Expert Advisor Features trailing profit in the deposit currency (Trailing Stop Money) closing by a profit or loss in the deposit currency opening orders at a specified time managing positions opened manually or by another Expert Advisor calculating initial lot based on the current balance limiting the maximum lot volume choosing trading type several types and methods of averaging visually displays the current breakeven price, draws horizontal lines "Line break even BUY"-blue, "Line break even S
Clonify PRO - Local Trade Copier for MT5 and MT4 Professional tool for copying trades between MT5 and MT4 accounts (via the shared "Common" folder). FEATURES: 1. SENDER: Exports trades in real-time Sends everything (no filters) Requires no additional settings 2. RECEIVER: Copies trades. Magic Number: Uses the sender's account ID (default) or a custom number. Lot Modes: Analogous: Exactly the same volume as the sender. The Lot Multiplier allows you to decrease or increase the transmitted lot. Pr
Grid Martin is a fully automatic system. The advisor works according to the grid strategy with the possible use of martingale. Work = true Risk = 0.1 - lot T akeProfit = 100 - take profit Delta = 100 - grid step MartinKof = 1 - martingale coefficient MaxSpred = 35 - maximum spread Magic =123 - magic number Slipage = 5 - slippage Period_1 = PERIOD_D1 - indicator timeframe for opening the first deal.
The Expert Advisor places orders based on the points of the Parabolic Sar indicator. If your trading strategy utilizes this indicator, the EA will save you from the necessity to move your pending orders after every candlestick (e.g. 5 minutes or 1 hour) and will do it automatically. You can set the EA to open only BuyStop or only SellStop or both. Buy default both Buy and Sell are enabled. The EA does not use any indicators other than Parapolic Sar. Therefore you are to decide the time to run th
Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO
Strongly recommend trend indicators, automatic calculation of wave standard and MT5 ver
MTF Williams %R Matrix (Free Advanced Multi-Timeframe Dashboard)
The Multi-Timeframe Williams %R Matrix is an institutional-grade technical scanner designed to evaluate momentum extremes and key boundary dynamics across four execution timeframes simultaneously[cite: 5, 6]. By monitoring the M15, H1, H4, and D1 intervals concurrently, this utility completely eliminates multi-chart cluttering and gives traders an instant executive matrix of price relative to recent high-low ranges on a single win
MTF Relative Strength Index (RSI) Matrix (Free Advanced Momentum Dashboard)
The Multi-Timeframe Relative Strength Index (RSI) Matrix is an institutional-grade technical scanner designed to evaluate momentum and overbought/oversold conditions across 4 distinct execution timeframes simultaneously[cite: 5, 6]. By monitoring the M15, H1, H4, and D1 intervals concurrently[cite: 5, 6], this utility completely eliminates multi-chart cluttering and gives traders an instant executive matrix of momentum
Calculates a weighted average of several Momentum periods to produce a smoother momentum signal centered around zero. Positive values indicate bullish momentum, while negative values indicate bearish momentum, ranging in percents compared to a weighted averaged back value, effectivley avoiding the market noise. The calculation will weight 7 values before plotting a position.
Running multiple EA's on your account and confused by who's winning and who's loosing? Try this indicator that report's in real time on the Magic Numbers in your account by reading the History_trades along with the Open_trades. Note: Manual trades are grouped under Magic Number "0". For a better visual report, run it on a symbol that you don't execute trades on, switch the history bars to "Line Charts" and set it's color to Black.
Nombre del Indicador: Two Lines Color 1 Telegran:13 Crow Trading Club
Descripción: Este indicador personalizado para MetaTrader 4, "Two Lines Color 1", es una herramienta de análisis técnico diseñada para ayudarte a identificar oportunidades de trading en los mercados financieros. Este indicador utiliza dos Medias Móviles Simples (SMA) de diferentes períodos y las representa en el gráfico con dos líneas de colores distintos.
Las características clave de este indicador son las siguientes:
Rá
This is an ON CHART trade management panel. In other words, ON CHART Lot Size, Buy, Sell, Stop Loss, Take Profit, Close Buy, Close Sell and Close All buttons! *IMPORTANT NOTE: Input settings are NOT usable. You can change or insert Stop Loss and Take Profit values only on the chart panel. (See the below video!) This one is MT4 version!
