New Expert Advisors and Indicators for MetaTrader 5 - 160

This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . This is the FREE version of the indicator: https://www.mql5.com/en/market/product/29957 The free version works only on EURUSD and GBPUSD! Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal tren

MMM Ichimoku EA strategy The robot uses its built in Ichimoku indicator all the time and does a calculation to determine the prices trends. If it indicates the price will be bullish, it sends a buy order. If the indicator indicates the price will be bearish, it sends a sell order; It will not send an order unless the calculations determines a good trend; It protects your money because it is provided with Trailing stop loss to protect your profit. Once your order has a positive profit, it sets

This indicator is designed to detect high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Double top and bottom patterns are chart patterns that occur when the trading instrument moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). The patterns usually occur at the end of a trend and are used to signal trend reversals very early. What this indicator detects: This indicator detects a special form of Double Tops and Bottoms, so called Double To

MMM ADX, P. SAR & MA strategy: As requested by some experienced traders, this EA's strategy uses its 3 built-in indicators to enhance its signals and decide to open a new order at the right time, there is an ADX indicator and you may choose its signal's strength, a parabolic SAR to help and confirm the trends and a MA to check if the prices are deviating from its patterns. By joining the 3 indicators' data, it is possible to calculate a good and strong trend direction, avoiding sudden market mov

With this system you can spot high-probability trades in direction of strong trends. You can profit from stop hunt moves initiated by the smart money! Important Information How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718109 Please read also the blog about the usage of the indicator: Professional Trading With Strong Momentum. With this system you have 3 reliable edges on your side: A strong trend (=high probability of continuation) A deep pu

MRS Indicator : Moving Relative Strength. Indicator developed by me to use custom Moving Average and characteristics of Relative Strength in one line. If you have any questions about the indicator, your comments are welcome. MRS features Works for all timeframes. 100% non-repaint indicator. Settings are changeable as a user needs. Recommend to use this product on smaller timeframes: M5, M15. Parameters Period RSI - number of bars to calculate a RSI value. Recommended values 5-55 Price RSI :

This scanner shows the trend values of the well known indicator SuperTrend for up to 15 instruments and 21 time frames. You can get alerts via MT5, Email and Push-Notification as soon as the direction of the trend changes. Important Information You have many possibilities to use the scanner. Here are two examples: With this scanner you can trade a top-down approach easily. If two higher time frames e.g. W1 and D1 are already showing green values (upward trend) but the H12 time frame shows a re

The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive

Supporta is a trading indicator that automatically identifies support and resistance levels and their strengths from price movements and draws them on price charts. The instrument supports both the MetaTrader 4 and MetaTrader 5 terminals and can be used on any financial instrument and any timeframe. The MetaTrader 4 version is available on the market as Supporta MT4 . For full documentation and quick start, please refer to the official guidebook which is available for download in the comments se

TCP - Trader Control Panel is an extension to build into MetaTrader 5 manual methods to control open positions. It adds opening and closing position feature as well as user-friendly monitoring dashboard, money and risk management when opening. Opening and closing positions are done by mouse by interactively placing stop loss line on appropriate level or by pressing predefined keys on keyboard. Before opening a new position, the EA calculates such lot size, which will guarantee you no more losses

TCP - Trader Control Panel is an extension to build into MetaTrader 5 manual methods to control open positions. It adds opening and closing position feature as well as user-friendly monitoring dashboard, money and risk management when opening. Opening and closing positions are done by mouse by interactively placing stop loss line on appropriate level or by pressing predefined keys on keyboard. Before opening a new position, the EA calculates such lot size, which will guarantee you no more losses

This is a demo version of a non-trading expert , which utilizes so called the custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place the EA on a chart of a working instrument. The lesser timeframe of the source chart is, the more precise resulti

This non-trading expert utilizes so called custom symbols feature ( available in MQL as well ) to build renko charts based on historical quotes of selected standard symbol and to refresh renko in real-time according to new ticks. Also, it translates real ticks to the renko charts, which allows other EAs and indicators to trade and analyze renko. Place RenkoCharts on a chart of a work instrument. The lesser timeframe of the source chart is, the more precise resulting renko chart is, but the lesse

