The document describes a script for day traders that examines a strategy’s historical results by time of day and day of week. It proposes using win–loss and reward–risk ratios to identify the periods when the strategy has performed best, comparing the…
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The document introduces Phoenix5, a forex indicator that displays blue and pink points as buy and sell signals. It says the indicator derives its values from a group of technical indicators and supports individually selected input settings for common…
HLRSign is described as a semaphore-style trading indicator that generates signals from crossovers involving the overbought and oversold levels of an HLR indicator. The entry offers only this high-level mechanism; it does not explain how HLR is calculated,…
The document describes a MetaTrader 5 indicator intended to draw a standard deviation channel. It presents the indicator as a more convenient way to display the same channel available through the platform’s built-in chart objects. The channel is a charting…
This brief document describes a trailing-stop module for the MQL5 Wizard that uses a Delta ZigZag indicator to manage open positions. As the indicator calculates new horizontal levels, the module moves the position’s stop-loss to those levels. The method is…
The document reviews limitations of Bollinger Bands, which place standard-deviation ranges above and below a simple moving average. It challenges the probabilistic interpretation of those bands: observed prices do not necessarily fall within the bands at…
This MT5 expert advisor estimates and displays the combined monetary value associated with stop-loss and take-profit levels across currently open positions. It iterates through positions with a nonzero stop or target, uses each position’s entry-to-level…
The Rex indicator derives a True Value of Bar (TVB) series from each bar’s close, low, open, and high, then smooths that series to form the Rex line. A second moving average of the Rex line creates a signal line. Users can configure the period and…
The document describes an Expert Advisor that uses the ColorBBCandles indicator to generate trading signals. A signal occurs when a candle closes in a trend color after the preceding candle was uncolored or showed the opposite trend color. This defines a…
The document introduces a running median indicator for MetaTrader 4. It explains the median as the middle value of an ordered sample and presents it as a smoothing method that is less affected by outliers than the mean. The indicator uses an odd-sized span…
This beginner MetaTrader indicator marks candidate local tops and bottoms on a price chart with colored dots. It examines highs and lows over a configurable period and compares them with the surrounding trading range to decide whether an extreme is…
This indicator modifies the Commodity Channel Index by replacing its usual simple moving average with the Jurik Moving Average for smoothing and using exponential moving average deviation in place of the conventional mean deviation. The stated aim is to make…
HLR_HTF_Signal is a chart indicator that presents the trend direction or signal from HLRSign using a selected timeframe. A right-pointing arrow marks continuation of the current trend at the chosen bar; a diagonal arrow marks a change and indicates the deal…
This note introduces the Trend Detection Index (TDI) as a tool for identifying possible trend beginnings and endings. It can be used alone or alongside other indicators, and the cited theory describes it as useful for detecting trend starts. A modified…
The indicator automatically draws a risk-reward box on open charts using high and low prices from prior candles. A trader can drag the box and adjust its size and price levels to suit an analysis. The description presents the box as a charting aid for…
This Expert Advisor uses the PFE oscillator to generate breakout entries. It acts when a bar closes after the indicator crosses an overbought threshold from below or an oversold threshold from above. The document identifies GBPUSD on a six-hour chart as the…
The Range Expansion Index (REI) is a relative oscillator attributed to Tom DeMark. It measures the pace of price changes on a scale from -100 to +100 and is intended to identify overbought or oversold conditions when price action shows weakness or strength.…
ShadeNY is a chart indicator that marks the time window of a trading session with a filled channel. Its configurable inputs set the session’s start and end times, while a horizontal shift moves the channel by a chosen number of bars. The description…
This description outlines an Expert Advisor that uses the CCI indicator to place pending buy-stop and sell-stop orders. It checks indicator values on the current and preceding bars, then places a stop order a configurable distance from the current price when…
The document introduces a position-sizing problem: sizing each new trade against its own risk allowance can understate total exposure when existing positions move in similar ways. It uses a long EUR/USD position followed by a long GBP/USD position as an…
The document describes a MetaTrader library for retrieving historical and upcoming economic-calendar events and using them in indicators, expert advisors, and tester runs. It demonstrates filtering events by date, currency, importance, or event name, and…
This charting approach modifies an OHLC candlestick by extending its high to the current ask whenever the ask exceeds the candle high, and extending its low to the bid whenever the bid is below the candle low. The stated goal is to make bid and ask prices…
This note describes a chart indicator that presents the output of the FATL MACD algorithm as a sequence of candlesticks. The candles are formed from a relevant price time series after it has been processed by the indicator, offering a visual alternative to…
This document describes a forex trading system that uses the XMUV and MUV_NorDIFF_Cloud indicators. Colored points from the cloud indicator are presented as trade signals, with the expert advisor combining both indicators to place trades. The document…