Technical Indicators for MetaTrader 4 - 27

this code originally published on other platform by LuxAlgo from other programming language.  It has acceptable Trend Prediction abilities which can be used for many trading purposes. here is some description from code generator: This indicator builds upon the previously posted Nadaraya-Watson smoothers. Here we have created an envelope indicator based on Kernel Smoothing with integrated alerts from crosses between the price and envelope extremities. Unlike the Nadaraya-Watson estimator, this in

The MT4 Channel Standard Deviation Indicator automatically plots support and resistance channels on the price chart using price standard deviation. It indicates BULLISH and BEARISH market conditions and is suitable for both new and advanced forex traders. This indicator offers support, resistance, entry, and exit levels, along with stop-loss and take-profit points. It accurately identifies BULLISH and BEARISH market trends, making it effective for both intraday and long-term trading across va

Product detailed post: https://www.mql5.com/en/blogs/post/756962 Get free demo from the link in above post. Features: - Multi Heiken Parameters - Alerts & Highlights for Heiken Switch - Heiken Alignment Alerts - Multi-timeframe Alignment Alerts - Multi Currency Heiken Explained: Heiken Settings: All comma separated lists will be used for different heiken ashi's. Example: 5,40,188 will mean that MAPeriod1 in 1st heiken will be 5; In 2nd heiken will be 40 and in 3rd heiken ashi will be 1

Make no mistake, this is not just another indicator; it's much more than that! Welcome to a groundbreaking approach! Sunrise Divergence is not just another tool; it represents a deep understanding in how market dynamics are analyzed and traded. This indicator is crafted for traders who seek to navigate the markets with precision, leveraging the powerful concept of asset correlation, both positive and negative, to unveil trading opportunities that many overlook. In the markets, understanding t

Squat bar. One of the signals of the "Trade Chaos" system of Bill Williams. It is calculated based on the difference in price changes and tick volume. Strengthens the signal of the "Bearish/Bullish Divergent Bar (First Wiseman)" if it coincides with it or is nearby. Tested in comparison with the original program "Investor's Dream". For more effective development of the system, read and see the materials of Bill Williams. In the settings you can choose the color and width of bar. (Widt

Check my p a id tools they   work  perfect please r ate Adjustable PIN BAR indicator is usefull tool alowing to search for pin bars you wish to find on the price chart, it has 2 parameters to filter out what type of pin bars you wish to search for: 1) MinTailProc 75% (default) which means to show pin bars that has minimum size of the Nose (Tail) as 75% of full candle size. If Upper Nose (Tail) size of the candle is minimum 75% of the candle size fully than candle is painted in RED. If Lower Nose

RaysFX StochRSI Presentiamo un indicatore MQL4 sviluppato da RaysFX, un rinomato sviluppatore nel campo del trading algoritmico. Questo indicatore è una combinazione semplice ma potente di due indicatori popolari: RSI e Stocastico. Caratteristiche principali: RSI : Un indicatore di momentum che misura la velocità e il cambiamento dei movimenti dei prezzi. Stocastico : Un indicatore di momentum che confronta il prezzo di chiusura di un titolo con la gamma dei suoi prezzi durante un certo periodo

FuturePriceM15 - один из немногих индикаторов, который делает прогноз цены прямо на ценовом графике. Алгоритм расчета индикатора основан на быстром преобразовании Фурье. Имея колебательное поведение цены, функция Фурье прогнозирует ее поведение в дальнейшем. Индикатор устанавливается обычным образом на график с торговым инструментом указанным в переменной symbol с периодом M15 , данный временной период является самым оптимальным для работы с любыми торговыми символами. После установки, индикато

The GTAS BSI is an indicator designed to provide the trend direction and buy/sell signals, using combination of momentum indicators. This indicator was created by Bernard Prats Desclaux, proprietary trader and ex-hedge fund manager, founder of E-Winvest. Description The BSI indicator is represented as a histogram under the price chart. +100 (green) value indicates a bullish trend. -100 (red) value indicates a bearish trend. When the BSI turns to +100 (green), it gives a potential buy signal. W

