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The Graf Analysis indicator is a universal tool for graphical constructions on price charts, combining angles and Gann grid with Fibonacci levels. It is worth noting that the Graf Analysis indicator has a large set of settings that allow you to build price channels, support and resistance levels, enable and disable the display of the necessary functions. In fact, the indicator Graf Analysis, despite its apparent complexity, is an excellent graphical "combine" that allows traders who use the Gann theory in their trading to analyze the situation on the currency market and make trading decisions. Download Graf Analysis Indicator Other Gann Theory Indicators
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Tier London Breakout indicator is an indicator designed for trading on the breakout during the London trading session. Tier London Breakout indicator draws a trading range, on the breakdown of the boundaries of which it is recommended to place orders. The indicator displays targets for orders and also has a number of additional settings. The idea of breaking through the range in trading is not new, but its implementation in the Tier London Breakout indicator looks quite attractive. In addition, the indicator has quite flexible settings that allow the trader to customize it according to his preferences. Download Tier London Breakout indicator Other popular indicators
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The RFractals indicator is an indicator that displays fractals built according to Bill Williams' theory, with the ability to set their rank. The RFractals indicator allows building fractals with any odd rank starting from 3. The RFractals indicator looks interesting enough and the ability to customize the ranks of fractals allows adapting the indicator for different timeframes and trading strategies. Download Other Popular Indicators
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The Volume Weighted MA indicator is a modification of the moving average, in which volume weighting is implemented. The Volume Weighted MA indicator implements the following principle: the greater the volume of a candle, the greater its weight. The number of bars whose volume is summed is set by the Period_MA parameter. The Volume Weighted MA indicator, despite its seemingly simple implementation, is a quite powerful tool for trend trading strategies as the main indicator or filter. Download Other Trend Indicators
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The Two Trend Lines trading strategy is based on a pattern that consists of two trend lines. The strategy is suitable not only for currency pairs, but also for other financial instruments. Two trend lines" trading 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, that the risk was no more than 2-5% of deposit on one transaction. Any pattern that is convenient for you will do for this trading system. Signals indicating the opening of a long position (buy) The bullish candle pushed away from the point of intersection of the two trend lines. Stop-loss is placed just below...
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ZigZag History indicator is a modification of the popular ZigZag indicator made by a user of the forexsystemsru.com forum with the nickname mobidik, in which history limitation is implemented. The History parameter is added to the indicator settings, which can be used to more accurately adjust the indicator readings. At first glance, the changes do not seem significant, but such a simple feature makes the ZigZag History indicator an extremely powerful tool for trend trading in comparison with a standard indicator. Download ZigZag History indicator Other modifications of the ZigZag indicator
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The Currency Slope Strength indicator is designed to measure the strength of currencies and, accordingly, determine the trend and entry point for it. To calculate the strength of a currency, the Currency Slope Strength indicator uses the algorithm of the TMA indicator. It is by the slope angle of the TMA lines that the Currency Slope Strength indicator determines the strength of the momentum. The indicator does not use the slope angles of the TMA channels directly, but converts them using its own algorithm, because the average TMA values slow down the reaction of the indicator. Since the indicator shows the strength of the currency, the reversal of the lines only means a decrease in the rate of growth, but not a trend reversal. That is, if the angle is greater than zero and rising, it means that the growth rate of price increases. Indicator reversal and...
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Trading strategy TMT Scalping System, despite the name, is a prime example of a trend-following system. The essence of this short-term trading strategy is that we are working on a breakdown of the sloping trend line in the direction of the trend of the older timeframe. Discussion of TMT Scalping System strategy takes place at forexfactory.com in this thread. Input parameters Currency pairs: any. Timeframe: M5, M15. Trading hours: London, New York. Risk management: after stop-loss calculation choose such a volume of lot, that the risk should not exceed 2-5% of deposit per one trade. Setting up the 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.
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Figures Candle indicator is designed for searching and identifying candlestick analysis patterns. Figures Candle indicator finds the main candlestick patterns on the chart and signs their names. In this case, depending on the direction, an arrow will appear and each candlestick pattern will be marked with the corresponding color. It should be noted that the accuracy of candlestick patterns decreases with decreasing timeframe. Therefore, we recommend using the Figures Candle indicator on timeframes H4 and older. Download Figures Candle indicator Other pattern indicators
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The Pending Order Exhibited By Hand script is designed for placing orders when it is impossible to do so, for example, when the market is closed. How to use the Pending Order Exhibited By Hand script Specify in the script the trading direction (buy or sell) the order volume and stop loss parameters. As soon as the market opens, the order will be placed. Moreover, the script will bring the order to close. You can specify all trailing parameters right away, and once opened, the order will be followed by a trailing stop. There is one more function - virtual stop-losses. If stop loss or take profit is less than the stop level allowed by the broker, the script will control stop loss and take profit virtually and close the order at...
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MA Bands Martingale Trading is a short-term counter-trend trading strategy using the Martingale method. Input parameters Currency pairs: Low spread. Time frame: M Trading time: London, New York. Risk management: Two position building schemes are used (more on this below). Leverage: 400:1 or higher. Initial deposit should not be less than 1500$. Used indicators: MA Bands (MA 56, ATR 50, ATR 2.5); Super Trader Indi; Haos visual mode; SSRC MTF (15 min) with SSRC. Customize 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 desired currency pair. Install the template named MA...
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The SpudStochastic Arrow indicator is built using the Spud thread principle and is an oscillator consisting of eight Stochastic indicators with different parameters. How the SpudStochastic indicator works When all the Stochastics come together and form a single thin line (threads are woven into a string), we are ready to trade. The string should form a top and turn in the opposite direction. It is at this time that we need to open a position. This peak must be located in an overbought/oversold zone or near the boundaries of these zones. Arrows appear at the moment when all Stochastics move out of the overbought/oversold zone. The entry signal is duplicated by a text alert. Download SpudStochastic arrow indicator Other Stochastic indicator modifications
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The Force-Volume-Divergence Arrow Indicator is based on 3 main components, which professional traders always use in their trading systems. Principles underlying the Force-Volume-Divergence Arrow Indicator Market Strength This is a very important aspect of technical analysis, which helps to recognize the emergence of a new trend. If the new trend has a high strength index, in many cases it allows the trader to take a good profit. When a new trend shows a low strength index, the subsequent trend is always unstable and opening positions can lead to losses. Thus, it is very important to be able to determine the strength of the trend before opening a trade. Trading volume Helps determine the strength and stability of the market trend. An uptrend is considered to be strong and stable,...
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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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