We try to detect long/medium/short-term trends and combine all of them with some price action patterns to find a good entry point. The Indicator benefits are: Can detect long/medium/short-term trends. Can detect resistances/supports level (like pivot levels). Shows entry point/time using colored arrows Multitimeframe mode is available.
This indicator plots monthly highs and lows on the main chart for a user defined period. Scrolling over each line drawn reveals the number of candles of the current chart that have breached it over the user defined period, labeled "Breaks", allowing the user to gauge the strength of each line as a support or resistance.
This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence
Trendoscope expert is based on the custom indicator Trendoscope. Entry points are determined using Trendoscope values. Positions are closed when reaching specified profit and loss levels. Input Parameters Period - Period parameter of the indicator Trendoscope; Mode - operation mode of the Expert Advisor (0-5); Stop Loss - loss fixing level in points; Take Profit - profit fixing levels in points; Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the free margin
This Expert Forex Trader trades EURUSD. It produced $1 805 net profit, starting with a $5 000 Balance, 36% profit margin. It has not been run by me in a demo, nor in a live account. I created it in a back test against market from Feb, 2013 to now Sept, 2013. The settings I used should provide dependable results in the EURUSD market because it trades according to the moving average dynamics of the MACD. A demo is available. Use in EURUSD H2, leave settings or change them if you wish. Any question
Now the custom adjustable time scale is available. You can choose one or more scales from 28 built-in scales and place them on a chart. You can adjust the font size and the opacity of the scale. It is compatible with standard charts and custom charts with irregular scale created using iCustomChart. Note! The scale is not displayed in the strategy tester. To test the product, use a demo version that be downloaded for free. 1. Advantages and Features 28 built-in scales including server time,
The gold-silver ratio helps traders to better understand the state of the precious metals market and some other aspects of the world economy. Did you know that the natural ratio of gold to silver on Earth is 17:1? Some traders look at this indicator to determine if one commodity is over or undervalued in relation to the other. This Laplacianlab's variant is calculated on the simple moving averages of both commodities. The screenshots show the gold-silver ratio on D1 and H4 timeframes.
The indicator shows the strength of bulls and bears on symbols. Period for which the strength is show are customizable: M1, M5, M15, M30, H1, H4, D1, W1, MN1, etc. It supports automatic and manual scrolling to help you find bullish and bearish symbols quickly and clearly. It also supports custom currency sets. Attention: At first run of the indicator, your terminal will probably download required historical data from the server, it is normal process. Both MetaTrader 5 and MetaTrader 4 versio
The Expert Advisor works on the basis of correlation between two currencies. When the limit of correlation of signals is reached, it performs a trade operations. Limit is 0.8. Input Parameters: TotalTakeporfit - take profit value, default is 180. Stoploss - used for trading with martingale, default is 220. check - timeframe of the indicator, default is PERIOD_M5. MagicNumCycle1 - magic number of the Expert Advisor, default is 1347. slippage - slippage value, default is 6; Currency 1 - f
This indicator belongs to the Moving Averages group. It has been created for the following purposes: Higher sensitivity to price changes when using high periods of averaging. Possibility to use the indicator values on high periods as true values around which the price fluctuates.However, this doesn't mean that the indicator cannot be used as an ordinary moving average. Indicator Parameters IndPeriod - period of averaging. IndMethod - type of averaging: MODE_Simple - simple movin
This indicator is based on MACD oscillator. The difference between the classic MACD and the Tape MACD is the drawing only one line. When it turns green, this means that the currency pair will rise; and when it turns red, it means that the currency pair will fall. How to trade with tape MACD: Buy: wait until the indicator color turns to green. Sell: wait until the indicator color turns to red.
This is the same Expert Advisor as High Frequency Scalper Trading Series 1. Created due to requests from potential buyers to have a version of EA that runs on Live Accounts, however cheaper to buy. All the features are the same except you can't change the volume per trade on this version. If you find the EA interesting, do buy the full version from https://www.mql5.com/en/market/product/1115 where you can change the volume of trades. This will motivate me to invest more time and resources to c
POPTrader is an Expert Advisor based on "Pivot Point". For more information about "Pivot Point", you may visit its Wikipedia page: https://en.wikipedia.org/wiki/Pivot_point or just do a Google search. The EA's name: POP, doesn't mean popular. And it is not the abbreviation of "Pivot Point". Here it stands for "Power of Patience". The EA was developed for two purposes: Test trading by simple Pivot Point. Test if we can win if we have enough patience, that is, use little money to trade wit
The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis. Input Parameters: Period - period of calculation, 24 on default; CalculatedBar - number of bars for displaying a divergence, 300 on default; AngleTreshold - slope at which a flat is displaye
Bullish Bearish Volume is an indicator that divides the volume into the bearish and the bullish part according to VSA: Bullish volume is a volume growing during upward motion and a volume falling during downward motion. Bearish volume is a volume growing during downward motion and a volume falling during upward motion. For a higher obviousness it uses smoothing using MA of a small period. Settings: MaxBars – number of bars calculated on the chart; Method – smoothing mode (Simple is most
KLEO SYSTEM SET - multicurrency, multisystem and multifunctional Expert Advisor. Using only two level sets (KLEO INDICATOR SET), as well as various types of position tracking and closing, selected money management system and other additional conditions, the Expert Advisor allows creating profitable trading systems meeting the requirements of different categories of users. The Expert Advisor contains 5 independent parameter groups. Each group allows using up to 10 currency pairs (up to 50 symbol
Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. Profit for market swings without getting whipsawedThe indicator displays the trend direction at all timesA c
This is an original trend indicator. Its values vary from -1 to +1. The closer the indicator is to +1, the stronger is the ascending trend. The closer it is to -1, the stronger is the descending trend. The indicator can be also used as an oscillator for determining the overbought/oversold state of the market. The indicator has a signal line - a moving average of the main line of the indicator. In the Period Main parameter, specify the number of bars used for calculation. Period Signal determine
The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters: DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default.Recommended timeframe - М15. Currenc
Triangle Secret is an Expert Advisor that explores the triangle formula. Trading Strategy Position are opened according to the signals calculated using the triangle formula. Positions are closed by Take Profit and Stop Loss with additional trailing stop feature. The money management is based on free margin. To lock account profit or limit account loss, you can activate Target equity and/or Minimum equity in percentage of deposit at the settings. This EA is optimized for EURUSD H1, but you ca
The Pz Oscillator is a very smooth and responsive accelerometer which provides a lot of useful information and detects divergences automatically. It is a great trading confirmation and can be used to identify the trend direction and strength. It has been designed as a complement for our trading tools. Trend Direction The oscillator plots two moving averages to display the trend direction. If the fast moving average is above the slow moving average, the market is during an uptrend and long trad
CCFpExt is an extended version of the classic cluster indicator - CCFp. Main Features Arbitrary groups of tickers or currencies are supported: can be Forex, CFDs, futures, spot, indices; Time alignment of bars for different symbols with proper handling of possibly missing bars, including cases when tickers have different trading schedule; Using up to 30 instruments for market calculation (only first 8 are displayed).Parameters Instruments - comma separated list of instruments with a com
Tired of plotting support and resistance lines? The PZ Support Resistance is a multi-timeframe indicator that auto-detects and plots support and resistance lines while analyzing its importance. Past and present price levels are collapsed by proximity and adjusted to the current market action. Detect important price levels without browsing through charts Recognize the relative strength of all price levels at a glance Price levels are drawn where the action is (not only at the peaks) Pri
EURCHF spot is a short/medium-term Expert Advisor. Based on its internal indicators the Expert Advisor opens positions looking for around 45 pips of profit. Take a closer look to our astonishing four years back-test using every tick data. It runs with the same results on any timeframe because it has built-in timeframes for indicators.
This is an original trend indicator. Most of the time its values are located within the range from -2 to +2. The indicator is displayed with two lines in a separate window. The higher are the values of the indicator, the stronger is the ascending trend. The lower are the values of the indicator, the stronger is the descending trend. The distance between the lines can be interpreted as the volatility rate. The indicator has one input parameter - Period. It set the number of bars for analysis.
