Creating trading tools for you (no charge)

thank you anyway.

Thank you for your understanding

What a great topic, PipsZenith.
I'm looking forward to testing this Expert... and I'll get back to you with the following feedback. For 3 or 4 years, I've been a tireless tester of EA's, some of which have brought me great profits.

I'm building an EA based on Richard Wychooff's methodology, and I already have a draft. I'd like your help implementing it. I'll attach the completed and working draft and the methodology documentation. I appreciate your help. Thank you.
It was only tested in local tests, demo and real account not yet, we tested it, here is a print of the results, I see great potential, but after a large number of victories several stops draining the profit, could you help me with this to improve it?

PipsZenith – Wyckoff Phase Trader EA (MT4)

Always Ahead of the Market Phases

Core Concept

The PipsZenith Wyckoff Phase EA is built on Richard Wyckoff’s Accumulation–Re-Accumulation–Markup principles.
Instead of chasing random breakouts, it identifies market phases and trades the strongest Wyckoff events:

 

1. Spring / Shakeout (Phase C) → Longs after false breakdowns.
2. Upthrust (Distribution Phase C) → Shorts after false breakouts.
3. Jump Across the Creek (JAC) → Breakout with volume & spread confirmation.
4. Sign of Strength (SOS) & Last Point of Support (LPS) → Safe continuation entries after breakout.

This EA combines price structure, volatility (ATR), and tick-volume analysis to filter out noise and align with the real big-money footprints.
Key Features

1. Range/Phase Detection – Detects accumulation/distribution ranges before trading.
2. Spring / Upthrust logic – ATR-based breach + volume confirmation.
3. JAC / LPS add-on entries – High-confidence breakout and retest trades.
4. Multi-timeframe Context Filter – Aligns entries (M15) with H1/H4 trend.
5. Risk-based Position Sizing – Calculates lot size based on %Risk and SL distance.
6. Smart Trade Management:
   1. Break-even at +1R
   2. Partial close (50%) at +1.5R
   3. Chandelier trailing stop (ATR × 2.5)

7. Hygiene Filters: Spread control, session filter, and Friday cutoff (manages trades but blocks new ones).

Inputs (Main Parameters)
Money & Risk

1. RiskPercent → % risk per entry (default: 0.75%)
2. Slippage → Max slippage (default: 3 points)
3. MaxOpenTrades → Limit positions per symbol (default: 3)

Structure Detection

1. LookbackRange → Bars to detect support/resistance (default: 80)
2. ATR_Period → ATR for normalization (default: 14)
3. DonchianATRMax → Max Donchian width relative to ATR (default: 2.0)

Wyckoff Events

1. Spring_BreachATR = 0.15 (breach depth for Springs)
2. Upthrust_BreachATR = 0.15
3. JAC_SpreadATR = 1.00 (spread threshold)
4. JAC_VolMult = 1.3 (volume multiplier)
5. LPS_ProximityATR = 0.25
6. LPS_VolMaxMult = 0.8

Volume Logic

1. VolMedianWindow = 20 bars (for tick volume normalization)
2. Spring_LowVolMultMax = 1.1

Trend Filters

1. ContextTF1 = H1 (50-SMA)
2. ContextTF2 = H4 (20-EMA)

Sessions & Safety

1. UseSessionFilter = true
2. SessionStartHour = 7, SessionEndHour = 22 (broker time)
3. MaxSpreadPoints = 35
4. FridayCutoff = true, DisableHoursBeforeClose = 3

Trade Management

1. UseBEandPartial = true
2. MoveBEAtR = 1.0 (BE at +1R)
3. PartialCloseAtR = 1.5 (take 50% off)
4. TrailATRmult = 2.5

Recommended Setup

1. Pair: XAUUSD (Gold)
2. Entry Chart: M15
3. Context Charts: H1 & H4 (filters active)
4. Risk %: 0.5–1.0 per trade
5. LookbackRange: 60–80
6. Broker: ECN with tight spreads (≤ 35 points on XAUUSD M15)
7. Trading Hours: London + New York sessions

Trading Logic (Summary)

1. EA waits until a valid range environment is detected.
2. If Spring/Upthrust forms inside the range → opens first position.
3. If JAC breakout confirmed → opens a second position.
4. If LPS pullback occurs after breakout → adds continuation trade.
5. All trades managed with BE, partials, and trailing.

Risk Disclaimer

This EA is freeware for educational purposes.
Markets involve risk – use on demo first and adjust settings before going live.
PipsZenith is not liable for financial outcomes.

Hey, thanks for your commitment and dedication, we'll continue from here with the necessary testing and feedback.

Continue and share your results here so every one else can benefit from it.

PipsZenith – Spread, Time & Session Indicator (Free MT4 Tool)

Hello Traders,

I am sharing a completely free MT4 indicator developed under the PipsZenith brand to help all retail traders. This tool is lightweight, non-intrusive, and designed to give you important market information right on your chart.
What This Indicator Shows

1. Current Spread (in pips) – lets you quickly see your broker’s live spread.
2. Server Time – exact time of your broker’s server (not your PC clock).
3. Day of the Week – shows the active day like Monday, Tuesday… etc.
4. Trading Session – automatically detects whether it’s Tokyo, London, New York, or Off Hours based on server time.

