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EA-BollingerBreakout_v1-0.mq4
6.6 KB
Bollinger bands is one of the most popular technical indicators. It can be used for trading breakout strategies as well as for capturing reversals. Below you can download a free expert advisor for MetaTrader 4 that uses Bollinger bands breakouts for entry signals.
The indicator is based on standard deviation measurement and plays a role of volatility bands for the given exchange rate. A breakout beyond those bands is a statistically rare even, which signals a significant predisposition of traders to either buy or sell.
Entry Signal
Buy signal when the price is above the upper band.
Sell signal when the price is below the lower band.
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The indicator is based on standard deviation measurement and plays a role of volatility bands for the given exchange rate. A breakout beyond those bands is a statistically rare even, which signals a significant predisposition of traders to either buy or sell.
Entry Signal
Buy signal when the price is above the upper band.
Sell signal when the price is below the lower band.
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VOLUME-PROFILE-The-insiders-guide-to-trading.pdf
5.7 MB
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This professional Volume Profile indicator transforms how you visualize market activity on your MT4 chart. Unlike standard volume indicators that only show horizontal bars, this tool creates a vertical histogram directly on your chart β exactly where price trades.
What it draws:
PVP (Point of Control) β The price level with highest trading activity (dark gray line)
VWAP β Volume Weighted Average Price (aqua line)
Standard Deviation Bands β 1, 2, and 3 SD levels above/below VWAP
Volume Histogram β Heat-mapped colored rectangles showing volume distribution by price
POC Line β Highlights the most traded price (aqua horizontal line)
Interactive Vertical Lines β Drag to adjust analysis period
Real-time Labels β SD value & Skew indicator
Core logic: The indicator aggregates volume (or TPO) data across your selected time range, then calculates where most trading occurred and how price relates to volume-weighted averages.
Trading Applications
π Support/Resistance β PVP and SD bands act as magnet levels
π― Mean Reversion β Trade back to VWAP when price reaches SD2/SD3
π Breakout Confirmation β Volume building at new prices = conviction
β° Session Analysis β Analyze specific trading sessions
π Auction Theory β Understand where value is accepted/rejected
β Why Use This Indicator?
βοΈ Professional-grade β Same concepts used by institutional traders
βοΈ No repainting β Static analysis once calculated
βοΈ Works on any symbol β Forex, indices, commodities, crypto
βοΈ Multiple timeframe analysis β Run on M1 for intraday, H4 for swing
βοΈ Free & open source β Complete transparency
βοΈ Telegram support channel β Active community
ππ HAPPY TRADING !!!!π π
β‘οΈ Simple Forex EAs βοΈ
βοΈ The our chat: https://t.me/gb_eas π«
β
Admin: @simpleforextooladmin π₯·β
βΉοΈ The best VPS service βΉοΈ
π¨ Scammer alert!! π¨ β¬
οΈ READ IT!!! DON'T BE STUPID!!β
What it draws:
PVP (Point of Control) β The price level with highest trading activity (dark gray line)
VWAP β Volume Weighted Average Price (aqua line)
Standard Deviation Bands β 1, 2, and 3 SD levels above/below VWAP
Volume Histogram β Heat-mapped colored rectangles showing volume distribution by price
POC Line β Highlights the most traded price (aqua horizontal line)
Interactive Vertical Lines β Drag to adjust analysis period
Real-time Labels β SD value & Skew indicator
Core logic: The indicator aggregates volume (or TPO) data across your selected time range, then calculates where most trading occurred and how price relates to volume-weighted averages.
Trading Applications
π Support/Resistance β PVP and SD bands act as magnet levels
π― Mean Reversion β Trade back to VWAP when price reaches SD2/SD3
π Breakout Confirmation β Volume building at new prices = conviction
β° Session Analysis β Analyze specific trading sessions
π Auction Theory β Understand where value is accepted/rejected
β Why Use This Indicator?
