Ejike Currency Basket

Ejike Currency Basket compiles and analyses foreign exchange currency strength and volatility dynamics for the 8 major currencies. Its data are formulated from market prices and volatility. ECB visually cross-references its own reports to generate high probability trade pairs, the build-up to which is interactive that the trader can easily assume the role of Analyst. Its 28-pair real time monitoring involves a constant comparison of its current to past data. On adjusting a parameter, it will change from a dashboard to an indicator used for trade entry and trade monitoring.

The advantages:

  • focus in trading
  • precision data presented in numerals
  • simplified real time data analyses
  • interactive application interface and
  • capacity to recall historic data without recourse to the Strategy Tester.

The use of this tool brings relaxed approach to FX trading, improves trader’s confidence, focus and the precision of his/her trading decisions. Past data analyses are made possible by the use of the Strategy Tester to regenerate past snapshots of reports or by simply adjusting ECBindex parameter.

How it works:

  • The robot computes, synchronizes and cross references the X, Y, Z, LS, SR, and RR sections reports and then publishes to the filters, LSSRX and "F", a summary of Strength, Weakness and Opportunity for Trade ("SWOT") in relevant currency pairs. Its suggestions are reliable.
  • The Trader observes, confirms and uses ECBmini indicator to enter and monitor trades. This is easy in practice.

Indicator parameters

The first four parameters in the list of parameters are:

  • ECBindex - the candle or bar index that determines the position from which the strength computation and analyses are performed.
  • ECB Mode: Dashboard - the mode of operation of the application, when the value is set to true the application is in the ECB dashboard mode but when set to false the application goes into the ECBmini indicator mode. The dashboard is use for analyses while the indicator is used for trade management. It is recommended that ECBmini indicator is used on time frames M15 and M30 if Strength Computation Timeframe parameter is set to D1.
  • Strength Computation Timeframe - The time frame for strength computation and analyses.
  • Enable Automatic Refresh - The value of true means that data are updated automatically.

Apart from those displayed externally, crucial parameters have been optimized and configured to work internally and thus do not require further configuration by way of external inputs. For access to most of ECB information the trader may click on buttons on the application interface. When the trader arrives at the decision to take a trade, the second parameter in the list of parameters, "ECB Mode: Dashboard", is to be set to false to switch to the ECBmini indicator that is included to help the trader to NOT jump into trades but to anticipate “sweet spots” or points of entry. Trading this way ensures we can apply the method repeatedly. The trader is to “Enable Auto Refresh” by setting the very parameter to true otherwise he/she has to hit “F” or “LSSRX” button to refresh data manually.

New and Experienced Traders

For the new/inexperienced or the trader who does not wish to task his/her mind further when trading, this tool was designed to be used at any level of experience. Therefore, selecting the pairs displayed in LSSRX or "F" for trading and following the simple entry rule may be sufficient. But, while an experienced trader already knows the power of a well formulated system of currency groups, a new trader has the potential to learn. That said a trader should combine the reports of "Y" and "Z" to reinforce those of "F" and LSSRX. He/she will find this an easy task, for the objective of ECB is to keep FX trading simple as well as profitable. "Y" report shows "resilience" in currency pairs while "Z" report shows alignment of absolute strengths (i.e the numbers in brackets) ordered left to right as "L", "S" and "R". The trader may use ECB as described in product description screenshots. These are useful because the examples therein were observed live on April 3, 2017, from 15:04 Alpari Standard3 Server Time to 18:41 same day and by extension from 18:41 to 04:15 next trading day. Do well to visit developer's blog on mql5.com for more and more examples. Happy trading.

