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

2013.10.17

The most popular forum topics:

Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 77 new comments
Interesting and Humour 68 new comments
Coding help 43 new comments

2013.10.16

22 new topics on forum:

and 19 more...

2013.10.16

Bestsellers in the Market:

UniversalTrader by Remi Passanello

299.00

Universal Trader (UT) This EA is part of the RPTrade Pro Solutions systems. UT is a trading robot using a trend and oscillator indicators. It's designed to be used by anyone, even the absolute beginner in trading can use it. Designed for every TimeFrames Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Works with any pairs How does it work UT is a trend follower. It's using A build in Supertrend Indicator to find trades entries and Parabolic SAR to S

Ilan by Andrey Khatimlianskii

199.00

Ilan for MetaTrader 5 Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible. This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5. Expert Advisor Settings The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools: Unique MagicNumber for identification of trades; Trade direction option ( Trade direction ): buy onl

Tape indicator by BingBing Wang

29.00

This indicator is based on MACD oscillator. The difference between the classic MACD and the Tape MACD is the drawing only one line. When it turns green, this means that the currency pair will rise; and when it turns red, it means that the currency pair will fall. How to trade with tape MACD: Buy: wait until the indicator color turns to green. Sell: wait until the indicator color turns to red.

AIIV EURUSD Active Index Inflection Values EURUSD by Dmitriy Zabudskiy

10.00

AIIV EURUSD - Active Index Inflection Values EURUSD The Indicator Shows: The intensity and the direction of the movement of USD. The intensity and the direction of the movement of EUR. The inflection value of EURUSD. This indicator allows determining a state of inflection on the market with a delay of one-two candlesticks and a 60% precision (precision depends on the chart timeframe - the higher the timeframe, the more precise is the forecast). AIIV is a series of indicators of inflection values

Morning Evening Star by Alexey Topounov

40.00

The indicator displays the "Morning star" and "Evening star" patterns on a chart. The Evening star is displayed in red or rose. The Morning star is displayed in blue or light blue. Input Parameters: Max Bars – number of bars calculated on the chart. Make Signal Alert – use alerts. Send Push Notification - send notification to a mobile terminal Type of rules pattern – type of the model of pattern determination (Hard – with the control of length of shadows of the second bar). If Soft is selected

2013.10.15

24 new topics on forum:

and 21 more...

2013.10.15

The most popular forum topics:

Interesting and Humour 86 new comments
ECN, order execution, aggregators, liquidity. 62 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 49 new comments

2013.10.15

Most downloaded source codes this month

The class of a module of trade signals, on "inner bar breakthrough" in trend direction The strategy is following: when outer (outside) bar appears, it checks the fact of the inner bar breakthrough in trend direction and generates a signal to open position. A module of trade signals is compatible with the new version of MQL5 Wizard.
MQL5 Wizard - Trade Signals Based on Bullish/Bearish Meeting Lines + CCI Trade signals based on "Bullish/Bearish Meeting Lines" candlestick pattern, confirmed by Commodity Channel Index (CCI) indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
CIniFile class This class provides methods for working with Windows *.ini files.

2013.10.15

Most read articles this month

How to Make Money from MetaTrader AppStore and Trading Signals Services If You Are Not a Seller or a Provider

It is possible to start making money on MQL5.com right now without having to be a seller of Market applications or a profitable signals provider. Select the products you like and post links to them on various web resources. Attract potential customers and the profit is yours!

MetaTrader AppStore Results for Q3 2013

Another quarter of the year has passed and we have decided to sum up its results for MetaTrader AppStore - the largest store of trading robots and technical indicators for MetaTrader platforms. More than 500 developers have placed over 1 200 products in the Market by the end of the reported quarter.

Creating Neural Network EAs Using MQL5 Wizard and Hlaiman EA Generator

The article describes a method of automated creation of neural network EAs using MQL5 Wizard and Hlaiman EA Generator. It shows you how you can easily start working with neural networks, without having to learn the entire body of theoretical information and writing your own code.

2013.10.15

Published article "MQL5 Cookbook: Saving Optimization Results of an Expert Advisor Based on Specified Criteria".

