MQL5.com Wall - Recent advancements in algorithmic/automated trading in MetaTrader 5

2013.12.04

Bestsellers in the Market:

Volume Spread Analysis by Vladimir Gotsulenko

30.00

The indicator produces signals according to the methodology VSA (Volume Spread Analysis) - the analysis of trade volume together with the size and form of candlesticks. The signals are displayed at closing of bars on the main chart in the form of arrows. The arrows are not redrawn. Input Parameters: DisplayAlert - enable alerts, true on default; Pointer - arrow type (three types), 2 on default; Factor_distance - distance rate for arrows, 0.7 on default. Recommended timeframe - М15. Currency pair

Easy Order by Tino Tkalec

10.00

Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences. You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advisor. T

Actual Depth of Market Chart by Sergey Andreev

30.00

The professional tool of stock traders in now available on MetaTrader 5 . The Actual depth of market chart indicator visualizes the depth of market in the form of a histogram displayed on a chart, which refreshes in the real-time mode. Meet new updates according to user requests! Now Actual Depth of Market indicator displays the current ratio of volume of buy and sell requests (B/S ratio). It shows the share of volume of each type of requests in the entire flow of requests as well as the absol

Bid Ask Volumes by Wildbunny

19.99

This indicator shows you the volume underlying the Bid and Ask quotes in the MetaTrader terminal. Volume is a key driver of price - if there is a large skew between Bid and Ask volume, this suggests price is going to make a movement in the skew direction. This indicator is a very useful tool for scalpers and other short-term traders as it allows you to confirm your existing signals. Settings include: Scale Percent - percentage of window to fit volumes inside; VolumeLotsAtMaxScale - number of lot

Angle Regression Line with Divergence by Vladimir Gotsulenko

30.00

The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis. Input Parameters: Period - period of calculation, 24 on default; CalculatedBar - number of bars for displaying a divergence, 300 on default; AngleTreshold - slope at which a flat is displayed, 6.0

2013.12.03

The most popular forum topics:

Interesting and Humour 97 new comments
I have been charged, where do I find out what for? 86 new comments
MetaTrader 4 Build 529 beta released with new compiler 66 new comments

2013.12.03

Most read articles this month

Raise Your Linear Trading Systems to the Power

Today's article shows intermediate MQL5 programmers how they can get more profit from their linear trading systems (Fixed Lot) by easily implementing the so-called technique of exponentiation. This is because the resulting equity curve growth is then geometric, or exponential, taking the form of a parabola. Specifically, we will implement a practical MQL5 variant of the Fixed Fractional position sizing developed by Ralph Vince.

MetaQuotes ID in MetaTrader Mobile Terminal

Android and iOS powered devices offer us many features we do not even know about. One of these features is push notifications allowing us to receive personal messages, regardless of our phone number or mobile network operator. MetaTrader mobile terminal already can receive such messages right from your trading robot. You should only know MetaQuotes ID of your device. More than 9 000 000 mobile terminals have already received it.

How to Order an Expert Advisor and Obtain the Desired Result

How to write correctly the Requirement Specifications? What should and should not be expected from a programmer when ordering an Expert Advisor or an indicator? How to keep a dialog, what moments to pay special attention to? This article gives the answers to these, as well as to many other questions, which often don't seem obvious to many people.

2013.12.03

Most downloaded source codes this month

Awesome Oscillator Divergence This indicator will plot divergence lines on the Awesome_Oscillator indicator and will give buy and sell signal by displaying arrows.
MultiCurrEA An example of how to create a multicurrency Expert Advisor that trades using the Bollinger Bands indicator.
MQL5 Wizard - Trading Signals of Candlestick Patterns + Stochastic Trading signals of candlestick patterns with confirmation by Stochastic indicator.

2013.12.03

29 new topics on forum:

and 26 more...

2013.12.03

The most downloaded free products:

ADX Plus by Andrey Egorov

FREE

The indicator presents a new way of early trend detection using the popular ADX indicator methods. The new system adapts to the market and eliminates additional conditions. To generate a signal when using the standard ADX indicator, the ADX line should cross some level - 20, 22, 26, etc. However, it is very difficult to select such a level not only for different symbols but also for different timeframes on the same chart which makes ADX practically useless. The solution has turned out to be simp

Historical Memory by Marat Sultanov

FREE

Indicator-forecaster. Very useful as an assistant, acts as a key point to forecast the future price movement. The forecast is made using the method of searching the most similar part in the history (pattern). The indicator is drawn as a line that shows the result of change of the close price of bars. The depth of history, the number of bars in the forecast, the patter size and the quality of search can be adjusted via the indicator settings. Settings: PATTERN_Accuracy_ - quality of the search.

2013.12.03

Bestsellers in the Market:

Bobra Adept by Arnold Bobrinskii

900.00

This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Adept Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number. Us

Center of Gravity Indicator by Camille Huot

10.00

What is Center of Gravity? The Center of Gravity indicator allows you to get an instantly strong sentiment of where any market is going. It works with any kind of market: Forex, Stocks, Metals... The extreme ease of reading is the real power of this indicator. The basics behind Center of Gravity is a physics law: barycentre. When the market price deviates strongly from this centre of gravity, the probability is considered high that the market price will evolve back towards the centre of gravity.

TPS sova by Oleg Peiko

15.00

This Expert Adviser uses scalping based on the strength of the current trend movement. It's able to work on many instruments and brings significant profit with little drawdown.

PZ Trend Trading MT5 by PZ TRADING SLU

249.00

Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind

PZ Trade Manager Pro MT5 by PZ TRADING SLU

99.00

This is a visual trade panel that helps you to place and manage trades easily, avoiding human errors and enhancing your trading activity. It combines an easy to use visual interface with a sound risk and position management approach. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to use Trade easily from the chart Trade with precise risk management, hassle free Capital preservation is top priority Let profits run without your attention Enjoy risk-free

2013.12.03

New publications in CodeBase

THREE MOVING AVERAGE EA (X3MA EA) It uses 3 fast MAs to determine entries and exits as well in an event of a crossover.
HardcoreFX Expert Advisor This is the Expert Advisor with Money Management and signal selection. You can add your own signals in this EA very easily by just adjusting the function signals.
EURX Euro Currency Index EURX=34.38805726 x [(EURUSD x 0.3155) + (EURGBP x 0.3056) + (EURJPY x 0.1891) + (EURCHF x 0.1113) + (EURSEK x 0.0785)]
Coensio Swing Trader EA CSTV04 Coensio Swing Trader makes it possible to trade semi-automatically using manually pre-defined support/resistance or breakout levels.

2013.12.02

25 new topics on forum:

and 22 more...

2013.12.02

There are more than 57 560 topics available on forum

2013.12.01

The most popular forum topics:

Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 104 new comments
Interesting and Humour 78 new comments
Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 72 new comments

2013.12.01

Bestsellers in the Market:

Bobra Adept by Arnold Bobrinskii

900.00

This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Adept Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number. Us

PZ Chipmunk Scalper EA MT5 by PZ TRADING SLU

299.00

The PZ Chipmunk Expert Advisor is an aggressive mathematical scalper that trades the M15 timeframe and tick data, implementing a universal strategy which can be applied to any instrument. It has evolved over time from Goldfinch to be more profitable and stable in live trading. It trades EURUSD, GBPUSD, USDJPY, EURGBP, EURJPY, GBPJPY and AUDUSD. It has only five input parameters (Signal, SL, TS, TSP and TP). The average profit factor is above 3.5. It makes around 90% winning trades. Conservati

Virtual Stops by Andrey Barinov

10.00

Multi-currency virtual Take Profit and Stop Loss. Virtual stops work as usual SL/TP on a server/broker side, but are not visible to your broker and are kept only within EA "memory". Allows flexible positions filtering and processing by: Pair Magic Position ID Position Type The Expert Advisor can be placed on any chart. You can use Virtual Stops simultaneously with any other trading Expert Advisor. The Expert Advisor also features: on screen display extended logging separate EA log file standa

Plan B by Anton Gorin

10.00

Expert Advisor Plan B is based on analyzing price action. Positions are closed when opposite signals appear. Input Parameters Period - number of bars to be analyzed; Mode - operation mode of the Expert Advisor (0-11); Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the free margin. The screenshots demonstrate the backtesting results. The Expert Advisor was tested on EURUSD M1 in the "Every tick" mode from 07.01.2013 to 24.08.2013. The Expert Advisor was set to mode 0,

Bobra Stable by Arnold Bobrinskii

1 400.00

This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Stable Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number

2013.12.01

Most read articles this week

Raise Your Linear Trading Systems to the Power

Today's article shows intermediate MQL5 programmers how they can get more profit from their linear trading systems (Fixed Lot) by easily implementing the so-called technique of exponentiation. This is because the resulting equity curve growth is then geometric, or exponential, taking the form of a parabola. Specifically, we will implement a practical MQL5 variant of the Fixed Fractional position sizing developed by Ralph Vince.

How to Install and Use OpenCL for Calculations

It has been over a year since MQL5 started providing native support for OpenCL. However not many users have seen the true value of using parallel computing in their Expert Advisors, indicators or scripts. This article serves to help you install and set up OpenCL on your computer so that you can try to use this technology in the MetaTrader 5 trading terminal.

How to Order an Expert Advisor and Obtain the Desired Result

How to write correctly the Requirement Specifications? What should and should not be expected from a programmer when ordering an Expert Advisor or an indicator? How to keep a dialog, what moments to pay special attention to? This article gives the answers to these, as well as to many other questions, which often don't seem obvious to many people.

2013.12.01

Most downloaded source codes this week

Ergodic_Ticks_Volume_Indicator One of the indicators of tick volume with multiple EMAs by William Blau.
MultiCurrEA An example of how to create a multicurrency Expert Advisor that trades using the Bollinger Bands indicator.
MQL5 Wizard - Trade Signals Based on Morning/Evening Stars + RSI Trade signals based on "Morning Star/Evening Star" candlestick patterns, confirmed by Relative Strength Index (RSI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.

2013.12.01

19 new topics on forum:

and 16 more...

2013.11.30

The most popular forum topics:

Interesting and Humour 75 new comments
Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 66 new comments
New Members introduction 21 new comments

2013.11.30

20 new topics on forum:

and 17 more...

2013.11.29

The most popular forum topics:

Interesting and Humour 92 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 34 new comments
New Members introduction 19 new comments

2013.11.29

26 new topics on forum:

and 23 more...

2013.11.29

There are more than 57 500 topics available on forum

2013.11.29

Bestsellers in the Market:

TPS sova by Oleg Peiko

15.00

This Expert Adviser uses scalping based on the strength of the current trend movement. It's able to work on many instruments and brings significant profit with little drawdown.

Modified Awesome Oscillator by Gennadiy Stanilevych

60.00

The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions". The indicator detects and marks the following trade signals: "Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer". The indicator includes a signal block that inf

Auto Format by Gennadiy Stanilevych

30.00

This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5. It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes th

Spread and Swap monitor by Gennadiy Stanilevych

30.00

The indicator is intended for determining the spread and swap size, the distance for setting stop orders and stop losses from the current price allowed and the risk per 1 point in the deposit currency. The indicator informs a trader about possible additional expenses and profits connected with transferring a position to the next trade session of the financial instrument. It also informs about the spread size and the distance of pending orders, stop loss and trailing from the current price. In ad

PZ Chipmunk Scalper EA MT5 by PZ TRADING SLU

299.00

The PZ Chipmunk Expert Advisor is an aggressive mathematical scalper that trades the M15 timeframe and tick data, implementing a universal strategy which can be applied to any instrument. It has evolved over time from Goldfinch to be more profitable and stable in live trading. It trades EURUSD, GBPUSD, USDJPY, EURGBP, EURJPY, GBPJPY and AUDUSD. It has only five input parameters (Signal, SL, TS, TSP and TP). The average profit factor is above 3.5. It makes around 90% winning trades. Conservati

2013.11.29

Published article "Video tutorial: MetaTrader Signals Service".

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this tutorial, you will be able to subscribe to any trading signal, or publish and promote your own signals in our service.

2013.11.29

Bestsellers in the Market:

Trading Chaos Chart by Gennadiy Stanilevych

60.00

The main purpose of the indicator is to detect and mark on a chart the following trade signals described in "Trading Chaos (2-nd edition)": Bullish and bearish divergence bars with angulation (including squat). Bars in the red and in the green zones according to the color of the Awesome Oscillator histogram. Squat bars on the chart independent of the color of the Awesome Oscillator histogram. Levels of "important" fractals relative to the "Teeth line" of the Alligator indicator. Drawing angulati

Ilan trailing by Denis Kolomensky

11.00

Ilan trailing for MetaTrader 5 Determines the direction of trading according to candlestick patterns. Settings: Initial volume. Lot increasing exponent. Density of averaging (step of bends opening). Maximum amount of averaging (the maximum number of bends). Take Profit in points. Selecting the volume accuracy (number of digits after a decimal point in the volume). Magic number of the Expert Advisor. Slippage. Trailing Stop. Maximum possible loss as a percentage of the deposit.

BotMAn by Anton Gorin

10.00

The Expert Advisor BotMAn uses Moving Average data and an adaptation block. The entry/exit points are located at the points of intersection of the moving averages. The direction is determined by the adaptive system of the Expert Advisor using values of the moving averages. Input Parameters First MA Period - period of the first moving average indicator; First MA Method - averaging method of the first indicator; Second MA Period - period of the second moving average indicator; Second MA Method - a

DROID by Yurii Nelzin

50.00

DROID is a multicurrency night scalper. It works at night when the market is flat. The deals are closed by take profit, averaging or stop loss. Preferred currency pairs are EURUSD, GBPUSD, EURGBP, USDJPY, USDCHF, EURCHF, USDCAD. Up to 7 currency pairs can be used. There is no need to configure SL and TP levels. The Expert Advisor determines four- and five-digit accounts automatically. The robot uses the magic number in order not to interfere with unrelated orders (positions). Settings: risk

Deal Notifications by Andrey Barinov

10.00

Advanced new deals notificator. It always keeps you informed about ALL deals from your MetaTrader 5 trading terminal. Being placed on any chart it sends e-mail and Push Notification with all information about the new deal. The user can create his own message type and include only necessary information into the text. The best deal notification solution. It informs you about absolutely all deals, without missing a single one.

2013.11.28

38 new topics on forum:

and 35 more...

2013.11.28

The most popular forum topics:

Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 93 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 60 new comments
New Members introduction 17 new comments

2013.11.28

Bestsellers in the Market:

PZ Chipmunk Scalper EA MT5 by PZ TRADING SLU

299.00

The PZ Chipmunk Expert Advisor is an aggressive mathematical scalper that trades the M15 timeframe and tick data, implementing a universal strategy which can be applied to any instrument. It has evolved over time from Goldfinch to be more profitable and stable in live trading. It trades EURUSD, GBPUSD, USDJPY, EURGBP, EURJPY, GBPJPY and AUDUSD. It has only five input parameters (Signal, SL, TS, TSP and TP). The average profit factor is above 3.5. It makes around 90% winning trades. Conservati

Modified Accelerator Oscillator by Gennadiy Stanilevych

30.00

The main purpose of the indicator is to determine and mark trade signals on the histogram of the Accelerator Oscillator, which were described by Bill Williams in his book "New Trading Dimensions". The list of signals: The buy signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is below the zero line. The sell signal when the indicator histogram is above the zero line. The buy signal when the indicator histogram is above the zero line. The buy

Betting EA by Anton Nel

30.00

Aim of this Betting EA: Correctly predicting whether prices will rise or fall. Duration: Choose between 60 seconds, 5 minutes, 1 hour or 24 hours. Explanation: Once you start a bet, your lot size (or volume) is fixed. You select your bet duration by clicking the "Radio" button. You can choose between 60 seconds, 5 minutes, 1 hour and 24 hours. Your chosen duration will apply to all bets until you change it again. A bet starts when you click Up or Down. Bets will terminate automatically when the

PZ Swing Trading MT5 by PZ TRADING SLU

249.00

Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with

SLTP Control Panel by Alexander Puzikov

10.00

This Expert Advisor allows controlling sl, tp and be (Stop Loss, Take Profit and Breakeven) using a panel and lines on the chart. It also features virtual settings. You can manage sl, tp and be using the panel on the chart. A flexible and convenient interface ensures quick and comfortable working with the Expert Advisor and your settings. Features Managing sl, tp and be settings right on the chart using the panel: The panel displays the sl\tp prices (useful if Virtual_sltp=true) and the number o

2013.11.27

The most popular forum topics:

Interesting and Humour 94 new comments
Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 69 new comments
New Members introduction 29 new comments

2013.11.27

26 new topics on forum:

and 23 more...

2013.11.27

There are more than 57 430 topics available on forum

2013.11.27

Bestsellers in the Market:

PZ Chipmunk Scalper EA MT5 by PZ TRADING SLU

299.00

The PZ Chipmunk Expert Advisor is an aggressive mathematical scalper that trades the M15 timeframe and tick data, implementing a universal strategy which can be applied to any instrument. It has evolved over time from Goldfinch to be more profitable and stable in live trading. It trades EURUSD, GBPUSD, USDJPY, EURGBP, EURJPY, GBPJPY and AUDUSD. It has only five input parameters (Signal, SL, TS, TSP and TP). The average profit factor is above 3.5. It makes around 90% winning trades. Conservati

Exp TickSniper FULL by Vladislav Andruschenko

30 000.00

This Expert Advisor catches quick movements of the price of a currency pair and opens positions in the movement direction. System account monitoring ; Full version of the system for MetaTrader 5: Exp-TickSniper MT5 FULL . Full version of the system for MetaTrader 4: Exp Ticksniper Demo version of the system for testing on a real chart: Exp-TickSniper DEMO . The complete instructions (in Russian) are provided in our blog . Attention: This version of the expert is completely identical to the TickS

Advanced Trailing Stop by Andrey Barinov

10.00

Multi-currency Trailing Stop. Classic Trailing Stop. It only changes order Stop Loss when the current price reaches Trailing Stop Start pips of profit, securing/"locking" more profit as the price moves in favor of a trade. It allows flexible position filtering and processing by: Pair Magic Position Position Type The Expert Advisor can be placed on any chart. You can use Advanced Trailing Stop simultaneously with any other Expert Advisor. It also features: On Screen Display Extended logging Se

Rich Monster G9 by Rogerio Figurelli

20.00

Monster Line is a Trajecta research based on the reverse engineering of some of our trading signals (Trajecta Labs Trading Ecosystem) using our very fast emulator (Trajecta Labs Strategy Emulator). The idea here is fit some of the best strategies and setups inside the Ecosystem and transform it into a highly profitable Expert Advisor. Our emulators line: Full Monster Line . The innovation power: our innovative and very fast Trajecta Labs Strategy Emulator can generate highly profitable Expert

EA microMoney EURUSD by Yongbiao Zou

39.00

The EAmicroMoney Expert Advisor works on EURUSD. It has the following parameters: maximum step price, moving average period and moving average shift. It is not bound to any specific timeframe. It uses a unique technology to identify small trends and make large volume deals. Default input parameters: StepPrice=0.00031, moving average period=12, moving average shit=9. Nothing more to say, just look at the screenshots.

2013.11.27

Published article "Testing and Optimization of Expert Advisors".

The article provides a detailed description of the process of testing and optimizing Expert Advisors in the MetaTrader 4 Strategy Tester. The importance of such information and the need for this publication cannot be underestimated. A lot of users who only get started with the MetaTrader 4 trading platform have a very vague idea of what and how needs to be done when working with Expert Advisors. The proposed article gives simple and clear answers to all of these questions and provides a slightly more professional approach to handling these issues using a specific example.

2013.11.26

Most read articles this month

MetaQuotes ID in MetaTrader Mobile Terminal

Android and iOS powered devices offer us many features we do not even know about. One of these features is push notifications allowing us to receive personal messages, regardless of our phone number or mobile network operator. MetaTrader mobile terminal already can receive such messages right from your trading robot. You should only know MetaQuotes ID of your device. More than 9 000 000 mobile terminals have already received it.

Technical Indicators and Digital Filters

In this article, technical indicators are treated as digital filters. Operation principles and basic characteristics of digital filters are explained. Also, some practical ways of receiving the filter kernel in MetaTrader 5 terminal and integration with a ready-made spectrum analyzer proposed in the article "Building a Spectrum Analyzer" are considered. Pulse and spectrum characteristics of the typical digital filters are used as examples.

How to Order an Expert Advisor and Obtain the Desired Result

How to write correctly the Requirement Specifications? What should and should not be expected from a programmer when ordering an Expert Advisor or an indicator? How to keep a dialog, what moments to pay special attention to? This article gives the answers to these, as well as to many other questions, which often don't seem obvious to many people.

2013.11.26

Most downloaded source codes this month

Awesome Oscillator Divergence This indicator will plot divergence lines on the Awesome_Oscillator indicator and will give buy and sell signal by displaying arrows.
Price_Channel_Trend Trend indicator, based on crossover of pivot level and its median.
MQL5 Wizard - Trading Signals of Candlestick Patterns + Stochastic Trading signals of candlestick patterns with confirmation by Stochastic indicator.

2013.11.26

31 new topics on forum:

and 28 more...

2013.11.26

The most popular forum topics:

Interesting and Humour 116 new comments
MetaTrader 4 Build 529 beta released with new compiler 35 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 23 new comments

2013.11.26

Bestsellers in the Market:

Ace Scalper by Andrey Vasilenko

290.00

Trading Strategy Ace Scalper works on the GBPUSD currency pair. The strategy is based on the finding of price fluctuations in the quiet periods for the currency market: from 22:00 to 03:00 Central European Time. During this period, as a rule, the strong unpredictable price movements are absent. It allows you to perfrom the relatively safe scalping with a profit of 10-14 points per trade, the average trade duration is 1-2 hours. The Expert Advisor uses a close Stop Loss of 40-70 points, which p

Precision Scalper by Wildbunny

19.99

The Precision scalper Expert Advisor is designed to give scalpers the cleanest and the most compact scalping interface on the market. Working on the minute timeframes, especially M1, you should move very fast to catch a profit. Using the standard MetaTrader interface for buying and selling is very slow, opportunities can be easily missed and, moreover, the standard interface takes up a lot of screen space. Precision scalper provides a very quick access to the common scalping requirements: Buy/Se

New Speed Up by Achmad Hidayat

150.00

This Expert Advisor does not use indicators at all, it is based on OHLC data. Once there are suitable conditions, then EA will open position. Open position is closed by take profit or stop loss (with or without trailing stop), the stop levels works in stealth mode. The type of the EA is semi Scalping . Since this Expert Advisors opens deals at new bars only, you can use "1 minute OHLC" mode to test it. Input Parameters : -------- GENERAL INFO -------- Expert Name Expert Version Expert Developer

Bobra Stable by Arnold Bobrinskii

1 400.00

This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Stable Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number

Ichimoku 4UpDate by Alexey Da

10.00

Индикатор Ichimoku. Стандартная поставка клиентского терминала. Продукт предназначен исключительно для внутреннего тестирования.

2013.11.25

The most popular forum topics:

Interesting and Humour 61 new comments
Creating and testing arbitrage strategies 55 new comments
Harmonic Analysis 35 new comments

2013.11.25

29 new topics on forum:

and 26 more...

2013.11.25

There are more than 57 370 topics available on forum

2013.11.25

Bestsellers in the Market:

Bobra Adept by Arnold Bobrinskii

900.00

This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Adept Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number. Us

Moving Average Angle 13 types by Jose Miguel Soriano

30.00

"MA Angle 13 types" is an indicator that informs of the inclination angle of the moving average curve that is displayed on the screen. It allows selecting the MA method to use. You can also select the period, the price and the number of bars the angle is calculated for. In addition, "factorVisual" parameter adjusts the information about the MA curve angle displayed on this screen. The angle is calculated from your tangent (price change per minute). You can select up to 13 types of MA, 9 standa

Recognizer 1 2 3 Patterns by Gennadiy Stanilevych

30.00

The indicator is intended for recognition and marking 1-2-3 buy and sell patterns on a chart. The indicator will help a trade to determine the starting and signal fractals, and to specify the possible entry points on all timeframes in МetaTrader 5. Fibonacci lines are drawn on the chart to indicate supposed targets of moving on the basis of the wave theory. The 1-2-3 formations appear to be especially important as divergences (convergences) are formed on price tops and bottoms. The indicator has

ProfessorFx Platinum by Achmad Hidayat

500.00

This multi-currency Expert Advisor works on 12 currency pairs (EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, AUDUSD, EURGBP, EURAUD, EURCHF, EURJPY, GBPCHF and GBPJPY) that can be selected in the parameters. Risk management can be set up manually. Optimization of all the parameters makes this EA powerful. It is based on filtered MACD to trigger the BUY or SELL signals. Open positions are closed by take profit, stop loss or according to opposite signals. You can perform optimization regularly for each

Modified Awesome Oscillator by Gennadiy Stanilevych

60.00

The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions". The indicator detects and marks the following trade signals: "Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer". The indicator includes a signal block that inf

2013.11.25

New publications in CodeBase

USD Strength Indicator CUSIV01 Indicator measures the momentary USD currency strength, using combined data from the following four USD pairs: EURUSD, GBPUSD, AUDUSD and USDJPY.
Unseasonalised Average Trading Range and Forecast for monthly charts Best used on monthly candlestick charts with four decimal points to a pip (use the JPY version for other pairs). This EA calculates the likelihood of your desired range of pips being hit based on two years of past trading ranges and a statistical forecast
TRYBASK Turkish Lira index (Sepet Kur) TRYBASK= 1 x [(USDTRY x 0.50) + (EURTRY x 0.50)]
Candle Closing Time Remaining (CCTR) Version 3 Candle Closing Time Remaining (CCTR) is an indicator which displays the remaining time for an open candle to be closed.
a_day Shows the Max and Min levels of the previos day and today's open price. Change the "up" and "dn" parameters to see the day candle.

2013.11.25

Published article "Lite_EXPERT2.mqh: Expert Advisor Implementation Examples".

In this article, the author continues to familiarize the readers with the Lite_EXPERT2.mqh functions using real Expert Advisor implementation examples. The article deals with the idea of using floating pending orders and pending orders that vary dynamically from deal to deal which are determined based on Average True Range (ATR) indicator values.

2013.11.24

The most popular forum topics:

Interesting and Humour 129 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 31 new comments
Please help write EAs for free. 5 different ideas. 19 new comments

2013.11.24

Most read articles this week

Raise Your Linear Trading Systems to the Power

Today's article shows intermediate MQL5 programmers how they can get more profit from their linear trading systems (Fixed Lot) by easily implementing the so-called technique of exponentiation. This is because the resulting equity curve growth is then geometric, or exponential, taking the form of a parabola. Specifically, we will implement a practical MQL5 variant of the Fixed Fractional position sizing developed by Ralph Vince.

How to Order an Expert Advisor and Obtain the Desired Result

How to write correctly the Requirement Specifications? What should and should not be expected from a programmer when ordering an Expert Advisor or an indicator? How to keep a dialog, what moments to pay special attention to? This article gives the answers to these, as well as to many other questions, which often don't seem obvious to many people.

MetaQuotes ID in MetaTrader Mobile Terminal

Android and iOS powered devices offer us many features we do not even know about. One of these features is push notifications allowing us to receive personal messages, regardless of our phone number or mobile network operator. MetaTrader mobile terminal already can receive such messages right from your trading robot. You should only know MetaQuotes ID of your device. More than 9 000 000 mobile terminals have already received it.

2013.11.24

Most downloaded source codes this week

Ergodic_Ticks_Volume_Indicator One of the indicators of tick volume with multiple EMAs by William Blau.
MultiCurrEA An example of how to create a multicurrency Expert Advisor that trades using the Bollinger Bands indicator.
PivotPointUniversal The indicator plots Pivot levels for all available history. There are 5 variants of Pivot levels is supported: Classic, Fibonacci, Demark, Camarilla, Woodies. There are 3 calculation periods: daily, weekly, monthly. For the daily pivot levels it's possible to specify the GMT time shift.

2013.11.24