MQL5: automated forex trading, strategy tester and custom indicators with MetaTrader

Traders Forum

Ask questions on technical analysis, discuss trading systems and improve your MQL5 programming skills to develop your own trading strategies.

Communicate and share your experience with traders from anywhere in the world, answer questions and help beginners — MQL5.community is developing along with you.

general discussions, trading systems, exchange, robots and expert advisors, technical indicators, trading articles, mql4 and metatrader 4

Indonesian Member

I want to know how many people from Indonesia is joining this forum. If you're from Indonesia, please comment this topic..Thank you..

35

Metatrader 5 Plugin

Hi everyone. I want to add a new feature to metatrader 5 platform. How can i do this?

Hi, I have accounts with different brokers. I wanted to know is there a way/software that I can use to trade these at the same time? For example, place a trade once and have it duplicated across all my accounts ? Thanks.

Is ePayments safe?

when we want withdraw from account, we can see ePayments on the first. Is it safe? I have seen some bad news about ePayments. Has anyone used it? Can you talk about it?

4

Windows vs Linux Backtest/optimization time performance

Does anyone compared the backtest time performance, using the same computer EA and database, between Windows and Linux?

1

Strategy tester is disconnecting with no reason. I can't run any EA or indicator.

Does any one know why is this happening? I have two MT5 instaled with two diferent brokers and neither seem to run anithing on Strategy Tester. My mt5 is connected to the broker and I get this log everytime i run something.

What MQL5 developers think about the Freelance service

Just over a year has passed since the launch of the Freelance service on mql5.com, and we can draw some conclusions. To date, over 600 jobs have been successfully completed, and new orders appear daily in the Russian and English sections. The freelance service of automated trading system development...

1

Change Color for arrow in script

Hello, I try to change the arrow color to Aqua but this below code doesn't work. Could you help me fix it? Thanks a lot. HHC void OnStart() { long chart_ID=ChartID(); //---- obj_arrow, window to draw, time, place ObjectCreate("Arrow",OBJ_ARROW, 0, Time[1], High[1]);...

Financial Trading Articles

Learn how to create your own technical indicators and trading robots from the huge database of articles written by expert traders.

Share your trading and programming experience with those who are new to algorithmic trading, write an article about it and earn $200. In addition, we will translate your article to six languages.

MetaTrader 5, MetaTrader 4

Reversal patterns: Testing the Double top/bottom pattern

Traders often look for trend reversal points since the price has the greatest potential for movement at the very beginning of a newly formed trend. Consequently, various reversal patterns are considered in the technical analysis. The Double top/bottom is one of the most well-known and frequently used ones. The article proposes the method of the pattern programmatic detection. It also tests the pattern's profitability on history data.

Gap - a profitable strategy or 50/50?

The article dwells on gaps — significant differences between a close price of a previous timeframe and an open price of the next one, as well as on forecasting a daily bar direction. Applying the GetOpenFileName function by the system DLL is considered as well.

Using limit orders instead of Take Profit without changing the EA's original code

Using limit orders instead of conventional take profits has long been a topic of discussions on the forum. What is the advantage of this approach and how can it be implemented in your trading? In this article, I want to offer you my vision of this topic.

Movement continuation model - searching on the chart and execution statistics

This article provides programmatic definition of one of the movement continuation models. The main idea is defining two waves — the main and the correction one. For extreme points, I apply fractals as well as "potential" fractals - extreme points that have not yet formed as fractals.

EA remote control methods

The main advantage of trading robots lies in the ability to work 24 hours a day on a remote VPS server. But sometimes it is necessary to intervene in their work, while there may be no direct access to the server. Is it possible to manage EAs remotely? The article proposes one of the options for controlling EAs via external commands.

100 best optimization passes (part 1). Developing optimization analyzer

The article dwells on the development of an application for selecting the best optimization passes using several possible options. The application is able to sort out the optimization results by a variety of factors. Optimization passes are always written to a database, therefore you can always select new robot parameters without re-optimization. Besides, you are able to see all optimization passes on a single chart, calculate parametric VaR ratios and build the graph of the normal distribution of passes and trading results of a certain ratio set. Besides, the graphs of some calculated ratios are built dynamically beginning with the optimization start (or from a selected date to another selected date).

