Trade
-
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...
Читать далее » -
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
Читать далее » -
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...
Читать далее » -
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...
Читать далее » -
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...
Читать далее » -
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
Читать далее » -
Trend trading strategy WPR Strength is developed by the user of the forum forexsystemsru.com with the nickname Crossluck and is based on the author's indicators, which, according to the author, are very effective. Input parameters Currency pairs: EUR/USD, GBP/USD, USD/JPY, and USD/CHF are recommended. Timeframe: H1, H4. Trading hours: European trading session and American trading session from 6 to 22 GMT. Risk management: After calculation of stop-loss, choose such a volume of lot, that the risk should not exceed 2-5% of deposit per one trade. Setting up a price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators to the MQL4 folder -> indicators. Restart the terminal. Open the chart of the desired currency pair. Install the template named ...
Читать далее » -
The GG-TrendBar trend indicator is designed to determine the trend direction on each available timeframe. The GG-TrendBar indicator readings are based on a combination of ADX and PSAR indicators and are displayed in the form of colored squares, the color of which depends on the trend direction: Green - uptrend; Red - downtrend; Yellow - flat. According to experts from fortrader.org, the trend indicator GG-TrendBar can be used as a filter in any trading strategy, especially those based on the principle of using several screens. Download GG-TrendBar Indicator Other Trend Indicators
Читать далее » -
Super Scalping Future trading strategy is based on the Scalping Future indicator and two moving averages. Suitable for scalping futures, currency pairs and binary options. Input parameters Currency pairs: any. Time frame: M5-M15. Trading hours: London, New York. Risk management: calculate a stop-loss and choose the volume of a lot so that the risk is no more than 2-5% of the deposit per trade. Used indicators Moving Average (7 period, close), Moving Average (7 period, open), Awesome oscillator, Super Scalping Future, THV Pivot Setting up the price chart Unpack the archive. Copy the template to the templates folder. Copy the indicators into the MQL4 folder -> indicators. Restart the terminal. Open the chart of the required currency pair. Install the template.
Читать далее » -
Vxod 1.0 signal indicator is based on moving averages interaction. The indicator displays the trend direction with blue and red bars. At the turning points of the indicator an arrow appears indicating an entry into a position. The experts of fortrader.org think that fine-tuning of the Vxod 1.0 signal indicator will enable you to open positions at the very beginning of the price trend, allowing you to make maximum profit. Download Signal Indicator Vxod 1.0 Other Arrow and Signal Indicators
Читать далее » -
Signal indicator LSMA nrp + alert is based on a moving average using a linear regression method. The author of the indicator is known in trading circles mladen. Indicator signals do not re-draw. Depending on the direction of the trend indicator LSMA nrp + alert changes its color. At the point where the color changes, the indicator displays a text message. According to experts of fortrader.org, the signal indicator LSMA nrp + alert can be used in combination with oscillators to avoid false signals, or as a filter in a trend trading strategy. Download signal indicator LSMA nrp + alert Other arrow and signal indicators
Читать далее » -
Waddah Attar ADXxBollinger indicator is designed to accurately determine the direction and strength of the current trend. It uses a combination of signals from two indicators: Advanced_ADX and Bollinger Bands. Waddah Attar ADXxBollinger indicator is made in the form of a histogram, the columns of which are green during the periods when there is an increase in prices. The red color corresponds to the fall and the more columns of the histogram (any color), the stronger the trend. To trade on the indicator Waddah Attar ADXxBollinger, the experts of fortrader.org recommends experimentally on the history to determine the level, the crossing of which by the histogram bars will be regarded as a signal for entry. Download Waddah Attar ADXxBollinger Indicator Other Trend Indicators
Читать далее » -
Volumes are still controversial and have both supporters and opponents. Nevertheless, a huge number of traders successfully use volumes in their trading. The Volume Arrow signal indicator is designed to facilitate the use of volumes. It's often difficult to read read readings of volume indicators, especially for beginners. This is where the Volume Arrow signal indicator is supposed to help. The indicator is implemented as an arrow complement to the volume indicator Better Volume 1.4 (can be found in the archive). The Volume Arrow indicator uses the readings of the Better Volume 1.4 indicator for marking signals for entry in the form of arrows of appropriate color and size. It's worth noting that any indicator is not a ready-made trading...
