History of MQL5.community development

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

88.00

Loss Recovery Trader by Michalis Phylactou

150.00

This robot attempts to recover losing trades. Place a trade and if it moves in the wrong direction, the Zone Recovery algorithm initiates. An alternating series of Buy and Sell trades at two specific levels will be taking place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades are closed with a combined profit or approximate breakeven. To use 1) Place the EA on a chart and select how the first trade will open (Manual/Via EA strategy/

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both with

PZ Arbitrage EA by PZ TRADING SLU

499.00

Forex Arbitrage is a high-frequency trading strategy that exploits the decentralized nature of Metatrader Brokers. The PZ Arbitrage EA connects to two different brokers and trades price discrepancies between them. Basically, the robot trades against a slow broker knowing the future short-term price in advance. No indicators or hard analysis needed. Under ideal trading conditions, arbitrage is a zero-risk strategy. Arbitrage is a high-volume strategy and generates a lot of rebates. The PZ Arbitra

2015.07.31

New publications in CodeBase

ColorXATR_HTF The ColorXATR indicator with the timeframe selection option available in the input parameters.
ColorXCCXCandle The XCCX indicator implemented as a sequence of candlesticks.
ColorXRSXCandle The XRSX indicator implemented as a sequence of candlesticks.
ColorTrend_CF_Sign Semaphore signal indicator based on the ColorTrend_CF indicator algorithm.
TSI-OscillatorSign Semaphore signal indicator based on the ColorTSI-Oscillator indicator algorithm.
ColorTSI-Oscillator_HTF The ColorTSI-Oscillator indicator with the timeframe selection option available in the input parameters.
ColorStepXCCXTrend_x10 The ColorStepXCCXTrend_x10 indicator shows the ColorStepXCCX oscillator direction from ten different timeframes.
MultiColorStepXCCXTrend_x10 The MultiColorStepXCCXTrend_x10 indicator shows information on current trends using the ColorStepXCCX indicator direction from ten different timeframes.
ColorTrend_CF_HTF The ColorTrend_CF indicator with the timeframe selection option available in the input parameters.
ColorStepXCCX_HTF The ColorStepXCCX indicator with the timeframe selection option available in the input parameters.
ColorStdDev_HTF The ColorStdDev indicator with the timeframe selection option available in the input parameters.
ColorSchaffTrendCycle_HTF The ColorSchaffTrendCycle indicator with the timeframe selection option available in the input parameters.
Exp_ColorMaRsi-Trigger The Exp_ColorMaRsi-Trigger Expert Advisor is based on signals triggered by the colors of the ColorMaRsi-Trigger semaphore signal indicator.
ColorMaRsi-Trigger_HTF The ColorMaRsi-Trigger indicator with the timeframe selection option available in the input parameters.
ColorMomentum_AMA_HTF The ColorMomentum_AMA indicator with the timeframe selection option available in the input parameters.
ObjectCreateAndSet Functions for creating various objects and changing object properties.
ColorLinearRegSlope_V2_HTF The ColorLinearRegSlope_V2 indicator with the timeframe selection option available in the input parameters.
ColorLeManTrend_HTF The ColorLeManTrend indicator with the timeframe selection option available in the input parameters.
ColorJVariation_HTF The ColorJVariation indicator with the timeframe selection option available in the input parameters.
ColorJFatlSpeed_HTF The ColorJFatlSpeed indicator with the timeframe selection option available in the input parameters.
DXWeekSnR Indicator of support and resistance levels based on Open Close High Low Weekly Candle.

2015.07.31

There are more than 4,800 codes published in Codebase

2015.07.30

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 261 new comments
Market theory 24 new comments
Comparison of Moving Average (and any other indicators) and error 19 new comments

2015.07.30

17 new topics on forum:

and 14 more...

