Multi_BreakEven.mt4 – script MetaTrader 4

Multi_BreakEven.mt4 - script for MetaTrader 4
  Multi_BreakEven enables setting multiple entry positions to breakeven, either through pips or a target price, once the trade becomes favorable. This feature ensures that the investor safeguards their investment, allowing the trade to either reach the desired profit target or exit at the breakeven point. Traders can opt for the Pips method, which defaults … Read more

PA RSI – indicator MetaTrader 4

PA RSI - indicator for MetaTrader 4
With its advanced algorithm and precise calculations, this indicator provides traders with timely and highly reliable signals to enter or exit trades at the optimal point. By effectively indicating the end of trends, it enables traders to enhance their decision-making process and maximize their profits. Whether you are a beginner or an experienced trader, the … Read more

Multi time frame example by recursion – indicator MetaTrader 4

Multi time frame example by recursion - indicator for MetaTrader 4
The purpose of this indicator is to demonstrate newbie friendly way a structure of a multi time frame indicator based on recursion. A function which is responsible of the indicator calculation itself can be replaced easily. A functionality which is responsible of downloading of multi time frame data can also be utilized and if modified … Read more

Closing all open trades if all one symbol and one trade direction – script MetaTrader 4

Closing all open trades if all one symbol and one trade direction - script for MetaTrader 4
All open trades must be of same symbol and type, e.g. all GBPUSD and all BUY. This script will close out your position using one large trade to hedge your position then using CloseBy() function to close all trades against the one large trade until all trades are closed. There can be a maximum of … Read more