This Expert Advisor analyzes the last candles and determines whether there will be a reversal or a large correction. Also, the readings of some indicators are analyzed (their parameters can be adjusted). Is a free version of Proftrader. Unlike the full version, in the free version of the adviser the initial lot cannot be higher than 0.1, trading pair only EURUSD and also it has fewer configurable parameters.
Lots - lot size (at 0, the lot will be calculated from the percentage
Advisor is an improved and enhanced version of ParabolicSarPro. It has a large number of adjustable parameters.
Lots - lot size;Percentage of free money - percentage of free funds for opening each new transaction (works when Lots = 0);Slippage - slippage (maximum permissible price deviation in points);Magic - a unique identifier (it is necessary to do it differently, if several advisers are running in one terminal);MaxSpread - maximum spread for opening a trade (for account
The Expert Advisor places pending orders at the points of the Parabolic Sar indicator. After installation, it moves the order after the indicator. You can configure to open orders only BuyStop or only SellStop, if necessary. By default, pending orders are placed for both buy and sell. In addition to the Parapolic Sar indicator, this Expert Advisor uses other indicators for a more correct solution for opening a position. For example, it identifies divergences and convergences by different indicat
If you need an adviser who often bargains and opens deals almost every day, you went to the address. Trading every day is intended for frequent trading for a long time. In this case, the adviser opens no more than one transaction in each direction. When there are a lot of deals in optimization, more often it will give more profit in real life than advisers who, during optimization, make fewer deals, but show high profitability.
This Expert Advisor is based on the indicators Williams Percent Ran
The Expert Advisor opens and closes positions using Bollinger Bands signals: it buys on lower bands when price rolls back, and it sells on upper bands. It has the option to close positions by an opposite signal, by take profit and stop loss, move a trade to breakeven upon reaching the central Bollinger band or after a certain price movement. Many good strategies use one or more Bollinger Bands indicators. In this EA, it is possible to use up to 3 such indicators. When using the first and second
This Expert Advisor analyzes the last candles and determines whether there will be a reversal or a large correction. In addition, the readings of the MACD and RSI indicators are analyzed (their parameters can be adjusted). After analyzing the indicators, when their readings confirm a trade, the transaction opens in the right direction and closes on the opposite signal, take profit or stop loss. To reduce losses and increase profits (with good trading), you can adjust the change in lot depending
The Expert Advisor places pending orders at the points of the Parabolic Sar indicator. After installation, it moves the order after the indicator. In addition to the Parapolic Sar indicator, this adviser uses other indicators for a more correct decision to open a position, so you do not need to interfere in its trading. For example, it defines divergence and convergence.
Some parameters are configurable. But since this is a light version of ParabolicSarPro, the number of adjustable parameters i
Volumes - one of the very important indicators of trade, since it is high volumes that move the market in one direction or another.
This adviser trades by volume, analyzing candles. On this depends how strong the trend can begin. To improve the quality of transactions, uses many other indicators (Moving Average, RSI, ATR, ADX) and can determine the amount of take-profit and stop-loss, depending on the strength of the previous move. Recommended timeframes: M5, M15, M30. Before trading, optimize
The Expert Advisor opens deals analyzing the last candle on several timeframes, as well as its volume and readings of many other indicators to ensure an accurate market entry. All indicators are customizable.
Lots - lot size; Slippage - maximum allowable price deviation in points; Magic - unique identifier, use different magic numbers if multiple Expert Advisors run in your terminal; Max take profit - order closing price at a certain profit target; Mininum take profit - minimum pr
The Expert Advisor is based on Bollinger bands, Williams' Percent Range and some other indicators. It features the martingale function increasing a lot after a loss. However, it should be used wisely in order not to seriously damage your deposit in case trading ends in a loss. You can set a small number of losses in a row, at which a lot increases, and (or) a small increase in a lot value. In this case, trading becomes safer, while the number of trades remains large enough. You can disable the m
This Expert Advisor identifies trend reversals based on fractals and some other indicators. It is a free lite version of Three fractals
Brief description of the trading strategy: when the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). Similarly, opposite for growth. In case other indicat
This utility is the improved version of Trailing stop for advisors. It manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. The Pro version features the ability to set trailing stop based on fractals and points of Parabolic SAR.