Top and Bottom Scalper  BINARY AND FOREX   The signals indicate strong reversal points (Tops/bottoms)- The indicator gives accurate signals on any currency pairs and instruments. It also has a setting for adjusting the frequency of the signals. It is further strengthened and made robust by the support and resistance zones. There are different qualities of zones as per robustness. Inputs ZONE SETTINGS;  BackLimit - default is 10 000. Check the past bars for formations.  First Time Fram

This indicator is designed for calculating the value of points for the specified lot sizes. The MT5 version is here  https://www.mql5.com/en/market/product/29230 Description by lines Line 1 - deposit currency. Line 2 - lot size (10 input parameters) . All further values are calculated into columns below each lot size. Line 3 - calculation of value for one point. Line 4 - calculation of value for spread. All subsequent lines - calculation of value for points (20 input parameters) . All you need t

Double Price Channel   Price channel indicator for a certain number of bars specified in the settings. Indicator lines represent dynamic support or resistance levels. The upper limit is the price maximum for a certain number of periods, the lower one is the minimum. Unlike moving averages, which are based on close prices, the indicator is not “distracted” by small fluctuations. It will be recalculated only if the boundaries change. If the latter happens, then it is worth seriously thinking abou

Macd Predictor   Macd's main chart indicator If you like this indicator , Dinapoli Levels Expansion and Retracement Demo is a helpful tool: https://www.mql5.com/en/market/product/35884 1. You can determine the price at which the MACD will change from buy to sell, and vice versa. It is the cousin of the oscillator predictor. If you know a position at the time, then the exact price, current and next (future) columns will need to reach the MACD crossover. You can also see how far the market has t

Investment Castle Indicator has the following features: 1.  Dictates the direction of the trend in different Timeframes . 2.   Shows the hit rate and winning rate on the chart. 3. This indicator does not repaint the chart. 4. This indicator is built-in the Support & Resistance based Investment Castle EA which works with   Psychological Key Levels "Support & Resistance" Indicator.

Th3Eng HistoMaster  indicator Free Histogram Indicator to detect the current trend direction. The indicator is based on CCI indicator. Also draw arrows when it detect the trend is strong buy or strong sell, with Alerting system (Popup with sound, Email alerting and mobile notification). Also draws a dashboard shows all Time-Frames' current signal. Requirements works with all pairs, stocks, CFDs and crypto currencies. works with all Spreads works with all Account types works on all Time-Frames

A very simple and intuitive indicator that shows the deviations from the moving average in percent. The default is a 50-day moving average. Just throw on the chart and the indicator build in a separate window under the graph. This can be very convenient if your strategy implies a certain deviation in percentage of the moving average. It is not very convenient to calculate it manually. The method of averaging, the period of the moving average and at what prices to build all this is selected in

This MT4 chart trend checker cuts through the noise of market volatility to provide a clearer picture of trends and price movements. It includes the following features that can provide more clarity during market assessments: 1 customizable multi-period moving average Optional Heikin-Ashi candles 3 switchable focus modes Distinct colors for easy analysis Link to MT5 version: https://www.mql5.com/en/market/product/106707/ This indicator shows your preferred moving average from multiple time fr

TREND SHOOTER   Without alerts It is a trend indicator based on moving averages that very efficiently calculates changes in market direction. This has the ability to anticipate changes of direction very early. FEATURES This indicator particularly draws two moving averages that are used only to show color changes. they can wear these moving stockings as they wish as they do not affect the color change behavior bullish blue color bearish red color where the line is interrupted it is not

The indicator searches for and displays Doji candlesticks on the chart and signals the appearance of such a candle. The direction of the signal depends on the direction of the previous candles, as the Doji signals a reversal or correction. In addition to the possibility of signaling, the power of the reversal is graphically shown (the more green, the more likely growth, the more red, the price will fall). In the indicator settings, you can change the parameters of the Doji candlestick, the closu

Intraday Setup Indicator uses Bollinger Bands as a main indicator to find a good setup filtered with candle stick pattern  such as engulfing and pin bar. This is great tool for those who trade with Bollinger bands for entry or use it as a filter for trend. It is suggested to use a higher time frame when using this tool. There are many input setting for user to conveniently find a good probability setup. 

