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Forex Trading Laboratory

Trailing Stop Loss - VetexFX Server Side EA

Hello,

The trailing stop loss server side EA applies a trailing stop loss to a selected position. The position to apply the trailing stop loss is selected by the ticket number entered into parameter ticket of open position.

Bullish Reversal - VertexFX

Bullish Reversal is a server side VertexFX VTL script that trades Bullish reversal candle patterns. The EA identifies these candle patterns:- Abandoned Baby, Morning Doji Star, Three Inside Up, Three Outside Up and Three White Soldiers. It opens buy position after the completion of these candle patterns if current price is below 50 period simple moving average. Thus it makes sure it trades bullish reversal patterns in a down trend only. EA applies a target and stop loss and trails the stop loss.

[IMG]http://i58.tinypic.com/2ljjqs5.png[/IMG]

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'''#### Script Name: Bullish Reversal ######

Smoothing Average EA - VertexFX

Smoothing Average is a client side VTL Expert Adviser. The EA is based on one moving average and the entry and exit levels are determined by a Smoothing factor. smoothing factor is a percentage of current price, when price is above the moving average by the smoothing factor, buy position is opened. When price is below the moving average by smoothing factor, sell position is opened. The EA has the ability to apply a stop loss and take profit also on positions opened.

iNDays Channel - VertexFX VTL

Hello,

iNDays Channel is a VertexFX VTL Client side script. It plots support resistance channel on price chart. The support resistance levels are identified as the last fractal high and fractal low. The resistance line is colored blue, the support line is colored red and the yellow line is the middle line of the channel. The blue and red dots mark the fractal high and low.

Internal Bar Strength (IBS) Oscillator - VertexFX

Hello,

Internal Bar Strength Oscillator (IBS Oscillator) is a client side VertexFX VTL script. It is calculated as moving average of

(High-Low)/(Close-Low) * 100 and plotted as an oscillator. IBS Oscillator is similar to other oscillators like stochastic and

RSI. It is used to find oversold and overbought market conditions. IBS value above 60 level signals overbought market

conditions and consolidation or trend reversal is likely to follow. Oscillator value below 40 indicates oversold market

condition and consolidation or trend reversal is likely to follow.

IBS Oscillator can be used for divergence trading also. Divergence between price and the IBS oscillator as the market makes new

Auto Stop Loss And Take Profit - VertexFX EA

Hello,

Auto Stop Loss and Take Profit is a server side VTL Script. This is a VTL expert adviser that applies a stop loss and take profit to all open positions. It runs on the server and monitor all open positions. This makes it a handy tool for scalpers, where execution speed is critical. The EA will add stop loss and take profit when new positions are open

[IMG]http://i58.tinypic.com/2q37v69.png[/IMG]

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'''#### Script Name: Ronz Auto Stop and Take Profit ######
'''#### Author : ######
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Price Action - VertexFX EA

Hello,

Price Action is a server side VTL Script expert adviser. Price Action EA is not based on indicators or patterns. At major news release, markets are highly volatile and makes rapid trend moves. The Price Action EA is designed to take advantage of this kind of volatility in the markets. EA opens a trade, applies a stop loss and open a reverse trade if the stop loss is hit. Around a major news release market may move in both direction, but eventually picks a direction and makes a big price wave. Run the EA after a major news release, it will take advantage of the volatility at such times.

Order Manager - VertexFX VTL

Hello,

The EA closes all positions when the account profit or loss reaches the set level. EA can be configured to run on a single symbol by setting the Manage All Symbol parameter to false and specifying the desired symbol with parameter apply to symbol. After setting the parameters, click on Run to run the script on server. The EA manages account risk. It is useful to protect your account from ruin. Keep it running on the server, and you are automatically protected against total ruin of your account.

[IMG]http://i60.tinypic.com/34fxgkn.png[/IMG]

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'''#### Script Name: Order Manager ######

Clear All Stop Loss And Take Profit - VertexFX

The Server Side EA removes all stop loss and take profit with open positions. It removes stop and take profit only once on start up of the expert adviser and then it remains idle. In effect the removal of stop loss and take profit happens when the E A is started and later stop loss and take profit entered in the trading terminal is not removed by the E A. It can be used to remove stop loss and take profit on your open positions instantly, especially when there is a lot of open positions. This is a handy tool to remove all stop loss and take profit instantly, when managing each order manually is difficult.

Stochastic Cycle - VertexFX VTL

The Stochastic cycle indicator shows the turning points in the stochastic indicator. This is useful for identifying divergence between the indicator and price. The indicator plots the standard stochastic oscillator and marks the upward turning points with green dots and downward turning points with red dots. This gives added visual advantage while viewing the stochastic indicator.

The indicator can be customized to show how many bars to display the indicator in chart. Stochastic oscillator is used to identify overbought/oversold market conditions. It is also used to trade divergence between oscillator and price. The stochastic cycle indicator provides better visual representation with the dots marking the turning points.

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