PL chart – is a powerful indicator of building bars on the profit / loss on your account. In this case, the schedule symbol does not matter. Each bar built PL chart, is a value of the profit or loss of the corresponding bar on the price of the terminal graph. This is handy because you can see the profit / loss for the month, week, day, hour, minute, and so on, simply by switching timeframes schedule. For example, if you want to see the amount of profit on the account of the day, just go to any schedule, select the D1 timeframe and throw in PL chart on the chart. Indicator draw profit / loss by day, and you can scroll the graph back and forth to see the results for the different days.
Displays divergence for any user of the indicator. It is enough to specify the name of the indicator, the default DeMarker.
Additionally, you can set the smoothing of the selected indicator readings and levels, at the intersection where you can be notified. Custom indicator must be compiled (with the extension EX5 file) and be in the directory MQL5 / Indicators client terminal or nested subdirectories. Used zero buffer preset indicator with default parameters.
Indicator name – name of the indicator, which will be calculated for the divergence, the default DeMarker;
Period DeMarker – averaging period DeMarker, default 7;
Applied price – the price used by defaultClose price;
Smoothing method – smoothing method by default Simple;
Smooth – smoothing period, the default 4;
Level1 – level indicator, the default 0.3;
Level2 – level indicator, the default 0.7;
Bar for divergence calculated – bar number to calculate the divergence, the default second;
Calculated bar – the number of bars to display divergence default 300;
Filter by volume – filter by volume, by default false. When enabled, if the amount is less than the average for the previous 100 bar, the divergence signals are not supplied. A choice of three modes: False, True, Auto. In Auto mode, the filter is automatically turned on the M30 timeframe and under, off timeframe older M30;
Display divergence alert – inclusion of divergence warning, default true;
Arrows displacement – offset for the display of arrows, default 0.0001;
Display cross level alert – Enable notifications for the intersection of the given indicator levels, default true;
Draw indicator trend lines – device to display trend indicator lines at divergence default true;
Draw price trend lines – the phone to display the trend lines on the chart with the divergence, default true;
Line bull divergence color – the choice of color of the trend line with the bullish divergence on Green default;
Line bear divergence color – the choice of color of the trend line with bearish divergence, the default Red.
Also I recommend indicator: Angle DeMarker – display DeMarker line angle for a more accurate determination of potential points of minimum and maximum.
item management is time-consuming? adviser Trade Manager Pro It can do this for you, avoiding the errors inherent in the trader, and improving the quality of your trade. Advisor improves the efficiency of your trade ten times!
Capital preservation is the highest priority
It allows profits to grow without your participation
The initial value of the stop-loss and take-profit is also installed automatically
Advisor produces the following steps after you open an item:
The initial stop-loss is set automatically (Optional)
The initial take profit is set automatically (Optional)
Additional gains fixed as soon as possible by closing the trade 50% (Optional)
Moves to stop loss at the first time bezubytka (Optional)
Move the stop level using your chosen method, prior to his trip (Optional)
Other interesting features:
informational content (Just look at the terminal to find out what actions produced Advisor)
Trailing Stop colored leaves “footprints” on the screen.
Customizable risk reward ratio in the case of partial closure and achieve bezubytka level.
Select from five different methods of working with a trailing stop!
Supported methods of working with a trailing stop
Channel Donchian (Donchian Channel)
Average True Range
Try out the free version!
Since the adviser does not trade in its own and its behavior can be assessed only by opening the position, I also put a free version.
It is completely suitable for the job, is not limited by timeframes, but has fewer features.
Ratio of profit to risk in case of partial closure and achievement level bezubytka is 1: 1
Partial closing always occurs at 50% of the lot size
Trailing stop does not leave “footprints” on the screen
Only one method of working with a trailing stop (point)
Why position management plays an important role in the trade?
Take two professional traders and plant them for a terminal in a random day of the week. One we’ll give the job to buy EUR / USD, and the other – to sell the same pair. Most probably both of our traders will go from the position at a profit, or at least with minimal loss due to the partial closure of their positions at the right time.