KF Trix V1.00 The triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets and is also a momentum indicator. The triple smoothing of moving averages is designed to filter out price movements that are considered insignificant or unimportant. About Software details and MQL login link Copyright 2022, Forex KRAL

The Forex   S canner  I ndicator is a tool that helps traders   identify   and   analyze   9 different strategy signals  in   28 different Forex Markets. This way you can find potentially   profitable   trades on almost every currency exchange. What It Does? Scan   all 28 Forex Pairs at the current timeframe   to   find the signal. Color the button Green/Red/Yellow it finds the condition. Clicking   on the button instantly   changes   the market. How To Use It? Select the signal condition th

The indicator shows the regression channel, in the calculation of which the gold Fibonacci section is used Levels are not built as graphical objects, but use indicator buffers - this allows using this indicator in Expert Advisors Near the channel borders price corrections and reversals are most probable Allows trend and counter trend trading within the channel The slope of the channel shows the direction of the market, and its width - the current volatility. Works on all timeframes, all currency

Please contact me at telegram  https://t.me/smartforex7 After purchasing SmartForex Indicator then Use This Indicator...................... SMART EXIT PROFIT LINE Indicator is very Helpful with SmartForex Indicator ........................................ SMART EXIT PROFIT LINE Indicator Attach with SmartForex Indicator after then Red Line Show Exit buy Profit , Green Line show Exit Sell Profit................

ADR 20 mostra l'intervallo medio di pips di una coppia Forex, misurato su un numero di 20 giorni . I traders possono utilizzarlo per visualizzare la potenziale azione dei prezzi al di fuori del movimento medio giornaliero. Quando l'ADR è al di sopra della media, significa che la volatilità giornaliera è superiore al normale, il che implica che la coppia di valute potrebbe estendersi oltre la sua norma. L'ADR è utile anche per il trading di inversioni intraday. Ad esempio, se una coppia di v

Features: - Moving Average Slope for Max Past Bars - Slope Period - Slope Thresholds - Multiple Slope Type options - See slope visually as a histogram - Info Panel Show/Hide Slope Calculations and Types: The slope value is calculated using the Slope Period. Suppose Period is 5, it will check the MA value for bar (x) and bar (x+5). And find the slope angle between them. Read detailed description about Slope Types and Settings here: https://www.mql5.com/en/blogs/post/747651

After 7 years I decided to release some of my own indicators and EAs for free. If you find them useful please  Show support with a 5-star rating! Your feedback keeps the free tools coming! See other my free tools as well here _________________________________ Bollinger %B Indicator for Enhanced Forex Trading Analysis The Bollinger %B Indicator, expertly crafted in MQL4, is a dynamic tool designed to revolutionize forex trading analysis. Leveraging the power of Bollinger Bands

Multi timeframe fractal indicator which shows the higher timeframe's fractal point on lower timeframes. Parameters Fractal_Timeframe : You can set the higher timeframes for fractals. Maxbar : You can set the maximum number of candles for the calculations. Up_Fractal_Color, Up_Fractal_Symbol, Down_Fractal_Color, Down_Fractal_Symbol : Color and style settings of the fractal points. Extend_Line : Draws a horizontal line from the previous fractal point until a candle closes it over or a user-speci

*This is tradingview indicator converted to mql4* The Chandelier Exit Indicator is a popular technical analysis tool developed by Chuck LeBeau. It is designed to help traders identify potential exit points for their trades based on market volatility and the concept of trailing stops. The Chandelier Exit Indicator consists of three main components: Average True Range (ATR): The indicator utilizes the Average True Range, which measures market volatility. The ATR calculates the average range bet