BUTTONS List: 1. Lot Size - (0.01) is default click on it and insert the lot size with which you want to open a trade. 2. Stop Loss - (0.0) is default click on i
This indicator is based on the MACD indicator
Also, some candlestick patterns are used in it to identify better signals
Can be used in all symbols
Can be used in all time frames
Easy to use method
Adequate settings
Settings: period: The number of candles used to calculate signals. pFast: Like the MACD indicator settings pSlow: Like the MACD indicator settings
alarmShow: If you want to receive an alert in Metatrader after receiving the signal, enable this setting alarmShowNoti: If you want to
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here: Simple Forex Trading Strategies
The expert advisor opens trades when RSI indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is EURGBP and the recommended timeframe to operate and to do backtests is H4. This Expert Advisor can be profitable in any TimeFrame an
The EA trades when MACD main line cross signal line . Best time frame 30 mins, Any pair any broker no limited, recommend minimum deposit 500$
SETTING Symbole - Set symbol to trade. MACD_fast_EMA - Set Fast EMA period. MACD_slow_EMA - Set Slow EMA period. MACD_signal - Set signal period. Lots - start lot. Multiple_lots - Multiply lot for next order. Max_lots - maximum lot. Grid_boost - Frequency of opening position (Less more order). Grid_minimum_pips - Check distance grid from last order
The script tries to determine the overall direction of the market, using smoothed Heiken Ashi candles. The coloring system (using bright and dark colors) is an attempt to detect strong market and weak market conditions. There's also an oscillator within the script
These are the features: Alert condition Features: You can now set alerts in the alert dialog for events like trend switch, trend strengthening and weakening; all for both Bullish and Bearish trend.
I also added the code for custom a
Double Exponential Moving Average (DEMA) is a well-known trend indicator. DEMA was developed by Patrick Mulloy and published in February 1994 in the "Technical Analysis of Stocks & Commodities" magazine. It is used for smoothing price series and is applied directly on a price chart of a financial security. Besides, it can be used for smoothing values of other indicators. The advantage of this indicator is that it eliminates false signals at the saw-toothed price movement and allows saving a posi
RR Visualizer - Enhance Your MT4 Risk Management RR Visualizer is an essential MT4 utility for traders looking to optimize their risk management effortlessly. This tool calculates the ideal lot size based on your preferred risk percentage and the custom stop-loss distance you set, giving you full control over your money management. Designed with a user-friendly and attractive interface, RR Visualizer keeps the focus on your trading, not on complex calculations. Key Features Customizable Ris
Fibonacci will be designed by default based on the monthly candle but you can simultaneously view Fibonacci on a weekly candle or you can choose your two favorite timeframes. When you run this script, an input prompt will appear and the following input parameters can be configured: Input Parameters: Name Example Default Timeframe1 Monthly 43200 Timeframe2 Weekly 10080 TF1status 1 on 1 TF2status 0 off 0 candleID you can choose which candle to apply 1 Prefix1 It's is the prefix of the first object
KT Quick Risk Calculator is a professional utility tool for MetaTrader 4. It is designed to improve your workflow by providing instant calculations using an interactive measuring tool.
[Main Function] This tool allows you to interactively measure the distance between two points on the chart and immediately see the potential result in your account currency based on a fixed lot size.
[Key Features] 1. Smart Interaction: Hold [Ctrl] + Drag Left Mouse Button to measure. 2. Instant Data: Displays
Displays a digital clock in the chart in realtime.
Benefits: Current time always in sight for market open/close, economic data, etc. Displays accurate time (server/broker time) Clearly visible (set color, size, font, position) Always runs/refreshes even without new price tick Hint: To display the most accurate time, use the server (broker) clock setting combined with the time (hour) offset for your time zone.
TCL MA Crossovers is a Moving Average crossover indicator for MetaTrader 4 with independent Fast and Slow MA settings for every chart timeframe. It plots crossover markers and sends multi-channel alerts when a confirmed crossover occurs. How It Works Most crossover indicators apply one Fast and one Slow Moving Average to whichever timeframe is open. This indicator stores a separate Fast and Slow MA configuration for each timeframe (M1, M5, M15, M30, H1, H4, D1, W1, MN). When the chart timeframe
BreakEven PRO line – Instantly visualize your breakeven point Have you ever wondered exactly where your open trades would reach breakeven — no profit, no loss?
