Trade
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The Daily Box information indicator is a tool that allocates candles on the chart within one trading day into separate boxes. At the same time, each trading day is signed and highlighted in a different color. The Daily Box information indicator is quite simple and informative, it can be used in any trading strategy and just for market analysis. The author of the indicator did not consider it necessary to provide a trader the opportunity to change the colors of the daily boxes. Nevertheless, having a minimal knowledge of the MQL4 programming language, you can do it yourself. Download Daily Box Indicator Other Information Indicators
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The trend trading strategy CCI Candle MA is based on moving averages and indicators CCI CustomCandles and Bressert Scalper Improved. Trading is done from the pullback to the trend. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Time frame: Any. Trading time: Any. Risk management: after calculation of stop-loss, choose such a volume of lot, so that the risk was not more than 2-5% of deposit per trade. Customizing the price chart Unpack the archive; Copy the template to the templates folder; Copy the indicators to the folder MQL4 -> indicators; Restart the terminal; Open the chart of the required currency pair; Install the template named R-to-R; The chart should look like this: The signals indicating the opening of a...
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The Fractal Bands channel indicator is a modification of the standard Bollinger Bands indicator built into the MetaTrader 4 terminal. In the Fractal Bands indicator the bands are built according to the fractal method, which allowed increasing their width. In its turn, it results in decrease of false signals for entering the market and closing positions. The Fractal Bands indicator can successfully replace the standard Bollinger Bands in the trading strategies that imply trading in the channel. Its use will allow you to avoid false signals to open positions, thereby increasing the profitability of strategies. Download Fractal Bands indicator Other channel indicators
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The Stochastic-X8.4 vs Index + Matrix TT signal indicator is a development of Tankk, the user of forexsystemsru.com forum known as the author of several effective technical indicators. The Stochastic-X8.4 vs Index + Matrix TT indicator as well as its predecessors are discussed in this thread. The Stochastic-X8.4 vs Index + Matrix TT indicator has many built-in functions including a trend matrix (15 indices) and parameters which allow traders to customize the indicator according to their preferences. The signal function of the Stochastic-X8.4 vs Index + Matrix TT is implemented through the graphical display of arrows of the corresponding color and direction, sound and text alerts and email alerts. The Stochastic-X8.4 vs Index + Matrix...
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The MonEx Arrow Indicator is a fairly simple signal indicator based on a combination of a weighted price and the popular ZigZag indicator. In addition to coloring bullish and bearish candles and their shadows, the MonEx indicator displays signals for entry in the form of arrows of appropriate color and direction. The combination realized in the arrow indicator MonEx looks quite interesting and promising. If desired, the efficiency of the indicator can be increased by introducing new parameters and adding an alert system, by writing in the topic "Revision of bots (Expert Advisors, indicators)". Download MonEx Arrow Indicator Other signal and arrow indicators
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This trading strategy is based on the author's indicator Snipper, which can be used as part of other systems. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Timeframe: any. Trading time: Any. Risk management: after calculation of stop-loss, choose such a volume of lot, so that the risk was not more than 2-5% of deposit per trade. Setting up a price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the folder MQL4 -> indicators. Restart the terminal. Open the chart of the desired currency pair. Install the template named Snipper. The chart should look like this: Signals indicating the opening of a long position (Buy) The green bar has crossed the 100 level. The signal...
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The Reversal Navi indicator uses the search for reversal bars to identify price reversal points and market entry levels. The Reversal Navi indicator shows on the price chart: Blue/red dot - shows that a reversal occurred; Blue/red arrow - reversal bar; Blue/red line - shows the middle of the range, which was formed after the reversal bar. Of course, the indicator Reversal Navi is not enough for a full-fledged entry into the market, so we recommend using it in combination with other indicators - ADX, RSI, MACD, etc. Download indicator Reversal Navi Other reversal indicators
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The MACD ColorHist Alert indicator is a modification of one of the most popular MACD oscillators. In the MACD ColorHist Alert indicator the bars of the histogram change their color depending on its direction: red bars - the histogram decreases; blue bars - the histogram increases. In addition the MACD ColorHist Alert indicator has a set system of alerts, which alerts the trader when the histogram changes direction, the histogram crosses zero line or the signal line crosses the histogram. According to the experts of fortrader.org magazine, the MACD ColorHist Alert indicator is one of the best modifications of the standard MACD oscillator. By replacing the classic indicator with its advanced version, you can increase the efficiency of trading strategies that use a combination of "trend indicator +...
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The trend trading strategy High Flying Trading (HFT) should be considered more as an idea than as a complete trading algorithm. The general point of this strategy is that we, through a series of small losses, try to catch the trend at the very beginning of its emergence, and when we succeed, we add to the position until the movement is over. We can say that this strategy is based on the well-known simple rule: "cut losses and let profits grow". The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any highly volatile financial instruments with trends. Timeframe: any. Trading time: Any. Risk management: After calculating stop-loss, choose the one...