Key Features
Lightweight, works on all symbols & timeframes
Customizable – choose any of the 4 chart corners to display
Change font size, font type, and text color
Adjustable session hours (in case your broker’s server time is different)
Works with any broker & account type (Cent, Micro, Standard, ECN)
No repaint, no lag – purely informational
Installation Guide

1. Download the file Spread_Time_Session.mq4
2. Place it in:
   MQL4 → Indicators
3. Restart MT4 or refresh Navigator
4. Attach Spread_Time_Session indicator to any chart
5. Adjust settings if required

Input Parameters

1. Corner → 0=Top-Left, 1=Top-Right, 2=Bottom-Left, 3=Bottom-Right
2. TextColor → Change font color
3. FontSize / FontName → Adjust text display
4. TokyoOpen/Close, LondonOpen/Close, NYOpen/Close → Adjust session hours

Example Use

1. Quickly monitor spreads before placing trades
2. See if you’re trading during high liquidity hours (London/NY overlap)
3. Keep track of server time vs your local time
4. Avoid trading during off-hours with low volume

Final Words
This indicator is 100% free to use and distribute. No restrictions, no hidden code.
I created it under the PipsZenith brand to give back to the trading community.
Feel free to test it, share it, and suggest improvements.
Stay tuned for more free and advanced trading tools from PipsZenith!

PipsZenith Manual Recovery EA (MT4) — All Symbols, Auto Lot

Brand: PipsZenith
Version: 1.10
Platform: MetaTrader 4
Author: PipsZenith

Introduction

The PipsZenith Manual Recovery EA is designed to manage your trades automatically after your first trade is placed manually. It monitors all open positions across your account and uses an intelligent recovery system to add trades when the market moves against you.
This EA works on all symbols and with any MT4 broker, automatically calculating and managing lot sizes for optimal trade recovery.
Important: The first trade must be opened manually. The EA will only manage and recover your trades.
Key Features

1. Manual-first trading: Open the first trade manually, and the EA takes care of the rest.
2. Smart recovery grid: Automatically adds buy or sell orders if the price moves against the initial trade. Grid spacing is adjustable.
3. Adaptive lot sizing: The EA calculates the next lot size automatically based on account balance, volatility, and free margin. Broker minimum/maximum limits are respected. A classic multiplier can also be used if desired.
4. Basket profit management: Close all positions on a symbol when net profit reaches your specified USD target. Can manage buy and sell sides independently.
5. Universal symbol support: Works on Forex, metals, CFDs, and crypto symbols without any hardcoding.
6. Automatic TP for first trade: Optionally sets Take Profit for the first manual trade. Recovery trades are closed based on basket profit.
7. Safety controls: Limits maximum orders per symbol and stops adding trades if free margin falls below a safe threshold.
8. Broker-friendly: Supports all brokers, account types, and 3/4/5-digit pricing symbols.

How It Works

1. Open your first trade manually.
2. The EA monitors your positions. If the market moves against your trade, it calculates a new lot size and opens a recovery trade at a predefined distance.
3. Subsequent trades are scaled intelligently using adaptive lot sizing or your chosen multiplier.
4. The EA closes trades automatically when the basket profit target is reached.
5. Safety mechanisms prevent over-pyramiding and margin risks.

Inputs & Settings
You can customize the EA to match your risk preference and account size. Important settings include:

1. Gap Distance: The distance (in pips) between recovery trades.
2. First Trade TP: Take Profit for the first trade (optional).
3. Close By Money: Close all positions on a symbol when net profit reaches this value in USD.
4. Adaptive Lot Settings: Enable automatic lot sizing and configure base lots per account balance.
5. Lot Limits: Minimum and maximum lot sizes allowed for recovery trades.
6. Multiplier: Classic lot multiplier if adaptive lots are disabled.
7. Safety Settings: Maximum orders per symbol and minimum free margin percentage.
8. Order Comment: A custom comment for all recovery orders, with PipsZenith branding.

Tip: Test on a demo account first to find the right gap distance and lot sizing for your account.
Advantages

1. Fully automated trade management after your first manual trade.
2. Works across all symbols and brokers.
3. Intelligent lot sizing adjusts to account balance and market volatility.
4. Risk-aware with margin and order caps.
5. Simple to use: manual entry, automated recovery.

Recommended Usage

1. Open your first trade manually.
2. Adjust gap distance, basket profit, and lot sizing according to your risk appetite.
3. Suitable for accounts with hedging enabled if you want independent buy and sell recovery.
4. Avoid over-leveraging to keep recovery spacing safe.

Disclaimer
This EA is provided for free under the PipsZenith brand.
Trading Forex, metals, CFDs, and crypto carries significant risk. Past performance does not guarantee future results. Users are responsible for their trades and any losses. Proper risk management is essential.
Installation

1. Copy the .mq4 file into the MQL4/Experts/ folder.
2. Compile it in MetaEditor.
3. Attach the EA to any chart.
4. Open your first manual trade. The EA will automatically manage recovery trades and adaptive lot sizing.