Modeling time series using custom symbols according to specified distribution laws

The article provides an overview of the terminal's capabilities for creating and working with custom symbols, offers options for simulating a trading history using custom symbols, trend and various chart patterns.

Reversing: The holy grail or a dangerous delusion?

In this article, we will study the reverse martingale technique and will try to understand whether it is worth using, as well as whether it can help improve your trading strategy. We will create an Expert Advisor to operate on historic data and to check what indicators are best suitable for the reversing technique. We will also check whether it can be used without any indicator as an independent trading system. In addition, we will check if reversing can turn a loss-making trading system into a profitable one.

Using indicators for optimizing Expert Advisors in real time

Efficiency of any trading robot depends on the correct selection of its parameters (optimization). However, parameters that are considered optimal for one time interval may not retain their effectiveness in another period of trading history. Besides, EAs showing profit during tests turn out to be loss-making in real time. The issue of continuous optimization comes to the fore here. When facing plenty of routine work, humans always look for ways to automate it. In this article, I propose a non-standard approach to solving this issue.

MQL5 Cookbook: Getting properties of an open hedge position

MetaTrader 5 is a multi-asset platform. Moreover, it supports different position management systems. Such opportunities provide significantly expanded options for the implementation and formalization of trading ideas. In this article, we discuss methods of handling and accounting of position properties in the hedging mode. The article features a derived class, as well as examples showing how to get and process the properties of a hedge position.

Jobs for Freelancers

Order a custom technical indicator, a trading robot or any other app for the MetaTrader platforms from trusted developers.

Professional programmers deal with hundreds of orders in the MQL5 Freelance section with guaranteed payment and instant withdrawal of earnings through convenient payment systems.

indicators, experts, libraries, scripts, integration, converting, translation, design, consultation, other

30

Simple Arrow Indicator with 0 and 1 arrow buffer.

I need you to develop an Indicator:1. If the last candle is bullish, fire bullish arrow at the closing of the last candle2. If the last candle is bearish, fire bearish arrow at the closing of the last candle3. If the last candle is doji (same open and close price) then no arrowThe Arrow Buffer...

40

I am looking for a highly experienced MT4 coder to develop a Grid Trading EA based on 2 custom indicators with source code + support

Hi I need a Grid Trading EA with source code based on 2 custom indicators to work on multiple currencies. The developer needs: - to be a good communicator in English - experienced with developing Grid EA's and debugging - fast and...

30

Create indicator base on MA, Zigzag and Momentum indicator

I need and indicator base on Zigzag, Moving Average and Momentum . This indicator will generate Buy and Sell Alert when certain condition(s) holds. Please find the attached manual below. Regards

60

Accurate none repaint indicator wanted, must provide demo to test

Hi, I am looking for an accurate none repaint, none redraw indicator mostly optimized for 5 min time frame. It must have alerts as text and notifications and be accurate close to 90%. Anything else lower is not accepted, must work on all pairs and you must provide a time limited full working...

30

Elsweesy

حدد مواصفات متطلباتك هنا نقطة تلو الأخرى. حاول وصف متطلباتك باختصار وبوضوح ، حتى أعداد مطور البرامج الأولى من تقييم مدى تعقيده وتكلفته بشكل صحيح ، بالإضافة إلى وقت التنفيذ المطلوب.سيؤدي الوصف السيئ أو العام المقترح إلى تجاهل طلبك ، وإلا ستقضي وقتًا في التفاوض على التفاصيل مع كل مقدم طلب.تذكر: من...

350

Developer needed (donot apply if you did not read post carefully)

Hello i post this job many times i need a quick working developer who can work on my tasks fast and quicker without any delay some time i have 10 tasks a week some i have 5 tasks a week some time 12 tasks a week so it will depend some time full ea need to code some tiime only...

80

Simple EA expert, original trade would be opened by user. EA would then open more trades a set point from original trade.

I am trying to create a programme that can help me with my current strategy. I don’t want to make the entire strategy automated (although I may look to do this further down the line. Basically I am after a programme that will set a large number of orders, the opening of these orders will be...

30

I am looking for a highly experienced MT4 coder to develop an EA based on Non-Repainting trading arrows.

Hi, I am looking for a highly experienced MT4 coder to develop an EA based on an indicator I purchased. The indicator displays Non-Repainting trading arrows which takes data from overbought and oversold points. The accuracy of the system is high. The arrows do not repaint and not...

