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

2013.07.23

Published article "Money Management Revisited".

The article deals with some issues arising when traders apply various money management systems to Forex trading. Experimental data obtained from performing trading deals using different money management (MM) methods is also described.

2013.07.22

The most popular forum topics:

Structure rules. Learning how to structure programmes, exploring possibilities, errors, solutions, etc. 59 new comments
Errors, bugs, questions 41 new comments
Interesting and Humour 36 new comments

2013.07.22

18 new topics on forum:

and 15 more...

2013.07.22

Bestsellers in the Market:

Quantum frequency by Sergey Pavlov

850.00

Quantum frequency The indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable. How It Works It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" frequencie

Center of Gravity Indicator by Camille Huot

10.00

What is Center of Gravity? The Center of Gravity indicator allows you to get an instantly strong sentiment of where any market is going. It works with any kind of market: Forex, Stocks, Metals... The extreme ease of reading is the real power of this indicator. The basics behind Center of Gravity is a physics law: barycentre. When the market price deviates strongly from this centre of gravity, the probability is considered high that the market price will evolve back towards the centre of gravity.

Averager FULL by Vladislav Andruschenko

50.00

Exp-Averager is designed to Average your trades that have received a certain drawdown by opening averaging trades. The adviser can open additional positions on the trend and against the trend! Includes an average trailing stop for a series of positions! They are increasing and decreasing the lot. A popular strategy for bringing unprofitable positions to the average Price. MT4 version Full Description +DEMO +PDF How To Buy How To Install How to get Log Files How To Test

EAmicroMoney Bet by Yongbiao Zou

35.00

EAmicroMoney Bet Expert Advisor works on 1 currency pair - EURUSD. Lots are set up manually in the Lots parameter. Optimization of the Lots parameter makes this Expert Advisor powerful. It is based on filtered-MACD & CCI to trigger the BUY or SELL signals. Open positions are closed by Take Profit, Stop Loss or according to opposite signals. Maximum value of the Lots parameter is 0.09 and minimum value is 0.01. If you have enough money you can use 0.09. For more details please see the screensho

EAmicroMoney EURUSD or GBPUSD by Yongbiao Zou

28.00

The EAmicroMoney Expert Advisor works on EURUSD or GBPUSD. It has the following parameters: maximum step price, moving average period and moving average shift. It is bound to M1 timeframe. It uses a unique technology to identify small trends and make large volume deals. Default input parameters: StepPrice=0.00031, base_lots=0.01, moving average period=12, moving average shit=9. Nothing more to say, just look at the screenshots.

2013.07.22

New publications in CodeBase

JeromeClock The indicator displays the time in different time zones on a chart
XO The indicator without averaging of the data array, that is a Buy/Sell decision is made in one move.
Range Ratio An indicator for short term trading, it can be used as a signal for closing a position or as the filter to enter one.

2013.07.22

Published article "Another MQL5 OOP Class".

This article shows you how to build an Object-Oriented Expert Advisor from scratch, from conceiving a theoretical trading idea to programming a MQL5 EA that makes that idea real in the empirical world. Learning by doing is IMHO a solid approach to succeed, so I am showing a practical example in order for you to see how you can order your ideas to finally code your Forex robots. My goal is also to invite you to adhere the OO principles.

2013.07.22

Published article "Alert and Comment for External Indicators (Part Two)".

Since I published the article "Alert and Comment for External Indicators", I have been receiving requests and questions regarding the possibility of developing an external informer operating based on indicator lines. Having analyzed the questions, I have decided to continue with the subject. Getting data stored in indicator buffers turned out to be another area of interest to users.

2013.07.21

15 new topics on forum:

and 12 more...

2013.07.20

The most popular forum topics:

Interesting and Humour 52 new comments
New Members introduction 34 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 31 new comments

2013.07.20

There are more than 54,310 topics available on forum

2013.07.20

22 new topics on forum:

and 19 more...

2013.07.20

Bestsellers in the Market:

Ilan trailing by Denis Kolomensky

11.00

Ilan trailing for MetaTrader 5 Determines the direction of trading according to candlestick patterns. Settings: Initial volume. Lot increasing exponent. Density of averaging (step of bends opening). Maximum amount of averaging (the maximum number of bends). Take Profit in points. Selecting the volume accuracy (number of digits after a decimal point in the volume). Magic number of the Expert Advisor. Slippage. Trailing Stop. Maximum possible loss as a percentage of the deposit.