2015.07.30

Bestsellers in the Market:

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10. Fixe

799.00

Chartist Tictoc by Fxpod International Pte Ltd

10.00

This EA is not a fully automatic EA. It is a semi-automatic EA. Its trades are based on the lines that a users draw on the chart. The main feature is ability to trade based on drawing, and automatically open opposite trade with higher risk if needed or hedge the order. A user needs to draw a set of following lines to enter the trade: Chartist Buy : the EA opens a Buy trade based on the calculated risk depending on the Stop Loss line Chartist Buy SL : the EA closes the trade when the market is be

Tight Scalper by sacramental

1,950.00

Tight Scalper is a fully automated scalping Expert Advisor. It trades by the channel breakout strategy. You will not need to fine tune this EA. It uses smart algorithms to adapt to market. No standard indicators. No martingale. No grid trading. No arbitrage. No curve fitting according to backtest results. Stops are tight. Requirements We recommend USD based accounts. Every broker has different settings on other currency based accounts. If you have a difficulty on other currency accounts such as

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

88.00

HPO for Hidden divergence by Chinedu Onuoha

35.00

Watch the video below to see a suggested trading strategy with the High probability oscillator for hidden divergence. The strategy suggests precise entry and exit points. Hidden divergence is regarded as a high probability trading strategy mainly because it is a trend continuation divergence. The indicator prints the hidden divergence lines for you, so you do not have to strain your eyes most of the time searching for hidden divergence.

2015.07.30

There are more than 1,280 products available in Market

2015.07.30

Published article "Managing the MetaTrader Terminal via DLL".

The article deals with managing MetaTrader user interface elements via an auxiliary DLL library using the example of changing push notification delivery settings. The library source code and the sample script are attached to the article.

2015.07.30

New publications in CodeBase

Exp_ColorJLaguerre The Exp_ColorJLaguerre Expert Advisor is based on the ColorJLaguerre oscillator change of position relative to the overbought and oversold levels.
Exp_ColorJMomentum The Exp_ColorJMomentum Expert Advisor is based on the ColorJMomentum oscillator change of direction.
ID Lite Info MA The indicator shows Moving Averages (MA) values, difference between values and difference between MA.
ColorZerolagX10MA_StDev The ColorZerolagX10MA indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.
Exp_ColorZerolagX10MA The Exp_ColorZerolagX10MA Expert Advisor is based on the ColorZerolagX10MA moving average change of direction.
ColorZerolagX10MA_HTF The ColorZerolagX10MA indicator with the timeframe selection option available in the input parameters.
Gaps Indicator of price gaps between the previous Close and the current Open price.
ColorJMomentum_HTF The ColorJMomentum indicator with the timeframe selection option available in the input parameters.
ColorJLaguerre_HTF The ColorJLaguerre indicator with the timeframe selection option available in the input parameters.
ColorZerolagX10MA This variant of the Moving Average indicator is calculated based on five moving averages.

2015.07.29

Bestsellers in the Market:

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10. Fixe

799.00

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both with

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

88.00

The Expert Advisor adapts to any symbol with any spread. This is not a scalper and not arbitration. The algorithm uses averaging positions. Proven to work on real account (see screenshots). The robot supports simultaneous work with any number of characters. Good for rebate. Use it on M15. For more information and recommendations, see below. The EA each tick calculates the direction and amount and, on this basis, opening and closing positions. Stop loss is the option "Regenerate after DD,%" - res

499.00

Alex Profis by Aliaksandr Krauchenia

99.00

Alex Profis is a fully automated Expert Advisor for Forex trading. The EA uses the strategy based on price levels' breakout. The main rule of the EA is to preserve and increase the account balance without large risks. Therefore, the EA is in the market for mere minutes, sometimes seconds per day. The best results are achieved on GBP/USD, EUR/USD, USD/JPY. The EA works on H1. The product requires a low-spread broker with accurate order execution. Real account monitoring: https://www.mql5.com/en/u

2015.07.29

The most downloaded free products:

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.

Signal Buy and Sell MT4 by Vasilii Apostolidi

FREE

The indicator shows buy and sell signals. Timeframe - any, currency pair - any. Parameters: alertsMessage - enable/disable the message window. alertsSound - enable/disable sound. Arrow Type - select arrow type. There are three simple ways to filter the indicator signals: Compare direction with the indicator from the older timeframe. Use standard MACD diagram. Use Parabolic indicator. Do not forget about money management and stop loss.

XOATRHIST by Ainur Sharipov

FREE

This is one of my first indicators. Slightly improved. The indicator is based on point and figure chart, but their period is equal to ATR indicator values. Parameters: ATRPeriod - ATR period for calculation of steps. XOPips - manual pararmetr, ATR ignoring. Note: The indicator uses closes price, thus it is recommended to consider completed bars. There is a more visual, with the display of lines on the chart and alerts, paid version of XOatrline

Power of Currencies by Vasilii Apostolidi

FREE

Power of Currencies analyzes the strength of currencies allowing you to enter the market at the beginning of a trend. The product enriches your trading system and serves as a filter when making decisions to buy or sell. The panel of the analyzer can be easily moved. Parameters: SORT TYPE - sort order. Font Name - name of the font. Font Size - size of the font. Font Interval - line spacing. Progress Bar Width - width of the progress bar. Text Color - color of the text. Back Color - color of the

Currency Strenght by Kourosh Hossein Davallou

FREE

When trading Forex, we trade a pair of currencies at time. For example EUR/USD. If we are long on the EUR/USD it means that we expect the EUR to gain in strength relative to the USD. If we are short on the EUR/USD it means that we expect the EUR to weaken relative to the USD. You should be all familiar with this concept. The key thing about pairs though is that they just indicate the strength of one currency relative to another. If we see the EUR/USD going up, is it because the EUR is strength

2015.07.29

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 254 new comments
Elite indicators :) 20 new comments
Comparison of Moving Average (and any other indicators) and error 13 new comments

2015.07.29

There are more than 71,610 topics available on forum

2015.07.29

18 new topics on forum:

and 15 more...

2015.07.29

New publications in CodeBase

ColorZerolagMomentumOSMATrend_x10 The ColorZerolagMomentumOSMATrend_x10 indicator shows the ColorZerolagMomentumOSMA oscillator direction from ten different timeframes.
MultiColorZerolagMomentumOSMATrend_x10 The MultiColorZerolagMomentumOSMATrend_x10 indicator shows information on current trends using the ColorZerolagMomentumOSMA indicator direction from ten different timeframes.
Exp_ColorZerolagMomentumOSMA The Exp_ColorZerolagMomentumOSMA Expert Advisor is based on the ColorZerolagMomentumOSMA histogram's change of direction.
FractalsNoRedraw Bill Williams' fractals indicator based on the built-in Fractals indicator. The distinctive feature of this indicator is that it doesn't repaint.
CandleSizes Indicator shows the size of one of the three candlestick elements: upper shadows, lower shadows or bodies. It displays the current candlestick value and the daily average value for a certain element.
ColorZerolagMomentumOSMACandle The ColorZerolagMomentumOSMA indicator implemented as a sequence of candlesticks.
ColorZerolagMomentumOSMA_HTF The ColorZerolagMomentumOSMA indicator with the timeframe selection option available in the input parameters.
ColorZerolagMomentum_HTF The ColorZerolagMomentum indicator with the timeframe selection option available in the input parameters.
DailySize Indicator of daily price movement range. Shows the history of daily price fluctuations.
ColorSTLM_HTF The ColorSTLM indicator with the timeframe selection option available in the input parameters.
PriceHistogram OnClick Event This indicator shows four price histograms when a chart click event is fired.

2015.07.29

There are more than 4,770 codes published in Codebase

2015.07.28

Bestsellers in the Market:

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10. Fixe

799.00

SCRINEO Screener Lite by Peter Murin

10.00

With the help of the Screener indicator you can manage to follow even from the lowest timeframes several markets simultaneously. Screener evaluates a structure of a market and combines it appropriately with divergences and break patterns. Those are the situations out of which strong and long trends frequently develop. Take advantage of this excellent opportunity for entering the position and grasp the trend from the very beginning. Advantages Easy following of several markets and low timeframes

Brazil System by Ramil Minniakhmetov

50.00

This trading system does not use any indicators. The EA starts operation opening two differently directed orders. After one of them is closed by Take Profit, two differently directed orders are opened again and their lot is multiplied by Lot Mulitplier. This process lasts until the number of orders reaches the value of Max. Locked Orders. When it does, the EA stops opening locking orders. It will be opening orders in the direction of the available series with the Grid Step value used as a step b

