Forex EA and Indicators
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CAP Channel Trading
The CAP Channel Trading is a volatility-based indicator that makes use of the β€œadvanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity.
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CAP Channel Trading.ex4
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Benefits of the Channel Trading Indicator


CAP Channel Trading works with any asset
It can be applied to any financial assets: forex, cryptocurrencies, metals, stocks, indices. It will provide pretty accurate estimations and tell you when it’s best to open a deal.
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Supertrend Line
The Supertrend indicator was originally created by a french fellow named Olivier Seban, and its goal is to identify the Primary Trend of prices. Its calculation is easy and based on the average of Highs and Lows and then we add the volatility of a custom period, plus a multiplier. This way we get the Supertrend Line.

You can find in the web several approaches and trading strategies using this very useful indicator.
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Supertrend Line.ex5
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HOW TO "READ" THIS INDICATOR
If the closing prices are above Supertrend Line, there is a Bullish sentiment at that moment. The opposite is a Bearish sentiment.
Some traders use the Supertrend Line as a Stop Loss boundary.
It is a lagging indicator, so sue Price Action and other tools to prepare your strategy accordingly.


PARAMETERS
Period of analysis (# of bars)
Multiplier
Indicator new Internal Name - Useful to fast recalibrate several instances of this indicator in realtime through Minions Labs Recalibrator.
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LT Automated Support Resistance Screener

LT Automated Support Resistance Screener is a level indicator or a support resistance indicator that can be used to determine the level of support and resistance values.

This indicator is free and easy to used in the Metatrader 4 platform which is built using the MQL4 programming language.

Support resistance indicator is an important indicator that is often to used, but it is not available on the MT4 platform.

This indicator can be used for all markets like forex, indices, gold etc and all time frames.
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React Fibonacci Chart
Features

Indicator for Fibonacci Retracement Trading
A Fibonacci chart is drawn based on the previous bar selected among 1H, 4H, 1D, and 1W.
When the market price touches the Fibonacci level, the color changes and the touch time is displayed.
The Fibonacci graph is drawn at -23.6, 0, 23.6, 38.2, 50, 61.8, 76.4, 100, and 123.6 levels and the chart refreshes when the bar is updated.
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React Fibonacci Chart.ex5
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Variables

Timeframe : A Fibonacci chart is drawn with the selected time frame among 1H, 4H, 1D, and 1W.
FiboWidth : Determines the thickness of the level.
FiboStyle : Set the style of the pivot level.
TouchedColor : Color that changes when touched
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Follow The Line MT5
This indicator obeys the popular maxim that: "THE TREND IS YOUR FRIEND"

It paints a GREEN line for BUY and also paints a RED line for SELL. (you can change the colors).

It gives alarms and alerts of all kinds. IT DOES NOT REPAINT and can be used for all currency pairs and timeframes.

Yes, as easy and simple as that. Even a newbie can use it to make great and reliable trades.
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Trend Signals Pro
Simplify your trading experience with Trend Signals Professional indicator.
Easy trend recognition.
Precise market enter and exit signals.
Bollinger Bands trend confirmation support.
ATR-based trend confirmation support. (By default this option is OFF to keep interface clean. You can turn it ON in indicator settings.)
Easy to spot flat market conditions with ATR-based trend confirmation lines.
Highly customizable settings.
Fast and responsive.
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