The True channel indicator plots the linear regression channel. The channel consists of two lines of support and resistance, as well as the averaging trend line. Additional information in the indicator support and resistance price for the current bar channel width channel inclination position of the channel price relative to the channel in percent Settings Bars for calculation - the number of bars to plot the channel Price for calculation - the price for plotting the channel boundaries (Clos

I recommend you to read the   product's blog  (manual) from start to end so that   it is clear from the beginning what the indicator offers. The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI, Bollinger Bands and ATR filter options which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout,

This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu

This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M3 to MN, but it uses the history data of smaller periods: M1 - for periods from M3 to H1, M5 - for periods from H2 to H12, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle are consider

EA Mbot News Trader MT5 is an Expert Advisor based on a classical news trading strategy. You just need to configure from properties News time and the rest is automatically handled by the robot. The Expert Advisor uses pending orders expecting both breakout and rollback. Before news release, the EA places two pending orders at a preset distance from the current price. Once one of the orders triggers, the second one is deleted. A common trailing stop is used to manage positions. If a news release

The indicator shows the upper, middle and lower price limits for a certain period of time. Also, two Moving Averages (MAs) are displayed. Parameters CTType : corridor basis. _Hour : hours, _Day : days, _Bars : bars CTPrice : price type, by bars. OpenClose : Open/Close prices, HighLow : High/Low prices CTShift : corridor shift CTNum : how much to consider for building a corridor, min 2 CTPeriodFast : Fast period, min 2 CTShiftFast : Fast MA shift CTMethodFast : Fast averaging method CTPeriodSl

The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more

This Expert Advisor's main strategy is based on the usage of two kind of indicators: two built-in shifted MFI (Money Flow Index) to measure the asset prices oscillations and two Moving Averages calculated over Open Prices and Close Prices to confirm the trends. It combines these indicators signals in order to get stronger signals and ensure the EA will do good trading operations. It protects your money because it is provided with : Trailing stop loss to protect your profit. Once your order has a

Are You Tired Of Getting Hunted By Spikes And Whipsaws? Don't become a victim of the market's erratic moves.. Do Something About It! Instantly make smarter decisions with Impulse Pro's precise balance of filters and accurate statistics. Timing Is Everything In Trading To learn more, please visit www.mql5.com/en/blogs/post/718212 Anticipate the next big move before it unfolds in 3 Simple Steps! Advantages You Get Early impulse detection algorithm. Flexible combination to different tr

The strategy is Based on the calculations of weighted volatility and related items. It uses a trading algorithm based on the price movement for avoidance trend conditions. Volatile market occurs 80% of the time. In this case, it is of great possibility to use the low volatility of EURCHF. When the trend of market, EA will stop work automatically, into the "smart avoidance state". When the market returns volatile, Transaction automatically return to normal! This EA does not use martingale or g

This utility changes the behavior of auto-scroll. It removes the need to manually disable and re-enable the auto-scroll function. Main features Disables auto-scroll - when the screen is scrolled backwards to look at the price history. Enables auto-scroll - when moved back to current history. Inputs None. Note I recommend testing when markets are open, since auto-scroll works when there are incoming ticks.

The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more

This algorithm uses statistically justified comparison of market data, numerical constant values and output values of Stochastic indicators and Moving Averages in order to take decision whether it is necessary to open a position. Prior to giving birth to a new EA, this logic was created as a result of usage of Stochastic methods and then tested on historical data and checked with Monte Carlo method, which does not guarantee any results in the future, of course. No martingale is used. The robot i

Support and Resistance is a concept that price will tend to stop and reverse at certain predetermined price levels denoted by multiple price touches without breaking those levels. This indicator plots those lines of resistance and support which helps identify points of possible reversal by confirming and marking previous and current price levels. Also, it warns when price approaches latest marked levels. Input Parameters range - the price period back to check for confirmation. confirmations -

