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AutoElliottWaveMaker is the first tool for MetaTrader 5, created for semi-automatic analysis of Elliott waves. It has many unique features: Automatic bar binding of waves for all timeframes;The waves can be labelled in 2 ways: drag and drop from the Labels panel and using the mouse click on the bar;Automatic arranging of the labels at all timeframes according to wave levels seniority;Automatic and manual control of the number of wave levels shown on a chart;Wave levels custom labelling styles
This Expert Advisor is version of MetaQuant-ATC10, modified for one currency pair, with the possibility to adjust and optimize all parameters. Of course, can be attached to more/several currency pairs and get a result like in the Automated Trading Championship 2010. The Expert Advisor is based on the "Averaging Grid". If the position is developing at a loss, open new orders in variable step. The aim is to approach the average price of a position to the market price, so the correction will turn
This indicator shows Pin Bar candlestick pattern on the chart. The bearish pin bars have red color, the bullish pin bars have blue color. The indicator shows alert when Pin Bar candlestick pattern is formed. It's recommended to use it at timeframes H1 and higher. The best moment (strong signal) is when Pin Bar is formed close to the support/resistance level.