Weekly Breakout Forex expert advisor opens positions in the direction of a breakout from a previous week's range. It uses the Low of the previous week as the stop-loss for its buy orders, and it uses High of the previous week as the stop-loss level for its sell orders.
Pattern Recognition Master MetaTrader indicator is the kind of indicator that helps you with the routine work, marking the candlesticks on the chart with the names of the corresponding patterns (like doji or shooting star) where applicable.
Basing Candlesticks MetaTrader indicator — is an automatic indicator that detects and marks basing candles on the chart. A basing candle is a candle with body length less than 50% of its high-low range.
BB MACD MetaTrader indicator — is a basic MACD (Moving Average Convergence Divergence) indicator variation, which helps in detecting the trend change points and measuring the current trend's strength.
Simple Forex ZigZag trading strategy is system for MT4 platform that uses just one indicator but has approximately 75% profitability when tested as an EA.
It is profitable to use Fibonacci wave for Forex trading. How to apply Fibonacci Wave trading strategy and to determine entry, stop loss, and exit points?