Expert Advisor Plan B is based on analyzing price action. Positions are closed when opposite signals appear. Input Parameters Period - number of bars to be analyzed; Mode - operation mode of the Expert Advisor (0-11); Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the free margin.The screenshots demonstrate the backtesting results. The Expert Advisor was tested on EURUSD M1 in the "Every tick" mode from 07.01.2013 to 24.08.2013. The Expert Advisor was set to m
This Expert Advisor trades according to the following strategy: if the previous deal is losing then the volume of the next deal is calculated using the next Fibonacci level. A Fibonacci level in this Expert Advisor is the index of a number in the Fibonacci sequence. The maximum number of numbers is set via the parameter Fibonacci maximum. If a deal performed using the maximum Fibonacci number has appeared to be losing, the "cycle of volume calculation" is considered to be losing and it starts f
This indicator provides a unique opportunity for its users! It will allow you getting the information about the support and resistance levels on any period of any financial instrument. In addition, owing to the functions of dynamic adjustment you'll be able to separate weak technical levels from the strong ones. Positional strength of price labels is determined using the author's algorithm. Since weakness and strength are relative, a user can adjust the percentage ratio for each rate. When use
Overview The Expert Advisor sends notifications to a mobile phone, via e-mail or activates an audio alarm in case any changes are detected on the trading account: opening/closing positions, changing order and position parameters, balance or leverage. Also, the Expert Advisor can inform that Equity on the trading account has dropped below a specified value or Free Margin is small compared to Margin. The Expert Advisor does not trade, it only monitors your account and orders. Launching the Exper
Wolfe Waves are a naturally occurring trading patterns present in all financial markets and represent a fight towards an equilibrium price. These patterns can develop over short and long-term time frames and are one of the most reliable predictive reversal patterns in existence, normally preceding strong and long price movements. Clear trading signalsAmazingly easy to trade Customizable colors and sizes Implements performance statistics Displays suit
This trade strategy has been tested on the history period from 01.01.1999 to 01.08.2013. It works on EURUSD performing 8-12 deals per month. The Expert Advisor can be attached to any chart. Positions can be kept open for several days. The N parameter is the % of load of the deposit for USD account with leverage 1:100. This strategy is used on a real МetaТrader 4 account (remade). To work without worries, set the parameter N to 2.5-5. There might be drawdowns continuing for several months. In cas
Overview The script displays information about the trade account and the current financial instrument. Information about the trade account: Account - account number and type (Real, Contest or Demo); Name - name of the account owner; Company - name of a company that provide the access to trading; Server - trade server name; Connection State - connection state; Trade Allowed - shows whether trading is allowed on the account at the moment; Experts Allowed - shows whether it is allowed to
Are you a price action trader? The PZ Candlestick Patterns indicator recognizes over 30 Japanese Candlestick Patterns and highlights them beautifully on the chart. It detects all patterns regardless the noise taking place on the market, and is simply one of those indicators price action traders can't live without. Boost your technical analysis overnight Detect japanese candlestick patterns easily Trade reliable and universal reversal patterns Hop into established trends safely usin
This indicator measures the power of a currency. The power is calculated as the distance the currency goes from the start of the trading session in pairs that include this currency. The indicator data is displayed as a scale from 0 to 10. On default, it measures the power in the long-term and in the short-term tendencies Н1 and М5. If you trade on a timeframe higher than Н1, M15 will be used as the short-term. This indicator was created for filtering entry signals of the strategy "Argo", it dis
Features: Ability to select any pivot type e.g. Classic, Camarilla, Fibonacci and Woodies. Demark pivot is built in with each pivot type showing the distance between Demark Pivot Lines by a vertical line. Ability to select the period e.g. Daily Pivot, Weekly Pivot and Monthly Pivot. You can insert all three pivots on the same chart. Ability to shift time in hours both in minus and plus from broker server time. Ability to hide/show connecting lines between each day/week/month. Ability to
This indicator is a heart of the strategy "ARGO". It recommends when to enter the market, it shows divergence and the speed of forming of short-term (hexagram) and long-term (color line) trends. All the main signals (classic and reverse divergence, buy, sell, oversold and overbought conditions) are accompanied with voice messages. The indicator does not require any setting depending on the currency pair or period it is used with. It can be used for any style of trading (pipsing, intraday, long-
The Expert Advisor Pathfinder uses data provided by three moving average indicators. Positions are closed when opposite signals appear. Input Parameters First MA Period - period of the first indicator; Second MA Period - period of the second indicator; Third MA Period - period of the third indicator; MA Method - method of averaging for the indicators; Mode - mode of operation of the Expert Advisor (0-7); Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the fr
This indicator supplements the standard Fractals. In addition to already formed fractals, Yunny Fractals senior TF draws points where Fractals may appear in future. The indicator displays information from any timeframe that is equal to or greater than the current one. Indicator Input Parameters: Period - timeframe for calculation of the indicator; Arrow shift - shift of labels relative to the maximum (minimum) of a bar; Set color to all plots - sets a single color for all plots of the indi
This indicator supplements the standard Fractals. In addition to already formed fractals, Yunny Fractals draws points where Fractals may appear in future. Indicator Input Parameters: Arrow shift - shift of labels relative to the maximum (minimum) of a bar; Set color to all plots - sets a single color for all plots of the indicator.
