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Donchian Channel – indicator MetaTrader 4

Donchian Channel The Donchian channel is an indicator used in market trading developed by Richard Donchian It is formed by taking the highest high and the lowest low of the last n periods. The area between the high and the low is the channel for the period chosen. A line is marked for the high

MACD on Chart – indicator MetaTrader 4

MACD on Chart - indicator for MetaTrader 4

MACD on Chart – indicator MetaTrader 4

Superb Fractal – indicator MetaTrader 4

Superb Fractal - indicator for MetaTrader 4

Few improvements from standart fractal: 1. You can chouse size of fractal. Standart version use 2 as constant 2. It does not draw fractals against the trend, which makes your chart much more informative Superb Fractal – indicator MetaTrader 4

Multi time frame example by recursion – indicator MetaTrader 4

Multi time frame example by recursion - indicator for MetaTrader 4

The purpose of this indicator is to demonstrate newbie friendly way a structure of a multi time frame indicator based on recursion. A function which is responsible of the indicator calculation itself can be replaced easily. A functionality which is responsible of downloading of multi time frame data can also be utilized and if modified

Martingale Trade Simulator – EA MetaTrader 4

Martingale Trade Simulator - expert for MetaTrader 4

This EA i’ve created is for Manual Trade Training using Martingale that can be enabled/disabled. Only works on Strategy Tester Mode. Martingale Trade Simulator – expert for MetaTrader 4

Heikin Ashi Lines – indicator MetaTrader 4

Heikin Ashi Lines - indicator for MetaTrader 4

Probably everyone has put up a Heikin Ashi chart one time or another. It makes it look so much cleaner with less noise and clearer trends. But there is one major flaw — it hides the true bar/candle values, especially the true closing prices. The Heikin Ashi close price is simply an applied price called

Closing all open trades if all one symbol and one trade direction – script MetaTrader 4

Closing all open trades if all one symbol and one trade direction - script for MetaTrader 4

All open trades must be of same symbol and type, e.g. all GBPUSD and all BUY. This script will close out your position using one large trade to hedge your position then using CloseBy() function to close all trades against the one large trade until all trades are closed. There can be a maximum of

No Loss EA – No Indicator, No Price Action strategy for MetaTrader 4 – EA MetaTrader 4

No Loss EA - No Indicator, No Price Action strategy for MetaTrader 4 - expert for MetaTrader 4

As most of the indicators available in the market are lagging indicators that provide information after some time. This strategy eliminates the need to rely on indicators, candlestick patterns, chart patterns, or any price action. The EA employs a progressive system that I have been using for the past six months and have backtested for

pivots calculation based on pine script v4 – indicator MetaTrader 4

pivots calculation based on pine script v4 - indicator for MetaTrader 4

For MQL5 version please click here. pine script v4 function I/O : pivothigh(source, leftbars, rightbars) → series[float] pivotlow(source, leftbars, rightbars) → series[float] This indicator includes two simple functions to calculate the pivotshigh and pivotslow functions based on pine script. The functions can be used as copy and paste snippet in conversion projects from tradingview platform. Note: The

SSH Multi Time-Frame – indicator MetaTrader 4

SSH Multi Time-Frame - indicator for MetaTrader 4

SSH is a famous indicator which uses moving average high and low prices of candles to draw two lines. The cross point of these two lines considered as signal for buy or sell. Illustrating higher TFs (time-frames) in lower one is a preferred way of technical tracking of market. SSH Multi-TF prepares higher TF of