Advanced VWAP & EMA Trend Following System in Pine Script convert to MT4/MT5

MQL5 转化中 面板和对话框

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This advanced trading system leverages multiple indicators and features to provide a comprehensive analysis and automated trading strategy. The system includes the following components:

  1. VWAP Indicator Line on Chart: Displays the Volume Weighted Average Price to identify the average price traded during the day.
  2. EMA on Chart with Trend Colour Change: An Exponential Moving Average (EMA) that changes colour based on the trend direction.
  3. MACD in a Separate Window: The Moving Average Convergence Divergence indicator is displayed in a separate window to identify momentum changes.
  4. Heiken Ashi Candles: These candles smooth out price data to better identify trends.
  5. Average Daily Range Lines: Marks the average daily range on the chart to understand the volatility.
  6. Table Displaying Setups: A table on the chart showing current setups, cycle direction from VWAP EMA, touches of EMA, average daily range, and daily range.
  7. Symbol Changer: Allows quick switching between different symbols.
  8. High-Low Markers: Dots marking the high and low points on the chart.
  9. Alerts and Notifications: Sends alerts to the phone and as pop-ups for specified events.
  10. Maximize/Minimize Table Feature: Ability to toggle the visibility of the setup table.
  11. Auto Trade Feature: An Expert Advisor (EA) that includes auto-trading capabilities based on the specified criteria.
  12. Provide in mt4 and 5 

This system combines these indicators to provide a robust trading strategy that can be adapted for both manual and automated trading. The implementation includes three separate scripts for the indicator, MACD, and symbol scanner, which can be combined as needed.


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