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

2013.10.29

25 new topics on forum:

and 22 more...

2013.10.29

There are more than 56 720 topics available on forum

2013.10.29

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.

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.

2013.10.29

Most downloaded source codes this month

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!

2013.10.29

Published article "MQL5 Cookbook: Monitoring Multiple Time Frames in a Single Window".

There are 21 time frames available in MetaTrader 5 for analysis. You can take advantage of special chart objects that you can place on the existing chart and set the symbol, time frame and some other properties right there. This article will provide detailed information on such chart graphical objects: we will create an indicator with controls (buttons) that will allow us to set multiple chart objects in a subwindow at the same time. Furthermore, chart objects will accurately fit in the subwindow and will be automatically adjusted when the main chart or terminal window is resized.

2013.10.28

22 new topics on forum:

and 19 more...

2013.10.28

The most popular forum topics:

Searching for market patterns 56 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 32 new comments
The market is a controlled dynamic system. 29 new comments

2013.10.28

Bestsellers in the Market:

Bid Ask Volumes by Wildbunny

19.99

This indicator shows you the volume underlying the Bid and Ask quotes in the MetaTrader terminal. Volume is a key driver of price - if there is a large skew between Bid and Ask volume, this suggests price is going to make a movement in the skew direction. This indicator is a very useful tool for scalpers and other short-term traders as it allows you to confirm your existing signals. Settings include: Scale Percent - percentage of window to fit volumes inside; VolumeLotsAtMaxScale - number of lot

Ticks Stochastic by Andrej Nikitin

30.00

The Stochastic Oscillator indicator is drawn on the tick price chart. After launching it, wait for enough ticks to come. Parameters: K period - number of single periods used for calculation of the stochastic oscillator; D period - number of single periods used for calculation of the %K Moving Average line; Slowing - period of slowing %K; Calculated bar - number of bars in the chart for calculation of the indicator. The following parameters are intended for adjusting the weight of signals of the

Ticks MACD by Andrej Nikitin

30.00

The Moving Average Convergence/Divergence(MACD) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Fast EMA period - indicator drawn using a tick chart. Slow EMA period - slow period of averaging. Signal SMA period - period of averaging of the signal line. calculated bar - number of bars on the chart for the indicator calculation. The following parameters are intended for adjusting the weight of MACD signals (from 0 to 100). You can find their desc

Depth of Market by Jinsong Zhang

30.00

VIP Scalper by Vyacheslav Scherbak

100.00

This scalper indicator shows the moments, when you can safely earn 10 point profit with risk only 2 points. It allows greatly increase the deposit during the day, if properly money management used. The indicator has only one input parameter - number of bars, used for the calculation of trend. When the signal appeared, place pending order at the price, 2 points higher than the current price (for buy) or 2 points lower current price for sell. Stop Loss - 2-3 points; Take Profit - from 10 ponts; R

2013.10.28

Bestsellers in the Market:

PZ Swing Trading MT5 by PZ TRADING SLU

249.00

Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with

SecondTimeFrame by Gabor Torma

19.99

Indicator with second-timeframe in a separate window with separator line. Very useful for day traders to analyze the quick motion. Input parameters: TimeFrame - used time frame: S1 - one candle contains 1 second (max. 60 candle/sec); S2 - one candle contains 2 second (max. 30 candle/sec); S3 - one candle contains 3 second (max. 20 candle/sec); S4 - one candle contains 4 second (max. 15 candle/sec); S5 - one candle contains 5 second (max. 12 candle/sec); S6 - one candle con

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 absol

Angle Regression Line with Divergence by Vladimir Gotsulenko

30.00

The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis. Input Parameters: Period - period of calculation, 24 on default; CalculatedBar - number of bars for displaying a divergence, 300 on default; AngleTreshold - slope at which a flat is displayed, 6.0

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

2013.10.27

Most read articles this week

MetaQuotes ID in MetaTrader Mobile Terminal

Android and iOS powered devices offer us many features we do not even know about. One of these features is push notifications allowing us to receive personal messages, regardless of our phone number or mobile network operator. MetaTrader mobile terminal already can receive such messages right from your trading robot. You should only know MetaQuotes ID of your device. More than 9 000 000 mobile terminals have already received it.

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.

Technical Indicators and Digital Filters

In this article, technical indicators are treated as digital filters. Operation principles and basic characteristics of digital filters are explained. Also, some practical ways of receiving the filter kernel in MetaTrader 5 terminal and integration with a ready-made spectrum analyzer proposed in the article "Building a Spectrum Analyzer" are considered. Pulse and spectrum characteristics of the typical digital filters are used as examples.

