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

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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.

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

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$1000/ Day in Forex. How Possible?

A lot of traders announce that they are able to make $1000 a day. Although I mostly greet them with disbelief, I have decided to raise the issue here to see whether anyone is REALLY making that much per day or its fake? I am waiting your good replies.

Experts: RoNz Auto SL-TS-TP v.2

RoNz Auto SL-TS-TP v.2: EA for Automatic StopLoss, Take Profit, Profit Lock, and Trailing Stop. SL and TP could be hidden. Author: Roni Nafrianto

0

How to draw a professionally Equidistant Channel

Hi I need to draw a equidistant channel on the chart I needed a way of working, not a code For example - Find approximate direction - rotat Axles - Divide the field into two parts - Find the highest peak in each field - ..... etc Gratefully

Anyone getting error 403 forbidden on file commit?

Or knows how to fix this error? I can’t commit any code since yesterday.

Invalid Request On OrderSend

I have been trying to place a sell order through my EA and have run into several issues. Here is my current code, I get failed market sell 100.00 EURUSD sl: 1.12718 tp: 1.12743 [Invalid request] and retcode of 10013. I changed my volume to 1000 and then got an invalid volume error, so i changed to...

2

Strategy Tester showing Trades Off of Actual Candle

I have recently done a strategy tester that backtested perfectly fine last week. I have been tweaking my program, and I went to back test again. when I did, I realized the results were way off. Upon closer inspection, it was as if the chart was not being utilized at all. The Strategy Tester is...

4

Take Profit by Using Target Balance

Hi everyone, this is my first thread. I have an idea of Closing all Open Orders when my Account Equity reach (>=) the Target Balance. For example: My Initial Balance = 1000 My target balance is 105% of initial balance So when the first order opened and my balance at 1050 (1000*1.05) or bigger... ->...

Indicators: Inside Bar

Inside Bar: Indicator detects the Inside Bars and marks them high/low (no redraw). Author: Taras Slobodyanik

How do you solve the problem of invalid volume?

Hi, everyone, I am developing expert advisor. But there is an "invalid volume" problem in my coding. Below is the method I learn and think at mql5 articles. //+------------------------------------------------------------------+//| Check the correctness of the order...

6

is Metatrader data reliable?

I'm doing some testing with Metatrader 5 and trading view. The results, on Metatrader the same system make about double the trades.For what I understand when we perform a backtest on MT5, we download the data from Metaquotes, and of course is not the data of our broker, but for example EURUSD data...

Financial Trading Articles

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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

50

I need a Robot, who opens orders in a sequence pre-established by an internal mathematical calculation, following parameters already designated using an attached trend indicator.

I would like someone to write code for a robot that does the following: Buy and sell currency pairs based on (1) 8 EMA > 50 SMA (2) ADX >= 30 (3) DMI+ > DMI- for buy and the reverse for sell (4) Count previous 5 periods and there has been a close below the 8 (5) After Price has...

30

Change existing EA

In attached EA I want to have following cahnges. What does EA - EA does place pendings - every xMinutes new pendings with definated lots sice. 1. Chart - add following informations a. Summ of all buy orders in Lots b. Summ of all sell orders in Lots c. difference of oversice...

50

London Close EA

To Create an EA based on trading rules and indicators below. - Charts Candle M15 - Pairs: AUDCHF AUDJPY AUDUSD EURAUD EURCHF EURGBP EURJPY EURUSD GBPAUD GBPCHF GBPJPY GBPUSD NZDJPY NZDUSD USDCHF USDJPY - Fibonacci end 16:00 GMT 0 lowest 100 highest - Fibonacci time...

200

EA & indicator - Based on multiple failed attempt

Hi all programmer, I need an indicator and EA based on the idea below :This EA will only buy or sell, on the 4th attempt,if the first 3 trade = fail or gain less than x pips.for example : as attachment,if x = 10 pips,first trade = +8 pips2nd trade = -5 pips3rd trade = -5 pipsSo...

305

SWhat

I wont lie i m still learning some few things so that i can be super fine for the Job i m coming to get it even at school i was light headed because it easy to get what you want

30

INDICATOR PANEL FOR MY DAILY TRADE RESULTS

I just need a indicator that shows the results I get on my daily trades. It is important to note that I will use the indicator values on my Expert Advisor, so it is very important to provide the values from the panel into 12 different Buffers (from 0 to 11). Please see below just an example on how...

100

Expert Advisor need

Especifique sua Especificação de Requisitos, ponto por ponto. ...

30

I NEED A PROFITABLE EA

hello coders, i need a profitable ea with source code. i should test it for a week in live account. before ending the job i need the source code. thank you

30

Convert MQL4/5 indicator to Pinescript

I have an MQL4 indicator that I would like to have ported over to Pinescript for use in Trading View. This indicator is similar to Bollinger Band Width in construction. I have a budget of $30 USD. The original indicator script is here: https://c.mql5.com/forextsd/forum/134/wave_pm.txt

50

Ea development

hello i want an indicator EA that will place trades acccording to the direction of the previous candle stick. if the previous candle stick is bullish it should place a buy and when its bearish it should place a sell and close the trade when the candle stick closes.it should also have TP and stop...

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

Grid King MT5

!! PROMO -> ONLY 3 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

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MetaTrader 5, MetaTrader 4

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FX trading 1