Attach the Expert Advisor to a chart (timeframe M1), for which you want to create a renko. Input box siz

Utility for automatic setting of stop loss and take profit levels. Created by a professional trader for traders.   The utility   works with any market orders opened by a trader manually or using advisors. Can filter trades by magic number. The utility can work with any number of orders simultaneously. MT4 version  https://www.mql5.com/ru/market/product/56485 WHAT THE UTILITY CAN DO: set virtual stop loss and take profit from 1 pip real   stop loss and take profit work with each order separately

Create, explore, earn! The Expert Advisor allows you to build fully automatic trading systems based on a powerful and universal indicator that smoothes the price of an instrument. Create your own trading system with a set of rules integrated into the EA. Test your idea in the strategy tester. Use it in real trading for profit or as an additional tool. On 10/19/2021, we published a completely free UniversalMA indicator for MetaTrader 5. UniversalMA is a moving average with huge customization opti

Tatino Super Signals is Non Repaint Indicator for Binary Option trading and Forex trading. Recommendations: Timeframe: All timeframes. For best results we recommend using it on M1, M5 and M15 timeframes. Currency pairs: All Pairs Account type: All Type Broker time: Any Brokers : Alls Binary Trading : Expired 1 Candle Buffer Buy=1, Sell=0, Entry Next Candle Recommended Forex trading stop loss : 15 pips Recommended  Forex tradingTake profit levels : 15 pips Specifications: Does not repaint  

The TRIXe Indicator is the combination of the TRIX indicator (Triple Exponential Moving Average) with the addition of an EMA (Exponential Moving Average) signal. It provides signs of trend continuity and the start of a new trend. The entry and exit points of operations occur when the indicator curves cross. It performs better when combined with other indicators.

The Advanced Pivot Point Indicator is a powerful tool designed to help traders identify key support and resistance levels in the market. This versatile indicator offers a customizable and user-friendly interface, allowing traders to select from five different pivot point calculation methods: Floor, Woodie, Camarilla, Tom DeMark, and Fibonacci. With its easy-to-read lines for pivot points (PP), support (S1, S2, S3, S4), and resistance (R1, R2, R3, R4) levels, the Advanced Pivot Point Indicator pr

Kindly rate and comment about the product for upgradation & Support The   5 EMA   is plotted in   green   color ( Lime ). The  14 EMA  is plotted in  red  color ( Red ). The   20 EMA   is plotted in   blue   color ( Blue ). The  200 EMA  is plotted in  black  color ( Black ). The   200 EMA   is plotted in   yellow   color ( Yellow ). The Quarter EMA that provided calculates and plots four Exponential Moving Averages (EMAs) on the chart using different periods: 5, 14, 20, and 200. Each EMA

This is the demo version of "All Harmonics 26" indicator . "All Harmonics 26" searches for 26 types of harmonic patterns and outputs them in a convenient way. You can check out the documentation here . This demo version has the following limitations: The indicator searches only for one type of harmonic patterns out of 26:- Gartley. The indicator outputs new patterns with a lag of 10 bars.

Full implementation of Directional Movement System for trading, originally developed by Welles Wilder, with modifications to improve profitability, to reduce the number of unfavorable signals, and with Stop Loss lines. No re-paint Features Buy/sell signals displayed on the chart Stop levels visually indicated on the chart Profit-taking points presented in the indicator window Exit points for unfavorable positions presented in the indicator window Signal confirmation through high/low swing c

The VR Calculate Martingale indicator is a powerful order and position calculator for calculating profit or loss. With the help of the order and position calculator, a trader can calculate the average price of any forex currency, stocks or crypto currency. Now you can connect the indicator and start superimposing virtual orders on your real orders and positions. By creating additional virtual positions, you can calculate any development of the situation. The indicator has a built-in lot calculat

