For a period of three months hundreds of Expert Advisors operated under equal market conditions and many of them achieved impressive results. The MetaTrader 5 platform is equipped with an impressive set of popular technical indicators that satisfy almost all analytical demands of the modern trader. However, technical analysis is constantly developing and thus new analytical tools are created every year.
MQL5 can help in keeping up to date with further developments. Do you need a special analytical tool? Still not enough? You can order an indicator from a Freelance developer or create it by yourself! The MQL5 development environment allows developing custom tools that can be used to analyze quotes of currencies and stocks. MQL5 indicators can access the entire database of historical information of a selected financial instrument currencies, stocks and other assets and process this data.
Indicators can be applied on a price chart or in a separate sub window. Traders have full control of calculation parameters and all the options of instruments. In other words, MQL5 indicators are practically the same as the built-in technical indicators, thus they can share the same wide range of options for trading. Use robots for automated trading and indicators for technical market analyses and boost your trading efficiency! Download MetaTrader 5 and start using trading application.
Trading Robots and technical indicators Automated trading and analysis tools. Trading robots in MetaTrader 5 provide: Instant processing of large amount of currency, stock and other security quotes More precise signals Efficient financial trading 24 hours a day Strict adherence to a programmed algorithm. Copyright , MetaQuotes Ltd. Legal Information. Become a broker with MetaTrader 5 platform. For any trader-related query — please visit www. Registered company name.
Business activity type. I am already a broker I want to become a broker I am a trader. Country of registration. Phone number. Beware how large your total leveraged Emulate DCA bot. Buy ASAP. Set chart interval to 1 hour. This script is designed specifically for firing an alert every candle. It can also be used to just fire an alert on a green candle, or a red candle to slow it down a bit. This is a script we use to close all of our orders or positions on any of the integrated exchanges.
You can use a fire once alert with greater than on condition and the alert will typically fire Hello TradingView and world! This is one of our latest concepts for an actual bot builder. This script comes with a bunch of features that we're hoping will alleviate a lot of the stress and confusion around using and building strategies here on TV.
Especially if the end-goal is to automate the strategies using Autoview. This is a combination of 2 strategies, Hey Folks! RSI validates the BB signal by confirming we are not in an oversold area. Hi all, This is a simple indicator that plots 3 EMA lines and 2MAs of your choice to the screen and has built in alert triggers.
Hi everyone, After a few iterations and additional implemented features this version of the Backtester is now open source. The main usage scenario is to plugin your external indicator, and backtest it using different DCA settings. Before using this script please make sure you read these explanations and make sure Hi all, This is a simple indicator that plots 5 EMA lines of your choice to the screen. Can be used to trigger scalping Bots stoploss around 0.
Also can be used for manual scalping, 1 or 2 candles at a time. This is the Lord Pepe. OB - overbought Hello fellow traders and automation lovers. We've since added multiple exchanges, parameters and have built a large community filled with awesome, passionate traders.
Hello, you used enough to develop but the last Comodo Advanced Endpoint. Expertise to plan, build, deploy and in Clayton, has. If you're not satisfied with iPage, with the developers is backed by.
Positions opening and closing are performed when the moving average meets the price at the recently formed bar bar index equals to 1. A special algorithm is used to optimize the lot size. No information is available about Artificial Intelligence Expert Advisor, but it has proven to be a profitable expert advisor with good to excellent results.
Daily highs and lows and the relationship between each other constitutes the core base of Early Top Prorate Expert Advisor, it has three profit points, four modify points, money management, trading time and daytrade closing, it's considered a successful EA. The Master Mind Expert Advisor is a championship edition run a few years ago, it could still be a profitable expert advisor but re-testing it is required.
Long position will closed automatically if the Sell signal is already visible and Short position will be closed automatically if the buy signal was visible too, it has no trailing stop. This is the final application of the expert advisor system used in EA Championships, it could be a profitable expert advisor if used correctly. Forex Account Copier allows you to copy trades from one MetaTrader account to another one running on the same computer.
The calculation of DSS Bressert values is similar to the stochastic indicator. The difference is the use of double exponential smoothing. The advantages over the classic stochastic oscillators are the fast response to price changes in a still very smooth pattern.
In addition, the extreme zones at the other end of the scale are reached quite frequently, even in strong trends, resulting in many trends confirming signals. Double Smoothed Stochastics — DSS The Bressert values are the same as the stochastics — values above 80 indicate an overbought condition of the market, and values below 20 indicate an oversold condition of the market.
It measures the strength of a trend by comparing the closing price of a security with its trading range and smoothing the results using a simple moving average SMA. While oscillators tend to fluctuate between fixed levels, they can remain at extreme levels for extended periods, so interpretation must be done in a broad context to be actionable. Simply put, it helps compare the current market price to the moving average of the price over some time. A positive percentage indicates a rising price, while a negative percentage indicates a falling price.
Whenever the disparity index crosses the zero line, the indicator generates very useful signals. A change in trend is imminent when the indicator crosses the 0 line. A price correction is inevitable when the indicator shows extreme values. Extreme values indicate that a trend reversal is imminent and traders should stop following the trend. Values above zero indicate an uptrend, while values below zero indicate selling pressure during the downtrend. Divergences can also be detected using the DI indicator.
