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Top 5 trading robots for profit on forex in 2021

Top 5 trading robots for profit on forex in 2021

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Foreign exchange trading is one method to make big as well as steady earnings in a reasonably brief

This indicator calculates support and resistance prices in multi-timeframes with different formulations and draws them on the chart in the style that you choose. And, if you want, the indicator can warn you when the current price reaches these reference levels.


Time frame: hourly, daily, weekly, monthly
Formulations: Classic, Camarilla, Woody, Demark, Paul, Fibonacci
Notification Parameters: send a mobile message, send an email, show a message, sound alert
 
[ How to buy | Installation and update | Testing | Other products ]

[Click to go to MetaTrader 5]

Why do I need this indicator:

  • Time shift: you can set the starting hour for the calculation. This way, you can see the levels regardless of the time zone of the broker’s server.
  • Advanced levels: you can enable the resistance levels R5 and R4 or the support levels S4 and S5.
  • Previous period: you can show the prices of the previous period, which were used to calculate the support and resistance levels. Such as the opening price, closing price, maximum price and low price.
  • Midpoints: you can show the midpoints between the support and resistance levels.
  • Style: you can set the style parameters for all the U-turn levels separately. For example, Type, Width, Color, Length (short or long line), Draw background and Disable selection, etc.
  • Compatibility: this indicator works flawlessly with other indicators on the same chart. And, if you want, you can use it in the code of another custom indicator or Expert Advisor to get all the support and resistance prices from the indicator buffer.
  • Versatility: you can use it more than once on the same chart with different period settings. For example: one with a daily period setting, the second with a weekly period setting, or if you want, you can also add a third with a monthly period setting.
  • Double notification: if you want, you can set two types of alerts. For example, you can receive a push message to your phone and an email message at the same time.
  • Recalculate: when starting a new period, the indicator calculates new prices and automatically draws reversal levels on the chart.
  • Saving time: time is the most valuable thing. Don’t waste your precious time calculating reversal levels every day.

Recommends:

  • AlertPreviousPeriod: turn it on carefully. If the price of one of the previous periods is very close to the support or resistance price, and the current price moved in this range, you can get a lot of warning messages. Please check the prices of the previous period before opening it.
  • PipDeviation: This number sets the sensitivity between the current price and the reversal levels in pips. If you set this parameter to “0”, the current price should correspond to exactly the same price for the alert. On the other hand. If you set this parameter to “3”, you will receive a warning when the current price approaches 3 pips to any levels. For this reason, you should set a maximum of 10 so as not to receive many messages.

Warning Parameters:

If you chose SendEmail, you need to configure the email settings (MetaTrader> Tools> Options>> Email address).

If you selected SendMobilMessage, you need to configure the push notification parameters (MetaTrader> Tools> Options>> Notifications).

Important! The “Send Email” and “Send Mobile Message” options cannot be used in the Strategy Tester. But if you select ShowAlertMessage, you will be able to see all the alarms created in the strategy tester log section.

Read More...

This indicator calculates support and resistance prices in multi-timeframes with different formulations and draws them on the chart in the style that you choose. And, if you want, the indicator can warn you when the current price reaches these reference levels.


Time frame: hourly, daily, weekly, monthly
Formulations: Classic, Camarilla, Woody, Demark, Paul, Fibonacci
Notification Parameters: send a mobile message, send an email, show a message, sound alert
 
[ How to buy | Installation and update | Testing | Other products ]

[Click to go to MetaTrader 5]

Why do I need this indicator:

  • Time shift: you can set the starting hour for the calculation. This way, you can see the levels regardless of the time zone of the broker’s server.
  • Advanced levels: you can enable the resistance levels R5 and R4 or the support levels S4 and S5.
  • Previous period: you can show the prices of the previous period, which were used to calculate the support and resistance levels. Such as the opening price, closing price, maximum price and low price.
  • Midpoints: you can show the midpoints between the support and resistance levels.
  • Style: you can set the style parameters for all the U-turn levels separately. For example, Type, Width, Color, Length (short or long line), Draw background and Disable selection, etc.
  • Compatibility: this indicator works flawlessly with other indicators on the same chart. And, if you want, you can use it in the code of another custom indicator or Expert Advisor to get all the support and resistance prices from the indicator buffer.
  • Versatility: you can use it more than once on the same chart with different period settings. For example: one with a daily period setting, the second with a weekly period setting, or if you want, you can also add a third with a monthly period setting.
  • Double notification: if you want, you can set two types of alerts. For example, you can receive a push message to your phone and an email message at the same time.
  • Recalculate: when starting a new period, the indicator calculates new prices and automatically draws reversal levels on the chart.
  • Saving time: time is the most valuable thing. Don’t waste your precious time calculating reversal levels every day.

Recommends:

  • AlertPreviousPeriod: turn it on carefully. If the price of one of the previous periods is very close to the support or resistance price, and the current price moved in this range, you can get a lot of warning messages. Please check the prices of the previous period before opening it.
  • PipDeviation: This number sets the sensitivity between the current price and the reversal levels in pips. If you set this parameter to “0”, the current price should correspond to exactly the same price for the alert. On the other hand. If you set this parameter to “3”, you will receive a warning when the current price approaches 3 pips to any levels. For this reason, you should set a maximum of 10 so as not to receive many messages.

Warning Parameters:

If you chose SendEmail, you need to configure the email settings (MetaTrader> Tools> Options>> Email address).