2013.10.27

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.
Price_Channel_Trend Trend indicator, based on crossover of pivot level and its median.
MQL5 Wizard - Trading Signals of Candlestick Patterns + Stochastic Trading signals of candlestick patterns with confirmation by Stochastic indicator.

2013.10.27

22 new topics on forum:

and 19 more...

2013.10.27

The most popular forum topics:

Searching for market patterns 105 new comments
Help me find the Indicator 61 new comments
New Members introduction 33 new comments

2013.10.27

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. Us

PZ Support Resistance MT5 by PZ TRADING SLU

149.00

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri

SARTrader by Remi Passanello

7 500.00

SARTrader is an Expert Advisor based on Parabolic SAR. All parameters are adjustable and their functions are quite understandable. The biggest problem with SAR is to stop trading, that's why I made a hybrid robot. You can let the robot work alone or help it a little bit. When you consider that it earns enough or know that awful news are to come, you can just stop it by pressing the STOP TRADE button. Equity and balance are displayed in big characters on the screen, so you can see it standing far

Pivot Prof by Paul Anscombe

59.00

Our 5 Star Best Seller Beginner or Professional our best selling multi-timeframe Pivot Prof will enhance your trading and bring you great trade opportunities with the Support and Resistance levels that professionals use. Pivot trading is a simple effective method for entering and exiting the market at key levels and has been used by professionals for decades and works on all symbols: Forex, Crypto, Stocks, Indicies etc. Pivot Prof brings premium levels to the trader where the market is most like

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 ti

2013.10.26

23 new topics on forum:

and 20 more...

2013.10.26

There are more than 56 650 topics available on forum

2013.10.26

The most popular forum topics:

Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 87 new comments
For those who like to measure... achievements))) 52 new comments
What happens if you think you have struck gold? 28 new comments

2013.10.26

Bestsellers in the Market:

Mover3 by Boris Odintsov

50.00

This Expert Advisor won 1st place in the Automated Trading Championship 2010. The trade system is based on analysis of Moving Average indicator. The EA can work at any symbol and timeframe, but better results can be achieved on EURUSD, GBPUSD and M5/M15 timeframes. It uses pending orders when trading, so the entry price has no slippage. Buy order is placed: At strong upper price movement the EA places pending order at price of the moving average - shift. When price is changed, it modifies the pe

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

SLTP Control Panel by Alexander Puzikov

10.00

This Expert Advisor allows controlling sl, tp and be (Stop Loss, Take Profit and Breakeven) using a panel and lines on the chart. It also features virtual settings. You can manage sl, tp and be using the panel on the chart. A flexible and convenient interface ensures quick and comfortable working with the Expert Advisor and your settings. Features Managing sl, tp and be settings right on the chart using the panel: The panel displays the sl\tp prices (useful if Virtual_sltp=true) and the number o

TimeFilter by Andrej Nikitin

30.00

TimeFilter indicator allows to select visually bit masks (GoodHourOfDay, BadHoursOfDay, GoodDayOfWeek, BadDaysOfWeek), used in the Intraday Time Filter module of the Standard Library. The use of time filters allows to take into account the details of trade sessions. Parameters: GoodHourOfDay Number of the only hour of day (from 0 to 23) when trade signals will be enabled. If the value is -1, the signals will be enabled through the whole day. BadHoursOfDay The bit field. Each bit of this field c

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.

2013.10.26

More than 10 new charts published:

GBPCHF, M15

GBPUSDt, H1

BISA3, W1

2013.10.25

26 new topics on forum:

and 23 more...

2013.10.25

There are more than 3 620 codes published in Codebase

2013.10.25

New publications in CodeBase

Donchian Channel Donchian Channel is a volatility indicator based on the calculation of the current price range with the recent highest and lowest prices.
Any Pair Stochastic This indicator is useful for correlation analysis and also for cross pair analysis.
iBarShift There are a lot of users who searched for iBarShift function like in MQL4. But this function is no more include in MQL5, mainly because MQL5 provides all necessary basic, low-level, functions to process such thing in a library.
sideway trend indicator this sideway or trend...confuse?? use this indicator

2013.10.25

The most downloaded free products:

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

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.

