groundbreaking functionality for the MetaTrader platform

Indicator Settings & Trade Rules Library

Welcome to our library of indicator settings, filters and trade rules for EA based products. The indicator settings are also relevant for our indicator based products.

Configuration can easily be added to your EA by using the 'quick load codes' shown in the right hand column. Click CONIG button on EA panel | enter code in Code box | click Download button

Click on the 'Details' link to get more details on what the configuration does.

This library is growing all the time!

Custom Indicator Settings

The following link has settings for popular custom indicators, both free and paid for. You can add as many as you like and the system will signal when they are all in agreement.

View Custom Indicator Settings Page

Standard Indicator Settings

The following link has settings for standard indicators and our own built-in functions. You can add as many as you like and the system will signal when they are all in agreement. Note, fine to combine with Custom Indicators.

Note, it's also possible to add standard indicators within the EA, via drop-down selection list next to Indicator Name in CONFIG button | Indicator Value to Capture.

Includes example custom indicators that are shipped with all MetaTrader installations, such as Heiken Ashi.

View Standard Indicator Settings Page

Account Management Rules

Rules that operate on the entire account, e.g daily max draw down and/or daily profit close on target reached, plus disabling trading. Note, may contain additional versions of rules that just work on chart/symbol.

Note, due to complexity of these rules they are not suitable for the Strategy Tester.

Rule Descriptionquick load code
Close trades on account on daily SL (draw down) and/or TP targets with optional trail Rule Details
Hugely popular rule - highly recommended
Close trades on symbol on daily SL (draw down) and/or TP targets with optional trail Rule Details
As a-pld rule but just works on chart symbol
Close trades on account if draw down % limit reached Rule Detailsa-dd
Close trades on account when equity target reached (in amount or pips) Rule Detailsa-tp
Close trades on account when equity target reached based on start time Rule Detailsa-tpt
Re-enabled trading at set time Rule Detailsa-ret

Other Entry Rules

Alternative entry rules for indicators that need extra configuration to derive their buy/sell indication. You can only have one entry rule, so recommend ticking Replace Existing when downloading with Quick Load Code. Note, if you want to go back to our normal indicator based entry/exit then use Quick Load Code bi with Replace Existing ticked. Note, although you can only have one entry rule you are still free to add filters and other rules like exit.

Rule Descriptionquick load code
Open/close based on our Indicator Combine (click to get it) (inc. SL/TP settings) or Multi Indicator Alert Rule Detailsci-ic
Alert when Indicator Combine enters new zone Rule Detailsci-ica
Alert/open on price exceeding hi/low of previous candle Rule Details ci-pahl
Alert/open on price achieving higher high or lower lower Rule Details ci-hhll
Alert/open on price returning inside Bollinger Bands Rule Details ci-bb
Alert/open/close on signals from global variables (PINs) Rule Details ci-gv
Alert/open/close based on our Multiple Indicator Matrix. Rule Detailsci-im
Alert/open based on objects placed by indicator Rule Detailsci-enob
Alert/open on indicator Break Out with TP and SL fibonacci (MT4 free from Market)Rule Details
Alert/open at particular time and direction Rule Details
Alert/open on indicator TOP_Ultimate_Breakout Rule Details
Alert/open on reversal after session breakout Rule Details

Filters - Entry

Filters can be added to any entry rule in order to carry out additional checks before a trade is signaled. More than one filter can be added.

