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Use new possibilities of MetaTrader 5

History of MQL5.community development

The most popular trading robots and technical indicators, news signals, regular incoming ready-made MQL5 programs in CodeBase and the most discussed Forum topics.

The most popular forum topics:

22 new topics on forum:

and 19 more...

New publications in CodeBase

Bestsellers in the Market:

The most downloaded free products:

Most read articles this week

Custom Strategy Tester based on fast mathematical calculations

Custom Strategy Tester based on fast mathematical calculations

The article describes the way to create a custom strategy tester and a custom analyzer of the optimization passes. After reading it, you will understand how the math calculations mode and the mechanism of so-called frames work, how to prepare and load custom data for calculations and use effective algorithms for their compression. This article will also be interesting to those interested in ways of storing custom information within an expert.

Automatic construction of support and resistance lines

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values.

How to reduce trader's risks

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.

Most downloaded source codes this week

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • MA Cross Studies Simple program using the moving average as bias and providing many trade and money management options.
  • Renko The renko (renko) chart in a separate subwindow. No matter on what chart timeframe the indicator is attached, the renko is drawn on close price of М1 timeframe.

10 new topics on forum:

and 7 more...

10 new topics on forum:

and 7 more...
There are more than 93 250 topics available on forum

The most popular forum topics:

Bestsellers in the Market:

21 new topics on forum:

and 18 more...

Bestsellers in the Market:

Published article "LifeHack for traders: Fast food made of indicators".

LifeHack for traders: Fast food made of indicators

If you have newly switched to MQL5, then this article will be useful. First, the access to the indicator data and series is done in the usual MQL4 style. Second, this entire simplicity is implemented in MQL5. All functions are as clear as possible and perfectly suited for step-by-step debugging.

New publications in CodeBase

  • McGinley Dynamic Indicator The McGinley Dynamic indicator was developed by John McGinley and outlined in the Market Technicians Association's "Journal Of Technical Analysis" in 1991. The purpose of this indicator is to address flaws found in conventional moving averages, such as price separation and whipsaws. The result is a remarkable indicator that follows the average price of an instrument while adapting to current market speeds.
  • 3 MAs Market Indicator that shows the current estimated state of the market based on a correlation of 3 Moving Averages.

The most downloaded free products:

The most popular forum topics:

18 new topics on forum:

and 15 more...

Bestsellers in the Market:

New publications in CodeBase

  • Chande's DMI (Dynamic Momentum Index) The Dynamic Momentum Index (DMI) is a variable term RSI. When default values are used, the RSI term varies from 3 to 30. The variable time period makes the RSI more responsive to short-term moves. The more volatile the price is, the shorter the time period is. It is interpreted in the same way as the RSI, but provides signals earlier.
  • ZigZag separate ZigZag separate is a MetaTrader 5 version of one indicator that was floating around the net as a wonder indicator for MetaTrader 4.

23 new topics on forum:

and 20 more...
There are more than 93 190 topics available on forum

Bestsellers in the Market:

1 new signal now available for subscription:

MeanReversion
479% 6508 trades
Growth:479.29%
Equity:3 140.62USD
Balance:3 140.62USD

Bestsellers in the Market:

The most downloaded free products:

Most read articles this month

How to reduce trader's risks

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.

The Channel Breakout pattern

The Channel Breakout pattern

Price trends form price channels that can be observed on financial symbol charts. The breakout of the current channel is one of the strong trend reversal signals. In this article, I suggest a way to automate the process of finding such signals and see if the channel breakout pattern can be used for creating a trading strategy.

Testing patterns that arise when trading currency pair baskets. Part III

Testing patterns that arise when trading currency pair baskets. Part III

In this article, we finish testing the patterns that can be detected when trading currency pair baskets. Here we present the results of testing the patterns tracking the movement of pair's currencies relative to each other.

Most downloaded source codes this month

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Daily Pivot Points shifted for different day start time This indicator is another implementation of daily pivot points that allows the time for pivot point calculation to be advanced or delayed from the server time. It considers any Saturday trading to be Friday and any Sunday trading to be Monday.
  • Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.

The most popular forum topics:

18 new topics on forum:

and 15 more...

Bestsellers in the Market:

21 new topics on forum:

and 18 more...

New publications in CodeBase

  • Fractal Adaptive MACD Fractal Adaptive Moving Average Technical Indicator (FRAMA) was developed by John Ehlers. This indicator is constructed based on the algorithm of the Exponential Moving Average, in which the smoothing factor is calculated based on the current fractal dimension of the price series. The advantage of FRAMA is the possibility to follow strong trend movements and to sufficiently slow down at the moments of price consolidation.
  • Instantaneous Trend Line bands (generalized) This version extends the Instantaneous Trend Line indicator with a sort of bands to make it easier to spot trend change and to filter out some false signals that can be produced if only the slope of the ITL indicator is takes for a signal. And it also differs from the original in one important part: instead of using fractional alpha parameter for calculation, this version uses period which makes it the same category as averages are and the usage becomes a bit more intuitive than the original version.
  • Instantaneous Trend Line (generalized) This version differs from the original Instantaneous Trend Line in one important part: instead of using fractional alpha parameter for calculation, this version uses period which makes it the same category as averages are and the usage becomes a bit more intuitive than the original version.

The most downloaded free products:

26 new topics on forum:

and 23 more...
There are more than 93 130 topics available on forum

Bestsellers in the Market:

The most popular forum topics:

Most read articles this week

Automatic construction of support and resistance lines

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values.

Testing patterns that arise when trading currency pair baskets. Part III

Testing patterns that arise when trading currency pair baskets. Part III

In this article, we finish testing the patterns that can be detected when trading currency pair baskets. Here we present the results of testing the patterns tracking the movement of pair's currencies relative to each other.

Custom Strategy Tester based on fast mathematical calculations

Custom Strategy Tester based on fast mathematical calculations

The article describes the way to create a custom strategy tester and a custom analyzer of the optimization passes. After reading it, you will understand how the math calculations mode and the mechanism of so-called frames work, how to prepare and load custom data for calculations and use effective algorithms for their compression. This article will also be interesting to those interested in ways of storing custom information within an expert.

Most downloaded source codes this week

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Signal Candles Get entry signals from specific candles based on your rules.
  • Daily Pivot Points shifted for different day start time This indicator is another implementation of daily pivot points that allows the time for pivot point calculation to be advanced or delayed from the server time. It considers any Saturday trading to be Friday and any Sunday trading to be Monday.

8 new topics on forum:

and 5 more...

Bestsellers in the Market:

20 new topics on forum:

and 17 more...

Bestsellers in the Market:

The most downloaded free products:

The most popular forum topics:

There are more than 4 160 products available in Market

Bestsellers in the Market:

21 new topics on forum:

and 18 more...
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