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This is a conversion factor. It is used to detect whether broker is 4 or 5 digits. As MetaTrader 4 calculates everything using point basis, coder can use this function to convert pips to point for machine reading.
After back testing, we usually need to analyze the testing result on a new chart which we have loaded our template,in this case we need to copy the objects on the testing chart to the new chart. This script helps to save the objects into a file and show the objects on a new chart.
"Donchain Channel" EA Trades when there is a retracement from "DONCHAIN CHANNEL" levels has Trailing Stop Loss works on all time frames major forex pairs and stocks NASDAQ.
Bladerunner EA trades with "Fractals" indicator and 20 period moving average strategy has Trailing Stop Loss &Take Profit works on 1H time frame major forex pairs and stocks NASDAQ.
"Buy Sell Stop Buttons" EA sets up 3 buttons for manual trading and allows to predetermine trailing stoploss & take profit, open and close all trades at once.
The indicator demonstrates the trend stops with multicolor dots. In order to distinguish the targets the BrainTrend2Stop uses Blue and Red dots.
Williams의 퍼센트 레인지 지표(%R)는 시장이 과매수/과매도 되었는지 여부를 결정하는 동적 기술 지표입니다.
The SmartAssTrade-V2 Forex Expert Advisor is a new update for SmartAssTrade EA Version 1.
The Expert Advisor is based on the operation of its predecessor — Forex Fraus (for M1), but using the Envelopes indicator.
Pending Order is an order that will be executed if the price touches a point that we specify, in other words open pending order means ordering to open a position at a certain price level. So if price hits a predetermined level, then automatically we have an open trading positions.
"Hedg System" EA trades with hedging strategy two trades at any given time: Buy and Sell ,works best on 1D time frames major forex pairs .
Let's say we have 20 open orders on one symbol and want to set takeprofit or stoploss for all of them at the same level(price) .The script selects all open orders of the symbol and can modify stoploss or takeprofit or both at the desired level (price). If the input parameters are left to zero , the stop or the takeprofit are left unchanged .
Power of GBP indicator shows actual strength of currency GBP calculated of 7 pairs that contain GBP. Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR GBP, GBP USD, GBP JPY, GBP AUD, GBP CAD, GBP NZD, GBP CHF.
Sharing this trend indicator made by me. Called "Timeframe Flow". It will draw a user defined higher time-frame candle on every shift on your current time-frame. Meaning you can have H4, H12 or D1 candles on every shift of your H1 Charts. Or you can have D2, D3 or D5 candles on every shift of your Daily Charts. Combined with the current time-frame ATR Bands, you have a trend indicator with some filter. You may also use the Mid Line crosses as exit( Calculated using Higher timeframe candles displayed in the indicator(Close + Open)/2 ).
The "Camarilla Pivots" indicator. The ideal indicator for those who like to work "by levels". It clearly shows the reversal level, support/resistance levels for the current day.
Like MA cross but this indicator shows more valid signal. Buy and Sell Signal appears when it cross each others.
Draft daily trend-following EA that trades using ZIGZAG-FRACTALS on high/low of the preceding bar on a one-hour chart. TakeProfit is 13 points.
The EA uses the method of Burg's linear prediction that was taken from my indicator Extrapolator.mq4.
See http://forum.mql4.com/54660 for getting a connection between highs and a connection between lows. I made a zigzag this way.
Specific support and resistance indicator is based on indicators MW_ZigZag.ex4 and High_Low v2.ex4.
This Expert Advisor trades on the principle of the Martingale: if the order is closed by Stop Loss, the next order will be the opposite type with a lot size increased by a certain rate.