Rule Descriptionquick load code
Advanced Dashboard for Currency Strength and Speed Rule Details f-adcs
Avoid Choppy/Sideways Market with Choppiness Index Indicator (free - but good) Rule Details f-cpi
Avoid Overbought Buy or Oversold Sell on Quantum Swing Index QSI Rule Details f-osbq
Avoid Overbought Buy or Oversold Sell on Stochastic Rule Details f-osbs
Avoid Trade Just After Candle Opened Rule Details f-nbd
Bounce from SupplyDemand indicator levels Rule Details f-sd
Buy/Sell allowed direction set on panel Rule Details
Allows auto trading in a single direction only, set on the panel
Buy/Sell zone set by user with lines on chart Rule Details f-bsz
Lines Outside Upper and Lower Lines  Rule Details f-loul
Maximum lots allowed Rule Details f-mxl
Maximum tickets allowed on account per direction Rule Details f-matd
Max daily losing tickets on account Rule Details f-mdlt
Max daily trades and/or profit % for symbol Rule Details f-mdtp
Minimum gap (number of candles) between trades Rule Details f-mtg
Minimum pips since last trade Rule Details f-mplt
Moving average angle (expressed as pips) Rule Details f-maa
Moving average max angle (expressed as pips) Rule Details f-maxa
Moving average fast/slow min pip distance  Rule Details f-maxd
Moving average max price distance  Rule Details f-mapd
Moving average high/low of closed candle below/above value  Rule Details f-mahl
Friday no trade - won't allow auto trading on Fridays Rule Details f-nfri
FX Volume % Change on Total/Base/Counter Rule Details f-fxv
News avoid - don't take trade if close to news Rule Details f-na
News trade - trade just after news Rule Details f-nt
No trade if close to pivot (daily or monthly) lines Rule Details f-npv
No trade if close to support/resistance 1 lines Rule Details f-nsr1
No trade if text object has certain value Rule Details f-nov
Price action (closed candle bearish for buy, visa versa for sell) Rule Details f-pa
Price action (candle closed at better price than previous) Rule Details f-pabc
Price below/above max/min Rule Details f-mmbs
RunwiseFX Order Symbols Indicator Check
Voids trade if symbol is ordered too low when compared with others Rule Details
Trade/Signal On/Off with start/end times Rule Details f-oo
Trading hours per day of week Rule Details
Allows different trading hours to specified for each day of the week. Including turning off certain days.
Trade just once per day (per chart) Rule Details f-opd
Z-Winner Trend Strength > 80% (indicator must be present on chart) Rule Details f-zwts

Grid System

A grid system allows you to profit when a symbol is ranging rather than trending in one direction. Our implementation uses all the capabilities of our EA, e.g. can optionally stop/exit grid prior to high impact news. Buttons are provided on the panel to stop the grid and to close all trades.

Rule Descriptionquick load code
Four (configurable) levels up and down grid with optional exit prior to high impact news Rule Details g

Pending Orders

Rules can also setup pending orders based on various criteria. This can be done on button press, time of day or other condition. This includes slant-able pending lines, where a trade is opened when the price reaches/breaks through a slanted trend line. All pending orders are set using our hidden (virtual) pending orders, managed by the EA.

Rule Descriptionquick load code
Set pending order on entered price - auto setting limit/stop type Rule Details p
Set pending orders based on previous high/low with offset Rule Details p-hl
Set pending orders based on previous candle size Rule Detailsp-hlcs
Set pending orders before news Rule Detailsp-bn
Set pending order on offset from current price Rule Details p-o
Set pending order on candle open price with offset Rule Details p-co
Slant-able pending lines based on trend line Rule Details
Really useful for entering trade or alerting when price reaches trend line or closes beyond.
Set pending for previous session breakout Rule Details
Popular strategy where pending orders set for when (say) London session breakouts of high/low of earlier Asian session.
Set pending order on stop loss hit, offset by market price Rule Details p-slh
Reset pending order on stop loss hit, i.e. persistent pending order Rule Details p-pp
Set pending orders offset from market price by given offset percentage Rule Details p-op
Set pending orders on low spread after given time Rule Details p-st
Set multiple pending orders based on entered prices Rule Details p-mpp
Set stop limit pending order Rule Detailsp-stlm
Cancellation of Pending Orders:
Cancel pending orders after close of bar Rule Details p-cc
Cancel pending orders on button press Rule Details p-cbp
Cancel pending if price reached Rule Details p-cap
Hot Key Rules for Setting Pending Orders:
Set pending on hot key press Rule Details p-hk

Display Information on Chart

Information such as indicator values and trade status can be displayed on the chart by the rules and updated in real-time. This can be done for multiple timeframes, if required.

Rule Descriptionquick load code
Display matrix of popular indicator values for multiple timeframes. Indicators include ADX, RSI, Momentum, CCI, OsMA, MACD, SAR, WPR, MA. Rule Details d
Display matrix calculated on new candle with optional alert for selected timeframe Rule Details d-2
Display trade profit status in big text Rule Details d-bt
Display configured indicators and their current value Rule Details d-i
Display configured magic number on control panel Rule Details d-mn
Display candle length (high-low) in pips above candle Rule Details d-cl
Display candle timer Rule Details d-ct
Display if in trading hours or not Rule Details d-th
Display trend lines based on swing hi and lo Rule Details d-tl

Additional Exit Rules

Additional exit rules that you can add that are in addition to the 'Exit on Indicators' provided by default.