Fundamentação teórica A VWAP é uma média móvel ajustada pelo volume, ou seja o peso de cada preço corresponde ao volume de ações negociadas no período, dando mais importância ao período em que se tenha mais negociações. [1] VWAP = sum(price[i]*volume[i]) / sum(volume[i]) Metodologia É possível configurar o período que será utilizado para o calculo da VWAP, a cor, a espessura e o estilo da linha. A linha é desenhada desde a o começo da série disponível apenas uma vez para economizar recursos com

The adviser was developed according to the 2TF strategy for EURUSD and GBPUSD. Indicators used: EMA (5), EMA (10), ADX (28), MACD (5; 10; 4). Rules for Buy Orders EMA (Fast) crossed EMA (Slow) from the bottom up. ADX + DI (blue) above –DI (red). MACD is above zero. Rules for Sell Orders EMA (Fast) crossed EMA (Slow) from top to bottom. ADX + DI (blue) below –DI (red). MACD is below zero. In the parameters of the adviser, you can change various strategy settings, indicator periods, size and m

Highly configurable Adx indicator. Features: Highly customizable alert functions (at levels, crosses, direction changes via email, push, sound, popup) Multi timeframe ability Color customization (at levels, crosses, direction changes) Linear interpolation and histogram mode options Works on strategy tester in multi timeframe mode (at weekend without ticks also) Adjustable Levels Parameters: ADX   Timeframe:  You can set the lower/higher timeframes for Adx. ADX   Bar Shift:   you can set the

ScriptBot é um robô multi estratégia desenvolvido para ser prático e robusto, com o ScriptBot você é capaz de criar diferentes estratégias próprias, instale até 51 indicadores do seu gosto e monte o seu próprio gatilho utilizando uma expressões lógica simples. WARN:   English version:  mql5.com/en/market/product/67941 Abaixo contaremos um pouco sobre a estrutura: Indicadores: ScriptBot não possui indicadores na sua codificação, isso significa que você tem total controle de quais indicadores

In this indicator, Heiken Ashi candles are calculated with the most optimal method. You can also customize the results by adjusting the amount of period and method input. But the most important advantage of this indicator is the adjustment of the time frame value. You can use this to calculate the Heiken Ashi chandels to See in time frames with lottery in the lower time chart. In this case, you get the best signal to buy or sell using two or more Heiken Ashi indicators with different timeframes

The art of Forex is a new complex  Expert Advisor  that continuously trades in both directions. A series of orders will be opened to get the best average price until the take profit is hit. It is optimal for  making profits  in an unpredictable market.   A  loss coverage system  is integrated to allow the recovery of orders that are too distant from the current price.  The best results are on EUR/USD H1 but you can use it on any forex pair and timeframe . Live results : https://myx.gg/mql5 Share

This indicator provides common shapes as drawing object options. The shapes are rotatable, resizable, draggable, and will keep their proportions (according to their handle trendline) across different chart scales. Multiple drawings are supported. Shapes: Square Rhombus Triangle (quadrilateral & isosceles) Circle (grid, overlapped grid, flexi grid, rotatable grid, concentric circles) Features: rays (all object edges will be rays) show/hide each individual drawing type, or all delete last drawn

The EA trades on two indicators iMA (Moving Average, MA) and one iRSI (Relative Strength Index, RSI). Decision on trade signals is only made when a new bar appears, while positions are trailed and closed (in case of profit) at every tick. An unconventional solution was applied: The   Slow   indicator averaging period is calculated as the   Fast   averaging period multiplied by two, while the   RSI   averaging period is always equal to the   Fast   averaging period. This reduces the number of par

Full automated! More than one year real monitoring! PROMO PRICE - $99 (Usual price $499) MT4 version here! ENS FX SCALPER    – THE FULL AUTOMATED ROBOT FOR FOREX MARKET ADVANTAGES Scalping strategy without gridding or the martingale method Uses Limit Orders for entry and TakeProfit for the best execution and no slippage Uses real and virtual (hidden) StopLoss levels Custom indicators for a more accurate market entry and exit, without waiting for drawdown Trade modeling based on real tic