A ready-made multitimeframe trading system based on automatic plotting and tracking of Fibonacci levels for buying and selling any symbol. Advantages Determines the trend direction based on a complex of 14 indicators ( Cx ), extremums of ZigZag ( Z ), RSI ( R ), Impulse ( I ) Displaying the values of 14 indicators comprising the trend direction ( Cx ) Plotting horizontal levels, support and resistance lines, channels View the plotting option of Fibonacci levels on any timeframe, with the abili

A ready-made multitimeframe trading system based on automatic plotting and tracking of Fibonacci levels for buying and selling any symbol. Demo version - calculation of the last 390 bars is not performed. Advantages Determines the trend direction based on a complex of 14 indicators ( Cx ), extremums of ZigZag ( Z ), RSI ( R ), Impulse ( I ) Displaying the values of 14 indicators comprising the trend direction ( Cx ) Plotting horizontal levels, support and resistance lines, channels View the pl

Market Profile helps the trader to identify the behavior if major market players and define zones of their interest. The key feature is the clear graphical display of the range of price action, in which 70% of the trades were performed. Understanding of the location of volume accumulation areas can help traders increase the probability of success. The tool can be used as an independent system as well as in combination with other indicators and trading systems. this indicator is designed to suit

This indicator shows ratios between extremes on the chart. You can specify your own ratios (e.g. Fibonacci). Parameters Most important Density - how much in details to search ratios in extremes. Bigger number means less details, smaller number means more details. Base unit is 1 bar on the chart. History - how far to go in history while searching. When you set -1, the indicator processes all bars from history. Base unit is 1 bar on the chart. Range - how far search ratios from given extreme. Ba

The indicator shows the number and ratio of ticks with the price growth and fall for each candle of the chart. The upper part of the histogram in the form of thin lines shows the number of price growth ticks (bullish strength), while the lower part shows the amount of price fall ticks (bearish strength). The thicker histogram bars is the difference between the strength of bulls and bears. A positive difference is displayed in green, and the negative one is red. The strength of bulls increases wh

This algorithm uses statistically justified comparison of numerical constant values and output values of Williams R, CCI and Stochastic indicators in order to take decision whether it is necessary to open position. Prior to give birth to a new EA, this logic was created as a result of usage of stochastic methods and then tested on historical data and checked with Monte Carlo method which does not guarantee any results in the future, of course. The bot is designed to trade during morning hours on

This algorithm uses statistically justified comparison of historical prices, moving average and output values of Williams R and Stochastic indicators in order to take decision whether it is necessary to open a position. Prior to giving birth to a new EA, this logic was created as a result of usage of stochastic methods and then tested on historical data and checked with Monte Carlo method, which, of course, does not guarantee any results in the future. The bot is designed to trade during evening

Market Waves marks reversal price points on a chart following the modified Larry Williams method. The price is preliminarily smoothed using Heikin Ashi method. Open positions in the indicator signal direction. Note the patterns formed by reversal point groups. I recommend reading Larry Williams' "Long-Term Secrets to Short-Term Trading" before using the indciator.

Super ATR is a powerful tool for analyzing the ATR (Average True Range) levels. The intuitive interface allows you to easily monitor all the main ranges of volatility. Key Features Plots the daily АТR areas on the chart. Plots the weekly АТR areas on the chart. Plots the monthly АТR areas on the chart. Displays a panel with the current values of the main volatility ranges (M5,H1,D1,W1,MN) on the chart. The areas and values in the table change their color when the ATR level is reached. Draws th

Spread Costs refers to the amount of the loss caused by the spread, and Swap Benefits refers to the amount of the income gained by overnight positions. Spread Costs is an important indicator for short-term traders, especially for scalping traders, and Swap Benefits is an important indicator for long-term traders. Since the spreads and swaps on the MetaTrader 5 platform are all expressed in points, we need to convert it into the amount expressed in the account currency. This tool can display the

The Universal Signal Dashboard (USD) is a signal dashboard or indicator matrix. It can generate a matrix of signals from values, chart and candle prices, and from the buffer output of almost any technical indicator. However, unlike most dashboards of the same category, USD is configurable based on the inputs provided by the user within the app interface. The tabs (Display, Data, and Signals tabs) starts empty and the Display tab will show more display entries as the user adds more signal entries

