Articles, Library comments - page 136

Stochastic RSI: Stochastic RSI is a standard Stochastic oscillator, the values of which are calculated not from a price series but from RSI technical indicator values. Standard RSI may not show market cycles or volatility changes. In case the market enters trend state, RSI often is not able to...

SaveTicks: This utility program records tick quotes in the CSV and BIN format. A flexible set of symbols is available for writing. Author: Alexey Volchanskiy

EA template for the market : The source code is only a guide for the development of your EA. Author: Jorge Eliezer Gaitan

Keltner Channel: The Keltner Channel indicator locates the most important trends. Author: Collector

Arbitrage II: The indicator plots two lines that represent the difference between two currencies derived from three pairs/currencies. Author: pipPod

Correlate: The indicator shows correlation between currencies. Author: pipPod 

Period_converter_auto: automatically converts M1-data to M5/M15/M30/H1/H4/D1 in a single run Author: schnappi

Variable Index Dynamic Average (VIDYA): This oscillator measures the ratio between the sum of positive increments and sum of negative increments for a certain period. Author: MetaQuotes Software Corp.

Rainbow WMA: Based on Mel Widner's Rainbow Average (that is similar to Guppy MMA), this is a sort of generalized version with quite a few extensions. It is a single value indicator (like any other average) that can use calculating depths up to 50. The "depth" refers to recursive way of how...

Identify potential entries : I want to share with you this story. When I started trading, I learnt the scalping strategy in a volatile market. I really loved scalping especially when I see the price is moving fast. However, scalping for a long period of time is exhausting to me especially in a

BestInterval: The library for calculating the best trading interval. Author: fxsaber 

Order History Lines Drawer : Short description: This Script will draw a line from the open to the close for each order in you account history. please show all history in account history before using this script. Author: Salman A A A T Bakhash

Theil_Sen Indicator : This indicator draws a trend-line directly on a chart. It uses the Theil Sen Estimation method to calculate the slope of the trend-line. Theil–Sen estimation is a method for robustly fitting a line to sample points in the plane (simple linear regression) by choosing the median

CandleVisual: The simplest visual interpretation of a candlestick chart. Author: Nikolay Kositsin

HTH Trader: Hedge The Hedge Trader EA. Author: Vladimir Karputov

StringArraySuite.mqh: Functions for handling two dimensional string arrays. Usefull for prototyping. Author: sx ted

Power of USD: Power of USD indicator shows actual strength of currency USD calculated of 7 pairs that contain USD.Indicator can be used for strategies based on mean reversion and/or correlation. Included pairs: EUR USD, AUD USD, NZD USD, GBP USD, USD JPY, USD CAD, USD CHF. Author: JAN OPOCENSKY

Bot indica : We use the ADX and Moving average convergence divergence (MACD) to estimate trend strength, and determine possible variance value by comparing the difference between the two lows and highs. Author: TRADERTAM

Waddah Attar Scalping: Waddah Attar Scalping indicator Shows you quick Trend. Author: waddah attar

Manual Hedging: Manual Hedging EA is an advanced hedging system.to trade manualy, each time you press the "Start" button, a sequence of trades begins ,When the market goes against you by certain number of pips, you open an opposite trade by a trade with slightly bigger lot size. Author: Aharon...

ThreeBreaky: Multisystem of Volatility Breakout Author: Fabio Cavalloni

Open with break MA: This indicator shows when to open positon. If it break above moving average 5 line its time to buy and break below sell... and break more moving average 20 that more strong buy and sell. Author: reza rahmad

Attractive Market Watch List for Potential Entries MT4 : Are you tired and lost when it comes to creating an attractive market watch list ? You always see pro traders creating an attractive market watch list in which they draw support/resistance and create all possible scenario ? Well we will guide

FAT PANEL: The Panel Designed for "Best Graphic Panel in MQL5" Contest. This graphic panel allows to automate manual trading. It has many functions, including the visual construction of trading strategies.This graphic panel allows to automate manual trading. It has many functions, including the...

New article MetaTrader 5 and MATLAB Interaction is published: This article covers the details of interaction between MetaTrader 5 and MatLab mathematical package. It shows the mechanism of data conversion, the process of developing a universal library to interact with MatLab desktop. It also covers...

New article SQL and MQL5: Working with SQLite Database has been published: This article is intended for developers who would be interested in using SQL in their projects. It explains the functionality and advantages of SQLite. The article does not require special knowledge of SQLite functions, yet...

Vervoort's crossover - tape: Vervoort's crossover - tape Author: Mladen Rakic

New article Creating a Multi-Currency Indicator, Using a Number of Intermediate Indicator Buffers is published: There has been a recent rise of interest in the cluster analyses of the FOREX market. MQL5 opens up new possibilities of researching the trends of the movement of currency pairs. A key...

Get Last Deal History : This script is to get the last deal history data, for example : profit, deal type, etc, and put the Comment on the chart. Author: Donald Reeves Sihombing

New article MQL5 Cookbook - Pivot trading signals has been published: The article describes the development and implementation of a class for sending signals based on pivots — reversal levels. This class is used to form a strategy applying the Standard Library. Improving the pivot strategy by adding...