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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.

How do I calculate risk?

If I use a leverage of 500, in how many cross hair pips will a lot of 0.04 stop out, assuming a POINT of 0.00001 on a balance of 200 USD?

USD/JPY Analysis

Well, the asset moves as I’ve predicted. I think that I can earn even more on USD/JPY! Definitely, the show must go on =) 

GBP/USD forecast

I’m having a little loss right now, but I think I’ll close the deal with profit.  

Eurusd/gbpusd

This thread is all about trading the euro and GBP/USDU using Metatrader indicators, Neural Net and general technical analysis. This site is rich with indicators and systems so let's work together to make more pips using our accumulated expertise. Notch aka Firscall P.S. Feel free to post!

Eur/usd news

Hey dear members... Could you please tell me wich NEWS of economic calender will have a big impact on the EUR/USD Like yesterday the USD Unemployment Rate (FEB), USD Change in Non-farm Payrolls (FEB)? I need to know wich news will make the eur fall or rise that much ! Thx

Using extern variables to set MA method into an EA

Hello, I'm trying to make the trader able to set MA type on an EA, I tried this coding: enum MA_Method {   Simple = 0,   Exponential = 1,   Smoothed = 2,   LinearWeighted = 3};input MA_Method Mode = Simple;double SlowMA = 200;//...//Some Coding//...double SlowMA = iMA(Symbol(),Period(),SlowMA,0,Mode...

order send error 138

Puria.mq4 #define MAGICMA  20050610 extern string Trades             = "Настройки торговых операций"; extern double MaxRisk            = 0.2; extern double Lots               = 0.1; extern int TakeProfit            = 150; extern int MinProfit             = 100; // минимальный профит extern double...

Withdraw Options Help..

"WebMoney payment system will soon be disabled and will no longer be available for withdrawal operations" is it forever ? or will be available soon.....

New to forex trading

Hello everyone I am new to forex trading I just wanted to know where you guys learned and also how long does it take for someone to get the hang of trading  thank you

Perfect Indicator and Trading Rule for identifying a SideWays Market only for day trading the EuroDollar.

Perfect indicator Non-trending EuroDollar market during EU-US session = Flat or horizontal M6 (Six minute chart) 50 Exponential Moving Average with 10 Exponential Moving Average oscillating below and above it. EuroDollar Day Trading Rule: On the second 10 crossing 50 - both with a horizontal 50,...

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.

Testing patterns that arise when trading currency pair baskets. Part III

In this article, we finish testing the patterns that can be detected when trading currency pair baskets. Here we present the results of testing the patterns tracking the movement of pair's currencies relative to each other.

The Channel Breakout pattern

Price trends form price channels that can be observed on financial symbol charts. The breakout of the current channel is one of the strong trend reversal signals. In this article, I suggest a way to automate the process of finding such signals and see if the channel breakout pattern can be used for creating a trading strategy.

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.

Automatic Selection of Promising Signals

The article is devoted to the analysis of trading signals for the MetaTrader 5 platform, which enable the automated execution of trading operations on subscribers' accounts. Also, the article considers the development of tools, which help search for potentially promising trading signals straight from the terminal.

Risk Evaluation in the Sequence of Deals with One Asset. Continued

The article develops the ideas proposed in the previous part and considers them further. It describes the problems of yield distributions, plotting and studying statistical regularities.

Night trading during the Asian session: How to stay profitable

The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions.

Momentum Pinball trading strategy

In this article, we continue to consider writing the code to trading systems described in a book by Linda B. Raschke and Laurence A. Connors “Street Smarts: High Probability Short-Term Trading Strategies”. This time we study Momentum Pinball system: there is described creation of two indicators, trade robot and signal block on it.

Creating a custom news feed for MetaTrader 5

In this article we look at the possibility of creating a flexible news feed that offers more options in terms of the type of news and also its source. The article will show how a web API can be integrated with the MetaTrader 5 terminal.

The NRTR indicator and trading modules based on NRTR for the MQL5 Wizard

In this article we are going to analyze the NRTR indicator and create a trading system based on this indicator. We are going to develop a module of trading signals that can be used in creating strategies based on a combination of NRTR with additional trend confirmation indicators.

Testing patterns that arise when trading currency pair baskets. Part II

We continue testing the patterns and trying the methods described in the articles about trading currency pair baskets. Let's consider in practice, whether it is possible to use the patterns of the combined WPR graph crossing the moving average. If the answer is yes, we should consider the appropriate usage methods.

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.

Stop loss and trailing stop ea required

Is this possible I spread bet in the U.K. And would likeI would like something written that the moment I take a trade 1. A stop is put at an adjustable amount either above or below the previous candle.2. The trade is moved to break even at an adjustable percentage of the initial stop once the...

Clearing the Error and modifying Steve Hopwood's MACD Divergence EA from FX5 MACD Divergence indicator

Hi, I need someone to help me clear the errors in this free MACD Divergence EA by Steve Hopwood. It does not load up in MT4. I compiled it and it shows errors. Then modify it.

Harmonic Patterns EA

I need a programmer to do an Expert advisor with harmonic patterns and fibonacci I'll give you the mq4 file and you make an EA with the built-in indicator, all in one file, put 2 strategyes that i'll explain to you when we start the job of course need all the rest: splitlot, trailingstop,...

