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

Thenew MQL5 Community website at http://www.mql5.com keeps developing. Weinvite all of you to make your contribution to this development. Thenew MQL5is the evolutionary continuation of MQL4. The new language ischaracterized by the support of object oriented programming, by ahigher code execution...

Trading: Mathematics in Trading: How to Estimate Trade Results

New article Mathematics in Trading: How to Estimate Trade Results has been published: We all are aware of that "No profit obtained in the past will guarantee any success in future". However, it is still very actual to be able to estimate trading systems. This article deals with some simple and...

MetaTrader 5 Python User Group - the summary

The Main Study Python Releases for Windows - website, MetaTrader5 : Python Package - website ---------------- The Article ... ---------------- The Video ... ---------------- The CodeBase Optimal F for MQL5 (per Ralph Vince) - library for MetaTrader 5&nbsp, ZeroMQ asynchronous communication -...

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I can not use MQL5 signal copying ??? it says: "The volume of copied trade operations may not coincide with the initial volume of trade operations at Provider side"

Hello traders, Sorry if this question has already been answered... but I am having trouble subscribing to a signal, the first message that I get reads: " The volume of copied trade operations may not coincide with the initial volume of trade operations at Provider side. Volume settings of the...

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How can I convert the commission to pips/doubles to use it in my risk-management-code?

Hello forum, I have my entry and my stop-loss and I want to calculate the lot size according to my risk-management. It works fine and this is how I do it: double pipRisk = MathAbs(orderOpenPrice-orderStoploss);double lotSize = AccountBalance()*0.01 / pipRisk / (MarketInfo(_Symbol,...

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pls help !!! my ea open only sell order

i tried to test my ea by the strategy tester , but it open only sell order. what 's wrong? //+------------------------------------------------------------------+//| 200SMA_CCI25.mq4 |//| Copyright 2015, MetaQuotes Software...

Correlation of Currency Pairs

Hi, Anyone could help me explaining the concept of correlation of currency pairs? I just need to understand, with an example (if possible), how can currency pairs be measured throughout correlation. Thanks in advance!

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many bugs in MT5 tester?

I just download the last version of MT5 and preformed a fresh install I have a few problems with the tester. The demo account is 10.000 if you look at the screenshot you will notice in the red square how can I have profit of 2788 and a results of 57161 ? I should have a profit of 47161, the pass...

Trading Signals on the Mobile app

Hello MT5 newbie here i'm about to subscribe to a trade signal provide, My question is would i be able to receive trade signals on the MetaTrader 4 or the MetaTrader5 mobile app since i don't always have access to my PC or is it only on the desktop applications i can receive trade signals

My Seller Account Not Approve

I have opened my account in mql5 which has been more than 6 months and has not been opened yet, I have completed all the document and multi, still my account is still unapproved, Please Solution

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

Studying candlestick analysis techniques (part I): Checking existing patterns

In this article, we will consider popular candlestick patterns and will try to find out if they are still relevant and effective in today's markets. Candlestick analysis appeared more than 20 years ago and has since become quite popular. Many traders consider Japanese candlesticks the most convenient and easily understandable asset price visualization form.

The power of ZigZag (part I). Developing the base class of the indicator

Many researchers do not pay enough attention to determining the price behavior. At the same time, complex methods are used, which very often are simply “black boxes”, such as machine learning or neural networks. The most important question arising in that case is what data to submit for training a particular model.

Practical application of correlations in trading

In this article, we will analyze the concept of correlation between variables, as well as methods for the calculation of correlation coefficients and their practical use in trading. Correlation is a statistical relationship between two or more random variables (or quantities which can be considered random with some acceptable degree of accuracy). Changes in one ore more variables lead to systematic changes of other related variables.

Applying Monte Carlo method in reinforcement learning

In the article, we will apply Reinforcement learning to develop self-learning Expert Advisors. In the previous article, we considered the Random Decision Forest algorithm and wrote a simple self-learning EA based on Reinforcement learning. The main advantages of such an approach (trading algorithm development simplicity and high "training" speed) were outlined. Reinforcement learning (RL) is easily incorporated into any trading EA and speeds up its optimization.

Practical Use of Kohonen Neural Networks in Algorithmic Trading. Part II. Optimizing and forecasting

Based on universal tools designed for working with Kohonen networks, we construct the system of analyzing and selecting the optimal EA parameters and consider forecasting time series. In Part I, we corrected and improved the publicly available neural network classes, having added necessary algorithms. Now, it is time to apply them to practice.

Martingale as the basis for a long-term trading strategy

In this article we will consider in detail the martingale system. We will review whether this system can be applied in trading and how to use it in order to minimize risks. The main disadvantage of this simple system is the probability of losing the entire deposit. This fact must be taken into account, if you decide to trade using the martingale technique.

Horizontal diagrams on MеtaTrader 5 charts

Horizontal diagrams are not a common occurrence on the terminal charts but they can still be of use in a number of tasks, for example when developing indicators displaying volume or price distribution for a certain period, when creating various market depth versions, etc. The article considers constructing and managing horizontal diagrams as arrays of graphical primitives.

Analyzing trading results using HTML reports

The MetaTrader 5 platform features functionality for saving trading reports, as well as Expert Advisor testing and optimization reports. Trading and testing reports can be saved in two formats: XLSX and HTML, while the optimization report can be saved in XML. In this article we consider the HTML testing report, the XML optimization report and the HTML trading history report.

Selection and navigation utility in MQL5 and MQL4: Adding auto search for patterns and displaying detected symbols

In this article, we continue expanding the features of the utility for collecting and navigating through symbols. This time, we will create new tabs displaying only the symbols that satisfy some of the necessary parameters and find out how to easily add custom tabs with the necessary sorting rules.