ReviewCandleChart is a unique product that can verify past price fluctuations using candlestick charts. This indicator accurately reproduces market price fluctuations in the past and can make trading decisions (entries, profits, loss cut) many times so that you can learn the trading faster. ReviewCandleCahrt is the best indicator to improve trading skills. ReviewCandleCahrt caters to both beginners and advanced traders. Advantages of the indicator This Indicator for verifying price fluctuation u

Индикатор отображает размер бара и его направление. ---------------------------------------- Цвета гистограммы: * Красный - Медвежий бар. * Зелёный - Бычий бар. * Серый - Цена открытия и цена закрытия равны. * Синяя линия - скользящая средняя. ---------------------------------------- Параметры: - Type of Calculation - Тип расчёта ( Low to High, Open to Close ) - Moving Avarage - Период скользящей средней

The FxSProMT indicator shows the current market trend and trend change. Indicator Parameters Ind_Period - the number of previous bars used to calculate actual values. Number_Bars - the number of bars to display the indicator.. Too many bars may significantly slow down the operation of the trading terminal. Signal_Sound - sound alert to notify of trend change. The sound can be played multiple times until the signal is confirmed (the bar closes). Default is disabled. Signal_Alert - an alert to n

Binary options tester Trading panel to test your strategies according to the rules of binary options. Scope: Set the percentage of profit from the transaction. Set the expiration time in seconds. Set the bet size Set the Deposit amount. Make several deals in a row. Keep track of the time before expiration. The tick chart with trade levels is duplicated to an additional window for accuracy. It allows you to work both in the testing mode and in the real quotes mode. The program gives an idea of bi

VR Ticks is a special indicator for scalping-based strategies. Thanks to this indicator, the trader can see the tick chart directly on the main chart of the financial instrument. A tick chart allows you to enter a position into the market or close a position in the market as accurately as possible. VR Ticks plots tick data in the form of lines that change color depending on the direction - this allows you to visually understand and assess the situation on ticks. The advantage of tick charts is t

This indicator shows us the trend or direction of the market and a possible stop loss This indicator works with two parameters, period and multiplier. Buy and sell signals are generated when the indicator crosses the closing price and it changes color. This indicator is used in all types of markets such as stocks, futures, forex, cryptos, additionally it can be used in different time periods: hours, daily, weekly, etc. It is recommended not to use it while the market is sideways, this can

Supertrend Moving Average A combination of Supertrend and Moving Average to create a converging trade setup Input parameters: signal mode: set it to true if you want to plug it into   STAT (Signal Tester and Trader) arrow shift: distance between fast EMA line to arrow on chart turn on moving average signal for converging setup supertrend period ATR multiplier Moving average period Averaging method Pricing You can find the best setting for 4 hour EURUSD on  this video

This product receives information from indicators/signal tools and displays arrows or notifications when specific conditions are met. For example, arrows and notifications are shown when MA25 and MA50 cross, when SAR reverses, when MACD changes its plus/minus, or when the closing price crosses the Bollinger Bands. Please refer to the sample settings image for specific configurations. For detailed manuals and configuration files: https://www.mql5.com/en/blogs/post/755082 A free version

Bigger chart labels would allow the user to be entirely aware of which chart he/she is on. Each chart window is unique, containing different patterns and economic motives so acknowledging the chart window would be absolutely essential! There are well known Economic Time Zones included in clear view, by choice!    Simple does it! Use your computing mouse scroller, clicking with the right finger on the label, in order to customize the label properties. From there, choose your preferred color, fon

Introducing Round Range 5, a versatile and dynamic indicator designed to optimize your trading strategies on MT4. Let's explore how this indicator can revolutionize your trading experience by adapting round number levels to suit the unique characteristics of each instrument. In the fast-paced world of financial markets, round numbers play a crucial role. These price levels, ending with multiple zeros or other significant digits, often act as psychological barriers that influence market sentim