Читать далее » -
The IchimokuSuppResMTF levels indicator displays support and resistance levels built using the Ishimoku indicator on the price chart. Support and resistance levels are built according to the data of three higher timeframes, the values of which can be specified in the parameters of the indicator. Line color and style can be customized for each timeframe. When you put the cursor on the line, a tooltip with information about the line appears. According to experts of fortrader.org, the IchimokuSuppResMTF levels indicator will be useful for analyzing price charts and planning trading, as well as an element of breakout strategies. Download IchimokuSuppResMTF levels indicator Other modifications of the Ishimoku indicator
Читать далее » -
The iCrossAD signal indicator shows possible reversals or pullbacks of the price movement. It is based on the intersection of the A/D line with the trend line plotted using the extremums of the A/D indicator. One CCI indicator filter is added to filter the signals. If the trend line plotted in the A/D indicator chart is crossed by the indicator line, the price will most likely soon cross the trend line plotted in the price chart as well. Thus, after receiving a signal from this indicator, one can expect a reversal or pullback of the price movement. The experts of fortrader.org note that the iCrossAD signal indicator only shows the arrows at the breakdown of the trend line. The decision to buy or sell should be made separately, for example - to analyze...
Читать далее » -
The EATA Arrow indicator is calculated using RSI and CCI indicators. The fast RSI indicator is used instead of the usual RSI indicator. The difference is that the regular RSI oscillator calculates its value using the exponential method, and the fast one uses a simple ratio. The intersection of red and blue lines of the indicator are signals to buy or sell. For the trader's convenience, the indicator also displays buy and sell signals in the form of green and red arrows. The green arrow is a signal to buy and the red one is a signal to sell. EATA arrow indicator settings: CCI_per (default = 14) - period of CCI indicator calculation; RSI_per (default = 14) - period of...
Читать далее » -
The Market Scanner System trade strategy combines graphical constructions designed to identify the trend and standard indicators used as filters. The system is suitable for binary options trading as well as for normal scalping and intraday trading. Input parameters Currency pairs: any. Time frame: M15 and up. Option duration: 2-4 candles. Trading time: Any. Risk management: choose the option volume so the risk is no more than 2-5% of a single trade. Used indicators Aussy Auto-trend-line optional Market Watch Binary options trigger Market Scanner price chart setup Unpack archive. Copy the template to the templates folder. Copy the indicators to the folder MQL4 -> indicators. Restart your terminal. Open...
Читать далее » -
The Reverse Envelope Arrow indicator is a signal modification of the Envelope channel indicator, which implies trading on rebound from its channel borders. Reverse Envelope indicator marks signals for entering in the form of arrows of appropriate color and direction. Additionally, the indicator is capable of displaying a text alert when a signal appears. Considering the features of the original indicator, the fortrader.org experts believe that the Reverse Envelope Arrow Indicator is more suitable for trading on low timeframes and its signals should be filtered with other indicators. Download Reverse Envelope Arrow Indicator Other Arrow and Signal Indicators
Читать далее » -
The Hook Reversal indicator is developed by the user of forexsystemsru.com forum with the nickname Crossluck and is based on the search of internal bars, which are identified as the points of possible price reversal. The Hook Reversal indicator is discussed in this thread. What is a reversal on an inside bar? Criteria for a signal bar in an up trend: The bar must open near the maximum Closing must be near the minimum of the bar The bar must have a lower maximum and a higher minimum compared to the previous bar (i.e. the bar must not go out of the previous bar range) Criteria for a signal bar in a down trend: The opening must be near the minimum of the bar Closing must be near the maximum...
Читать далее » -
The EsikeA++ trend trading strategy is based on the principle of two screens and has quite simple rules. The strategy is discussed at forexfactory.com in this thread. Input parameters Currency pairs: EUR/USD and GBP/USD are considered in this article, but you can trade other currency pairs as well. Timeframe: the article covers the H1/M5 timeframe pair, but any other TF combination (e.g. H1/M15) is possible. Trading hours: first three hours after the opening of the London or New York Stock Exchange. Risk management: After calculating the stop-loss, select such a volume of the lot that the risk should not exceed 2% of the deposit per trade. Setting up the price chart Unpack the archive; Copy the templates to the templates folder; Copy the indicators to the...
Читать далее »