Trend Wave MT5
Trend Wave EA is an MT5 FREE EA that utilizes the Trend Wave indicator, a tool designed to identifying the start and end of new wave trend movemnets. Its core functionality as an oscillator aids traders in identifying overbought and oversold zones, thereby enabling them to catch short-term price reversals with precision.
The implementation of the Trend Wave indicator within the EA framework is designed to catch short-term price reversals with remarkable precision. This capability is especially valuable in the Forex market, where volatility and rapid changes are the norms. The EA’s strategic use of the indicator enables traders to make informed decisions, enhancing their potential for profit in fluctuating markets.
Trend Wave EA is an MT5 FREE EA that utilizes the Trend Wave indicator, a tool designed to identifying the start and end of new wave trend movemnets. Its core functionality as an oscillator aids traders in identifying overbought and oversold zones, thereby enabling them to catch short-term price reversals with precision.
The implementation of the Trend Wave indicator within the EA framework is designed to catch short-term price reversals with remarkable precision. This capability is especially valuable in the Forex market, where volatility and rapid changes are the norms. The EA’s strategic use of the indicator enables traders to make informed decisions, enhancing their potential for profit in fluctuating markets.
Trend Wave EA.ex5
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One of the more controversial aspects of the MT5 FREE EA is its use of the Martingale strategy. This approach involves doubling down on trades following a loss, with the intent of recovering previous losses and achieving a profit once a winning trade occurs. While this can result in spectacular recoveries and significant profits, it is not without its risks.
The Martingale strategy inherently carries a high level of risk due to its potential to rapidly deplete a trading account during a prolonged losing streak. As losses accumulate, the amount required to recover and achieve a profit grows exponentially, which can lead to substantial financial strain.
The Martingale strategy inherently carries a high level of risk due to its potential to rapidly deplete a trading account during a prolonged losing streak. As losses accumulate, the amount required to recover and achieve a profit grows exponentially, which can lead to substantial financial strain.
Perfect Score MT4/MT5
This Perfect Score EA is a fully automated MT4 and MT5 Robot that works based on short-term reversal patterns at the opening of the London Stock Exchange. Timing is everything in trading. The Perfect Score EA recognizes this and capitalizes on the opening hours of one of the world’s premier stock exchanges, the London Stock Exchange (LSE). But why this particular time? The LSE opening hours often witness substantial liquidity and volatility in the FX market. The EA aims to leverage short-term reversal patterns by entering this strategic juncture.
Instead of relying on conventional indicators or intricate algorithms, the Perfect Score EA looks at the inherent nature of FX prices. During the LSE session, there’s a noticeable tendency for prices to gravitate towards their average value. This tendency forms the crux of the strategy, allowing the EA to pinpoint potential profitable trades.
This Perfect Score EA is a fully automated MT4 and MT5 Robot that works based on short-term reversal patterns at the opening of the London Stock Exchange. Timing is everything in trading. The Perfect Score EA recognizes this and capitalizes on the opening hours of one of the world’s premier stock exchanges, the London Stock Exchange (LSE). But why this particular time? The LSE opening hours often witness substantial liquidity and volatility in the FX market. The EA aims to leverage short-term reversal patterns by entering this strategic juncture.
Instead of relying on conventional indicators or intricate algorithms, the Perfect Score EA looks at the inherent nature of FX prices. During the LSE session, there’s a noticeable tendency for prices to gravitate towards their average value. This tendency forms the crux of the strategy, allowing the EA to pinpoint potential profitable trades.
Recommendations for this MT5 Robot
Minimum account balance of 100$.
It Works best on EURUSD and GBPUSD. (Work on any pair.)
Work Best M5 TimeFrame. (Work on any TimeFrame.)
To get proper results, You have to set the GMT parameter correctly according to your broker’s GMT Offset.
Minimum account balance of 100$.
It Works best on EURUSD and GBPUSD. (Work on any pair.)
Work Best M5 TimeFrame. (Work on any TimeFrame.)
To get proper results, You have to set the GMT parameter correctly according to your broker’s GMT Offset.
Cybertrade Auto Fibonacci
Cybertrade Auto Fibonacci retraction and projection - MT5
##### Free indicator for an indefinite period. #####
Auto Fibonacci is an indicator that automatically plots the Fibonacci retracement and projection based on the number of bars you select in the indicator setting.
You can customize nine different levels of retraction and three levels of projection.
It works on periods longer than the period visible on the chart.
All values are available in the form of buffers to simplify possible automations.
This indicator is the same one we use in our EA.
Also check out our other products.
Cybertrade Auto Fibonacci retraction and projection - MT5
##### Free indicator for an indefinite period. #####
Auto Fibonacci is an indicator that automatically plots the Fibonacci retracement and projection based on the number of bars you select in the indicator setting.
You can customize nine different levels of retraction and three levels of projection.
It works on periods longer than the period visible on the chart.
All values are available in the form of buffers to simplify possible automations.
This indicator is the same one we use in our EA.
Also check out our other products.
Forwarded from 𝐅𝐗 𝐓𝐫𝐚𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭𝐬
Auto Supply and Demand Indicator MT4/MT5
This Supply and Demand Indicator is an Indicator for MT4 or MT5 that automatically spots Supply and Demand levels and plots them on the chart. The Auto Supply and Demand Indicator aims to aid traders in their daily trading by automatically identifying and drawing rectangular areas on the MT4 and MT5 charts where the price has previously interacted.
This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.
This Supply and Demand Indicator is an Indicator for MT4 or MT5 that automatically spots Supply and Demand levels and plots them on the chart. The Auto Supply and Demand Indicator aims to aid traders in their daily trading by automatically identifying and drawing rectangular areas on the MT4 and MT5 charts where the price has previously interacted.
This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.
Forwarded from 𝐅𝐗 𝐓𝐫𝐚𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭𝐬
The Algorithm Behind the Supply and Demand Indicator
The Supply and Demand Indicator operates on a sophisticated algorithm that makes extensive use of the ZigZag pattern to detect significant price levels:
ZigZag Pattern: This pattern identifies the highs and lows in the price chart, which are crucial for spotting price swings and subsequently, potential supply and demand zones.
Supply and Demand Levels: The indicator uses the ZigZag data to pinpoint important supply and demand levels, visually represented as histograms on the chart.
Volume Assessment: The proximity of the price to these levels dictates the histogram’s volume, providing a quantitative measure of market interest and sentiment.
Combining the ZigZag pattern with volume assessment gives traders a comprehensive view of upcoming price movements and market conditions.
The Supply and Demand Indicator operates on a sophisticated algorithm that makes extensive use of the ZigZag pattern to detect significant price levels:
ZigZag Pattern: This pattern identifies the highs and lows in the price chart, which are crucial for spotting price swings and subsequently, potential supply and demand zones.
Supply and Demand Levels: The indicator uses the ZigZag data to pinpoint important supply and demand levels, visually represented as histograms on the chart.
Volume Assessment: The proximity of the price to these levels dictates the histogram’s volume, providing a quantitative measure of market interest and sentiment.
Combining the ZigZag pattern with volume assessment gives traders a comprehensive view of upcoming price movements and market conditions.
Forwarded from 𝐅𝐗 𝐓𝐫𝐚𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭𝐬