CapControl is a professional approach to money management. Each trader will have the opportunity to reach a new level of their trading, as with its help, psychological barriers that prevent full trade and maximize profits are eliminated.
Demo version that works only on a pair of GBP/JPY: CapControl DEMO download
1. Fear of relative risks. A drawdown of 10% on a $ 100 account is $ 10. But the same 10% on the account of $ 5000 can psychologically unsettle the trader, as in cash is already $ 500. Such an illusion negatively affects the results.
CapControl solves this problem and eliminates illusions. The trader sets up a working deposit for himself which is convenient for him to work with and trades on this basis. And real transactions on the account are opened proportionally. Example: a working deposit on the panel is set to $ 100, a trader trades in a lot of 0.01; on a real account $ 5000, and transactions will be opened proportionally, namely 0.5 lot. Earning on a virtual account from $ 100 to $ 150 - in a real account, the increase will be from $ 5000 to $ 7500, i.e. the same 50%. Thus, the habit of working with the same deposit will be developed and once again multiplying your funds will be all the easier and simpler.
2. Link to past results. The first transactions on the new account are most often positive. A trader looks at the market with a fresh look, waits for the very deal, opens it, leads it as he intended. But immediately after this transaction, the trader is attached to this result. He does not want to lose what he already has and begins to act either extremely carefully, or on the contrary loses his vigilance, or tries to recover losses as quickly as possible.
Implementation of the bypass: the “Reset” button resets the result to the established working deposit. Example: during a week a trader earned from $ 100 to $ 120. On Monday (or another day, at any time), in order not to be tied to the result of the previous trade, you need to click the “Reset” button and the deposit will be reset to the working one and will be displayed, as before, $ 100. Visually, the account will have $ 100, but the lot will now be calculated from the new amount, taking into account the growth from last week. Thus, there is no reference to past results and all funds in the account are used most effectively.
3. The lack of an ultimate goal. Basically, traders do not have an ultimate goal. Usually this is an abstract idea that you need to try to trade profitably. But without a specific goal, the trader comes to NON-specific results. When setting the final goal, the human brain mobilizes all its capabilities and reaches it.
Implementation of bypassing this barrier: in the upper part of the panel, the general desired goal is set (an increase of 2, 10, 50 times). And the main goal is to split into two smaller goals - the daily plan and the weekly one. Setting himself a goal - the trader gives himself the installation to achieve it. He will see the results of his progress towards the goal in horizontal blocks, which are calculated for each of the goals (taking into account the compound percentage).
This panel also simplifies and speeds up the trading process. Pending orders are set in 2 clicks. This method of placing orders is more practical, because visually it is clear at what level the order will be placed. Also in 1-2 clicks you can open positions, lock, reverse, close orders (partial close, close all at once), delete pending orders, include 3 types of trailing, etc.
- slippage - slippage
- comment - set a comment for orders
- working deposit
- limit closure - closing all transactions upon reaching the established limits yes / no
- limit orders by distance or line - type of setting pending orders
- trailing TF - TF for trailing
- indent from the calculated SL - indent of the calculated SL level
- min profit - minimum profit to start trailing
- step - trailing step
- averaging period MA - MA period for MA trailing
- MA indicator shift
- MA averaging method - averaging method
- used price MA - prices for calculating MA
- bar number for calculating MA - bar number MA
- trailing point - points in profit for starting trailing point
- language - language: en english, ru russian
- apply template to graph - apply a template
The indicator detects and displays М. Gartley's Butterfly pattern. The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by the pop-up window, a mobile notification and an email. The pattern and wave parameters are displayed on the screenshots. The default parameters are used for demonstration purposes only in order to increase the amount of detected patterns. Parameters
This indicator is a standalone trading system based on the analysis of complex of moving averages, as well as the range of Highs and Lows. This indicator allows to place pending orders for opening/closing a position at reasonable price levels, and also directly based on the signals of trend changes. The indicator displays signals on complete bars. Never repaints signal. The signals are confirmed by the price exceeding the High/Low of the bar the signal was shown at. According to the author's obs
The main idea of this indicator is rates analysis and prediction by Fourier transform. The indicator decomposes exchange rates into main harmonics and calculates their product in future. The indicator shows 2 price marks in history, depicting price range in the past, and 2 price marks in future with price movement forecast. Buy or sell decision and take profit size are displayed in a text label in the indicator window. The indicator uses another indicator as an engine for calculations - FreqoMet
The indicator shows the potential trend direction by cyclical-wave dependence. Thus, all the rays of the intersection will be optimal rays, in the direction of which the price is expected to move, taking into account the indicator period. Rays can be used as a direction for potential market movement. But we must not forget that the approach must be comprehensive, the indicator signals require additional information to enter the market.