We continue the series of articles on MQL5 programming. This time we will see how to get results of each optimization pass right during the Expert Advisor parameter optimization. The implementation will be done so as to ensure that if the conditions specified in the external parameters are met, the corresponding pass values will be written to a file. In addition to test values, we will also save the parameters that brought about such results.

2013.10.15

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.

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

2013.10.15

New publications in CodeBase

The amplitude of price movement statistics - English version English version of AllAmplitude.mq4 The original script was posted here: http://codebase.mql4.com/3852 . The output file will be stored in the MetaTrader 4\experts\files\ directory. The file name contains following information: "Symbol_Period---da
Milestone Trade 5min charts mostly EURUSD. Added news filter from Forex Factory and stops. Loads of versions inside. Good luck

2013.10.14

There are more than 56,310 topics available on forum

2013.10.14

24 new topics on forum:

and 21 more...

2013.10.14

Bestsellers in the Market:

Swings with MACD Divergence Indicator by ggmmxx

15.00

Indicator to calculate swings (also called fractal or pivots) with a variable number of bars before and after relative highs and lows. Also, it calculates divergences at those swings based on MACD. This indicator has 3 parameters: NBars - number of bars what have to be lower (or higher) than a swing bar. FastEMA - fast EMA for MACD. SlowEMA - slow EMA for MACD. The swings are shown with green and red arrows, and the divergences are shown with magenta dots. A swing with divergence indicates a pot

Smart Neurons Pro by Aliaksandr Yemialyanau

35.00

The Smart Neurons Pro Expert Advisor is based on the neural network approach. It can trade on any currency pair. Working efficiency of the network is achieved through the unique neuron transfer function and a special algorithm for input data preparation employed. Stop Loss value is calculated automatically, you only need to set the acceptable trade risk expressed as percentage. The screenshots demonstrate testing results for EURJPY on H1. The optimization period: 10 years (2002.06.22 - 2012.06.2

SurfTheWave EA by BPASoftware Thai Co. Ltd

50.00

This Expert Advisor uses a basic strategy (buy/sell when prices are upper/lower than a moving average). The trading robot starts with a small volume increasing it until the end of the wave, so be careful if you want to use it on real account . Since EA uses a martingale, an extended trend can blow up your account. Better currencies for the moment are published at this address: Genesissurfthewave and updated every month. For security reasons, it is better to withdraw the generated profits regular

ROMAN5 ParabolicSAR TrailingStop by Anton Nel

10.00

ROMAN5 Parabolic SAR TrailingStop includes BreakEven facility. TrailingStop automatically moves the Stop Loss with the Parabolic SAR level. You can place ROMAN5 Parabolic SAR TrailingStop in any chart. It comes with an alert that will sound whenever a new signal appears. It also features an email facility. Your email address and SMTP Server settings should be specified in the settings window of the "Mailbox" tab in your MetaTrader 5. Version 1.1 Able to turn on or off the Buy/Sell entry (UseBuyS

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. Use

2013.10.13

The most popular forum topics:

Interesting and Humour 97 new comments
New Members introduction 35 new comments
learn how to earn money villagers [Episode 2] ! 31 new comments

2013.10.13

Most downloaded source codes this week

Awesome Oscillator Divergence This indicator will plot divergence lines on the Awesome_Oscillator indicator and will give buy and sell signal by displaying arrows.
Renko Line Break vs RSI EA An Expert Advisor based on two indicators - Renko Line Break and RSI. It trades stop orders.
ElliottWaveMaker 3.0 ElliottWaveMaker 3.0 is Tool for Semi-Automatic Analysis of Elliott Waves and Andrew's Pitchforks, a logical extension of version 2.0 known as AutoElliottWaveMaker. In version 3.0 minor errors are corrected, the ability to draw Andrew's Pitchforks and a few additional functions are added.

2013.10.13

Most read articles this week

MetaTrader AppStore Results for Q3 2013

Another quarter of the year has passed and we have decided to sum up its results for MetaTrader AppStore - the largest store of trading robots and technical indicators for MetaTrader platforms. More than 500 developers have placed over 1 200 products in the Market by the end of the reported quarter.

How to Make Money from MetaTrader AppStore and Trading Signals Services If You Are Not a Seller or a Provider

It is possible to start making money on MQL5.com right now without having to be a seller of Market applications or a profitable signals provider. Select the products you like and post links to them on various web resources. Attract potential customers and the profit is yours!

