Published article "Auto detection of extreme points based on a specified price variation".
Automation of trading strategies involving graphical patterns requires the ability to search for extreme points on the charts for further processing and interpretation. Existing tools do not always provide such an ability. The algorithms described in the article allow finding all extreme points on charts. The tools discussed here are equally efficient both during trends and flat movements. The obtained results are not strongly affected by a selected timeframe and are only defined by a specified scale.
Bestsellers in the Market:
The most popular forum topics:
- Who owns the Central Bank? 66 new comments
- Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 54 new comments
- Errors, bugs, questions 47 new comments
Most read articles this month
ZigZag is one of the most popular indicators among the MetaTrader 5 users. The article analyzes the possibilities for creating various versions of the ZigZag. The result is a universal indicator with ample opportunities to extend its functionality, which is useful in the development of trading experts and other indicators.
The article describes the development of tools (indicator and Expert Advisor) for analyzing the '80-20' trading strategy. The trading strategy rules are taken from the work "Street Smarts. High Probability Short-Term Trading Strategies" by Linda Raschke and Laurence Connors. We are going to formalize the strategy rules using the MQL5 language and test the strategy-based indicator and EA on the recent market history.
Statistical distributions in the form of histograms without indicator buffers and arrays
The article discusses the possibility of plotting statistical distribution histograms of market conditions with the help of the graphical memory meaning no indicator buffers and arrays are applied. Sample histograms are described in details and the "hidden" functionality of MQL5 graphical objects is shown.
Most downloaded source codes this month
- Ichimoku Kinko Hyo System An EA fully based on the Ichimoku Kinko Hyo system.
- Yen Trader Expert Advisor to trade Yen Crosses based on Major Pairs and USDJPY divergence/convergence.
- Pivot Star Pivot indicator. Standard, Fibonacci, Camarilla, Woody's, Demark. Calculates pivot points from previous bar of chosen period (M5 - MN).
Published article "Graphical interfaces X: Advanced management of lists and tables. Code optimization (build 7)".
The library code needs to be optimized: it should be more regularized, which is — more readable and comprehensible for studying. In addition, we will continue to develop the controls created previously: lists, tables and scrollbars.
Published article "An Example of Developing a Spread Strategy for Moscow Exchange Futures".
The MetaTrader 5 platform allows developing and testing trading robots that simultaneously trade multiple financial instruments. The built-in Strategy Tester automatically downloads required tick history from the broker's server taking into account contract specifications, so the developer does not need to do anything manually. This makes it possible to easily and reliably reproduce trading environment conditions, including even millisecond intervals between the arrival of ticks on different symbols. In this article we will demonstrate the development and testing of a spread strategy on two Moscow Exchange futures.
Bestsellers in the Market:
New publications in CodeBase
- OpenOrder (With Risk Management, TP and SL) OpenOrder script allows you to open an order defining the % of balance to risk, the Stop Loss distance in pips and the Take Profit distance in pips and a magic number.
- V1N1 New Order Open orders / positions in MT4 with absolute control of the risk / reward ratio, automatically calculating the lot size.
Bestsellers in the Market:
The most popular forum topics:
- How do I open a market order correctly? 40 new comments
- Interesting and Humour 29 new comments
- Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 28 new comments
The most downloaded free products:
Most read articles this week
Patterns available when trading currency baskets
Following up our previous article on the currency baskets trading principles, here we are going to analyze the patterns traders can detect. We will also consider the advantages and the drawbacks of each pattern and provide some recommendations on their use. The indicators based on Williams' oscillator will be used as analysis tools.
Statistical distributions in the form of histograms without indicator buffers and arrays
The article discusses the possibility of plotting statistical distribution histograms of market conditions with the help of the graphical memory meaning no indicator buffers and arrays are applied. Sample histograms are described in details and the "hidden" functionality of MQL5 graphical objects is shown.
Apple products have become very popular. MetaQuotes Software Corp. attentively follows the progress of the IT industry and has already released the special mobile applications for iOS-based devices - MetaTrader 4 for iPhone and MetaTrader 5 for iPhone.There are many topics on the MQL4.community forum, where people are seeking a solution for running MetaTrader 4 under the Mac OS operating system. In this article, you will find out how to work in MetaTrader 4 via the Apple's popular operating system.