The Universal Signal Dashboard (USD) is a signal dashboard or indicator matrix. It can generate a matrix of signals from values, chart and candle prices, and from the buffer output of almost any technical indicator. However, unlike most dashboards of the same category, USD is configurable based on the inputs provided by the user within the app interface. The tabs (Display, Data, and Signals tabs) starts empty and the Display tab will show more display entries as the user adds more signal entries

This creates a mean-reversion chart using a moving average as a reference, detaching ourselves from the changing value of fiat currencies. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Get a mean-based view of the market Find real overbought/oversold situations easily Isolate your perception from the changing value of fiat currencies The center line represents the moving average Your imagination is the limit with this indicator Customizable chart period and Bolling

The Quick trade report separately by symbols script will be useful for simultaneous trading on multiple instruments. It provides the ability to assess the effectiveness of trading on each symbol separately. It is possible to set a time period for making the reports. The report visualizes the changes in the balance for deals on each symbol. Also, the following key trading parameters are calculated for each instrument: Total net profit - the financial result of all trades. This parameter represent

The " Delta Volume histogram " Expert Advisor plots histograms of "Delta volume", "Real volume", "Buy volume", "Sell volume", "Tick volume". EA version: Has a built-in «Pending orders indicator". The indicator is designed for analysis of pending orders in the market, available in "MarketBook". Displays the Volume profile levels (VAH VAL from 60% to 85%). Built-in side histogram. This is a powerful tool for analyzing trade volumes. The chart is plotted based on tick data. Depending on the broke

This Expert Advisor's main strategy is based on the usage of two kind of indicators: two built-in shifted RSI to measure the asset prices oscillations and a Parabolic SAR to check the prices trends. It combines these indicators signals in order to get stronger signals and ensure the EA will do good trading operations. It protects your money because it is provided with : Trailing stop loss to protect your profit. Once your order has a positive profit, it sets SL at a certain distance in order t

Those familiar with chess-playing robots that successfully defeat grandmasters, know very well what a complex and large card catalog is. As a result, the Expert Advisor's algorithm is based on 320 reversal and 302 flat patterns formed by day candles on 7 major currency pairs, displayed on screenshots ( EURUSD_i, GBPUSD_i) from 12.01.2012 to 04.22.2018 (account currency USD, "Every tick" test mode, M1, MetaTrader 5). Positions are opened by analyzing the current and previous day candles with impu

You can avoid constant monitoring of computer screen waiting for the DeMarker signal while receiving push notifications to a mobile terminal or a sound alert on the screen about all required events, by using this indicator - DeMarker Alerts. In fact, it is the replacement of the standard indicator with which you will never miss the oscillator signals. If you don't know the benefits of DeMarker or how to use it, please read here . If you need signals of a more popular RSI indicator, use RSI Alert

If you use the MFI (Money Flow Index) indicator, the waiting time till the next signal can be long enough. Now you can avoid sitting in front of the monitor by using MFI Alerts. This is an addition or a replacement to the standard MFI oscillator . Once there appears an MFI signal on the required level, the indicator will notify you with a sound or push, so you will never miss a signal. This is especially significant if you follow the indicator in different timeframes and currency pairs, which ca

Professional renko charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections ) every renko variation in a single package very responsive charts optional display of live trade levels on the chart An Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. All historical renkos are constructed using real tick data from the broker's server.