Enjoy smarter recovery trading with PipsZenith!

there was some issue with session and day time, its been corrected now. use this file.

PipsZenith – Volume Power Meter (v1.1)

All Praise to God!

We are happy to release another free tool under the PipsZenith brand for the trading community.
What is this Indicator?
The Volume Power Meter is a lightweight MT4 indicator that measures the strength of trading volume and converts it into an easy-to-read rating between 1/10 and 10/10.
Instead of showing complex histograms or volume bars, it gives traders a simple numeric score in one corner of the chart:

1. 1/10 = Very weak volume
2. 5/10 = Average volume
3. 10/10 = Extremely high volume

This helps traders quickly judge market participation and momentum without cluttering their charts.
Features

1. Simple Volume Rating: Displays volume power as a number out of 10.
2. Color-Coded Levels:
   1. Red for weak volume (1–3)
   2. Yellow for moderate volume (4–6)
   3. Lime for strong volume (7–10)

   
   
   

3. Corner Display: Clean and minimal text in the chart corner (you can choose position).
4. Lightweight & Fast: No heavy calculations, only one text label.
5. Customizable: Change font size, position, and averaging period.

Inputs / Settings

1. LookbackBars → Number of candles used to calculate average volume (default: 50).
2. Corner → Where to display the text (0 = Top-Left, 1 = Top-Right, 2 = Bottom-Left, 3 = Bottom-Right).
3. X_Distance → Horizontal distance from the corner.
4. Y_Distance → Vertical distance from the corner.
5. FontSize → Size of the displayed text.

How it Works

1. The indicator calculates the average tick volume of the last LookbackBars.
2. It compares the current candle’s volume to that average.
3. The result is scaled to 1–10:
   1. Average volume ≈ 5/10
   2. Half of average volume ≈ 2–3/10
   3. Twice the average volume ≈ 9–10/10

   
   
   

4. The rating is displayed with automatic color coding.

Example Use Cases

1. Scalpers can quickly see if the current market move has enough volume support.
2. Breakout traders can confirm whether a breakout is happening with strong volume (8–10/10).
3. Range traders can avoid weak, low-volume markets (1–3/10).
4. General traders can filter trades based on market participation.

Download & Distribution
This indicator is 100% free for the trading community under the PipsZenith brand.
You are welcome to share it on forums, groups, or with friends – but please keep the branding intact so traders know it comes from us.
Final Note
The PipsZenith Volume Power Meter is not a full trading system – it is a confirmation tool to help traders understand the market’s strength at a glance.
Combine it with your own trading strategy for best results.

Hello Zenith please i have a strategy called RAPID DOLLAR i need an ea for the strategy.The strategy uses 3moving averages ....5sma high and 5sma low, the 3rd moving average is 50 exponential moving average the strategy works on all time frames. I attached an arrow alert done for me by a great coder here to mark the exact and precise ENTRY according to the strategy by inserting the 3mas in the arrow input because it has the option to change the setting .Additionally i have another indicator which is also an arrow indicator but with a twist this one marks the ENTRY, STOP AND TP LEVELS but unfortunately its in ex.4 file however it can also accommodate the setting of the moving averages used as well thereby completing the set up of the strategy. Please can you help in producing an EA that will trade precisely the crossovers? In a nutshell i attached an extract of a LONG TRADE on USDJPY H1 based on the system i also attach the template and the arrows marking the precise point of ENTRY STOP AND TP .The arrow with the stop, entry, and tp has options

for adjusting the levels which i believe the finished EA will also have. THANKING YOU IN ADVANCE AND HOPING THIS COULD BE ACHIEVED. When the arrows are activated both are set according to the strategy so in order not to smear the whole chart with arrows and lines i set the arrows of the ex4. files to none leaving the entry stop tp levels .

Very impressing Mr. PipsZenith. What a speed of developing. Many tools out already.

Around 700 downloads by traders at this moment. But very scarse feedback - nearly none. That is what I have experienced too. People grap the tools and you never hear anything from them.

I will encourage people to show their results when using the tools. Regarding the EA's there you can provide the graph of profit. Regarding the indicators you should show some trades, both winning and losing.

Hi RF good talk how are you doing.

Hi PipsZenith,

Somehow, I bumped into your thread and I find it very fascinating. I have already downloaded the The PipsZenith Manual Recovery EA and trying it out on a demo account now. I will keep you posted on the outcome soon.
I think you have done a great job by Creating trading tools for all at no charge. Thank you so much for work.

Hi PipsZenith,

I used the PipsZenith Manual Recovery EA. I'm not sure if it supposed to work like this or not. Anyway, this is my finding. I places a buy & sell trade to see it the EA would attempt recovery either one way up/down. All it did was place a TP at 20 pips from my entry point and did nothing. I actually could not varify this further since both my entry of buy and sell hit TP. So I just try one way placing a buy order and it hit TP as well, then I place a sell order it also hit TP...Dame the market must be attracted to my 20 pip TP with this EA. I did not trade any further yet, but will play around soon.

Not sure if anyone one else is doing something...?

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