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MetaTrader Free EA

Mastering the Two Moving Averages Crossover Strategy for Trading Success

Hey there, fellow traders! If you’re looking to up your trading game, the two moving averages crossover strategy is a fantastic tool in your arsenal. This method is all about using two moving averages—often a short-term and a long-term one—to help you spot entry points based on where they cross each other.   How to Implement the Crossover Strategy Choosing Your Moving Averages: First things first, you’ll want to select the periods for your moving averages. A popular combo is the 50-day and 200-day moving averages. This pairing can give you a strong perspective on market trends. Understanding the Signals: Here’s the crux: when your short-term moving average (like the 50-day) crosses above the long-term moving average (like the 200-day), it’s usually a green light for a buy signal, suggesting an upward trend might be starting. On the flip side, if that short-term moving average crosses below the long-term one, it’s often a sign to consider selling. Risk Management is Key: Don’t forget about risk management! It’s wise to use stop-loss orders to protect your capital. For instance, setting a stop loss at a certain percentage below your entry price can help you avoid significant losses if the market moves against you. Visuals to Assist Your Strategy Take a look at the input parameters for this strategy:   And here’s an unoptimized test of how this strategy performs:   For more insights and tools, check out the developer's website: https://it-yy.site/  

2025.11.23

MetaTrader5

Maximize Your Trading Strategy with This Versatile EA

Hey fellow traders! Today, I want to introduce you to a powerful trading tool that can enhance your strategy: an Expert Advisor (EA). This EA is designed to automatically manage your trades. Once you open an order, it intelligently places additional orders based on a grid system, which you can customize according to your preferences. Whether you want to increase your lot size or not, the choice is yours! What’s really cool is that you can set up the grid placement using two popular indicators: RSI and CCI. This means you can align your grid strategy with market signals for a more tailored approach. When it comes to closing your positions, you have options! You can choose to close trades when you hit your profit target or when there's a profit plus a moving average (MA) reversal. This flexibility allows you to stay in control of your trades. Additionally, you can close either Sell or Buy positions separately, or shut down the entire series with a single click. It’s all about making your trading experience as smooth as possible. One of the best features of this EA is its ability to trade based on signals autonomously, giving you more time to focus on other aspects of your trading. If you come across any bugs in the code or have suggestions for optimizing it, I’d love to hear from you. Collaboration is key in our trading community!

2025.11.19

MetaTrader4

Master Your Trading with This Handy EA Tool

Let’s talk about a nifty trading tool that can really streamline your trading experience. This Expert Advisor (EA) is essentially a graphical trading panel that comes packed with features. With nine buttons at your fingertips, it’s designed to assist you in your manual trading efforts. Here’s what you need to know: Lots: Set your profit targets here. Distance: Specify the distance from the current price for pending orders. Take Profit: Enter the price in pips at which your order will close with a profit. Stop Loss: Set the price in pips where your order will close to minimize losses. Now, let’s break down the buttons: Close All: This button closes all active orders with a single click. Delete Buy: Removes any pending buy orders. Delete Sell: Removes any pending sell orders. BUY: Opens a market order to buy. BUY LIMIT: Opens a pending limit order to buy. BUY STOP: Opens a pending stop order to buy. SELL: Opens a market order to sell. SELL LIMIT: Opens a pending limit order to sell. SELL STOP: Opens a pending stop order to sell. This EA can seriously enhance your trading efficiency, making it easier to manage your trades without missing a beat!

2025.11.18

MetaTrader5

Understanding Margin Calculation in Forex Trading

Hello fellow traders! Today, I want to share some insights on calculating the margin required for your trading lots. If you've ever wondered how to get a grip on your margin requirements, you’re in the right place! As I dive into coding with MQL5, I've been working on a script that helps determine the margin needed based on your lot size. One of the cool features of this code is that it lets you customize the leverage factor, giving you a clearer picture of how much margin you'll need. Now, just a heads-up: this code is still a work in progress. I'm currently testing it with Forex and metal symbols. However, I’ve noticed some discrepancies when using it with cent accounts or for CFDs and cryptocurrencies. So, keep that in mind as you play around with it! If you have any tips or feedback on how I can enhance my coding skills, I’d love to hear your thoughts. Together, we can sharpen our trading tools and strategies! Thanks for stopping by!