100

EA Based on Stochastic and simple martingale recovery (Prototype)

Hi, I need an EA which follow this simple rules to test my manual trade strategy and as a prototype rev 1. 1. Open position base on stochastic 9,3,5 (tf 1h) when crossover occur. 2. Closing position when stochastic crossing again on opposite direction at 15min tf. 3. Opening...

30

Bollinger break out

Sell condition. (1) break out upper band. (2) wait till macd signal above macd bar and williams%range is downwards. (3) SELL when this bar is closed.(4) TP 20pips or when break lower band, when didn't reach lower band Close it when it break middle band. (5) SL 10 pips higher than a broken out bar...

MQL5 Programs Market

Dozens of new automated trading applications appear in the MQL5 Market every day. Choose the right app among 10,000 products and forget about unnecessary routine operations of manual trading.

Sell your algorithmic trading programs through the largest store of trading applications!

MetaTrader 5, MetaTrader 4

Ninja Route MT5

Ninja Route MT5 is a combination of numerous strategies that develop during machine learning processes using historical data of the major pairs. Each strategy involves a unique set of sophisticated price actions that optimize to take advantages of various conditions of the market. Connecting all the strategies into one complete system provides a significant advantage on the overall performance and enhances long-term safety. Machine learning is a field of computer science that uses statistical

AccountQuickReport

The script creates account summary report in a separate window. The report can be created for all deals and on deals for selected financial instruments. It is possible to specify a time interval of calculation and save report to htm-file. The script creates account summary report in a separate window. The report can be created for all deals and for deals of the selected financial instruments. It is possible to specify a time interval of calculation and save report to htm-file. Input par

Triton

This robot is designed for major currency pairs and trades three strategies. 1- swing, 2- gap, 3- support and resistance. It uses the algorithm for analysis of price data and finds the best parameters. Trades are filtered by results of analysis of daily and monthly chart for the last 10 periods. The Swing strategy can be used on TF H1 or M30, or also on M15 or M5 (more trades but higher risk) The Gap strategy is recommended on M30 or H1 The Sup./Res. strategy is recommended on M30, H1

CreateGridOrdersTune

A script for opening a grid of orders If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script. Usage: Run the script on a chart. Input Parameters: Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to

Hamster Scalping mt5

Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. The advisor needs a hedging account type Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is $100, use an ECN account with the minimum spread, default settings reccomend for eurusd m5 gmt +2. Please use max spread

LCF Theta Vector

LCF Theta Vector is based on custom variation of RSI indicator in assistance of vector algorithm and built-in AUTO_OPTIMIZER module that allows for dynamic adaptation to current market conditions (no user calibration needed) - the specific result is chosen on the basis of several different coefficients. EA can be run on different symbols and timeframes but for reducing demand on computing power, internal parameters are narrowed and it is highly recommended to run it on this pairs and time frames

Grid Hero

Grid Hero is a fully automated EA that uses a revolutionary Grid algorithm (P.A.M.A.) together with a signature synergy of Price Action trading and an Artificial Instinct Self-Adaptive Processing Unit. Grid Hero was strictly developed, tested and optimized using the "Reversed Sampling" development methodology based on "In-Sample" phase (2012 to 2017) and "Out-Of-Sample" phase (2004 to 2011). It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004

Hamster Scalping

Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is 100 USD, default settings reccomend for eurusd m5 gmt +2. Please use max spread 10 if you will not have orders change it to 50. Use a broker with good execution

Quatron

This robot is designed for major currency pairs and trades several strategies.It uses the algorithm for analysis of price data and finds the best parameters. Trades are filtered by results of analysis of daily and monthly chart for the last 10 periods. This is not a scalping robot. It will be traded at all brokers with quotes accurate to points. Your broker must allow hedging. Default settings can be used for EURUSD,

Grid King

A Small Christmas Gift: Every Purchase Before Christmas will receive a free 3-month trial for 2 of my other EA's And you get to choose for which EA's :-) Grid King takes a new approach to grid trading. The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market. It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which al

Trading Signals

Choose a suitable trading strategy and subscribe to it with a few clicks. All Signals are provided with detailed statistics and informative charts.

Become a trading signal provider and sell subscriptions to thousands of traders around the world. With the Signals service, your successful strategy can generate income with a small start-up budget!

MetaTrader 5, MetaTrader 4

30

Moebius