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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.
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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 histogramβs 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 histogramβs 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.
Trend Plus Breakout
The Trend Plus Breakout strategy is a robust trading system that builds on the principles of the London Breakout strategy, similar to the Hans Breakout method but with modifications aimed at enhancing the box size from which trading signals are derived. This guide will explore the mechanics of the Trend Plus Breakout strategy, which is ideal for traders who focus on the Forex market and seek to capitalize on the specific movements during the early London session.
The strategy operates on a 15-minute timeframe, focusing on the period from 6 to 9 AM GMT, corresponding to early trading hours in Berlin. During these hours, the strategy identifies a βboxββa range that encapsulates the high and low price movements. The goal is to determine breakout points as the market moves beyond this established range.
The Trend Plus Breakout strategy is a robust trading system that builds on the principles of the London Breakout strategy, similar to the Hans Breakout method but with modifications aimed at enhancing the box size from which trading signals are derived. This guide will explore the mechanics of the Trend Plus Breakout strategy, which is ideal for traders who focus on the Forex market and seek to capitalize on the specific movements during the early London session.
The strategy operates on a 15-minute timeframe, focusing on the period from 6 to 9 AM GMT, corresponding to early trading hours in Berlin. During these hours, the strategy identifies a βboxββa range that encapsulates the high and low price movements. The goal is to determine breakout points as the market moves beyond this established range.
Trend-Plus-Breakout-System.zip
47.4 KB
This London Breakout Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and set protection or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.
This Breakout Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
This Breakout Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
Silver Trend Following Scalping Strategy for MT5
Silver Trend Following Strategy is an MT5 Scalping Strategy that relies on two NON-Repainting indicators. Itβs a strategy known for its fast trade execution and short holding periods, two precise indicators and a clear set of rules. This is where the Silver Trend Following Scalping Strategy shines, offering traders a systematic approach to making quick, trend-based trades with a high potential for profitability.
The strategy is built upon two main indicators that are key for identifying trading opportunities: the Silver Trend and a Star indicator. The Silver Trend indicator is configured to move very slowly, ensuring that it accurately captures the essence of the market trend without being swayed by minor fluctuations. This deliberate pacing allows traders to confirm the presence of a solid trend before making their move.
Silver Trend Following Strategy is an MT5 Scalping Strategy that relies on two NON-Repainting indicators. Itβs a strategy known for its fast trade execution and short holding periods, two precise indicators and a clear set of rules. This is where the Silver Trend Following Scalping Strategy shines, offering traders a systematic approach to making quick, trend-based trades with a high potential for profitability.
The strategy is built upon two main indicators that are key for identifying trading opportunities: the Silver Trend and a Star indicator. The Silver Trend indicator is configured to move very slowly, ensuring that it accurately captures the essence of the market trend without being swayed by minor fluctuations. This deliberate pacing allows traders to confirm the presence of a solid trend before making their move.
Silver-Trend-Following-Scalping-Strategy.zip
42.6 KB
On the other hand, the Star indicator is set to react quickly, enabling traders to enter and exit trades at the most opportune moments. This combination of a slow-moving trend indicator with a fast timing indicator is what makes the Silver Trend Following Scalping Strategy uniquely effective.
This MT5 Trend Following Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
This MT5 Trend Following Strategy can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.
Gold Intelligence EA
Gold Intelligence EA is an automated Gold Forex Robot specially designed to trade on an XAUUSD(GOLD) pair. Itβs a sophisticated trading robot engineered to harness the power of advanced neural networks and has a unique trading methodology rooted in a neuroscanner framework. This article explores the capabilities, advantages, and realistic expectations surrounding this EA.
At the heart of Gold Intelligence EA is its use of advanced neural networks, termed as βneuroscannerβ technology. This approach allows the EA to analyze both historical and current market data with exceptional accuracy. While many developers claim the use of neural networks, itβs crucial to discern between mere marketing jargon and genuinely effective implementations. NeuroGold Traderβs technology stack includes several specialized neural plugins, each designed to enhance various aspects of trading:
Gold Intelligence EA is an automated Gold Forex Robot specially designed to trade on an XAUUSD(GOLD) pair. Itβs a sophisticated trading robot engineered to harness the power of advanced neural networks and has a unique trading methodology rooted in a neuroscanner framework. This article explores the capabilities, advantages, and realistic expectations surrounding this EA.
At the heart of Gold Intelligence EA is its use of advanced neural networks, termed as βneuroscannerβ technology. This approach allows the EA to analyze both historical and current market data with exceptional accuracy. While many developers claim the use of neural networks, itβs crucial to discern between mere marketing jargon and genuinely effective implementations. NeuroGold Traderβs technology stack includes several specialized neural plugins, each designed to enhance various aspects of trading:
Gold Intelligence EA.ex4
455.8 KB
Recommendations for this Free Gold EA
Minimum account balance of 100$.
EA is specially made to work on XAUUSD(Gold).
Work best H1 TimeFrame. (Work on any TimeFrame)
This Intelligence EA should work on VPS continuously to reach stable results. So we recommend running this Free Gold EA on a reliable VPS
Minimum account balance of 100$.
EA is specially made to work on XAUUSD(Gold).
Work best H1 TimeFrame. (Work on any TimeFrame)
This Intelligence EA should work on VPS continuously to reach stable results. So we recommend running this Free Gold EA on a reliable VPS
300 Pips Weekly: A Simple Forex Strategy with Price Action
The 300 Pips a Week with Price Action trading forex strategy is designed to generate consistent gains by leveraging the power of support and resistance zones. This system aims to capture substantial weekly profits by carefully filtering entry signals.
Strategy Parameters
Currency Pairs: Any
Timeframe: M15 and higher
Trading Time: Any
Platform: MetaTrader 4
Risk Management: Keep trade risk between 2-5% of the total deposit per trade.
The 300 Pips a Week with Price Action trading forex strategy is designed to generate consistent gains by leveraging the power of support and resistance zones. This system aims to capture substantial weekly profits by carefully filtering entry signals.
Strategy Parameters
Currency Pairs: Any
Timeframe: M15 and higher
Trading Time: Any
Platform: MetaTrader 4
Risk Management: Keep trade risk between 2-5% of the total deposit per trade.
300 Pips Weekly A Simple Forex Strategy with Price Action.zip
264.3 KB
Indicators Used
Highest Lowest and Reentry Point: Identifies key price points.
Magnified Price: Displays market prices more clearly.
Supply and Demand: Marks support and resistance zones.
RatisCy Filter: Confirms trend direction.
Symbol Changer Profit Display: Facilitates quick currency pair selection.
Installing Indicators and Templates
Unpack the zip file containing templates and indicators.
Copy the indicators into the MQL4/Indicators folder.
Place the template files into the templates folder.
Restart the MetaTrader 4 terminal to apply the changes.
Open the chart of the desired currency pair.
Apply the template named β300 pips a week.tpl.β
Highest Lowest and Reentry Point: Identifies key price points.
Magnified Price: Displays market prices more clearly.
Supply and Demand: Marks support and resistance zones.
RatisCy Filter: Confirms trend direction.
Symbol Changer Profit Display: Facilitates quick currency pair selection.
Installing Indicators and Templates
Unpack the zip file containing templates and indicators.
Copy the indicators into the MQL4/Indicators folder.
Place the template files into the templates folder.
Restart the MetaTrader 4 terminal to apply the changes.
Open the chart of the desired currency pair.
Apply the template named β300 pips a week.tpl.β