MQL5 Wizard: How to Teach an EA to Open Pending Orders at Any Price

The article describes a method of modifying the code of a trading signal module for the implementation of the functionality allowing you to set pending orders at any distance from the current price: it may be the Close or Open price of the previous bar or the value of the moving average. There are plenty of options. Important is that you can set any opening price for a pending order. This article will be useful to traders who trade with pending orders.

2013.10.13

12 new topics on forum:

and 9 more...

2013.10.13

Bestsellers in the Market:

Color Candles Identify the Major Trend by Ziheng Zhuang

30.00

The indicator includes two parts. Part I: Color Candles Show the Major Trend Color candles is to identify the market state by color candlesticks. As shown in the screenshots, if the color is Aqua, the market is in a state when you should place long orders or exit short orders. If the color is Tomato, it is the time to place short orders or exit long orders. If the color is changing, it is better to wait for its completion (until the current bar is closed). Part II: Draw bands The inner bands is

Trend check by Vladimir Gotsulenko

30.00

This indicator gives full information about the market state: strength and direction of a trend, volatility and price movement channel. It has two graphical components: Histogram: the size and the color of a bar show the strength and direction of a trend. Positive values show an ascending trend and negative values - a descending trend. Green bar is for up motion, red one - for down motion, and the yellow one means no trend. Signal line is the value of the histogram (you can enable divergence sea

ParabolicSAR R2 by Olegs Kucerenko

20.00

Parabolic SAR indicator is used on the markets with changing trend directions for calculating the most efficient market entry/exit points. Its main objective is stop loss level calculation. A stop loss is calculated for each candle using the previous bar data. One of the indicator advantages is that a stop level can be defined for the next bar before it is opened. In general, trading method involving Parabolic SAR indicator is quite simple. If the price level exceeds the indicator, open long pos

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

EasyTrading Timing by Camille Huot

49.00

This is the Famous Timing Indicator You can now use the most famous Timing indicator on the planet. Millionaire Mostafa Belkhayate earned his reputation by using this specific indicator to validate the entry signals supplied by his also famous Center of Gravity indicator on the Forex market. I spent hours, days, weeks to decrypt the formula and now it is finally available to you. New and Unique for MetaTrader 5 Timing will give you perfect validations for your entry signals. It is the first tim

2013.10.12

15 new topics on forum:

and 12 more...

2013.10.11

The most popular forum topics:

Interesting and Humour 154 new comments
Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 63 new comments
New Members introduction 47 new comments

2013.10.11

There are more than 56,260 topics available on forum

2013.10.11

27 new topics on forum:

and 24 more...

2013.10.11

Bestsellers in the Market:

Tick Scalper by Igor Slepnev

100.00

El Asesor Experto Tick Scalper utiliza la estrategia del scalping. Sólo una posición puede estar abierta simultáneamente en cada instrumento en el que ha sido iniciado el Asesor Experto. El Asesor Experto utiliza el nivel fijo de Stop Loss y Take Profit. El usuario puede establecer el tiempo de trading en horas y los días para tradear.

Rocket by Dua Yong Rew

98.00

About EA This EA is designed to take advantage of price retracement. It enters a trade with minimum volume size when the price is exhausted and uses averaging with increase of volume when the market goes deeper into oversold/overbought zones. There is no stop loss. Positions are only closed in profit. To better yield with this EA, it is recommended to trade multi-currency pairs. Input Parameters Trade Direction - trading in a single or both direction; Entry Period - entry logic; Spacing - di

UniversalTrader by Remi Passanello

299.00

Universal Trader (UT) This EA is part of the RPTrade Pro Solutions systems. UT is a trading robot using a trend and oscillator indicators. It's designed to be used by anyone, even the absolute beginner in trading can use it. Designed for every TimeFrames Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Works with any pairs How does it work UT is a trend follower. It's using A build in Supertrend Indicator to find trades entries and Parabolic SAR to S

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

EasyTrading Timing by Camille Huot

49.00

This is the Famous Timing Indicator You can now use the most famous Timing indicator on the planet. Millionaire Mostafa Belkhayate earned his reputation by using this specific indicator to validate the entry signals supplied by his also famous Center of Gravity indicator on the Forex market. I spent hours, days, weeks to decrypt the formula and now it is finally available to you. New and Unique for MetaTrader 5 Timing will give you perfect validations for your entry signals. It is the first tim

2013.10.11

New publications in CodeBase

IREA IREA is an automated trade algorithm based on the idea of that an unusual impact in price changes will be adjusted by an inverse movement.
Target indicator You confuse where the next target? Use this indicator - it will show you where the next target.