I need an simple EA operating with 3 Moving Average (MA). MA 1 is the signal of direction, MA 3 is entry point, and MA 2 is exit point.

I need an simple EA operating with 3 Moving Average (MA). MA 1 is the signal of direction, MA 3 is entry point, and MA 2 is exit point.   Condition: BUY -          When the price above MA 1, looking for BUY...

Create Expert using 3 indicator (2 custom, 1 default indicator) and have 4 lot calculation mode (lot progression)

I need a programmer to code an EA that will open an order based on arrow signal of my indicator (Setindex buffer codes are included in EX4 files) Details of indicator: 1. ScalarArrow: this will be an order trigger, it will show up and down arrow, on the beginning of candle 2. ScalarHistogram:...

Develop Daily Pivot EA

I need somebody to modify this code  I have already started but don't seem to get it to work during back testing and make it into a simple EA. I am back testing on M15 time frame. I need it to be able to calculate the daily pivot as it is moving on each day irrespective of the time frame it is...

محمد احمد

 لقد أنا قدمت ولكن أنا لست أفضل المبرمج وأنا جديدة على الفوركس أود شخص ما لتشغيل الاختبارات وتحسين استراتيجيتي مع إي للحصول على معظم الأرباح مع أقل قدر ممكن من المخاطر. شكرا

Mohamed eltellawy

تحديد المواقع الخاصة بك. وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف وصف...؟سيؤدي وصفه إلى حد ما.تذكر: من تذكر: من الأفضل أن تنفق ثلاثين دقيقة لإعداد نص جيد من لانقاص ساعات وأيام لحل سوء الفهم بعد إبرام الاتفاق...

Sure Pips

Give me an indicator or E.A. that: Does not repaint-So it can be price action based or anything.Makes 10 pips minimum Works on any asset-currencies, commodities etcHigh win to loss ratio.Trades From M30 upward...I don't want to state the way in which you should do it, Just give me something...

MT4 EA based on my custom indicator.

The EA will be taking trades using three time frames. 4H, 1H and 15M time frames. ARROWED INDICATOR WILL BE PROVIDED   BUY: A buy trade is open when the following condition is met 1.       Closed candle with  arrow in 4H TF 2...

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!

Synchronized Charts

The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol. Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time.

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

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

Virtual pending buy stop order

The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels. Main Purposes Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the marke

TrueVolumeSurrogate MT5

This indicator provides a true volume surrogate based on tick volumes. It uses a specific formula for calculation of a near to real estimation of trade volumes distribution, which may be very handy for instruments where only tick volumes are available. Please note that absolute values of the indicator do not correspond to any real volumes data, but the distribution itself, including overall shape and behavior, is similar to real volumes' shape and behavior of related instruments (for example, cu

Belkaglazer

Belkaglazer is a fully automated Expert Advisor allowing to build diverse trading strategies. The EA is based on 3 generalized models: PriceChannel, Pivot, PriceAction. The models have a clear logic. The EA has a modular structure; The models can be used in combination with the following strategies: breakout, momentum or mean-reversion; The EA is designed to give a scope for creativity and research. Supports Limit/Stop and Market orders. Works with Instant and Market execution;

PipFinite Trend PRO

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 Test the demo version and explore its featu

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

Advanced Scalper

Advanced Scalper is the result of more than 15 years of studying the markets and programming expert advisors. It uses very advanced exit-algorithms and has a build in spread-filter and slippage-control algorithms. It is fully customisable to suit the client's needs and offers many setup possibilities. Of course there are also recommended settings which will be available in the comments-pages. The basic logic of the EA is already running for more than 2 years on live accounts with success. These

Advanced Dashboard for Currency Strength and Speed

This dashboard software is working on 28 currency pairs. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the entire market using a single indicator on your chart to pinpoint trends and or scalping opportunitie

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!

Growth
346%
Subscribers
30
Weeks
21
Trades
96
Win
90%
Profit Factor
52.41
Max DD
31%
Growth
1316%
Subscribers
20
Weeks
18
Trades
225
Win
100%
Profit Factor
n/a
Max DD
41%
Growth
474%
Subscribers
10
Weeks
39
Trades
1750
Win
78%
Profit Factor
2.00
Max DD
63%
Growth
1960%
Subscribers
8
Weeks
47
Trades
161
Win
100%
Profit Factor
n/a
Max DD
90%
Growth
39%
Subscribers
5
Weeks
70
Trades
120
Win
79%
Profit Factor
2.45
Max DD
34%
Growth
1813%
Subscribers
14
Weeks
38
Trades
2769
Win
59%
Profit Factor
1.46
Max DD
29%
Growth
2040%
Subscribers
21
Weeks
264
Trades
7431
Win
69%
Profit Factor
1.46
Max DD
34%
Growth
970%
Subscribers
14
Weeks
72
Trades
866
Win
74%
Profit Factor
2.80
Max DD
31%
Growth
1091%
Subscribers
103
Weeks
51
Trades
436
Win
78%
Profit Factor
2.94
Max DD
39%
Growth
822%
Subscribers
58
Weeks
57
Trades
437
Win
85%
Profit Factor
2.25
Max DD
29%