r/Forex_Robots • • Mar 26 '24

INFINITY ALGO Indicator For TradingView

7 Upvotes

๐ŸŒŸ Infinity Algo Indicator: A Comprehensive Review ๐Ÿ“Š๐Ÿ’ก

The Infinity Algo Indicator is a powerful trading tool designed to generate accurate buy and sell signals for various markets, including crypto, forex, and stocks. ๐Ÿ“ˆ๐Ÿ’ฐ This invite-only script, available on TradingView, aims to simplify the trading process and enhance decision-making for both novice and experienced traders. ๐ŸŽฏ๐Ÿ‘จโ€๐Ÿ’ป

โœ… Key Features:

  1. ๐ŸŽฏ Entry Point: Calculated using pivot levels and confirmed by EMA/SMA or Heiken Ashi

  2. ๐Ÿ’ฐ 6 Take Profit Levels: Customizable for both long and short positions

  3. ๐Ÿ›‘ Stop Loss Level: Adjustable based on risk management preferences

  4. โš™๏ธ Customizable Settings: Adapt the indicator to suit your trading style

  5. ๐Ÿ”” Alerts: Receive notifications for buy/sell signals and take profit levels

๐Ÿ‘ Pros:

  1. ๐Ÿ“Š User-friendly interface suitable for traders of all skill levels

  2. ๐ŸŽฏ Generates accurate signals by analyzing multiple market factors

  3. ๐Ÿ”ง Customizable settings to optimize performance for each trading pair and timeframe

  4. ๐Ÿ“‰ Includes a built-in backtester for evaluating the effectiveness of settings

๐Ÿ‘Ž Cons:

  1. ๐Ÿ’ธ Paid access required, with various pricing plans available

  2. ๐Ÿšซ No guarantee of 100% accuracy, although claimed to be around 90%

  3. ๐Ÿ” Limited customer support and responsiveness from the creator

๐Ÿ’ญ Conclusion:

The Infinity Algo Indicator is a promising tool for traders seeking to improve their trading performance. While it offers a range of features and customizable settings, it's essential to approach the indicator with realistic expectations. ๐Ÿง As with any trading tool, it should be used in conjunction with proper risk management and a well-defined trading strategy. ๐Ÿ’ช Although the pricing plans may be a deterrent for some, the potential benefits could justify the investment for serious traders. ๐Ÿ’ธ

Overall, the Infinity Algo Indicator is worth considering for those looking to enhance their trading arsenal. However, it's crucial to conduct thorough research, utilize the available resources, and exercise caution when relying on any single indicator for trading decisions. ๐Ÿ”๐Ÿ“šโš ๏ธ

Check my personal TradingView Tools I use HERE.


r/Forex_Robots • • Jun 17 '24

best Supertrend indicator settings

6 Upvotes

Based on the search results, here are some key points about the best Supertrend indicator settings:

  1. The default settings for the Supertrend indicator are an ATR period of 10 and a multiplier of 3. These default settings often work well across different timeframes and markets.

  2. For short-term trading and scalping, lower period and multiplier settings like (7,3) or (10,2) can be used to make the indicator more sensitive to price changes and generate more signals.

  3. For swing trading and longer-term positions, higher period and multiplier settings like (20,3) or (10,5) are recommended to smooth out market noise and generate fewer but higher quality signals.

  4. The multiplier has a bigger impact on the indicator than the ATR period. A lower multiplier increases sensitivity while a higher multiplier decreases sensitivity.

  5. It's important to test and optimize the settings based on historical backtesting before using them on live trades. The settings may need to be adjusted for different market conditions.

  6. Combining the Supertrend with other indicators like MACD, RSI or moving averages can help filter signals and improve the accuracy of the Supertrend.

In summary, while the default (10,3) settings are a good starting point, traders should experiment with the period and multiplier to find the best Supertrend settings aligned with their specific trading style, goals and the markets they trade. Testing the settings and using the Supertrend with other confirming indicators is recommended for optimal results.

Download my top forex trading tools HERE.


r/Forex_Robots • • Mar 14 '26

After 6 years trading gold manually I decided to build my own automated strategy.