ABlackBoxSelfOptEA by Olivier Nomblot

999.00

A Breakthrough! Using the logic behind the Classic A Black Box EA, a total self-optimizing , automatic and adaptive version has been developed. The optimizing feature is lightning fast giving you a clear indication of expected pips with current parameters right on your screen. Clearly made for those who want more trading on lower timeframes . This EA is designed for use on all major pairs. It is best to be used on three timeframes or more. Higher timeframes catch trends and lower timeframes scal

PipFinite Breakout Analyzer by Karlo Wilson Vendiola

88.00

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems Analyzes statistics of breakout sign

2015.07.28

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 223 new comments
Multi Timeframe Indicators 13 new comments
Coding help 13 new comments

2015.07.28

Most downloaded source codes this month

LacusTstopandBE This Expert Advisor places Stop Loss and Take Profit for Buy, Sell, Buy Limit, Buy Stop, Sell Limit and Sell Stop orders.
Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.
Angry Bird (Scalping) Expert Advisor with the system is very sensitive to movement.

2015.07.28

Most read articles this month

Identifying Trade Setups by Support, Resistance and Price Action

This article shows how price action and the monitoring of support and resistance levels can be used for well-timed market entry. It discusses a trading system that effectively combines the two for the determination of trade setups. Corresponding MQL4 code is explained that can be utilized in the EAs based on these trading concepts.

Why Virtual Hosting On The MetaTrader 4 And MetaTrader 5 Is Better Than Usual VPS

The Virtual Hosting Cloud network was developed specially for MetaTrader 4 and MetaTrader 5 and has all the advantages of a native solution. Get the benefit of our free 24 hours offer - test out a virtual server right now.

2015.07.28

19 new topics on forum:

and 16 more...

2015.07.28

New publications in CodeBase

ColorZerolagMomentumOSMA Smoothed ColorZerolagMomentum indicator rate of change represented as a colored histogram.
ClockAnalog 24-hour analog GMT(UTC) market clock displaying in background. The clock displays the Greenwich Mean Time and shows the status of all main stock exchanges according to their schedule.
Well Martin Well Martin EA is based on two indicators: Bollinger Bands and ADX.
ColorDM_361_HTF The ColorDM_361 indicator with the timeframe selection option available in the input parameters.
CGOscillator_HTF The CGOscillator indicator with the timeframe selection option available in the input parameters.
ColorZerolagMomentum This variant of Momentum oscillator is calculated based on five Momentum indicators.
MomentumCloud_HTF The MomentumCloud indicator with the timeframe selection option available in the input parameters.
LotLine The script shows the trade volume in lots required to move the position to a desired level.
ColorZerolagRSIOSMACandle The ColorZerolagRSIOSMA indicator implemented as a sequence of candlesticks.
ColorZerolagRSIOSMA_HTF The ColorZerolagRSIOSMA indicator with the timeframe selection option available in the input parameters.

2015.07.27

Bestsellers in the Market:

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

88.00

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10. Fixe

799.00

The Expert Advisor adapts to any symbol with any spread. This is not a scalper and not arbitration. The algorithm uses averaging positions. Proven to work on real account (see screenshots). The robot supports simultaneous work with any number of characters. Good for rebate. Use it on M15. For more information and recommendations, see below. The EA each tick calculates the direction and amount and, on this basis, opening and closing positions. Stop loss is the option "Regenerate after DD,%" - res

499.00

PipFinite Exit Scope by Karlo Wilson Vendiola

88.00

Did You Have A Profitable Trade But Suddenly Reversed? Exiting a trade is equally important as entering! Exit Scope helps maximize your current trade profit and avoid turning winning trades to losers. Attention Exit Signals are NOT to be used in entering a trade! Exit means closing your trades to avoid correction/reversal which can wipe out existing profit or haunt break-even orders. Please watch presentation (Click Here) Features Generates instant exit signals based on price action, volatili

Loss Recovery Trader by Michalis Phylactou

150.00

This robot attempts to recover losing trades. Place a trade and if it moves in the wrong direction, the Zone Recovery algorithm initiates. An alternating series of Buy and Sell trades at two specific levels will be taking place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades are closed with a combined profit or approximate breakeven. To use 1) Place the EA on a chart and select how the first trade will open (Manual/Via EA strategy/

2015.07.27

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 199 new comments
Activations of a product purchased from the marketplace were taken away 157 new comments
Elite indicators :) 21 new comments

2015.07.27

There are more than 71,550 topics available on forum

2015.07.27

19 new topics on forum:

and 16 more...