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The FRASMA trend indicator, the name of which is an abbreviation of Fractally Modified Simple Moving Average, is a modified moving average, which applies smoothing using fractal analysis of current price changes. The FRASMA indicator accelerates during the trend and slows down during the flat, thus avoiding false signals. According to experts of fortrader.org, the trend indicator FRASMA can successfully replace the classic moving average, and using several indicators with different periods will allow you to build your own trending strategy. Download FRASMA Indicator Other Trend Indicators
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DZ Value chart indicator is a kind of oscillator, which displays overbought and oversold zones, built on volumes. The author of the indicator is the famous programmer mladen. The feature of the DZ Value chart indicator is that the overbought and oversold levels are dynamic, rather than static, which increases the accuracy of market entry. In addition, the DZ Value chart indicator has the ability to display arrows and supply sound and text alerts. According to the experts of fortrader.org, the DZ Value chart indicator is quite an interesting tool, which, in conjunction with the filtering indicators, can generate accurate signals for opening positions. Download DZ Value chart indicator Other popular oscillators
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BPNN Predictor indicator is an indicator belonging to the category of predictors. The BPNN Predictor indicator uses a neural network with three layers to predict future price behavior. The BPNN Predictor has three lines on the price chart: red - future price forecast; black - past opening prices that were used as expected outputs of the network during training; blue - network outputs obtained during training on the given input data. Additionally, the author has implemented another version of the indicator, which uses EMA-smoothing. Please note that the BPNN.dll library located in the archive for downloading is required for the full functionality of the indicator. According to the experts of fortrader.org magazine, before using...
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The trend trading strategy Tarwada is based on standard indicators and is designed for medium-term trading. There are two options for opening positions: aggressive and conservative. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: any. Timeframe: H1, H4. Trading time: Any. Risk management: after calculation of a stop-loss, select such volume of a lot, that the risk was no more than 2-5% of the deposit on one transaction. Indicators used RSI (21) Smoothed Moving Average (5) added to the window to the RSI indicator MACD with default settings Setting up the price chart Unpack the archive. Copy the template to the templates folder. Open the chart of the desired currency pair. Install the template named Tarwada...
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Arrow indicator HMA Color nrp & mtf & alerts + arrows 2 is a signal modification of the Hala moving average created by the famous indicator developer mladen. Indicator signals do not overdraw. Hal's moving average HMA is known for the fact that it eliminates lag - a typical drawback of moving averages. Also the HMA changes its color when it changes direction. The MTF function is implemented in the indicator, which allows displaying signals from any available timeframe on the chart. The arrow indicating the change of the indicator direction is duplicated by sound and text alerts. According to the experts of fortrader.org, the arrow indicator HMA Color nrp & mtf & alerts + arrows 2, as well as other indicators from mladen, will...
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How often have you encountered a broker widening the spread before important economic events come out? How can you avoid unnecessary expenses? The ShowImportantParams indicator will help you to overcome these and similar problems. The ShowImportantParams indicator shows five parameters of a currency pair and two parameters of the account, some of which can change when important economic news are released or before the close of the weekly session. The following parameters can be changed: Leverage - leverage, can change towards decrease. StopLevel - levels of stop loss and take profit (in points). At the release of important news and at the end of the session can be increased. StopOut - when this drawdown level is reached it is recommended to refill the balance or close some...
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The Percentage information indicator provides the trader with additional information on price changes. The Percentage indicator, as the name implies, displays on the price chart the monthly, weekly and daily price change as a percentage. Negative changes are shown in red and positive changes in blue. The indicator has the ShowPriceLabel parameter, which allows displaying the daily price rise or fall in percent: 0.5%, 1.0%, 1.5%, and 2.0%. According to the experts of fortrader.org, the information indicator Percentage, apart from helping in the analysis of price dynamics, will help in identifying oversold or overbought zones. Download Percentage information indicator Other information indicators
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The RenkoDMIMartin trading strategy uses a series of trades implemented using the Martingale method. With each losing position, the size of the next position is doubled and so on until the next trade closes with a profit. The trading algorithm is based on the Renko chart and Wilder's DMI indicator. You can join the discussion of the strategy on forexfactory.com in this thread. Input parameters Currency pairs: currency pairs with low spread. Timeframe: Renko charts are used. Trading hours: London, New York. Risk management: Since the strategy uses the Martingale algorithm, after calculating the stop loss, choose such a volume of the lot that the risk in the first trade should not exceed 0.5% of the deposit per trade. Setting...
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Givonly SnR SnD r2 indicator is an indicator that displays horizontal support and resistance levels on the price chart. The indicator Givonly SnR SnD r2 draws support and resistance levels from the timeframes from H1 to W1, somewhat similar to the pivot levels. Supports are marked in blue, resistances - in red. Each level on the chart is signed. The experts of fortrader.org note that initially indicator readings were recalculated at each tick, which resulted in a noticeable slowdown of the terminal when installing the indicator at several charts. In the Givonly SnR SnD r2 levels indicator this disadvantage is eliminated, the calculation of levels is performed on each candle. Download indicator Givonly SnR SnD r2 Other indicators...
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Squeeze Break indicator is an oscillator, which is based on the strategy proposed in John Carter's book "Mastering the Trade". The main idea of the strategy is that markets tend to move from periods with low volatility to periods with high volatility and vice versa. The strategy aims to track the movement from low volatility to high volatility. The Squeeze Break indicator uses readings of the Bollinger Bands and the Keltner channel. The Momentum indicator is also used to make trades. Using Squeeze Break indicator in trading A positive green histogram means that the Bollinger Bands are outside the Keltner Channel and the market is slightly inclined to form a trend or increase volatility. The stronger this histogram is, the stronger the directional...
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MultiCharts informational indicator is a rather simple, but very effective tool for traders who trade on several trading pairs or use in trading the correlation of currency pairs. MultiCharts indicator displays price charts of five currency pairs specified by the trader in the settings in the basement. In addition, the charts support the setting of Heiken Ashi and moving average indicators, the OLHC prices and the current spread are displayed on the charts. According to experts of fortrader.org, the MultiCharts informative indicator will be useful for traders not only in the use of correlation, but also for the general analysis of the situation on the foreign exchange market. Download MultiCharts indicator Other informational indicators
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