When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair spec
The Expert Advisor trades during strong market movements determined using Parabolic and uses additional indicators, such as Commodity Channel Index. It is an improved version of Parabolic And CCI. The main improvement is the availability of trailing stop. The EA can also open multiple trades at a time. The total number of trades is configurable (both of Buy and Sell trades). Recommended timeframes: M5, M15, M30. Before starting to trade, you should optimize EA parameters for your account.
This Expert Advisor operates based on fractals and trade volumes, as well as other indicators. It is a more advanced version of Three Fractals, as it is able to analyze the trade volumes and features dynamic placement of take profit and stop loss depending on the current trading activity. The trading strategy remains the same (based on formation of several fractals), but slightly improved, additional parameters have been added.
Lots - lot size (if Lots=0, then the lot wil
This indicator is an improved version of Trend and correction. It finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the nu
This Expert Advisor determines the trend and corrections. It also uses the Bollinger indicators to confirm trades. It can perform trades on three trend corrections (or not use the corrections). It can also display them on the chart (if the information display is enabled). The EA has a lot of options, it can transfer trades to breakeven, set stop loss right after a trade is opened.
Lots - lot size (if Lots=0, then the lot will be calculated based on the percentage of accoun
The indicator finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend. When the trend is strong enough, and the correction becomes equal to the values specified in the parameters, the indicator generates a signal. You can set different correction values, while the best suiting are 38, 50 and 62 (Fibonacci levels). In addition, you can configure the minimum length of trend, the number of history bars for search and other parameters
The Expert Advisor determines a trade signal based on multiple moving average lines. It can use a lot of such lines. When a sufficient number of lines signal a buy, the EA makes a buy deal, and similarly for sell deals. The number of lines and many other settings are customizable. In addition, the EA features an additional signal for confirming opening a deal, which is calculated based on the history of the currency pair and parameters of the last closed bar. If necessary, it can be disabled.
This Expert Advisor is an improved version of the Swing Scalper Reversal. The trading strategy is the same, but the Pro version has the ability to use Martingale.
The Expert Advisor expects retracements after a strong market movement. As soon as a bar of a different color (opposite trend) appears, after a few bars of the same color the EA opens a trade. You can adjust the number of bars, at which a trade can be opened. If a stop loss was hit, and the MartingaleFactor is greater than 0, the lot
This Expert Advisor trades based on trend lines, as well as on the basis of volume analysis. Volumes are calculated using minute bars, in order to determine if they were ascending or descending. The trend lines are drawn based on High and Lows in the trade history. There are also additional indicators. Buy or sell signals depend on all those factors. This allows the EA to enter the market with more accuracy and to perform more deals.
Lots - lot size (if 0, a lot is calcula
The EA identifies candlestick patterns and opens trades as soon as it finds one of the patterns. It recognizes both simple patterns consisting of 1 candle, and complex patterns with 2 to 5 candles. Usually, the candlesticks are traded on daily timeframes, but then the trades become rare. This EA has been tested and adapted for trading the EUR/USD currency pair on 4-hour timeframe. It can also trade on other currency pairs and timeframes, it requires optimization. Indicators are hardly used, only
A trader can not always find whether the last closed bar was bullish or bearish in terms of volume. The indicator analyzes all minute volumes within this bar and can more accurately predict the behavior of large market players. It can work on all currency pairs, it is better to use timeframes from H1 to Daily. The indicator calculates the volume values from the 1-minute timeframe, therefore, it is necessary to have a lot of history data for the M1 timeframe.
The methods for determining buy or s
The Expert Advisor defines trend lines. The EA is able to calculate numerous lines simultaneously and it can trade based on the areas where such lines consolidate, forming a strong support or resistance for the price. Besides, this version of the EA includes customizable Stochastic indicator and other useful additions. Trend lines can are plotted and Stochastic indicator can be checked on two timeframes simultaneously.
The EA has many settings allowing traders to obtain good results on many tim
The indicator converts the signals of Stochastics on multiple timeframes into one histogram of different colors. If the histogram shows red, it means most of the stochastics show sell signals (the currency pair is overbought). If the color is green, then the currency pair is oversold, and you may want to think about buying.
