Category: Product Article

Programming, Products & Research for Traders

ForexTester “Riskless Pyramid Approach” Strategy

This is an agressive way to pyramid trades in a risk-free way: at each new add-on the stop-loss on the combined position is moved to break-even. By doing this multiple times very aggressive returns can be achieved with no additional risk apart from that of the initial trade. See our introductory video for more details:…
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ForexTester “Easy Order Entry” Script

If you need to do position sizing calculations for constant account risk on your entries then this natty ForexTester script is for you. When you run the script it automatically replaces your order with one sized to the correct amount for your required risk. It saves countless hours in back-test sizing calculations. Automatically calculate sizing…
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Snapdragon Systems Historic Data Service

Clean financial market data for back-testing Through our various trading platforms and data feeds we have accumulated a reasonable history of finanical market data over the years. What we have now done is to clean it up (where possible it’s from a single reliable and tradeable source), and convert it into a format that can…
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Metatrader4: R Levels Trade Manager EA

Introduction The R Levels TradeManager EA is a powerful EA designed to manage your positions once you have been filled. It basically works a break-even stop and also a trailing stop where the trigger levels and trail levels are all specified in “R’s”, that is to say multiples of the initial trade risk. Many successful…
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Metatrader4: “Pin Bar Alerts” Indicator

Introduction This indicator marks Pin Bars (bars with an unusually long upper or lower candle wick) on your chart. It will also send alerts when one forms, including via e-mail or push notification to your phone. It’s ideal for when you want to be notified of a Pin Bar set-up but don’t want to have to…
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Metatrader4 “SDS Simple RSI Alerts” Indicator

Introduction This indicator plots the RSI indicator on your chart. It also highlights overbought and oversold levels with different colours. It will also send alerts when the RSI indicator becomes overbought or oversold, including via e-mail or push notification to your phone. It’s ideal for when you want to be notified of RSI overbought/oversold set-up…
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MetaTrader4 “SDS Engulfing Bar Alerts” Indicator

Introduction This indicator marks Engulfing Bars (bars with a higher high and a lower low than the previous bar) on your chart. It will also send alerts when one forms, including via e-mail or push notification to your phone. It’s ideal for when you want to be notified of an outside bar set-up but don’t…
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MetaTrader4 “SDS Inside Bar Alerts” Indicator

Introduction This indicator marks Inside Bars (bars with a lower high and a higher low than the previous bar) on your chart. It will also send alerts when one forms, including via e-mail or push notification to your phone. It’s ideal for when you want to be notified of an inside bar set-up but don’t…
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How to Use the RPA Forex Tester Strategy

This article is a practical guide for users of the RPA ForexTester Strategy. For a review of the ForexTester back-tester software see here. For installation instructions for the RPA strategy, see here. Having installed your RPA software, how do you go about using it? This is a guide to setting up and using the strategy…
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How to Use the ForexTester Easy Order Entry Script

This article is a practical guide for users of the Easy Order Entry ForexTester Script. For a review of the ForexTester back-tester software see here. For installation instructions for the EOE script, see here. Having installed your EOE software, how do you go about using it? This is a guide to setting up and using the strategy…
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