Introduction to X3 Chart Pattern Scanner X3 Chart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individua
Your friend when it comes to identifying strong trends. The algorithm used in this indicator takes input from the Parabolic Sar (PSar) and Supporting/Resistance levels. Helps you find best entry points for your trades after reaching a certain level, and easily identify where you can exit/re-enter your trades. This indicator can be used on all time frames and pairs. Features alert function. No need to set up the indicator. How to use: Simply attach to any chart. NB: Look for new trades when th
The indicator detects and displays 3 Drives harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is com
This indicator is the undisputed leader among the indicators. And for this statement there is a good reason. The indicator builds a very high quality channel in which it generates signals to enter! What is the ideal strategy for the trader, since the trader always hesitates when choosing a strategy for the job. That is, this indicator will allow you to solve the dilemma of choosing a job by trend or to the channel, since it combines these two basic concepts. Working with the indicator is very
The indicator displays Renko bars on the chart, uses them to plot the ZigZag - trend lines connecting the local Lows and Highs of the price movement, and highlights them based on the Gartley patterns, showing the potential price reversal points. Renko - specialized display of the price action, in which the graph is displayed not every bar of the time frame, but only under the condition that the price had passed more than the specified number of points. Renko bars are not bound to a time frame, s
The indicator displays a histogram of hourly volatility of the currency pair for the selected depth of history. Volatility — this term is used to refer to fluctuations in trading prices over a certain period of time. The wider the range of price fluctuations, the higher the volatility. It is desirable for every trader to have an idea about the volatility of a trading instrument, because different levels of volatility are suitable for different strategies and psychological models.
The main idea of this indicator is rates analysis and prediction by Fourier transform. Indicator decomposes exchange rates into main harmonics and calculates their product in future. You may use the indicator as a standalone product, but for better prediction accuracy there is another related indicator - FreqoMaster - which uses FreqoMeterForecast as a backend engine and combines several instances of FreqoMeterForecast for different frequency bands. Parameters: iPeriod - number of bars in the ma
The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag
The Trend PA indicator uses Price Action and its own filtering algorithm to determine the trend. This approach helps to accurately determine entry points and the current trend on any timeframe. The indicator uses its own algorithm for analyzing price changes and Price Action. Which gives you the advantage of recognizing, without delay, a new nascent trend with fewer false positives. Trend filtering conditions can be selected in the settings individually for your trading style. The indicator
Trade with Gann on your side!! MASTER CIRCLE 360° CIRCLE CHART, originally created by Gann admitted that this is “The Mother of all charts”. It is one of the last studies that this great trader left for us. The numeric tab le is apparently quite simple like all the tables and is based on square numbers, the SQUARE OF 12 and is by evolution, one of the most important square numbers. Here we can find CYCLE, PRICE AND TIME thanks to angles and grades, to show past and future support and resistance.
This indicator will detect harmonic patterns that are drawn on the chart by manual and automatic methods. You can see user manual from this link: https://www.mql5.com/en/blogs/post/719257 There is a free version to try this product. You can use it to detect Gartley and Nenstar patterns: https://www.mql5.com/en/market/product/30181 Notes Indicator has control panel and it will save every (chart & timeframe) settings. You can minimize it to have more space on chart and you can press close button
The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple
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 fo
"The trend is your friend" is one of the best known sayings in investing, because capturing large trendy price movements can be extremely profitable. However, trading with the trend is often easier said than done, because many indicators are based on price reversals not trends. These aren't very effective at identifying trendy periods, or predicting whether trends will continue. We developed the Trendiness Index to help address this problem by indicating the strength and direction of price trend
Free automatic fibonacci is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications). Features: without delving into the Elliott wave theory, you can immediately open one of
GOLDEN CHIP TUTORIAL LINK BELOW! https://youtu.be/R69zucG3EnY Golden Chip provides Basic Market Structure, Fibonacci, supply and Demand Zones. Letting you identify when a sell off point is approaching or when a buy opportunity is arriving. The awesome thing about Golden Chip is that, you will see rejection levels or continuation before ANYBODY ! This indicator moves directly with price and lines up perfectly with the Chart. Some indicators would lag but NOT this one ! Golden Chip is amazing f
The Daily Fibonacci Levels is an indicator designed for displaying the Fibonacci levels by days using horizontal lines. Displayed levels: +100% (high) +61,8% +38,2% +23,6% average = (high+low)/2 -23.6% -38.2% -61.8% -100% (low) The indicator provides the ability to specify the hour to consider the start of the day. This may be necessary if the dates on the server are changed during the trading session. Parameters StartHour — the hour for this indicator to consider as the start of a new day.