This is a free demo version
It only works on EURUSD! To work with all currency pairs, please purchase the full version of the indicator:
The Expert Advisor checks the readings of Stochastic indicator located on different timeframes. Depending on the signals, the EA defines the strength of the main signal to make a trading decision. Each Stochastic has enough settings for each timeframe allowing you to find good market entry conditions.
Ability to quickly optimize a large number of parameters (when testing not on every tick); Low price; Easy to understand settings; No need for a large deposit; No risky trading met
Improved version of th Trend Lines Trading EA. It is able to determine the trend lines on multiple timeframes at once. This allows for more precise deal entries, this can also increase the number of trades of 1 EA. The lines on the chart are determined based on fractals. The EA is able to calculate numerous lines simultaneously and it can trade based on the areas where such lines consolidate, forming a strong support or resistance for the price. Many of the parameters can be configured. In addit
The product is a free version of Trend lines trading Expert Advisor.
The EA finds the trend lines, a trades when the price greatly rebounds from them (or breaks them). The demo version has a functional limitation - it always uses the minimum lot, equal to 0.01. Also, it has no filters based on the RSI and ADX indicators, which improve trading.
Full version can be found and purchased here: https://www.mql5.com/en/market/product/18455
MaxSpread - the maximum allowable spre
The Expert Advisor is an advnaced version of Signals 3 MACD. The main difference is the auto optimization of basic parameters. Here you do no have to select CCI and Stochastic levels, MA periods and other indicator parameters. The EA optimizes parameters during trading. The number of auto optimization bars is set manually.
The trading system is based on crossing of three signal lines (with different parameters) of the MACD indicator. When all the lines are increasing, a buy order is opened (the
The indicator draws lines the the price highs and lows. Break through the high or low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). A deal should be conducted in the breakthrough direction immediately or after a slight rollback. It is best to trade following the trend on a larger timeframe. This indicator is easy to use, but nevertheless, there are many tra
This trading system is based on the candlestick analysis of multiple currency pairs at the same time. The EA determines the best currency pair among multiple pairs for opening a pair at the close of the candle, and opens a trade in the required direction. It can simultaneously analyze up to 10 currency pairs. It can work 24/4 and it will not miss a strong movement on any of the currency pairs (if it is enabled in the settings). It is possible to adjust the number of orders opened at a time, so t
Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
Automatic Trading System designed for trading on smaller timeframes (М1-М15). It makes a large number of trades, determines when the price fluctuations are perfect for trading, detects divergences using different indicators. Designed for EUR/USD, but can be optimized for other currency pairs. Unlike the simple version of MicroPowers, this EA also implements the Martingale principle (increases the lot if the previous trade was in loss), which can be adjusted so that it is not critical for the dep
After breaking through the high or low of the trading range, the price often comes back about half the distance. This EA determines a good place to enter the market by trend, it opens a trade after a small rollback towards the trend. The number of candles in a trading range can be adjusted, like many other parameters. The trading range for determining the high and low depends on the current volatility of the market. The EA takes that into account, it can also automatically determine the appropri
The EA uses the signals of the Ichimoku indicator from multiple timeframes simultaneously. For a trade entry, from 1 to 5 different timeframes can be adjusted. It is not always necessary for all the indicators to show buy (or sell) to enter the trade. The number of the required signal for the entry can be configured. Also, to improve trading, other indicators are used, as well as the search for divergences. It is recommended to use the EA on the currency pairs with high volatility (for example E
The EA uses the martingale principle - it increases the lot after an unsuccessful trade. But unlike other experts based on this principle, the Easy Martingale increases the lot 4 times at most, so that the drawdown does not become critical for your deposit. With that, after 1 unsuccessful trade the entry conditions are tightened, just as after the 2nd failure. Also, each trade has a fixed stop loss, and it is recommended to set it close. Sometimes, it is better to lose a little 3 times, but then
At certain times, the market has a very strong volatility on all currency pairs. During that time, some currency pairs move stronger, and some weaker. The Trend Hour EA opens a trade on the most trending currency pair at a certain time. It determines the strength of the trend on multiple currency pairs and multiple timeframes using the Alligator indicator and ADX. Usually, the strongest movements happen on the currency pairs with the dollar in the middle of the US session. It is not necessary to
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. This is a demo version that works only on the USD/JPY currency pair. To work on all currency pairs, install the full version:
The trading strategy is based on the intersection of MACD's three signal lines with different parameters. Candlesticks are used for trade confirmation. The system shows better results when combined with the candlestick analysis. The Expert Advisor can analyze candlesticks on any timeframe specified in settings. It is recommended to run the EA on the M5 timeframe or M1 if using accounts with a very low spread.
Trades fully automatically; Does not require a large initial deposit; Do
The demo version of the Colored Candles indicator - calculates the parameters of each candle, as well as its volume. After that, it paints the candles depending on their strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indicator helps to analyze the price movement, as well as market entry points. The more accurate signals are formed on the higher
It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once.
Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn,
The Expert Advisor analyzes volumes before entering a trade. Major market players buy and sell large volumes and thus influence further price movement. Honeybee hunts for volumes just like for honey. When the market rises or falls, and suddenly there are volumes in the opposite direction, the EA opens a trade. You can configure the EA to open trades following the trend of a higher timeframe. If necessary, Stop Loss is moved to breakeven after the price moves a certain number of points. The EA ca
ADX Channel is an indicator that plots the channel depending on the values of the ADX (Average Directional Movement Index) indicator. The resulting channel is a little similar to the Envelopes, but its lines depend on the market volatility. The sell trade is usually executed fast when the price touches and bounces from the upper line of the channel, buy - from the lower. It is recommended to trade when there is no significant news. The recommended timeframes: M5 - H1. The indicator is not design
The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
Advisor is a free simplified version of the ExtendedParabolicSar. It can be used for trading on a real account and bring profit not much worse than the full version, but it has less adjustable parameters and a limit on the maximum initial lot.
Lots - lot size;Percentage of free money - percentage of free funds for opening each new transaction (works when Lots = 0);Slippage - slippage (maximum permissible price deviation in points);Magic - a unique identifier (it is necessar
This is an adviser that often trades and opens trades almost every day (with normal optimization). In this case, the adviser opens no more than one transaction in each direction. When there are a lot of deals in optimization, more often it will give more profit in real life than advisers who, during optimization, make fewer deals, but show high profitability.
This Expert Advisor is a free version of Trading every day and has some limitations:
- currency pair only EURUSD
- lot limit to 0.1
This Expert Advisor trades based on the Bollinger Bands indicator. It performs trades after a price rebound from the borderlines of the indicator. It is simple to use, contains only a few settings, which are easy to understand. This is the simplified version of the Master Bollinger Bands Expert Advisor.
For better trading results, it is recommended to use the full version of the EA: https://www.mql5.com/en/market/product/21788
The free version does not provide the ability to use multiple indic
The Expert Advisor is based on Williams` Percent Range. The EA trades both during low volatility and a trend if MACD is enabled. Two Williams` Percent Range indicators can be used to enter a trade with different parameters, while the third one can be configured to close a trade. Besides, the EA has the trailing stop and stop loss calculation functions depending on the currency pair movement strength.
Lots - lot size (if 0, the lot volume is calculated based on the % of account free ma
This script allows you to test the performance of the processor in the terminal MT4. To test the processor, run the script, then on the window from the graph in the corner will appear "Testing" and the number of tests passed. When all the tests have been passed, the result will appear, in which the average calculation time will be shown. It is desirable to run the test when the computer is not loaded with other tasks, and there are no other advisors or indicators in the terminal - then the test
This adviser trades by volume, analyzing candles. It is a free version of Volume candlex master. Differences from the paid ones are that there are not some functions here: working on 2 timeframes, using Moving average, dynamic stop-loss and take-profit, and also the maximum lot is limited (no more than 0.10). Recommended timeframes: M5, M15, M30. Before trading, optimize the parameters of the advisor for your account.
Lots - lot size;MaxSpread - the maximum spread for the open
This trading adviser is designed for trading during a low volatility, when the majority of the population sleeps or rests. You can set up any trading hours (for example, from 23 pm to 9 am) and the closing hour of all open trades. Can make no more than 2 transactions in one direction, so that it is not critical for the deposit. To open trades uses the lines of the indicator Envelopes.
