Posts found: 1 to 10 of 160


I bought one indicator called binary destroyer and the seller names Jamie charged me 100Euros for the indicator.

The indicator is same as HalfTrend indicator which is a FREE. And the seller doesn't have any strategy on how to use it. He will show only history charts where there are only wins. Initially he started saying just if arrow is out of bands, then trade. Later that was failing. He smartly changed saying you should do price action, support and resistance, zig zag and higher highs and lower lows... If you know all these you actually don't need the indicator.

He has a closed group in Facebook and hardly 2 people are showing as they making money and I guess they are working for him and other 100s of goats like me are in group thinking they can make profit.

I asked the seller to give a strategy on using the indicator as all his startegies are fails. He blocked me and removed from group as well.

Don't buy such worst indicators.

Go to forum: Report Frauds Go to post

Enjoy the best indicator in the world, you can see the only important support and resistance in multi time frame

The attached files deleted by forum Admin!

WARNING: If you create a forum topic for advertising purposes in any forum section, you must make your topic STICKY, otherwise, your topic will be deleted and you will be suspended to create further forum posts. There are no exceptions!

Go to forum: ► 3,000 + Open-Source Forex Indicators Go to post

Also attached indicator which draws support and resistance levels. It repaints but helpful in bigger tf

Go to forum: ► 5,000 + Open-Source Forex Robots Go to topic Go to post

USDCHF: The pair looks to weaken further in the new week on corrective pullback threats. On the downside, support lies at the 0.9850 level. A turn below here will open the door for more weakness towards the 0.9800 level and then the 0.9750 level. On the upside, resistance resides at the 0.9950 level where a break will clear the way for more strength to occur towards the 1.0000 level. Further out, resistance comes in at the 1.0050 level. Above here if seen will turn attention to 1.0200. All in all, USDCHF faces further corrective downside pressure

Go to forum: Major Currency Pairs. Go to post

Ichimoku Kinko Hyo System indicator developed by Goichi Hosoda is based on the popular Ichimoku Kinko Hyo trading principles. It’s a complete system that gives you buy and sell signals for every currency pair and time frame. It’s composed of three main sections: 1) Overall trend direction, 2) open and short positions, 3) support and resistance levels.
Trading Signals
BUY: Wait for the indicator to open a new buy position.
SELL: Wait for the indicator to open a new sell position.

Go to forum: ► 5,000 + Open-Source Forex Robots Go to topic Go to post

odomike wrote:

What's the minimum account balance to start trading with this EA? Can it work on small accounts of less than $500? And can you tell us the lot size to start with based on a $1,000 account for instance? We can scale according to account equity afterwards.

For this, and most of other martingale based EA an absolute min. of $5000 running 0.01 lot is needed (the more the better)from my experience ! Adjusting your pipstep will also reduce risk (higher pipstep = less risk). Don't use too high multiplier (Lotexp), the default of 1.357 is fine to start off. With martingale EA's, BE SURE THAT ONE DAY YOUR ACCOUNT WILL BLOW UP. ! It's not a question of will it happen but a question of WHEN will it happen, so be carefull :-)

What I would do if I only had $500 for trading this EA. Open 5 different cent account of $100 (= 10.000 cent). Run on EACH account a different pair (pick non trending pairs) with 1 chart buy EA and another chart Sell EA. Use your preferrable pairs and time frames.
At the end of each week you will TAKE THE PROFITS of the equity, not balance (above $100) and put it on a side account. If EA is at loss that week, let it run until in profit and then also take profits off. Do this with the 5 different accounts, each week.
If at a given point, one accounts blows up, you will have most likely made already enough profits on your "side" accounts to start up a new one.