Tails by Dua Yong Rew

39.00

Tails is an indicator that predicts where the price will rebound and reach in a day candle. This indicator does not repaint and is to be used in time frames below D1. By default, the indicator will plot two support and two resistance lines. If needed, you can set the extended levels to "true" to show three support and three resistance lines. Input Parameters Extended_Levels - show extended levels in the chart; Clr_Support - color for the support lines; Clr_Resistance - color for the resistance

Actual Depth of Market Chart by Sergey Andreev

30.00

The professional tool of stock traders in now available on MetaTrader 5 . The Actual depth of market chart indicator visualizes the depth of market in the form of a histogram displayed on a chart, which refreshes in the real-time mode. Meet new updates according to user requests! Now Actual Depth of Market indicator displays the current ratio of volume of buy and sell requests (B/S ratio). It shows the share of volume of each type of requests in the entire flow of requests as well as the absolu

2013.07.20

New publications in CodeBase

WildersDMI A complex trend indicator that uses ADX for calculations
Stochastic_HTF A stochastic oscillator with an option for selecting a timeframe for calculations, which may differ from the timeframe on which the indicator is applied
IINWMARROWS A semaphore signal indicator that uses Moving Averages

2013.07.19

21 new topics on forum:

and 18 more...

2013.07.19

Published article "Alert and Comment for External Indicators. Multi-Currency Analysis Through External Scanning".

Alert for multi-currency and multiple time frame analysis of external indicators. The article deals with a method of getting event information in respect of events in external indicators, without having to attach indicators to a chart or open charts themselves. We will call it external scanning.

2013.07.18

The most popular forum topics:

New Members introduction 59 new comments
Interesting and Humour 59 new comments
Market patterns 27 new comments

2013.07.18

25 new topics on forum:

and 22 more...

2013.07.18

New publications in CodeBase

AMA_SLOPE The oscillator shows the rate of change of the AMA indicator
OnChart_RSI The RSI oscillator located directly on the chart
OnChart_Stochastic A stochastic oscillator located directly on the chart

2013.07.18

Bestsellers in the Market:

Actual Depth of Market Chart by Sergey Andreev

30.00

The professional tool of stock traders in now available on MetaTrader 5 . The Actual depth of market chart indicator visualizes the depth of market in the form of a histogram displayed on a chart, which refreshes in the real-time mode. Meet new updates according to user requests! Now Actual Depth of Market indicator displays the current ratio of volume of buy and sell requests (B/S ratio). It shows the share of volume of each type of requests in the entire flow of requests as well as the absolu

Center of Gravity Indicator by Camille Huot

10.00

What is Center of Gravity? The Center of Gravity indicator allows you to get an instantly strong sentiment of where any market is going. It works with any kind of market: Forex, Stocks, Metals... The extreme ease of reading is the real power of this indicator. The basics behind Center of Gravity is a physics law: barycentre. When the market price deviates strongly from this centre of gravity, the probability is considered high that the market price will evolve back towards the centre of gravity.

Elder Impulse System by Financial Trading Seminars Inc.

39.00

The Impulse System was first described in "Come into my Trading Room" book. It uses the direction of both the MACD-Histogram and an exponential moving average (EMA) of price to define an impulse. The rule is never to trade against the impulse. Its color code gives you several signals: When both the EMA and MACD-Histogram are rising, the Impulse system colors the bar color is green (no shorting permitted). When both the EMA and MACD-Histogram are falling, the Impulse system colors the bar color i

BotMAn by Anton Gorin

10.00

The Expert Advisor BotMAn uses Moving Average data and an adaptation block. The entry/exit points are located at the points of intersection of the moving averages. The direction is determined by the adaptive system of the Expert Advisor using values of the moving averages. Input Parameters First MA Period - period of the first moving average indicator; First MA Method - averaging method of the first indicator; Second MA Period - period of the second moving average indicator; Second MA Method - a

Gold Mine by St.Trader

49.00

A stable gold mine from developers who trade their own Expert Advisors on real accounts is here! We are introducing Gold Mine, the crowing result of our many years of experience in active trading. We regularly update, test and improve all our products so as to meet the high standard of the St.Traders team and bring the users an advantage in the game. Gold Mine is also available in MetaTrader 4 version. Input Parameters: MagicNumber – it's necessary to set the identification number of the Expert

2013.07.17

There are more than 54,230 topics available on forum

2013.07.17

28 new topics on forum:

and 25 more...