BreakEven PRO line is a visual indicator created for traders managing multiple positions. It automatically displays a horizontal line at the average breakeven price for your open BUY and SELL orders, clearly labeled with the live value on your chart. Perfect for hedging strategies , risk management , or simply maintaining precise control
Stop journaling your trades by hand. Let them journal themselves. Every serious trader knows the truth: the traders who review their trades outperform the ones who don't. And almost nobody actually does it — because manually logging every entry, exit, SL, TP, and P&L into a spreadsheet is tedious enough that it quietly dies after week two. War Room Journal kills that excuse. This is the official connector between your MetaTrader terminal and the War Room trading journal on Telegram (by @Ash_TheT
It's a multi-currency grid and martingale system that can trade all input pairs from one chart. The expert will close all orders for each pair using a profit level. The expert has the possibility to trade up to 100 pairs.
Information
Chose a broker with fast execution and low spreads for effective results. Please make some tests on a demo account to see how the expert works before using it on a real account. For 0.01 lot size and leverage 1:500, you need an initial balance of at least 10,000 f
Galdhopiggen Pro — Portfolio Intraday Trend EA Galdhopiggen Pro is a fully automated intraday trend-following EA designed for multi-pair portfolio trading.
The system focuses on stable equity growth, strict risk control, and intelligent trend-based entries. Trading Logic Trend Filter (SMA):
Only BUY trades above SMA, only SELL trades below SMA. Entry Filter (M30/H1): Stochastic < 20 + bullish candle → BUY Stochastic > 80 + bearish candle → SELL Maximum 1 position per symbol . Risk Managem
The goal of this indicator is to give you a quick & comprehensive view of your current profit. IceFX’s ProfitInfo is a utility indicator which displays the profit which is calculated from the actual trades on the chart(s). The indicator displays on a daily / weekly / monthly and yearly breakdown and shows the profit in pips / currency and percentage.
Main features: You can easily adjust IceFX’s ProfitInfo to display profit on the current open chart / current trade or even the profit of the enti
Created for signal providers, as well as for participation in various forex contests(and not only), can independently open an unlimited number of orders on the indicators RSI(Relative Strength Index) and MACD(Moving Average Convergence/Divergence) Expert signals are here. A series of experts: Lucky Star RSI and MACD, Lucky Star RSI, Lucky Star WPR , Lucky Star MA, Lucky Star SO, Lucky Star MACD, Lucky Star MA and SO, Lucky Star MA and MACD , Lucky Star SO and MACD the probability of winning r
Using multiple timeframes for analysis with Mtf MACD Standard can provide several significant benefits for traders: Comprehensive Market View: By applying Mtf MACD Standard across different timeframes, traders gain a broader perspective on market dynamics. This allows them to identify trends, patterns, and potential reversal points that might be more apparent or consistent across various scales. Enhanced Pattern Recognition: Multiple timeframes help in identifying repeating patterns or structure
如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra feature to add on the base version.
PA Touching Alert is a tool to free you from watching price to touch certain critical price level all day alone. With this tool, you can set two price levels: upper price and lower price, which should be greater than/ less than the current price respectively. Then once price touches the upper price or lower price, alert and/or notification would be sent
The Effective Advisor is your trading assistant.
It can be used in fully automated or semi-automated mode.
You can trade with one order or several, setting specific position averaging.
Trading is based on the MACD indicator.
The indicator settings are standard and built into the Advisor (they can be displayed in the Advisor upon request).
Averaging occurs without a multiplier (you can only manually increase the lot size).
