MT4 EA for automated trading with Metatrader 4 (v7.1)

Using indicators:

Pattern Recognition – an information technical indicator that finds and displays a number of the most popular figures of candlestick analysis and on its basis sends signals.

Keltner Channels are volatility-based envelopes set above and below an exponential moving average. Keltner Channels are a trend following indicator used to identify reversals with channel breakouts and channel direction. Channels can also be used to identify overbought and oversold levels when the trend is flat.

Linear Regression – trend indicator. Its main task is to point to the current trend. Its direction and strength, as well as signaling about market corrections.

Aroon Up & Down indicator – defines local vertices and valleys on the chart and provides signals to buy and sell currency pairs when they rise from the bottom or fall from the top.

BBandWidthRatio – indicator is based on the Bollinger Bands and is used to determine market volatility.

Commodity Channel Index – The CCI compares the current price to an average price over a period of time. The indicator fluctuates above or below zero, moving into positive or negative territory.

Momentum – technical indicator, the purpose of which is to measure the amount of change in the price of a financial instrument for a certain period.

RSI – the relative strength index (RSI) is a momentum indicator, that compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.

TEMA indicator – a technical indicator used for smoothing price and other data. It is a composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average.