How to Start with Metatrader 5 - page 75

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Do you autotrade?
Read this thread to understand HowTo.
 

Forum on trading, automated trading systems and testing trading strategies

Hot to create a poll

Sergey Golubev, 2013.10.22 16:13

Go to the main page of the forum https://www.mql5.com/en/forum - select the section of the forum you want to create a poll - click on New Topic link - click on arrow :




 

Forum on trading, automated trading systems and testing trading strategies

Indicators: Renko_v1

Sergey Golubev, 2013.10.16 08:04

How to Use Renko Bricks and Moving Averages to Find Trades

Talking Points

  • Renko bars help filter the noise
  • Renko bars reveal clearer entries and exits
  • Moving Averages can be used with Renko bars with some minor setting changes to pinpoint entries

Seeing the trend without Forex market noise is the goal of every trader. Too many times, traders get head-faked by the twists and turns of price action.

In addition moving averages can be used to signal entries and exits as well. A couple of settings have to be changed in order to get the moving averages which are usually tied to time, to work with a chart system that is based on price.

To add a 13-period exponential moving average to the Renko chart, choose EMA from the Add Indicator menu then change “Number of periods” to 13.


Notice the chart above which displays both Renko bars and a 13-period exponential moving average. A simple system can be built around the Renko bars and the moving average. When Renko price bars cross below the moving average and turns red, traders can enter short and stay with the trend until the Renko bars cross back above the moving average.

An initial stop could be placed just above the last blue Renko brick. Keep in mind that in the above example, each brick is equal to five pips. In the above example, the red circles mark where the Renko bars crossed below the moving average. A trader can see that a number of pips could have been gathered as the bars stayed below the moving average.

On the other hand, when the Renko bars change color and cross above the moving average, traders can enter long placing stop just below the last red Renko brick. The above chart shows in the green circles, points were the Renko price bars moved above the moving average generating a clear buy signal.

Renko charts, without the dimension of time, may take a little getting a little used to. But once you get the hang of them, you may find it difficult to go back to the candles. Adding a moving average gives excellent signals for entry and exit. Marrying them up with other indicators can magnify the benefits of trading without noise and scary wicks!




 

Forum on trading, automated trading systems and testing trading strategies

MetaTrader 5 for Android build 1338: built-in chat, convenient transfer of security certificates, and new languages

MetaQuotes Software Corp., 2016.08.05 10:44

The new version of the MetaTrader 5 for Android features a free built-in chat, which traders can use to chat with other MQL5.community members straight from the platform. Now it is possible to send an instant message directly to a selected recipient's mobile device.

Built-in Chat in MetaTrader 5 Android

Now traders can chat with any MQL5.community member at any time and at any place via mql5.com web site or a mobile device. Also, the built-in chat has recently been added to the desktop version of the MetaTrader 5 platform.

Another convenient feature of the new MetaTrader 5 Android is the quick transfer of SSL certificates from the desktop platform to a mobile device. If you need to transfer a certificate, open the MetaTrader 5 desktop platform, and select the transfer option from the account context menu in the Navigator window.

Convenient transfer of security certificates

Specify the master password of the account in the new window and set the new password consisting of 8 digits to protect the certificate. Next, launch the mobile application and connect to your account. You will be immediately prompted to import the certificate and to enter the numeric password that you have specified in the desktop MetaTrader 5 platform. That's all.

In addition, we have translated the MetaTrader 5 mobile application interface into two more languages (Dutch and Farsi), so now users can choose from 24 languages available!

Update your MetaTrader 5 Android App and enjoy all the new features - the new build is already available on Google Play!


 

Forum on trading, automated trading systems and testing trading strategies

MetaTrader 5 for iOS build 1371: redesigned chat interface and in-app language selection

MetaQuotes Software Corp., 2016.08.09 12:52

The updated MetaTrader 5 for iPhone/iPad features a completely new design of messages. Now, MQL5.community messages and push-notifications from the desktop platform are displayed as chats similar to those used in popular messaging apps.

MetaTrader 5 for iOS build 1371

In addition, it is now possible to switch to any of the 23 available languages straight from the platform. Specify your preferred language in the "About" section without changing your device language settings.

Update your MetaTrader 5 for iOS app — the new build is already available on the App Store!


 

Forum on trading, automated trading systems and testing trading strategies

Become an Author at MQL5.com!

MetaQuotes Software Corp., 2010.01.21 14:56

The new MQL5 Community website at http://www.mql5.com keeps developing. We invite all of you to make your contribution to this development.

The new MQL5 is the evolutionary continuation of MQL4. The new language is characterized by the support of object oriented programming, by a higher code execution speed, by multi-currency testing and other tempting features. This opens to all of you new possibilities to implement any trading strategies.

We invite you to become our author and publish your articles on this website. This is a brilliant chance for you to promote your ideas and exchange your experience with other traders. Another important thing is that we offer the author's fee from 200 credits and higher. Besides, we will translate your article into Russian to make it available for the Russian part of our website.

We've developed this new website to provide convenient working conditions for article writers. Convenient layout, text editing right in the browser window (no need to use other editors), possibility to insert images or even publish video in your articles using the built-in media player - you are sure to like all the novelties of our new website.

The number of website visitors keeps growing. More and more traders and exchanges from various financial markets show their interest in the new MetaTrader 5 terminal. All materials published on this resource will be available to this broad audience.


If you have any ideas on MQL5 usage, and if you are ready to prepare interesting educational materials in the new language - You are welcome to become our valuable author!


Forum on trading, automated trading systems and testing trading strategies

Rashid Umarov

Here are some topics for the articles:
  1. The Multicurrency Indicators in MQL5.
  2. Creating an Expert Advisor for a Trading on Several Financial Instruments.
  3. The Money Management systems for the Expert Advisors.
  4. Visualization in Expert Advisors.
  5. Creating and Publishing the Custom Trading Reports in MQL5.
  6. Integrating MQL5 with Data Processing Packages.
  7. Automatic Web-Publication of Trading Forecasts at Sites and Social Networks.
  8. Creating the Information Panels Using the Standard Library Classes.
  9. Example of Trading System, Based on Heiken-Ashi Indicator.
  10. Example of an Expert Advisor, Based on Bill Williams Trading System..
  11. The Custom Indicator, Calculated on the Customized Data.
  12. Example of Classical Indicator with a Numerous Intermediate Indicator's Buffers (10 and more buffers).
  13. The  ORDER_MAGIC and its Use in Several Expert Advisors for a Trading on the Single Instrument.
  14. The Recipes for the Optimal Calculation of the Indicators.
  15. MQL5: Testing and Using the Complicated Math Calculations in Expert Advisors and Scripts.
This list isn't comprehensive, if you have implemented a new interesing solutions in MQL5, you are welcome!


New Article Publishing System at the MQL5.community
 

Forum on trading, automated trading systems and testing trading strategies

Internet Browser Requirements

Alexey, 2013.01.17 11:35

Internet Explorer 8 or higher is required for the Market to work in MetaTrader terminal

 
Sergey Golubev:

I decided to create this thread to help to myself and to the others to start with Metatrader 5.

I am experienced in MT4 and in forex in general (i hope : ) but we traders really need to collect all the information about it in one place.
I will make some posts about 'how I am starting with MT5'. :)

Please make your any question about Metatrader 5 and I will try to answer them,
or we will reply all together.



 

thanks for that .. should be very interesting for all of us
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