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PZ Pyramid EA MT4

30 USD

Demo downloaded: 36

Published: 22 November 2021

Current version: 3.0

PZ Pyramid EA MT4

Utilities
PZ TRADING SLU
Version: 3.0
Activations: 20

Pyramiding is a method of increasing a position size by using unrealized profits from successful trades as margin for new ones. This Expert Advisor will pyramid your trades without your intervention. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

Pyramid your successful trades easily
Make the most out of your winning trades
Fully configurable pyramiding behavior
Pyramiding is timeframe independent
Works for ECN/Non-ECN brokers and 2-3-4-5 digits
Takes random trades in backtest
Supports bidirectional trading

Usage is fairly simple:

Load the EA to the chart
Select amount of trades, spacing and pyramiding behavior
Enter stop loss and take profit in inputs (as % of balance)
Take the initial trade manually
Let the EA take care of the rest

Inputs

When loading the Expert Advisor to any chart, you will be presented with a set of options as input parameters, grouped in blocks.

Pyramiding Behavior
This parameter instructs the EA what to do with the lot size of the pyramided trades: lot size can be the same as the original trade, decreased by half with each additional trade or doubled with each additional trade.
Pyramiding Action
Use this parameter to close deals when you see fit.
Amount of trades
This parameter controls how many trades can the EA pile up.
Initial Lot size
The lot size of the first trade. The EA only trades in the tester, randomly. In live trading, you have to take the first trade randomly.
Stop loss and Take profit
The stop loss and take profit are expressed as percentage of the current balance in EA inputs. The EA will close all trades of any given deal when one of these levels are hit, whichever happens first. The EA does not compute profits or losses caused in other pairs.
Other Settings
You can select colors and sizes for the text and lines, magic number for the trades and custom comment for orders.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

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Unlock key market insights with automated support and resistance lines Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boos

99 USD

This simple visual expert advisor allows you to trade easily from the chart. It handles risk management for you and can perform several useful tasks with your existing trades, saving time and making risk-management for each individual trade easier. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade easily from the chart Trade with precise risk management, hassle free Trade pending order with drag and drop price selection Set SL and TP levels with drag and drop pr

FREE

This expert advisor implements the original Dennis and Eckhardt trading system, commonly known as The Turtle Trader. It trades exactly like the original turtles did, and can be used by experienced traders to capture trends in up or down markets. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and supervise Fully configurable strategy settings Fully configurable trading settings Works for ECN/Non-ECN brokers and 2-3-4-5 digit symbols Works for CFDs and for

FREE

Transform your trading approach with reliable bullish and bearish patterns This indicator evaluates volatility and price directionality simultaneously, which finds the following events. Decisive and sudden price movements Large hammers/shooting stars patterns Strong breakouts backed by most market participants Indecisive but volatile market situations It is an extremely easy to use indicator... The blue histogram represents the bullish impulse The red histogram represents the bearish impulse The

FREE

The Turtle Trading Indicator implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. This trend following system relies on breakouts of historical highs and lows to take and close trades: it is the complete opposite to the "buy low and sell high" approach. The main rule is "Trade an N-day breakout and take profits when an M-day high or low is breached (N must me above M)". [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Pr

FREE

Leverage triple top and bottom patterns for better market timing The triple top and bottom pattern is a type of chart pattern used in to predict the reversal of trend. The pattern occurs when the price creates three peaks at nearly the same price level. The bounce off the resistance near the third peak is a clear indication that buying interest is becoming exhausted, which indicates that a reversal is about to occur. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

75 USD

Master the market: harness the power of statistical arbitrage This indicator showcases the price action of multiple instruments on a single chart, enabling you to compare the fluctuations of different assets and seamlessly implement statistical arbitrage strategies. Its main usage is to find correlated symbols which are temporarily out of whack. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Find overbought or oversold currency pairs easily Plot up to six currency

FREE

Enhance your price action strategy: inside bar breakouts at your fingertips This indicator detects inside bars of several ranges, making it very easy for price action traders to spot and act on inside bar breakouts. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to use and understand Customizable color selections The indicator implements visual/mail/push/sound alerts The indicator does not repaint or backpaint An inside bar is a bar or series of bars which is/a

FREE

This indicator displays pivot points in the chart, including historical vales, and supports many calculation modes for Pivot Points and S/R levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It plots historical levels for backtesting purposes It allows you to select the reference timeframe It implements different Pivot Point calculation modes It implements different SR calculation modes It implements customizable colors and sizes Calculation Modes The indicato

FREE

This indicator analyzes how efficient is the current market movement based on the true high-low ratio of a certain number of bars. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] The ratio is the effectiveness of the market movement A ratio below 1 means the market is going nowhere A ratio above 1 means the market is starting to show directionality A ratio above 2 means the market is showing effective movement A ratio above 3 means the market moved too much: it will

75 USD

Stay ahead of the market: predict buying and selling pressure with ease This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies

75 USD

The Stretch is a Toby Crabel price pattern which represents the minimum average price movement/deviation from the open price during a period of time, and is used to calculate two breakout levels for every single trading day. It is calculated by taking the 10 period SMA of the absolute difference between the open and either the high or low, whichever difference is smaller. This value is used to calculate breakout thresholds for the current trading session, which are displayed in the indicator as

FREE

Tired of plotting trendlines? The PZ TrendLines indicator applies a mechanical approach to the construction of trend lines for you! [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It can draw up to 18 trendlines Trendlines can be optionally based on fractals Each line represents a breakout level Each trendline can be broken or rejected Configurable amount of lines Configurable colors Author Arturo López Pérez, private investor and speculator, software engineer and

FREE

Identify trending and flat markets effortlessly This indicator calculates how much has a symbol moved in relative terms to find trending or flat markets. It displays what percentage of the latest price range is directional. It can be used to avoid trading in flat markets, or to find flat markets to execute range-bound trading strategies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] A value of zero means the market is absolutely flat A value of 100 means the marke

FREE

This indicator finds Three Drives patterns. The Three Drives pattern is a 6-point reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension. It signals that the market is exhausted and a reversal can happen. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable colors and sizes Customizable breakout periods Customizable 1-2-3 and 0-A-B ratios It implements visual/s

FREE

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