• Overview
  • Reviews
  • Comments

Cointegrated Pairs Trading Indicator


Model Lelothoane is a forex trading system model packaged into an indicator executable on a PC running Metatrader 4. The model exploits the mean-reversion property of stationary processes. Stationarity is determined or confirmed by performing cointegration tests between two forex instruments. In the case that there is strong evidence of cointegration the two instruments can be traded as one stationary process. The trader can make entries every time the model spread/deviation (residual time series) crosses a new multiple of standard deviation from on its way from the mean. The indicator plots four multiples of standard deviation (-4 Std, -3 Std, -2 Std, -1 Std, 1 Std, 2 Std, 3 Std, 4 Std) in the indicator window below the main chart window. The indicator also displays some useful information (i.e. cointegration model parameters, lot size ratio, standard deviation, model deviation, levels, etc) in the main chart window.

To explain this operation further, suppose the model spread crosses the first standard deviation (negative or positive side) away from the mean. Then the trader will open two orders which together act as one order pair for model spread as a synthetic instrument (a stationary one). If the model spread goes further away to cross the second standard deviation from the mean, the trader  can pen a new order pair with same lot sizes. The trader should wait until the model spread reverts back to the mean (i.e. level 0) and close all trades and start afresh.  The end result is always that when the model mean finally reverts back to the mean there will be net profit in so far as the cointegration model is still valid.

There is a good reason why it is safe to keep opening order pairs as the model spread keeps moving away from the mean. That reason is that, since the model spread is a tested stationary process then it has a tendency of mean reversion and binning this process result in Gaussian histogram profile and this tells us that the probability of model spread moving further and further away from the mean decreases exponentially. It is for this reason that always betting that model spread is bound to revert back to the mean value results in an investment system with a positive expectation value which can be calculated explicitly given the mean and variance of the Gaussian histogram profile.

The lot size ratio is given by the coefficients of the instruments displayed in the main chart window (i.e. if the model is EURUD = -1.14*USDCHF + 1.86 for example, then the lot size ratio should be EURUSD : USDCHF = 1.00 : 1.14. Here are some few rules regarding what to buy/sell and when. Suppose the cointegration model example is given by EURUSD = M*USDCHF + C. Then the rules are as follows (Remember we only make entries when the model spread crosses multiples of standard deviation when it moves away from the mean):

1. If Model deviation is negative (i.e. negative level) AND the coefficient M is positive, do the following: (a) buy EURUSD and sell USDCHF and (b) set the lot size ratio of EURSD : USDCHF = 1 : abs(M).

2. If Model deviation is negative (i.e. negative level) AND the coefficient M is negative, do the following: (a) buy EURUSD and buy USDCHF and (b) set the lot size ratio of EURSD : USDCHF = 1 : abs(M).

3. If Model deviation is positive (i.e. negative level) AND the coefficient M is positive, do the following: (a) sell EURUSD and buy USDCHF and (b) set the lot size ratio of EURSD : USDCHF = 1 : abs(M). 

4. If Model deviation is positive (i.e. negative level) AND the coefficient M is negative, do the following: (a) sell EURUSD and sell USDCHF and (b) set the lot size ratio of EURSD : USDCHF = 1 : abs(M).

The robot has various input parameters (set at default settings) some of which are described below:

1. N is the data size for building cointegration model.
2. TFrame is the time frame in minutes.
3. PairOne & PairTwo are two trading instruments which are to tested for cointegration and traded if the test succeeds. The robot will report back if the chosen instruments have weak or no significant cointegration and the user should react by choosing a different combination.

