This script shows information about the approximate speed of market orders execution.
1. Click File\Open Data Folder
2. Open the Logs folder
3. Copy log files to MQL4\Files
4. Run the Execution Time script, for example on the EURUSD chart
5. Choose one of the following options:
AllOrders - check the execution time of all market orders for EURUSD OpenOrders - the script will analyze the execution speed of market orders that opened EURUSD positions...
This script will show you information about the execution speed of market orders.
1. Press "File/Open Data Folder"
2. Open the "Logs" folder.
3. Copy the log-files to "MQL5\Files"
4. Run the CheckExec script on EURUSD chart, for example
5. Select parameters:
AllOrders - check execution time of all market orders for EURUSD, OpenOrders - check execution time of market orders which where used to open positions on EURUSD, CloseOrders - check execution time...
The liquidity of Forex market is concentrated on the main pairs EURUSD, GBPUSD, USDJPY, EURJPY and XAUUSD. On these instruments, ZZTop expert has stable and good results, which you can find on the Comments tab. Also, the Signal is available for trades copying.
EA trades breaks of price levels; only one option affects the point of entry, which allows you to minimize the possibility of curve fitting; stop loss and take profit are automatically adapted to...
Trading strategies are divided into two main types: a mean reversion and momentum. At high liquidity instruments it is preferred to trade momentum strategy. For example, the liquidity of Forex market mainly focuses at EURUSD, GBPUSD, USDJPY, EURJPY and XAUUSD. Tests of these instruments with the Expert show stable and good results, that you can see in Comments.
only one option affects the point of entry, that minimizes re-optimization; Stop Loss and Take...
The indicator shows ASK price level as a short dash line on a chart allowing you not to enable an additional ASK horizontal line.
You can set the line color and width in the indicator settings.
Press F8, go to Common tab and disable "Chart on foreground" option for the correct indicator display.
The indicator shows the server time and the value of the ATR indicator. It is possible to change the location and color of the text, as well as the settings of the ATR indicator.
Trading volume and volatility vary depending on the time of day. Timing plays a very important role in trading.
Probably, you will be able to trade more effectively if you know that volatility is high enough.
For example, the trading robot "EA USDJPY" uses the time and volatility to determine entry points...
Price Channel Filter (PCF) indicator readings are interpreted as follows:
Flat if PCF = 0; Uptrend if PCF = 1; Downtrend if PCF = -1. In the properties of the indicator, it is possible to adjust the calculation period. In addition, you can add levels and change the color of the indicator line.
You can use several PCF indicators with different periods for finding trends and corrections.
The indicator calculates the efficiency of the price movement. It is displayed as a histogram in a separate window.
Applied equation: PriceChannelWidth / (ATR * period) * 100
PriceChannelWidth - the difference between the highest and lowest price for the Period;
ATR - Average True Range for the Period;
Period - the period of calculation.
Calculation period can be set in the indicator properties. Besides, you can add levels and change the histogram color.
This is a simple and reliable Expert Advisor for trading USDJPY. Before launching the EA, make sure that your broker's Stop Levels are less than five average spreads.
Round the clock Internet connection is required for the EA operation. Virtual hosting or VPS server is recommended.
There are no special settings. Simply launch the EA on USDJPY H1.
The EA implements trend-following system. It performs 50 trades per year on the average (only buy ones).
This trading system should be...
The indicator shows the bars with the smallest range between High and Low. To correctly display the indicator on the chart, press F8, go to the "General" tab, turn off the check "Chart on foreground".
In the properties of the indicator is possible to adjust the period to search for the minimum values between High and Low. Also you can change the color and line thickness.
The indicator shows the bars with the largest range of between High and Low. To correctly display the indicator on the chart, press F8, go to the "General" tab, turn off the check "Chart on foreground".
In the properties of the indicator it is possible to adjust the period for finding the maximum value between High and Low. Also you can change the color and line thickness.
The indicator shows the bars with the greatest range between the Open and Close. To correctly display the indicator on the chart, press F8, go to the "General" tab, turn off the checkbox "Chart on foreground".
In the properties of the indicator it is possible to adjust the period for finding the maximum value between the Open and Close. Also you can change the color and line thickness.
Multi-indicator XRSI combines RSI and AC in one box. It is possible to separately adjust the periods for each indicator, include sound alerts. AC indicator is drawn with colored dots, to confirm the main signal indicator RSI (0 level crossing and divergence).
Examples are shown in the pictures:
RSI crosses the 0 level, but the AC color did not confirm the change of trend. The divergence on the RSI confirmed by the change of AC color.