2013.10.24

The most popular forum topics:

Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 89 new comments
Interesting and Humour 74 new comments
New Members introduction 60 new comments

2013.10.24

21 new topics on forum:

and 18 more...

2013.10.24

There are more than 56 590 topics available on forum

2013.10.24

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 on

Auto Format by Gennadiy Stanilevych

30.00

This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5. It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes th

PZ Swing Trading MT5 by PZ TRADING SLU

249.00

Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with

PZ Harmonacci Patterns MT5 by PZ TRADING SLU

299.00

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 ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p

DWMACD by Roman Sukhorukov

30.00

DWMACD - Divergence Wave MACD . The indicator displays divergences by changing the color of the MACD histogram. The indicator is easy to use and configure. For the calculation, a signal line or the values of the standard MACD histogram can be used. You can change the calculation using the UsedLine parameter. It is advisable to use a signal line for calculation if the histogram often changes directions and has small values, forming a kind of flat. To smooth the histogram values set the signa

2013.10.24

New publications in CodeBase

Price_Channel_Trend Trend indicator, based on crossover of pivot level and its median.
Specific support and resistance indicator Specific support and resistance indicator is based on indicators MW_ZigZag.ex4 and High_Low v2.ex4.

2013.10.23

19 new topics on forum:

and 16 more...

2013.10.23

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

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

Pipsburger by Anton Gorin

10.00

Expert Advisor Pipsburger is based on analyzing the price action. Positions are closed when opposite signals appear. Input Parameters Period - number of bars to be analyzed; Lifetime - minimum time of the position life in bars; Mode - operation mode of the Expert Advisor (0-80); Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the free margin. The screenshots demonstrate the backtesting results. The Expert Advisor was tested on EURUSD M1 in the "Every tick" mode from 0

Crazy Lion by Achmad Hidayat

125.10

Crazy Lion (CL) is an Expert Advisor that is based on Price Action and 3 technical indicators: Stochastic Oscillator, ADX and Commodity Channel Index with additional Standard Deviation to calculate Take Profit. Trading Strategy Price action confirmed by 3 technical indicators Stochastic Oscillator, ADX and Commodity Channel Index is used to open positions. Positions are closed by Stop Loss and Take Profit, where Take Profit is calculated using Standard Deviation indicator (if AutoTP is true).

Pivot Prof by Paul Anscombe

59.00

Our 5 Star Best Seller Beginner or Professional our best selling multi-timeframe Pivot Prof will enhance your trading and bring you great trade opportunities with the Support and Resistance levels that professionals use. Pivot trading is a simple effective method for entering and exiting the market at key levels and has been used by professionals for decades and works on all symbols: Forex, Crypto, Stocks, Indicies etc. Pivot Prof brings premium levels to the trader where the market is most like

2013.10.23

Published article "MQL5 Cookbook: Sound Notifications for MetaTrader 5 Trade Events".

In this article, we will consider such issues as including sound files in the file of the Expert Advisor, and thus adding sound notifications to trade events. The fact that the files will be included means that the sound files will be located inside the Expert Advisor. So when giving the compiled version of the Expert Advisor (*.ex5) to another user, you will not have to also provide the sound files and explain where they need to be saved.

2013.10.22

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.

2013.10.22

Most downloaded source codes this month

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!

2013.10.22

The most popular forum topics:

Interesting and Humour 57 new comments
Bitcoin and everything associated with it. The home of cryptomaniacs and their adversaries. 47 new comments
The market is a controlled dynamic system. 39 new comments

2013.10.22

16 new topics on forum:

and 13 more...

2013.10.21

21 new topics on forum:

and 18 more...

2013.10.21

There are more than 56 530 topics available on forum

2013.10.21

The most popular forum topics:

Interesting and Humour 48 new comments
The market is a controlled dynamic system. 42 new comments
New Members introduction 35 new comments

2013.10.21

Bestsellers in the Market:

PZ Support Resistance MT5 by PZ TRADING SLU

149.00

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri

Trading Chaos Expert by Gennadiy Stanilevych

995.00

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

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 ti

Break Inner Bar signal by Aleksey Sergan

10.00

The indicator displays signals generated according to the "Inside day breakout play" strategy described in the book "Day Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Swings" by Kathy Lien. When an inside bar appears, the indicator draws a range through its maximum and minimum using horizontal lines. If the price breaks through this range, a signal for opening a position is generated. The indicator has only one input parameter - Inner bars. It determines

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.