Have you ever wondered which currency is the strongest at any particular time? Or which currency pair is trending the most. Well, the currency strength meter helps with just that.  It compares  USD ,  EUR ,  AUD ,  CHF ,  GBP ,  CAD  and  NZD  depending on the timeline you have chosen in settings, and ranks them on the number of pips each has moved compared to the rest. N/B:   All currency charts of the above pairs must have loaded. You can do this by highlighting all major and minor currencies

Simple indicator that shows your history in pips and profit. You can use it to follow your progress on the positions. It shows you the trade progress only for the symbol that the indicator is on and only for your trade history. Label text is updated when order is closed. The text can be displayed on each corner, it is in the parameters. Basic input parameters: Label color Font size Conrner position Anchor position Note: corner and anchor have to be the same position.

The implementation of the impulse system described by Dr. Alexander Elder. The indicator colors the bars according to the following pattern: Moving average and MACD histogram increase - green bar, it is forbidden to sell; Moving average and MACD histogram have different directions - blue bar, the ban is removed; Moving average and MACD histogram decrease - red bar, it is forbidden to buy. Indicator Parameters EMA - period of the indicator's moving average MACD Fast - period of the fast moving

This indicator allows to hide OBV (on all MT4 timeframes) from a date define by the user with a vertical line (Alone) or a panel (with "Hidden Candles"). Indicator Inputs: Apply To Information on "On Balance Volume" indicator is available here:   https://www.metatrader4.com/en/trading-platform/help/analytics/tech_indicators/on_balance_volume ************************************************************* Hey traders!!  Give me your feeds!  We are a community here and we have the same objective....

The SFT Fibo Smart Pivot indicator is a powerful trading tool based on the Fibonacci Golden Ratio, designed to identify key support and resistance levels in the forex market. This indicator has the ability to pinpoint significant price levels that can serve as entry and exit points for trades. It enables traders to analyze the market more effectively and make well-informed decisions. The indicator uses the Fibonacci Golden Ratio to accurately determine support and resistance levels. These levels

It is another simple information indicator. This indicator shows the current spread of a financial instrument and the value of one point with a volume of 0.10 lot. About the Spread Spread is the difference between the Ask and the Bid price of an asset in the stock or currency exchange. Let's refer to Central Banks and currency exchange in these banks, in order to understand why Spread is so important in currency trading. In Central Banks, we always see the difference between the buying and the

BBMA, which stands for  Bollinger Bands  and Moving Average , is a trading method that is quite popular and widely used not only in the forex market but also in the stock and commodity markets. This strategy is different from another version of BBMA called BBMA Oma Ally, which uses two Moving Averages. In the BBMA strategy, traders   use the Bollinger Bands to spot possible changes in direction and the Moving Average to decide when it's a good time to get in on a trade .  

The VR Grid indicator is designed to create a graphical grid with user-defined settings. Unlike the standard grid , VR Grid is used to build circular levels . Depending on the user's choice, the step between the round levels can be arbitrary. In addition, unlike other indicators and utilities, VR Grid maintains the position of the grid even when the time period changes or the terminal is rebooted. You can find settings, set files, demo versions, instructions, problem solving, at [blog] You can

Grey worm  This indicator is a group of indicators combined Volatility and saturation give us buying and selling and many more things Use this indicator with your technical analysis or strategy Do not use it alone and it will give you very good results It is valid to work on all pairs, metals and instruments If you have any question, I will be happy to answer it Please do not forget to rate the good and the positive comment

Very useful indicator, you won't be able to be without it. Essential for scalping. It shows rebound levels, top and bottom, forming a fork that surrounds the price. Each level has two blue controls associated to change it, has one green control for rebound mode: High/Low or Open/Close, and has a red breakage alert control. The values ​​of each level,  and the distance between levels in pips, are shown at the top left. Features: -T wo independent modes of operation: High/Low, Open/Close. -When on

