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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.

Forecast and levels for Cryptocurrencies

Bitcoin vs USD January-March 2017 Forecast: key resistance level at 850.15 to be broken for the bullish trend to be continuing Weekly (W1) price is located above Ichimoku cloud in the bullish area of the chart. The price is on ranging within the following support/resistance levels: 850.15...

Is it possible to generate an ERR_INVALID_PARAMETER error?

In MQL 4, I want to generate this error if my class fails to initialize. Like so: void CClass::CClass(int interval) // constructor {    if(interval<=0)     {        _LastError=ERR_INVALID_PARAMETER; // constant cannot be modified compiler error        ExpertRemove();        return;...

Backtesting longer periods.

I want to backtest Period 15 min for a longer period of time for 5 or 6 years. but i cannot backtest it on mt4 for more than 6 months. what can i do with it?

Does anyone know if TICK_FLAG can have a larger value of 252?

Comments that do not relate to the "What does MQLtick flag mean?", have been moved into this topic.

MQL4 code to generate order according to a previuos loss

Good evening, I'm a beginner MQL4 developper. I have a question: 1) Suppose I open a trade position with a Take Profit of 5pips and no SL with 0.01 Lot 2)SUppose I close the position with a loss of 0.40 $ 3)If I want recover the previuos loss opening a new position with a TP always of 5 pips how...

Indicator not seen in MT

Although indicator's *.ex4 is present in ...\experts\indicators folder, it is not seen in Navigator windows, hence cannot be operated. Ideas? Thanks

Golden ratio indicator

Could anybody build a golden ratio indicator for me? I have seen this with someone but am unable to contact that person nor can I find it anywhere as an indicator. 

Supply Demand Indicator conversion Help

Hello, I've downloaded this indicator from forum and it's older version of mql4 language which prevents me from working on it to create an expert advisor. Can anyone help me voluntarily to convert it for new mql4 language ? Thanks in advance

MetaQuotes ID

HI, Trying to get notification sent to my phone. On set up it keeps saying my ID is invalid and removed from notification list. Why?

removing an old EA's orphaned buttons from a chart

How can I remove orphaned buttons from a removed EA without using the EA that originally created them? Please is there a script or something, its driving me bananas. cheers

Financial Trading Articles

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Library for easy and quick development of MetaTrader programs (part V): Classes and collection of trading events, sending events to the program

In the previous articles, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. In the fourth part, we tested tracking trading events on the account. In this article, we will develop trading event classes and place them to the event collections. From there, they will be sent to the base object of the Engine library and the control program chart.

Selection and navigation utility in MQL5 and MQL4: Adding data to charts

In this article, we will continue expanding the functionality of the utility. This time, we will add the ability to display data that simplifies our trading. In particular, we are going to add High and Low prices of the previous day, round levels, High and Low prices of the year, session start time, etc.

Library for easy and quick development of MetaTrader programs (part IV): Trading events

In the previous articles, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. We already have collections of historical orders and deals, market orders and positions, as well as the class for convenient selection and sorting of orders. In this part, we will continue the development of the base object and teach the Engine Library to track trading events on the account.

How to visualize multicurrency trading history based on HTML and CSV reports

Since its introduction, MetaTrader 5 provides multicurrency testing options. This possibility is often used by traders. However the function is not universal. The article presents several programs for drawing graphical objects on charts based on HTML and CSV trading history reports. Multicurrency trading can be analyzed in parallel, in several sub-windows, as well as in one window using the dynamic switching command.

Studying candlestick analysis techniques (part IV): Updates and additions to Pattern Analyzer

The article presents a new version of the Pattern Analyzer application. This version provides bug fixes and new features, as well as the revised user interface. Comments and suggestions from previous article were taken into account when developing the new version. The resulting application is described in this article.

Developing a cross-platform grider EA

In this article, we will learn how to create Expert Advisors (EAs) working both in MetaTrader 4 and MetaTrader 5. To do this, we are going to develop an EA constructing order grids. Griders are EAs that place several limit orders above the current price and the same number of limit orders below it simultaneously.

A DLL for MQL5 in 10 Minutes (Part II): Creating with Visual Studio 2017

The original basic article has not lost its relevance and thus if you are interested in this topic, be sure to read the first article. However much time has passed since then, so the current Visual Studio 2017 features an updated interface. The MetaTrader 5 platform has also acquired new features. The article provides a description of dll project development stages, as well as DLL setup and interaction with MetaTrader 5 tools.

