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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 to calculate profit on an order?

Hello, I've used the below formula to display profit (or loss) on an open order. (Obviously the formula is different depending on buy or sell orders) MyProfit = (Bid-MyOpenPrice)*Number_Of_Lots*MarketInfo(Symbol(),MODE_LOTSIZE); This works fine for all orders except for USDJPY and EURJPY when it is...

Help with iAlligator indicator

All, I need some help with the coding iAlligator indicator    double jaw= iAlligator( NULL,0,J_Period,J_Shift,T_Period,T_Shift,L_Period,L_Shift,MODE_SMMA,PRICE_CLOSE,MODE_GATORJAW,1);    double teeth= iAlligator( NULL,0,J_Period,J_Shift,T_Period,T_Shift,L_Period,L_Shift,MODE_SMMA,PRICE_CLOSE...

Wingdings Error

Hi, A HAPPY NEW YEAR! Guys :) I'm struggling with Wingdings input int Code = 221;void OnStart()  { ObjectCreate(0,"TEST",OBJ_LABEL,0,0,0); ObjectSetInteger(0,"TEST",OBJPROP_XDISTANCE,200); ObjectSetInteger(0,"TEST",OBJPROP_YDISTANCE,200); ObjectSetInteger(0,"TEST"...

USD/CAD close to visiting resistance

The USD/CAD keeps its bullish trend, the next resistance may be the 1.3458 level and from there the price may try to stall or even break to the downside, but if oil keeps dropping, then we may see a breakout of that level. A breakdown of the bullish trendline may indicate a change in direction, but...

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..

Anyone have MACD EA?

Anyone have MACD EA? Macd histogram above zero line is buy signal. Macd histogram below zero line is sell signal. Open buy when histogram closed above zero line, and closed trade when sell signal occured. And sell when histogram closed below zero line, and closed trade when buy signal occured. Maybe...

any great idea about HEDGING positions welsome here

i am a professional trader that have been in the marketplace since 9 years ago . check tens of thousands of EAs , indicators , strategies like price action , ichimuko etc... and can assure you 99% of them not work in long term. because market is unpredictable and full of uncertainty. so no one can...

Indicators: Volatility Indicator

Volatility Indicator: Great indicator for Time series analysis as shows stationary properties. Indicator calculates the difference between a 14 period Double exponential moving average and price closes. Great to help identify unusual price activity. Author: QuantStrategies

Adding ANY symbol to MT5

Hello, I am new and was wondering if anyone knew how to add any symbol to MT5, if it helps I am also using AutoChartist with it. Thanks.

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.

Trading account monitoring is an indispensable trader's tool

Trading account monitoring provides a detailed report on all completed deals. All trading statistics are collected automatically and provided to you as easy-to-understand diagrams and graphs.

Expert Advisor featuring GUI: Adding functionality (part II)

This is the second part of the article showing the development of a multi-symbol signal Expert Advisor for manual trading. We have already created the graphical interface. It is now time to connect it with the program's functionality.

Integrating MQL-based Expert Advisors and databases (SQL Server, .NET and C#)

The article describes how to add the ability to work with Microsoft SQL Server database server to MQL5-based Expert Advisors. Import of functions from a DLL is used. The DLL is created using the Microsoft .NET platform and the C# language. The methods used in the article are also suitable for experts written in MQL4, with minor adjustments.

Visualizing optimization results using a selected criterion

In the article, we continue to develop the MQL application for working with optimization results. This time, we will show how to form the table of the best results after optimizing the parameters by specifying another criterion via the graphical interface.

Testing currency pair patterns: Practical application and real trading perspectives. Part IV

This article concludes the series devoted to trading currency pair baskets. Here we test the remaining pattern and discuss applying the entire method in real trading. Market entries and exits, searching for patterns and analyzing them, complex use of combined indicators are considered.

Deep Neural Networks (Part VII). Ensemble of neural networks: stacking

We continue to build ensembles. This time, the bagging ensemble created earlier will be supplemented with a trainable combiner — a deep neural network. One neural network combines the 7 best ensemble outputs after pruning. The second one takes all 500 outputs of the ensemble as input, prunes and combines them. The neural networks will be built using the keras/TensorFlow package for Python. The features of the package will be briefly considered. Testing will be performed and the classification quality of bagging and stacking ensembles will be compared.

How to create Requirements Specification for ordering a trading robot

Are you trading using your own strategy? If your system rules can be formally described as software algorithms, it is better to entrust trading to an automated Expert Advisor. A robot does not need sleep or food and is not subject to human weaknesses. In this article, we show how to create Requirements Specification when ordering a trading robot in the Freelance service.

Implementing indicator calculations into an Expert Advisor code

The reasons for moving an indicator code to an Expert Advisor may vary. How to assess the pros and cons of this approach? The article describes implementing an indicator code into an EA. Several experiments are conducted to assess the speed of the EA's operation.

Comparative analysis of 10 flat trading strategies

The article explores the advantages and disadvantages of trading in flat periods. The ten strategies created and tested within this article are based on the tracking of price movements inside a channel. Each strategy is provided with a filtering mechanism, which is aimed at avoiding false market entry signals.

Applying the Monte Carlo method for optimizing trading strategies

Before launching a robot on a trading account, we usually test and optimize it on quotes history. However, a reasonable question arises: how can past results help us in the future? The article describes applying the Monte Carlo method to construct custom criteria for trading strategy optimization. In addition, the EA stability criteria are considered.