Normalized indicator. It measures the relative deviation of the price from its moving average. It is extremely reliable. Accurately determine overbought and oversold price areas and divergences. Features. The indicator has a range of -100 to 100. The overbought zone is above 80 and the oversold zone is below -80. Zones of overvalue, indicate possible reversal. Mode: histogram/line. MA method: simple, exponential, smoothed, linear weighted. By default, the indicator is calculated on an SMA of

Simple indicator that shows internal (inside) bars. Internal bars are probably one of the best price action setups to trade Forex with. This is due to the fact that they are a high-chance Forex trading strategy. They provide traders with a nice risk-reward ratio for the simple reason that they require smaller stop-losses compared to other setups.  They can also be successfully utilised as reversal signals from key chart levels. Inside bar is a series of bars contained within the range of the c

The range indicator means the average daily price movement. For convenience, it is visually displayed on the charts, but with the H4 timeframe and below. The indicator is redrawn daily and the gaps are included in the calculation. An additional dotted line means 80% of the daily movement passed. An important tool in the arsenal of a professional trader or someone who wants to become one. PrimeTools is a series of products designed for correct and professional trading. [ PrimeTools Levels | Prim

If you are boring in repeatedly changing of trading symbol in every charts when use multiple charts to analyzing prices or trading. This indicator can help you. It will change the symbol of any other charts in the terminal to the same as in the chart you have attached this indicator to it whenever you add new symbol to the chart or click on the button. After finished the job it will sleep quietly waiting for new occasion in order to minimize resource usage of the computor.

The indicator works as an extension that recolors the candles and the background in the terminal at the click of a button (Night Theme / Day Theme). The user can also set the display of the watermark of the symbol, and specify its size. The interactive menu allows you to toggle the display of the Ask value. And switch chart scaling from adaptive to fixed with one click. You can add your favorite color to the settings for switching.

Check out other great products from  https://www.mql5.com/en/users/augustinekamatu/seller   This indicator finds the entry points based on divergences of common indicators and does not repaint . The principles used ensure that it can be used on CFDs, Commodities and Stock with incredibly great results. With proper money management and portfolio balancing the Indicator can be applied to any trading strategy to generate consistent profits. A Winning Trading Strategy This article describes the co

LEADING AND LAGGING INDICATORS DASHBOARD https://www.mql5.com/en/users/earobotkk/seller#products P/S: If you like this indicator, please rate it with 5 stars in the review section, this will increase its popularity so that other users will be benefited from using it. This dashboard scans all time frames(M1,M5,M15,M30,H1,H4,D1,W1,MN1) and shows up trend and down trend for MACD, PSAR, RSI, STOCHASTIC, MOVING AVERAGE, BOLLINGER BANDS by changing the colours of the relevant boxes.   It also shows c

This indicator filters the Zigzag indicator to calculate the main support and resistance levels. Variables minimum gap between peaks : is the distance (GAP) between the peaks of the Zigzag peaks sensitivity : Minimum number of nearby peaks look back: it means that it has to test the last 50 peaks in the Zigzag object name perfix: a prefix for level’s line name on chart

Double Exponential Moving Average ( DEMA ) is a moving  average (MA) that gives the most weight to recent price data.Like exponential moving average (EMA), it is more reactive to all price fluctuations than a simple moving average (SMA) and so DEMA can help traders to spot reversals sooner, because it is faster responding to any changes in market activity. DEMA was developed by Patrick Mulloy in an attempt to reduce the amount of lag time found in traditional MAs. ( TASC_Feb. 1994 ). DEMA can al

TrendFinder VolumeI are Colored candlesticks showing the trend based on Volume and Slope of Trend This indicator will give you the color change on the next bar on the confirmation candle and will never repaint Lime Green = Possible Buy (Volume up),  Teal Green = Bullish Weak (Volume Decreasing), Red = Possible Sell (Volume up) , Orange = Bearish Weak (Volume Decreasing) TrendFinder Volume is optimize to trade on any market and to be used trending and None trending markets. For best results us

