This Expert Advisor trades a price channel during configured hours. At the start of the trading window, it places limit orders at both channel boundaries and sets take-profit levels toward the opposite boundary. It uses no stop loss. At the end of the…
Knowledge library
Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
Search the library
4,574 documents
The document describes a modified version of the classical Awesome indicator. It calculates the smoothed rate of change between pairs of exponential averages: a short and medium average, and a medium and long average. The resulting design has five inputs:…
This document outlines an Expert Advisor that uses a Heiken Ashi Smoothed Oscillator to generate buy and sell entries. It evaluates entry signals when a new bar appears, while checking trailing stops on each tick. The EA includes settings to enable trailing,…
The document introduces a MetaTrader currency strength meter that compares percentage price changes across periods. It presents the tool as a way to identify whether currency markets are trending or consolidating, but it does not describe the calculation in…
The document describes a script that scans historical candlesticks across timeframes and reports maximum, minimum, and arithmetic mean measurements for candle bodies, upper shadows, and lower shadows. Results are displayed in a table on the active chart…
The strategy ranks currency futures using purchasing power parity data as a currency-value signal. Its description proposes a universe of roughly ten to twenty currencies, estimates fair values using OECD PPP figures adjusted with monthly CPI and…
This document explains how to combine Forexite’s daily MetaStock-format quote files into a single instrument history file for import into MetaTrader 4. The workflow downloads and unpacks daily archives, then runs a script with the instrument name and date…
A trailing stop-limit order moves its stop trigger with favorable price changes, maintaining a set offset from a chosen market reference. Once triggered, it releases a limit order; the limit price can also adjust with the market before activation. The…
The document describes an automated trading product that uses Bollinger Bands and RSI across two time frames to identify overbought and oversold conditions. It says the system trades using the opening price of a candle and can be applied to forex pairs,…
The document describes an MT5 indicator that tracks RSI across as many as seven timeframes and shows the readings in a chart dashboard. It flags overbought and oversold levels and raises a convergence warning when at least three monitored timeframes reach…
This trading system uses changes in a CCI Histogram’s color to generate entries at bar close. A signal appears when the histogram switches from neutral gray to red or blue, which the description associates with the CCI oscillator entering an overbought or…
This document describes a ProRealTime conversion of a forex entry indicator that is intended to avoid repainting. The signal uses a stochastic oscillator and a smoothed stochastic line, with fixed overbought and oversold zones. It marks a potential upward…
This description outlines an Expert Advisor that trades from the FisherCGOscillator indicator. It forms a signal at bar close when the indicator's main and signal lines cross. The EA depends on a separately compiled indicator file installed in the platform's…
The document describes a MetaTrader 4 class for analyzing incoming tick prices. Its listed measurements include elapsed time, distance traveled, movement speed, acceleration, direction, and an estimated remaining path based on acceleration. An example expert…
This chart indicator marks the nearest rounded price levels around the prior close. A configurable level size determines the spacing, allowing decimal increments that can suit instruments such as forex pairs. A skip setting adds further levels above and…
This page outlines an Expert Advisor built around the TrendValue indicator. It enters a trade when a diamond of the corresponding color appears at a bar close, making the indicator’s colored markers the system’s entry trigger. The page says the reported test…
The document describes an indicator that constructs a sequence of four price corridors based on time zones. The initial corridor is formed over four hours, and the corridor expansion spans sixteen hours. Users can configure the starting local hour, a time…
This document describes a MACD-based expert advisor that can be configured for single trades or a hedging grid. It says the system trades using the open price of the current candle and lists configurable controls for MACD and moving-average periods, trade…
This Expert Advisor uses signals from the ColorXTRIX_Histogram indicator. A signal is generated when a bar closes and the histogram changes direction, so the described system responds to a shift in the indicator rather than acting on an intrabar movement.…
This document describes an Expert Advisor that generates a signal when a bar closes and the FRASMAv2 moving-average indicator changes color. It requires the compiled indicator file to be installed in the platform’s indicator folder. A supporting library is…
This document describes a MetaTrader 5 utility for estimating the costs of a prospective trade. It combines spread, commission, and swap charges using symbol data and trader inputs such as position size, direction, commission per lot, and expected holding…
The document explains a graphical workflow for maintaining historical market data. Users can download data from connected market data services or trading interfaces, import CSV files, inspect stored records, export selected ranges, and delete contract data.…
The document offers historical volatility and correlation estimates as starting points for a foreign currency option model with domestic equities, foreign equities, and an exchange rate. Using weekly observations over five years for the DAX, S&P, and EUR…
The document explains why Bloomberg’s FXFA and SWPM screens can show different rates and basis figures for a EUR/USD cross-currency swap. FXFA uses floating EUR and USD yields, while the example SWPM setup uses two fixed rates, so the coupon rates are not…