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RSI based Overbought Oversold Detection and Signal Generation – EA MetaTrader 4

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RSI based Overbought Oversold Detection and Signal Generation - expert for MetaTrader 4
This is an EA to generate signals based on RSI signal crossing the upper level or lower level.  It detects when the market is overbought or oversold and then places trades. RSI based Overbought Oversold Detection and Signal Generation – expert for MetaTrader 4

Expert Advisor for Opening Multiple Buy and Sell Orders Based on User Input – EA MetaTrader 5

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Expert Advisor for Opening Multiple Buy and Sell Orders Based on User Input - expert for MetaTrader 5
This Expert Advisor (EA) for MetaTrader 5 (MT5) opens multiple buy and sell orders based on user input. The EA has input variables for the number of buy and sell orders, risk percentage per trade, stop loss, take profit, and slippage. It also includes a simple user interface with Buy and Sell buttons that trigger … Read more

Advisor Based on RSI and Martingale – EA MetaTrader 5

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Advisor Based on RSI and Martingale - expert for MetaTrader 5
This advisor utilizes the RSI indicator and performs adaptive search for minimums and maximums to determine optimal entry and exit points in the market. The advisor analyzes the last `BarsForCondition` candles to gauge the current market condition. Entry and Exit Strategy Entry: The advisor opens a position based on signals from the RSI indicator.   … Read more

Take Profit based on your current profit – EA MetaTrader 4

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Minimum Profit
Introduction Most EAs tend to close orders in take profit based on the distance in pips from the purchase price . However, the code used by EA NextBot is based mainly on the current profit . This approach allows you to easily manage the take profit with multiple open positions, monitoring the total current profit … Read more

Linear Regression calculation based on pine script v4 – indicator MetaTrader 5

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ScreenshotLinreg
Linear regression curve A line that best fits the prices specified over a user-defined time period. It is calculated using the least squares method. The result of this function is calculated using the formula: linreg = intercept + slope * (length – 1 – offset), where length is the y argument, offset is the z … Read more

pivots calculation based on pine script v4 – indicator MetaTrader 5

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MT5 Pivots
For MQL4 version please click here. pine script v4 function I/O : pivothigh(source, leftbars, rightbars) → series[float] pivotlow(source, leftbars, rightbars) → series[float] This indicator includes two simple functions to calculate the pivotshigh and pivotslow functions based on pine script. The functions can be used as copy and paste snippet in conversion projects from tradingview platform. Note: The … Read more

pivots calculation based on pine script v4 – indicator MetaTrader 4

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pivots calculation based on pine script v4 - indicator for MetaTrader 4
For MQL5 version please click here. pine script v4 function I/O : pivothigh(source, leftbars, rightbars) → series[float] pivotlow(source, leftbars, rightbars) → series[float] This indicator includes two simple functions to calculate the pivotshigh and pivotslow functions based on pine script. The functions can be used as copy and paste snippet in conversion projects from tradingview platform. Note: The … Read more