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.

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

My Seller Account Not Approve

I have opened my account in mql5 which has been more than 6 months and has not been opened yet, I have completed all the document and multi, still my account is still unapproved, Please Solution

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FORGOT PASSWORD IN MT4. HOW TO RESET?

FIRST TIME I LOGIN, I CLICK "SAVE PASSWORD". But now i forget it. How to solve? Thanks

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hello, ive been testing this EA to see if its the one for me but I keep getting gob smacked, the results differentiate every time I test it ive tested it on two brokers with the exact same spreads, different results ive tested it on the same broker but on two different accounts that has the same...

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Need coding help on arrow popup

My indicator draws arrow only when the candle is closed(i.e after confirmation). Can anyone help me to draw arrow on the new bar instead closed bar. Please advise

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Automatic Stop Loss to Positive

I was looking for but I didn't find it, so I am turning to you. Expert: When I enter the deal manually. Processes open positions sets TP and SL. After SL is in positive numbers. Shifts SL to positive numbers. Does anyone have it? Thank you

Indicators: Exponential moving average

Exponential moving average: Exponential moving average Author: Mladen Rakic

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When is init() called

I'm trying to write a custom indicator usually i press F5 and it compiles and I see the changes immediately on the live chart except for any changes in init() I'm using arrows which are sized in init() like so int init() int size = 4; SetIndexBuffer(2, signalUP); SetIndexStyle(2,DRAW_ARROW...

Any great idea about HEDGING positions welcome 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...

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Prevent to load new chart after dropping symbol from market watch into panel.

Hello, I want to update my symbol list in my panel by drag and drop a symbol from the market watch. When drag and drop a symbol into my panel the current chart is closed and a new chart with the dropped symbol is loaded. Is it possible to prevent reloading the chart? Thanks

How do people detect New people registered in MQL5!!!!!!

I created this new account not long ago. Just after creating it, I received 3 messages from people that I would not like to reveal their identities. I would like to know how they do it. How they can know that there is new person registered on mql5. Please I need a constructive comments. Kind...

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.

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

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Add more creiteras to an EA

hello, I need to add 2 more indicators for the ea plus adjust the sizes taken by it, the EA should calculate the sizes based on the equiti available so if I have 1000 equity and the size is set 1% it must open an order with 10 dollars margin

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Centre of Gravity indicator alert and Consecutive candle

Platform(Mt5)All chart times available on MT5Outcome:MQL5 source code and Indicator with title COGI need an email message/alert to be sent when indcator Centre of gravity meets the following conditionsSection 1(consecutive candle...

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EA for Renko Charts

Does any one have an expert adviser based on renko chart? It should open a trade on the second candle of renko chart when it changes its color and closes it previous trade there. e.g. If renko color changes to green, it should buy on second renko candle, keeps its position open, But when renko...

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Profitable EA

Hi everyone.I would like an EA that allows me to do from € 50 to € 100 a day with a low drawdown.The strategy used is not important (grid, averaging 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 days in demo.I...

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Need EA developed that opens trade in direction of on screen arrow after cross of EMA14 on 30min chart. Closes when opposite direction arrow appears on 5min chart. Repeats process.

Hello requirements are as follows: Need an EA developed that opens and closes a trade as follows Open trade condition: Arrow appears on 30 min chart. Trade is placed in that direction once Japanese Candle closes above EMA 14 following Arrow signal. Close trade condition: Arrow appears in...

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Need to make a simple market scanner for the following

Hi, What I need is a script or an Idicator that will go on scanning the market for fiding the pairs with IDENTICAL movement. For e.g., eurusd is rising from point A, goes to point B, falls to point C and then starts rising again and is at D now. So, ABCD...

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Custom Indicator Based on Envelope Indicator

Custom Indicator Based on Envelope IndicatorHello,Required Alerts a. Buy Arrow with Sound : When Candle Close above Envelope Upper Band b. Sell Arrow with Sound: When Candle Close bellow Envelope Lower Band Open Parameters1. Period = 142. Deviation = 0.103. Method = LW4. Apply to: CloseRegards

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Combine 2 indi from mql5 market with MTF feature

dear coders... is it possible to xombine 2 indicator i found from mql5.com in market section and add push notification and add multiple time frame feature... and combine them into 1 file and attached them to mt5 without need to have the orignal file? let me know if its can be done tx

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Create Scanner based on specific Camarilla Pivots indicator

Scanner based on Camarilla Pivots Indicator (enclosed). Scans all available instruments with broker (or allow a smaller list, in a field like: Symbols: AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD,CADCHF,CADJPY,CHFJPY,EURAUD,EURCAD,EURCHF,EURGBP,EURJPY,EURNZD,EURUSD,GBPAUD,GBPCAD,GBPCHF,GBPJPY,GBPNZD,GBPUSD...

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Hi Roman, How are you? I have no chance to test the MT5 ea yet. In the meantime, I need two modification for the MT4 EA To see if you can do it.

1) MTF Moving average price cross over entry /exit.Trade on every candle options (true /false)2) Two moving average cross over trading entry/exit.3) MTF rsi over bought /over sell exitTrade on every candle options (true /false)4) MTF CCFP cross over buy /sell exitTrade on every candle...

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.

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

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

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!

MetaTrader 5, MetaTrader 4

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FX trading 1