Using MATLAB 2018 computational capabilities in MetaTrader 5

After the upgrade of the MATLAB package in 2015, it is necessary to consider a modern way of creating DLL libraries. The article uses a sample predictive indicator to illustrate the peculiarities of linking MetaTrader 5 and MATLAB using modern 64-bit versions of the platforms, which are utilized nowadays. With the entire sequence of connecting MATLAB considered, MQL5 developers will be able to create applications with advanced computational capabilities much faster, avoiding «pitfalls».

MTF indicators as the technical analysis tool

Most of traders agree that the current market state analysis starts with the evaluation of higher chart timeframes. The analysis is performed downwards to lower timeframes until the one, at which deals are performed. This analysis method seems to be a mandatory part of professional approach for successful trading. In this article, we will discuss multi-timeframe indicators and their creation ways, as well as we will provide MQL5 code examples. In addition to the general evaluation of advantages and disadvantages, we will propose a new indicator approach using the MTF mode.

Library for easy and quick development of MetaTrader programs (part III). Collection of market orders and positions, search and sorting

In the first part, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. Further on, we implemented the collection of history orders and deals. Our next step is creating a class for a convenient selection and sorting of orders, deals and positions in collection lists. We are going to implement the base library object called Engine and add collection of market orders and positions to the library.

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Alerts when price closes outside regression bands (Existing indicator)

Need to add alerts to existing regression channel indicator. 1. Looking for alert to be put on this indicator when a bar closes above or below the outside bands. If above its a bearish signal, if below its a bullish signal.  2....

Round number adjust

Adjust my EA trade signal and stoploss. if signal is within x pips to 100 round number adjust x pips above/below. Example: settings are- int pipsaway = 11;                     int levelclose = 15; A buy signal on GBP/USD at 1.56955 (this is...

Modification of EA

I WANT TO 2 MODIFICATION TO MY EA                       1) To place pending orders on recieving signal at x pips buffer price, ( at present it places only market orders) . pending orders are valid till next opposite     ...

EA from unknown indicator and template

I would like an EA created from an indicator I trade with manually.  -EA should open on order at candle close in the direction of closed candle color (gray for long and gold for short). -Lot size based on specifiable % of account balance and I would like the option to be...

Need a MT4 bit to buy/sell based on RSI and Stochastic Oscillator with a trailing stop loss

Need trades to open when the RSI is above or below an input level and the SO is either above or below the RSI and the SO lines cross each other with a trailing stop loss and a lot size that is also an input variable. Also will require source code as well.

TR_MaxBet Bot

I Spreadbet (£00.00 instead of Lots) using Renko charts and need an Indicator / EA to grab the  ... "Equity" ... "Margin" ... "Contract " ... "Market Price" ... from my MT4 then apply it to my equation. The answer will be the Maximum Bet available (capped at £100) and...

Indicator needed

I have a two EMA indicator I need done for my mt4 account. If you could back test it for me and show me pictures would be great. I have a set amount. Non negotiable 

MT5 plugin NOT EA, copier

hello im looking for MT5plugin programmer/developer (not EA) who is able to do following thing: i need to copy deal from one account to another one for exampe account1 will open 0.01EURUSD, so i need to open same position on account2...

Multi Time Frame Moving Average

I like to have the ability to view my Weekly, Daily, H4, H1 and M5 Moving Average in a single MT4 chart. There must has option to 1) Type of Moving Average 2) Period example 20,50,100 or 200 used 3) Text which show if its coning from Weekly , Daily etc ... with extended line projected to the...

AN EXPERT ADVICER BASED ON THE CCI INDICATOR STRATEGY.

  SpecificationHi, Looking for a developer to design an EA to trade crossovers of the CCI indicator.Parameters: Selectable Periods of 5 or 10. Applied to : Selectable - Weighted close or Close.Break even take profit of 20pips and trailing to exit criteria.Order: Selectable - Buy only,...

