Simple EAs, indis, scripts & libraries

Simple Yet Effective Breakout Strategy – expert advisor for MetaTrader 5

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Simple Yet Effective Breakout Strategy - expert for MetaTrader 5
This breakout strategy is the base for our QAlpha StockTrend product:  You can freely modify/add your own filters to create your own unique version of this strategy. The basic premise of the strategy: Buy/Cover as soon as the price breaks above n bars high Short/sell as soon as the price breaks below n bars low Backtested on

Simple continuous trend-following strategy for buying and selling based on predefined conditions – expert advisor for MetaTrader 4

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Simple continuous trend-following strategy for buying and selling based on predefined conditions - expert for MetaTrader 4
This MetaTrader 4 (MT4) script implements a simple continuous trend-following strategy for buying and selling based on predefined conditions. Here’s a breakdown of the script: Initialization: The script initializes and prints a message when initialized successfully. Deinitialization: The script deinitializes and prints a message when deinitialized. OnTick Function: This function executes whenever there’s a new

Simple Code for Detect A “New Bar or New Candle ” Received – expert advisor for MetaTrader 5

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Simple Code for Detect A "New Bar or New Candle " Received - expert for MetaTrader 5
This code block detects a New Bar or a New Candle when it has received.  the basic principle of the codes is very simple. First the code stores the Time of the previous bar / Candle. (Then add 60 seconds (equals to 1 min. you can add time as you want) to the Time of

Simple Indicator that Shows MA Moving Direction on All Timeframes Simultaneously – indicator for MetaTrader 4

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Simple Indicator that Shows MA Moving Direction on All Timeframes Simultaneously - indicator for MetaTrader 4
My first indicator. Maybe it will be useful for somebody. The idea of creation was the following: to see the values of a parameter calculated for different timeframes not to open many charts simultaneously and not to compare the data visually. In this indicator the calculated parameter is the direction of MA moving. The accounting

FRASMA: Fractally Modified Simple Moving Average – indicator for MetaTrader 4

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FRASMA: Fractally Modified Simple Moving Average - indicator for MetaTrader 4
The SMA is accelerated during a trend and slowed down during a sideways market, so as to avoid false signals. It’s using the fractal dimension as computed by iliko [arcsin5@netscape.net] in his indicator called fractal_dimension.mq4, and makes use of it to smooth the SMA. I feel it is best used in combination with it, so

a very simple ea help you test your strategy – expert advisor for MetaTrader 4

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a very simple ea help you test your strategy - expert for MetaTrader 4
A really simple ea help you test your strategy with history data create buy position by create a horizontal line above the current close price. create see position by create a horizontal line below the current close. to modify the stop loss and Take profit just create a horizontal line to the price . to