2013.10.10

22 new topics on forum:

and 19 more...

2013.10.10

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. Use

Momentum Pinball by Sergey Gritsay

55.00

Momentum Pinball indicator helps to determine a day for trading. The trading strategy depends on values of Momentum Pinball indicator (at the moment, when daily bar is completed). Usage: If Momentum Pinball>70, it is recommended to open short positions only; If Momentum Pinball<30, it is recommended to open long positions only; Momentum Pinball indicator is based on Momentum (the difference between the today's and yesterday' close price). It uses the Relative Strength Index (RSI) indicator (Ex

PZ Harmonacci Patterns MT5 by PZ TRADING SLU

149.00

Trade smarter, not harder: Empower your trading with Harmonacci Patterns This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products | Get Help ] It detects 19 differen

MTF SuperTrend by Gabor Torma

12.99

Multi-TimeFrame version of the Super Trend (SuperTrend) indicator with filling function based on MQL4 code . Input parameters: TimeFrame - used time frame: Can be any of ENUM_TIMEFRAMES values. TimeCorrection - use time correction: Can be true or false (see the first screenshot with true input and a second is false). Period - period to calculate the index: Can be larger than 0. Multiplier - value of multiplier parameter: Can be larger than 0. ShowFilling : Can be true or false. You can use sev

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

2013.10.09

There are more than 56,210 topics available on forum

2013.10.09

25 new topics on forum:

and 22 more...

2013.10.09

The most popular forum topics:

Interesting and Humour 129 new comments
Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 32 new comments
New Members introduction 24 new comments

2013.10.08

The most popular forum topics:

Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 98 new comments
Interesting and Humour 93 new comments
New Members introduction 35 new comments

2013.10.08

Most downloaded source codes this month

Demo_BitmapOffset (OBJPROP_XOFFSET and OBJPROP_YOFFSET) If you need to show just a part of the image at the moment and hide other, you can use the moving window by specifying the visible area of the image.
MQL5 Wizard - Trade Signals Based on Bullish/Bearish Meeting Lines + Stochastic Trade signals based on "Bullish/Bearish Meeting Lines" candlestick pattern, confirmed by Stochastic indicator is considered. The code of the Expert Advisor based on this strategy can be generated automatically using the MQL5 Wizard.
XVSI The indicator that calculates the volume corresponding to MA per second (or period).

2013.10.08

Most read articles this month

How to Make Money from MetaTrader AppStore and Trading Signals Services If You Are Not a Seller or a Provider

It is possible to start making money on MQL5.com right now without having to be a seller of Market applications or a profitable signals provider. Select the products you like and post links to them on various web resources. Attract potential customers and the profit is yours!

MetaTrader AppStore Results for Q3 2013

Another quarter of the year has passed and we have decided to sum up its results for MetaTrader AppStore - the largest store of trading robots and technical indicators for MetaTrader platforms. More than 500 developers have placed over 1 200 products in the Market by the end of the reported quarter.

How to publish a product on the Market

Start offering your trading applications to millions of MetaTrader users from around the world though the Market. The service provides a ready-made infrastructure: access to a large audience, licensing solutions, trial versions, publication of updates and acceptance of payments. You only need to complete a quick seller registration procedure and publish your product. Start generating additional profits from your programs using the ready-made technical base provided by the service.

2013.10.08

23 new topics on forum:

and 20 more...