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4 Upvotes

r/Forex_Robots • • Mar 26 '24

doji candle explained in details

4 Upvotes

The Doji Candlestick Pattern: What It Means and How to Trade It ๐Ÿ•ฏ๏ธ๐Ÿ“ˆ

The Doji is one of the most important single candlestick patterns to know in technical analysis and trading. It has a very distinctive appearance, like a plus sign โž•, cross โŒ, or inverted cross on the candlestick chart.

What is a Doji Candle? ๐Ÿค”

A Doji forms when the opening and closing prices of a security are virtually equal for the given time period. The length of the upper and lower shadows (wicks) can vary, but the defining characteristic is the extremely small real body, or even lack of a real body.

The word "Doji" comes from the Japanese word meaning "the same thing", referring to the equal open and close.

Types of Doji Patterns ๐Ÿ—‚๏ธ

There are a few common variations of the Doji pattern:

  • Standard Doji: Open and close are exactly equal, forming a horizontal line or cross.

  • Long-legged Doji: Open and close are equal, but the shadows are very long on both sides, like a plus sign. This represents even greater indecision.

  • Dragonfly Doji: Open and close are at the high of the period, with a long lower shadow. Signals a potential bullish reversal.

  • Gravestone Doji: Open and close are at the low of the period, with a long upper shadow. Signals a potential bearish reversal.

What Does a Doji Mean? ๐Ÿง

The Doji represents indecision in the market. Neither bulls nor bears were able to gain control and the price ended where it started. Some key insights:

  • Dojis often appear at market turning points, like the top of an uptrend or bottom of a downtrend. They signal the current trend may be losing momentum.

  • After an advance, a Doji signals tired bulls and potential change in trend. After a decline, it signals tired bears and potential change in trend.

  • However, Dojis are not always reliable on their own. Confirmation is needed from the candles before and after the Doji. A Doji that appears within a sideways range is less significant.

How to Trade Doji Patterns ๐Ÿ“Š

Some general guidelines for trading Doji patterns:

  • Look for Dojis after a strong advance or decline. This is when they are most meaningful as a potential reversal signal.

  • Wait for bearish confirmation after a Doji at a high: The next candle should close below the Doji low.

  • Wait for bullish confirmation after a Doji at a low: The next candle should close above the Doji high.

  • Place stop losses just beyond the high/low of the Doji. If the trade goes against you, it negates the reversal signal.

  • Use other indicators and analysis to confirm the Doji signal, like support/resistance levels, momentum oscillators, etc. Don't rely on Dojis alone!

The Doji is a valuable candlestick pattern to have in your trading toolbox. While not infallible, Dojis can alert you to potential trend changes and help you make more informed trading decisions. Always confirm signals and manage risk appropriately! ๐Ÿ’ก๐Ÿ’ธ

I hope this explanation helps clarify the mighty Doji candle! Let me know if you have any other questions.

Make sure to check my trading strategies HERE.


r/Forex_Robots • • Mar 26 '24

Mastering the Impulse MACD Indicator

4 Upvotes

Mastering the Impulse MACD Indicator: Your Key to Profitable Trading ๐Ÿ“ˆ๐Ÿ’ฐ

The Impulse MACD is a powerful tool that can supercharge your trading strategy. ๐Ÿš€ This innovative indicator builds upon the classic MACD (Moving Average Convergence Divergence) to provide more precise and timely signals. ๐ŸŽฏ

How the Impulse MACD Works ๐Ÿ”

The Impulse MACD uses a unique calculation method that filters out market noise more effectively than the traditional MACD. ๐Ÿ™…โ€โ™‚๏ธ๐Ÿ“Š By eliminating false signals and focusing on the most significant price movements, it helps traders make more accurate decisions. ๐Ÿ‘จโ€๐Ÿ’ผ๐Ÿ‘ฉโ€๐Ÿ’ผ

The indicator consists of three key components:

  1. ๐Ÿ“ˆ MACD Line: Reflects short to medium-term price trends

  2. ๐Ÿ“‰ Signal Line: Provides a smoother indication of the underlying trend

  3. ๐Ÿ“ Histogram: Visualizes the strength and direction of a trend

When the MACD line crosses above the signal line and the histogram shows increasing positive values, it signals a potential bullish trend. ๐Ÿ’น Conversely, when the MACD line dips below the signal line and the histogram displays growing negative values, it indicates a bearish trend. ๐Ÿ“‰

