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

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

I know it isn't a new problem but with new ESMA rules (about leverages) it became "interesting" for me. Generally now we have a different leverage for each symbol. But I know only the function AccountLeverage() (or with the same result AccountInfoInteger(ACCOUNT_LEVERAGE) ) that provides something...

MT4 Signal mapping not correctly

hello, I have subscribed to a signal on MT4 that places an ".sm" at the end of every forex symbol ("EURUSD.sm" for example). However, my MT4 terminal does not recognize that symbol. Is there a way to get MT4 to recognize the symbol from that signal? So when it receivesa signal it can match it...

Growth percent drops one day from +500% to 125%

Hello, I have a big problem with my signal. Now my growth is around + 130%, when it was + 300% when I started and rising to over 500%. And one day fell more down than 400% to 125%. Maybe someone can explain why this happened? And what to do? Sincerely, Modestas

Are market products activations counted per computer or per metatrader installation?

Hi, As the title says: if I buy a product from the Market and I have 3 metatrader instances installed on a computer and activate the product on each of the instances. Will it be counted as 1 activation (same computer)? Or it will be counted as 3 activations (3 different metatrader installations)?...

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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,...

Indicators: Equity Chart

Equity Chart: The indicator displays the equity and balance charts. Author: transcendreamer

Machine Learning EA

Hi I have developed a machine learning algorithm in python and I wonder if I can implement it in MQL4 or MQL5. The thing is that the model needs training every week and it needs to score every hour that the market is open. Do you know if it is feasible? Kind Regards George

Parameter conversion not allowed

Hi i have a problem with type i think Some one can help me to understand how work it ? ty :) class IndicatorSettings{ public: IndicatorSettings ( ) {}};class RsiSettings : public IndicatorSettings{ public: RsiSettings ( ) : IndicatorSettings() {} };template < typename T...

METAEDITOR BUG

This code crashes metaeditor. I know it's because of recursion, however, it should not crash the entire program. #include <arrays/arrayobj.mqh>typedef bool (*ArrayFilterFunc) (CObject*);template <typename T>class objvector : public CArrayObj {protected: static objvector<objvector<T>*>...

How do you read this word : " GUI " ?

How do you read this word : " GUI " ? /ˌdʒiːjuː'aɪ/ or goo---ee

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

The power of ZigZag (part II). Examples of receiving, processing and displaying data

In the first part of the article, I have described a modified ZigZag indicator and a class for receiving data of that type of indicators. Here, I will show how to develop indicators based on these tools and write an EA for tests that features making deals according to signals formed by ZigZag indicator. As an addition, the article will introduce a new version of the EasyAndFast library for developing graphical user interfaces.

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.

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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I would like an EA , after back test will not produce more than 5-6 consecutive loss at most

I Need quite a simple EA/Strategy which will generate maybe a maximum of 6 consecutive losses. this should be applicable to most times frames and most currency pairs. it should execute minimum of about 5 trades in a day more details to follow

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Want to make an EA for grid trade.

Hello, I'm looking for an Expert adviser who will trade as GRID, Pls see details below also I attached example form. 1. The EA will place as on grid ( I will put the step) 2. There should be price limit (For buy and sell individual), When marker will exit the range the EA should not place any...

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Simple Info Dashboard

Hello guys, I want to make a simple dashboard information indicator. It should look like this (pic.1). From the top:- Pair symbol and timeframe- Bid price (this one should have bigger font and change the colors red/blue as the price is changing up and down). - Spread value- Time to next...

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Envelopes EA

I need an EA that trades based on distancing averages (envelopes) with the following requirements: 1 - Customization of the type of means applied (Simple, Exponential ...); 2 - Customization of the calculation period of the mean; 3 - Customization of the deviation from the mean...

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Trailing sl needed on 3 levels

i need a ea for trailing stop lloss for trades placed manually, once a position is opened and after it goes into desired direction it should move sl into 20 then 50 then 90 pips and then after gain of 20 pips it should move sl 10 pips

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Merge two indicators into one

i need a coder to merge two indicators into and thereafter bring out important features from the two after merging the indicators need multitime frame features indicators must be made to use less PC resources security of locking to account and expiry Indicators will be provided to coder

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Searching for a EA that makes $200 + a day in the mt4 format.

Hi, I am searching for an EA the makes $200 + a day in the mt4 format. I need the mq4 and the ex4 files If I decide to purchase it. I need it to never loose and work without mistakes. I need to try it for 10 days so please send me ex4 file. The ea needs low draw downs...

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Zulutrade API to copy trades from MT4

i need an already made api which can copy trades from a normal mt4 account to zulutrade via their API platform. Visit to have a look at the whole reference

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Creating a custom bit of code to use with www.eabuilder.com

i need someone to goto www.eabuilder.com, open an account (its free)... theres a custom code section and i need the code to be able to do the following... show the stats of how the indicator would have performed entry would be from a buy or sell arrow stop would be previous low based on zig zag...

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YBM BW

I have an existing EA but it was coded badly and I need to have debugged and optimized. The EA is to execute trades there has to be certain timeframe stochastic indicator and macd agreement:15min,30min,60min,120min30min,60min,120min,180min, or any time frame combination that is usedThe...

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.

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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

Price Info Panel

Introducing a compact and handy panel that shows the main parameter of the current price on a chart. The following information is displayed: The price value itself, a user can choose Bid, Ask or Last; Instrument name; Type of the price displayed; Spread size in pips; Stops level in pips; Change of price in pips comparing to the day start; Current daily range ( High - Low ) in pips; Average daily range in pips for the last 20 days.External parameters: Instrument Name - name of the i

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