Rule Descriptionquick load code
Exit on entry signal in opposite directionRule Detailse-eo
Exit trade just before high impact news related to the currency pair Rule Details
Highly recommended - high impact news events can blow your trade out of water with price gaps that can exceed your stop loss
Exit trade at a specific time, entered on control panel Rule Details e-t
Exit open trades just before market close on a FridayRule Details
Highly recommended - markets can open after the weekend with big price gaps that exceed your stop loss
Exit trade after X bars/candles duration Rule Details e-bdur
Exit trade after bars/candles if profit not reached Rule Details e-mbmp
Exit trade when price reaches moving average (inc. EMA) Rule Details e-ma
Exit trade when price retraces back to moving average Rule Details e-ma2
Exit trade when profit amount reached (including multi-trade mode) Rule Details e-atp
Exit trade on take profit/exit (including multi-trade mode) Rule Details e-otp
Exit trade on specific indicator(s) Rule Details e-indi
Exit trade on indicator not null Rule Details e-inn
Exit all trades on equity/total pip profit target Rule Details e-gtp
Exit all trades on equity-balance Rule Details e-gtpe
Exit all trades when equity drops below minimum (with optional trail) Rule Details e-gsl
Exit/adjust on global variables (PINs) Rule Details e-gv
Exit when price reaches Bollinger Band Rule Details e-bb
Exit on amount for stop loss and/or take profit Rule Details e-ast
Exit on reverse candle where close above previous high/low Rule Details e-cr
Exit on Stochastic cross Rule Details e-sc
Auto partial close on stop loss Rule Details e-psl
Exit or alert on price reaching trend line as take profit Rule Details e-tl
Exit or alert on price hitting trend line as stop loss Rule Details e-tlsl
Exit on PipFinite's Exit Scope Rule Details e-pfes
Exit on PipFinite's Breakout Analyzer Rule Details e-pfba
Exit on price action (opposite candle) Rule Details e-pa
Exit on price action (opposite candle & > % of previous) Rule Details e-pap
Exit on HAM Indicator opposite color Rule Details e-ham
Exit on Heiken-Ashi opposite color Rule Details e-ha
Exit on object appearance on chart Rule Details e-obj
Partial Close Trailing SL Based On Take Profit Target Rule Details e-pslt
Auto scale-out on pips loss reached Rule Details e-so
Take profit exit on pips profit reached (based on achieved open price) Rule Details e-tp
Take profit on daily profit for symbol reaching target Rule Details e-dpt
Take profit on daily profit for account reaching target Rule Details e-dpta

Script Rules - Extra Buttons / Hot Keys

Extra buttons can be added to the panel to do useful operations, such as close all trades on account. These buttons also appear on our mobile app for the EA, so can be actioned from your mobile too. Also contains rules that are executed on key press.

Note, buttons and hot keys for setting up pending orders can be found in the 'Pending Orders' section.

Rule Descriptionquick load code
Adjustment & Close Buttons:
Adjust Auto Mode for All EAs
Useful rule to change auto mode on all EAs, e.g. switch from trading to alerting, etc. Rule Details
Adjust rule GUI control value for all EAs
Very flexible rule for changing rule GUI controls, e.g. changing text boxes, tick boxes, etc. Rule Details
Adjust SL / SL Trail / Break Even for All EAs
Very flexible rule for adjusting stop loss, stop loss trail and break even for all trades, or those in profit or in loss. Rule Details
Close all trades button, i.e. all open trades on the account Rule Details s-ca
Close all trades in loss on account button Rule Details s-cal
Close all trades in profit on account button Rule Details s-cap
Flip flop button - close current & open opposite Rule Details s-ff
Multi-trade close with profit shown Rule Details s-mtc
Reset button for when can alert/trade again Rule Details s-r
Send event to EAs running on terminal at certain time Rule Details s-ste
Open Buttons:
Add buy/sell buttons that use next available magic number Rule Details s-bsnm
Open both buy and sell on button press Rule Details s-ob
Open multiple trades on button press for direction Rule Details s-omt
Other Buttons / Scripts:
Write chart data to CSV file for entered number of candles on button press Rule Details s-cd
Select/change chart symbol via selection list Rule Details s-sym
Hot Key Rules:
Hot key open trade (or pending order) on key press Rule Detailss-hko
Hot key close all trades on accounts Rule Detailss-hkca
Hot key scale-in Rule Detailss-hksi