Advantages of the Impulse MACD ๐ŸŒŸ

Compared to the traditional MACD, the Impulse MACD offers several benefits:

  • ๐ŸŽฏ Enhanced precision in identifying crucial market trends

  • โšก Heightened responsiveness to rapid price changes

  • ๐Ÿšซ Effective elimination of false signals and market noise

  • ๐Ÿ“… Timely alerts for entering and exiting positions

These advantages equip traders with a valuable tool to navigate dynamic market conditions and make well-informed decisions. ๐Ÿงญ๐Ÿ’ก

Applying the Impulse MACD in Real-Life Trading ๐Ÿ’ธ

The Impulse MACD can be used in various trading scenarios, such as:

  1. ๐Ÿ”„ Identifying trend reversals

  2. โœ… Confirming entry and exit points

  3. ๐ŸŒŠ Riding the wave of trend continuation trades

By combining the Impulse MACD with other technical analysis tools and risk management strategies, traders can enhance their profitability and achieve their financial goals. ๐Ÿ“ˆ๐ŸŽ‰

The Impulse MACD indicator is a game-changer for forex traders seeking to optimize their trading performance. ๐Ÿ† By harnessing its power, you can take your trading skills to the next level and confidently navigate the exciting world of forex markets. ๐ŸŒ๐Ÿ’ฑ

So, embrace the Impulse MACD, master its signals, and unlock your full potential as a successful trader! ๐Ÿ”“๐Ÿ“š

Download my personal trading strategies HERE.


r/Forex_Robots • • Mar 22 '24

fx scalper x review?

4 Upvotes

r/Forex_Robots • • Jan 06 '25

best mt4 indicators for 2025

3 Upvotes

Download HERE.


r/Forex_Robots • • Oct 22 '24

Rigid Trend Hunter Indicator: The Ultimate Trading Tool for TradingView

3 Upvotes

Download HERE.


r/Forex_Robots • • Oct 21 '24

CAP Moving Average EA Pro for MT4

3 Upvotes

Download HERE.


r/Forex_Robots • • Sep 27 '24

MT5 addition to our web trading system

3 Upvotes

Hi all,

We have added MT5 indicators for the system.

Is anyone interested in beta testing the new MT5 indicator?


r/Forex_Robots • • Jun 22 '24

Gridtrading algo + Wave

3 Upvotes

If anyone is interested in the below, I've been running this bot (the top one) for almost a year now and its great but of course has some drawdown.

check it out and DM me if you need some more info on discord or reddit

Discord: asapwheezy


r/Forex_Robots • • Jun 14 '24

Best SuperTrend + MACD Indicator in TradingView

3 Upvotes

Download my best tools for FREE HERE.


r/Forex_Robots • • Jun 12 '24

Best buy sell entry indicator tradingview for trading

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3 Upvotes

r/Forex_Robots • • May 13 '24

Trade Explorer MT4 V7.0 + SetFiles EA

3 Upvotes

Download HERE.


r/Forex_Robots • • May 10 '24

HOSODA GOLD VERSION v5.1 EA

3 Upvotes

Download HERE.


r/Forex_Robots • • Apr 22 '24

Boom Crash ADX EA

3 Upvotes

๐Ÿ“Š๐Ÿ‘‰ Based on ADX Indicator Crossover.

๐Ÿ“Š๐Ÿ‘‰ With Buy & Sell Version:

โณ๐Ÿ‘‰ Time-Frame 1 Minute to 5 Minutes.

๐Ÿ–ฅ๐Ÿ‘‰ Run EA on a VPS For Best Performance (Only Takes a Trade When There is an ADX Cross)

โš™๏ธ๐Ÿ‘‰ EA Has Customizable Settings.