If you selected SendMobilMessage, you need to configure the push notification parameters (MetaTrader> Tools> Options>> Notifications).

Important! The “Send Email” and “Send Mobile Message” options cannot be used in the Strategy Tester. But if you select ShowAlertMessage, you will be able to see all the alarms created in the strategy tester log section.

This indicator calculates support and resistance prices in multi-timeframes with different formulations and draws them on the chart in the style that you choose. And, if you want, the indicator can warn you when the current price reaches these reference levels.


Time frame: hourly, daily, weekly, monthly
Formulations: Classic, Camarilla, Woody, Demark, Paul, Fibonacci
Notification Parameters: send a mobile message, send an email, show a message, sound alert
 
[ How to buy | Installation and update | Testing | Other products ]

[Click to go to MetaTrader 5]

  • Time shift: you can set the starting hour for the calculation. This way, you can see the levels regardless of the time zone of the broker’s server.
  • Advanced levels: you can enable the resistance levels R5 and R4 or the support levels S4 and S5.
  • Previous period: you can show the prices of the previous period, which were used to calculate the support and resistance levels. Such as the opening price, closing price, maximum price and low price.
  • Midpoints: you can show the midpoints between the support and resistance levels.
  • Style: you can set the style parameters for all the U-turn levels separately. For example, Type, Width, Color, Length (short or long line), Draw background and Disable selection, etc.
  • Compatibility: this indicator works flawlessly with other indicators on the same chart. And, if you want, you can use it in the code of another custom indicator or Expert Advisor to get all the support and resistance prices from the indicator buffer.
  • Versatility: you can use it more than once on the same chart with different period settings. For example: one with a daily period setting, the second with a weekly period setting, or if you want, you can also add a third with a monthly period setting.
  • Double notification: if you want, you can set two types of alerts. For example, you can receive a push message to your phone and an email message at the same time.
  • Recalculate: when starting a new period, the indicator calculates new prices and automatically draws reversal levels on the chart.
  • Saving time: time is the most valuable thing. Don’t waste your precious time calculating reversal levels every day.
  • AlertPreviousPeriod: turn it on carefully. If the price of one of the previous periods is very close to the support or resistance price, and the current price moved in this range, you can get a lot of warning messages. Please check the prices of the previous period before opening it.
  • PipDeviation: This number sets the sensitivity between the current price and the reversal levels in pips. If you set this parameter to “0”, the current price should correspond to exactly the same price for the alert. On the other hand. If you set this parameter to “3”, you will receive a warning when the current price approaches 3 pips to any levels. For this reason, you should set a maximum of 10 so as not to receive many messages.

Warning Parameters:

If you chose SendEmail, you need to configure the email settings (MetaTrader> Tools> Options>> Email address).

If you selected SendMobilMessage, you need to configure the push notification parameters (MetaTrader> Tools> Options>> Notifications).

Important! The “Send Email” and “Send Mobile Message” options cannot be used in the Strategy Tester. But if you select ShowAlertMessage, you will be able to see all the alarms created in the strategy tester log section.

  • AlertPreviousPeriod: turn it on carefully. If the price of one of the previous periods is very close to the support or resistance price, and the current price moved in this range, you can get a lot of warning messages. Please check the prices of the previous period before opening it.
  • PipDeviation: This number sets the sensitivity between the current price and the reversal levels in pips. If you set this parameter to “0”, the current price should correspond to exactly the same price for the alert. On the other hand. If you set this parameter to “3”, you will receive a warning when the current price approaches 3 pips to any levels. For this reason, you should set a maximum of 10 so as not to receive many messages.
  • AlertPreviousPeriod: turn it on carefully. If the price of one of the previous periods is very close to the support or resistance price, and the current price moved in this range, you can get a lot of warning messages. Please check the prices of the previous period before opening it.
  • PipDeviation: This number sets the sensitivity between the current price and the reversal levels in pips. If you set this parameter to “0”, the current price should correspond to exactly the same price for the alert. On the other hand. If you set this parameter to “3”, you will receive a warning when the current price approaches 3 pips to any levels. For this reason, you should set a maximum of 10 so as not to receive many messages.

Warning Parameters:

If you chose SendEmail, you need to configure the email settings (MetaTrader> Tools> Options>> Email address).

If you selected SendMobilMessage, you need to configure the push notification parameters (MetaTrader> Tools> Options>> Notifications).

Important! The “Send Email” and “Send Mobile Message” options cannot be used in the Strategy Tester. But if you select ShowAlertMessage, you will be able to see all the alarms created in the strategy tester log section.

Warning Parameters:

If you chose SendEmail, you need to configure the email settings (MetaTrader> Tools> Options>> Email address).

If you selected SendMobilMessage, you need to configure the push notification parameters (MetaTrader> Tools> Options>> Notifications).

Important! The “Send Email” and “Send Mobile Message” options cannot be used in the Strategy Tester. But if you select ShowAlertMessage, you will be able to see all the alarms created in the strategy tester log section.

Warning Parameters:

If you chose SendEmail, you need to configure the email settings (MetaTrader> Tools> Options>> Email address).

If you selected SendMobilMessage, you need to configure the push notification parameters (MetaTrader> Tools> Options>> Notifications).

Important! The “Send Email” and “Send Mobile Message” options cannot be used in the Strategy Tester. But if you select ShowAlertMessage, you will be able to see all the alarms created in the strategy tester log section.

Key Features of Algorithmic Trading Software

01 March 2021

3.1

Trading functions

Trading strategy

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