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Magic Lines MT4

Magic Lines MT4 is an indicator which can be categorized as trend, levels and channels type. It draws a colored line which is colored in green and red depending where last close is. The value at the current open bar should not be taken into account. This part of the indicator can give us a sense whether it is trending up or down or its going sideways. Magic Lines indicator also draws blue top and bottom levels which can be taken into account for breakouts and false breakouts. A sideway zone should contain of at least two up and down bands which are nearly equal and the we can enter either on the breakout or when the zone is tested. Nevertheless its a good tool to know where the market is going.

It is also a good idea to check at lest 3 near timeframes like D1 H4 H1 to confirm the  whole picture. As well you can also try M1 and M5 to get best price for entry which need experience and is not recommended for beginner traders. LOW TIMEFRAMES ARE NOT RECOMENDED IF YOU DON'T HAVE A GOOD SENSE OF RISK MANAGMENT AND SCALPING.

The code and logic behind is really simple and yet so powerful to identify the next trend movement. It draws levels that can be used for breakout entries but also that will matter further in time as supply and demand zones.

The input options give only one thing to choose - 'Calculate last X Bars' - this option doesn't affect the indicator calculation and it only limits it for how much bars back it will calculate. This is mostly used to increase performance and speed of calculations. IT IS NOT AFFECTING THE FORMULA  AT ALL.

As any trend indicator this one as well is more objective on higher timeframes like Daily and H4 but it can still be used in lower ones like H1 and below.

It basically consists of a trend line which is really sensitive to change in directions and way more accurate than any combination of moving averages. 

The indicator formula does not use any external built in indicator but it get information from the price action only, which makes it truly different. 

The green-yellow-red line shows the trend direction. When price is above it means there is more potential for upward movement and vice versa.

The blue levels gives an insight for possible consolidation areas which after broken might be a start of a new long lived trend.

Be careful and do not instantly reverse trades after a long lasting trend and wait to see the next move.

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Moving Average Change Do you wonder where to take profits? Have you ever searched a simple strategy to execute trades? The Moving Average Change indicator is a perfect product for you. The indicator is perfect for finding divergence on charts. It works perfectly on any timeframe but keeps in mind m1 to m15 will be short-lived signals. You can still use it to scalp forex indices and commodities. The indicator also has an option for backstep where you can check the change in MA value between not
Euro Dollar Gringo
Nikolay Georgiev
This is a stable EURUSD strategy, that can deliver solid results. Low drawdown compared to profit. Parameters are already set to deliver profits, no need to change anything (only Lots volume) just set on chart and leave it print some money. All positions has StopLoss and TakeProfit and no Martingale, Grid or Averaging is used. Account size 500$ => Lots = 0.05 Account size 1000$ => Lots = 0.10 Account size 5000$ => Lots = 0.50 Works ok on M5, M15, M30, H1 and H4.
Time Range Pivot Points is an indicator that will plot Pivot Point + Support and Resistance levels on the chart, but it will calculate the formula based on a specific time range, that can be defined in the settings. If you want to successfully trade the European and US sessions it will be smart to check all levels generated by the Asian session time range. This indicator will allow you to do that. Everything is designed to get you an advantage of the potential support and resistance levels for t
This EA is configured to trade after London market open and all defined time ranges. This is one of the most popular strategies that every serious trader should know well. The "London Breakout Trader" EA is a trully flexible system that will allow you nearly everything to get configured from hard SL TP Trailing SL with Trailing Step, Range size fileter, Auto Parameters based on range size and all you need to set it to work for you. This EA is even more you can configure trading days hours and ra
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Version 1.1 2022.07.20
minor update on 'Calculate last X Bars' input causing Array out of range