When testing and trading on the standard settings, be sure to optimize the trading time and transaction closing
This Expert Advisor does not have sophisticated settings and algorithms for performing trade operations. Its optimizations does take a lot of time, which will be useful for those who started trading with experts only recently. Its operation is based on a moving average. Despite its simplicity, it has a customizable trailing stop feature (with a selection of different options), which can be used for trading with a small part of the deposit risked.
Lots - lot size (if 0, the
The Expert Advisor trades based on Bollinger bands and Williams` Percent Range. It also uses other indicators. It can perform a lot of trades, so you don't need to wait for new positions (with appropriate settings and with the H1 timeframe). The EA has the trailing stop and stop loss calculation functions depending on the currency pair movement strength.
The EA can be used on any currency pairs and timeframes from M5 to D1. Do not forget to optimize parameters.
Lots - lot s
This Expert Advisor is the free version of "Bollinger with WPR scalper", which is based on the Bollinger bands and Williams' Percent Range indicators. Limitations of the free version: lot is fixed to 0.01, only the EURUSD currency pair is supported, trading time cannot be selected, trailing stop is not available. Nevertheless, it can make quite a lot of deals, so you do not have to wait for positions to be opened (with the appropriate settings and timeframes below H1).
The EA can be used on tim
The Expert Advisor is based on Bollinger bands and trend lines. When the price touches the lower line of the Bollinger bands and goes back or rolls back from one or several trend lines, a buy is performed. The same is true for selling. The EA can also use two Bollinger bands indicators, so that a trade is performed between the lines of the two indicators with different deviations. The EA features many other settings. For example, a trade can be moved to a breakeven only when touching the central
The utility manages other EAs' orders as well as the ones opened manually. It is capable of trailing the price (trailing stop function), set a stop loss and take profit if they have not been set before. When configuring the utility for an EA having no trailing stop function, place it to the new window with the same currency pair specifying the same Magic value (as for the EA orders the stop loss is to be applied to). You can set any timeframe. It does not affect the utility operation. Set Magic
This Expert Advisor identifies trend reversals based on fractals and some other indicators. If the fractals were formed after a prolonged fall, and the last fractal did not update the minimum of the previous bar's lower fractal, then a trend reversal is determined (at the same time, there must be a fractal in the middle, which is higher than the others). In case other indicators allow trading, a trade is performed (their settings can be customized for optimization).
The Expert Advisor has been designed for trading during the low volatility period when most traders are inactive. It analyzes the market using a number of indicators: Standard Deviation, ADX and Stochastic. The robot sets a stop loss to a breakeven and closes trades in case of a reverse indicator signal. Many parameters are customizable. You can also set up trading hours (for example, from 22 pm to 8 am).
Lots - lot size (if 0, the lot volume is calculated based on the % of account fr
This EA implements the EMA 8/18 strategy, which is used by many traders. Brief description of the strategy:
The Buy is determined when the EMA 8 indicator crosses the EMA 18 from below, with the price moving more than 50 points from the crossing. The buy position is opened when the price touches the EMA for the first time, after that, as the price rises, the trade is maintained by a trailing stop with a step of 30-35 points. The opposite is for opening a sell position.
The parameters of the fa
The Expert Advisor finds strong trend movements of a currency pair over the specified number of bars. It also finds correction to this trend (for the same period). When the trend is strong enough, and the correction becomes equal to the values specified in the EA parameters, the Expert Advisor opens the a trade in the trend direction. The advantage of this is that the EA will not buy at the trend maximum or sell at its minimum - trhe EA only trades after correction. However, you can set differen
The indicator is a demo version Rise or fall volume. This works the same, but can only be used on EURUSD.
A trader can not always find whether the last closed bar was bullish or bearish in terms of volume. The indicator analyzes all minute volumes within this bar and can more accurately predict the behavior of large market players. Recommended timeframes are from H1 to daily. The indicator calculates the volume values from the 1-minute timeframe, therefore, it is necessary to have
The Expert Advisor expects retracements after a strong market movement. As soon as a bar of a different color (opposite trend) appears, after a few bars of the same color the EA opens a trade. You can adjust the number of bars, at which a trade can be opened. It is also possible to customize many other parameters. Usually, the more bars had passed, the stronger the retracement will be. But not always, therefore, the EA features many parameters for limiting losses in addition to the usual stop lo
The Expert Advisor is based on Stochastic and bars history analysis. As a result, trades are performed when a currency pair is in overbought or oversold state, as well as when a pattern appears similar to the one followed by the price rise or fall. Besides, the EA features ADX indicator to avoid trading during extremely low or high volatility periods. It is also possible to set trading start and end time.
Lots - lot size (if 0, a lot is calculated based on the percentage of account fr
The market is constantly changing, and many Expert Advisors find it hard to adapt to the changes. The Dedal Expert Advisor can determine the optimal trading parameters on its own. It analyzes history and calculates what candlesticks, levels and indicator values provide better opportunities for opening a position. This allows the EA to longer maintain profits. However, not all parameters are optimized automatically. You should set the deviation of the indicator from its best value. Usually the la
The strategy of the Expert Advisor is based on a comparison of volumes over a certain trading time in the past. It determines the direction in which there were larger trading volumes. For example, on a 4-hour time frame: if the last bar had more Buy volumes, the EA buys after the close of a 4-hour bar. The main feature is that the EA determines the volumes within this four hour bar using 1-minute and 5-minute bars. Therefore you should run the EA on higher timeframes: D1, H4, H1. However, the nu
The Expert Advisor looks for the bars followed by price rises or falls. It analyzes how often rises and falls occur after similar bars and makes trades based on that analysis. The market changes frequently but the EA is able to adapt to the changes performing analysis right during trading.
Lots - lot size (if 0, a lot is calculated based on the percentage of account free margin); Percentage of free money - the percentage of free margin to open each new trade (applicable
The indicator converts signals of Stochastics from multiple timeframes into one colored histogram. If the histogram shows red, it means that most of the stochastics show sell signals (i.e. the currency pair is overbought). If the color is green, the currency pair is oversold, and you may want to think about buying. It is recommended to trade when the histogram lines are longer than normal and show the desired color (there are a lot of buy or sell signals). The indicator collects signals of stoch
The indicator determines and plots price channels or lines, reading information from multiple timeframes (from current, second and third) simultaneously. Color and width of lines for each timeframe can be customized. It is also possible to set different distance between the Highs and Lows for plotting channels or lines.
History - maximum number of bars to plot channels or lines; Distance - minimum distance from one High (or Low) to another when plotting lines; Shift - shif
The Expert Advisor finds the trend lines on the chart based on fractals. Later, it uses the found lines to open deals once the price bounces from the lines. The EA is able to calculate numerous lines simultaneously and it can trade based on the areas where such lines consolidate, forming a strong support or resistance for the price. Many of the parameters can be configured. In addition, it uses some of the standard indicators (RSI and ADX) to provide a higher quality of market entries.
The indicator draws lines based on the price Highs and Lows, as well as slant trend lines. Break through the trend line, High or Low usually indicates trend change (or continuation). Once the price moves through a line, and the candlestick closes, the indicator draws an appropriate arrow (also, you can enable alerts). This indicator is easy to use, but nevertheless, there are many trading strategies, which are based on a breakthrough of the trend lines. The number of candlesticks used to determi
This is a 2-in-1 product combining an EA and a line crossing indicator. It displays two trend lines, finds their crossing point and shows it as a blue square. If the price moves up or down from this crossing returning afterwards, the EA opens a deal from the crossing zone. The product can also be used as an indicator if deal opening is disabled. The trading system is easy to use and needs no other indicators.
Lots - lot size (if 0, a lot is calculated based on the percentage of accou
The indicator draws price channels. It can be customized so that only buy or sell channels are displayed. Also, trend lines can be displayed instead of channels. This indicator is easy to use, but nevertheless, there are many trading strategies based on channel trading.
History - maximum number of bars to build channels; Distance - minimum distance from one High (or Low) to another when constructing a channel; Shift - shift for several bars back where a channel breakthrough is p
Market makers can often deceive traders by reversing the market when it is most unprofitable for others. For example, many traders start buying only to see that the price goes down dramatically afterwards. Some still hold their buy positions thinking that this is only a correction but the price continues its downward movement. The EA is capable of detecting such periods. It analyzes the last two candles and determines whether there are actions that look similar to the market-maker's ones - the p
Volume Levels is a very important indicator for exchange trading. Most of the trades were performed on those levels. This indicator displays the price level that had the most trade volumes over a certain period of time. Often, the price bounces from those levels in the future, and it can be successfully used in trading. It works on any currency pair.
HistoryBars - the number of bars to determine the near volume levels; Range - the maximum distance above and below the current pric
The EA trades based on the levels that have the greatest volume of performed trades. These levels are often the support and resistance for the price. The EA does not simply buy based on the level, but determines how the price bounces off it and with what volume. The sufficient number of parameters allow to configure this EA for virtually any currency pair. The timeframes can also be different, fromM1 (if the account spread is small enough) to H4, but the optimal settings will be very different f
The EA is designed for trading on short-term timeframes during slack price fluctuations. At the same time, it can determine when the price fluctuations are suitable for trading. It detects the divergences using a variety of indicators, it can determine the direction of the price movements on the minute timeframes. Use accounts with low spread when trading on the М1 timeframe. Designed for EUR/USD, but can be optimized for other currency pairs. It can accept indicator signals from multiple timefr
The trading system is based on crossing 3 signal lines (with different parameters) of the MACD indicator. When all the lines are increasing, a buy order is opened (the opposite - sell order). The CCI indicator is required to avoid buying at the highest price but to but when the price decreases a bit, but there is still an uptrend. Also, the Stochastic and ATR serve as additional filters.
The EA s easy to set up, but at the same time it shows good results on the short-term 5-minute timeframe. It
The Expert Advisor places pending orders by the points of the Parabolic Sar. The placement of orders depends on whether there is a divergence or a convergence on the Awesome Oscillator and RSI indicators, and also on the values of other indicators: MA, Stochastic, ATR. It can be configured to open only the BuyStop or only the SellStop orders, if necessary. By default, both buy and sell pending orders are placed. It is possible to set the time, when order placement is allowed. The Stop Loss and T
The levels, where a large volume of trades has been formed, are very important in the technical analysis. It is also important to know the direction of the trend and its change. When a High is broken the trend is considered an uptrend, when a Low is broken - a downtrend. This provides a foundation for a good trading system. But now you don't have to do anything, such system has already been developed - the Trend Stream.
The EA automatically detects the trend direction and makes trades based on
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe.
Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading.
The Expert Advisor enters the market at the breakout of a trading range high or low. In technical analysis, high or low breakout usually means the beginning of a new trend (or continuation of a previous one) and the good moment to enter the market in appropriate direction. The EA buys if the high of a trading range was broken and a candle closed above it. Selling is performed in the opposite case. The number of candles in a trading range can be configured. It also depends on the market volatilit
This is a simple and free Expert Advisor that trades candlesticks. It compares several nearest bars and their volumes, and opens a trade based on that data. Unlike the professional version, it analyzes only 1 timeframe.
The recommended timeframes for this EA are H1, H4, D1, it works with any currency pairs. The parameters always need to be optimized before trading, as well as after some period of trading.
Lots - lot size (if Lots=0, then the lot will be calculated based on
Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want.
Volumes are one of the most important factors of trading, as it is the high volumes that move the market in either direction. But there are very few standard indicators for volumes in MetaTrader 4. The Volume Candles analyses the volumes of the trades and displays candles depending on these volumes. The candle appears once the required number of volumes has passed during trading (the VolumeCandle parameter). If the candles close frequently and are thin, then the volumes on the market are current
The Expert Advisor opens trades only after the weekly candlestick closes. It determines how much the price moved in a week and opens a trade on Monday if the market opens in the opposite direction. It uses the "Va-bank" (All-in) strategy, which supposes that there will be a rollback on Monday after a strong weekly movement. At the weekends you can set the EA on the currency pair that moved the most points during the week, and optimize the EA specifically for this currency pair. The EA opens a tr