Introduction to Harmonic Volatility Indicator Harmonic Volatility Indicator is the first technical analysis applying the Fibonacci analysis to the financial volatility. Harmonic volatility indicator is another level of price action trading tool, which combines robust Fibonacci ratios (0.618, 0.382, etc.) with volatility. Originally, Harmonic Volatility Indicator was developed to overcome the limitation and the weakness of Gann’s Angle, also known as Gann’s Fan. We have demonstrated that Harmonic

This is an automatic system that manages input signals correlating the price, places a market order and adds a stop order contrary to the opposite signal at the distance determined by the parameter "Space between orders". The concept of Cobalto is based on the volatility of the market - it looks for strong movements for buying or selling. This system is designed to be used on ECN accounts with a leverage of 1:300. Parameters Lot_Management Initial_lot: In this parameter the size of the initial

The trade cost caused by spreads is an important indicator when formulating trade profit-loss ratios. Spread costs info is particularly important for short-term traders, especially scalping traders. This tool can output the spread cost of all Forex currencies (including XAU and XAG) in the platform in different account types (USD account, EUR account, etc.). Calculation and code See articles: THE TRADE COST OF FOREX CURRENCY Part1 THE TRADE COST OF FOREX CURRENCY Part2 THE TRADE COST OF FOREX

TSO Bollinger Bandit Strategy is an indicator based on the Bollinger Bandit Trading Strategy as presented in the book Building Winning Trading Systems with TradeStation by G. Pruitt and J. R. Hill. SCANNER is included . Now with Scanner you can find trading opportunities and setups easily and faster.   Features A complete entry and exit strategy for trending markets. Get email / push notifications when an entry signal occurs. The indicator is not repainting. Can easily be used in an EA. (see F

The Extremum catcher MT5 indicator analyzes the price action after breaking the local Highs and Lows and generates price reversal signals with the ability to plot the Price Channel. If you need the version for MetaTrader 4, see Extremum catcher . The indicator takes the High and Low of the price over the specified period - 24 bars by default (can be changed). Then, if on the previous candle, the price broke the High or Low level and the new candle opened higher than the extremums, then a signal

The "DoubleMA Cross MT5" is a typical strategy of investors, which usually indicates a change in trend from bearish to bullish. To establish a double crossing of moving averages, we need a slow moving average and a fast moving average. When the fast moving average crosses the upside to the slow average the bullish signal is triggered. The opposite strategy is also very useful. Everything works in the same way and we use the same indicators and periods: Fast moving average and slow moving average

I  recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator scans for Pin bars, Morning/evening stars, Engulfings, Tweezers, Three Line Strikes, Inside bars and Pennants and Triangles.  The indicator can also be used in single chart mode. Please read more about this option in the product's   blog . Combined with your own rules and techniques, this indicator will allow

The indicator shows the High/Low /Open/Close   Levels from other (and non-standard) timeframes - Year, 6 Months, 4 Months, 3 Months, 2 Months, Month, Week, Day, H3-H6-H8-H12 Hours. You can also set the shift for opening candles and build virtual candles. "Period separators" for one of these timeframes is available in the form of vertical lines. Alerts can be configured for breakouts of the current or previous levels (breakout of the HIgh/Low yesterday/last week line etc). You can also shift a

Professional range bar charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections) very responsive charts An Expert Advisor (EA) is used to create a RangeBar custom chart and provide real-time updates. It is an MT4 "offline" range bars chart equivalent. The simplicity of use - Attach the EA to any time-based chart that you wish to see Range Bars for, input your desired parameters and you are ready to go! You can attach any MT5 compatible indicat

A grid expert with a trained neural network for the GBPUSD currency pair, timeframe H1. Fully ready to work. The expert determines the trend and opens a series of orders for each price correction. It is possible to limit the number of orders in each grid of orders. To work, you can use a standard lot or a percentage of available funds. The Expert was tested on an account with a leverage of 1:100, with a different leverage, change the Percentage parameter. Parameters PlusB                     

Risk Manager Pro is a simple utility that calculates the necessary lots with the risk percentage and the pips of stop loss, before opening positions. The web calculators can be useful in some cases but they are not efficient to open operations in real time. In the trading days, there are few opportunities to open positions and when the opportunity arises, the seconds make the difference. This is not possible with conventional web calculators, since to calculate the size of an operation regarding

The Expert Advisor helps reduce the account drawdown. To do this, the losing deal is split into multiple small parts, each of these parts is closed separately. The EA can interact with other experts. For example, when a certain drawdown is reached, Open Lock can disable the other expert and start working with its orders. Open lock for MetaTrader 4 is available here The algorithm of the EA uses counter transactions and a large number of open positions, therefore, need to use it on a hedge account

