Pivot Points are a must in many traders' arsenal and are used effectively as zones of possible resistance and support. Most Pivot Point indicators are based on the native timeframes that MT4 offers (ie: Daily, Weekly and Monthly). These work well for many short term trades, although given the volatility of the FX market, traders can easily be whipsawed out of what would be solid, winning positions.
After much research into the concept of Pivot Points, I came across the idea of using Quarterly a
The Grid Reaper EA is a flexible tool for those who use grid strategies. This semi-automated EA offers many user defined options to enhance your grid strategy. This EA is not a "set and forget" style robot...it is up to the trader to decide when to best use this tool and maximize potential profits from prolonged moves. Grid trading is not for everyone, but can be extremely lucrative if managed carefully. Analysis is still required prior to activating the grid, and money management is always a mu
Probabilities and functions thereof are widely used by institutions and professional traders. Although no one can predict market movements with 100% accuracy, traders can find an edge to their trading strategy by weighing the odds that an instrument will move in a given direction by a certain amount within a degree of time.
The Target Probability Indicator uses the volatility over the last "x" bars of a currency pair and probability analysis to determine how likely price will move to the trader
The Sentinel Reaper EA is a capital preservation robot that automates many trader tasks. This EA will effect all orders with the Magic# specified (0 for manual trades). If using the Sentinel Reaper EA to trade from the Order Zone (see below), manual lot sizes may be used, or, the EA can calculate 0.01/$1000 * PositionSizeMultiplier and place the order for you.
The Defensive Management toolset (based on Magic# and Symbol) will automatically set a stop loss based on POINTS and take profit based o