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Simple Forex Tools
Indicator ZZ Algo Signals & Overlays for TradingView.rar
4.1 MB
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ZZ Algo Signals & Overlays V1 @simpleforextools.ex4
29.3 KB
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Simple Forex Tools
Volatility Genration MT5.rar
880.7 KB
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An upward movement of the MetaTrader5 oscillator indicates increasing strength in the uptrend, while a downward movement indicates a strengthening downtrend, helping traders identify volatility strength.
The Volatility Quality Zero Line (VQZL) Indicator is a trend detection tool based on moving averages and ATR. When the VQZL MT5 indicator crosses above or below the zero level and moves upwards or downwards, it confirms a market trend change.
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Simple Forex Tools
Volatility Quality Zero Line MT5.rar
785.9 KB
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β Market analysis: Momentum Capture EA v3.1 uses the Momentum indicator to identify strong price movements. For example, entering a long position can occur when Momentum rises above the zero level, and EMA confirms an uptrend.
β Market entry: The EA opens a trade when both indicators (Momentum and EMA) confirm the direction of movement. This reduces the number of false signals.
β Market Exit: Positions are closed when the momentum weakens (e.g. Momentum starts to decline) or when certain conditions are reached, such as a trend reversal.
β Risk Management: The lack of fixed stop losses is compensated by dynamic closing of trades, but this requires the trader to closely monitor the market and adjust the parameters.
β Momentum: Determines the strength and direction of the price movement. The EA can enter the market when the Momentum line crosses a certain level (e.g. 100) in the direction of growth or decline.
β Moving Average (EMA): Used to confirm the trend. The market is entered when the EMA line coincides with the Momentum direction.
β The EA does not set fixed stop losses and take profits. Positions are closed dynamically depending on the market situation, which allows you to adapt to changing conditions.
β Supports trailing stop to lock in profits when the price moves favorably.
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Simple Forex Tools
HEDAM BABA MT4 V1.0.rar
1.3 MB
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The blue trend lines represent liquidity highs, while the red lines indicate liquidity lows. Static trend lines appear on the chart as double-top or Double Bottom patterns.
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Liquidity Finder Levels Indicator (ICT) for MT5.rar
792.3 KB
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