Forex Wine is a non-profit project which aims to research and develop software for use with the MetaTrader platform.
This project is under a collaboration between ForexWine.com and ForexNew.org.
Project under Development
Smart Elliot Wave Scanner
Smart Elliot Wave Scanner is a software for analyzing Elliot Wave patterns.
- Capable of finding Elliot Wave patterns.
- High accuracy, low repaint rate.
- Able to send notifications to the user’s email and phone automatically when Wave 3 is detected.
Expected Completion: July 2024
Gold Genius Breakout Robot
“Gold Genius Breakout Robot” is a research and development project automated gold trading system.
- High-frequency automated gold-spot trading system.
- Run on the MetaTrader 5 platform, Timeframe H1.
- Use Price Action and Breakout Strategy for open position.
- Use Pending order and Position Sizing strategy for risk management.
Expected performance of this trading system:
- Average profitability higher than 15% per year.
- Maximum drawdown lower than 15%
Needs to pass the backtest over a period of more than 10 years.
- Backtest with the “Every tick based on real ticks” function on the MetaTrader 5 Platform.
Expected Completion: November 2024
Completed Project
Forex Dashboard Pro
Forex Dashboard Pro is a Multi-Time Frame analysis tool.
- Support analysis of market trend for multiple currency pairs (up to 10 currency pairs and six timeframes)
- Provide an ability to place a buy order quickly within a single click.
- Control risk management by specifying a lot size, TP, and SL directly on the screen.
Forex Panel Pro
Forex Panel Pro is a One-Click, fast and flexible trading tool.
- Provide an ability to place a buy order quickly within a single click.
- Support placement of buy orders in normal and pending order types.
- Control risk management by specifying a lot size, TP, and SL directly on the screen.
- It can be used in Strategy Tester to practice trading with historical prices.
Currency Strength Meter
Currency Strength Meter is an indicator to measure currency strength.
- It can be used to measure the strength of currency pairs on a daily basis.
- The currency strength is in the level between 0-10
- where 10 means very strong, and 0 means very week.
Copyright information
- All software is legally under the copyright of Forexwine.com and Forexnew.org.
- This is developed to be a helping tool for analyzing a market trend and managing orders.
- The software is free without requiring a membership application and usage restriction.
- It is permitted to distribute without permission. If you wish to distribute it, you are required to specify the source of contents (an original URL)
- Unauthorized claims, commercial use, and use in profit activities are prohibited.
License Agreement
- Please note that all software is a tool for analyzing a market trend and managing orders only and cannot guarantee work and outcomes.
- Please try it out with a demo account until you have expertise before you use the software in real trades.
- Please be aware that investing in the Forex market involves high risk. You may lose all money from the investment.
- Forexwine.com is a website for providing knowledge and tools for analysis only. The site is not responsible for your investment decisions.
Please support us.
Researchers have worked hard to develop effective software and are currently developing to make all software compatible with MT5.
You can contribute to us by making voluntary donations.