script

Hello and sorry for my English. I have seen (and sometimes used) scripts (and I know there are also expert advisors) that close all (pending or market) open positions, or that close only market positions, or that close only pending positions, or that close only selling operations, or that close...

Hi all! I’ve been trading for about 5 years - algo trading on the majors, doing 5 to 50 intraday trades per day per symbol, flat at the end of each session. I’ve been analyzing my trades - profits and losses, and recently I have figured out the exact impact of slippage on my trading results...

Fellow Squad Members, I always wanted to see tickcharts for forex pairs even if the general explanation of why we don't have is that 'hey, this is an OTC market, you won't see all ticks even nearly'. Using tick data can result in different charts from broker to broker probably depending on...

Fellow Squad Members, For those who use VPS or who are not at the PC all day this EA, in addition to our Break Even EA, can lower risk significantly as it manages trailing stop on a currency pair together with break even. By default the EA drags stop level at 20 pips distance from market...

. . Quick update For MT4 build 600 and above use this version - copy this to MQL4\Experts folder If you see only mq4 files there then you need to locate MT4 private folder somewhere here: c:\Users\Peter\AppData\Roaming\MetaQuotes\Terminal\{whateverhorribleuniqueid}\MQL4\Experts If you find...

Fellow Squad Members, Let me share with you this little RSI indicator that has a nice additional feature: it can translate to significant RSI returns to buy and sell signals. It came into my mind that RSI signals are valuable not only in their value (when reaching a certain level like 30 or...

Fellow Squad Members, Here is a simple custom indicator that calculates price levels on a scale of standard deviation (Bollinger Bands). That is when price pierces Bollinger Band dev = 2.0 the value of this indicator is 2.0 or -2.0 (upper band and lower band respectively). Installation...

Fellow Squad Members, Another code I'd like to share with you is a quite special one. I used to spend some time with 'convenience codes' and not only with EAs and indicators or market data analysis. This kind of tools mostly makes**trading platform*more handy by providing common function...

Fellow Squad Members, One of the first things that I learned in trading from the big "How not to leave your money on the market" book is to monitor spread closely. Here is my tiny solution for MT4 that shows spread markers next to the last candle and displays the spread in pips on the lower...

Hello Fellow Traders, I've been compiling daily trading signals for a while for you and it just came into my mind that I'd like to share with you something else also. Actually I've spent some time with programming and I succeeded in making several tools for MT4 so I publish some of those for...