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Indicatori
Scalping Lines System  - è un sistema di trading scalping specificamente progettato per il trading dell'oro, l'asset XAUUSD, su timeframe M1-H1. Combina indicatori per l'analisi di trend, volatilità e ipercomprato/ipervenduto, riuniti in un unico oscillatore per l'identificazione di segnali a breve termine. I principali parametri interni per le linee di segnale sono preconfigurati. Alcuni parametri possono essere modificati manualmente: "Durata dell'onda di tendenza", che regola la durata di un
Forex Gump Laser
Andrey Kozak
Indicatori
Friends, we present to your attention our new Forex Gump Laser indicator. Since there are no designers in our team, but mainly mathematicians, financiers, programmers and traders, we did not make any special changes in the indicator design. In appearance, it resembles the usual Forex Gump. On the other hand, Forex Gump has become not just the name of an indicator, it is a brand. And we try to preserve the corporate identity in all its varieties. The whole essence of the indicator in its operatio
Scalper Inside PRO
Alexey Minkov
4.68 (69)
Indicatori
Scalper Inside PRO Scalper Inside PRO is an intraday trend and scalping indicator that uses exclusive built-in algorithms to evaluate market direction and key target levels. The indicator automatically calculates entry and exit points and several profit target levels, and it shows detailed performance statistics, so you can see how different instruments and strategies behaved on historical data. This helps you select instruments that fit current market conditions. You can also connect your own a
System Trend Pro
Aleksandr Makarov
5 (2)
Indicatori
System Trend Pro - This is the best trend trading indicator!!! The indicator no repaint!!!  The indicator has   MTF   mode, which adds confidence to trading on the trend (   no repaint   ). How to trade? Everything is very simple, we wait for the first signal (big arrow), then wait for the second signal (small arrow) and enter the market in the direction of the arrow. (See screens 1 and 2.) Exit on the opposite signal or take 20-30 pips, close half of it, and keep the rest until the opposite
Pytrader mt4 Python
Offpista LTD
5 (3)
Indicatori
Documentation for connecting Metatrader 4 with Python with a simple drag and drop EA.   A full end-to-end solution ,fully tested ,fast and efficient! The Pytrader ecosystem consists of a python script and a MT4 EA. (  MT5  version ) Further for the licensing an indicator is used.  The communication between the python script and the EA is based on sockets. EA is the  Server   and the python script the  Client .  It is always query(function / python script) and output(data / server). The EA doe
Gold Signal Pro XAUUSD with Auto TP SL
Genki Andou
5 (2)
Indicatori
KURAMA GOLD SIGNAL PRO (MT4) — Filtro a 7 livelli · TP/SL automatico · Punteggio di qualità · Salvataggio dello storico dei segnali | Sistema di trading completo per XAUUSD Nessun ridisegno (repaint) in tempo reale. Nell'istante in cui appare un segnale, freccia, ingresso, TP e SL vengono bloccati sul posto e non si spostano mai più. Ciò che fai tradare è proprio questo segnale in tempo reale. E nella v7.20, ogni segnale realmente inviato viene salvato automaticamente e ripristinato con esattez
Day Trader Master
Oleg Rodin
5 (15)
Indicatori
Day Trader Master è un sistema di trading completo per i day trader. Le systeme se compose de due indicatori. Un indicar est un signal fléché pour acheter et vendre. C'est l'indicateur de fleche que vous obtenez. Je vous fournirai le deuxième indicaur gratuitement. Le deuxième indicaur è un indicaur de tendance spécialement conçu pour être utilisé conjointement avec ces flèches. GLI INDICATORI NON SI RIPETONO E NON RITARDANO! Usare questo sistema è molto semplice. Devi solo seguire i segnali del
BTMM State Engine Pro MT4
Garry James Goodchild
Indicatori
BTMM State Engine Pro is a MetaTrader 4 indicator for traders who use the Beat The Market Maker approach: Asian session context, kill zone timing, level progression, peak formation detection, and a multi-pair scanner from a single chart. It combines cycle state logic with a built-in scanner dashboard so you do not need the same tool on many charts at once. What it does Draws the Asian session range; session times can follow broker server offset or be set in inputs. Tracks level progression (L
CRT Candle Range Theory HTF MT4
Robby Suhendrawan
Indicatori
CRT Candle Range Theory HTF MT4.   Ultimate CRT Indicator: Advanced ICT Concepts and Malaysian SnR Trading System Master the Market Maker's Footprints with the Most Advanced Candle Range Theory Indicator Discounted   Price   $50  !!     Secure your lifetime access   now   before it switches to   subscription-only ! Unlock the true power of  Smart Money Concepts (SMC)  and trade precisely like the institutions with the  Ultimate CRT Indicator . Built exclusively for serious traders, this indicat
Reversal Identifier
Vitalyi Belyh
Indicatori
Reversal Identifier MT5 - Un indicatore in grado di individuare i punti di inversione su un grafico. Funziona senza ricalcoli o ritardi, identifica picchi e minimi frattali e segnala le inversioni con delle frecce. L'indicatore individua i punti di inversione precoci, dopo i quali si verifica una correzione o un cambio di direzione del trend. L'utilizzo ottimale di questo indicatore è su due timeframe: il timeframe superiore per determinare il trend e quello inferiore per ricevere i segnali di
Forex Breath System
Oleg Rodin
5 (5)
Indicatori
Forex Breath System è un sistema di trading basato sui trend che può essere utilizzato con qualsiasi mercato. Puoi utilizzare questo sistema con valute, metalli, materie prime, indici, criptovalute e persino azioni. Può essere utilizzato anche con qualsiasi intervallo di tempo. Il sistema è universale. Mostra la tendenza e fornisce segnali di freccia con la tendenza. L'indicatore può anche fornirti un tipo speciale di avvisi quando i segnali appaiono nella direzione del trend, il che rende il tr
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Forex Flow Equalizer
Marcel Igboanugo
Indicatori
Forex Flow Equalizer is an indicator that helps to reduce 'noise' in forex price movements. Visit https://www.mql5.com/en/blogs/post/751167 for more detailed explanation. It is programmed to enhance traders' focus, and capacity to monitor or manage multiple instruments of interest on preferred timeframe without their minds being over loaded with data or information, thereby, saving them the mental strength for more important trading decision making. Range Mode: is for traders who like to trade
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