...all you need to see
what is really going on in the Forex market
If you are looking for a complex set of software tools for
advanced technical analysis and Forex
trading with many very unique and never-seen-before features,
then look no more - this is the right place for you!
The John Smith's
Tools (JST) software is probably the best and the most
complex and versatile toolset you can ever get on the Metatrader
platform. It consists of 22 comprehensive tools with very wide range of
features which we are firmly convinced can significantly help you in
your trading decision making and not only that! There are several
features you will find extremely useful in trading itself!
We have spend many thousands of hours on programming and countless
hours on testing of over 21,000 lines of the code with the goal to make
the JST as versatile as possible, which at the end
has resulted in more than 800 external variables (variables adjustable
by you - the user) in total. Furthermore, before the public release,
these tools have been extensively tested by selected group of traders for almost
half a year in order to make all the features as convenient and useful
as possible.
Our software contains such unique features Metatrader users could only
have dreamt of until now - e.g. online version check, online
self-update,
encrypted online instant autentization against the authorization server
and more and everything fully automatic! No one has ever managed
something
like that in the Metatrader environment. The JST
software is even able to extend the history data amount which is
"officially" not possible to get automatically in Metatrader.
However, we would like to make this clear - our software is not
miracle.
Our software will not pretend to trade instead of you. We don't believe
any really profitable automated software can possibly exist as all
those
scammers with all their fancy websites selling nothing for hundreds, if
not thousands dollars a month are trying to convince you. That's why
our
website will never use any such manipulative techniques and you'll
never
find here any fancy webdesign, big and bigger and even more bigger
fonts,
with yellow highlighting, with all those empty "bonuses" and all that
rush to get your money. If you want to live in illusion, if you really
believe some mysterious software is out there waiting for you to earn
you
millions (then maybe you can explain why banks don't use such
software in
first place, otherwise there wouldn't be any bank crisis, right?),
well,
we wish you good luck, but this is not the right place for you.
That's true, we don't want neither thousands nor hundreds dollars from
you. Actually we don't want any of your money now, we just want you to
try our software. If you give it a try and will be willing to explore
all its feature, you will surely find out how useful it can be.
Please take a look below
at the truncated (literally) overview. We
offer FREE 14 DAYS TRIAL
so don't hesitate and give it a try, you definitely won't be
disappointed!
In the download section you will find more detailed manual so make sure
to read it through and through because the list of all features and
possibilities available in the JST software is
really huge.
The FORENSIC-EXPERTS Team
Automatic
History Downloader
(AHD)
Summary
Excellent indicator (expert) combining the power of currency pairs
autodetection and unique automatic history data management.
Main features
•
for
each detected pair with majors (8 main currencies) on both sides and
for each timeframe (from M1 to D1), the amount of history bars is
displayed
•
for
each timeframe, the pair with the shortest history is highlighted
•
automatic
downloading of all the necessary history data for all displayed pairs
based on the adjustable parameters (desired amount of bars specified
separately for each timeframe)
...and more!
Currency
Strength Indicator including Divergence Detector
(CSI)
Summary
Brand-new
indicator which for
each of 8 major currencies calculates overall strength using the data
from all available currency pairs containing majors on both sides.
Main features
•
for any
given point in time, the overall strength is calculated using the data
from the recent history segments of specified length (by default 'last
240 hours' which should correspond to 2 trading weeks)
•
furthermore,
for each of 8 currencies, the speed of overall strength rising/falling
is calculated and displayed in sorted order from the fastest rising to
the fastest falling; the speed algorithm is adjustable and updated at
every tick
•
in the
'cross mode', the difference between overall strengths of two
particular currencies of the currency pair this indicator is attached
to is shown
•
most
important settings can be controlled and changed globally (using
hotkeys or scripts) in the real-time for all the charts at once without
the necessity of the manual adjusting the indicator's properties
•
optional
EMA feature to smooth out the data
•
fixed
linear double-precision percentage scale from 0% (overall weakest
currency) to 100% (overall strongest currency)
•
various
display customizations including the colors, width and graph type
(line/histogram) and even font type and size of the data
•
in the
'cross mode', optional audio/visual notification when the zero line is
crossed (i.e.
when one currency of the pair just turned from overall weaker to
overall stronger compared to the other one of the given pair, and vice
versa)
•
in the
'cross mode', built-in divergence detector capable of detection of
'possible' divergences (something what seems at the moment to be a
divergence, but isn't confirmed yet) and already 'confirmed'
divergences
...and more!
Moving
Pivots Indicator
(MPI)
Summary
Versatile
pivots indicator
calculating pivot values from 'last 24 hours' thus allowing the highest
possible accuracy.
Main features
•
special
and very unique algorithm allowing the recalculation of the pivots at
virtually any frequency - besides traditional recalculation every 24
hours, all the pivot data can be recalculated for example every 4
hours, every hour, every 5 minutes, every minute, and in the 'real-time
mode' the data can be even recalculated at every tick
(maximal possible update
frequency, for real 'accuracy enthusiasts')
•
besides
the traditional pivots formula can calculate also Fibonacci pivots
•
can
calculate and display either standard pivot points (main pivot point P
and 3 bands S1 R1, S2 R2, S3 R3), or mid-pivot points (P, S0.5 R0.5, S1
R1, S1.5 R1.5) if finer granularity is needed
•
in
addition to the classic history representation, the actual (most
current) pivot data can be also displayed as (moving) horizontal lines
(either full-length or of the specified length) which, in addition, can
be drawn in the background (i.e.
'under' the main price chart, to avoid distortion of candles)
•
wide
range of settings, including:
o
number
of bands switch (0 - 3)
o
pivots/mid-pivots
switch
o
standard/Fibonacci
mode switch
o
drawing
history lines enable/disable switch
o
drawing
horizontal lines enable/disable switch
o
short/full
horizontal lines switch
o
customizable
extra price-line highlighting
o
customizable
text labels
...and more!
Currency
Pivots Indicator including Divergence Detector
(CPI)
Summary
Brand-new
indicator which for
each of 8 major currencies calculates overall pivot position using the
data from all available currency pairs containing majors on both sides.
Main features
•
for any
given point in time, the overall pivot position is calculated using the
data from the recent history segments of 'last 24 hours'
•
'sister'
indicator to CSI with several differences:
o
while
CSI shows short to intermediate term trend (by default the period of 10
trading days), CPI is focused more to 'what is happening right now'
o
different
formula
o
different
scale with no fixed minimum/maximum
•
furthermore,
for each of 8 currencies, the speed of overall strength rising/falling
is calculated and displayed in sorted order from the fastest rising to
the fastest falling; the speed algorithm is adjustable and updated at
every tick
•
in the
'cross mode', the difference between overall pivot positions of two
particular currencies of the currency pair this indicator is attached
to is shown
•
most
important settings can be controlled and changed globally (using
hotkeys or scripts) in the real-time for all the charts at once without
the necessity of the manual adjusting the indicator's properties
•
optional
EMA feature to smooth out the data
•
variable
linear double-precision percentage scale, mostly within the range from
-100% (overall mid-pivot S0.5 position) to 100% (overall mid-pivot R0.5
position)
•
various
display customizations including the colors, width and graph type
(line/histogram) and even font type and size of the data
•
in the
'cross mode', optional audio/visual notification when the zero line is
crossed (i.e.
when one currency of the pair just turned from overall weaker to
overall stronger compared to the other one of the given pair, and vice
versa)
•
in the
'cross mode', optional audio/visual notification when the specified
level is exceeded (i.e.
when the difference between overall pivot positions of two particular
currencies of the currency pair exceeds the specified level)
•
in the
'cross mode', built-in divergence detector capable of detection of
'possible' divergences (something what seems at the moment to be a
divergence, but isn't confirmed yet) and already 'confirmed'
divergences
...and more!
Currency
Strength/Pivots Meter
(CSPM)
Summary
Special
indicator (expert)
providing a framework where the very current data from the CSI/CPI
indicators is congregated and displayed in well arranged graphic-meter
form together with (optional) real-time mini-chart, with the update
frequency of 1s
(yes, every second).
Main features
•
the
current overall strength and the overall pivot positions are calculated
using the data from the most recent history segments of specified length
•
for each of 8 major currencies is displayed:
o
overall
strength/pivot positions, expressed in graphical as well as numerical
form
o
optional
graphic indication whether overall strength/pivot levels are currently
rising/falling
o
optional
graphic indication whether overall strength/pivot levels are currently
accelerating in its rising/falling
o
graphic
indication when overall pivot level appears above 100% (overall
mid-pivot R0.5) or below -100% (overall mid-pivot S0.5)
o
optional
graphical mini-chart with linear double-precision percentage scale,
either in 'strength' mode or 'pivot' mode, with adjustable
scroll-interval (if set above 1s, the resulting value is the arithmetic
average of all values calculated within given interval) and optional
minute separators (vertical grid)
•
most
important settings can be controlled and changed globally (using
hotkeys or scripts) in the real-time without the necessity of the
manual adjusting the indicator's properties
•
various
display customizations including the colors, width, font type and size
of the data
•
optional
mini-chart's scale description and graphic-meter's scale description
•
for
each of 8 major currencies is furthermore implemented:
o
optional
audio signalization when overall strength acceleration is detected
o
optional
audio signalization when overall pivot level appears within the
specified 'near' deviation (by default 2%) of 100% or -100% (i.e.
from 98% to 102%, or from -98% to -102%)
o
optional
audio signalization when overall pivot level appears above 100% or
below -100%, with regards to 'near' deviation (i.e.,
with the default settings, above 102% or below -102%)
•
optional
audio/visual/e-mail notifications with the following features (all
configurable separately for each of 8 currencies):
o
4
triggers per currency: overall strength level above/below and overall
pivot level above/below
o
2
'timeout' variables per currency: timeout for overall strength level
alarm and timeout for overall pivot level alarm (i.e.
how often is the alarm of the same event allowed to occur)
o
2
'iteration' variables per currency: number of iterations for overall
strength level alarms and number of iterations for overall pivot level
alarms (i.e.
how many times is the alarm of the same event allowed to occur; with
the special value for 'never' and 'infinite')
...and more!
Seven
of the most used Indicators with incorporated Divergence Detector
built-in
divergence detector capable of detection of 'possible' divergences
(something what seems at the moment to be a divergence, but isn't
confirmed yet) and already 'confirmed' divergences, with:
o
for
indicators with fixed scale (CCI, RSI, Stochastic) - a possibility to
set the 'minimal significant deviation' to display and alert only
significant divergences (filtering out the 'noise')
o
an
ability to separately configure the appearance of divergence
trend-lines in the main price chart area and/or in the indicator chart
area in order to stress out a divergence, including the possibility to
separately configure the width of these price's and indicator's
trend-lines
...and more!
Fibonacci
Bollinger Bands Indicator with Enhanced Features
(FBBI)
Summary
Unique and
very efficient
indicator combining the Bollinger Bands principles with Fibonacci
numbers and Wilder's smoothed Average True Range algorithm.
Main features
•
displays 4 bands around the imaginary middle (SMA with
the default period 20) which are the most likely zones where the price
either bounce off or continue towards the next band; furthermore, the
third and fourth band is often used to identify so-called extreme
overbought/oversold areas indicating an upcoming market turn, or,
especially if seen in higher timeframes, indicating a strong pressure
in the given currency pair
•
all used Fibonacci numbers are adjustable in the
indicator's properties; also, the period of the (non-displayed) middle
SMA is adjustable (non-displayed because the Metatrader unfortunately
doesn't allow to display more than 8 lines per indicator)
•
most of
the settings can be controlled and changed globally (using hotkeys or
scripts) in the real-time for all the charts at once without the
necessity of the manual adjusting the indicator's properties
•
optional
fully customizable audio/visual/e-mail notification when the price
appears beyond the 3rd band and beyond the 4th band; furthermore, the
notification of the 3rd band may be restricted to only those cases when
the price appears within the specified distance (by default 20%) from
the high/low calculated from the specified history range (by default
'last 240 hours')
...and more!
Last
5pmEST Distance Indicator
(L5EST)
Summary
Relatively
simple yet very
effective indicator displaying the relative distance between the
current price and the open price from the last 5pm EST (actual broker's
timezone and local computer's timezone and the deviation between them
is detected and calculated automatically).
Main features
•
5pm EST
is the very time when the present trading day ends, swap (roll-over)
interest rates are applied and at the same time the new trading day
begins, so the '5pm EST open price' is actually the open price of a
trading day; therefore this indicator allows to see at very first sight
how the given currency pair is doing any single day
•
furthermore,
this indicator allows to examine the market movement of all 3 world
markets (Asia, EU, US) within a given day and see whether the later
market happens to be in reversal mode compared to the former market (e.g.
US market sometimes reverses what happened during EU market)
•
at every 5pm EST the indicator's data is resetted (set
to 0) and optional vertical separator of specified height and color is
drawn
•
single-color/multi-color
switch; multi-color mode allows to specify different color for the data
above 0 (above the price from the last 5pm EST) and different color for
the data below 0
•
all the data can be displayed either as a pure price
offset (e.g. '0.0165')
or recalculated as a deviation in pips (e.g. '165')
•
optional
horizontal line drawn in the main price chart (optionally drawn in the
background) displaying the price from the last 5pm EST, thus allowing
another way to easily see whether the current quote is above or below
the open price from the beginning of the trading day
•
optional MA feature with adjustable period allows to
smooth out the noise and show the price swings; all 4 MA modes (SMA,
EMA, SMMA, LWMA) are supported
...and more!
Moving
MTF ATR Indicator with Enhanced Features
(MTFATR)
Summary
Significantly enhanced
multi-timeframe ATR indicator with several interesting additional
features.
Main features
•
multi-timeframe - in a given chart timeframe can be
displayed the data either for the same timeframe (traditional approach)
or for any higher timeframe up to 'daily' (e.g. in M5
timeframe chart can be displayed indicator's data calculated from H4
timeframe chart)
•
allows to select MA period as well as MA mode; all 4 MA
modes (SMA, EMA, SMMA, LWMA) are supported
•
2 modes of operation - ATR mode (when MA period is
greater than 1), Range mode (when MA period is equal to 1)
•
optional 4 lines of text, separately switchable and
fully customizable (i.e.
text position, font
type
and size),
showing:
o
1st
line - the current (most recent) data, shown in respective color
according to its ratio to the average and to the maximum (i.e. if
the current data exceeds the average then is shown in yellow color; if
exceeds the maximum then is shown in red color);
all colors and ratios for
comparison are fully customizable
o
2nd
line - the average of specified number of 'last N' values (by default
'last 10') and its percentage ratio to the current data
o
3rd
line - the maximum of specified number of 'last N' values and its
percentage ratio to the current data
o
4th
line - 'Last 5pmEST Distance' value (feature taken from the Last 5pmEST
Distance Indicator) shown in respective color (i.e.
positive value in green, negative value in red)
o
optional
switch when all 4 lines are shown in compressed form in just 1 single
line
o
another
optional switch for even more compressed, extra short interpretation
line
•
fully
customizable optional extra feature allowing to display another the
'Last 5pmEST Distance' value (feature taken from the Last 5pmEST
Distance Indicator) shown in respective color in form of a single
number (with optional and customizable 'before' and 'after' descriptive
string) anywhere in the chart window (e.g.
small green/red number in round brackets shown in the left lower corner
of the main price chart)
•
optional
'Last 5pmEST Distance' horizontal line drawn in the main price chart
(feature taken from the Last 5pmEST Distance Indicator)
...and more!
Trend
Strength Indicator
(TSI)
Summary
Multi-timeframe
indicator
showing the position of the price related to the specified SMA(s), in
'SMA' mode, or to the specified RSI, in 'RSI' mode, in the form of
color blocks.
Main features
•
multi-timeframe - in a given chart timeframe can be
displayed the data either for the same timeframe (traditional approach)
or for any higher timeframe up to 'daily'
•
in 'SMA' mode, when 'TF' is set to less than 1440 (D1):
o
the position of the price is compared to the specified
SMA (calculated from the 'TF' timeframe) and the result is displayed in
the form of blocks of 2 specified colors (by default green/red)
o
furthermore, at the specified position on the chart is
(optionally) displayed the most recent value of the SMA in numerical
form (with fully customizable font type, size and color) and when the
price appears within the specified 'SMAnear' deviation (by default 15
pips) of the SMA, the SMA value is automatically shown in the specified
respective font color (by default green/red)
•
in 'SMA' mode, when 'TF' is set to 1440:
o
the position of the price is compared to the complex
set of 4 specified SMAs (calculated from the 'TF', thus D1, timeframe)
and 1 specified EMA (calculated from the 'TFema' timeframe) which gives
in total 32 possible combinations, thus the result is displayed in the
form of blocks of 8 specified colors
•
in 'RSI' mode:
o
the position of the specified RSI (calculated from the
'TF' timeframe) is compared to the '30', '50' and '70' levels and at
the same time the price is compared to the specified SMA (calculated
from the 'rTFsma' timeframe) which gives in total 12 combinations, thus
the result is displayed in the form of blocks of 6 specified colors)
o
during the comparison, the resulting color of a block
is calculated not only from the actual RSI (and SMA), but also the
previous RSI value is taken into consideration
o
furthermore, at the specified position on the chart is
(optionally) displayed the most recent value of the RSI in numerical
form (with fully customizable font type, size and color)
•
SMA/RSI mode switch can be controlled and
changed
globally (using hotkeys or scripts) in the real-time for all the charts
at once without the necessity of the manual adjusting the indicator's
properties
...and more!
Gap
Detector
(GD)
Summary
Relatively
simple yet very
effective indicator combining the power of currency pairs autodetection
and gaps detection algorithm.
Main features
•
a gap (i.e.
the
hole between the current open price and the very previous close price)may basically
occur in 2 forms:
o
during the trading (i.e.
the open price at, for example, 11:15:00 is different from the close
price at 11:14:59) - doesn't happen very often and usually
is a result of some fundamental event (e.g. news-driven
steep slope market)
o
when a new trading week begins (i.e. the very first open price
seen in the new trading week is different from the very last close
price seen in the last trading week) - this happens
relatively more often and usually may be either a result of some
weekend event or the immediate continuation of a market movement from
the end of the last week
•
audio/visual
notification when a gap is detected; the gaps can be detected either
for all
security symbols (currency pairs and other financial instruments), or
only for currency
pairs containing majors on both sides, or only for specified symbols
(up to 10 symbols separately specified in the indicator's properties)
•
the
maximal allowed age of the gaps can be specified as well as the minimal
size of the gaps (specified in pips and/or in percentage ratio)
...and more!
Timezone
Info
(TI)
Summary
A script showing useful
timezone related information.
Main features
•
allowing
to automatically detect, calculate and display:
o
local
computer's timezone, including daylight saving time indication (DST)
o
GMT time
o
actual
broker's timezone, including last known broker's time
o
whether
the Forex is open (and the remaining time to the close) or closed (and
the remaining time to the open)
...and more!
MTF
Channels Indicator with Enhanced Features
(MTFCH)
Summary
Multi-timeframe
indicator
allowing to automatically detect and draw price channels with
several interesting additional features and Fibonacci numbers
utilization.
Main features
•
multi-timeframe - in a given chart timeframe can be
displayed the data either for the same timeframe (traditional approach)
or for any lower or higher timeframe up to 'monthly'
•
besides standard channel lines, can optionally display
also the following Fibonacci channel lines (individually selectable):
o
23.6%
inside line
o
38.2%
inside line
o
50%
inside line (the middle line)
o
61.8%
inside line
o
76.4%
inside line
o
a
couple of 123.6% extended (outside) lines
o
a
couple of 138.2% extended (outside) lines
o
a
couple of 150% extended (outside) lines
o
a
couple of 161.8% extended (outside) lines
o
a
couple of 176.4% extended (outside) lines
•
each channel line can have customized color, width and
line style
•
the number of bars used for the channels detection as
well as the length of the channel (optionally drawn in the background)
is adjustable
•
informative 1-line or 2-lines description can be
optionally shown anywhere on the price chart with fully customized font
type, size and color
•
furthermore, every time when the price breaks the
channel, such spot on the chart can be optionally highlighted with the
mark of specified color
...and more!
MailAlert
On Order Open-Close
(MailAlert)
Summary
Simple
indicator (expert)
providing automatic e-mail notifications of trading
orders.
Main features
•
allowing
to detect and report (via e-mail) the following events (individually
selectable):
o
newly
opened order
o
newly
created pending order
o
closed
order
o
deleted
pending order
•
each e-mail contains all the necessary information
stated directly in the mail's subject, including:
o
type of
order
o
time
when the order was opened/created, time when the order was
closed/deleted
o
lotsize
o
currency
pair
o
open
quote; close quote
o
profit/loss in the deposit currency
•
new event (opened/created/closed/deleted order) is
detected as fast as within 1 second
...and more!
Micro
Status Indicator
(MSI)
Summary
An indicator
calculating
high/low from the most recent history segment of specified length and
also providing some very useful trading-related information.
Main features
•
in mode 1:
o
displays the distances (in pips) from the highest and
the lowest price of the specified history range (by
default 'last 240 hours');
the data is shown in sorted form so the shorter distance is always
displayed first
o
highlight (with the specified color) the data when the
price appears within the specified distance (by default 3 pips) from
the high/low
o
displays (optionally) the current spread value as well
as the current stop and freeze levels (individually selectable)
o
the data can be shown in standard or in compressed form
•
in mode 2 displays the following information about the
positions opened on the pair this
indicator is attached to:
o
total
number of all respective open positions
o
total size of all respective positions in lots;
opposite (mutually 'cancelling') long/short positions are automatically
considered (e.g. if there is
2-lots buy order and 1-lot sell order, then total lotsize is 1 lot)
o
total profit/loss in the deposit currency
o
total ticksize (profit/loss difference when pair's
quote changes by 1 pip) in the deposit currency; opposite (mutually
'cancelling') long/short positions are automatically considered (e.g. if there is
2-lots buy order and 2-lots sell order, then total ticksize is 0)
o
'average open price' of all respective open positions -
the quoted price of the pair when (if seen) the total profit/loss of
those positions would become closest to 0 (break-even)
•
all the data is updated at every tick and can be shown
anywhere on the chart with customizable font type, size and colors
•
optional
customizable audio/visual notification when the price appears within
the specified distance from the high/low
•
optional
fully customizable audio/visual/e-mail notifications when the price
reaches the high/low and when the price exceeds the high/low (thus
making a new high/low)
•
optional e-mail notification containing all the trading
information (as provided in mode 2) and including the actual quoted
price, sent in the specified interval (by default 300 seconds);
additional switch to send this e-mail notification even when no open
respective position is found (useful for periodic notification of the
selected pair's quote on the e-mail or cellular phone)
...and more!
Watcher
including Enhanced Trailing Stop, AutoClose and Configuration Management
(Watcher)
Summary
Special
indicator (expert)
providing several very unique features.
Main features
•
displays the following account information:
o
leverage
(e.g. '1:100')
o
Stop Out level (e.g. '30%'); if the margin level drops
to this level, all open positions are automatically closed by the broker
o
the mode how the free margin is calculated (either only
floating profit is used, or only floating loss, or both floating profit
and loss, or no floating profit nor loss is used for the calculation)
o
balance
o
equity
o
margin level in percentage
o
number of open positions
o
actual floating P/L in the deposit currency and in
percentage regarding to the account balance
•
also,
all balance information can be optionally sent as an e-mail
notifications in the specified interval (by default every
300 seconds); e-mails are sent out only if any open position is detected
•
enhanced Trailing Stop (TS) function which
automatically moves the SL (Stop Loss) of the selected positions
forward as their floating profit rises, thus allowing to secure a
proportionate part of that profit on-the-fly
o
at the
beginning, when a position is opened (thus its profit is negative), the
SL is (optionally) automatically calculated and set according to the
specified SL% derived from the account balance (by default 2%); if SL%
sub-feature is enabled but set to 0, the SL is set to the minimal
possible distance, considering the current spread/stop levels (useful
for scalping)
o
when the profit of a position reaches the specified
(variable 'TSStartDistance') number of pips, the SL is automatically
moved forward to the specified position (variable 'TSStart');
subsequently, as the profit grows, the SL is continuously being kept
(with the specified step) in the specified distance (variable
'TSDistance') from the current price; SL is moved only forward, never
backward (e.g.
'TSStartDistance'=10, 'TSStart'=0, 'TSDistance'=15 - when the profit of
a position reaches +10 pips, the SL is set to +0, break-even; when the
distance between the price and SL exceeds 15 pips, the SL begins to be
continuously kept in 15 pips distance)
o
SL can be moved either linearly (SL is all the time
kept in the same distance from the quoted price) or progressively, when
the total profit in pips multiplied by the specified progressive factor
(variable 'TSFactor') is added to the specified distance (e.g.
'TSDistance'=15, 'TSFactor'=0.2 - when the profit is +20 pips, the SL
is set in 19 pips distance thus at +1; when the profit is +40 pips, the
SL is set in 23 pips distance thus at +17; when the profit is +100
pips, the SL is set in 35 pips distance thus at +65 pips etc.)
o
positions with set TP (Take Profit) can be optionally
excluded from the Trailing Stop function; also, positions created with
the specified magic number can be excluded as well (to allow
coexistence with, for example, automated trading EAs etc.)
o
most of the settings can be controlled and changed
globally (using hotkeys or scripts) in the real-time without the
necessity of the manual adjusting the indicator's properties
•
AutoClose feature capable of watching and closing all
open/pending positions at once without ever using any SL
o
in the
simple (retrace disabled) mode, AutoClose watches overall floating P/L
(Profit/Loss) of the whole trading account and when this P/L reaches
the specified percentage of the account balance (may be even negative
number), all open/pending positions are immediately closed/deleted (e.g.
account balance is $1000, several positions are opened, some are in
profit some in loss, AutoClose is set to +5% - when total floating
profit reaches $50, everything is closed; similar
example, the floating loss is -$100 thus -10%, a trader wants to escape
at break-even, if seen, therefore AutoClose is set to 0% and as soon as
the P/L gets to $0 everything is closed; another
example, the floating loss is -$250 thus -25%, a trader wants to close
all as soon as possible but willing to accept no more than -$100 loss,
therefore AutoClose is set to -10% and as soon as the P/L gets to
-$100, if seen, everything is immediately closed)
o
in the retracement mode, AutoClose also watches overall
P/L, but when the specified percentage is reached, the retracement from
the highest floating profit level starts being monitored and the
closure is invoked not until the overall profit retraces to the
specified percentage (by default 55%); it could be compared to some
form of 'invisible progressive Trailing Stop' applied for all open
positions altogether without any use of SLs at all (e.g. account
balance is $1000, AutoClose set to 5%, Retrace set to 55% - when the
floating profit reaches $50, the retracement sub-feature is activated
and the closure trigger is set to $27.5 and starts being continuously
recalculated; now, if the floating profit immediately starts to retrace
and declines down to $27.5, everything is closed; if, however, floating
profit continues growing, from every new 'high' of the floating profit
is recalculated new closure trigger, thus when profit gets to $70
closure trigger is $38.5, when profit rises to $100 closure trigger is
$55 and so on; as long as the floating profit doesn't retrace down up
to the closure trigger level, all positions are kept open)
o
retracement closure trigger is moved only forward
(higher), never backward (lower)
o
optional e-mail notifications when retracement
sub-feature is activated, sent together with all the necessary
information in the specified interval (by default every 300 seconds)
o
when the closure is invoked, all positions are closed
using adjustable 'Slippage' variable and if for whatever reason not all
positions are managed to be closed at a time, the attempt is
automatically repeated 'Retry' times; if even after all 'Retry' attempts
is not everything closed, the fail is alerted and the whole loop is
repeated with 'Slippage' automatically increased by 1, and so on; the
closure is confirmed with audio/visual notification as well as with optional e-mail notification
o
most of the settings can be controlled and changed
globally (using hotkeys or scripts) in the real-time without the
necessity of the manual adjusting the indicator's properties
•
in addition, all global variables can be in the
real-time backed up and restored back using up to 10 different config
files
•
each
Watcher's text row can be separately turned on/off as well as
positioned anywhere on the chart with the specified font type, size and
color
•
to ensure the most accurate and fastest reactions, all
Watcher's functions are updated
by default every 50 ms, which means update frequency 20x
per second (adjustable variable)
...and more!
Common Features
•
all 22
tools contain online
version check
and online
self-update mechanism,
both fully automatic, so you will never find yourself left alone with
an older version!
•
each
and every tool prior its own function authenticates itself and
authorizes legitimacy of its use against the
online authentication server using secure
connection
protected by the industry standard encryption layer, which at the end
allows to instantly grant or deny the access according to the status of
a user's subscription, or activate some special additional features for
'privileged' users or even, for example, provide discount prices to the
users of some specific group (e.g.
'all holders of a live account with broker X will automatically get 25%
discount')
•
all the
tools contain built-in advertisement system allowing displaying of ads
based on various parameters which at the end may result into so-called
'sponsored' version of JST
with significantly lower price
(where the rest of the price is compensated from the ads)
•
everywhere
where applicable, the tools automatically detect the actual timezone of
a broker's server and its deviation from the local (user computer's)
timezone, thus allowing correct and accurate time use no matter in what
part of the world the user and the broker is; the actual timezone
deviation is stored in global variables (separately for each trading
account) allowing use of this feature (and all JST
parts using this feature) even
during weekends when the broker's time and its timezone deviation
cannot be detected
•
everywhere
where applicable, 'last
24
hours high/low'
(or generally 'last
x hours') is calculated and used
instead of silly 'daily
high/low'
which guarantees accurate, flawless and continuous recalculation of the
important data (ordinary
'daily high/low' depends on broker's timezone, thus not only different
brokers from different parts of the world show different 'daily
high/low' for the same market, but on top of that this data is at every
broker's midnight all of sudden within one single second changed and
even worse - resetted, i.e. daily high = daily low = midnight Bid; in
other words - 2 traders using USA-based broker and Asia-based broker
get not only wholly different 'daily high/low' for all their charts
despite they are trading in the identical market, but in addition while
USA gets to the middle of the day, a 'daily high/low' of trader using
Asia-based broker is suddenly resetted and vice versa; considering the
fact that 'daily high/low' is used for pivots calculation as well as in
many other indicators, this is very serious issue making standard
'daily high/low' totally unusable, especially in case of continuously
open Forex market)
•
automatic
detection of all security symbols (currency pairs and other financial
instruments) available in a given MT4 platform
•
fully
configurable numerous audio and visual notifications and alerts
including even various e-mail notifications; each audio signalization
uses different sound
•
over 50
global variables changeable in the real-time
with immediate impact on the
charts, controlled easily using either hotkeys or more than 60
dedicated scripts
•
full
configuration management allowing up to 10 wholly independent
configurations created and restored as easily as a single mouse
double-click including amazing feature of automatic configuration
rotation with immediate effect on the charts
•
all
indicators allow to disable and hide the indicator's label whose usual
appearance in the left upper corner might seem annoying to some traders
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