Now we take two inexperienced traders and give them the same task. Most likely, both closed with a loss. Why? What’s so special professionals know they do not know to begin? And how can you replicate their success?
The answer lies in the correct exit from the position. The idea that the way out of position is always more important than the entrance, is fairly well known, but it seems, does not have much popularity among retail traders. Ask for an inexperienced trader, why he took a position, and you’ll hear something like: “The euro area is going through hard times, so I decided to sell” or “The Australian dollar has just touched the support line, so I went into the purchase.”
Newcomers are always looking for suitable entry point, often focusing on the “unmistakable signals to buy / sell”, while the disciplined and professional traders are constantly looking for suitable exit point and never forget the preservation of capital.
Beginners usually start to worry about the correct closing position only after open it. This leads to the formation of harmful traders for trading habits. Traders begin to manage emotions such as fear and greed. As a result, the trader holds open losing positions in the hope of turning and closing profitable, already afraid of losing profits. That is, he does exactly the opposite of what needs to do really!
Each transaction must comply with the following provisions:
Capital preservation is the highest priority
Cuts off the loss quickly
Let profits run
Stop-loss moves following the price only when necessary to keep the profits (Leaving the transaction is enough time to develop)
Stop-loss is moved only once in a bar, not at every tick.
The need for partial closing evaluated on each tick.
Arturo Lopez Perez, a private investor, speculator, programmer and founder of Point Zero Trading Solutions.
MTFCandle – this multiple timeframe indicator showing the candle higher timeframes on the current chart. For some policies require testing of candles larger timeframe and the indicator simplifies this task for the trader.
MTFCandle It has the following advantages:
Displays the top candle on the current chart.
It displays the last candle in a different color specified in the parameters.
You can use multiple copies of the indicator on the chart to display candles with multiple timeframes.
You can move the candles along the axes x and y.
Which timeframe?Select timeframe, candles you want to display on the current timeframe.
How many Candle?: If you set this parameter number, the indicator will show only some candles timeframe selected in the previous parameter.
Y axis in pip : Shift candles Y axis (in pixel units).
X axis in pip: Shifting the candles on the X axis (in pixels unit).
Border lines width : The thickness of the lines.
Bear candle color Select a color for the body of bearish candles.
Bear candle line color: Select the outline color for the bearish candles.
Bull candle color: Select a body color for bullish candle.
Bull candle line colorSelect outline color for bullish candle.
Show Last candle color differ? If you want the last candle had a different color, set to true and set the options below, otherwise set to false, set the parameters below is not necessary.
Last Bear candle color: Select the color of the body for the last bearish candle.
Last Bear candle line colorSelect the outline color for the last bearish candle.
Last Bull candle colorSelect a color for the body of the last bullish candle.
Last Bull candle line colorSelect the outline color for the last bullish candle.
A revolutionary new method of early detection of the beginning of the trend with the popular ADX indicator methods. The new system adapts to the market and eliminates the additional conditions and copes with its task.
When using classical ADX indicator for acknowledgment signal necessary to ADX line crossed certain level 20, 22, 26 and so on. D. It is extremely difficult to choose this level not only for different tools but for different periods of the same graph. Unfortunately, this makes a brilliant ADX is practically useless.
The solution was simple, but conceptual. The new indicator we abandon this level at all. To determine the trend calculated by the new line, which is at the intersection of + DI from the bottom up gives a sell signal, and at the intersection of -DI bottom up gives a buy signal. And the reverse crossing gives a signal for the end of a trend.
In the signal line has a sensitivity setting. The higher the value, the higher the filter market noise with high volatility instruments. The lower the value, the more accurate signal. Recommended values - from 5 to 10 (default 6).
As a bonus, the new display has a choice of display information from any standard timeframe.
Timeframe of ADX (0 – current) – timeframe from which data is taken for the indicator
ADX period – the period of ADX
Applied price (close, open, etc.) – type of price, to which the indicator is applied
Sensitivity of signal line – signal line sensitivity (optimally 5-10)
Averaging method – a method of smoothing the signal line
This indicator simply divides the main character with another character, and displays the result as a graph (similar to RSI). It also displays the latest value of the ratio in the indicator window.
