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Stop Loss Take Profit Drawer

Introduction

It is common practice for professional trades to hide their stop loss / take profit from their brokers. Either from keeping their strategy to the themselves or from the fear that their broker works against them. Using this indicator, the stop loss / take profit points will be drawn on the product chart using the bid price. So, you can see exactly when the price is hit and close it manually. 


Usage

Once attached to the chart, the indicator scans the open orders to attach lines for them and then waits for new one. As soon as the order is closed, the indicator will remove the target lines from the chart. 

The default stop loss value for the red line is 15 pips, while for the take profit green line it's 25 pips. You may set any value you wish for the initial values, but also drag the lines on the screen for your desired values.

© 2019 Roy Meshulam

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PipTick Bid-Ask Volume indicator is a tool that needs every scalper and intraday trader. It uses a special algorithm to determine the activity of buyers and sellers and displays it in the form of histogram. With this feature, the trader can easily compare the level of aggression on the part of buyers and sellers and read the context of the market. As we all know, the forex market is decentralized and therefore we do not have a reliable information about real volume. We also do not know actual an
67 USD
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Introduction Professional traders use pivot points as support/resistance levels or as an indicator of a trend. Basically, a pivot point are areas at which the direction of price movement can  possibly  change. What makes pivot points so popular is their objectivity as they are recalculated each time the price moves further. The pivot points indicator implements 5 popular pivot points calculation and drawing: Standard –  The most basic and popular type of the pivots, each point serve as an indica
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Hurst Exponent Indicator
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Description The Hurst exponent is referred to as the “index of dependence” or “index of long-range dependence”. It quantifies the relative tendency of a time series either to regress strongly to the mean or to cluster in a direction. A value H in the range 0.5–1 indicates a time series with long-term positive autocorrelation, meaning both that a high value in the series will probably be followed by another high value and that the values a long time into the future will also tend to be high. A va
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Market View Indicator
Roy Meshulam
With the Market View Indicator , you may monitor in a dedicated panel as many as products as you wish. Just add the indicator to the chart, enter the prodcuts you want to view and the change period to track and that's it. A panel will open up at the bottom of the chart which will show you per product the change in pips, the standard deviation, the return etc.  Personally, I use it to track multiple products I have positions with without having multiple charts opened up, it save me bandwith and t
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Breakeven Calculator Indicator
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Breakeven calcualtor is a Metatrader 4 indicator which calculates and displays the breakeven value for the open P&L. The value is updated dynamically based on market movements and changes. If the overall P&L is negative, the breakeven point will be displayed as a red value, otherwise green. Besides the breakeven, the following values are also displayed: Pips sum P&L change per minute Pips change per minute P&L total Swap total Commisions total © 2019 Roy Meshulam
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Period Trend Indicator
Roy Meshulam
Period trend indicator calculates and displays the changes in: Trend Pips Standard Deviation Return (%) in the following periods - M1, M5, M15, M30, H1, H4, W1, MN1, MN3, MN6, Y1 and Year to Date.  By default, the current product is used, but it can any product when you attached the indicator to the chart.  I used extensively to monitor the product changes accross multiple charts wihtout having the need to open them in paralle.  © 2019 Roy Meshulam
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Zhang Historical Volatility Indicator
Roy Meshulam
In  finance , volatility (symbol σ) is the degree of variation of a trading price series over time as measured by the  standard deviation  of  logarithmic returns . Historic volatility measures a time series of past market prices.  Implied volatility  looks forward in time, being derived from the market price of a market-traded derivative (in particular, an option). In 2000 Yang-Zhang created a volatility measure that handles both opening jumps and drift. It is the sum of the overnight volatilit
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Chart Overlay Indicator
Roy Meshulam
The Chart Overlay indicator displays the price action of different products on the same chart, allowing you to evaluate how different symbols fluctuate relative to each other. You may use it to make trading decisions based on convergence / divergence of the displayed products, i.e. USDCAD - XTIUSD, EURUSD - USDCHF etc.  Usage Find overbought or oversold products Adapts to chart size, zoom and timeframe Automatic price level calculation Customizable colors Click 'c' to open underline product in s
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