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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.

New MetaTrader 5 Platform build 1860: MQL5 functions for operations with bars and Strategy Tester improvements

New MetaTrader 5 Platform build 1860: MQL5 functions for operations with bars and Strategy Tester improvements The MetaTrader 5 platform update will be released on June 15, 2018.This platform update is only available for terminals running on Windows 7 and later operating systems. Earlier Windows...

Why Does This Code Work?

'New_Experts' obtains its value from 'Quantity', which obtains its value from 'Experts'... So how can 'New_Experts' and 'Experts' ever have a different value, therefore allowing the condition 'if (Experts!=New_Experts)' to return true?...

Please help me with EMA calculation

Hello! I need a quick help with EMA calculation. I seem to be very close, however its incorrect around the 5th decimal place in EURUSD 1M. Any ideas? What's with this? Looks like something with the normalizing? Heres the EA that calculates the EA attached. Can you provide the correct way to have it...

Indicators: Trending or Ranging and Trend Strength Indicator

Trending or Ranging and Trend Strength Indicator: The indicator shows the power of the trend that is in place and whether a pair is trending or ranging. Many user adjustable variables. Author: marc weedbrook

Indicators: Trend Envelopes of Averages

Trend Envelopes of Averages: Trend Envelopes with an option to chose smoothed/filtered price in calculation instead of using "raw" prices. The usage of filtered prices lessens the number of signals and, depending on your trading style, can be used to filter out undesired signals. To have...

Why many retail traders loss in 90 trading days

It is very sad that majority of the people that get involved in the forex business end up losing their money but I will explain the major reasons why this happens below: 1. Leverage and Margin - Trading on margin seems like a fast way to make quick profit however, this gives birth to greed as a...

Experts: Expert_RSI_Stochastic_MA

Expert_RSI_Stochastic_MA: The Expert Advisor uses three indicators: MA(150), RSI(3) with levels 80 and 20, Stochastic(6, 3, 3) with levels 70 and 30. Author: Vladimir Karputov

The UK based broker Darwinex chooses MetaTrader 5

The fast growing asset management broker has offered its clients to move to the next level of trading. By launching MetaTrader 5, the broker supports the current industry-wide shift to MetaQuotes' multi-asset platform. Darwinex positions itself as a way for talented traders to fast-track their...

The thread about threads: what's going around the forum everywhere

In this thread I will try to describe about what the other forums and websites are discussing.

Firebird EA

Firebird v0.65 EA. M30 timeframe. 4 main pairs.

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.

ZUP - Universal ZigZag with Pesavento patterns. Search for patterns

The ZUP indicator platform allows searching for multiple known patterns, parameters for which have already been set. These parameters can be edited to suit your requirements. You can also create new patterns using the ZUP graphical interfaces and save their parameters to a file. After that you can quickly check, whether these new patterns can be found on charts.

Synchronizing several same-symbol charts on different timeframes

When making trading decisions, we often have to analyze charts on several timeframes. At the same time, these charts often contain graphical objects. Applying the same objects to all charts is inconvenient. In this article, I propose to automate cloning of objects to be displayed on charts.

Multi-symbol balance graph in MetaTrader 5

The article provides an example of an MQL application with its graphical interface featuring multi-symbol balance and deposit drawdown graphs based on the last test results.

Deep Neural Networks (Part V). Bayesian optimization of DNN hyperparameters

The article considers the possibility to apply Bayesian optimization to hyperparameters of deep neural networks, obtained by various training variants. The classification quality of a DNN with the optimal hyperparameters in different training variants is compared. Depth of effectiveness of the DNN optimal hyperparameters has been checked in forward tests. The possible directions for improving the classification quality have been determined.

Comparing speeds of self-caching indicators

The article compares the classic MQL5 access to indicators with alternative MQL4-style methods. Several varieties of MQL4-style access to indicators are considered: with and without the indicator handles caching. Considering the indicator handles inside the MQL5 core is analyzed as well.

How to create a graphical panel of any complexity level

The article features a detailed explanation of how to create a panel on the basis of the CAppDialog class and how to add controls to the panel. It provides the description of the panel structure and a scheme, which shows the inheritance of objects. From this article, you will also learn how events are handled and how they are delivered to dependent controls. Additional examples show how to edit panel parameters, such as the size and the background color.

Visualizing trading strategy optimization in MetaTrader 5

The article implements an MQL application with a graphical interface for extended visualization of the optimization process. The graphical interface applies the last version of EasyAndFast library. Many users may ask why they need graphical interfaces in MQL applications. This article demonstrates one of multiple cases where they can be useful for traders.

How to create Requirements Specification for ordering an indicator

Most often the first step in the development of a trading system is the creation of a technical indicator, which can identify favorable market behavior patterns. A professionally developed indicator can be ordered from the Freelance service. From this article you will learn how to create a proper Requirements Specification, which will help you to obtain the desired indicator faster.

Money Management by Vince. Implementation as a module for MQL5 Wizard

The article is based on 'The Mathematics of Money Management' by Ralph Vince. It provides the description of empirical and parametric methods used for finding the optimal size of a trading lot. Also the article features implementation of trading modules for the MQL5 Wizard based on these methods.

LifeHack for traders: Blending ForEach with defines (#define)

The article is an intermediate step for those who still writes in MQL4 and has no desire to switch to MQL5. We continue to search for opportunities to write code in MQL4 style. This time, we will look into the macro substitution of the #define preprocessor.

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.

Looking for profitable ready made robot

Buying ready made strategy.  - Must come with Source code or in couple of varieties (low risk, mid-risk, high-risk). - As much visual info displayed on the chart. Marking support resistance levels. - FX and crypto

Correction to EA (see EA description below)

I have this EA but during backtesting it fails to close the position and leaves it open forever, resulting in huge losses. I need you to go through it and make sure it respects the following requirements (if it really did, this failure to close position should not happen!):  EA based on 5...

