Please post any tools which may be interesting (just for tools/indicators/scripts/EAs only). Interesting ideas can be posted here http://newdigital-world.com/general-...raw-ideas.html
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Please post any tools which may be interesting (just for tools/indicators/scripts/EAs only). Interesting ideas can be posted here http://newdigital-world.com/general-...raw-ideas.html
CloseOnTime EA by KimIV
To close the orders exactly at the time.
At 23:55 for example.
All the ordes, or some of them (optional by simbols).
By the way - I did not test this EA sorry.
Trade Assistant — a multi-timeframe indicator that is based on three standard indicators: Stochastic, RSI (Relative Strength Index) and CCI (Commodity Channel Index). It displays current trend directions for M5, M15, M30, H1, H4 and D1. When you follow such an indicator you have the clear picture of the trends in all important timeframes. It doesn't matter to what timeframe chart you attach this indicator. It's also not recommended to change any input parameters. The indicator can be downloaded for MT4 and MT5.
Input parameters:
PercentK (default = 8) — period in bars for calculation of the line %K of Stochastic indicator.
PercentD (default = 3) — period in bars for calculation of the line %D of Stochastic indicator.
Slowing (default = 3) — the value for slowing of Stochastic indicator.
RSIP1 (default = 14) — period for the first RSI (fast).
RSIP2 (default = 70) — period for the second RSI (slow).
Other parameters — represent the symbol codes for the trend direction arrows. Better leave them alone.
Attachment 3919
It's working fine for MT4 and MT5 :
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The name of this indicator is Second Chart - any pair for any timeframe in separated window. In example - EURUSD H1 chart with USDCHF D1 chart in separated window.
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SAR_On_MA :
One could choose the period, method and price of the MA ;
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There is already an Expert Advisor to work with this indicator, one has just to change the name of the indicator in the iCustom of the EA :
Download Free Metatrader (MT4) Expert advisors, Indicators and Scripts
The indicator don't work when inside an EA, so forget about it :P:
I don't understand why it don't work, it should, sorry ...
My understanding is that this EA is a risk management EA. You have to reply on your entry method to initiate the trade. I have read many demo examples. The ones from news trading are intriguing. I am seeking any live trading experience that you may have. [no affiliation]
http://expert4x.com/the-double-in-a-...and-technique/
This is interesting indicator namely Ambush_Fibs (attached). As I remember - there were few EAs created based on this indicator (i did not find them sorry) :
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ZXiSwap indicator displaying information of spread, buy swap, sell swap, high to low daily, weekly and monthly for 11 currency pairs including gold & silver.
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sq Dynamic Breakout box indicator, an indicator to assist traders to identify trade setup of price breakout. The trading manual as follow :
And the indicator setting :Quote:
Time Frame : H1.
Currency Pairs: all.
Indicators:
Squalou default settings (4,60,30)
Entry:
+ Breakout candle should be wholly in one half of the CZ (top half for long, bottom for short)
+ Candle should move 5 pips beyond the CZ before entry (to minimise impact of fake breakouts)
+ Enter when market moves 5 pips beyond CZ (inital stop loss = middle of the CZ zone, so on a 30pip CZ box SL=5+15=20 pips -- this also means if you follow entry rule 1 it is below the low of the candle).
Trading Pattern: (gradually sizing out)
+ First TP at +10 pips (+15 from CZ), close half of your position, move SL to the edge of the CZ (at this point you will have locked in +5 pips profit)
+ Second TP (close your remaining position) at +20 pips (+25 from CZ) OR when a second CZ forms
You're out within 25 pips of the CZ which based on the average Buy/Sells from Squallou's indicator looks just inside the average... so you can probably squeeze out more profit if you're game.
Attachment 4389Code:extern int BoxLength = 22;
extern int BoxTimeFrame = 15;
extern int BoxRange = 30; // fixed box range, when AutoBoxRange is false
extern bool AutoBoxRange = true;// when true, will use AutoBoxRangeDailyATRfactor*daily_ATR_value as the BoxRange value;
extern int AutoBoxRangeDailyATRperiod = 30;
extern double AutoBoxRangeDailyATRfactor = 0.20;
extern int BoxBufferPips = 5; // add this amount to the Box Yellow and Magenta lines
extern int DaysBack = 100; // calendar days back; 0=full history
// CAUTION when setting DaysBack to 0: with large history data, this is likely to lock-up MT4 for a few dozen seconds per chart!
extern int MinBarsClosedOutsideBO = 2; // number of bars to close outside the BO levels to signal trades; 0 means "enter immediately on Breakout"
extern bool ShowDisplayPanel = true; // false will hide the display panel
// TPs and SL levels "fib lines" settings:
// when a TP is >=20, it is considered as FIXED PIPs, <20 is a factor of the box size (EXCLUDING bufferpips);
extern bool ShowTPLevels = true; // false will hide the TP levels
extern bool ShowTPLevelsOnLastBoxOnly = true; // to limit the TP levels to the last Box only
extern double TP1 = 0.618;
extern double TP2 = 1.382;
extern double TP3 = 2.618;
extern double TP4 = 4.236;
extern double TP5 = 5.854;
extern double TP6 = 7.472;
extern double TP7 = 9.090;
extern double TP8 = 11.708;
extern double TP9 = 14.326;
extern color TPLevelColor = Gray;
extern double TP_is_pips_above = 20; // any TP input above this value is considered as a FIXED PIP value, below is a FACTOR of the box size (including bufferpips);
extern int BuySignalArrowCode = 2;
extern color BuySignalArrowColor = Yellow;
extern int SellSignalArrowCode = 2;
extern color SellSignalArrowColor = Red;
extern bool SignalMail = false;
extern bool SignalAlert = false;
extern bool CreateStatisticsFile = false;
extern int BreakoutBoxFontSize = 12;
extern color BreakoutBoxColor = C'0,170,170';
extern color BreakoutBoxContColor = DarkSlateGray;
extern bool BreakoutBoxContFullColored = true; // true will draw a full rectangle rather than an "empty" rectangle
extern color BreakoutBoxContPriceColor = DarkSlateGray;
extern color BreakoutPriceColor = C'0,170,170';
extern int BreakoutPriceWidth = 2;
extern color StatsColor = C'0,220,220';
extern color StatsBGColor = Teal;
extern int StatsCorner = 1; // 0=upper-left, 1=upper-right, 2=lower-left, 3=lower-right
extern bool BoxVerticalLineDelimiter = false; // false to remove vertival Box delimiter lines;
extern color BoxVerticalLineColor = DarkSlateGray;
extern int SwingLabelsFontSize = 12;
extern color SwingLabelsColor = DarkOrange;
extern string Fonts = "Arial";
extern int debug = 0;
FX Money Manager v2 indicator (attached):
Attachment 4529
This is RoundPriceNE_big_mod indicator (attached) which can be used in different ways (I used it to trade on the direction of the channel) :
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The 3 Books Amazon's Jeff Bezos Asks His Senior Managers To Read
Attachment 4588
Jeff Bezos is one of the most successful entrepreneurs out there, able to build a company deeply integrated into people's lives, all but ignoring Wall Street, and constantly looking toward the future.
But that doesn't mean he doesn't value other people's advice. In a post on LinkedIn, CNBC tech correspondent Jon Fortt said the Amazon CEO had three all-day book clubs for his senior managers over the summer.
It's not a surprising management technique from a man who revers the written word. He typically starts meetings of his "S-team" of senior executives with 30 minutes of silence while they read through dense, six-page printed memos, so they're all starting with the same ideas and framework in mind.
In the recent book clubs, Bezos had those top executives read classics that helped him sketch out the future of his company. They are:
"The Effective Executive" by Peter Drucker
Drucker is one of the principal founders of modern management theory, helping create and broadly popularize ideas that seem commonplace now, like the fact that companies should be decentralized rather than run via command and control, and "management by objectives," where both leaders and employees work toward a set of goals they understand and agree on.
This particular book focuses on how to develop the personal habits of time management and effective decision-making that allow an executive to stay productive and contribute their best to an organization.
"The Innovator's Dilemma" by Clayton Christensen
This book, first published in 1997, can safely be called one of the most influential business books of all time. Even if the term "disruption" has since been co-opted by the startup world and dramatically overused, his core theory of how businesses get disrupted is just as relevant today. New technology allows smaller companies to make cheaper products, which at first appeal only to customers at the margins. But before the largest businesses realize it, they take over entire markets.
"The Goal: A Process of Ongoing Improvement" by Eliyahu M. Goldratt and Jeff Cox
The last book is very different from the two previous ones. It's not a classical business book based on a series of studies of a real-world company, but is instead a novel about a manager tasked with turning around a failing manufacturing plant. It sounds strange, but it was a best-seller and has helped spawn business theories in its own right.
This is interesting indicator painting the bars - TTM_ nonlag Bars (attached). Indicator can be used for scalping for example.
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Interesting thread found on FF forum :
Simple H1 GBPUSD EA
This is something about the following:
- Moving Averages indicator, method simple, period 10; H1 timeframe
- Moving Averages indicator, method simple, period 197; H1 timeframe
- Fractals indicator, M5 timeframe
- Fractals indicator, M15 timeframe
- Timefilter to use indicators and to open trades
EA was uploaded on the thread with pdf file with rules about how to trade.
Bandit Flash Trading system created by indonesian trader. Suitable time frame 30min or 1hr chart.
Attachment 4990
Just two websites about astro - I am not professional which this kind of analysis of the price movement but anyway :
COG Center Of Gravity indicator and COGStoch indicator modification by Brooky.
Attachment 5030
And brooky upload a video showing both indicators in action :
http://www.youtube.com/watch?v=uzNNA20crN8
ATR channel indicator by Luis Damiani.
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Just found interesting indicator - ptl
I think - this indicator may be used as trailing stop for example.
Code:TimeFrame = "Current time frame";
SlowLength = 7;
SlowPipDisplace = 0;
FastLength = 3;
FastPipDisplace = 0;
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This is interesting indicator - Ambush_Fibs (attached).
Made by Kris, based on David Willis' TheOnlyPivot_multi indicator and enhanced for multi-timeframes by Linuxser
I remember - there are few EAs based on this this indicator (if I find it so I will upload too).
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Transparent MetaTrader 5
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The script allows to set transparency level of the client terminal window using Windows API
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Please note: it is for Metatrader 5 only
There are 2 interesting indicators which can be good trading system : Blau Signal System
- AddSignal_v1 indicator (which is using two other indicators: MACDofHA_v1 and MAofHA_v1), and
- Blau eco-jurik indicator
All indicators are attached to this post (inside zip archives)
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1. If your MT4 is having 509 build (or any below 600) so use mql4 files attached. I mean -
- place mql4 files in indicators filder,
- compile in MetaEditor,
- open chart and attach to the chart the following indicators : AddSignal_v1 indicator and Blau eco-jurik indicator
2. If your MT4 is in build 600+ so use ex4 files only :
- place ex4 files in indicator's folder (for example - to C:\InterbankFX_1-Click\MQL4\Indicators)
- open chart and attach to the chart the following indicators : AddSignal_v1 indicator and Blau eco-jurik indicator
Or use templates attached. How to use templates?
- Place them to template folder,
- open the chart,
- right mouse click on any space on the chart - "load template" and select our template by name.
How to use it in trading (the rules) : use red or blue arrows to open the trade with the confirmation of Blau eco-jurik indicator (red color of Blau eco-jurik is for red arrow confirmation/validation; blue color of Blau eco-jurik is for blue arrow confirmation/validation
There are the charts of this system using IBFX MT4 build 600 :
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Copy trades MT5 to MT4
I did not use/check it so just the links (to download):
You can copy all trades from your MT5 platform to MT4 platfom in less than 1 second?
You can copy all trades from your MT5 platform to MT4 platfom @ Forex Factory
You can copy all trades from your MT5 platform to MT4 platfom in less than 1 second?
This is interesting excel tool created by nc32007a and uploaded to mql5 forum (to this thread):
Money Management Simulator
This excel tool is attached.
version #2 of this tool (attached).
original post is here
I am not sure - I uploaded it before or not .... but this is interesting indicator:
averages MACD - mtf & alerts + divergence
Attachment 6950
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Found this indicator from other forum. Looks visually interesting but how to trade using this indicator i have no idea. Some information was provided inside the code, in Russian language.
Attachment 7586
As I understand it is the following (translation) :
"it is behaviour of classic Stochastics in 3D diagram (stochastics fan).
- X-coordinate is time,
- Y-coordinate is representation of stochastic with different settings/parameters.
- Z-coordinate is on different color depends on the situation and the location of the stochastic in particular time moment".
The original system was posted here. Please download the update version which i included Igorad's BBandStop_v3.0 600+ indicator to replace the old BBandStop_v1 indicator. The other 3 indicators, fiboPivot_2, heiken_ashi Smoothed and Kuskus StarlightV2 remained the same which is working under MT4 build 646.
Entry rules for buy signal/sell signal :
1) When Heiken_ashi, BBandstop and kukus starlight are in the same blue color, it is a buy signal, we enter buy with stoploss 5 pips below BBandstop, target either using trailing stop or a predefine fixed target.
2) When Heiken_ashi, BBandstop and kukus starlight are in same red color, it is a sell signal, we enter sell with stoploss above BBandstop, target either using trailing stop or a predefine fixed target.
Recommended time frame for this signal trading system is 30 min chart, but 15 min chart working as well.
Attachment 7748
I am not sure any EA have been created for this system, but if i found one will post it here.
This modified iExposure have the ability to display open position in real time. In addition it calculate automatically profit/loss in pips or in term currency, risk reward ratio, draw down, broker's server time, magic number (if position was opened by EA), stoploss in pips, stoploss level, target level and so on. Tested it is working under MT4 build 646.
Attachment 7760
This is current situation signal produced by kuasaforex on EURUSD and USDCHF 30 min chart.
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I found interesting indicator: 1-Retracement Finder1
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Murrey Math LineX indicator for both metatrader 4 and metatrader 5.
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hi .
i am trying a little different aproach on kuasa method, hoping i will not disturb anyone and i don't take credit for any of the indicators i use in template .
and speaking if indicators, special thanks to Igorad who created or inspired most of the indicators used in my template.
i added some filters to the original aproach : rsi filter should be used for over all trend (recomemended not to open positions against it, unless is neutral and could be ignored ),
fisher transform can be used as faster oscilator and could signal entries, same aproach for trend signal arrows and on chart a trend filter Jsmooth (60).
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I found this indicator AFL Winner indicator from MQL5 Code Base. It is available for both MT4 and MT5 terminal.
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FiboRetracement3D indicator.
This is very old indicator but seems interesting
Attachment 8652