Recommended products
Purpose: The function of this indicator is to draw 3 moving averages (MA's) lines on the main MT4 price chart.   The MA's are from 3 different timeframes specified by the user independent of the chart that is currently displayed. When you toggle your chart view through different time frames, the 3 MA's will continue to display the MA lines for the time frames specified in the properties. Example: The default settings map out three 50 bars MA's for H4, D1 and W1 time frames. During intraday tradi
Donchian通道(唐奇安通道指标)是用于交易突破的最古老、最简单的技术指标之一。 一般来说,唐奇安通道的宽度越宽,市场波动就越大,而唐奇安通道越窄,市场波动性也就越小 。此外,价格走势可以穿过布林带,但你看不到唐奇安通道的这种特征,因为其波段正在测量特定时期的最高价和最低价。 交易实用必备工具指标 波浪自动计算指标,通道趋势交易 完美的趋势-波浪自动计算通道计算 , MT4版本 完美的趋势-波浪自动计算通道计算 , MT5版本 本地跟单复制交易 Easy And Fast Copy , MT4版本 Easy And Fast Copy , MT5版本 本地跟单复制交易 模拟试用 Easy And Fast Copy , MT4 模拟账号运行 Easy And Fast Copy , MT5 模拟账号运行 唐奇安通道指标计算: 唐奇安上阻力线 - 由过去N天的当日最高价的最大值形成。 唐奇安下支撑线 - 由过去N天的当日最低价的最小值形成。 中心线 - (上线 + 下线)/ 2   唐奇安通道信号   唐奇安通道常用作突破指标。它提供了两种主要类型的突破信号,一个是上阻力线或下支撑线
The EA closes market orders after a certain number of ticks after opening . Use this advisor if you need to close a deal after a certain time. The EA has the following input parameters: Only current symbol - if true, the EA will close orders of only the selected instrument; if set to false, it will close any orders on any instrument. Timeout - the number of ticks after which the EA will close orders. Please note that if the parameter only current symbol = false, then all orders will be clos
30 USD
Marcador Profit
Juan Carlos Sanz Diaz
This indicator shows the Profit of the operation in Percentage and number of pips of the same, as well as the number of operation to which it is monitoring and the protection status of the same. It also allows you to select the number of the operation you want to track. It is very useful since it disconnects the operator from the profit defined in the local currency.
30 USD
TDI Signal
Devy Tanusukma
5 (1)
Traders Dynamic Index (TDI) Signal  Input parameters: signal mode: set it to true if you want to plug it into   STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart middle band filter price line filter RSI period RSI price method Volatility period MA period 1 MA period 2 Averaging method You can find the best setting for 4 hour EURUSD on  this video
FX Master Expert Advisor opens positions at breakthroughs of support and resistance levels. The EA trades during both trend and flat movements with no need to adjust parameters. The EA uses the minimum stop loss (250 points) allowing the efficient use of funds and risk management. Working timeframe: 1H Recomended params for trading - all default values, excluding Filtration: AUDUSD=8, EURUSD, GBPUSD, USDCAD =12, USDCHF = 28 Note! Use "Every tick" mode when testing the EA! In
99 USD
Blahtech Market Profile
Blahtech Limited
4.61 (18)
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
99 USD
All Time Frames : from 1 Minute to 1 Month All pairs sorted in Dashboard Descend or Ascend. Constant overview of the market, all pairs have their specific waves, in which they move. Prices are in predictable waves and cycles. They are hidden from retails. Nothing Price action, Market Profile, Ellliot Wave or Gann or etc. AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD","CADCHF","CADJPY","CHFJPY","EURAUD","EURCAD","EURCHF","EURGBP","EURJPY","EURNZD","EURUSD","GBPAUD","GBPCAD","GBPCHF","GBPJPY","GBPNZD","GBP
100 USD
Lancelot MT4
Frank Paetsch
Lancelot   Lancelot EA Trades micro-accounts from 1,000 USD Easy to use and monitor First, the EA is trying to break-even to ensure capital preservation. Second, the EA applies a configurable trailing stop and earns profit. When trading goes straight into negative territory, the EA recovers. Lancelot is a Metatrader Expert Advisor that provides a proper framework for your trading activity. It provides proper risk calculations and a very intelligent position management strategy that will autom
299 USD
Here is the free version of this EA :  https://www.mql5.com/en/market/product/54548 It's a Profitable RSI Trading EA for D1 TimeFrame. The EA also work in M1 & M15 timeframe but is less profitable. This demo version only open buy position. This EA have a strategy based on RSI indicator. He are created to work perfectly with Nasdaq, FRA40, DAX and S&P500. The EA survived with the coronavirus, so i think he can survive to everything now. You are free to backtest this product, here are my per
EMA Multi meter
Abir Pathak
5 (7)
How the Indicator Works: This is a Multi-timeframe MA multimeter indicator which studies if price is above or below a particular EMA range and shows Red/Green/Yellow signals. Red: Price Below EMA range Green: Price above range Yellow: Price within range Indicator Properties: EMA Settings: - Default Period is 200. You can change all MA Settings like Period, MA Method (SMA, EMA, etc) or MA Applied Price (Close, Open, etc). - EMA Range list is a comma separated value list for different timefr