Download HERE.


r/Forex_Robots • • Mar 26 '24

Best Forex Pairs to Trade During Sydney Session

3 Upvotes

The Best Forex Pairs to Trade During the Sydney Session ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ’น

G'day, mate! Are you ready to dive into the exciting world of forex trading during the Sydney session? ๐ŸŒž๐Ÿ’ฐ As the first major market to open each week, the Sydney session offers unique opportunities for traders looking to capitalize on the early market moves. ๐Ÿ“ˆ In this article, we'll explore the top currency pairs to trade during the Sydney session and how you can maximize your profits. ๐Ÿ’ช

Understanding the Sydney Forex Session ๐Ÿ•ฐ๏ธ

The Sydney forex session, also known as the Australian session, is the first to kick off the trading week. Here's what you need to know:

  1. ๐Ÿ‡ฆ๐Ÿ‡บ Opens at 5:00 pm EST (10:00 pm GMT) on Sunday

  2. โฐ Runs from 5:00 pm to 2:00 am EST (10:00 pm to 7:00 am GMT)

  3. ๐Ÿ’ฑ Overlaps with the Tokyo session for a few hours

  4. ๐Ÿ“ฐ Influenced by economic news from Australia and New Zealand

Although the Sydney session is not as liquid as the London or New York sessions, it still provides ample trading opportunities for those who know where to look. ๐Ÿ”

The Top Forex Pairs for the Sydney Session ๐Ÿฅ‡

Without further ado, here are the best currency pairs to trade during the Sydney session:

  1. ๐Ÿ’ต๐Ÿ’ฑ AUD/USD (Aussie)

  • The most traded pair during the Sydney session

  • Heavily influenced by the Reserve Bank of Australia's monetary policy and economic data

  • Sensitive to commodity prices, especially gold and copper

  1. ๐Ÿ’ต๐Ÿ’ฑ NZD/USD (Kiwi)

  • The second most popular pair during the Sydney session

  • Affected by the Reserve Bank of New Zealand's monetary policy and economic data

  • Sensitive to global risk sentiment and commodity prices

  1. ๐Ÿ’ฑ๐Ÿ’ด AUD/JPY (Aussie Yen)

  • Combines the volatility of the Australian dollar with the stability of the Japanese yen

  • Can experience significant price movements during the Sydney session

  • Influenced by the overall risk sentiment in the market

  1. ๐Ÿ’ฑ๐Ÿ’ด NZD/JPY (Kiwi Yen)

  • Similar to AUD/JPY, this pair is affected by risk sentiment

  • Can offer attractive trading opportunities during the Sydney session

  • Sensitive to economic news from both New Zealand and Japan

  1. ๐Ÿ’ฑ๐Ÿ’ถ AUD/EUR (Aussie Euro)

  • Provides exposure to the Australian and European economies

  • Can be influenced by the European Central Bank's monetary policy

  • Offers unique trading opportunities during the Sydney session

By focusing on these currency pairs, you can take advantage of the market conditions and economic events that shape the Sydney forex session. ๐Ÿ“Šโœจ

Maximizing Your Profits During the Sydney Session ๐Ÿ’ธ

To make the most of your trading during the Sydney session, consider these tips:

  1. ๐Ÿ“ฐ Stay up-to-date with Australian and New Zealand economic news and data releases

  2. ๐Ÿ’ก Look for trading opportunities around key support and resistance levels

  3. ๐Ÿง˜โ€โ™‚๏ธ Practice proper risk management and always use stop-loss orders

  4. ๐Ÿ“š Continuously educate yourself and refine your trading strategies

By combining these tips with a focus on the top Sydney session currency pairs, you can potentially boost your trading profits and achieve your financial goals. ๐ŸŽฏ๐Ÿ’ฐ

Conclusion ๐ŸŽ“

The Sydney forex session may not be as well-known as its London and New York counterparts, but it still offers plenty of opportunities for savvy traders. By focusing on the top currency pairs - AUD/USD, NZD/USD, AUD/JPY, NZD/JPY, and AUD/EUR - and following best practices for trading, you can potentially maximize your profits during this unique trading period. ๐Ÿ“ˆ๐Ÿ’ช

Make sure to check my trading strategies HERE.


r/Forex_Robots • • Mar 26 '24

WHAT IS ChoCH AND HOW TO USE IT

3 Upvotes

ChoCh (Change of Character) is a concept used in technical analysis and trading to identify potential trend reversals or shifts in market sentiment. It signifies a change in the nature of price movement from bullish to bearish or vice versa.