The lot size, distance, and Take Profit can be customized to suit y
This is my first advisor . To get straight to the point : the Alligator Indicator Advisor is trading better on 1H And 4H . The system is as follows: opening orders at the intersection of indie lines , if the price goes against the trend , a grid opens along the distance ( without martingale ) , Profit is fixed according to the profit specified in the parameters . ( averagin system ) . The grid lot is in % of the balance . The Risk variable . Variable ( Buy or Sell ) MaxOrders is the number of
Graph shows your balance and equity in real time similar to the tester graph which is nice to see your real progress vs tester graph. This code was copied from mql5.com, it is free and it works i am just putting it here to make it easier for us https://www.mql5.com/en/code/13242
https://www.mql5.com/en/code/8454 .. original code
Equity Monitor 1. Monitoring balance 2. equity 3. margin 4. profitability 5. drawdown Original idea and code by Xupypr (Igor Korepin) Remake by transcendreame
5/35 Oscillator to be used with our Elliott Wave Indicator as part of the overall strategy on trading the 5th wave. The Elliott Wave Indicator Suite is designed around a simple but effective Swing Trading Strategy. The Indicator Suite is great for Stocks, Futures and Forex trading on multiple timeframes You can find the main Elliott Wave Indicator here https://www.mql5.com/en/market/product/44034
The Expert Advisor was developed to grow user account balance persistently. To achieve this, it has two modes, normal and recovery mode. The parameters for the two modes can be changed to suit user strategy. There are also auto trade button, buy button and sell button. Auto trade button can be turned ON and OFF. Buy and sell buttons is for user to manually intervene a trade. HOW IT WORKS. The Expert will trade automatically according to the input parameters. It trades in Normal mode when there
The LWO is a tool that effectively indicates the end of trends. Being an oscillator, it has values between 0 and 100, defining the areas of hyper-sold and those of hyper-bought. Its effectiveness is due to the weighing of prices at the end of individual periods on a logarithmic scale; this allows you to have a perception of the will of the market.
The parameters
The indicator has only 2 settable values, period and smooth factor.
The period indicates how many bars the weighing is performed, whi
Check out other great products from https://www.mql5.com/en/users/augustinekamatu/seller
This indicator is the best so far at determining the currency strength of each pair. It provides stable values and is highly adaptive to market changes. It is a great tool to add to your arsenal to make sure you are on the right side of the trend at all times. No inputs required, it is simple plug and play. A Winning Trading Strategy This article describes the components and logic needed to develop a tra
Session Killzone Indicator
Indicator that helps you to identify the killzone times of both London and NewYork sessions which usually is the most times for high volatility and taking liquidity from the market. Killzone times are configurable through indicator parameters. The indicator adjusts the range of the killzones based on the daily trading range.
Советник Providec, это хорошее добавление к портфелю или при грамотном ММ отличный основной робот. Предназначен для разгона депозита. Благодаря высокой вероятности профитной сделки можно разгонять маленькие дэпо. Минимум параметров для простоты использования. StopLoss, как опция, указывается пользователем в параметрах. Советник предназначен для торговли на любой валютной паре, на таймфрейме Min_5 . Не мартингейл, не арбитраж . Советник торгующий от уровней: Providec. Редко, но метко Параметры M
please leave 5 stars to me A support level is a level where the price tends to find support as it falls. This means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue falling until meeting another support level. A resistance level is the opposite of a support level. It is where the price tends to find resistance as it rises. Again, this means t
Coloured Bollinger Bands The Coloured Bollinger Bands indicator is an enhanced version of the standard Bollinger Bands, offering customizable features to suit your trading needs. It uses the classic Simple Moving Average (SMA) as the middle band, and allows you to easily change the appearance of the bands, including the option to select colors and line types, ensuring better visual clarity and adaptability on your charts
Profit30 Lite Free
The Profit30 Lite Free Expert Adviser, uses 7 different 'price action style' system on the EURUSD pair, on the M5, M15, M30, H1 timeframes.Best optimized perform in H1 chart
The EURUSD pair offers in general the best performance in the major part of the Profit30 EAs. In this EA, a selection of Profit30 systems has been rewritten and configured explicitly for get the best performance in the EURUSD pair. The EURUSD pair offers in general the best broker execution conditions, wi