This is an indicator with real-time reminder function, which can realize real-time monitoring of four harmonic patterns of multiple cycles (30 minute chart, 1 hour chart, 4 hour chart, 1 day chart), and help traders to have insight into market reversal opportunities. Gartly Bat Butterfly Cypher Before loading into the chart, you need to manually input the switch parameters, which are the harmonic patterns   and time period you want to monitor: M30 / H1 / H4 / D1. It is on  when the corresponding
499 USD
Speed Trend
Svyatoslav Kucher
5 (1)
Определение текущей тенденции - одна из самых важных задач трейдера независимо от стиля торговли. Индикатор  Speed Trend  поможет с достаточно высокой вероятностью это сделать. В расчетах индикатора используется авторская методика.  Speed Trend  подходит для любой валютной пары, любого таймфрейма, и не меняет свои показания. Индикатор очень просто в настройке, что является хорошим преимуществом для исследований. Параметры Основные настройки ( Main Settings ): IndicatorPeriod  - период для р
45 USD
For all those traders who trade multiple positions , both long and short, in the one (or many) financial instruments, including grid trading, cost averaging, hedging, martingale, etc , by dragging it on to any chart from the navigator, this free and easy to use interactive panel utility will offer you the following benefits: 1. Live up to date visual data: a. Shows live up to date details of all positions, both long and short, you have open in the particular financial instrument of the char
RealLevels MT4
Aleksei Stepanenko
4.67 (3)
The indicator finds all levels of support and resistance. The search for patterns in the past history helps to predict the price movement in the future. Levels are one of those patterns. Levels are always and on all charts. And if you look closely, it is clear that the price stay frequency on a vertical scale is different. In some areas, the price fluctuates between invisible borders for a long time. And much less often the price is in the zone of these boundaries. These boundaries are levels. H
Bar Timer Percent
Iurii Tokman
5 (4)
The indicator shows the time of formation of the current bar in a percentage ratio. Indicator Properties color_back1 - background color 1 color_flat1 - color of borders for background 11 color_back2 - background color 2 Alert_Percent - percent value for a sound alert Sound_file - the name of the sound file, the file must be located in the terminal_directory/Sounds and have the .wav extension
Show Pips
Roman Podpora
4.27 (56)
This information indicator allows you to always be aware of the current account status. The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. You can select one of the different info line location types: To the right of the price (always following it); As a comment (in the upper left corner of the chart); In a selected screen corner. You can also select a data separator:
Bermaui RSI Candles
Muhammad Elbermawi
5 (3)
The idea of this indicator is to draw RSI in the form of candles that can be compared with price charts to generate buy and sell signals. The indicator is not my invention. I founded it on the internet several years ago. I updated the code, added alert functions, added the Bermaui Utilities group of tools. The indicator calculates the RSI of all the prices that are used to draw candlesticks (RSI of the open, high, low & close). It uses the highest of them to draw the RSI candles high wick & the
40 USD
Mr Fibo EA
Nikolay Shabanov
Мультивалютный советник использует в торговле четыре индикатора, фильтрация ложных сигналов можно выбрать по каждому из индикаторов. Mr Fibo EA - торговая стратегия на основе торговли от уровней. На каждом ретрейсменте предусмотрено построение двух типов расширений и проекций, двух типов временных проекций, а также встроен стрелочный индикатор каналов Дончиана и три индикатора для фильтрации ложных сигналов. Перестроение ретрейсмента осуществляется при пробитии максимума или минимума, а также ур
40 USD
Buyers of this product also purchase
Advanced Supply Demand
Bernhard Schweigert
4.93 (195)
CURRENTLY 33% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
148 USD
Black dragon indicator
Ramil Minniakhmetov
5 (25)
The trend detection indicator will compliment any strategy and can also be used as an independent tool. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Recomedation for work with indicator #8 Benefits  Easy to use; does not overload the graphic wih unnecessary information. The ability to use as filter for any strategy. Contains bult -in dynamic levels of cupport and resistange,  which can be used both, for profit taking, and for settings up stop-losses. The
99 USD