Practical Use of Kohonen Neural Networks in Algorithmic Trading. Part I. Tools

The present article develops the idea of using Kohonen Maps in MetaTrader 5, covered in some previous publications. The improved and enhanced classes provide tools to solve application tasks.

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

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Add Alert to Indicator

description for the job; Add sound and arrow alert when indicator change color. Alert should trigger on the close of the candle. Include options to change arrow size and color.

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Telegram channel signals executing orders automatically in the metatrader.

I need my Meta Trader to automatically execute the signals sent from a Telegram channel.I need to have the option to choose which currencies do not trade, and also to change the volume according to the currency pair.Attached are examples of the signals in the telegram channel.

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PROGRAMMA PER TESTARE INDICATORI

siccome ci sono molti indicatori sia vecchi che in continuo aggiornamento cerco un programma che mi permetta di testare qualsiasi indicatore per vedere se funziona con quale % in modo da scegliere il meglio che ci sia sul mercato su metatrader 4 (optionfield)binario per indicatori binari se ci fosse...

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Multi Symbol Multi Timeframe MACD Auto Trader

Multi Symbol Multi Timeframe MACD Auto Trader on single window panel. Quick example ... MultiTrader ---> click on the link. Full Automation on placing trades on entry and exit. Close All Open Positions button. Must be a creative and problem-solving developer. Programmer must provide...

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Convert Tradingview indicator into MT4 indicator

Hi! I'm looking for someone to convert the Tradingview indicator "Volatility-calibrated ATR" to MT4. The indicator would paint up and down arrows, and alert also, when a new signal has been generated. Unfortunately I cannot add the link to the indicator at the moment, but if you can use Google...

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Simple Risk Manager

Hi, I would be very grateful someone could make me a risk manager EA for the trade copying systems that I copy. All I need is an EA which has the following parameters: -Maximum % stop loss on each individual trade - (If floating drawdown reaches this % amount, the trade will be...

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Multiple Chars in MT4 off one watclist

Hi, I want to be able to scroll down the Market Watch list, using the arrows on my keyboard and then multiple charts load for that FX pair. Key Points. 1. Want to use the arrows on the keyboard, and not drag and drop. 2. Can this be done direct from the market watch, or does another watch list...

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Add little changes to already existing stochastic ea

have a simple EA based on stochastics and EMA that i need to modify. simply put my robot works when by the stochastics triggering the trade while the ema determines direction. the EMA is a 200/80 cross ema to determing the direction of the market. then a stochastics arrow indicator...

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Build an EA based on indicator signal using 2 time frames with required parameters & display required information on mt4 screen.

Need a programmer who can build an EA based on indicator using 2-time frames with required parameters, specifications and display information on the mt4 screen. A quote is fixed, reply me back asap for more information.

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I need a EA bot to help me make PIPs

Hi I basically need a EA bot that is going to help me make pip's I'm not fussed about strategies used ect or for which currency pairs. I just want a bot that will help me make profit and will automatically open and close trades for me while I am at work. I want to be opening as many trades as...

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

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

The One MT5

Search no more. This is The One! The One is based on Patterns Recognition and statistical / probabilistic approach to their outcome. This is not just the EA but rather a complex research project with the ultimate goal to create a perfect trading robot. So, this is not a closed project and there will be updates / developments and improvements. Every trade has fixed Stop Loss and Take Profit. NO Martingale / Grid involved. The EA trades with Multiple Orders. This is the way the EA accumulates

Neural Hunter MT5

The multi-currency advisor Neural Hunter trades according to signals generated by an advanced system of indicators. The advisor also relies on a robust neural network that filters false signals. By default the Neural Hunter advisor has been trained to trade the following symbols: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY. The Neural Hunter advisor is ready for the fully automated trading with these symbols. This is a link for general discussion of the advisor: https://www.mql5.

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

Grid King MT5

!! PROMO -> ONLY 1 COPY LEFT AT 300$ !! NEXT PRICE: 350$ Grid King is a revolution in 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 all have a limited effect on the account-equity. Where almost all grid systems will blow your account wh

Max Mixed Hedging DC

Attention!!! Do not try to test an Expert Advisor in Tester, this is simply impossible and meaningless, since the principle is based on multi-currency trading, that is, the robot opens several positions at once on different instruments. The tester is able to test only one pair. Therefore, a separate real account is attached to the product, where you can constantly monitor all trading results: https://www.mql5.com/en/signals/491068, which is much more convincing and weightier than any tests, and

Bruces Price Predictor

This is an arrow indicator that shows precise price reversals. A great arsenal to add to any chart. Bruce's Price Predictor points price reversals with high degree of accuracy and it is great for scalping on the 1min time frame, Or swing trading on the 1hr time frame. Buy and sell arrows are shown on the chart as for entry signals. They do not repaint but confirmation entries with ALERTS are formed after the close of the candle or bar close. *Great For Scalping *Great For Swing Trading *For

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

AW Recovery System

Advisor is designed to reduce drawdown on the account. The author's algorithm locks the unprofitable position, splits it into many separate parts, and closes each of them separately. It is the use of closing losses by parts to reduce losses with a smaller deposit load, which ensures a safer operation with losses, in contrast to the grid strategies of closing orders only in whole groups. How is the restoration of orders The Expert Advisor closes the other windows of the selected tool in order

Price Action Diver Power

PRICEACTION DIVER POWER is a ready-made trading system which independently analyzesthe market and determines the key moments of price reversal and rollbackaccording to the rules of Divergence and Convergence. Theindicator gives clear signals about opening and closing trades, as well asshows the levels for placing Take Profit. All tradealerts duplicate in the form of PUSH-notifications. You can place a tradingplatform with indicator PRICE ACTION DIVER POWER on the VPS-server, receive trading si

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

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FX trading 1