This semaphore indicator is based in the standard RSI, which is applied over the Envelopes indicator that shows an envelope or envelope fluctuation borders. This is a version of RSI vs Envelopes Graph drawn in a separate window . A sell signal emerges when the upper envelope/border is broken by the RSI indicator from top to bottom. A buy signal emerges when the lower envelope/border is broken by the RSI indicator from bottom upwards. The indicator can draw arrows on the indicator, draw vertical
This adviser trades by volume, analyzing candles. It is a free version of Volume candlex master . Differences from the paid ones are that there are not some functions here: working on 2 timeframes, using Moving average, dynamic stop-loss and take-profit, and also the maximum lot is limited (no more than 0.10). Recommended timeframes: M5, M15, M30. Before trading, optimize the parameters of the advisor for your account. Input parameters Lots - lot size; MaxSpread - the maximum spread for the op
FX BabyTiger Cleaner Version 1.1 Developed by Anh Tho Nguyen | Divergo Trading Community Why do you need this? Every professional trader knows the problem: After a few hours of trading or running multiple Expert Advisors (EAs), your chart looks like a mess. Arrows, old trendlines, and text labels everywhere make it impossible to see the actual price action. A cluttered chart leads to mental fatigue and trading errors . The FX BabyTiger Cleaner is your personal "Chart Janitor" that keeps your wo
Optimize your trading analysis with the RSI Multitimeframe Dashboard, a powerful tool designed to streamline RSI monitoring across all timeframes and symbols listed in your Market Watch. This dashboard delivers real-time insights and alerts, making it essential for traders who rely on RSI to identify potential market entries and exits. Key features include: Comprehensive RSI Overview : Instantly view RSI values for every timeframe across all Market Watch symbols, making multi-timeframe analysis
Introducing the Professional Arka STM Signal Indicator
With Arka Candle Close Time – 100% Free Version Fast, Accurate, and Unmatched in Identifying Trading Opportunities
This indicator is the result of combining advanced price action analysis with specialized market algorithms, delivering clear, timely, and profitable signals. Completely Free – No Installation or Usage Limits
️ An automated trading bot, fully synchronized with it, is also ready to run. The Power of ARKA STM Si
Candle Time At Price — Precision Countdown Directly Beside the Candle Candle Time At Price is a lightweight, smart, and visually elegant indicator that displays the remaining time of the current candle right next to price — exactly where your eyes are focused. It’s designed for traders who value clean charting, precision, and zero distractions. Key Features: Real-Time Countdown — Displays the exact time left before the current candle closes. Price-Anchored Display — The timer moves wi
Velociraptor is an Expert Advisor that exploits acceleration of volatility of the market. It goes into action when there is an explosion of volatility, for example during the news or special events. It is an evolution of the Volatility Accellerator EA with new features and the new algorithm for price acceleration calculation. The best new feature is an equity filter that disables the real trading if the EA is not more profitable. In agreement with filter settings, in this period, the EA will ope
ALIEN Telegram Master PRO MT4 Advanced Telegram Signal & Trading Account Monitoring System for MetaTrader 4 ONE EA — ALL CHARTS — ALL TRADING ACTIVITY — MULTIPLE TELEGRAM CHANNELS — FOUR LANGUAGES ALIEN Telegram Master PRO MT4 is an advanced Telegram notification and trading account monitoring Expert Advisor designed specifically for MetaTrader 4. The system automatically monitors trading activity, BUY/SELL indicator signals, manual and automated trades, Stop Loss and Take Profit modifications,
VTB High Watermark Drawdown INFO Indicator for MT4 Advanced Account Monitoring & Drawdown Information Dashboard VTB High Watermark Drawdown INFO is a professional account monitoring indicator designed to display drawdown statistics, account performance, and risk management information directly on the chart. This indicator does not interfere with trading activity. It does not open or close positions, modify orders, or block trading. Its sole purpose is to provide a clear and comprehensive account
This EA is a set n forget type. Once attached to GOLD / XAUUSD chart, you can forget it. ========== Broker recommended (EA tuned) > JustMarket (fully tested & optimized) Register using this link & get 50% auto rebate with daily reimbursement > https://one.justmarkets.link/a/6dgco0za1a Change your current IB to me & get 50% auto rebate with daily reimbursement. Visit this link for instructions > https://t.me/ea1234x/1 ========== Leverage recommended > 1:500 TF > H1 (auto set & lock by this EA)
Pattern Detector can detect the most common 1, 2 and 3 candlestick patterns and send notifications when detected. The DEMO version only works on AUDNZD pair. Full product can be found https://www.mql5.com/en/market/product/29190
How does it work Add the indicator to the chart you want to analyze and select which patterns to detect, the indicator will draw the detected patterns. You can also be notified via alert, app and email when a new pattern is detected.