2015.07.27

New publications in CodeBase

Peak Lines by Price Histogram This indicator shows the support/resistance lines using price histogram.
News Hour Trade Expert Advisor I have developed for News Time Trading (set time and leave it).

2015.07.26

Bestsellers in the Market:

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10. Fixe

799.00

The Expert Advisor adapts to any symbol with any spread. This is not a scalper and not arbitration. The algorithm uses averaging positions. Proven to work on real account (see screenshots). The robot supports simultaneous work with any number of characters. Good for rebate. Use it on M15. For more information and recommendations, see below. The EA each tick calculates the direction and amount and, on this basis, opening and closing positions. Stop loss is the option "Regenerate after DD,%" - res

499.00

COMPAS STATIC by Leonid Popkov

60.00

EA Operation: The EA generates a signal for opening a position with fixed stop orders (TakeProfit/StopLoss). After the position is closed by stops, the EA waits for a new signal. Recommended period of a symbol chart is М15. Number of entry signals is an important issue, so pay attention to signal settings when working with the EA. COMPAS STATIC has a system of automated calculation of position volumes as percentage of the free margin. It can also work with a fixed lot. It works almost with any b

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both with

Loss Recovery Trader by Michalis Phylactou

150.00

This robot attempts to recover losing trades. Place a trade and if it moves in the wrong direction, the Zone Recovery algorithm initiates. An alternating series of Buy and Sell trades at two specific levels will be taking place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades are closed with a combined profit or approximate breakeven. To use 1) Place the EA on a chart and select how the first trade will open (Manual/Via EA strategy/

2015.07.26

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 127 new comments
Option levels 26 new comments
need help with loop 13 new comments

2015.07.26

Most downloaded source codes this week

LacusTstopandBE This Expert Advisor places Stop Loss and Take Profit for Buy, Sell, Buy Limit, Buy Stop, Sell Limit and Sell Stop orders.
Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.
Parallel Strategies Example This is a simple multistrategies EA based on many strategies that work in parallel mode.

2015.07.26

Most read articles this week

Identifying Trade Setups by Support, Resistance and Price Action

This article shows how price action and the monitoring of support and resistance levels can be used for well-timed market entry. It discusses a trading system that effectively combines the two for the determination of trade setups. Corresponding MQL4 code is explained that can be utilized in the EAs based on these trading concepts.

Why Virtual Hosting On The MetaTrader 4 And MetaTrader 5 Is Better Than Usual VPS

The Virtual Hosting Cloud network was developed specially for MetaTrader 4 and MetaTrader 5 and has all the advantages of a native solution. Get the benefit of our free 24 hours offer - test out a virtual server right now.

2015.07.26

14 new topics on forum:

and 11 more...

2015.07.25

The most downloaded free products:

Signal Buy and Sell MT4 by Vasilii Apostolidi

FREE

The indicator shows buy and sell signals. Timeframe - any, currency pair - any. Parameters: alertsMessage - enable/disable the message window. alertsSound - enable/disable sound. Arrow Type - select arrow type. There are three simple ways to filter the indicator signals: Compare direction with the indicator from the older timeframe. Use standard MACD diagram. Use Parabolic indicator. Do not forget about money management and stop loss.