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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

Painting Deals

Painting Deals on active chart. It allows analyzing trade history on an account to which you have an investor (read only) password. Type of the arrow displayed indicated the deal type: Right Arrow means In and In/Out deals Arrow Left Left means Out deals.Blue arrows are for Buy deals and Red arrows are for Sell deals. The indicator displays deals in the real time mode, it also displays their Stop Loss and Take Profit levels. Put the mouse over the arrows to see the details of deals includ

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

Fast Copy MT5

The program allows to copy trades between different MetaTrader 5 and MetaTrader 4 accounts in any direction and amount quickly and easily. Any type of copying is available MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4 * full description How the program works The program copies transactions between two or more terminals installed on one "PC" or "VPS". You need to install the program in the "MASTER" mode on one terminal, it can be a terminal with a trading password or an investor pass

Majors Advantage

Работа Советника базируется  на  синтетических паттернах между ценой и индикатором(CCI). Данные паттерны были найдены и протестированны с помощью алгоритмов машинного обучения и селективного выбора на промежутке более 20 лет. Советник не использует в своей работе мартингейл или усреднение и другие опасные методы манименеджмента. Используются тейк профит и стоп лосс. Советник не чувствителен к спреду. Советник показывает стабильную работу на основных мажорах рынка. Советник полностью оптимизирова

Price Action Scalping

The Price Action Scalping Expert Advisor is based on Special Price Action. Combines with some indicators and AI (Artificial Intelligence) to get opportunities to entry * Features - Allow compound interest or Fix lots by user - Spreads protection, using pending orders (stop order) without any market orders - No grid. No martingale - A small Stoploss for every trade - Combines with RSI and Bollinger Bands indicators - Special Price Action, Special Artificial Intelligence (AI) * Setting --

Scalping Indicator Pro mt4

Scalping Indicator Pro is a powerful indicator that works in trend as well as non trending market conditions. This indicator is perfect for scalp trades as well as swing trades. Scalping Indicator Pro is not just an indicator, but a trading strategy itself. It doesn't requires any additional indicators for the trading setup. Check out the indicator in action. [Video demonstration below] Why use Scalping Indicator Pro? Great for novice traders as well as experienced traders.Low risk entries.Do

Asmani Pro

ONE OF THE MOST SAFE AND POPULAR EAs !! *  Low Risk / Consistent Profit EA. * Works on EURUSD and EURJPY on M15 Timeframe only. * Capital requirement : Minimum : $300 Ideal : $1000  MUST : Please go through following blogs before Back Testing or Using the EA 1)   General Strategy of Asmani Pro https://www.mql5.com/en/blogs/post/725758 2)   Inputs explained in detail for Asmani Pro 21.3 https://www.mql5.com/en/blogs/post/725759 3)   Backtesing for Asmani https://www.mql5.com/en/blogs

Automatic stops

Automatic stops monitors your account and automatically sets the values you enter in the EA for stop loss, take profit and also trailing stop. As long as the EA is attached on a chart it will set stops and offer automatic trailing to any new trades for that currency pair so you wont have to manually enter them every time you open a trade. Features include: Ability to select which trades should be monitored via magic number. You can leave the value to 0 to only monitor manual trades or to any

Dark Personal Grid

Dark Personal Grid is a fully automatic Expert Advisor for Extreme Scalping Trading. This Expert Advisor needs attention, in fact presents a High Operating Frequency. Dark Personal Grid is based on continuous openings, these Trades can be filtered with some indicators, Ma, Atr and Adx. The expert advisor is able to get a very high-rate of winning trades. Very often, I was asked if I had a robot with many operations, with this robot you can easily reach hundreds of orders a day. You can download

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Growth
923%
Subscribers
25
Weeks
59
Trades
349
Win
64%
Profit Factor
2.61
Max DD
29%
Growth
752%
Subscribers
32
Weeks
59
Trades
335
Win
66%
Profit Factor
2.26
Max DD
13%
Growth
1259%
Subscribers
4
Weeks
31
Trades
255
Win
61%
Profit Factor
3.29
Max DD
37%
Growth
265%
Subscribers
4
Weeks
27
Trades
289
Win
88%
Profit Factor
3.11
Max DD
26%
Growth
53%
Subscribers
6
Weeks
24
Trades
256
Win
94%
Profit Factor
2.67
Max DD
16%
Growth
6208%
Subscribers
129
Weeks
54
Trades
328
Win
77%
Profit Factor
2.33
Max DD
38%
Growth
21034%
Subscribers
196
Weeks
52
Trades
437
Win
89%
Profit Factor
4.98
Max DD
33%
Growth
3547%
Subscribers
24
Weeks
37
Trades
376
Win
59%
Profit Factor
1.95
Max DD
25%
Growth
13791%
Subscribers
15
Weeks
51
Trades
242
Win
91%
Profit Factor
4.82
Max DD
28%
Growth
8690%
Subscribers
47
Weeks
71
Trades
1334
Win
91%
Profit Factor
3.87
Max DD
49%