Parameters Indicator Name - Used to
This Ea is for the sole purpose of protecting your account.
When the basket of operations present in the terminals reach a set profit in currency terms, the expert will close all trades.
It will replicate the same behavior if the loss limit is reached.
It is a simple but at the same time useful expert advisor for safeguarding the account and always keeping it active.
It can be placed on any time frame or graph, the important thing is that it is inserted only once.
One Click Close All is a script that when thrown on any chart will automatically close all orders regardless of the asset or what type of orders they are, it will close everything much faster than a human could. You will find paid versions of the same style of this script, but read carefully and you will see that it performs the same function ... here you have it for free, enjoy it.
Bollinger Bands MTF projects Bollinger Bands from multiple timeframes onto the current MT4 chart. It helps traders review volatility boundaries, trend direction, and nearby price confluence across several timeframes from a single workspace.
Key features:
- Supports M1, M5, M15, M30, H1, and D1 Bollinger Bands. - Independently displays middle, upper, and lower bands, with an option to show only timeframes above the current chart period. - Evaluates middle-band slope and highlights the active t
SP Volatility Break M15 Strategy is a fully automated MetaTrader 5 strategy designed to capture volatility breakout opportunities on the S&P 500 using Bollinger Band market structure, Bollinger Band Width Ratio execution filters, ATR-based risk management and pending STOP orders.
The strategy is designed for the S&P 500 market on the M15 timeframe. Its goal is to participate when the market moves out of a normal volatility structure and then confirms a tradable breakout condition. The system d
GBPJPY Awesome Oscillator Reversal Breakout (H1) is a fully automated MetaTrader 4 strategy designed to capture **confirmed reversal breakouts** on GBPJPY using an oscillator-based reversal trigger with rule-based **pending STOP execution** beyond recent price structure. The EA was backtested on **GBPJPY on the H1 timeframe** from **April 1, 2004 to April 24, 2024** using a MetaTrader 4 backtest engine (base data: GBPJPY_M1_UTC2). No parameter setup is required — the system is delivered with op
The 24-hour forex (FX) market offers a considerable advantage for many institutional and individual traders because it guarantees liquidity and the opportunity to trade at any conceivable time. Currencies can be traded anytime but an individual trader can only monitor a position for so long, however. Most traders can't watch the market 24/7 so they're bound to miss opportunities or worse. A jump in volatility can lead to a movement against an established position when the trader isn't around. A
This indicator allows you to overlay three different moving averages on the chart simultaneously. Each of these moving averages has additional settings such as: -Time frame
-Shift
-MA method
-Applied price
Using this indicator, you can easily set up three moving averages and find the one that suits you the best. You can also use this indicator to determine the trend when the moving averages cross.
metatrader 4 ea simple closeall
you can get free ea by registering FBS broker through my link https://fbs.partners?ibl=621087&ibp=24536958
install ea in any pair and run it.. Congratulations on using the ea close assistant
Button Function : Close All Order = function to close all open orders and pending orders Close Sell = function to close all open sell orders Close Buy = function to close all open buy orders Close Profit = fu
This Indicator is based on Mr. Dan Valcu ideas.
Bodies of candles(open-close) are the main component used to indicate and assess trend direction, strength, and reversals.
The indicator measures difference between Heikin Ashi close and open.
Measuring the height of candle bodies leads to extreme values that point to trend slowdowns. Thus quantifies Heikin Ashi to get earlier signals.
I used this indicator on Heiken Ashi charts but, it's possible to choose to calculate Body size based on Heik
This is a trade management EA that will close all your Open Orders (or both Open and Pending Orders) when your drawdown against balance exceeds a set percentage limit. E.g. Balance = $10,000 and “DrawdownPercent” is set at 2.0, if floating P&L is greater than -$200.00, all Orders will be closed.
It will send a notification to you MT4 app on your phone ( ”Drawdown Percent Close triggered!”) A text display is included for some visual feedback.
Basic notes: It only needs to be attached to one char
Being flat is a position taken by a trader in Forex trading when s/he is unsure about the direction of currencies trading in the market. If you had no positions in the U.S. dollar or your long and short positions canceled each other out, you would be flat or have a flat book
A flat market is one where there is little price movement; the market typically trades within a tight range, rather than forming a clear up or down trend. This indicator shows potential flat