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.

Converting a mql4 to mql5 expert advisor

I would like convert a mql4 expert advisor to mql5 expert advisor. So, I think it is a quick job, because the EXPERT ADVISOR is not so larger. Thanks. Take a look: extern string Ordercomment="FX_EA";extern bool   ecnBroker=false;extern int MagicID=12345678;extern double...

I need expert advisor based on fibo

i need help with my fibo expert advisor,the expert should be able to fit my trading strategy the ea should also be able to send notifications once orders are open,the ea should have a break even stop loss and a trailing stop loss.thank you

MA averager

I would like to know if it is possible to assemble an EA based on the management of the alternating moving average averager.The EA must manage the typical opening signal (both direction simultaneously), the averager, the distance, the multiplier of the distance, the lots etc ...In addition it must...

I would like to make an EA that will work based on candle.

1.       The trade will place when candle start (Yes/No). 2.       The trade will place middle time of the candle (Yes/No). 3.       The trade will place when the candle...

Code an Indicator & Script for a custom offline tick-based chart similar to renko/range bar charts

Hello, I need an MT4 indicator coded that is for a custom tick-based offline chart that does not exist.  I designed it, but it's similar to a renko or range bar chart. I did hire another excellent coder to start it, but it needs revision, so I already have version 1 as a foundation. With...

Fractal ea

hello everyone i need a custom ea that will be able to trade fractals combined with bollinger bands the ea should be able to draw object on chart,the ea should be able to trade limit order,and the ea should have a trailing stop loss.thank you

EA Based on a Indicator

HI,  I need to create a EA Based on a indicator . The indicator is just up and down arrow system Below features required .  MM Required  Customisable TP and SL  Trailing Stop Bid who can done it very fast .  Thank you 

Creation of new Expert Advisor

Hello everyone.   After working with the same programmer for many years, I find myself in the position of having to rely on other people to create expert advisor, as my contact has changed jobs.   I've been working in the financial world for 13 years. I have been developing...

Very Very Simple EA which takes only one hour to coding for Average coder

Very Very Simple EA which takes only one hour to coding for Average coder, Descriptions in the pictures, if need further information please come to chat, The trading direction (Buy or Sell needs to be decided by myself.

Multiple MA EA needs update

Hi, I have this Multiple Moving Average EA that I am working on. If all the Moving Averages align upwards, it should trigger a BUY signal and keep trading UNTIL a downward MA aligns. When a downward MA aligns, it should CLOSE the running trade then open the downward. 2.The STOPLOSS should be...

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!

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

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

Depth of Market

This is visualization tool based on the Depth of Market. It works with the symbols that have the Depth of Market available. It's a visual indicator that shows the volume of each Bid/Ask price and ratio of total volume of Bids/Asks. Note: check if your broker supports DOM before purchasing.

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

Hamster Scalping mt5

Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. The advisor needs a hedging account type Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is $100, use an ECN account with the minimum spread. Input parameters The product works both on 4 and 5-digit quotes. Spe

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

R747 BreakOut EA

R747 BreakOut EA is a fully automated Expert Advisor that analyzes the market trend and moves orders to breakeven. It contains a smart algorithm to determine the support and resistance levels based on the latest market trend and breakouts of these levels. This trend is calculated for a period that can be easily modified by user. This EA is fully customizable by user. For safer trading, it includes slippage protection as well as protection during high spreads on the market. It does not use mart

Dark Hole

Dark Hole is a fully automatic Expert Advisor for Scalping Trading and Intraday Trading. Dark Hole is based on an artificial intelligence algorithm that allows to predict and anticipate the trading Signals that it uses. In this way, the expert advisor is able to get a very high-rate of winning trades.  The Expert was tested on the whole available historical period of many currency pairs with exceptional results. You can download the demo and test it yourself. My tests were performed with the re

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

Hamster Scalping

Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is 100 USD, the recommended timeframe is M1. Use a broker with good execution and with a spread of 2-5 points. A very fast VPS is required, preferably with a latenc

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
92%
Subscribers
14
Weeks
18
Trades
302
Win
66%
Profit Factor
2.02
Max DD
20%
Growth
120%
Subscribers
24
Weeks
30
Trades
496
Win
66%
Profit Factor
1.47
Max DD
25%
Growth
186%
Subscribers
5
Weeks
62
Trades
2332
Win
77%
Profit Factor
1.40
Max DD
18%
Growth
356%
Subscribers
4
Weeks
20
Trades
1249
Win
73%
Profit Factor
1.35
Max DD
25%
Growth
926%
Subscribers
27
Weeks
69
Trades
2651
Win
76%
Profit Factor
2.11
Max DD
63%
Growth
37593%
Subscribers
275
Weeks
30
Trades
191
Win
76%
Profit Factor
2.75
Max DD
39%
Growth
6087%
Subscribers
54
Weeks
139
Trades
482
Win
74%
Profit Factor
2.44
Max DD
47%
Growth
639%
Subscribers
32
Weeks
99
Trades
2602
Win
69%
Profit Factor
1.47
Max DD
19%
Growth
185%
Subscribers
48
Weeks
95
Trades
697
Win
80%
Profit Factor
2.11
Max DD
14%
Growth
2105%
Subscribers
9
Weeks
45
Trades
821
Win
71%
Profit Factor
2.60
Max DD
36%