You also have to think that such EA's are not "set and forget". You have to keep an eye on it and when you see that one or the other account is coming into trouble, you have to take action BEFORE it blows up. You can close your positions, take the loss and start over or you can, like I do, take manual trades at major support/resistance, to help the EA a hand and try to close all at breakeven or small(er) loss. But as you can understand, you will not always have the chance to do that :-)

Go to forum: ► 5,000 + Open-Source Forex Robots Go to topic Go to post

It is really helpful for BBMA traders. 
Red dot-extreme 
Blue- equal 
Yellow- momentum
Also attached indicator which draws support and resistance levels. It repaints but helpful in bigger tf

Go to forum: ► 5,000 + Open-Source Forex Robots Go to post

The Pivot Point Extra Indicator is based on a special mathematical algorithm that can predict future reversals of any market with a high probability. Our Pivot Point indicator is extremely easy to use and trade. The indicator uses the D1 time-frame for its calculation. So especially the intraday traders will get the most from our exclusive Pivot Point indicator

The indicator always displays the main pivot point (yellow line). The indicator also displays 3 important resistance levels (red lines) and 3 important support levels (blue lines). It does not matter which time-frame you will choose - the indicator is always calculated based on the daily time-frame.

Go to forum: ► 3,000 + Open-Source Forex Indicators Go to post

The Trend Scanner trend line indicator displays the trend direction and its changes. The indicator works on all currency pairs and on timeframes from M1 to D1. The indicator simultaneously displays multiple readings on the price chart: the support and resistance lines of the currency pair, the existing trend lines, the Highs and Lows of the price, as well as the current direction of the trend. The indicator generates accurate signals, which allow opening trades following the trend. The blue dots on the chart indicate the Highs and Lows of the price, the white trend lines display the support lines, the red trend lines display the resistance lines, the yellow thick line demonstrates the direction of the current trend, the blue dot at the beginning of a yellow line is the guide for setting Stop Loss. When the currency pair movement direction changes, the Alert Buy or Alert Sell message pops up, showing the price and the recommended Stop Loss value.

Go to forum: ► 5,000 + Open-Source Forex Robots Go to post

If you are harmonic trader you'll find this fib pivot indicator often corresponds on key zones.

Go to forum: ► 5,000 + Open-Source Forex Robots Go to topic Go to post
Login or Register for FREE!

You are not logged in to the MT4talk forum!

Log in » Register »

How to Install a Forex EA?

Online Users & Stats
  • Total number of registered users: 48,997
  • Registered users today: 56
  • Newest registered user: salejan21211
  • Total number of topics: 11,647
  • Total number of posts: 37,837

NOTE: Only open-source Forex robots allowed to upload. Hacked or illegal versions of copyrighted Forex robots are highly prohibited on If you upload any illegal version of any copyrighted Forex robot, your forum account will be banned. No exceptions.

MT4talk is a User Generated Content website. All content uploaded to MT4talk by our users (MT4talk forum members) is User Generated Content.

All User-Generated Content shall be for information purposes only. While MT4talk shall endeavor to provide you with accurate information on its Website, MT4talk shall not be responsible for the accuracy or reliability of User Generated Content. As such you agree to access the Website and use the Services at your own risk. You shall be solely and exclusively responsible for all User Generated Content you upload or post on the Website. You hereby grant MT4talk (i) an irreversible, non-exclusive, royalty-free and fully-paid, worldwide license to reproduce, distribute, publicly display and perform, prepare derivative works of, incorporate into other works, and otherwise use and exploit your User Generated Content, and (ii) the right to include the User Generated Content on the Website.  You hereby irreversibly waive any claims and assertions of moral rights or attribution with respect to your User-Generated Content.

Only open source forex trading software used to automate online trading decisions/signals (“Forex Trading Robots”) shall be uploaded by you onto the Website. MT4talk prohibits the uploading of copyrighted, hacked or illegal versions of forex trading robots on to the Website. MT4talk may remove any copyrighted hacked or illegal versions of forex trading robots from its Website and may close your Member Account (defined below) should you upload copyrighted, hacked or illegal versions of forex trading robots on to the Website. Forex Trading Robots that have been uploaded on the Website, may undergo a simulated back-test on an actual forex account by our tester team, solely for the purposes of providing you with a starting point for your own back-test and for educational purposes only. 

To use the MT4talk forum, you must agree on the Terms of use and Privacy & Cookies Policy!


Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.

Affiliates Disclaimer - The site may contain links to affiliate websites, and we receive an affiliate commission for any sign up that trade by you on the affiliate website using such links. Our affiliate partner includes the following: FXopen, FBS, LQDFX, MyForexVPS, KickEX.

Copyright Forum Rules - Privacy Policy.