This indicator scans the 1-3 Trendline pattern . The indicator is a 100 % non repaint low risk breakout system . The patterns are formed around swing high and swing lows which make them a low risk pattern with high reward. PATTERN BACKGROUND The 1-3 Trendline Breakout pattern is formed by four(4) points which are composed of three (3) primary points and the pattern neck. A trendline is always formed by the point 1 and the neck of the pattern . When price breaks out of the trendline formed ,

Profitable Scalper EA - Rôla Scalper! Tested on EURUSDm Symbol on Micro Account created in XM Broker, but you can try it in any market or broker, any way I recommend that you use it on markets with volatility similar to EURUSD. This EA can open a lot of positions, so I recommend that you use a broker that don't have comission fee and provide low spread. You can use settings on 5 minutes timeframe, since I started to use it, and in tests, the maximum drawdown with this settings and M5 timefr

This MT5 expert adviser is based on price action trading , which is a method of technical trading that relies on observing price movements and patterns. It can capture trend phases as well as be used as a scalping tool. The settings allow both options. You can also adjust the take profit and stop loss levels dynamically according to the market conditions by using the average daily range (ADR) . However, you should always do your own backtests with your data and understand that profits are not g

Flag Pattern pro is a   Price Action (PA)   analytical tool that scans the   continuation patterns   known as   "Flag and Pennant Patterns"   . Flag and Pennant patterns are continuation patterns characterized by a move in a previous trend direction after a shallow retracement usually below 50% of the original move . Deep retracements can however be sometimes found at the 61.8 % levels. The original move is know as the   flag pole   and the   retracement   is called the flag. Indicator Fun

Big promotion! , prices are now on discount , get your copy now  The   Rubdfx Price Tracker   that is used to show price price bound , the price almost never goes out of the channel and most of the time price will react when it touches the channel limits .It determines the best highest and lowest prices at which you can sell and buy respectively Suitable for scalping & swing trading It Draws arrows that appear after a candle close , The arrows indicate bullish or bearish pressure For bearish an

MetaTrader utility MTI (Main Trading Info) – shows the basic trading information for a trader, namely: average and current spread size Swap size for short and long positions Cost of 1 pip for 1 trading lot Stop Level size (minimum distance for placing pending orders) Time until the end of the current (red) and time until the start of the next (gray) trading session Recommended Robot Scalper -   https://www.mql5.com/en/market/product/77108 The time until the end of the current trading session i

This indicator scans for you up to 15 trading instruments and up to 21 time frames for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double Tops/Bottoms with fake breakouts . For double tops with fake breakouts the highest price of the right shoulder must be higher than the left shoulder. For double bottoms with fake breakouts the lowest pric

This indicator combines the classic MACD and Zigzag indicators to detect divergence between price and indicators. It also uses advanced artificial intelligence (AI) technology to detect the validity of divergence. MACD is known as the "king of indicators," and Zigzag is also a very useful indicator. By combining these two indicators, this indicator leverages the strengths of both. The detection of divergence is a probabilistic problem. Often, divergences occur only to be followed by further

The Smooth Price technical indicator is used for plotting a smoothed line as close to the price of the financial instrument as possible, and serves to eliminate its noise components. The indicator is part of the Monarch trading system, but here it is presented as an independent technical analysis tool. The indicator is based on the cluster digital filter , which, unlike the ClusterSMA , is applied directly to the price time series. Smooth Price does not redraw (except the very last, zero bar) an

This tool provides an intelligent method of trading Parabolic Sar . it has been tested for a period of nine years on EUR/USD and shows consistent profit making capability. The amount of profit you intend to make per year depends on the input values of lot size. Interested clients will be provided with further information on how to set up these inputs. This product has been well tested on OxctaFX for 9yrs and is currently being tested on other platforms to ensure it provides consistent results. D

Try   My Signal   = https://www.mql5.com/en/signals/2093706?source=Site+Signals+My If you don't have time to analysis the chart then check out my above trading SIGNAL . This Advanced Pivots Point is a   MT5 Indicator and the essence of this technical indicator is to transform the accumulated history data. Pivot Point Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Pivot Points Fibonacci retracements Pre