2013.07.17

New publications in CodeBase

FX5_SelfAdjustingRSI The RSI oscillator with the boundaries of the overbought/oversold areas expressed by Bollinger Bands
RSICandle The RSI indicator implemented as a sequence of candlesticks
BBflat_sw A simple interpretation of the Bollinger Bands indicator in a separate window.

2013.07.16

20 new topics on forum:

and 17 more...

2013.07.16

The most popular forum topics:

Market patterns 90 new comments
New Members introduction 46 new comments
Interesting and Humour 45 new comments

2013.07.16

New publications in CodeBase

Cronex_Impulse_CD_Color A modification of the MACD histogram.
A WPR Based Trailing Stop Module A trailing stop module based on the WPR indicator with short and long Stop Loss
linreg A typical MA using the linear regression algorithm

2013.07.16

Bestsellers in the Market:

EAmicroMoney Bet by Yongbiao Zou

35.00

EAmicroMoney Bet Expert Advisor works on 1 currency pair - EURUSD. Lots are set up manually in the Lots parameter. Optimization of the Lots parameter makes this Expert Advisor powerful. It is based on filtered-MACD & CCI to trigger the BUY or SELL signals. Open positions are closed by Take Profit, Stop Loss or according to opposite signals. Maximum value of the Lots parameter is 0.09 and minimum value is 0.01. If you have enough money you can use 0.09. For more details please see the screensho

Advanced Break Even by Andrey Barinov

10.00

Classic Multi-currency Break-Even. It only changes order Stop Loss level when the current price reaches Break Even Level pips of profit, securing/"locking" Break Even Profit pips of profit. 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 Advanced Break Even simultaneously with any other trading Expert Advisor. Also features: On Screen Display Extended logging Separate EA log file Standard Met

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

TradeCopier source by Jinsong Zhang

58.00

If you want something as below: Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading. "TradeCopier_source" and "TradeCopier_follow" can help you! Features: Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, eurusd_m, etc.). Can c

Scalperion by Achmad Hidayat

80.14

This Scalper Expert Advisor is based on 3 indicators: Heiken Ashi, Moving Average and Stochastic Oscillator. Positions are opened when a signal is triggered by those indicators. Open position are closed by Take Profit, Stop Loss. If Close by Opposite Signal is activated then positions will be closed if a reverse signal appears. To lock account profit or limit account loss, you can activate Target equity and/or Minimum equity in percentage of deposit at the settings. This EA is optimized for EURU

2013.07.15

There are more than 54,180 topics available on forum

2013.07.15

34 new topics on forum:

and 31 more...

2013.07.15

New publications in CodeBase

GRFLeadingEdge Quite an interesting alternative to Bollinger Bands
CandleCountdown Shows the time left before a candlestick closes
MVV_LinearRegression A standard linear regression channel with support and resistance levels

2013.07.15

Published article "MQL5 Cookbook: Developing a Multi-Currency Expert Advisor with Unlimited Number of Parameters".

In this article, we will create a pattern that uses a single set of parameters for optimization of a trading system, while allowing for unlimited number of parameters. The list of symbols will be created in a standard text file (*.txt). Input parameters for each symbol will also be stored in files. This way we will be able to circumvent the restriction of the terminal on the number of input parameters of an Expert Advisor.

2013.07.14

The most popular forum topics:

New Members introduction 53 new comments
Interesting and Humour 34 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 31 new comments

2013.07.14

20 new topics on forum:

and 17 more...

2013.07.14

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

Center of Gravity Indicator by Camille Huot

10.00

What is Center of Gravity? The Center of Gravity indicator allows you to get an instantly strong sentiment of where any market is going. It works with any kind of market: Forex, Stocks, Metals... The extreme ease of reading is the real power of this indicator. The basics behind Center of Gravity is a physics law: barycentre. When the market price deviates strongly from this centre of gravity, the probability is considered high that the market price will evolve back towards the centre of gravity.

Elder Impulse System by Financial Trading Seminars Inc.

