a professional grid advisor works according to rsi( relative strength index ) indicators. and has the function of reducing the drawdownon the account by overlapping unprofitable or...
input parameters:orderdistancepoints : determines the distance in points from the current ask price for placing buy orders and from the bid price for placing sell orders. tppoints ...
ma modified dpo facilitate controlling all parameters of ma (ma period , ma mode , ma applied price) to change required ma curve to horizontal line and can easily used as support o...
the trend strength index indicator measures strength of current trend. basically it is similiar to a simplified auto regression indicator, because correlation function calculates t...
features: switch sequentially between multiple templates (as many as you want) switch template in current chart or for all charts video tutorial: how to use: open mq4 file in meta...
the script creates a text object on the chart that continuously rotates and changes its position based on price levels. while running, the text changes color and content depending ...
the prevdaylines.mq4script is a tool for metatrader 4 that automatically draws three critical price levels from the previous trading day on your chart. these levels include the hig...
the doji pattern detector eais designed to automatically detect the classic doji candlestick patternon any chart. a doji pattern occurs when the open and close prices of a candle a...
the default settings work for eurusd 5minsettings based off optimizations since 2020input parameters trade size calculation:the ea allows for three types of trade size calculations...
the indicator searches for candlesticks on the price chart that are larger than the size specified in the settings and marks them on the chart.you can choose two types of candlesti...
the indicator displays the actual range of the hourly candle in percent and the calculated range based on average statistics.indicator parameters:averaging period- averaging period...
in short, there are three indicator lines p1, p2, p3.according to which trajectory p3 sticks there and the price forecast.at the moments of a clear upward or downward movement, all...
📢 mt5compat a comprehensive mt4 to mt5 conversion library🚀 a new interface libraryhas been developed to simplify the process of converting mt4 indicators and expert advisors (eas) ...
the indicator draws the nearest levels of the specified price range.in the settings, you can choose what to measure the range in, points or percentages.the principle of the indicat...
double zigzag draws virtual buy and sell levels on the price chart.the tp and sl sizes are set in the settings and the indicator draws two zigzags: one draws the extremes of the bu...
1. you can display the level lines that correspond to the last extremes (maximum / minimum) of the zigzag. 2. enable displaying the size of the waves in points. indicates how many...
this is a pretty simple startegy that follows trend. recommended time frame is d1. when close price brakes up the ema build based on high prices given that rsi is above 55 - exper...
this is a simple indicator to calculate moving averages based on timeframe that currently viewed.the calculations are generally based on timeframe window and moving average's perio...
the indicator shows the names of the days of the week, as text labels on the chart.the indicator has input parameters:it shows labels on chart as follow...
description: the "symbol swap panel" is a versatile utility designed for traders seeking to manage their chart symbols and market watch more efficiently. this tool allows you to ea...
the market watch panel utility provides real-time monitoring of financial symbols, displaying key data like close prices in a clean and intuitive interface. designed for metatrader...
input parameters showbodysize(default = false) — if true, a candle's body size will also be shown.havepipettes(default = false) — if true, the indicator will assume that the curren...
english explanation: using the closeallordersea in metatrader 4 offers several benefits: emergency closure: in case of unexpected market movements or if you need to exit all posi...
negative volume index (nvi)is a free technical indicator for advanced chart analysis in mt4, mt5 platforms. it is based on tick volume (can be substituted with real volume in mt5) ...
breakeven line indicatoris a metatrader indicator that calculates breakeven level based on all open positions and displays it on your chart as a horizontal line. additionally, it w...
input parameters ma_period (default = 50) — a period of the 3rd generation moving average. ma_sampling_period (default = 220) — a sampling period of the 3rd generation moving avera...
input parameters aroonperiod (default = 14) — the period in chart bars for the indicator to look up for the bottoms and the tops. as with many other indicators, the higher is the p...
basing candlesticks metatrader indicator— is an automatic indicator that detects and marks basing candles on the chart. a basing candle is a candle with body length less than 50% o...
bb macd metatrader indicator— is a basic macd (moving average convergence divergence) indicator variation, which helps in detecting the trend change points and measuring the curren...
input parameters allbars(default = 0) — the amount of bars to use for calculations (0 — all bars). there is no reason to change it.otstup(default = 30) — the number of percents tha...
bma metatrader indicatoror band moving average — was created by using the original moving average indicator and the idea from one of the site's visitors. the indicator displays its...
bollinger squeeze advanced metatrader indicator— is a complex indicator consisting of two components:a measure of trendedness based on the bollinger bands and keltner channel "sque...
candle wicks length display metatrader indicatoris an indicator that can display the length of candle wicks in pips directly on your chart. you can set the minimum length to be dis...
input parameters cci_period(default = 14) — the period of the cci that is used in this indicator. the higher is the value the more lags this indicator but less false signals occur....
input parameters roc1period(default = 14) — the period of the first rate of change in the sum.roc2period(default = 11) — the period of the second rate of change in the sum.maperiod...
daily percentage change (metatrader indicator)— calculates the change of currency rate related to the previous daily close and displays it in percentage points in the main chart wi...
input parameters ma_period(default = 14) — the period of the simple moving average used in the indicator.barstocount(default = 400) — for how many bars to calculate the indicator.e...
donchian ultimate metatrader indicator— is a classic donchian channel indicator with multiple features added:variable period and shift of the donchian channel. the middle line that...
input parameters length(default = 10) — the period of the indicator. the higher is the value the more it lags but less false signals appear.appliedprice(default = price_close) — pr...
easy trend visualizeris a metatrader indicator that does exactly what its name says. it shows where the trend begins, where it ends, and where there is no trend at all. it is based...
fisher metatrader indicator— is quite a simple histogram indicator that detects the trend's direction and strength and signals about trend changes. it doesn't use any standard mt4/...
float metatrader indicator— a sophisticated indicator that analyzes the previous chart history for the given currency pair and then tries to analyze the trends in the current situa...
gain/loss info metatrader indicator— displays the gains and losses for all candles where the given threshold is surpassed. the values are calculated in points and percentage. the i...