CURRENTLY 26% OFF Best Solution for any Newbie or Expert Trader! This Indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With only ONE chart you can read Currency Strength for 28 Forex pairs! Imagine how your trading will improve because you are able to pinpoint the exact trigger point of a new trend or scalping opportunity? User manual: click here That's the first one, the original! Don't buy a worthle
148 USD
Andrey Ziablytsev
Автоматическая разметка графика моделями Пентаграмма. Данная модель основана на Модели Расширения из Тактики Адверза. Предназначена для определения тренда и прогнозирования возможных уровней и целей ценовой коррекции в будущем. Модель описывает развивающийся тренд. Тренд актуален до тех пор пока цена не пересекла линию тренда модели в обратном направлении. Уровни лучей пентаграммы, уровень НР, расстояния 100% и 200% от расстояния между точками 1-4,  уровня HP  есть возможные уровни коррекции или
300 USD
This is the FXTraderariel-Indicator . It scans the market for opportunities and creates a buy or sell signal. Depending on the settings and trading style, it can be used for scalping or long-term trading . The indicator can be used on every time frame , but we advise to use it on H1, H4 and D1 . Especially if you are a novice trader. Pro Traders can also you use it for scalping in smaller timeframes (M1, M5 and M15). This indicator is not a complete trading system. It doesn't give you exit point
100 USD
Actual Levels
Ilya Fomin
4 (1)
The indicator shows significant support and resistance levels. When the price approaches these levels, it in some way responds either to the levels themselves, or to the areas that are near these levels. These levels can be viewed as potential reversal zone. Accordingly, the levels can be used for performing trading operations or closing previously opened positions. For example You can buy if the price rolls back from the support level upwards, or sell if the price rolls back from the resistan
99 USD
Quantum Swing 1. What is Quantum Swing The indicator calculates and displays future price levels based on quantum mathematics with high accuracy of probability and direction. Levels are displayed in the form of zones for making trading decisions; they clearly define a narrow price range for placing orders with a minimum stop-loss and maximum take-profit. The indicator displays future trading zones on different timeframes H1, H4, D, W. Quantum oscillations are also displayed without reference to
300 USD
This indicator shows the Up/Down trend calculated on a specific Time Frame defined by the user. The trend is shown in color coding for easy identification. ex: User can show the trend calculated from a Daily (D1) chart on the H4 chart. NOTE: Required Time Frame must be higher than the chart current time frame, otherwise the indicator will draw nothing. The available Moving Averages for the signal are: Simple Moving Average. Exponential Moving Average. Smoothed Moving Average. Linear Weighted M
200 USD
Entry Points Pro
Yury Orlov
4.7 (178)
This is a trend indicator for MT4 providing accurate signals to enter a trade without redrawing or delays. It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices . The best results are on the timeframe M15+   MT5 version is here   IMPORTANT!  Contact me after your purchase to get the detailed guide and bonus. Video (6:22)  - one signal that made a profit equal to triple the price of the indicator. Video (4:44)  - how it works in the tester, my tips & tricks.
125 USD
Hedge Pair
Asylbek Karashev
1 (1)
Examples right away https://gyazo.com/fc130266994402bcd43d3a6b08ac2210 https://gyazo.com/8179542d3b82430be4e1c715652c0b3c Hedge Pair This indicator allows to observe a synthetically calculated spread between two pairs. The main idea is to pick two pairs which have a strong and positive correlation, like EURUSD and GBPUSD, EURJPY and GBPJPY, AUDUSD and NZDUSD etc. Once the spread line (lightgray colored line by default) goes way up high or down low, you can obtain a margin from the market b
120 USD
TSO Fibonacci Chains
Dionisis Nikolopoulos
5 (1)
Fibonacci retracement is a method of technical analysis for determining support and resistance levels. The TSO Fibonacci Chains Indicator is different from a simple Fibonacci Retracements indicator in that it provides the targets for each retracement level. In other words, there is an Extension Level (D) for every Retracement Level (C). In addition, if an Extension Level is reached, then a new Fibonacci setup is created automatically. These consecutive Fibonacci setups create a chain that reveal
199 USD
The EagleSystem indicator is a complete trading system. The indicator algorithm determines wave movements, price channels formed, Pivot-levels, zones of intended purchases and sales (overbought / oversold zones). The indicator can be used both independently and as an addition to any trading system. Settings Alert for turning points - Alert when forming a point; Send Emails - Send to e-mail; Display the EagleSystem - Show price peaks; Alert at the color dot change - Alert when the dot chan