βοΈ Professional-grade β Same concepts used by institutional traders
βοΈ No repainting β Static analysis once calculated
βοΈ Works on any symbol β Forex, indices, commodities, crypto
βοΈ Multiple timeframe analysis β Run on M1 for intraday, H4 for swing
βοΈ Free & open source β Complete transparency
βοΈ Telegram support channel β Active community
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This innovative indicator identifies key supply & demand zones by connecting fractal swing points with dynamic trend lines. Unlike standard support/resistance tools, it draws intelligent sloping levels that follow price action and automatically cluster nearby fractals into meaningful zones.
What it draws:
πΊ Fractal Arrows β Yellow arrows mark swing highs (234) and swing lows (233)
π Trend Arrows β Red arrows connecting lower highs (downtrend structure)
π Trend Arrows β Aqua arrows connecting higher lows (uptrend structure)
π Support/Resistance Levels β Sloping lines showing where price has been rejected
π Multi-Fractal Clusters β Thicker lines = more confirmation points
π‘ Volume Labels β Shows average volume between connected fractals
Core logic:
Identifies fractal extremes (HH/LL) based on
Filters weak fractals using dynamic price/time thresholds
Clusters nearby fractals into single, stronger levels
Draws sloping trend lines that project future support/resistance
Auto-adjusts parameters based on your current timeframe
β Why This Indicator?
βοΈ Dynamic levels β Traditional S/R lines are static; these move with price
βοΈ Self-optimizing β Adjusts to any timeframe automatically
βοΈ Multi-confirmation β Thicker lines = higher probability zones
βοΈ Volume context β See which swings had participation
βοΈ Clean chart β No clutter, only relevant levels
βοΈ Free & open source β Complete transparency
ππ HAPPY TRADING !!!!π π
β‘οΈ Simple Forex EAs βοΈ
βοΈ The our chat: https://t.me/gb_eas π«
β
Admin: @simpleforextooladmin π₯·β
βΉοΈ The best VPS service βΉοΈ
π¨ Scammer alert!! π¨ β¬
οΈ READ IT!!! DON'T BE STUPID!!β
What it draws:
πΊ Fractal Arrows β Yellow arrows mark swing highs (234) and swing lows (233)
π Trend Arrows β Red arrows connecting lower highs (downtrend structure)
π Trend Arrows β Aqua arrows connecting higher lows (uptrend structure)
π Support/Resistance Levels β Sloping lines showing where price has been rejected
π Multi-Fractal Clusters β Thicker lines = more confirmation points
π‘ Volume Labels β Shows average volume between connected fractals
Core logic:
Identifies fractal extremes (HH/LL) based on
FractalBarsOnEachSideFilters weak fractals using dynamic price/time thresholds
Clusters nearby fractals into single, stronger levels
Draws sloping trend lines that project future support/resistance
Auto-adjusts parameters based on your current timeframe
β Why This Indicator?
βοΈ Dynamic levels β Traditional S/R lines are static; these move with price
βοΈ Self-optimizing β Adjusts to any timeframe automatically
βοΈ Multi-confirmation β Thicker lines = higher probability zones
βοΈ Volume context β See which swings had participation
βοΈ Clean chart β No clutter, only relevant levels
βοΈ Free & open source β Complete transparency
π
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β’ Session Gain, +$6766.61
β’ Capital Stability, Maintained
The algorithm handled the process end-to-end: π€
Identify β Execute β Complete
Every entry on XAU/USD, every exit executed with surgical precision.
Flawless. Repeatable. Consistent.
π¬ @Furrey_Admin
This is the precision we maintain.
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Start on the Daily or 4H timeframe and determine market direction using BOS, CHoCH, and liquidity.
Wait for price to approach:
β’ Order Blocks
β’ Fair Value Gaps (FVGs)
β’ Supply/Demand Zones
β’ Premium or Discount Areas
Wait for price to sweep highs/lows or internal liquidity before looking for confirmation.
Drop to a lower timeframe (15Mβ5M) and wait for:
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