This helps you to manage hedging or market analysis.
For example, if the price of gold is 1200, and the price of silver – 16, this indicator shows the result of 75 in the indicator window. We’ll also show the history of the results for later prices according to your timeframe. This allows you to find the best prices to hedge two characters. In this example, the price of gold is sometimes increases and silver do not grow with the same pressure as gold. You can define a situation of this indicator and to hedge these characters, selling gold and buying silver.
Second Symbol – the exact name of the second character, which will share the current character.
Do you want to active alert – Set to true to enable sound notifications.
Alert when value more than – if the indicator value is greater than the specified here will be supplied to the alert.
Alert when value less than – if the indicator value is below the specified here will be supplied to the alert.
For example, if you open a graph price of gold, and you want to split the price of gold on the price of silver, as the second character must be specified “SILVER”.
Be careful, the second parameter is a character-sensitive, you must enter the name exactly as it appears in the list of terminal symbols.
ALT – fully automated Advisor, written for the pair EURUSD. trades on 15 minutestimeframe (in other time frames and currency pairs not tested). Trading volume is used to open a position, the adviser determines itself, it does not depend on the results of previous transactions.
In expert set automatic settings, there is no need for anything extra to set up, except for the parameter corresponding to the stop-loss.
Resistant to a temporary connection is broken or short-term shut down the computer. After turning on the computer itself Advisor will continue to trade.
Always works only with its own orders, it is possible to parallel trade manually;
terms of trade
compulsory leverage to 1: 500;
The recommended initial deposit – 1000 conventional units (RUR, EUR, USD).
RiskDeposit – a deposit in% of the current at which the loss is triggered stop loss. Default “RiskDeposit” is set at around 50%. The graph in the screenshot for this value.
Advisor “ALT“I tested on all the available range. The maximum drawdown of 16.51% was achieved by the test, and was 0.07% absolute. All other information, see the skrinshote or independent testing.
Your display is not properly display visual signals to the input / output of the position?
Universal Custom Indicator designed to add alerts system of the signals and proper visual display signals to the input / output position of any custom indicator. Universal Custom Indicator can be used with any display, runs the buffers.
Adding alerts signals in any custom indicator
Notification by email
Adding to the arrow indicator signals to improve the visual perception
Compatible with any user indicator (Buffer basis)
Note: Demo version It is designed to work only on a pair EURUSD. Get the full version via the link: https://www.mql5.com/ru/market/product/16855
Enter the name of the indicator to which you want to add a warning / arrow in the field ‘Indicator_Name’ in the input parameters window (enter the name of the indicator exactly as it appears in your platform. Sensitive and punctuation).
Enter the indicator settings in the ‘Indicator Parameters’ in the input parameters (enter all the parameters, separated by commas).
Type Buy and Sell buffers indicator fields ‘Buy Buffer’ and ‘Sell Buffer’ in the input parameters. (If you do not know the value of the buffer, it is possible to automatically receive buffers).
Enter the required notification settings (Enable / Disable Alert, Enable / Disable notifications to Email, Enable / Disable the mobile device)
Automatic tuning indicator buffers
What is the buffer indicator?: Buffer indicator – it is a signal that is returned by the indicator. We buy signals and sell signals different buffers. Orders for the purchase and sale are opened depending on the buffer.
Automatic adjustment buffersIf you do not know the value of the buffer, it is possible to automatically receive buffers. To automatically receive buffers, follow these steps:
Set Buffer_Selection in meaning Chart Display
On the chart there will be two vertical lines (one blue and one red). Put the blue line on a buy signal, the red on a sell signal.
press Buffer Set, and buffers Buy and Sell will appear on the screen.
Indicator_Name: Indicator for modification (case sensitive, sensitive to punctuation – For example: ZigZag, Heiken_Ashi).
Dynamic channel, sliding on the graph automatically. The essence of the indicator is that it is the closest in time fractal stories, looking for the next, and is pursuing a line on him. On the opposite side of the wire parallel line to the maximum fractal. The indicator works on all currency pairs and all timeframes, beginning with M1. Better use of the time frames from H1 and above.