Next price predictor using Neural Network – indicator MetaTrader 4

Next price predictor using Neural Network - indicator for MetaTrader 4
Autor: gpwr Version History: 06/26/2009 – added a new indicator BPNN Predictor with Smoothing.mq4, in which prices are smoothed using EMA before predictions. 08/20/2009 – corrected the code calculating the neuron activation function to prevent arithmetic exception; updated BPNN.cpp and BPNN.dll 08/21/2009 – added clearing of memory at the end of the DLL execution; updated … Read more

Break-even price level (without loss level) – script MetaTrader 4

Break-even price level (without loss level) - script for MetaTrader 4
The script shows the price value, where total profit for all of the opened positions will have positive values (without loss level, or break-even price level). If you close all of the opened positions at this price, the total profit will be non-negative. This method is used in the expert, you can see trade results … Read more

Detrended Price Oscillator (DPO) – indicator MetaTrader 5

Detrended Price Oscillator
Detrended Price Oscillator removes the trend effect of price movement. This simplifies the process of finding out cycles and overbought/oversold levels. Long-term cycles consist of several shorter cycles. Analyzing such short components helps to define crucial moments of the cycle’s development. DPO gives a chance to eliminate the influence on prices of long-term cycles. To … Read more

Price Channel – indicator MetaTrader 5

Price Channel indicator
The market is often accelerates and decelerates its movements, so it’s not easy to draw the straight lines of support and resistance levels. The Price Channel Indicator draws the price channel, its upper and lower boundaries are determined by maximal and minimal prices for a certain period. Price Channel indicator Price Channel – indicator MetaTrader … Read more

Price and Volume Trend (PVT) – indicator MetaTrader 5

Price and Volume Trend indicator
Price and Volume Trend (PVT) indicator, like On Balance Volume (OBV), represents the cumulative sum of trade volumes calculated considering close price changes. The calculation algorithm is close to that of the indicator OBV. But in OBV we add the whole daily volume to the current indicator value when close prices are higher, and detract … Read more

Price Rate of Change (ROC) – indicator MetaTrader 5

Price Rate of Change indicator
As you know, prices drop and grow in ondulatory way, in cycles. This cyclic movement is a result of change in investors’ expectations and the price control fight between bulls and bears. Price Rate of Change (ROC) reflects this ondulatory movement like an oscillator, measuring the difference in prices in a certain period. ROC grows … Read more

Delete a Pending Order by Point and drop over the price order (green dashed line) – script MetaTrader 4

Delete a Pending Order by Point and drop over the price order (green dashed line) - script for MetaTrader 4
Description: Select the pending order you want to delete when you have severals pending orders on a same chart by point and drop over the price of the pending order you want to delete. You have severals pending orders placed on a chart and you want to delete one specific pending order? Just point a … Read more

Change your pending order PRICE, SL or TP by just drag and drop a script – script MetaTrader 4

Change your pending order PRICE, SL or TP by just drag and drop a script - script for MetaTrader 4
I have attached 3 scripts that will help you to modify the price, the Stop Loss and Take Profit of a pending order. Once you have added a pending order to your chart with a SL and a TP use the following scripts: DROP_MOVE_PENDING_PRICE.mq4 : If you want to move the price of your pending … Read more