Japanese candlestick analysis is one of the most used methods for determining a reversal or continuation of a trend. The Colored candles and patterns indicator can display the names of many famous candlestick patterns on the chart and signal when they appear. In addition, some candles, not being a specific model, have a strong tendency to continue the movement, or its turn. Using this indicator, you can see such candles - they are displayed in different colors. This indicator calculates the par
A professional version of the ZigZag indicator for visualizing the structure of price movements by fractals. Fractal ZigZag fixes the flaws of the standard version of the ZigZag indicator MT4. It uses Price action and a unique filtering algorithm to determine fractals. Suitable for all types of trading. Ideal for trading according to the WM pattern "Sniper" strategy !!! Features Marks the place of price reversal during the formation of a new fractal with specified parameters. Suitable for
Description: - D ay Pattern - an indicator that helps to identify patterns of price changes for the development of trading algorithms and strategies. For whom this tool? - For developers of trading strategies and algorithms. - Medium- and long-term traders. Time frames H1-W1. Features of the indicator: - There is a function of exporting indicator values to a file of the csv format. - Using the information panel, you can conduct an express analysis of trading tool. - The indicat
红盘手交易助手，该EA不会自动交易，属于辅助工具，参考4小时图表波动率参数，自动给订单设置止损和止盈，以及追踪止损。策略带有风控标准，如下<1K为50 >1K<1W为100, >1W<5W为500, >5W<10W为1000, >10<20为2000。最大的特色是资金管理和风控功能。显示信号为5日平滑均线方向，布林线中轨平仓功能，开仓警报提醒功能，手数资金恢复功能，该EA可以在历史数据测试时下单，所以它相当于复盘工具。注意EA会修改所不带止损和止盈品种的定单，并执行风控标准。EA参数经过实盘反复验证和优化，可以直接使用默认参数。 参数与功能: FixBuy_target 指定后统一修改当前品种所有多单的止盈价； FixSell_target 指定后统一修改当前品种所有空单的止盈价； 一比一恢复资金 默认不启用，启用盈利按固定亏损金额数字平仓； Boll_close_order 默认不启用，启用后价格遇到布林线（周期30）中轨平仓； Lots 设置固定手数，开启UseMM后无效； UseMM 默认启用资金管理； 风险系数 启用； ATR止损基数 默认按4小时
The Volcano Pro trend indicator is designed mainly for long-term trading on periods H1, H4 and D1 By changing the Amplitude for Calculation parameter, it can be used for both medium-term trading and intraday scalping. Signals to enter the market come in the form of arrows on the chart, at the opening of the next candle, you can open a deal. The indicator draws Stop Loss levels for convenience. It can send messages to the terminal on your smartphone, indicating the direction of trade and the Sto
CorrelationUSD is a basic indicator, which is located on the chart. This tool allows you to monitor the relationship between assets, it reliably determines the patterns of quotation changes of one relative other asset. What is the indicator? All basic assets are interconnected, first of all, by a full complex of essential fundamental factors. For example, most currency pairs have a strong influence on measurements of each other’s quotes. Trends of this kind create macroeconomic news.
Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced
The indicator calculates the historic price statistics: the number of intersections of a level and the number of rollbacks. The levels are set as horizontal lines (the 'Horizontal lines' element on the Toolbar) manually, are are drawn automatically by the indicator with the specified step. Only strong levels are drawn in the automated mode. There are two options for the automated mode: 1. Strong levels of intersection and support/resistance; 2. Strong support/resistance levels. The indicator use