Miscellaneous Rules

Various miscellaneous rules

Rule Descriptionquick load code
Adjust take profit if pip loss reached Rule Details m-tasl
Break even based on profit amount Rule Details m-beop
Martingale SL & TP Adjustment Rule Details m-mgst
Multiple trade open on each market tick Rule Details m-mo
Open on next candle/bar Rule Details m-on
Re-open trade on take profit Rule Details m-tpre
Reset for new trade on take profit Rule Details m-tprs
Disable Auto Mode when daily profit % reached Rule Details m-dadp
Enable/disable Auto Mode for specific time of day Rule Details m-tt
Set stop loss to trail after candle closed Rule Details m-toc
Add text box to panel to allow max spread for trade open to be set Rule Details m-sms
Add tick box to panel to turn on/off 'One Cancels Other' for pending orders Rule Details m-oco
Set for break even when loss or profit reached Rule Details m-bepl
Set for break even when particular trade duration is reached Rule Details m-bed
Clear stop loss trail when break even price reached Rule Details m-ctbe
Open trade at specific time of day Rule Details m-te
Open additional orders if trade goes against direction Rule Details m-aoga
Open additional orders if trade goes for direction Rule Details m-aogf
Scale-In When External Trade Detected Rule Details m-sie
Set risk from list as trades made until TP Rule Details m-srfl
Set stop loss based on custom indicator Rule Details m-slci
Set stop loss based on high/low of closed candle Rule Details m-slhl
Set stop loss based on FX Trend indicator Rule Details m-slft
Set stop loss based on moving averages Rule Details m-slma
Set stop loss based on moving averages or ParabolicSAR Rule Details m-slmu
Set stop loss based on ParabolicSAR else Swing Hi/Low Rule Details m-pssw
Set stop loss based on percentage of price Rule Details m-slpp
Set stop loss based on objects placed by indicatorRule Details m-slob
Set stop loss based on spread Rule Details m-slsp
Set stop loss based on ZigZagColor MT5 indicator Rule Details m-slzz
Stop loss on opposite side (inverted ask/bid trigger) Rule Details m-slos
Set take profit based on objects placed by indicator Rule Details m-tpob
Set take profit levels based on moving averages Rule Details m-tpma
Trail stop loss on new high/lowRule Details m-nhlt
Trail stop loss on percentage of peak pips profitRule Details m-pppt
Trail stop loss on recent highest/lowest Rule Details m-bslt
Trail stop loss on specified profit with specified step Rule Details m-aslt
Trail stop loss on steps in profit with offset Rule Details m-aslt2

Event Handling Rules

Rules to handle received events, such as signals via our Windows app that come from TradingView Alerts, MetaTrader email alerts, etc.

Rule Descriptionquick load code
Set pending or market order from signal with supplied SL & TP Rule Details v-shp

Built-In Rules

These are our default rules for the EA. The bi rule is installed automatically on a new installation when you add an indicator. It's available here so you can manually re-add later if you wish. This section also contains other versions of bi that provide extra capabilities. Note, don't mix different bi entry/exit rule versions together - choose one.

Finally, the bi-slr and bi-ca rules used to be built-in into the EA, but can now be downloaded on demand if required.

Rule Descriptionquick load code
Auto entry/exit based on configured indicators Rule Details bi
Auto entry/exit based on configured indicators - version 2 Rule Details
This second version provides min bars and/or min risk/reward ratio before exit on opposite signal can happen. This allows trade more time to get going.
Auto entry/exit based on configured indicators - version 3 Rule Details
This third version require trade to have a minimum profit before exit on opposite signal can happen.
Auto entry/exit based on configured indicators - version 4 Rule Details
This forth version requires that a peak min number of pips profit has been achieved before exit on opposite signal can happen. This makes sure trade 'got going' before exit on opposite indicators is possible.
Auto entry/exit on indicators with auto loss recovery Rule Details
Uses hedging as alternative to stop loss, which is designed to break even instead if market continues reverse direction, or if returns to original direction.
Auto entry/exit on indicators near open price Rule Details
Will ensure that signalled entry happens near open price, i.e. at a better price
Auto entry/exit on indicators with pip offset from signal price Rule Details
Waits for market to move number of pips in a signalled direction before entry/exit
Set pending orders based on high/low upon indicator signal Rule Details bi-phl
Set pending orders based on indicator values on signalRule Details bi-pi
Reverse entry/exit based on configured indicators Rule Details bi-r
Stoploss reverse Rule Details bi-slr
Close all trades button, i.e. all open trades on the account Rule Details bi-ca