Simple Strategy indicator

4
Simple Strategy Indicator

The Simple Strategy indicator is a reliable tool for identifying trend direction, leveraging three popular technical indicators: MACD, RSI, and Stochastic. It provides clear trading signals for quick market analysis.

Trend Detection Logic

  • Buy signal: MACD above signal line, RSI > 50, Stochastic > 50
  • Sell signal: MACD below signal line, RSI < 50, Stochastic < 50

Advantages

  • Suitable for various assets: forex, stocks, cryptocurrencies, indices
  • Optimal on daily (D1) timeframe, also effective on H1
  • Clear visualization with straightforward logic
  • No repainting
  • Best used with bar charts

Usage

Ideal for confirming trend direction, entry, and exit points. For detailed setup instructions or a comprehensive manual, refer to the comments section or the author's blog on MQL5.com.

Reviews 2
Rafal Krzysztof Manuszewski
2407
Rafal Krzysztof Manuszewski 2024.10.08 19:47 
 

ok

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Morning Range Breakout (Free Version) Morning Range Breakout (Free Version) is a straightforward trading advisor that implements a breakout strategy based on the morning range. It identifies the high and low within a specified time interval (e.g., 08:00–10:00 UTC) and opens a trade on a breakout upward or downward. The free version includes core functionality without restrictions. All parameters and messages are in English, per MQL5 Market requirements. Key Features Detects morning range based
FREE
Morning Range Breakout PRO Morning Range Breakout PRO is a professional trading advisor designed for breakout trading based on the morning range. It includes advanced features such as trend filtering, breakeven functionality, entry time restrictions, and range visualization. All parameters and messages are in English, per MQL5 Market requirements. Key Features Customizable range formation interval (UTC hours) Trend filter using moving average Limited entry window after range completion One trade
FREE
Oil Bounce
Vladimir Kuzmin
OilBounce OilBounce is a fully automated trading advisor designed for oil assets. It leverages market patterns following price declines, focusing on specific weekdays with a higher probability of technical rebounds. Strategy The advisor enters trades at a predefined time during the trading session, using an adaptive risk management system. Stop Loss and Take Profit levels are calculated based on the previous day’s volatility. Profitable trades may be closed before the session ends to secure resu
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Rafal Krzysztof Manuszewski
2407
Rafal Krzysztof Manuszewski 2024.10.08 19:47 
 

ok

John Bacelar
168
John Bacelar 2024.03.30 23:39 
 

User didn't leave any comment to the rating

Vladimir Kuzmin
4493
Reply from developer Vladimir Kuzmin 2024.04.19 13:09
Thanks for your attention
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