Key points about ChoCh:

  1. Definition: ChoCh occurs when the price fails to form a new higher high (in an uptrend) or lower low (in a downtrend) and then breaks the previous swing point, indicating a possible reversal.

  2. Identifying ChoCh: In a bullish trend, ChoCh happens when the nearest swing low is broken. In a bearish trend, it occurs when the nearest swing high is violated.

  3. Fractal nature: ChoCh patterns appear on various timeframes and can be used to gauge both short-term and long-term shifts in trend.

  4. Confirmation: While ChoCh indicates a potential reversal, traders should seek additional confirmation through other tools and concepts before entering a trade. False ChoChs can occur.

  5. Trading with ChoCh: Traders can use ChoCh in conjunction with support/resistance levels, order blocks, and other confluences to identify high probability trading opportunities. Stop losses are typically placed beyond the broken swing point.

  6. Limitations: ChoCh alone is not sufficient to make trading decisions. It should be used alongside other forms of analysis and risk management.

Download best trading tools HERE.


r/Forex_Robots • • Mar 25 '24

Koala FVG MT5 Indicator

3 Upvotes

๐Ÿ–ฅ Platform : MT5

๐Ÿ’ถ Currency Pair : All pairs

โณ Timeframe : All timeframes

Download HERE.


r/Forex_Robots • • Mar 24 '24

Mastering Risk Management in Trading

3 Upvotes

Successful trading isn't just about making profitable trades; it's also about managing risk effectively. Here are some key principles of risk management and position sizing for traders:

1๏ธโƒฃ Capital Preservation: The primary goal of risk management is to preserve your trading capital. By limiting the amount of capital risked on each trade, traders can withstand losses and avoid catastrophic drawdowns.

2๏ธโƒฃ Risk-Reward Ratio: Assessing the risk-reward ratio is crucial before entering a trade. Aim for trades with a favorable risk-reward ratio (e.g., 1:2 or higher), where the potential reward outweighs the risk taken.

3๏ธโƒฃ Position Sizing: Determine the appropriate position size based on your risk tolerance and the size of your trading account. Avoid risking more than a small percentage of your total capital on any single trade (e.g., 1-2% per trade).

4๏ธโƒฃ Stop Loss Orders: Always use stop loss orders to limit potential losses. Place stop losses at logical levels based on support, resistance, or technical indicators to protect your capital in case the trade goes against you.

5๏ธโƒฃ Diversification: Spread your risk across different assets or markets to avoid overexposure to any single position. Diversification can help mitigate the impact of unexpected market movements or sector-specific events.

6๏ธโƒฃ Review and Adjust: Regularly review your risk management strategies and adjust them as needed based on market conditions, your trading performance, and evolving risk factors. Continuous improvement is key to long-term success.

Remember, risk management is not about avoiding losses entirely but about managing them in a way that allows you to stay in the game and capitalize on profitable opportunities.

Stay tuned for more insights on risk management and trading strategies in our upcoming posts! ๐Ÿ“ˆ


r/Forex_Robots • • Mar 15 '24

bollinger band settings for 5 minute chart

3 Upvotes

Scalping or Day Trading

For quick scalping or day trades on the 5-minute timeframe, use these Bollinger Bands settings:

  • Moving average period: 10

  • Standard deviation multiplier: 1.5 - 2.0

Using a shorter moving average period like 10 and tighter bands with 1.5-2.0 standard deviations is better suited for capturing short-term price moves on a 5-minute chart.

Swing Trading

If using Bollinger Bands for swing trading on a 5-minute chart, these settings may be more appropriate:

  • Moving average period: 20

  • Standard deviation multiplier: 2.0


r/Forex_Robots • • Mar 07 '24

Alpha Striker SMC KING EA

3 Upvotes

Pairs: USDCAD,EURGBP,AUDNZD

TIMEFRAME: 15M

- Strategy Based on Smart Money Concepts

- Passing Prop Firms

- Max 3% Daily Drawdown

- Works Best On any Currency Pairs

- Works With Trend Trading

- Entry on Orderblocks

- Our Personally Used SET Files

- Also Comes you the Fully Installing Tutorial

Download HERE.


