Articles, Library comments - page 205

New article Equivolume Charting Revisited has been published: The article dwells on the method of constructing charts, at which each bar consists of the equal number of ticks. The idea of accounting for volumes when constructing a chart was expressed already in 1871 by Richard W., Jr. Arms in his...

HIGHEST_HIGH_VALUE_HTF: The indicator shows the maximum price for the period specified in the input parameters of the indicator, taking into account the timeframe, in which the price was searched for. Figure 1. The HIGHEST_HIGH_VALUE_HTF indicator Author: Nikolay Kositsin

Lots Calculation: The calculation of the amount of lots through the specified percentage of free assets. Author: IURII TOKMAN

CCI T3 Based: Usually CCI is calculated as using average (Simple Moving Average) and mean deviation. That produces the well known CCI that we all are using. Smoother results can be achieved in multiple ways. Prices can be smoothed prior to being used in calculation (average or deviation),...

CashMachine 5min: The Expert Advisor uses the iDeMarker (DeMarker, DeM) and iStochastic (Stochastic Oscillator) indicators. Three virtual levels to protect profit. Author: Vladimir Karputov

Trading signals module based on SuperTrend indicator: Trading signals module for MQL5 Wizard. SuperTrend indicator's color dot serves as a market entry signal. Place SuperTrend.ex5 compiled file to the terminal_data_folder\MQL5\Indicators. Creation of a trading robot based on this trading signals...

Schaff Trend Cycle - Jurik Volty Adaptive RSX: RSX is one of the RSI/Momentum family based indicators that is suitable for adapting. This indicator is a Schaff Trend Cycle that is using Jurik Volty Adaptive RSX for calculation. Default adapting period is kept rather long simply to make the...

TEMA Jurik Volty Adaptive: Some of the average type indicators are, by their nature, suitable for being adaptive. One of them is TEMA (Triple Exponential Moving Average). This version is using Jurik Volty for making the TEMA adaptive. PS: when comparing adaptive indicators with the...

DEMA Jurik Volty Adaptive: Some of the average type indicators are, by their nature, suitable for being adaptive. One of them is DEMA (Double Exponential Moving Average). This version is using Jurik Volty for making the DEMA adaptive. PS: when comparing adaptive indicators with the...

EMA Jurik Volty Adaptive: Some of the average type indicators are, by their nature, suitable for being adaptive. One of them is EMA (Exponential Moving Average). This version is using Jurik Volty for making the EMA adaptive. PS: when comparing adaptive indicators with the non-adaptive...

Jurik Volty Multi Timeframe: About Jurik smoothing there is one part that is less known: Jurik smoothing is adaptive indicator. It is using something that is sometimes refereed to Jurik Volty (a sort of market volatility) for that adapting. This is the indicator that is calculating and...

Last ZZ50: The strategy is based on the ZigZag indicator and pending orders. Author: Vladimir Karputov

Exp_ToCloseProfit: The Expert Advisor to perform global Take Profit for all open positions Author: Nikolay Kositsin

Hikkake Pattern (Inside Day False Breakout): Hikkake Pattern (Inside Day False Breakout) indicator is a trading strategy based on false breakouts. Translated into MQL5 code from Dan Chesler's article published in April 2004, Active Trader Magazine "Trading False Moves with the Hikkake...

CSeries Class: CSeries class is a low latency container made for the purpose of collecting ticks and working further with them. It allows user to access ticks in the same way like he would access OHLC (Open High Low Close) bar prices. Index "0" marks the newest container member (newest price...

Point of Balance: The indicator shows current trend by showing a color of the current balance. The opposite color is not displayed as long as it does not become a trend (hence, lack of color, means the opposite trend is the prevailing) Author: Mladen Rakic

New article LifeHack for traders: Fast food made of indicators has been published: 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...

CCI Squeeze: Combination of two very well known indicators (CCI and Moving Average) that estimates the direction strength of the current market trend. Averages that can be used are the basic 4 types (SMA, EMA, SMMA and LWMA). Author: Mladen Rakic

Step Chart Histogram: Step Chart Histogram indicator monitors the price change (in pips) and according to that, determines if a new "step" has been made or not. Compared to the Step Chart indicator, this version displays the values in a separate window as a histogram (as a sort of a help to...

s-Downloader (SingleTF): The script downloads the historical quote data of the current chart symbol and timeframe. This is convenient to conduct more backtesting on a single timeframe that you usually work with. The method of emulating pressing "Home" button is based on the idea implemented...

MultiSilverTrend_x10: Indicator MultiSilverTrend_x10 shows information on the current trends, using the colors of indicator SilverTrend from ten different timeframes. Author: Nikolay Kositsin

Log Sigmoidal Normalized Jurik MA: In this indicator Jurik MA is sigmoidal (Softmax) normalized - made as oscillator that ranges in 0 to 1 range, and if you use hyperbolic normalization it will range from -1 to +1 range. Author: Mladen Rakic

New article Comparative Analysis of 10 Trend Strategies has been published: The article provides a brief overview of ten trend following strategies, as well as their testing results and comparative analysis. Based on the obtained results, we draw a general conclusion about the appropriateness,...

TimeLines: Automatic marking of the chart by the time and the timer. Author: Денис Орлов

Trend Envelopes of Averages: Trend Envelopes with an option to chose smoothed/filtered price in calculation instead of using "raw" prices. The usage of filtered prices lessens the number of signals and, depending on your trading style, can be used to filter out undesired signals. To have...

Expert_RSI_Stochastic_MA: The Expert Advisor uses three indicators: MA(150), RSI(3) with levels 80 and 20, Stochastic(6, 3, 3) with levels 70 and 30. Author: Vladimir Karputov

Repulse Multi Timeframe: The Repulse Multi Timeframe indicator measures and displays the bullish or bearish pressure associated with each price candlestick in the form of a curve. This version is a standalone multi timeframe version (Repulse indicator is needed for its work). Timeframes...

Log Sigmoidal Normalized T3: One of the usual "games" of a trader is to try to determine when an extreme is reached for some filter or average. This is one of the possible ways to asses that. In this indicator T3 is sigmoidal (Softmax) normalized - made as oscillator that ranges in 0 to 1...

FractalsPeriod: An indicator lets you specify the number of bars separately before and after the current High / Low (fractal) can. Author: Alexander P.

Exp_Sinewave2_X2: A trend-following trading system Exp_Sinewave2_X2 is based on the signals of two indicators Sinewave2 Author: Nikolay Kositsin