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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.

RSI indicator code

Hi all I have used the code below to replicate the RSI indicator, as a small learning exercise, but I get different result then the built in one that I apply on graph. Why? Below is the screenshot, grey is the MT4 built-in one, blue is mine, both are calculated using Price_close. double RSI_14[];...

Indicator prev calculated variable issue

hi, I am experiencing problems with the prev calculated variable in indicators for mt4. In the first calculation its returning 10000(for example), in the next one - 0 (so far its normal).But after that it starts looping - one time 0, one time the same 10000, and this is causing the indicator to...

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..

Sine Wave Filter Formula

Hi Guys, Im new in programming. Someone who is skilled in mathematics has given me this formula, but I do not know how to use it. He told me this is the code of the program and you do not need anything else. But I do not know what is the variables X and Y? I tried to write this program but nothing...

Error with the mq id

Hi guys how I can fix this I cant do it :O Invalid MetaQuotes ID: Your MetaQuotes ID 'AADC4A22' was automatically cleared from profile, because it wasn't specified correctly I did put it in the profile / security section in but it isn't sending me the code to :O

Get in touch with developers using Service Desk!

Any new software inevitably contains bugs that are not alwayspossible to detect even under the most rigorous in-house testing. Wetherefore attach great importance to all user reports about issues inour programs and try to answer each one of them. In order to improve feedback from MetaTrader 5 end...

MT4 wingdings font or character bugs

Dear guys, some day ago I updated my windows 10 to Version 1903 Build 18362.175 Before that everything was good, But after update windows 10, MT4 shows all wingdings arrow code from index number 127 to 255 as below attached image. Is that any solution for this problem or just waiting to MT4 update...

How to adjust MT5 Pivot Point Indicator to work with MT4

I have this PP indicator that I have been using with MT% but things have changed and I am forces to go back to MT4. I have tried to play with it on my own but unfortunately is it not working as it should. Can anybody take a look and help me adjusting this ind to make it work with MT$. Your help will...

New user struggling with something very simple.

Hi All, I am currently trying to take baby steps in the world of MQL4. I am trying to load a very small amount of data into an array using:   do      {      count=CopyRates("GBPUSD",PERIOD_M15,0,10,test);      printf(string(count) + " " + string(GetLastError()));      Sleep(1000);      }   while...

Become an Author at MQL5.com!

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...

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.

Jobs for Freelancers

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

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Hello everybody! CCi indicator system

i have an really not hard job! it means i will have only 3-4 setting:  lotisze: tradingtime: max loss in account currency: have an default indicator for entrys only and also an indicator for closing! i will have an sourcefile! i accept only freelancers how have moore than 4...

PSAR and Semafor

Don’t know if this can be done. Bid on it if you KNOW you can do it. It uses 2 indicators. 1. The default PSAR. 2. The 3_level_ZZ_Semafor. Using the #2 and #3 (#1 is not used) Semafor signal, when the #2 or #3 appear, above/below the candle, a trade is initiated, But NOT opened! The...

Trendline break and price action ea

    I need an ea. that can trigger buy or sell order after 1. a trend line is broken and retested 2..and enter trade at sub sequent swing within the new trend (all the action must take place below or above moving average 21 respectively)  3....

Profitable EA needed

Hi everyone.I would like an EA that allows me to do from € 100 to € 150 a day with a low drawdown.The strategy used is not important (grid, averaging ,Hedge ..etc etc) the important thing is that it has a low drawdown and is very profitable.I ask you to send me your EA so I can try it for 2/3...

Scalper ea

I need a scalper ea based on a tested profitable setup. The programmer is free to bring in his suggestions  but the result is a profitable scalper with low drawdowns

Need EA Based on indicator

Hello  I have Mt4 Ea but i want it on Mt5 with little changes as below  1-time filter: to allow the expert to work during certain hours 2-Close at next : to close at opposite signal 3-Max trades: maximum number of open trades at same time 4-Max draw down: after which it...

Bot binary.com

I have this bot from binary.com,  is perfect. I  put in the bot, expected profit=100 stop loss= 500 win amount=5 initial amount=1 (the robot starts and when it gets to win 5 the bot ends.) I want to win 5 and start over with initials amount 1 in...

Fractal EA

HELLO,i'm currently looking for someone who will help me build a custom EA using fractals ,the ea should be able  to send out alerts once orders are executed,the ea should also have break even ...please note i will need this as soon as possible.thank you 

Convert an existing MT4 MA EA into MT5

My request is to convert an existing MT4 EA into MT5 . Expert have Grid logic, trailing stop , static profit, spread limitation, RSI indicator , automatic open and close of the orders etc.

Momentum onChart ea

It should open a Buy position when the Blue arrow appears and also close an exsisting sell trade when the Blue arrow appear, It should open a sell position when the Red arrow appears and close an exsisting Buy trade when the Red arrow appears. Information should display on the charts;...

MQL5 Programs Market

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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

MetaCOT 2 Williams Commercial Index COT MT5

MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders. These indicators, related to the fundamental analysis, can also be used as an effective long-term filte

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

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

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

Trading Signals

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Growth
909%
Subscribers
25
Weeks
59
Trades
347
Win
64%
Profit Factor
2.59
Max DD
29%
Growth
741%
Subscribers
33
Weeks
58
Trades
333
Win
66%
Profit Factor
2.24
Max DD
13%
Growth
254%
Subscribers
5
Weeks
26
Trades
280
Win
88%
Profit Factor
3.12
Max DD
26%
Growth
48%
Subscribers
5
Weeks
15
Trades
150
Win
76%
Profit Factor
2.02
Max DD
14%
Growth
52%
Subscribers
4
Weeks
24
Trades
255
Win
94%
Profit Factor
2.65
Max DD
16%
Growth
6172%
Subscribers
120
Weeks
53
Trades
323
Win
78%
Profit Factor
2.34
Max DD
38%
Growth
21034%
Subscribers
182
Weeks
52
Trades
437
Win
89%
Profit Factor
4.98
Max DD
33%
Growth
8690%
Subscribers
55
Weeks
71
Trades
1334
Win
91%
Profit Factor
3.87
Max DD
49%
Growth
13791%
Subscribers
17
Weeks
51
Trades
242
Win
91%
Profit Factor
4.82
Max DD
28%
Growth
3383%
Subscribers
21
Weeks
36
Trades
369
Win
59%
Profit Factor
1.91
Max DD
25%