39.00

The Impulse System was first described in "Come into my Trading Room" book. It uses the direction of both the MACD-Histogram and an exponential moving average (EMA) of price to define an impulse. The rule is never to trade against the impulse. Its color code gives you several signals: When both the EMA and MACD-Histogram are rising, the Impulse system colors the bar color is green (no shorting permitted). When both the EMA and MACD-Histogram are falling, the Impulse system colors the bar color i

Elder AutoEnvelope by Financial Trading Seminars Inc.

39.00

Envelopes or channel lines are set parallel to the moving average (to the slow MA if you use two MAs). The two channel lines must contain approximately 95% of all prices for the past two or three months on a daily chart, with only the extremes protruding outside. Channel lines provide attractive profit targets - sell longs near the upper line and cover shorts near the lower line. The AutoEnvelope is a custom indicator - an original tool that automatically selects channels width by calculating a

2013.07.13

24 new topics on forum:

and 21 more...

2013.07.12

The most popular forum topics:

MT5 For those who care about speed. 60 new comments
Interesting and Humour 50 new comments
New Members introduction 32 new comments

2013.07.12

There are more than 54,100 topics available on forum

2013.07.12

22 new topics on forum:

and 19 more...

2013.07.12

Bestsellers in the Market:

Center of Gravity Indicator by Camille Huot

10.00

What is Center of Gravity? The Center of Gravity indicator allows you to get an instantly strong sentiment of where any market is going. It works with any kind of market: Forex, Stocks, Metals... The extreme ease of reading is the real power of this indicator. The basics behind Center of Gravity is a physics law: barycentre. When the market price deviates strongly from this centre of gravity, the probability is considered high that the market price will evolve back towards the centre of gravity.

Trading Chaos Chart by Gennadiy Stanilevych

100.00

The main purpose of the indicator is to detect and mark on a chart the following trade signals described in "Trading Chaos (2-nd edition)": Bullish and bearish divergence bars with angulation (including squat). Bars in the red and in the green zones according to the color of the Awesome Oscillator histogram. Squat bars on the chart independent of the color of the Awesome Oscillator histogram. Levels of "important" fractals relative to the "Teeth line" of the Alligator indicator. Drawing angulati

Trading Chaos Expert by Gennadiy Stanilevych

295.00

This software has no equals in the world and represents a universal trade "console" covering trading signals, automated market entry, setting of Stop Loss and Take Profit, as well as Trailing Profit for multiple trades at the same time in a single open window. Intuitive control of the Expert Advisor in "three clicks" ensures a comprehensive use of all its functions on different computers, including tablets PCs. Interacting with additional signal indicators that mark the chart to give a real mark

Scalper Pad by Vladislav Andruschenko

10.00

Scalper Pad Scalper Pad panel is designed for scalping and has only the basic commands for scalping: BUY, SELL, CLOSE, REVERSE, and the choice of LOTS. Others versions: VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyle VirtualTradePad "One Click Trading Panel" Important Features When a position is successfully opened, you will hear a sound similar to the same action in the terminal; If there is an error, you will hear the error sound; On the the BUY and SELL

Pin Bar by Alexey Topounov

55.00

This indicator shows Pin Bar candlestick pattern on the chart. The bearish pin bars have red color, the bullish pin bars have blue color. The indicator shows alert when Pin Bar candlestick pattern is formed. It's recommended to use it at timeframes H1 and higher. The best moment (strong signal) is when Pin Bar is formed close to the support/resistance level.

2013.07.12

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.

2013.07.12

New publications in CodeBase

PLdot The simplest moving-like indicator
Triggerlines Shift Modified A simple trend indicator in the form of a colored cloud
XPoints The indicator predicts the possible reversal points

2013.07.12

There are more than 3,510 codes published in Codebase

2013.07.11

26 new topics on forum:

and 23 more...

2013.07.11

New publications in CodeBase

SignalTable The original indicator that shows buy and sell signals of three indicators on nine timeframes
prusax The indicator paints the part of the bar depending on the direction of the candlestick
TF Adaptive Moving Average One of the variants of a simple moving average of close prices, which automatically adapts to the chart period and shows the average value of the price for each of the 21 ranges provided in MT5. Comparing the current price with the average price value for a particular trader selected period.

2013.07.10