Most downloaded source codes this week
- V1N1 LONNY MT4 Automated trading system for breakouts in the London and New York sessions.
- Ichimoku Kinko Hyo System An EA fully based on the Ichimoku Kinko Hyo system.
- Auto Fibonacci Retracement Automatically draws Fibonacci retracements on chart.
Bestsellers in the Market:
Bestsellers in the Market:
The most popular forum topics:
- Direction of the subsequent tick 65 new comments
- How do I open a market order correctly? 45 new comments
- What is the value of one pixel? 33 new comments
Published article "Graphical Interfaces X: Time control, List of checkboxes control and table sorting (build 6)".
Development of the library for creating graphical interfaces continues. The Time and List of checkboxes controls will be covered this time. In addition, the CTable class now provides the ability to sort data in ascending or descending order.
Bestsellers in the Market:
Bestsellers in the Market:
The most downloaded free products:
The most popular forum topics:
Bestsellers in the Market:
Most read articles this month
ZigZag is one of the most popular indicators among the MetaTrader 5 users. The article analyzes the possibilities for creating various versions of the ZigZag. The result is a universal indicator with ample opportunities to extend its functionality, which is useful in the development of trading experts and other indicators.
The article describes the development of tools (indicator and Expert Advisor) for analyzing the '80-20' trading strategy. The trading strategy rules are taken from the work "Street Smarts. High Probability Short-Term Trading Strategies" by Linda Raschke and Laurence Connors. We are going to formalize the strategy rules using the MQL5 language and test the strategy-based indicator and EA on the recent market history.
Statistical distributions in the form of histograms without indicator buffers and arrays
The article discusses the possibility of plotting statistical distribution histograms of market conditions with the help of the graphical memory meaning no indicator buffers and arrays are applied. Sample histograms are described in details and the "hidden" functionality of MQL5 graphical objects is shown.
Most downloaded source codes this month
- Ichimoku Kinko Hyo System An EA fully based on the Ichimoku Kinko Hyo system.
- Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.
- Ultimate Moving Average Moving Average based on Ultimate Oscillator. It calculates weighted average of three moving averages (Simple, Exponential, Smoothed or Linear Weighted).
The most popular forum topics:
- Suggestions for promoting the MT5 platform to the masses 82 new comments
- Interesting and Humour 34 new comments
- Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 23 new comments
Bestsellers in the Market:
Bestsellers in the Market:
The most popular forum topics:
- Suggestions for promoting the MT5 platform to the masses 152 new comments
- Is the netminder difficult? 30 new comments
- Interesting and Humour 28 new comments
Most read articles this week
Statistical distributions in the form of histograms without indicator buffers and arrays
The article discusses the possibility of plotting statistical distribution histograms of market conditions with the help of the graphical memory meaning no indicator buffers and arrays are applied. Sample histograms are described in details and the "hidden" functionality of MQL5 graphical objects is shown.
The article describes the development of tools (indicator and Expert Advisor) for analyzing the '80-20' trading strategy. The trading strategy rules are taken from the work "Street Smarts. High Probability Short-Term Trading Strategies" by Linda Raschke and Laurence Connors. We are going to formalize the strategy rules using the MQL5 language and test the strategy-based indicator and EA on the recent market history.
Apple products have become very popular. MetaQuotes Software Corp. attentively follows the progress of the IT industry and has already released the special mobile applications for iOS-based devices - MetaTrader 4 for iPhone and MetaTrader 5 for iPhone.There are many topics on the MQL4.community forum, where people are seeking a solution for running MetaTrader 4 under the Mac OS operating system. In this article, you will find out how to work in MetaTrader 4 via the Apple's popular operating system.
Most downloaded source codes this week
- Ichimoku Kinko Hyo System An EA fully based on the Ichimoku Kinko Hyo system.
- Auto Fibonacci Retracement Automatically draws Fibonacci retracements on chart.
- V1N1 LONNY MT4 Automated trading system for breakouts in the London and New York sessions.