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,

Indicador Gratuito desarrollado por Mr Beast Inversiones Mr Beast : Gestión de riesgo profesional. Brindo a la comunidad la entrada a productos de M Beast. Echar un vistazo a mis señales y expert advisors. Descuentos de hasta 70% Diclaimer: La negociación en Forex, CFD y Opciones conlleva un riesgo de pérdida sustancial y no es adecuada para todos los inversores. El alto grado de apalancamiento puede actuar en su contra y también en su favor, Antes de decidirse a operar en productos tan apalanca

This indicator integrates the Bollinger Band strategy in calculation with a volume-over-MA calculation to further narrow down "Areas of Interest" levels for a potential re-test zone to the right of the chart. We added a Moving Average calculation for a multi-level cloud and further broke down more conditions to highlight both volume flow crossover on the High and Extreme High MA's and also high and extreme high volume spikes on set period average without bull\bear conditions. Original Bull

This indicator is based on the ADX indicator and indicates the trend very easily. You can customize the indicator to your needs: ADXPeriod ADXSignal_Level BarWidth CandleWith HeikenAshi The    Adx color candles  indicator is fully FREE and compatible with the other part of the system; the Acc arrow >>>>  https://www.mql5.com/en/market/product/33770 ENJOY and check out my other indicator:  https://www.mql5.com/en/market/product/32111

How To Trade Execute your trades in 3 Easy Steps! Step 1: Trade Setup Entry Buy = If daily open market Above Line PIVOT or can Price has touched and closed the candle above Resistance1. Entry Sell = If daily open market Under Line PIVOT or can Price has touched and closed the candle above Support1. Step 2: Set Stop Loss Stop loss BUY ----> You can set stop loss on Line Pivot or Support1.  Stop loss SELL ----> You can set stop loss on Line Pivot or Resistance1.  Step 3: Set Take Profit Take pro

The product helps to find the highest peak and the lowest low. Help investors optimize profits. With a win rate of up to 80%. You do not need to adjust any parameters. We have optimized the best product. Your job just need to see and trade. Products with technological breakthroughs. Contact other products: https://www.mql5.com/en/users/hncnguyen/news.

Are you tired of having many open charts and watching many different currency pairs? M‌CTSI will monitor the strengths of 56 currency pairs and show you the best pairs to trade, no more guessing which currency is stronger/weaker, no more trading a pair that is not moving positively. This is the BASIC version. MCTSIP is the more advanced version and can be found here: https://www.mql5.com/en/market/product/20994 You may have many charts open trying to determine the best currency pair to trade on

I created this simple indicator while I was learning about Rob Smith's TheStrat and find it so helpful, I thought I would share it with you. If you find it useful, please look at the other indicators I have published on MQL5. The indicator simply draws a single line on the chart showing the price level you select from a higher timeframe. Using the settings you have full control over the timeframe it displays but b y default, it calculates the higher timeframe itself, just moving up the scale by

The Pairs Spread indicator has been developed for the popular strategy known as pairs trading, spread trading, or statistical arbitrage. This indicator measures the distance (spread) between prices of two directly (positively) correlated instruments and shows the result as a curve with standard deviations. So, traders can quickly identify when the instruments are too far apart and use this information for trade opportunities.  How to use the Pairs Spread indicator Best results are attained wh

The Pairs Cross indicator is a unique tool for negatively correlated trading instruments, such as EURUSD and USDCHF currency pairs. It is based on a concept called pairs trading (or spread trading). Our indicator compares the strength of two currency pairs that are inversely correlated and quickly tells you when it’s time to buy the first pair and short a second pair, and vice versa. This is a straightforward approach to trading currency pairs that works very well. How to you use the Pairs Cr

Provide ideas for trend trading. Automatic calculation and generation of trend channels. The channel line, also known as the pipeline line, is to draw a straight line parallel to the trend line in the opposite direction of the trend line, and the straight line crosses the highest or lowest price of the recent period. These two lines run the price in the middle and have obvious pipe or channel shapes. Necessary for traders: tools and indicators Waves automatically calculate indicators, chann