Currency strength meters include M5, M15, M30, H1, H4, D1, W1, MN1 periods. Helping you to find strength and weakness pair quickly and clearly. Supporting user customizing currency set. Attention: At first run of the indicator, your terminal will probably download required historical data from the server, it is normal process. Both MetaTrader 5 and MetaTrader 4 versions are available. US$15 each. If you are interested in MetaTrader 4 version, please send a message to me.
Summary of my Expert Advisor: Method - scalping, ticks and time. Timeframe - any. Indicators - none. Advantages - high-frequency trading, high volume trading (good for bonus and rebate account type), low drawdown, high profit factor. Requirements - low spreads, best VPS or high speed connection, good PC or servers. Symbols - EURUSD , GBPUSD, USDJPY. Brokers - STP/ECN.I have some ideas to upgrade my first Expert Advisor (TheNext1) to make it one of the strongest EAs on the Market, and I
Finally available on the mql5.com Market, you can now use the full Center of Gravity indicator. It is very easy to use, on all currency pairs, indices, all time frames. If you have not found an indicator that suits you, take a look at the screenshot and try it now! What is Your Situation? You lose money; You're not sure when to enter position; You close just before price goes back in your direction; You use indicators but they are not effective; Possibly you have taken courses, you used
Description: The indicator draws the colored weighted moving geometrical mean in the price chart window. Besides, this indicator can be used for colored drawing of other indicators that do not have this feature as a default one. "Trend state Geometrical Mean" can be drawn using other indicator values but in this case, all values of this indicator should be greater than zero. Parameters: Averaging period – indicator averaging period. First weight – weight of the first (earliest) averaging
SignalFinder One Timeframe is a multicurrency indicator similar to SignalFinder. On a single chart it displays trend direction on the currently select timeframe of several currency pairs. The trend direction is displayed on specified bars. Main Features: The indicator is installed on a single chart. The trend is detected on a selected bar. This version is optimized to decrease the resource consumption. Intuitive and simple interface.Input Parameters: Symbols - currency pairs (duplicat
Another script for opening orders and positions that features the possibility to set a comment and a magic number. Parameters: Magic - magic number. Comment - comment for an order or position. OrdType - type of the order or position (Buy, Sell, BuyLimit, SellLimit, BuyStop, SellStop, BuyStopLimit, SellStopLimit). Lot - request volume of the order. Price - price at which the order should be executed. LimitPrice - price that will be used for a Stop Limit order. SL - Stop Loss price (loss
BSN Multi Bollinger light is a Multi Currency Expert Advisor that works on 6 currency pairs: EURUSD GBPUSD AUDUSD USDJPY USDCHF USDCADThis is a light version of BSN Multi Bolinger. You can replace the existing symbols in the input parameters. I recommend to use H4 (4 Hours) period for operation. This Expert Advisor can detect 4 and 5-digit quotes automatically. Trading Strategy This Expert Advisor uses Bollinger Bands indicator for generating signals. It tracks the price movement
A handy tool for the semiautomated trader! You want to quickly calculate the risk of a position before you order or stop in? Just add the Risk Calculation Line to your chart and move it from one point to another and it will immediately calculate the risk. Functionality: Shows the risk of the account's base currency of any span on a chart.Shows the risk of the account's base currency on both ends of the line. Dependent from where the line is drawn, risk is shown as negative or positive (gain
The indicator draws a trend channel and adds Fibonacci levels (extension). It is a part of Argo-Trix strategy's set. However, it can also work as an independent strategy (trading within a channel, side channel's breakdown or Fibonacci levels). The indicator has plenty of settings that can be changed according to your strategy and trading style. For those who trade within a channel, the indicator displays inclined or inclined + side channels and defines the side channel's width in the terminal
This indicator colors the candles according to the current trend reminding popular HeikenAshi. The indicator is easier to analyze compared to standard Japanese candlesticks. It can be used as a simple strategy together with a trend indicator. The indicator is included in Argo-Trix strategy's set of indicators. The screenshot displays Argo Candles together with SATL indicator. Only the calculation period can be changed in the settings affecting its lagging rate.