Power of Currencies by Vasilii Apostolidi

FREE

Power of Currencies analyzes the strength of currencies allowing you to enter the market at the beginning of a trend. The product enriches your trading system and serves as a filter when making decisions to buy or sell. The panel of the analyzer can be easily moved. Parameters: SORT TYPE - sort order. Font Name - name of the font. Font Size - size of the font. Font Interval - line spacing. Progress Bar Width - width of the progress bar. Text Color - color of the text. Back Color - color of the

XOATRHIST by Ainur Sharipov

FREE

This is one of my first indicators. Slightly improved. The indicator is based on point and figure chart, but their period is equal to ATR indicator values. Parameters: ATRPeriod - ATR period for calculation of steps. XOPips - manual pararmetr, ATR ignoring. Note: The indicator uses closes price, thus it is recommended to consider completed bars. There is a more visual, with the display of lines on the chart and alerts, paid version of XOatrline

Currency Strenght by Kourosh Hossein Davallou

FREE

When trading Forex, we trade a pair of currencies at time. For example EUR/USD. If we are long on the EUR/USD it means that we expect the EUR to gain in strength relative to the USD. If we are short on the EUR/USD it means that we expect the EUR to weaken relative to the USD. You should be all familiar with this concept. The key thing about pairs though is that they just indicate the strength of one currency relative to another. If we see the EUR/USD going up, is it because the EUR is strength

YF PendingStop by Yun-Feng Hsieh

FREE

YF-PendingStop is a very useful utility when we need to open a lot of stop orders. Series of pending stop-orders are triggered while market trend is clear, and keep on opening positions toward right trading direction. There are three pending ways: DoubleSided: Both BuyStop and SellStop orders, two direction BuyStop: Only bull direction SellStop: Only bear direction Information about parameters: Lots: Adjust the order size you need. StopLoss: Stop loss in pips. TakeProfit: Take profit in pips. P

2015.07.25

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 148 new comments
Interesting and Humour 14 new comments
Coding help 14 new comments

2015.07.25

12 new topics on forum:

and 9 more...

2015.07.25

Bestsellers in the Market:

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10. Fixe

799.00

Manual Backtester by Laszlo Tormasi

35.00

The demo version of the EA limited to 5 opened trades. Minimum system requirements: MetaTrader 4 build 660 or higher Recommended: Windows 7 Mouse with double click button This Expert Advisor allows you to test trading strategies and indicators manually in the Strategy Tester. It is a very easy-to-use utility. Please consider that the EA executes the requests at the next coming tick! Although it is working on live charts, I recommend that you use it in the Strategy Tester! Check the video!

Directed Accumulation of Volume for Scalping by Aleksey Vasilev

499.00

Directed Accumulation of Volume for Scalping shows direction a trend is predisposed to. Wait for divergence of the indicator and a price to enter the market (divergence means a situation when the price is growing or is not falling, and the indicator is falling). The screenshot below demonstrates an example of SELL entry. Do quite opposite to enter a BUY position. The idea to develop such indicator came over me when I realized what really moves a price — greed and fear fortified by hope. Greed ma

Super Scalper by Besarion Turmanauli

500.00

Starting from version v4.82 Super Scalper introduces a brand new completely upgraded trade logic which has been backtested and forward tested on live account, in order to use it, please update your copy of Super Scalper to the latest version. Recommendations for v4.82+: Please, launch the EA on EURUSD M15. DO NOT attach it to multiple charts, EA will analyяe and trade necessary pairs from one single chart of your choice. However, only the current chart will be used in strategy tester (GBPCAD, GB

Blue Butterfly by Ramil Minniakhmetov

15.00

Blue Butterfly is an implementation of Gartley Butterfly pattern. This indicator predicts price reversals well enough allowing traders to catch large movements (up to 1 000 pips) with small risks. Indicators for efficient traders cost about $300 and higher, while Blue Butterfly can be purchased at a more attractive price. The red butterfly indicates entering sells given that the price is closed below the rectangle (the so-called "reversal zone"). The blue butterfly indicates entering buys given

2015.07.24

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2015.07.24

Bestsellers in the Market:

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10. Fixe

799.00

The Expert Advisor adapts to any symbol with any spread. This is not a scalper and not arbitration. The algorithm uses averaging positions. Proven to work on real account (see screenshots). The robot supports simultaneous work with any number of characters. Good for rebate. Use it on M15. For more information and recommendations, see below. The EA each tick calculates the direction and amount and, on this basis, opening and closing positions. Stop loss is the option "Regenerate after DD,%" - res

499.00