137 USD
AW Prime Oscillator
Alexander Nechaev
5 (1)
A combination of two oscillators.   The first one displays the entry points, the second shows the current trend   . The indicator can display oscillator signals by arrows in two modes, all fast oscillator signals or signals only in the direction of the current trend. It has a multi-timeframe panel and three types of signal notifications. Benefits: Suitable for day and scalping trading Trend filtering Simple and sensitive setup Multi-timeframe panel Suitable for integration into an advisor. W
145 USD
CURRENTLY 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a single indi
199 USD
MACD Currency Meter
Emir Revolledo
4.96 (52)
(Currently 20% OFF) MACD is one of the most popular indicator which a lot of traders use. Currency Strength Meter is also a trend indicator which is based on multiple currencies. MACD Currency Strength Meter is a one chart indicator which have the algorithm of MACD and Currency Strength Meter. It also have one click feature, in which 28 major and minor pairs are shown on your dashboard, by clicking a certain pair, your chart will change automatically to the chart of your choice. Input Paramet
110 USD
Blahtech Supply Demand
Blahtech Limited
4.7 (33)
Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings and engulfing detector
99 USD
WARNING: due to the calculations used by this indicator, it may take time to load and running it may slow down the user's terminal Description & Summary Dashboard to detect Higher-Low/Lower-High breakouts and Triangle Patterns on 28 currency pairs and up to 8 timeframes at once. Numbers on the left are the normalized values of distance between price and last Lower-High and Higher-Low if one has formed (displays "--" if none). Text will turn Red upon a Higher-Low Breakout and Green upon a Lower
100 USD
Multi Signal
Filip Maurice Daelman
Multi Signal Indicator contains a whole series of intersting buy,sell and exit signals that can be separately turned on/off. Signals : Liquidity Pools Liquidity Pools Forecast Projection Reversal Blocks Pinbar groups Overbought/Oversold with Moving Average Band (5 MA bands) Moving Average Difference Liquidity is an important aspect in the market, especially for institutional investors, as they need lots of liquidity to enter or exit the market. Therefore, institutional traders focus more on dema
100 USD
Shepherd Gann Squares
Abdullah Alrai
5 (6)
This indicator is a market analysis method based on the "Mathematical formula for market predictions" article written by W.D. Gann depending on square of nine and square of 144 methods. User Manual: https://shepherd-software.com/?p=216 You Can Buy Full MT5 Version From: https://www.mql5.com/en/market/product/28669 Indicator has a panel, which allows you to: Move between SQ144 and SQ9 methods. Choose perfect style to trade on (Levels, Channel, Star, GannFan, Circles, and Grid for SQ9). Choose
125 USD
Trend indicator - showing the main trend and incipient corrections.The indicator is based on a moving average, the period of which can be changed in the settings. Also, the indicator can show values from any other specified time frame. When buying an indicator, you can get all my advisors as a gift just send me private message. Mql group here   My mql channel here My signals and other product you can find   here  Please contact me after purchase.
99 USD
This is the  FXTraderariel Hedgefond Indicator - the best indicator we ever created.  It shows different levels which are also used by institutional traders. The indicators shows potential Take Profit Targets. Depending on the settings and trading style, it can be used for  scalping  or  long-term trading . The indicator can be used on every  time frame , but we advise to use it on  , H4 and D1 . Especially if you are a novice trader.  Pro Traders  can also you use it for scalping in smaller tim
250 USD
Beast Super Signal
Dustin Vlok
4.92 (100)
V4.0 LAUNCH SPECIAL: NOW ONLY $199! Our products are only available for sale here on the MQL5 market or on our official website, if you have seen our products for sale online somewhere else for a cheaper price it is a fake version and you will get scammed. Also if you purchase from somewhere else you will not get any support from us as well. Don't risk it, only buy from official places and don't lose your money. The Beast Super Signal is a simple and easy to use trend based indicator. It wi
199 USD
Sam TrendBlaster
4.58 (19)
