Re: MT5 Trading Utilities, Chart Tools & Add-ons

2
Currency Strength Meter

Released date: March 20th, 2022
Coder: Andrew Ingosi Likare
Currency Strength Meter for MetaTrader 5 with configurable timeframe parameter, It was converted from "Currency Strength Giraia 28 pairs TRO MODIFIED" MetaTrader 4 version

MT4 version is over here:
viewtopic.php?p=1295441729#p1295441729
These users thanked the author Banzai for the post (total 5):
太虚一毫, Jimmy, Thangarasu, mhipolito, Ricstar_8

Re: MT5 Trading Utilities, Chart Tools & Add-ons

4



Trade Position and Back Testing Tool
(on/off button)

coder: Issam Kassas
released date: April 16, 2024

Place this file in the Expert Advisors folder instead.
MQL5 > Experts > Advisors


The Trade Position and Back-testing Tool:

The "Trade Position and Backtesting Tool" aka "Risk Reward Ratio Tool" is a comprehensive and innovative indicator designed to enhance your technical analysis and trading strategies.
The Risk Tool is a comprehensive and user-friendly solution for effective risk management in forex trading. With the ability to preview trade positions, including entry price, stop-loss (SL), and take-profit (TP) levels, it offers a transparent view of upcoming trades. The user-friendly panel features automatic balance and custom balance options, along with automatic lot and risk calculations. It supports various trade previews, covering market buy and sell, buy stop, and sell stop orders. The tool includes an Advanced Risk-to-Reward Ratio feature, allowing highly customizable movements anywhere on the chart, complete with buy and sell setups. The smart display of trading information includes essential details like lot size to open, stop-loss, TP, and order type. It also provides the convenience of auto-adjusting risk when moving SL or TP levels, a one-button magnet to the current price, and a hotkey for easy hiding and showing of the risk tool. Additionally, the tool offers back-testing ability for a thorough analysis of trading strategies.

Features:
Preview trade positions with details such as entry price, stop-loss (SL), and (TP) levels.
User friendly panel: comes with automatic balance and custom balance.
Automatic lot calculation and risk calculation.
Trades preview all kind: Market buy and sell, buy stop and sell stop orders ...
Advanced Risk to Reward Ratio tool: highly customizable moves anywhere in the chart, with buy and sell set up.
Smart display of trading info: like Lot size to open, stop loss and TP, order type.
Auto adjust risk when moving SL or TP levels.
One button magnet to the current price.
Hot Key to hide and show the risk tool.
Back-testing ability

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For MT4 version, please go here:
post1295539557.html#p1295539557
These users thanked the author Banzai for the post:
thomdel

Re: MT5 Trading Utilities, Chart Tools & Add-ons

5


Trading Session Time with Alert

coder: Issam Kassas
released date: May 16, 2023

The Trading Sessions Time Indicator:

The "Trading Sessions Time Indicator" is a powerful technical analysis tool designed to enhance your understanding of different trading sessions in the forex market. This seamlessly integrated indicator provides crucial information about the opening and closing times of major sessions, including Tokyo, London, and New York. With automatic time zone adjustment, it caters to traders globally, helping them optimize their trading schedules for high liquidity periods and avoid low-activity hours. Offering insights into market sentiment, peak volatility periods, and overlapping sessions, the indicator aids intraday traders in making precise decisions aligned with their strategies. Its customizable display allows for a personalized user experience, while smart trading plans incorporating its data can potentially lead to improved trading outcomes. By promoting awareness of low-activity periods, the indicator helps traders avoid overtrading and focus on quality opportunities. Seamlessly compatible with various trading platforms, the "Trading Sessions Time Indicator" is a valuable tool for traders looking to optimize their trading journey.

Features:

Optimized Schedule: Informs major session times, and Aligns with high liquidity.
Alerts to phone and email: Alert you when the session starts.
Kill zones: Set up the kill zones while trading ICT style with alerts.
Overlap Analysis: Explores session overlaps and Targets increased activity.
Intraday Precision: Aids intraday decisions and Focuses on strategy-aligned sessions.
Customizable Display: Personalizes preferences and Options for colors and settings.
Smart Trading Plans: Integrates for productivity and Enhances outcomes with planning.
Avoid Overtrading: Raises low-activity awareness and Prioritizes quality over impulsiveness.
Seamless Integration: Integrates easily and quick installation for immediate use and Enhances analysis for an optimized journey.
Global Time Zone Adaptation.
Volatility Awareness.

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For MT4 version, please go here:
post1295539560.html#p1295539560
These users thanked the author Banzai for the post (total 2):
TransparentTrader, 88FX88




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