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2024-05-20T06:07:14+10:00 https://forex-station.com/feed/topics_active 2024-05-20T06:07:14+10:00 2024-05-20T06:07:14+10:00 https://forex-station.com/post1295541973.html#p1295541973 <![CDATA[MT4 Indicators • MT4 Coding Examples]]> New Feature: unique ids for multiple indicator usage on same chart

Previous version: pipsometer_5_decimal

New Version: pipsometer 5 decimal

Date Coded: 15/05/2024pipsometer_5_decimal.mq4Not downloaded yet 11.61 KiB
pipsometer 5 decimal.mq4Downloaded 5 times 14.61 KiB

Statistics: Posted by chris006 — Mon May 20, 2024 6:07 am — Replies 36 — Views 2876


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2024-05-20T05:59:58+10:00 2024-05-20T05:59:58+10:00 https://forex-station.com/post1295541972.html#p1295541972 <![CDATA[MT5 Indicators • MT5 Expert advisors]]>

Statistics: Posted by JohnnyRy — Mon May 20, 2024 5:59 am — Replies 6 — Views 830


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2024-05-20T05:44:44+10:00 2024-05-20T05:44:44+10:00 https://forex-station.com/post1295541969.html#p1295541969 <![CDATA[MT4 Indicators • Volume Indicators for MT4]]> which is insane
needs adjustments per timeframe but well worth it
Capture.PNG

Statistics: Posted by WOLF — Mon May 20, 2024 5:44 am — Replies 861 — Views 430127


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2024-05-20T05:42:15+10:00 2024-05-20T05:42:15+10:00 https://forex-station.com/post1295541968.html#p1295541968 <![CDATA[Trading Systems • XARD - Simple Trend Following Trading System]]>
This section explains how I use stops in my trading strategy.

**Setting Stops:**

First, download the enclosed stop script and copy it to the **scripts** folder, then restart MT4. You can set the stop by left-clicking it, holding, and dragging it to the desired level. If you need to change the stop, simply drag another one onto the screen and drop it at the new stop level; it will auto-update.

**Trade Entry:**

I enter a trade when the price crosses the MA lines, the candle changes color, and it's moving in the direction of the current Arrow dot.

**Using Stops:**

When I make a trade, I use two types of stops:

1. **Physical Stop:**
- This is an actual stop order placed at the current Arrow Dot.
- It serves as a fail-safe in case of sudden market movements due to news spikes or if the market moves against me while I'm not paying attention.

2. **Virtual Stop:**
- Set closer to the entry point, typically just above/below at the crossing of EMAs 13 and 55, this is where the RSI often crosses the mid-level area, indicating a likely movement. Hence, I do not use an RSI anymore but I use the 13/55 EMA instead.
- This represents a mental stop where I monitor the situation closely.

**Execution:**

In real market conditions, situations can change rapidly. If the price reverts back over the EMA lines, I rely on my intuition. If my gut tells me to exit, I do so immediately, well before hitting my virtual stop. I don't second-guess my instincts; I act upon them and move on.

If I decide to stay in and my virtual stop is hit, I close the trade without hesitation and wait for the next opportunity to set up.
Xard777

PS I have included the Take Profit TP script as well, again just drag and drop onto the level on the chart where the TP should be and repeat to update._TP Mouse.ex4Downloaded 6 times 3.84 KiB
_SL Mouse.ex4Downloaded 6 times 8.41 KiB

Statistics: Posted by xard777 — Mon May 20, 2024 5:42 am — Replies 15252 — Views 3820433


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2024-05-20T05:19:25+10:00 2024-05-20T05:19:25+10:00 https://forex-station.com/post1295541965.html#p1295541965 <![CDATA[Trader's Lounge • Best of Don The Con]]>
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Statistics: Posted by JohnnyRy — Mon May 20, 2024 5:19 am — Replies 221 — Views 8704


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2024-05-20T05:14:08+10:00 2024-05-20T05:14:08+10:00 https://forex-station.com/post1295541964.html#p1295541964 <![CDATA[MT4 Indicators • Various (Specialist) indicators for MT4]]>
hey mrtools and kvak
can you enable a setting to plot lines instead of histogram... so if histogram type is draw lines it will draw all 3 ema lines
thanks
Try.! Madrid trend squeeze - avgs.ex4Downloaded 6 times 321.07 KiB
EURUSDH1.png

Statistics: Posted by mrtools — Mon May 20, 2024 5:14 am — Replies 1273 — Views 513841


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2024-05-20T04:58:22+10:00 2024-05-20T04:58:22+10:00 https://forex-station.com/post1295541963.html#p1295541963 <![CDATA[Trader's Lounge • News]]>
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Statistics: Posted by WOLF — Mon May 20, 2024 4:58 am — Replies 700 — Views 61326


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2024-05-20T04:35:49+10:00 2024-05-20T04:35:49+10:00 https://forex-station.com/post1295541961.html#p1295541961 <![CDATA[MT4 Indicators • Ichimoku Indicators for MT4]]>
hi coders
may add shift and smooted mode to this indicator ?
thanke you
Shift and pre-smoothing added.! Smoothed tenkan sen kijun sen filled.ex4Downloaded 4 times 307.15 KiB
EURUSDH1.png

Statistics: Posted by mrtools — Mon May 20, 2024 4:35 am — Replies 521 — Views 241709


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2024-05-20T04:14:42+10:00 2024-05-20T04:14:42+10:00 https://forex-station.com/post1295541960.html#p1295541960 <![CDATA[MT4 Indicators • Something interesting please post here (Metatrader)]]>
Respected kvak,

This indicator : fisher (+mod) : is really useful and good output : on zero level cross : in H1 Time Frame.

If you find this useful for all users then Request to Kindly Add :
1) your magic of all averages
2) Candle Colour if possible
3) button


Thanks a Lot.
Thanks again & again for each and every experiment / indicators.
Here is updated sub-window version. For candle version, must make new version - tomorrow.
metaeditor_H56oBgsRuG.png

fisher (+mod)1.1.ex4Downloaded 6 times 431.19 KiB

Statistics: Posted by kvak — Mon May 20, 2024 4:14 am — Replies 3885 — Views 1129689


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2024-05-20T04:10:47+10:00 2024-05-20T04:10:47+10:00 https://forex-station.com/post1295541959.html#p1295541959 <![CDATA[MT4 Indicators • Supertrend indicators for MT4]]>
Super trend mod as request from HERE
May i request vhf adaptation for this? The atr doesnt seem to find the right thresholds before turning and ends up with some pretty awful signals, just because the nature of supertrend
Vertical Horizontal Filter

A little explanation about VHF [ Vertical Horizontal Filter ] - it will make the an indicator's Signal more accurate.

Vertical Horizontal Filter [VHF] does not, itself, generate trading signals, but determines whether signals are taken from trend or momentum indicators.
  • Rising values indicate a Trend.
  • Falling values indicate a ranging market.
  • High values precede the end of a trend.
  • Low values precede a trend start.[/
VHF.mq4Downloaded 8 times 1.98 KiB

Statistics: Posted by WOLF — Mon May 20, 2024 4:10 am — Replies 440 — Views 215899


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2024-05-20T03:41:22+10:00 2024-05-20T03:41:22+10:00 https://forex-station.com/post1295541956.html#p1295541956 <![CDATA[MT4 Indicators • Already Converted TradingView Indicators to MT4 Indicators]]>
Mr tools! This is a good indicator. please convert this indicator to mt4. thank you very much!!
Maybe try THIS is close.

Statistics: Posted by kvak — Mon May 20, 2024 3:41 am — Replies 427 — Views 252270


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2024-05-20T02:51:32+10:00 2024-05-20T02:51:32+10:00 https://forex-station.com/post1295541952.html#p1295541952 <![CDATA[Trader's Lounge • What kind of music do you listen to during trading?]]>
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Cajun French never sounded so good as that.🕺

Statistics: Posted by JohnnyRy — Mon May 20, 2024 2:51 am — Replies 1552 — Views 174895


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2024-05-20T02:41:34+10:00 2024-05-20T02:41:34+10:00 https://forex-station.com/post1295541950.html#p1295541950 <![CDATA[Trader's Lounge • Traders joking (Memes, Jokes & anything funny to pass time between trades)]]> iframe

Statistics: Posted by Banzai — Mon May 20, 2024 2:41 am — Replies 3298 — Views 375402


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2024-05-20T02:34:00+10:00 2024-05-20T02:34:00+10:00 https://forex-station.com/post1295541948.html#p1295541948 <![CDATA[Trading Systems • 🪲Beatle's Trend Trading System🪲]]>
I don't know if it's good or not but most of the sellers are using this "sales" system :

1- someone buys the product because tol get a bonus
2- you contact the seller for the bonus and asks you to put a 5 stars comment in order to send it to you
3- you publish a fantastic 5 stars comment and recommend others to buy it ( without trying the the product )
4- more people buy the product because of your comments and the bonus
5- if you complain because the product is bad your negative comment is deleted
6- got to step 1
There are many proof in the reviews and comments.

Statistics: Posted by normannasty — Mon May 20, 2024 2:34 am — Replies 4139 — Views 1113745


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2024-05-20T02:03:25+10:00 2024-05-20T02:03:25+10:00 https://forex-station.com/post1295541945.html#p1295541945 <![CDATA[Trader's Lounge • WW3 Countdown]]>
Screenshot_591.png
⚡️The Russian sea minesweeper "Kovrovets" was destroyed at night - the Navy of Ukraine
Screenshot_592.png

Statistics: Posted by vvFish — Mon May 20, 2024 2:03 am — Replies 2863 — Views 173539


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