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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.

New publications in CodeBase

  • ZeroLag MACD The ZeroLag MACD indicator shows the histogram with color of the previous bar.
  • Simple Adviser EMA WMA RSI Simple Expert Advisor. In this version RSI and Trailing Stop has been added.
  • Three Indians Detection of a pattern "three Indians" on the basis of the ZigZag.

18 new topics on forum:

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There are more than 29 580 topics available on forum

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Published article "Using the Object Pointers in MQL5".

Using the Object Pointers in MQL5

By default, all objects in MQL5 are passed by reference, but there is a possibility to use the object pointers. However it's necessary to perform the pointer checking, because the object may be not initialized. In this case, the MQL5 program will be terminated with critical error and unloaded. The objects, created automatically, doesn't cause such an error, so in this sence, they are quite safe. In this article, we will try to understand the difference between the object reference and object pointer, and consider how to write secure code, that uses the pointers.

The most popular forum topics:

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There are more than 29 520 topics available on forum

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There are more than 29 460 topics available on forum

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New publications in CodeBase

  • XmlParser A simple XML-parser, based on the msxml library.
  • iBBFill The indicator plots the Bollinger Bands ®, filled with different colors depending on the trend direction.
  • iMovment The indicator plots the candles with different colors depending on the trend direction and price movement.

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There are more than 29 390 topics available on forum

Published article "MQL5: Analysis and Processing of Commodity Futures Trading Commission (CFTC) Reports in MetaTrader 5".

MQL5: Analysis and Processing of Commodity Futures Trading Commission (CFTC) Reports in MetaTrader 5

In this article, we will develop a tool for CFTC report analysis. We will solve the following problem: to develop an indicator, that allows using the CFTC report data directly from the data files provided by Commission without an intermediate processing and conversion. Further, it can be used for the different purposes: to plot the data as an indicator, to proceed with the data in the other indicators, in the scripts for the automated analysis, in the Expert Advisors for the use in the trading strategies.

The most popular forum topics:

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There are more than 29 320 topics available on forum

Published article "Introduction to MQL5: How to write simple Expert Advisor and Custom Indicator".

Introduction to MQL5: How to write simple Expert Advisor and Custom Indicator

MetaQuotes Programming Language 5 (MQL5), included in MetaTrader 5 Client Terminal, has many new possibilities and higher performance, compared to MQL4. This article will help you to get acquainted with this new programming language. The simple examples of how to write an Expert Advisor and Custom Indicator are presented in this article. We will also consider some details of MQL5 language, that are necessary to understand these examples.

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17 new topics on forum:

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New publications in CodeBase

  • Simplest Hedging EA ever This EA simply opens two opposing positions at the beginning of the first new bar it comes across. Both positions can win lose or draw. Works best in 5M timeframe and can be optimised using "Open prices only".
  • A measure of fractal self-similarity This indicator measure the dispersion of the fractal dimension of various timeframes around the fractal dimension of a reference timeframe (which is the longer timeframe considered).

18 new topics on forum:

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14 new topics on forum:

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There are more than 29 260 topics available on forum

Published article "Drawing Indicator's Emissions in MQL5".

Drawing Indicator's Emissions in MQL5

In this article, we will consider the emission of indicators - a new approach to the market research. The calculation of emission is based on the intersection of different indicators: more and more points with different colors and shapes appear after each tick. They form numerous clusters like nebulae, clouds, tracks, lines, arcs, etc. These shapes help to detect the invisible springs and forces that affect the movement of market prices.

There are more than 190 articles published on site

The most popular forum topics:

24 new topics on forum:

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There are more than 29 210 topics available on forum
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