Re: МТ4 Trading Systems: WORKSTATION

21
MTF MCP Multi Indicator List
This is a MT4 representation of a concept originally implemented in LUA. What this indicator does is to present which currency pair and on which timeframe there is a trend and if it's strong.
A word of caution: since there are 20 different indicator analysis being made at the same time for each currency pair and each TF, the use of resources is high. For that reason, the indicator updates every 60 seconds (this is customizable). And also the number of currency pairs can be customized as well as the assessed timeframes.
Also note: You need to place the Stochastic RSI indicator included here within the same folder.
Indicator conditions:
1.stochastic with default parameters
ob level 80
os level 20
k>d and k<ob level=====score +1
k<d and k>os level ===score -1
k>d and k>ob level=====score 0
k<d and k<os level ===score 0
2.rsi period 14
buy level :50
sell level :50
rsi>buy level====score +1
rsi<sell level ===score-1
3.cci period14
buy level==0
sell level==0
cci>buy level ----score +1
cci<sell level----score -1
4.williams ossilator:(%larry willlams RLW)
buy level:-50
sell level:-50
ob level:-20
os level:-80
williams ossilator>buy level and <ob level ==== score+1
williams ossilator<sell level and >os level ==== score -1
williams ossilator>buy level and >ob level ==== score 0
williams ossilator<sell level and <os level ==== score 0
5.BULLS AND BEARS IMPULSE:
IMPULSE>0----SCORE 1
IMPULSE<0---SCORE-1
6.MACD WITH DEFAULT PARAMETER
MACD>0-----SCORE+1
MACD<0----SCORE-1
7.ADX AND DMI WITH DEFAULT PARAMETER
ENTRY LEVEL:25
ADX> ENTRY LEVEL AND DMI POSITIVE>DMI NEGATIVE =====SCORE +1
ADX< ENTRY LEVEL AND DMI NEGATIVE> DMI POSITIVE=====SCORE -1
8.STOCHASTIC RSI WITH DEAULT PARAMETERS
(Indicator included here)
OB LEVEL:80
OS LEVEL:20
K>D AND K<OB LEVEL ----SCORE+1
K<D AND K>OS LEVEL---- SCORE-1
K>D AND K>OB LEVEL ----SCORE 0
K<D AND K<OS LEVEL---- SCORE 0
MOVING AVERAGES:
1. MVA 5,10,20,50,100,200
PRICE > MVA ---- SCORE+1
PRICE<MVA-----SCORE-1
2.EMA 5,10.20.50,100,200
PRICE >EMA--- SCORE +1
PRICE <EMA ----SCORE -1
MAXIMUM SCORE WILL BE 20
STRONG BUY WHEN SCORE >+15
BUY WHEN SCORE> +12
STRONG SELL WHEN SCORE <-15
SELL WHEN SCORE<-12
NEUTRAL SCORE <12 AND SCORE>-12




Re: МТ4 Trading Systems: WORKSTATION

26
Highly adaptable Bollinger Band Strategy
This expert advisor will trade according to Price crossing the Bollinger Bands Lines.
For each possible crossing:
- Top Line Cross Over
- Top Line Cross Under
- Center Line Cross Over
- Center Line Cross Under
- Bottom Line Cross Over
- Bottom Line Cross Under
The following actions can be selected:
- No action
- Buy
- Sell
- Close Buy Positions
- Close Sell Positions
- Close All Positions
- Alert
The crossings are compared with the current price and either the Close of the previous bar or checking if any part of the previous bar was at the other side of the crossing (High/Low). So this is an option the trader can choose from.
For a consolidated market the actions which make sense would be:
- Top Line Cross Over: Close Buy Positions
- Top Line Cross Under: Sell
- Center Line Cross Over: No Action
- Center Line Cross Under: No Action
- Bottom Line Cross Over: Buy
- Bottom Line Cross Under: Close Sell Positions
For a trending market the actions which make sense would be:
- Top Line Cross Over: Buy
- Top Line Cross Under: No Action
- Center Line Cross Over: No Action or Close Sell Positions
- Center Line Cross Under: No Action or Close Buy Positions
- Bottom Line Cross Over: No Action
- Bottom Line Cross Under: Sell
EA Features:
- Activate/Deactivate Expert Advisor
- Trader can set Take Profit, Stop Loss, Trailing Stop Loss (with Step) and Slippage in pips
- The TSL is activated when the trade is in profit
- Trader can set the maximum number of opened orders
- Trader can set the risk per trade to be calculated automatically or manual lots
- Trader can set the maximum risk of opened orders (a trade in profit liberates its risk for incoming orders)
- Optional Email and Sound Alerts for Orders


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