The ForexGenerated Expert Advisor works based on short-term changes in the trend, creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. This achieves a very high probability of closing positions in profit. ForexGenerated is intended for trading any currency pair on the M5 timeframe or higher. However, backtests indicate that it is best suited for NZDUSD on M5. C

This indicator will automatically draw 4 Fibonacci levels on the chart. Dynamic Fibonacci will be drawn on the last of zigzag line. Static Fibonacci will be drawn on the 3 last of zigzag line. Fibonacci projection 1 and 2 will be drawn on the last zigzag line also. This way, you can see several Fibonacci level to get prediction of next support and resistance of market price. Indicator does not work if less than 500 bars are available. Parameters Zig_Zag_Parameter Depth - Zig zag depth paramete

I recommend you to read the   product's blog  (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment) when the MACD main line crosses th

The EA opens two oppositely directed orders. When one of them is closed with profit, two orders are opened again, while the order volume is increased depending on Multiplier_Type and a number of orders opened by the EA. In each new open pair, orders are opened with an equal volume locking each other. Positions are opened till the number of same-type orders reaches the specified Limit_for_orders value. Afterwards, the EA only increases the grid excluding locking. MT4 version ->  HERE  / Proble

The strategy is based on RVI osculation to check the prices trend and direction and check the moving averages (Open Price and Low Price) to decide about the viability of opening any order. Market is very unpredictable due to economic news published every hour, but our EAs are really prepared for such hostility due to its protections. This Expert Advisor is provided with two kinds of indicators: an oscillator (RVI) in order to check the prices osculation limit pattern and direction trend; two Mov

This is a demo version of the Candle Absorption Full indicator. It has limitations on operation. This indicator detects the Engulfing candlestick pattern and draws the corresponding market entry signal. Features It works only with EURUSD on timeframes M1 and M5. The indicator analyzes a combination of 2 or 3 candlesticks depending on settings. The number of pre-calculated bars (signals) is configurable. The indicator can send an alert to notify of a found signal. Signal can be filtered by sett

This algorithm uses statistically justified comparison of historical prices and output values of the CCI and ATR indicators to decide whether it is necessary to open position. This logic has been created as a result of the use of stochastic methods, it has been tested on history data and verified by the Monte Carlo method, which, of course, does not guarantee future results. The EA is designed to trade EURUSD M15 during morning hours. Despite the fact that this condition is not mandatory, the tr

This robot is based on martingale logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic. The positions are opened in both direction without setting Take Profit and Stop Loss. Stop Loss is set only in case of running a positive trade and will be trailed. The closure of all the opened positions is done by robot when the target profit is reached. Suggested period is M1, but it also works with others. Can be used on all pairs using defaul

Hedge MA is both a moving average cross EA and hedging EA, designed to recover a loss of a losing trade by opening an opposite trade, or more, if necessary. If the initial trade will be lost, the hedge trade will win. If the initial trade wins, then the hedge trade might not even get triggered and will be cancelled. The EA is designed for МТ5 hedge accounts. Recommended account - cent МТ5 hedge, at least 15000 USD cents ($150), leverage - 1:500. Recommended timeframe - М5. The default settings a

Easy Relative Smooth Index is an oscillator based on the Relative Strength Index (RSI) indicator. The current indicator value is compared with the maximum and minimum value of the indicator for a given period and the average value is calculated. Also, the indicator values are smoothed by the moving average (MA) method. Buy signals are generated when the indicator crosses a given level upwards, sell signals are generated when the indicator crosses the level downwards. Description of the indicat

MeetAlgo Asian Scalper is an Expert Advisor that uses range breakouts strategy to enter trades when the market is the most quiet. It will scalp the market for small price deviations. This EA will need a good broker with small spread to work successfully. It is fully optimized for AUDCAD, EURAUD, GBPAUD, GBPCAD, GBPCHF and GBPUSD . The trades are based on several indicators and it's not a tick scalper EA. It need 1:300 leverage minimum, and a low spread broker. It is recommended to use a low spre