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The indicator shows support and resistance levels as horizontal lines. It shows the highs and lows of former days, weeks and month in every chart. How to work with support and resistance levels show the EA Limit Scalper and the Universal Moving Average Expert Advisor (UniMA EA) . When the tip of the coursor is on a line (mouseover) it shows the real value of the level and which high or low is shown, see explanation below. The indicator must be installed like
Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/1495331 The default settings are for GBPUSD M5 chart. Timing is important! Set
The unique Levels EA trades dozens of profitable strategies in any chart. All strategies are easy to understand, can be edited and changed to trade other strategies, currencies, CFDs or timeframes. A handful of strategies can be downloaded in the Comments section and with some time and patience everybody can program own trading strategies without programming knowledge. With a little analytical mind it should be easy. No martingale, no grid, always just
EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. mt5 version >>
The Trend Magic Alarm shows the direction of a trend and indicates when it changes with a sound, popup window, push or email notice. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend. Levels of former highs + lows give orientation in a chart. Trend Magic Alarm can draw these levels as lines in the chart, see inputs. Input Parameters Counter : number of bars used for calculation PowerSet : shows how near to the bars the trigger dots are placed DotSize : size of the
