Average of Multiple Symbols in a New Custom Symbol

Create a new custom symbol based on average of Multiple arbitrary symbols (for MT5)


An Expert Advisor (EA) used to create custom symbol by averaging multiple input symbols (e.g. EURUSD and GBPUSD)  and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use.

You can attach any MT5 compatible indicator or template to  this new symbol and perform your technical analysis.

You can back-test any EA on this new custom symbol in strategy tester. for example you can back-test your EA on a custom symbol made from average of EURUSD, GBPUSD, AUDUSD, USDCAD.

Very simple to use, just put this EA on a chart and insert the name of symbols as input parameters, the EA will make a new custom symbol for you which will be updated in real-time.

In every specific time, new symbol candle (open, high, low, close) is average of symbol1 and symbol2 candles. i.e. new_open = (open1 + open2)/2,  new_close= (close1+close2)/2 ,...


The settings include:


- symbols_name (separated by comma)(e.g. "EURUSD,GBPUSD,AUDUSD")

- normalize each symbol before averaging or not (true/false)

- number of candles included in the chart.

- normalization of symbols in direct or reverse direction (1: direct, -1:reverse) (e.g. in the following list of symbols "EURUSD,GBPUSD,USDCAD", user may prefer to normalize first two symbols in direct direction and USDCAD in reverse direction, then this parameter would be equal to "1,1,-1")

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Product Overview The Simple Telegram Copy Trader is a FREE unified Expert Advisor that combines both Master and Slave functionality in a single EA with easy mode switching. This simplified version focuses on OPEN TRADES ONLY , making it perfect for basic copy trading setups without the complexity of advanced features. Get professional-grade copy trading with complete lifecycle management: Telegram Signal Broadcaster MT5 (Master)   Telegram Signal Subscriber MT5 (Slave) Key Features Unified Des
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It's a trading dashboard appears on strategy tester, allows you to backtest your own strategies, testing them on multiple symbols and timeframes. It is equipped with useful features such as risk management, trailing stops, breakeven points, and more, enabling you to evaluate and refine your strategies effectively. Trading panels are typically designed to facilitate real-time trading and may not function properly on a strategy tester. However, this particular trading panel is specifically designe
A powerful trend-following tool that uses ATR-based volatility to identify market trends across multiple timeframes . This enhanced version allows you to overlay the SuperTrend of a higher timeframe directly on your current chart, helping you align your trades with the dominant trend. How It Works The indicator calculates dynamic support and resistance levels using Average True Range (ATR) : Upper Band = Source Price + (Multiplier × ATR) Lower Band = Source Price - (Multiplier × ATR) In an uptre
1. Method Overview Random Trader EA is an automated trading system for MetaTrader 5 that initiates trades with a randomly chosen buy or sell direction. Despite the random entry, the EA incorporates robust risk management, dynamic position sizing, and sophisticated exit strategies. This unique approach serves as a valuable tool for research, portfolio diversification, and as a foundational template for developing and evaluating risk management techniques within algorithmic trading. 2. Key Featur
OVERVIEW Transform your MT5 trading account into a professional signal broadcasting station! This Expert Advisor automatically publishes your trading activity to Telegram channels in real-time, enabling seamless copy trading operations.  SYSTEM NOTICE: This EA broadcasts trading signals TO Telegram channels. To receive and execute signals FROM Telegram, you need the companion EA: " Telegram Signal Subscriber MT5 " (sold separately). KEY FEATURES: Real-time trade broadcasting to Telegram Support
OVERVIEW Transform your MT5 trading account into an automated signal execution station! This Expert Advisor automatically receives and executes trading signals from Telegram channels in real-time, enabling seamless copy trading operations from master accounts. SYSTEM NOTICE: This EA receives and executes trading signals FROM Telegram channels. To broadcast signals TO Telegram, you need the companion EA: " Telegram Signal Broadcaster MT5 " (sold separately).  KEY FEATURES: Automated signal recept
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