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Diamond Pattern MT5

The diamond top and bottom are reversal patterns. It represents a rally to a new high with a drop to a support level followed by a rally to make a new high and a quick decline, breaking the support level to make a higher low. The bounce from the higher low is then followed by a rally, but making a lower high instead. Once this behavior is identified, prices then break the trend line connecting the first and second lows and start to decline further.

You can find MT4 version hier

Indicator shows you target level and stop loss level. Stoploss level can be adjusted depending on your risk tolerance.


The following alert types are available:

- Popup alert,

- Email ( Settings in metatrader 4 stations necessary: instruction ),

- Notification to mql5 app ( Settings in mql5.com profile necessary: instruction  ),

- sound,

- Comment at screen,

- log at expert tab


INPUT PARAMETERS

*** Pattern setup

Min Points - Min points between resistance / Support prices

Trend Move Min Bars - min trending bars before checking pattern

Trend Move Max Bars - max trending bars before checking pattern

Enable reversal signal - Enable reversal signal

Enable continuation signal - Enable continuation signal

*** Trade setup

Stoploss Offset Points - Stoploss offsett of from pattern high/low point

*** Visualisation

Panel Offset - Panel vertical position offset from above

Alert Type - choose alert type



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This is no martingale, grid, hedge or other averaging strategy. This expert is a classic break-out-strategy with special filter. It monitors market movements and set pending trades. If not activated in a certain time frame, new levels are set. On activation the experts trails the trade very closely. Every trade is protected by stop-loss. Best trading times are while London and USA is open. We suggest – and have tested it with – EURUSD and GBPUSD We also suggest a VPS with very fast ping times an
This tool monitors your current Expert Advisors and manages stop losses and take profits. You can customize which EAs and/or which currencies to monitor. It is primarily meant for EAs that you feel manage stop losses and/or take profits poorly. If you want this tool to be able to monitor manual trades, please use '0' (zero) as the magic number. Supports hidden stoploss and take profit Supports ATR-calculated dynamic stoploss Supports Breakeven for individual trades Supports Trailing stop Lower r
Retro Trader
Ugur Oezcan
3.9 (10)
This expert trades on price action. It does not use signals from indicators but creates a statistics-based custom channel for entry and exit of trades. Due to independence of indicators, the expert can be optimized for several currency pairs and trading times. Each trade position is protected by stop-loss, both hidden and visible. No martingale, hedging or grid. The expert uses 3 different strategies within the same channel for entry and exit. Each opens only 1 trade at a time. Please find a sig
Turbo pivot levels
Ugur Oezcan
4.5 (2)
This Expert Advisor is based on pivot points. Users can choose entry level and direct themselves. Expert use martingale strategy to recover unsuccessful trades. When going into drawdown it starts its slipping mode in which it always tries to keep the whole set of trades on a steady course level. In hedging mode, all take profits will be deleted and the basket will try to close at breakeven price. EA can also be used as normal with Stop loss. Please test before using with Stop loss. The EA can tr
This indicator shows the trend based on two configurable moving averages. A custom calculation shows market volatility in the lower frame. Higher bars mean higher volatility. The chart also shows suggestions for buy, sell or close with the help of arrows. It is possible to set minimum volatility for entry points and to set time filtered alerts. This indicator is useful to judge trends or market volatility, for example to catch good periods for scalping. Parameters Volatility Period - volatilit
This EA trades mainly in the London and New York Sessions of the market. Forex Agent A is a day scalper with a bigger stop loss and a smaller take profit. Trades are opened at the first tick of the bar. In case of extended drawdown, take profits are adjusted to exit the market sooner and if at all possibly profitable. The built-in news filter prevents the opening of new trades when important news is upcoming. Entry points are determined exclusively by various indicators. Trade exits determined e
What is Double Top and Bottom Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns. You can find MT5 version hier Indicator shows you 2 Level target and stop loss level. Stoploss leve
!!! New faeture sending Signals as VIP SMS with ASPSMS.COM !!! New faeture sending Signals as VIP EMAILS MT4 Telegram Signal is tool, which sends selected trades via magicno to telegram channel , sms and email to user. Tool sends trades when open and close with chart to telegram chanel. It also sends every modification from trades to telegram. Tool can send multiple charts and magicno and pairs from a single chart. For this you have to fill in on the chart corresponding magic number to be sent
NightTrader
Ugur Oezcan
5 (1)
No grid! No martingale! No manual configuration or adjustment needed! Every trade is protected by stop loss. You can find metatrader4 version here: https://www.mql5.com/de/market/product/18571# This Expert Advisor only trades for a short time frame at night, during the ending of the New York session. It uses low volatility moments in EURUSD and enters trades based on indicators. It then manages those trades with dynamic stop losses and take profits also based on indicators. A safety mode further
What is Double Top and Bottom Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns. you can fin MT4 version hier Indicator shows you 2 Level target and stop loss level. Stoploss level
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