*****ARROWS NON REPAINT ***** Trade With Sam Simple Strategy Guide :  https://www.mql5.com/en/blogs/post/740855 MT5 version of the indicator Try Out and see the Difference The Sam's Trend Blaster indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise. It has been designed to trend-trade intraday charts and small timeframes. Its winning ratio is around 85%. This is an arrow indicator that shows precise price reversals. A great ar
98 USD
Weis Wave with Alert
Panagiotis Diamantopoulos
5 (11)
** NEW PLUTUS SIGNALS and ALL IN ONE ** Plutus Long and Short trading signals added (for more infor visit  http://www.tradethevolumewaves.com   Different Wave Types can be sellected. Choose what your cumulative Histogram diplays: Volume, Pips, Progressive Volume Rate, Time or Emphasized Volume Waves ** IF YOU PURCHASE DO NOT FORGET TO CONTACT ME BECAUSE THERE IS MORE. Free, two hour, one to one webinar covering setup , methodology and Q&A on any lifetime purchase. How to trade with it:  htt
499 USD
The  RSI Basket Currency Strenght  brings the RSI indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the RSI Multi Time Frame Currency Strenght take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of  AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD  pairs and with full automation takes in account every RSI value for the selected Time Frame.  After that, the ind
100 USD
Shepherd Harmonic Pattern
Abdullah Alrai
4.48 (42)
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version to try this product on mt4. You can use it to detect Gartley and Nenstar patterns: https://www.mql5.com/en/market/product/30181 You can buy the full MT4 version from: https://www.mql5.com/en/market/product/15212 Notes Indicator has control panel and it will save every (chart & timeframe)
125 USD
Currency Strength Matrix
Raymond Gilmour
4.47 (17)
THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HER
98 USD
SL Session Strength 28 Pair
Chalin Saranga Jayathilake
5 (13)
SL Session Strength 28 Pair flow of this intraday Asian London New York Sessions strength.SL Session Strength 28 indicator best for intraday scalper. market powerful move time you can catch best symbol. because you'll know which currencies are best to trade at that moment. Buy strong currencies and sell weak currencies (Diverging currencies).   Suggested timeframes to trading : M5 - M15 - M30 - You can however just change session strength to check in the settings. Bear in mind that scanning very
125 USD
AlioFx CP
Alexandru Ionut Comanoiu
5 (1)
AlioFx Chart Patterns is an indicator that tries to discover classic chart patterns and to notify you before they are fully formed, so that you can have time to analyze them and take action. There are 23 discoverable patterns: Double Tops, Double Bottoms, Bullish Rectangles, Bearish Rectangles, Triple Tops, Triple Bottoms, Head and Shoulders, Revers Head and Shoulders, Symmetrical Triangles, Ascending Triangles, Descending Triangles, Diamonds, Reverse Diamonds, Bullish Flags, Bearish Flags, Bull
129 USD
Scanner and Dashboard for Cycle Sniper ATR Fibo Channels Indicator As users know indicator draws Fibonacci Channels and arrows according to the user's settings. With CS ATR Fibo Channels Scanner, you will have the ability to watch the market. - Multi Timeframe - Multi Instrument Enter your parameters to watch (as explained in Cycle Sniper ATR Fibo Channels Indicator )  - If you cho0se "Arrows by ATR Levels" , you will receive the potential reversal arrrows. - If you choose "Arrows by M
100 USD
More from author
NOTE: THIS IS A MULTICURRENCY EXPERT ADVISOR AND AS SUCH MAY NOT BE COMPARTIBLE WITH MT4 BACKTESTING. EASIEST WAY TO TEST IT IS BY SIMPLY RUNNING IT IN REAL-TIME ON MT4. Model Lelora is a forex trading system model packaged into an indicator executable on a PC running Metatrader 4. The model exploits the mean-reversion property of stationary processes. Stationarity is determined or confirmed by performing cointegration tests between three forex instruments that form a triangle (i.e have a prod
90 USD
IMPORTANT NOTE: This robot trades two or more symbols at the go and as such it can not be tested with strategy tester in Metatrader 4. The reason being that Metatrader 4 strategy tester cannot synchronize price timing for more than one symbol at the time. To test this robot successfully, one has to run it in real-time on a demo account and monitor it for days. Cointegrated Pairs Trading Robot is an expert advisor executable on any PC running Metatrader 4. A linear regression is applied on two i
90 USD
NOTE: This robot trades three symbols at the go and as such it can not be tested with strategy tester in Metatrader 4. The reason being that Metatrader 4 strategy tester cannot synchronize price timing for more than one symbol at the time. To test this robot successfully, one has to run it in real-time on a demo account and monitor it for days. Triangular Statistical Arbitrage Robot is an expert advisor executable on any PC running Metatrader 4. A linear regression is applied on three instrumen
90 USD
No reviews
Reply to review