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

Bounce Number for Grid/Martingale strategies Lot Sizing/Order Count set – EA MetaTrader 4

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Lot sizing and/or Number of trades for strategies like Grid and Martingale are very important. We always ask about what happened in history of a symbol during range zones and How Many Times price bounced between two price of a Range Zone?! This is what I define as Bounce Number. It can be calculated by

Relative Price Channel – indicator MetaTrader 4

Relative Price Channel - indicator for MetaTrader 4
MT4 version of original indicator: https://www.mql5.com/en/code/22576Since the MT4 functionality is limited in the methods of drawing indicators, there are no color zones, but their boundaries are in place. Basics: RSI indicator is frequently used in trading decisions coupled with levels checking. Levels are supposed to show if there is overbought or oversold condition. But frequently we

Titik Impas Breakeven MT4 – script MetaTrader 4

Titik Impas Breakeven MT4 - script for MetaTrader 4
The Titik Impas Breakeven MetaTrader script serves as a straightforward tool designed to adjust the stop-loss to the Breakeven Point for one or more positions, based on specified parameters. This script is compatible with both MT4 and MT5 platforms. The Breakeven Point, or Titik Impas, denotes the price level at which a trade’s profit becomes

Adaptive Volatility Analysis – indicator MetaTrader 4

Adaptive Volatility Analysis - indicator for MetaTrader 4
The AVA (Adaptive Volatility Analysis) Indicator is a tool I’ve developed, primarily for enhancing my own indicators and Expert Advisors (EAs). It’s designed to gauge market price movements with greater precision. Unlike standard indicators that offer a static view of the market, the AVA adapts its analysis based on current market dynamics. This adaptability makes