2025.11.13

MetaTrader5

Master the Simple Three Inside Pattern EA for MetaTrader 5

Welcome, fellow traders! Today, let's dive into a straightforward yet powerful Expert Advisor (EA) that focuses on trading the Three Inside pattern. This EA is designed to capitalize on price movements that form this specific pattern, making it a handy tool in your trading arsenal. Understanding the Three Inside Pattern There are two variations of the Three Inside pattern: Three Inside Up (See Figure 1):This pattern consists of three candles. The first one is a long bearish candle, followed by a small bullish candle that trades within the range of the first candle. Finally, we have a large bullish candle that closes above the high of the first candle, signaling a potential upward trend. Three Inside Down (See Figure 2):This pattern is the opposite. It starts with a long bullish candle, followed by a small bearish candle that trades within the range of the first bullish candle. The third candle is a long bearish candle that closes below the low of the first candle, indicating a possible downward trend. When using this EA, it's important to note that it will only open one long or one short position at a time. This helps to manage risk effectively while allowing you to take advantage of these price patterns. So, if you're looking to enhance your trading strategy with an automated approach, consider incorporating the Simple Three Inside Pattern EA into your MetaTrader 5 setup!

2025.11.09

MetaTrader5

Unlocking the Power of Probability: A Forex Expert Advisor for MetaTrader 5

Hey there, fellow traders! Today, I’m excited to share one of my all-time favorite projects—a Forex Expert Advisor (EA) designed for the MetaTrader 5 platform that harnesses the power of probability theory. This nifty tool helps you gauge the chances of price movements in your favorite financial instruments. This EA dives into the price history of a selected asset, analyzing a default of 10,000 bars. It tracks how often the price closes above or below the opening price by a set number of pips (400 pips by default) across a cluster of bars (50 bars by default). With this data, it calculates the probabilities of price increases or decreases and displays these insights right onto your chart! But that’s not all—this EA can actually execute trades based on its probability calculations. If it determines that the likelihood of a price rise is greater than 51%, it’ll open a buy position. Conversely, if it sees a fall probability exceeding 51%, it’ll go ahead and sell. When it comes to trading positions, you have some flexibility. You can either set a fixed lot size or let the EA calculate it based on your specified risk and your current account balance. Plus, if you’ve set Stop Loss and Take Profit values, the EA will automatically adjust these levels when it opens a position. To get started, make sure to set the following flag to True: input bool EnableCheckBars = true; Just a heads-up, though—this EA isn't designed to generate profits on its own. The idea of counting movements, waves, and predicting Stop Loss or Take Profit levels with simple algorithms is a bit of a long shot. The market is a complex beast, and relying solely on this kind of analysis can be a gamble. So, there you have it! If you're looking to leverage probability theory in your trading strategy, this EA could be a valuable addition to your toolkit. Happy trading!

2025.11.04

MetaTrader5

KopierMaschineMT5: The Ultimate Trade Copier for MetaTrader 5

If you're looking to streamline your trading experience on MetaTrader 5, then you need to check out KopierMaschineMT5. This powerful tool is designed to make trading easier and more efficient by allowing you to copy trades from multiple vendors directly to a single account. Let's dive into its features and how it works! Features The software operates in two modes: Master and Slave. Copy trades from different vendors into one slave account. Toggle Stop Loss and Take Profit copying on or off. Enable or disable the copying of pending orders. Conflict-free operation alongside other Expert Advisors. Compatible with accounts that have suffixes and prefixes. Change the trading direction as needed. Copy trades based on proportional volume relative to the balance, fixed volume, or the supplier's volume. Set conditions to open trades when the price on the slave account deviates from the provider's price by a specified amount. How It Works Ensure both the supplier's account terminal and the slave account terminal are open at the same time. On the terminal with the supplier account, set the Expert Advisor to WorkMode=Master and click the ON button on the panel. On the terminal with the subordinate account, set the Expert Advisor to WorkMode=Slave, select the provider's account on the panel, choose the desired trade copying options, and then click the ON button. Once these steps are completed, trades from the provider account will seamlessly copy over to the subordinate account. With KopierMaschineMT5, you can take your trading game to the next level. Whether you're a seasoned pro or just starting, this tool can help you make more informed trading decisions with ease!

2025.11.03

MetaTrader4

Unlocking Trading Success with SAR_MACD_EA on MetaTrader 4

If you’re diving into the world of trading, you might want to take a closer look at the SAR_MACD_EA for MetaTrader 4. This expert advisor operates on a 15-minute bar or candle chart, leveraging the MACD as an early signal for market direction. The primary focus here is the Parabolic SAR, which serves as the first signal for potential buy or sell opportunities. Here’s how it works: when the close of a bar or candle indicates a price action, we look back to see if the third candle prior was below the Simple Moving Average (SMA) while the previous candle closed above it. If the SAR flips below the price at this point, that's your buy signal. If the MACD shows a bullish move and the SAR is below the price, but the previous candle's close (close[1]) remains below the SMA, the strategy dictates waiting for five candles to see if the price closes above the SMA. Let’s break this down with some examples: In the first example, you’ll notice that as soon as the candle closes below the SMA, the third candle should ideally be above it. During this timeframe, the SAR should also flip above the price. By this point, the MACD should confirm a bearish move, either simultaneously or in the previous candles. Now, here’s a look at a buy scenario: This visual demonstrates the ideal conditions for executing a buy based on our strategy. Keeping track of these signals can be a game-changer for your trading approach!

2025.10.30

MetaTrader Free Indicators

MetaTrader5

Understanding Inside and Outside Bars in Trading

When it comes to candlestick patterns, two heavy hitters you definitely want to know about are Inside Bars and Outside Bars. Let’s break them down! What is an Inside Bar? An Inside Bar is a candlestick that is completely contained within the high-low range of the previous candle. In simpler terms, it’s like the market is taking a breather, unsure of its next move. What is an Outside Bar? On the flip side, an Outside Bar (often referred to as an Engulfing Bar) completely engulfs the high-low range of the previous candle. This indicates a stronger move, where either buyers or sellers have taken control. Visual Display Colored Rectangles: This feature highlights the candle bodies with colored boxes. Yellow for Inside Bars Light Pink for Outside Bars Customizable Appearance: You can adjust colors, background placement, and border width to suit your trading style. Configuration Options Toggle Visibility: Easily switch the visibility of Inside Bars and Outside Bars on your chart. Maximum Display: Control how many patterns you want to display at once. Background Placement: Choose whether the colored boxes appear behind or in front of your price action. Why Inside Bars Matter Consolidation Signals: Inside Bars indicate market indecision or compression. Breakout Setup: They often precede significant price moves, making them a great setup for traders. Continuation Patterns: They can signal a pause in the trend before the market continues in the same direction. Why Outside Bars Are Important Reversal Signals: Outside Bars often indicate potential trend changes. Engulfing Patterns: These classic candlestick patterns signal reversals and can be crucial for timing your trades. Momentum Shifts: They show whether buyers or sellers are dominating the market over the previous period. Understanding Inside and Outside Bars can give you a solid edge in your trading strategy. Keep an eye on these patterns, as they often hold the key to upcoming market movements!

2025.12.01

MetaTrader5

Understanding Fair Value Gaps (FVG) for Better Trading Decisions

Fair Value Gaps (FVG) are crucial price zones where buying and selling pressure is out of balance, resulting in noticeable "gaps" in the price action. This indicator is designed to spot two main types of FVGs, and it identifies when they have been mitigated or touched: Bullish FVG: This occurs when the low of a candle is higher than the high of a candle from two periods earlier. Bearish FVG: This happens when the high of a candle is lower than the low of a candle from two periods earlier. Dual Display Modes: You can opt for either traditional lines or filled rectangles to visualize the FVGs. Color Customization: Easily set different colors for bullish and bearish FVGs, along with their mitigated states. Line Style Control: Adjust the line style, width, and overall appearance to match your trading style. Current Timeframe Mode: Automatically identifies FVGs based on the current chart timeframe you are using. Locked Timeframe Mode: This feature displays FVGs from higher timeframes even on lower timeframe charts. You can configure up to 3 different timeframes for analysis. Each timeframe can be toggled individually for tailored insights.

2025.12.01

MetaTrader5

Mastering HTF Candles and Fair Value Gaps: A Trader's Guide

Hey there, fellow traders! Today, let's dive into a powerful indicator that can elevate your trading game—the one that projects Higher-Timeframe (HTF) candles right onto your current chart. This nifty tool also gives you the option to display their OHLC lines and Fair Value Gaps (FVGs) using the popular ICT 3-candle logic. Here’s what you can expect from this indicator: Projects multiple higher timeframe candles directly onto your chart. Accurately preserves HTF OHLC data—even on lower timeframes. Gives you the flexibility to adjust the spacing between the projected candles. Optionally shows OHLC horizontal reference lines for added clarity. Automatically detects and draws HTF Fair Value Gaps, making analysis a breeze. Ensures that all objects update smoothly and cleanly. Compatible with any timeframe and symbol, so you can use it wherever you trade. Check out the visual below to see this in action:

2025.12.01

MetaTrader5

Unlocking Trading Insights with the Candle Range Premium Indicator

Ever wished you could easily spot premium and discount zones on your trading charts? Well, you're in luck! This handy indicator highlights the premium and discount zones of a single candle from any higher timeframe you choose. With just a few clicks, you can select the candle you want to analyze—be it the current one or a previous one—using the CandleOffset feature. The indicator will automatically fetch the candle’s high, low, and midpoint. Here’s how it visually breaks it down: Premium Zone (Upper 50%) This is represented by a shaded rectangle that stretches from the candle’s midpoint to high. Discount Zone (Lower 50%) This zone is marked by a shaded rectangle extending from the low to midpoint. High / Mid / Low Lines Optionally, you can add horizontal lines that indicate the candle’s high, mid, and low points, which can be extended to the right for easy reference. User Inputs That Give You Control: The timeframe of the candle (like D1, H4, W1) Which candle to showcase (CandleOffset) Whether to display just the rectangles, the lines, or both Customize the colors for rectangles and lines, as well as the line style Choose if you want the lines to extend to the right side of your chart

2025.12.01

MetaTrader5

Understanding Previous Week High and Low for Better Trading

If you're looking to enhance your trading game, understanding the Previous Week High and Low can be a game changer. This handy indicator displays two horizontal lines: one for the Previous Week High (in your chosen color) and another for the Previous Week Low (in your chosen color).These levels are essential for:Breakout or Rejection Trading: Knowing these levels can help you identify potential breakouts or reversals.Weekly Range Analysis: They serve as a benchmark for analyzing the weekly price range.Institutional Level Tracking: These levels often align with liquidity zones where institutional traders operate.This indicator auto-fetches the previous week's high and low, drawing them as horizontal lines that cover the current week. It updates every minute and removes itself cleanly when you exit.Here's how it works:It deletes the old line (if there was one).It creates a new OBJ_TREND object with both points set at the same price, making it perfectly horizontal.It applies all visual settings:ColorWidthStyleNon-selectableBackground mode

2025.12.01

MetaTrader5

Unlocking the Tillson T3: A Trader's Hidden Gem

What Makes the Tillson T3 Special? If you’re looking for an edge in your trading strategy, let me introduce you to the Tillson T3. It’s a fun and innovative approach to moving averages that has caught the attention of many traders. The standout feature? It calculates six exponential moving averages (EMAs) internally without the need for extra indicator buffers. This not only simplifies the process but significantly boosts performance. Dive Deeper into the T3 For those who love to tinker and customize, you can check out the source code on the AlgoForge repository. The code is neatly organized into multiple files, making it user-friendly and easy to navigate. Check it out here: Tillson T3 Source Code.

2025.11.29

MetaTrader5

Mastering the Dynamic Gaussian Channel for Trading Success

Understanding the Dynamic Gaussian Channel Indicator What is it? The Dynamic Gaussian Channel indicator helps traders identify shifting support and resistance levels by utilizing smoothed price data with a Gaussian filter. Key Features Three Distinct Lines: Resistance (DRAW_LINE), Median (DRAW_LINE), and Support (DRAW_LINE). How It Works: Applies Gaussian smoothing to both high and low prices Identifies extrema over a specified period Constructs a channel formed by the smoothed values Customizable Settings: Calculation period (InpPeriod) Choose line colors and styles for each level How It Functions Initialization: Computes Gaussian filter weights for smoothing Smoothing Process: Applies the filter to high and low prices Defining Levels: Resistance = the maximum of smoothed highs for the chosen period Support = the minimum of smoothed lows for the chosen period Median = the average of support and resistance Implementation Highlights Utilizes indicator buffers to represent the three levels Employs a Gaussian filter with a 5-bar window Optimized for recalculating new bars only Compatible with various timeframes This indicator proves invaluable for pinpointing dynamic support and resistance levels, helping traders define price channels with ease.

2025.11.28

MetaTrader5

Mastering the RSI MA Signal Indicator for MT5 Trading

If you're looking for a straightforward yet powerful signal indicator for MetaTrader 5, you've landed in the right place! The RSI MA Signal Indicator marries two time-tested tools: the Relative Strength Index (RSI) and the Moving Average (MA). This combo helps you spot trend-following signals with ease. Plus, it’s designed to be a clean, non-intrusive visual tool, making it perfect for manual trading or as a reliable signal generator for your trading systems. Understanding the Strategy Logic This indicator only triggers an arrow when both of the following conditions are satisfied: Buy Signal (Blue Arrow): The closing price is above the Moving Average, confirming an uptrend. The RSI value is greater than 50, indicating bullish momentum. Sell Signal (Red Arrow): The closing price is below the Moving Average, confirming a downtrend. The RSI value is below 50, indicating bearish momentum. Key Features Clean and well-documented code for easy understanding. All parameters, including RSI Period and MA Period, are fully customizable in the input settings. Utilizes standard MT5 buffers for signals, making it perfect to use with iCustom() in your trading systems.

2025.11.27