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John Smith's Tools

The John Smith's Tools (JST) software is probably the leading and the most complex and versatile Toolset you can get on the Metatrader platform. It consists of 22 comprehensive tools with a very wide range of features that we consider to be a significant help in your trading decision making and not only that! There are several features you will find extremely useful in your actual trading!

An incalculable amount of time was spent on programming and testing 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 stress tested by a selected group of traders for almost half a year in order to make all the features as convenient and useful as possible.

We feel 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 authentication against the authorization server and more and everything fully automatic! This is a first in the Metatrader environment. The JST software is even able to extend the history data amount. Another first.

However, we would like to make this clear: our software will not pretend to trade in your place. 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 this is not the right place for you. We just want you to try our software. If you give it a try and are willing to explore all its features, you will surely find out how useful it can be.

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 a 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.

Automatic History Downloader (AHD)

Excellent indicator (expert) combining the power of currency pairs autodetection and unique automatic history data management. +

Currency Strength Indicator including Divergence Detector (CSI)

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. +

Moving Pivots Indicator (MPI)

Versatile pivots indicator calculating pivot values from 'last 24 hours' thus allowing the highest possible accuracy. +

Currency Pivots Indicator including Divergence Detector (CPI)

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. +

Currency Strength/Pivots Meter (CSPM)

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). +

Seven of the most used Indicators with incorporated Divergence Detector (CCI_Div, Mom_Div, OsMA_Div, MACD_Div, OBV_Div, RSI_Div, Sto_Div)

Full-featured well-known indicators including: +

  • Commodity Channel Index (CCI) Indicator
  • Momentum Indicator
  • Moving Average of Oscillator (OsMA) Indicator
  • Moving Averages Convergence/Divergence (MACD) Indicator
  • On Balance Volume (OBV) Indicator
  • Relative Strength Index (RSI) Indicator
  • Stochastic Indicator

Fibonacci Bollinger Bands Indicator with Enhanced Features (FBBI)

Unique and very efficient indicator combining the Bollinger Bands principles with Fibonacci numbers and Wilder's smoothed Average True Range algorithm. +

Last 5pmEST Distance Indicator (L5EST)

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). +

Moving MTF ATR Indicator with Enhanced Features (MTFATR)

Significantly enhanced multi-timeframe ATR indicator with several interesting additional features. +

Trend Strength Indicator (TSI)

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. +

Gap Detector (GD)

Relatively simple yet very effective indicator combining the power of currency pairs autodetection and gaps detection algorithm. +

Timezone Info (TI)

A script showing useful timezone related information. +

MTF Channels Indicator with Enhanced Features (MTFCH)

Multi-timeframe indicator allowing to automatically detect and draw price channels with several interesting additional features and Fibonacci numbers utilization. +

MailAlert On Order Open-Close (MailAlert)

Simple indicator (expert) providing automatic e-mail notifications of trading orders. +

Micro Status Indicator (MSI)

An indicator calculating high/low from the most recent history segment of specified length and also providing some very useful trading-related information. +

Watcher including Enhanced Trailing Stop, AutoClose and Configuration Management (Watcher)

Special indicator (expert) providing several very unique features. +

 

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

Interested in forex trading? forex brokerage firms!


FX Solutions LLC
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FOREX.com
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Forex Club Financial Company
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GFT
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City Credit Capital (UK) Limited
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