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.
FREE Institutional Forex Indicator Tool For Forex Trading
Do you know what gives Institutional Traders higher edge than ordinary traders? Simple.... They see, and have much data that gives them serious advantage over retail traders. Here's a FREE Institutional Trading Tool that displays exactly what they see (Live Data From MyFxbook API, Info on 70+...
BUG: Stop loss tooltip displays incorrect loss value
When using Stop Limit order, Stop loss tooltip displays incorrect value calculated from Stop limit value instead of limit value. Might be good idea to check the Take Profit calculation. MT5 V: 5.00 build 2007
Maximum level for signal and fees
Hi, I have 2 questions: 1. From what draw down level MQL5 does not permit subscription to a signal? 2. How much is the signal seller fees to MQL5?
Is possible to publish EA as signals
Currently I have 6 EA doing my trades in future indices. Can I create a signal for each EA ? And the other end follow each signal or all together ?
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,...
MT4 is not showing % of drawdown
Hello Any idea of why mt4 is not showing % of drawdown ? kind regards
Metatrader not saving EA settings in Backtest
Hey, I get a really annoying problem these days. After resetting my OS and installing Metrader 5, each time I want to run an EA in the Tester, I'm not able to change the input parameters. They are automatically reseted to the default parameters in the Sourcecode. It makes me crazy...!! Looking...
RSI Sensitivity - Help
Hello everyone! I have developed an indicator to draw RSI sensitivity (for the sake experiment). What I want it to draw, is two lines which gives RSI sensitivity each for a bearish and bullish candle. But it draws nothing. Can anyone help me to find where I took the wrong turn? The code is attached....
Indicators: Simple moving average
Simple moving average: Simple moving average Author: Mladen Rakic
Is trading allowed on a custom MT5 symbol ?
Hello, I ask the question because it seems to be the way to have a Renko graph on which I can put a trading robot. However, I don't see the Depth of Market button and the Trading button in the top left of the Custom Symbol graph. Is there a solution, please? Thank you to you for your help
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.
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.
Create news EA that displays vertical dotted lines on my chart with angled description of news
Create News alert EA that will post a dotted vertical line on exact candle that news will report, there should be 3 levels of news to select from normal, medium and important news yellow normal, orange medium red important. There should also be a setting to select which news importance i want to...
Signal indicator mit Stats
Can someone program a signal indicator "EMA Cross.mq5" ? EMA(13), EMA(5) when crossing up: - Signal BUY + TakeProfit and StopLoss- Signal Close SELL when crossing down: - Signal Sell + TakeProfit and StopLoss- Signal Close BUY Show the history of the signals + result on the chart...
Breakout EA
I want to create a breakout EA it will monitor the prices for 2 hours and then open pending orders both ways with profit targets and stop loss I should be able to insert multiple setups for the breakout windows like one for each trading session for example the EA...
Fix a bug on an EA which uses default MetaTrader indicators
We need a simple bug-fix to have the same behavior from the attached EA and the attached indicator (the indicator is correct). EA prints its log using printf() and the indicator prints it on a log file. All the information is at https://www.mql5.com/en/forum/307438
Trade management / martingale type EA
I NEED A TRADE MANAGEMENT EA THAT CAN MANAGE POSITIONS OPENED MANUALLY UNTIL THEY BECOME PROFITABLE BEFORE CLOSING USING THE TERMS THAT WILL BE PROVIDED ON APPLICATION THE EA WILL OPEN NEW TRADES IN FAVOUR OF THE MANUALLY TRIGGERED TRADE USING PREDETERMINED LOT SIZES IN FOUR(4) LEVELS EACH LEVEL...
Calling Strategy Tester of Metatrader from Python
I need a developer to create an integration between MQL4 and Python for executing strategies from the python language. The system should use the Metatrader Strategy Tester module and save csv files with some statistics.Currently I perform this work manually by changing the expert advisor code to...
EA / Indicator required
Hi All I'm looking forward to hire someone for the below work, pardon me for my shortcodes and unorganized writings! I've written some basic Mq4 and AFLs and combined some available resources to make a trading system. I'm a real beginner in mq4 so I'm finding it hard to code much in...
Price target and round levels Indicator.
Step 1: indicator plot round levels in levels of 50 pips, eg, at 110.500 and at 111.000 (in USDJPY). But should also work in EUSUSD and GBPUSD Step 2: Indicator has setting to divide the levels by two, so add a level at 25 pip point. Step 3. Indicator Looks at candle formation to Identify take...
EA: open trade from TELEGRAM to MT4
Hi,I need a EA that open trade from a telegram channel directly to MT4:1) Telegram channel post an image with corss name eg: EUR / USD ****2) under this image there is price value entry (Bid - Sl -TP) as : SELL 1.5174TP 1.5154 (20 pips) 1th tradeTP 1.5124 ...
Profitable EA needed
Hello, I am looking for a profitable EA that makes $200 + a day in the mt4 format. I need the mq4 and the ex4 files If I decide to purchase it.I would like a non-martingale EA with the optimization settings. I need to backtest so please send me ex4 file. The ea needs low draw downs and works...
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
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 4 COPIES LEFT AT 350$ !! NEXT PRICE: 400$ 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
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!
- Growth
- 606%
- Subscribers
- 39
- Weeks
- 46
- Trades
- 278
- Win
- 62%
- Profit Factor
- 2.07
- Max DD
- 13%
- Growth
- 122%
- Subscribers
- 67
- Weeks
- 13
- Trades
- 389
- Win
- 64%
- Profit Factor
- 1.41
- Max DD
- 12%
- Growth
- 1360%
- Subscribers
- 11
- Weeks
- 57
- Trades
- 451
- Win
- 74%
- Profit Factor
- 6.53
- Max DD
- 45%
- Growth
- 29%
- Subscribers
- 21
- Weeks
- 6
- Trades
- 182
- Win
- 60%
- Profit Factor
- 2.40
- Max DD
- 3%
- Growth
- 96%
- Subscribers
- 4
- Weeks
- 25
- Trades
- 579
- Win
- 100%
- Profit Factor
- n/a
- Max DD
- 33%
- Growth
- 4395%
- Subscribers
- 24
- Weeks
- 129
- Trades
- 1140
- Win
- 76%
- Profit Factor
- 1.78
- Max DD
- 32%
- Growth
- 3424%
- Subscribers
- 43
- Weeks
- 41
- Trades
- 204
- Win
- 77%
- Profit Factor
- 1.86
- Max DD
- 38%
- Growth
- 5567%
- Subscribers
- 18
- Weeks
- 29
- Trades
- 248
- Win
- 72%
- Profit Factor
- 2.40
- Max DD
- 25%
- Growth
- 13924%
- Subscribers
- 576
- Weeks
- 166
- Trades
- 367
- Win
- 86%
- Profit Factor
- 16.29
- Max DD
- 19%
- Growth
- 947%
- Subscribers
- 19
- Weeks
- 60
- Trades
- 493
- Win
- 71%
- Profit Factor
- 3.19
- Max DD
- 42%