2013.10.08

Bestsellers in the Market:

Ilan by Andrey Khatimlianskii

199.00

Ilan for MetaTrader 5 Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible. This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5. Expert Advisor Settings The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools: Unique MagicNumber for identification of trades; Trade direction option ( Trade direction ): buy onl

Swings with MACD Divergence Indicator by ggmmxx

15.00

Indicator to calculate swings (also called fractal or pivots) with a variable number of bars before and after relative highs and lows. Also, it calculates divergences at those swings based on MACD. This indicator has 3 parameters: NBars - number of bars what have to be lower (or higher) than a swing bar. FastEMA - fast EMA for MACD. SlowEMA - slow EMA for MACD. The swings are shown with green and red arrows, and the divergences are shown with magenta dots. A swing with divergence indicates a pot

Buy and sell signals by BingBing Wang

29.00

Semi-automated Forex strategy for the MetaTrader 5 platform. It works best during the London and New York trading sessions on M30 or H4 chart. Red arrows indicate points for selling and green arrow - points for buying. Red and green lines show where to put Stop losses. Profit target is 20-100 points only.

UniversalTrader by Remi Passanello

299.00

Universal Trader (UT) This EA is part of the RPTrade Pro Solutions systems. UT is a trading robot using a trend and oscillator indicators. It's designed to be used by anyone, even the absolute beginner in trading can use it. Designed for every TimeFrames Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Works with any pairs How does it work UT is a trend follower. It's using A build in Supertrend Indicator to find trades entries and Parabolic SAR to S

Virtual Trailing Stop by Andrey Barinov

10.00

Virtual Multi-currency Trailing Stop. It works exactly as the "regular" Trailing Stop, but it does not send trading orders to change the existing Stop Loss. It only changes Virtual Stop Loss level when the current price reaches Trailing Stop Start pips of profit, securing/"locking" more profit as the price moves in favor of a trade. When the price turns back and becomes equal to the Virtual Stop Loss level, the position is closed at the market price. It allows flexible positions filtering and pr

2013.10.08

There are more than 490 articles published on site

2013.10.08

Published article "Lite_EXPERT2.mqh: Functional Kit for Developers of Expert Advisors".

This article continues the series of articles "Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization". It familiarizes the readers with a more universal function library of the Lite_EXPERT2.mqh file.

2013.10.07

17 new topics on forum:

and 14 more...

2013.10.07

New publications in CodeBase

Awesome Oscillator Divergence This indicator will plot divergence lines on the Awesome_Oscillator indicator and will give buy and sell signal by displaying arrows.
Open chart With 3 settable parameters (currency pair, timeframe, and template) opens a new chart on your screen at the initalization period of the script.

2013.10.06

There are more than 56,140 topics available on forum

2013.10.06

17 new topics on forum:

and 14 more...

2013.10.06

The most popular forum topics:

The market is a controlled dynamic system. 79 new comments
Interesting and Humour 49 new comments
New Members introduction 28 new comments

2013.10.06

Most downloaded source codes this week

Renko Line Break vs RSI EA An Expert Advisor based on two indicators - Renko Line Break and RSI. It trades stop orders.
Script for Calculation of Candle Statistics The script calculates candles statistics (the minimal, maximal and average values of candles body and shadows) of the current chart.
NextBarColor The indicator "predicts" the color of the next bar with the probability specified in the settings. It is useful for the evaluation of strategies aimed at such a prediction when choosing trading instruments / timeframes for strategies. Caution: The indicator "looks into the future", so do not apply it in real life or in the strategy tester!

2013.10.06

Most read articles this week

How to Make Money from MetaTrader AppStore and Trading Signals Services If You Are Not a Seller or a Provider

It is possible to start making money on MQL5.com right now without having to be a seller of Market applications or a profitable signals provider. Select the products you like and post links to them on various web resources. Attract potential customers and the profit is yours!

MetaTrader AppStore Results for Q3 2013

Another quarter of the year has passed and we have decided to sum up its results for MetaTrader AppStore - the largest store of trading robots and technical indicators for MetaTrader platforms. More than 500 developers have placed over 1 200 products in the Market by the end of the reported quarter.

MQL5 Wizard: How to Teach an EA to Open Pending Orders at Any Price

The article describes a method of modifying the code of a trading signal module for the implementation of the functionality allowing you to set pending orders at any distance from the current price: it may be the Close or Open price of the previous bar or the value of the moving average. There are plenty of options. Important is that you can set any opening price for a pending order. This article will be useful to traders who trade with pending orders.

2013.10.06