This guide describes a collection of MetaTrader 4 scripts for setting, modifying, deleting, or moving stop-loss and take-profit levels, placing market and pending orders, and closing orders. Its main procedure is to test an existing script, open its source…
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This swing-trading approach uses 9-, 21-, and 55-period exponential moving averages to organize trend direction and trade signals. The 55-period average acts as the longer-term trend filter, while the 21-period average represents the intermediate trend. The…
The document describes a trading indicator that compares two currency pairs. Users choose a second symbol, a correlation method, and a lookback period; the resulting indicator is intended to help assess whether the pairs are moving together or diverging.…
This brief note compares three ways to combine fast and slow moving averages: their difference, their ratio, and the difference divided by the slow average. It presents them as alternative formulas for exploring indicator-line shape on a chart. According to…
This description presents an updated NonLag moving average indicator for MetaTrader 5. It says the revised version adds price as an input option, adjusts the code for newer platform builds, and supports the timeframes available in MetaTrader 5. It also…
This brief description introduces a MetaTrader 5 version of the Chande QStick indicator with a selectable chart timeframe. The timeframe is set through an input parameter, allowing the indicator to display calculations associated with a chosen period rather…
This indicator identifies fair value gap zones, marks a zone as inverted when a candle body closes through it, and can signal a later bounce from the flipped zone. The design tracks gaps and their lifecycle, including creation, inversion, active status, and…
This document describes a forex Expert Advisor that combines three moving averages with the Stochastic Oscillator and RSI. It can open market positions and place buy-stop or sell-stop orders. Configurable controls include stop loss, take profit, percentage…
The InverseReaction indicator looks for unusually large, gap-free price changes relative to estimated volatility limits. It plots price changes alongside one or more confidence thresholds; a break above a threshold is treated as a possible precursor to a…
This expert advisor strategy places pending orders at a scheduled terminal time, with distances based on average volatility over a selected number of past days. Stop-loss and take-profit levels are expressed as percentages of that volatility measure rather…
The document describes a currency-strength indicator that derives relative strength from closing prices across seven pairs containing a chosen currency. It proposes comparing the indicator curves for the base and quote currencies of a pair: when the curves…
This document describes a chart indicator that displays the Ichimoku Tenkan Sen and Kijun Sen lines, their current price labels, and selectable color fills. Users can shade the area between price and either line, between the two lines, or show no fill. The…
This note describes a modified Commodity Channel Index that can replace the usual mean absolute deviation with standard deviation or average true range. It also offers optional smoothing and color changes when the indicator crosses zero or changes slope.…
This trading system uses signals from a colored-candle indicator based on Ichimoku. It generates trades when a bar closes and the indicator shows a trend change. Position size depends on recent outcomes in the same direction: after a configured number of…
The document describes a chart indicator that places a mark to estimate how far the current candle may move before it closes. It is intended to help manual traders or scalpers monitor an unfinished bar's potential close. The stated scope is offline charts…
This MetaTrader 5 indicator combines a moving average with the Relative Strength Index to mark directional signals. A buy arrow appears when the close is described as outside the moving average and RSI is above 50; a sell arrow appears when price is below…
The described trading robot uses two strategies and switches to the other after a losing trade while increasing the next position size by a configurable multiplier. It also offers optional basket-level controls: close a group of trades at a specified profit…
VolatilityPivot is described as a trend indicator built using the NRTR, or Nick Rypock Trailing Reverse, approach. It uses currency-pair volatility to display nearby support and resistance levels, which can inform a view of trend direction and potential…
This note defines a normalized volatility indicator as the standard deviation of an applied price divided by its simple moving average, both calculated over the same configurable period. It identifies the two inputs a user can choose: the lookback period and…
This indicator displays the most recent three candlesticks from a larger timeframe on a chart. It represents each candle using a rectangle positioned between that candle’s high and low prices. The stated purpose is to make higher-timeframe price ranges…
This document outlines a trading approach based on MACD crossovers. It describes a tool that combines six MACD indicators with four moving-average indicators, though it does not specify their settings or explain how their signals are combined. The stated…
This document explains a chart panel for placing and managing pending orders and open positions with three draggable price levels. The aqua line sets the entry price for pending orders. The green and red lines set take profit and stop loss levels, with their…
The document describes an indicator that draws a channel using a logarithmic function. It exposes three adjustable inputs: the number of bars used in the calculation, the channel deviation or width, and the price series applied to the calculation. Changing…
The document gives one rule for a range breakout indicator: when the measured range size falls between configured minimum and maximum thresholds, the indicator displays its first color, identified as blue. It does not define how the range is measured,…