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This indicator is just a simple ATR indicator. It calculates the Average True Range and let you tell it to show the percentage of the ATR. You will then see the % of the ATR on the screen. I like to use it to calculate different things for my trading. If I use the really great AW Recovery System ( https://www.mql5.com/en/market/product/28868 ) there is a great strategy made by the developer, where you watch the daily ATR and set the steps calculated on part of the ATR. So if you put the Part of
This Expert Advisor is using three Moving Averages to find the direction of the trend. There is three different Moving Averages that has to be in the right order and the EA is looking for this in different timeframes to make sure it's in the order to trade. Then the EA will look for both the Stochastic and RSI in different timeframes before everything is looking good. Now it will take a BUY or SELL trade, depending on the indicators. It will set the Stop Loss and Take Profit depending on the hig
This Expert Advisor uses three blocks of standard indicators. When all three say the same, then it will kick in and trade. You can change the following settings: EAName – name showing in the comments field when trading RiskEquity – risk % of equity depending on Stop Loss SL – Stop Loss TP – Take Profit TrendEMA – this EMA is looking for trend. If above this level, it will look for a buy. If below, it will look for sell StochasticHi – this is the Stochastic High level. Default is set to 80. Looki