Multi-timeframe version of the standard Variable Index Dynamic Average (VIDyA, VIDA) indicator. Input parameters: TimeFrame - used time frame: Can be any of ENUM_TIMEFRAMES values. TimeCorrection - use time correction: Can be true or false (see the first screenshot: true is the first indicator, false is the second indicator). PeriodCMO - Period (bars count) for the Chande Momentum Oscillator calculation: Can be larger than 0.PeriodEMA - EMA pe
Good day, ladies and gentlemen. This panel will be useful for scalpers who work very fast and don't have time to recalculate the lot size chasing a few points of profit. The Expert Advisor will do it for you by calculating the volume as a percentage of assets available for working. It also will automatically place a take profit and a stop loss for you. In addition, it includes position tracking. If the profit of a position in points reaches BU_s, the stop will be moved on BU_p points in the pr
AG6 Bot is not using regular indicators, it's a system based on the behavior analysis of the pair selected. Optimization is very fast and tuning is simple. Features: Manage Trading time. Full money management with overall risk adjustment. Only 3 parameters to set for the indicator. Manage Magic number. Delivered with low risk settings.Just try it.
Imagine how your intraday trading would change if you closed every day with a profit? The product Actual Scalp Panel is another innovation in the series "Actual". It can help you to keep the discipline during intraday trading. It represents a panel which accumulates key trade rates of a financial instrument for the current day. The panel allows taking decisions quickly considering already reached trade results, as all the important information is displayed tight on the chart! Here is how on
This a multicurrency indicator for a USD basket: AUDUSD EURUSD GBPUSD NZDUSD + USDCAD USDCHF USDJPY. The last three pairs are reversed in the indicator, as they are reverse correlated. It implies trading with a highest and a lowest pair (one above all and below all); once they start converging, you should enter a trade. For example, if EURUSD is above and USDCHF is below, then we sell EURUSD and also USDCHF as it is reversed in the indicator.
This is a new version of the ZigZag breakthrough Expert Advisor with the mode 4 implemented, which considers the peculiarities of the price movement and forming on EURUSD. The pair has become globally flat, thus my previous developments has stopped working normally for some time. The Expert Advisor places pending orders on a breakthrough by analyzing the ZigZag, volatility and existing trend. The Expert Advisor is set up by choosing the input parameters and the trading mode (G). Working pair is
This new unique indicator Actual tick footprint (volume chart) is developed for using on Futures markets, and it allows seeing the volume of real deals right when they are performed. The indicator Actual tick footprint (volume chart) represents a greatly enhanced tick chart that includes additional information about the volume of deal performed at a specific price. In addition, this unique indicator for MetaTrader 5 allows to clearly detecting a deal type – buy or sell. Alike the standard tick
SignalFinder is a multicurrency indicator displaying trend direction for several currency pairs and time frames on a single chart. Main Features: The indicator is installed on a single chart. The trend is defined at the last complete bar. Intuitive and simple interface.Input Parameters: Symbols - currency pairs. TimeFrames - time periods (time frames).Currency pairs and time frames are separated by comma in the list. If a currency pair or a time frame does not exist or is mistyped,
This is a demo version of the indicator Magnifier. Its difference from the full version is the periods of the additional charts are calculated automatically - as the nearest smaller periods in descending order. For example, if the period of the main chart is H1, then the period of the first additional chart will be M30, the second chart - M20, etc.
BSN Multi Bolinger is a Multi Currency Expert Advisor that works on 6 currency pairs: EURUSD GBPUSD AUDUSD USDJPY USDCHF USDCADYou can replace the existing symbols in the input parameters. I recommend to use H4 (4 Hours) period for operation. This Expert Advisor can detect 4 and 5-digit quotes automatically. Trading Strategy This Expert Advisor uses Bollinger Bands indicator for generating signals. It tracks the price movement inward or outward a price channel. Positions are cl
What is ADX? ADX (Average Directional Movement Index). This indicator was developed by J. Welles Wilder. It serves as an indicator of directional movement (i.e. trend) strength. The calculation of directional movement index (DMI) is based on the assumption that where there is an uptrend, today's high should be higher than yesterday's high. Conversely, where there is a downtrend, today's low should be lower than yesterday's low. Using the ADX ADX is often neglected due to its obvious disad
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi