Needle is an adviser who trades on the breakout of support and resistance levels. Trading is pending orders. To support the position, a trailing stop is used.
Currency pair: EURUSD;
Accuracy : 5 signs;
Timeframe: M5, M15, M30, H1;
Recommended leverage: from 1:100 and above;
Minimum deposit: $ 100;
Before installing on a live account, test with minimal risk;
Brokers with low spreads and low commission.
Settings and Input Parameters
Risk - Risk per trade (as a percentage...
Box Breakout is an Expert Advisor for level trading. When a flat range is broken, the EA places pending limit buy and sell orders.
Currency pair: Any Timeframe: M30,H1 Recommended leverage: 1:10 and higher Minimum deposit: $500 for dollar accounts and $50 (5000 Cent) for cent accounts Before using on a real account, check it in the strategy tester and optimize the parameters for your broker Set the desired risk per trade
Settings and Inputs...
The Complex Fibonacci indicator automatically plots Fibonacci levels on all timeframes. When new extremes appear on the chart, Fibonacci lines are automatically updated in real time.
Period for H1 - specify period for H1; Period for H4 - specify period for H4; Period for D1 - specify period for D1; Period for W1 - specify period for W1; Period for MN - specify period for MN; Lines name - enter the names for the lines here; Lines color -...
The Expert Advisor uses a trading strategy based on Fibonacci levels.
On the levels of ~38.2,~50.0 and ~61.8, it sets virtual pending orders (Buy Limit, Sell Limit).
A grid of virtual pending orders is built in trend direction. Trend is determined using the ZigZag indicator.
Orders are closed at a total virtual take profit or a total virtual stop loss.
The EA makes a decision at the opening of a new candlestick, so optimization can be performed using open prices.
Settings and Input...
The Expert Advisor implements the Fibonacci level trading. Pending orders (Buy Limit, Sell Limit) are placed at levels ~38.2,~50.0 and ~61.8.
The grid of pending orders is built following the trend. Orders are closed by the total take profit or stop loss.
Settings and Inputs
Risk - risk (<0.01 - low, >0.01 - high); Levels for placing pending orders:
Level1 (0 - don't set) - level 1 (~38.2%) 0 - do not place a pending order Level2 (0 - don't set) - level 2...
This is an indicator detecting trend direction. It uses the popular Bill Williams Alligator. It shows market state on all timeframes on one chart.
As is well known, traders gain the main profit on the Forex market trading by trend, and losses usually occur when the market is flat.
So, in order to gain profit a trader should learn to detect trend market and direction of a current trend in a rapid manner. This indicator has been developed for this purpose.
MTF Alligator helps to:...
Breakeven Level indicator shows the breakeven level of your buy and sell orders. Useful if you have several open positions.
Apart from demonstrating breakeven level, the indicator displays additional information concerning your trading instrument in the upper right corner (balance, equity, number of buy orders, sum of buy orders, number of sell positions and sum of sell orders).
Breakeven level for sell orders has red color, buy - blue color.
Color of the text on...