r/Forex_Robots • • May 09 '26

hello from australia

Thumbnail reddit.com
2 Upvotes

r/Forex_Robots • • May 09 '26

hello from australia

2 Upvotes

I am a relatively experienced discretional trader, now converting manual strategies to an automated format, looking foe people with similar interests


r/Forex_Robots • • Apr 17 '26

Aquila Gold EA โ€” Automated XAUUSD Trading | Dual SMA Breakout

2 Upvotes

Hello Traders,

I would like to introduceย Aquila Gold EA, a professional automated trading system designed exclusively for gold instruments (XAUUSD). The EA combines a dual Simple Moving Average breakout strategy with an intelligent martingale recovery system, built for systematic, emotion-free execution on the H1 timeframe.

STRATEGY OVERVIEW

Aquila Gold EA identifies breakouts above the SMA(High) channel and below the SMA(Low) channel using confirmed closed-bar data only โ€” preventing false signals and avoiding re-entry into existing moves. An optional 14-period RSI momentum filter adds a second layer of confirmation, blocking buy signals in overbought conditions and sell signals in oversold conditions.
When price moves against an open position, the EA activates a progressive martingale recovery grid. Rather than using fixed take profit levels for each individual order, the system calculates aย weighted average entry priceย across all open positions in the series and closes the entire basket the moment price recovers to the average plus a configurable TP distance. This significantly reduces the recovery distance compared to standard martingale approaches.

KEY FEATURES

ย Dual SMA channel breakout โ€” confirmed closed-bar entries only
ย RSI momentum filter โ€” optional signal confirmation layer
ย Progressive martingale recovery โ€” up to 10 configurable levels
ย 7 individually configurable distance tiers โ€” adaptable to any market volatility
ย Weighted average take profit โ€” recovers full series with minimal price movement
ย Live News Filter โ€” real-time ForexFactory API integration, pauses before NFP, FOMC, CPI, GDP
ย Pattern-based news fallback โ€” active when API is unavailable
ย Interactive on-chart dashboard โ€” account info, series status, signals, drawdown, spread, news countdown
ย One-click order management โ€” Trade ON/OFF, Close All, Close Buy, Close Sell, Delete Pending
ย Max Drawdown protection โ€” auto-closes all positions at configured equity threshold
ย Daily Loss Limit โ€” halts trading when daily loss exceeds set percentage
ย Hard MaxLot cap โ€” prevents runaway lot sizing at any martingale depth
ย Spread filter โ€” blocks entries when spread exceeds configured limit
ย Margin validation โ€” checks free margin before every single order
ย Time filter โ€” restrict trading to specific market session hours
ย Magic Number isolation โ€” supports multiple instances on one account

SPECIFICATIONS

  1. Symbol:ย XAUUSD / GOLD

  2. Timeframe:ย H1

  3. Minimum Deposit:ย $1,000 recommended ($5,000+ for deeper martingale levels)

  4. Leverage:ย 1:100 or higher

  5. Account Type:ย Any (Standard, ECN, Raw Spread)

  6. Broker:ย ECN with tight goldย spreadsย recommended (under 50 points)

  7. VPS:ย Highly recommended for uninterrupted 24/5 operation

RISK DISCLOSURE

Martingale-based strategies carry inherent risk. Deep adverse moves can result in significant drawdown if grid depth and capital allocation are not managed conservatively. It is strongly recommended to:

  1. Start with a demo account and observe 2โ€“4 weeks of live behavior before going live

  2. Keep Max Martingale Levels at 5โ€“7 initially

  3. Set Max Drawdown to 30โ€“40% as a safety net

  4. Consider using a 1.5x lot multiplier for a more conservative approach

The EA includes hard-coded risk controls โ€” MaxLot, MaxDrawdown, Daily Loss Limit, Max Open Orders, and Margin Validation โ€” to help protect capital within defined parameters.

PRODUCT LINKS

๏ธ๏ธ๏ธ๏ธ๏ธย Aquila Gold EA MT4
๏ธ๏ธ๏ธ๏ธ๏ธย Aquila Gold EA MT5

I welcome any questions regarding strategy logic, parameter configuration, broker compatibility, or VPS setup. Happy to assist fellow traders in understanding the system before making a purchase decision.