Whenever the indicator and the price do not move in the same direction, this indicates a divergence. The rate-of-change indicator ROC , also referred to simply as momentum, is a pure momentum oscillator that measures the percentage change in price from one period to the following one. The chart forms an oscillator that fluctuates above and below the zero line as the rate of change moves from positive to negative.
Since divergences are not reversal signals in most cases, they will not be discussed in detail in this article. Although crossing the center line causes price fluctuations, especially in the short term, these crossovers can be used to identify the overall trend.
The identification of overbought or oversold extremes is natural for the Rate-of-Change Oscillator. The whole theory is described there in details. The indicator has no input parameters. Breakout Indicator shows the high and low level for a preset period along with a buffer setting, it calculates the number of pips in between too.
Sweet Spots Indicator puts up lines on a chart in whatever incrementing sizes you set. It also shows price, spread and more. Fibonacci Pivot Points Indicator is a Fibonacci pivot calculator that graphs the values onto the chart.
Highs and Lows Indicator calculates the high and low levels for up to two periods. This is simple script which opens positions according to a Fibonacci Retracement object. The script searches for the latest Fibonacci Retracement object. Order open level is set to 1 pip over fibonacci level for buy order and 1 pip under fibonacci level for sell order. SL level is fixed on 0 fibonacci level. Then the script gets the first fibonacci level over and sets in this place TP, so it is possible to change TP range by modification of the Fibonacci Retracement object.
OpenFiboOrder calculates proper levels taking into consideration a difference between ask and bid price spread. Just before placing order the script checks whether SL, TP and order open levels are not too close. If any error occurs, the script displays message. String Library provides a group of useful functions intended for working with strings.
The library perfectly complement built-in functions of MetaTrader. Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience. Past performance and simulated results are not necessarily indicative of future performance.
All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages. WallStreet Forex Robot 3. Forex Signals. Blog Posts. What Spread Means in Forex Trading? How to buy Bitcoin BTC? Are you too late to invest in BTC? Featured EAs. Expert Advisors Indicators Scripts Libraries. Mastermind EA. X scalper system. Trailing With Partial Close.
Trailing Stop. It modifies trailing stop loss on all the profitable open trades. Trade Protector. Tight Trailing Stops. TrailingAct is trade profit in pips after which the trailing stop will be activated, if set to 15 for example, the trailing stop will be activated when the trade is in 15 pips of profit.
TrailingStep is the amount in pips by which the trailing stop will trail. Swiss Army EA. It prints to the screen allowed doable options, which helps to figure out what it does. It needs some more time on a demo account to well understand how it really works. Ichimoku Chikou Cross. Parameters AllPositions ; the trailing stop is used for all of the positions. TrailingStop ; the trailing stop size in pips. TrailingStep ; the trailing stop step. UseSound ; enable or disable the use of sounds.
NameFileSound ; the sound file name. EMA Trailing Stop. It uses a trailing stop based on exponential moving average EMA. CloseWhenProfit ; when the sum of all profits gained from all open trades reaches this preset value, trailing starts and all the trades will be closed. Break Even Expert. Ensure the Expert Advisor is able to work with your MT4 platform. There EA robots that trade currency pairs specifically. Make sure that you robot matches the currency pairs you want to trade.
Best Scalping Indicators for Scalping Robots Forex indicators are a crucial part of scalping manually or a scalping robot. The indicators identify signals on the MT4 chart and the trader or forex robot submits orders based on movements or pivots to scalp the market. The best scalping indicators help to maximise scalping opportunities and enter forex orders earlier and manage trading risk.
Open a trade when the SAR goes in your favour and exit orders on the other side. Stochastic Indicator - This forex indicator will show when a currency pair is overbought and is one of the best scalping indicators. This can be one of the best scalping indicators as it can predict a market recovery. Pivot Point - Support and resistance are vital for a forex scalper. As price nears resistance or support the price will turn in the opposite direction crucial for scalping systems. Daily pivot points can expose the major resistance and support and previous highs and lows.
As our clients are our most valuable asset, our philosophy is to provide an unrestricted trading environment for forex scalping strategies including the use of scalping systems and EAs. Forex commodities and CFDs OTC Trading are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you understand fully the risks involved and do not invest money you cannot afford to lose.
The information provided can under no circumstances be considered as a recommendation to engage in any trade. Live Support. Open Live Account. In this article, we would like to introduce to you the different ways of maximising the forex scalping strategy by implementing trading logic into an Expert Advisor that will automatically trade the forex market 24 hours of the day, taking the stresses out of trading the currency markets manually. Ready to Open an Account?
Correlation USDCHF/EURUSD Indicator. Simple Scalping EA. Very simple scalping EA, no Indicators. Logic is based on very fast price movements. This package has absolutely everything to trade the Forex Market and Binary Options! For manual and automatic operation. For beginners and professionals. Website Name: Full Forex – Robots, indicadores, cursos y utilidades para Traders de Forex The Prime Scalping EA | Robot para Forex MetaTrader 4.