Seek EA with high sequence of profit trades

Hi, I seek an EA, that shows in the backtest (at least 3 years/90%, 1 hour tf or lower) a high sequence of successful trades. Means, for example, that it has an average of 20 closed profit trades on 2 closed loosing trades. The monthly/weekly performance is not important, but the dd. should...

Ea para opciones binarias

Tengo un EA que necesito conectar a mt2iq pero está fallandome.  Proporciono un EA basico que necesito va a lanzar una opción a cada nueva vela y lo que necesito hacer las modificaciones para que se pueda conectar a mt2iq.  El EA que proporciono la única misión que tiene es la de...

Lll

Hello ....I am looking for a breakout indicator.The indicator should create an alert after the appearance of a range.And he will have to create warning arrows etc ....I do not have any other criteria.If you already have one on hand and it works well, contact me.And give me some information about you...

Convert current MT4 indicator to MultiPair MT5 indicator

Convert MT4 indicator to existing MT5 multipair dashboard indicator. mqh and mt5 files are available, also current mt4 indicator. Only experienced coders who want to show their work before paperwork is done are preferred.

Need to make RestApi calls.

Hi, I need to make RestApi calls from mt4. Both request data and to execute trades on another platform is the intention. I am looking for someone who has experience with this and is able to create a couple of successful sample calls for me. I can take the project from there.

I need to convert my mql4 indicator to trading station (LUA langudge)

Hello fellow developers, I have an MT4 indicator that i need to convert to trading station that run LUA language. Please apply ONLY if you have done work on LUA beofre. ( proof of previous projects on lua will be required) .  Thank you

Backtest/forward tester need for EA to find optimal settings for EUR/USD market

I need to add entry/exit points on a 2 EA news trader and 1 indicator.  The news traders should only trade high volatility news The indicator should entry and stop and reverse as build in signals show.  thanks,

Finding optimal parameters for an EA from the MQL4 market

The task is to find optimal parameters (lowest DD, best profit) for an EA available on the MQL4 market. In particular, I am interested in the following pairs: EURUSD EURJPY EURGBP USDCAD AUDUSD

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!

Synchronized Charts

The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol. Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time.

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

Profile Map MT5

Market Profile helps the trader to identify the behavior if major market players and define zones of their interest. The key feature is the clear graphical display of the range of price action, in which 70% of the trades were performed. Understanding of the location of volume accumulation areas can help traders increase the probability of success. The tool can be used as an independent system as well as in combination with other indicators and trading systems. this indicator is designed to suit

HedgeTerminalApi

Trade in the opposite directions with HedgeTerminalApi library! HedgeTerminalApi is a program interface allowing you to use HedgeTerminal virtualization technologies in your robots and scripts. With HedgeTerminalApi, you are able to trade in the opposite directions when two or more trading algorithms occupy opposite positions on a single symbol. The library allows robots to track their positions even if these positions overlap entirely or partially. Moreover, with this library, you are able to

MarketStateIndicator

MarketStateIndicator analyzes the depth of market and uses the obtained data to define the current market state. As practice shows, the price moves in the direction where money can be found! In Offer state, the price usually goes up. In Demand state, it usually falls. In Balance state, the price's behavior is unclear.Note. Since MarketStateIndicator analyzes the depth of market, it can be used only on an exchange market. It has been developed and tested on FORTS. SizeOffer - Offer size |

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

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

Wolfgrid EA

Wolf Grid EA is an expert advisor using customized indicators to identify trend reversals. The entries are usually accurate and in case if the trend reverse with a delay the positions will be managed by a smart grid system. This system uses a grid of orders which increases lot size after the stop loss is reached. The grid size is limited for more safety. It includes a security filter which prevent the possibility of getting into an unexpected trend without rollback caused by a new release. Si

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

RSI Breakout Dashboard

RSI Breakout Dashboard is a tool for multiple currency pairs analysis at the same time in terms of breakout from Oversold or Overbought Zone. The number of displayed symbols is 30 and the name of each symbol can be edited in the parameters. Analyzer is perfect for alert notifications, push notifications and email alerts. We can also select timeframes to receive notifications from and set maximum spread, at which the notifications will come. The most important parameters are period of RSI ("RS

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.

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Growth
773%
Subscribers
18
Weeks
24
Trades
391
Win
91%
Profit Factor
7.72
Max DD
36%
Growth
655%
Subscribers
70
Weeks
38
Trades
130
Win
91%
Profit Factor
71.28
Max DD
31%
Growth
251%
Subscribers
5
Weeks
37
Trades
2156
Win
77%
Profit Factor
2.05
Max DD
37%
Growth
115%
Subscribers
6
Weeks
14
Trades
152
Win
73%
Profit Factor
2.41
Max DD
24%
Growth
698%
Subscribers
18
Weeks
56
Trades
2345
Win
76%
Profit Factor
2.07
Max DD
63%
Growth
2 325%
Subscribers
91
Weeks
42
Trades
831
Win
75%
Profit Factor
3.72
Max DD
37%
Growth
2 175%
Subscribers
505
Weeks
38
Trades
1327
Win
97%
Profit Factor
3.32
Max DD
34%
Growth
783%
Subscribers
21
Weeks
103
Trades
389
Win
85%
Profit Factor
2.04
Max DD
22%
Growth
612%
Subscribers
39
Weeks
112
Trades
2453
Win
68%
Profit Factor
3.13
Max DD
14%
Growth
549%
Subscribers
21
Weeks
86
Trades
2440
Win
70%
Profit Factor
1.51
Max DD
19%