2013.10.21

New publications in CodeBase

ChandeQStick The QStick indicator is a simple n-period moving average of the price difference.
ChandelierStops_v1 A trend indicator implemented in the form of NRTR.
Chande_Kroll_Stop_v1 An indicator of the trend power drawn in the form of a colored cloud.

2013.10.21

Published article "Technical Indicators and Digital Filters".

In this article, technical indicators are treated as digital filters. Operation principles and basic characteristics of digital filters are explained. Also, some practical ways of receiving the filter kernel in MetaTrader 5 terminal and integration with a ready-made spectrum analyzer proposed in the article "Building a Spectrum Analyzer" are considered. Pulse and spectrum characteristics of the typical digital filters are used as examples.

2013.10.20

18 new topics on forum:

and 15 more...

2013.10.20

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.

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.

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.

2013.10.20

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.
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.
Renko Line Break vs RSI EA An Expert Advisor based on two indicators - Renko Line Break and RSI. It trades stop orders.

2013.10.20

Bestsellers in the Market:

MACD for Quick Trade Decision by Yi Zhong

25.00

MACD techniques are commonly used in the daily tradings. It is useful to find the market trend and divergence/convergence of current trend. This version of MACD is better for people who are doing real world trading to make decisions even faster. It is based on the default MACD, plus the features of the strength of the market force(green bar for long strength, red bar for short strength), and arrows indicating the type of position to open/close. By comparing the piles of the strength bars, you ca

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.

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 absol

Kisselyovs Stochastic by Andrey Kisselyov

30.00

This version of Stochastic evaluates the probability of taking the specified profit in points. The appropriate value is set in the parameters, and the product automatically shows possible options for the market it is currently applied to. There are much more options and the information is more extensive compared to conventional Stochastic (see the screenshots). Signals: The yellow channel is absent (flat movement, market entry is not recommended). The yellow channel is narrowing (trend is formin

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.

2013.10.19

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New Members introduction 55 new comments
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The market is a controlled dynamic system. 32 new comments

2013.10.19

12 new topics on forum:

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2013.10.19

Bestsellers in the Market:

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 ti

Price Value For RSI Level by Dmitry Belunskiy

12.50

The indicator is intended to predict a price level at which RSI will have a predefined value. The indicator has two input parameters: Period RSI (default value is 14); Required RSI level (default value is 70.0). During operation the indicator displays a line in the chart window. The line shows what price value is needed for the RSI with the specified period (14) to have the specified value (70). It allows analyzing the current overbought and oversold levels on the market, and place pending ord

Modified Awesome Oscillator by Gennadiy Stanilevych

60.00

The main purpose of the indicator is to detect and mark trade signals on the histogram of the Awesome Oscillator according to the strategies "Trading Chaos, second edition" and "New Trading Dimensions". The indicator detects and marks the following trade signals: "Two peaks" - Divergence. The signal "Second wise-man" - third consequent bar of the Awesome Oscillator after its color is changed. The histogram crosses the zero line. The signal "Saucer". The indicator includes a signal block that inf

Pivot Prof by Paul Anscombe

59.00

Our 5 Star Best Seller Beginner or Professional our best selling multi-timeframe Pivot Prof will enhance your trading and bring you great trade opportunities with the Support and Resistance levels that professionals use. Pivot trading is a simple effective method for entering and exiting the market at key levels and has been used by professionals for decades and works on all symbols: Forex, Crypto, Stocks, Indicies etc. Pivot Prof brings premium levels to the trader where the market is most like

VIP Scalper by Vyacheslav Scherbak

100.00

This scalper indicator shows the moments, when you can safely earn 10 point profit with risk only 2 points. It allows greatly increase the deposit during the day, if properly money management used. The indicator has only one input parameter - number of bars, used for the calculation of trend. When the signal appeared, place pending order at the price, 2 points higher than the current price (for buy) or 2 points lower current price for sell. Stop Loss - 2-3 points; Take Profit - from 10 ponts; R

2013.10.18

15 new topics on forum:

and 12 more...

2013.10.18

New publications in CodeBase

TrendLinearReg A smooth non-normalized oscillator implemented in the form of a color histogram.
SI A non-normalized oscillator.
StepRSI_v5.2 A trend indicator that uses the oscillator analogue of RSI and its signal line. It is drawn as a colored cloud.
FilterOverWPR An indicator of trend power with four states.
MQL5 Wizard - Trading Signals of Candlestick Patterns + Stochastic Trading signals of candlestick patterns with confirmation by Stochastic indicator.

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