Articles with examples of indicators developed in MQL5

The articles contain detailed explanation of the attached codes. Download and open them in MetaEditor and program together with the author while reading the article.

Add a new article
latest | best

Manual charting and trading toolkit (Part II). Chart graphics drawing tools

This is the next article within the series, in which I show how I created a convenient library for manual application of chart graphics by utilizing keyboard shortcuts. The tools used include straight

Timeseries in DoEasy library (part 54): Descendant classes of abstract base indicator

The article considers creation of classes of descendant objects of base abstract indicator. Such objects will provide access to features of creating indicator EAs, collecting and getting data value

Timeseries in DoEasy library (part 53): Abstract base indicator class

The article considers creation of an abstract indicator which further will be used as the base class to create objects of library’s standard and custom indicators

Timeseries in DoEasy library (part 52): Cross-platform nature of multi-period multi-symbol single-buffer standard indicators

In the article, consider creation of multi-symbol multi-period standard indicator Accumulation/Distribution. Slightly improve library classes with respect to indicators so that, the programs developed

Timeseries in DoEasy library (part 51): Composite multi-period multi-symbol standard indicators

In the article, complete development of objects of multi-period multi-symbol standard indicators. Using Ichimoku Kinko Hyo standard indicator example, analyze creation of compound custom indicators

Timeseries in DoEasy library (part 50): Multi-period multi-symbol standard indicators with a shift

In the article, let’s improve library methods for correct display of multi-symbol multi-period standard indicators, which lines are displayed on the current symbol chart with a shift set in the

Timeseries in DoEasy library (part 49): Multi-period multi-symbol multi-buffer standard indicators

In the current article, I will improve the library classes to implement the ability to develop multi-symbol multi-period standard indicators requiring several indicator buffers to display their data

Timeseries in DoEasy library (part 48): Multi-period multi-symbol indicators on one buffer in a subwindow

The article considers an example of creating multi-symbol multi-period standard indicators using a single indicator buffer for construction and working in the indicator subwindow. I am going to

A system of voice notifications for trade events and signals

Nowadays, voice assistants play a prominent role in human life, as we often use navigators, voice search and translators. In this article, I will try to develop a simple and user friendly system of

Timeseries in DoEasy library (part 47): Multi-period multi-symbol standard indicators

In this article, I will start developing the methods of working with standard indicators, which will ultimately allow creating multi-symbol multi-period standard indicators based on library classes

Timeseries in DoEasy library (part 46): Multi-period multi-symbol indicator buffers

In this article, I am going to improve the classes of indicator buffer objects to work in the multi-symbol mode. This will pave the way for creating multi-symbol multi-period indicators in custom

Manual charting and trading toolkit (Part I). Preparation: structure description and helper class

This is the first article in a series, in which I am going to describe a toolkit which enables manual application of chart graphics by utilizing keyboard shortcuts. It is very convenient: you press

Timeseries in DoEasy library (part 43): Classes of indicator buffer objects

The article considers the development of indicator buffer object classes as descendants of the abstract buffer object simplifying declaration and working with indicator buffers, while creating custom

Timeseries in DoEasy library (part 41): Sample multi-symbol multi-period indicator

In the article, we will consider a sample multi-symbol multi-period indicator using the timeseries classes of the DoEasy library displaying the chart of a selected currency pair on a selected

Timeseries in DoEasy library (part 40): Library-based indicators - updating data in real time

The article considers the development of a simple multi-period indicator based on the DoEasy library. Let's improve the timeseries classes to receive data from any timeframes to display it on the

Neural Networks Made Easy

Artificial intelligence is often associated with something fantastically complex and incomprehensible. At the same time, artificial intelligence is increasingly mentioned in everyday life. News about

Price velocity measurement methods

There are multiple different approaches to market research and analysis. The main ones are technical and fundamental. In technical analysis, traders collect, process and analyze numerical data and

Using MATLAB 2018 computational capabilities in MetaTrader 5

After the upgrade of the MATLAB package in 2015, it is necessary to consider a modern way of creating DLL libraries. The article uses a sample predictive indicator to illustrate the peculiarities of

MTF indicators as the technical analysis tool

Most of traders agree that the current market state analysis starts with the evaluation of higher chart timeframes. The analysis is performed downwards to lower timeframes until the one, at which

Universal RSI indicator for working in two directions simultaneously

When developing trading algorithms, we often encounter a problem: how to determine where a trend/flat begins and ends? In this article, we try to create a universal indicator, in which we try to

How to analyze the trades of the Signal selected in the chart

The trade Signals service develops in leaps and bounds. Trusting our funds to a signal provider, we would like to minimize the risk of losing our deposit. So how to puzzle out in this forest of trade

Developing the oscillator-based ZigZag indicator. Example of executing a requirements specification

The article demonstrates the development of the ZigZag indicator in accordance with one of the sample specifications described in the article "How to prepare Requirements Specification when ordering

Developing multi-module Expert Advisors

MQL programming language allows implementing the concept of modular development of trading strategies. The article shows an example of developing a multi-module Expert Advisor consisting of separately

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

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

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values

Using the Kalman Filter for price direction prediction

For successful trading, we almost always need indicators that can separate the main price movement from noise fluctuations. In this article, we consider one of the most promising digital filters, the

Mini Market Emulator or Manual Strategy Tester

Mini Market Emulator is an indicator designed for partial emulation of work in the terminal. Presumably, it can be used to test "manual" strategies of market analysis and trading

A New Approach to Interpreting Classic and Hidden Divergence

The article considers the classic method for divergence construction and provides an additional divergence interpretation method. A trading strategy was developed based on this new interpretation

Implementing a Scalping Market Depth Using the CGraphic Library

In this article, we will create the basic functionality of a scalping Market Depth tool. Also, we will develop a tick chart based on the CGraphic library and integrate it with the order book. Using

Auto search for divergences and convergences

The article considers all kinds of divergence: simple, hidden, extended, triple, quadruple, convergence, as well as divergences of A, B and C classes. A universal indicator for their search and

Graphical Interfaces XI: Integrating the Standard Graphics Library (build 16)

A new version of the graphics library for creating scientific charts (the CGraphic class) has been presented recently. This update of the developed library for creating graphical interfaces will

Using cloud storage services for data exchange between terminals

Cloud technologies are becoming more popular. Nowadays, we can choose between paid and free storage services. Is it possible to use them in trading? This article proposes a technology for exchanging

Graphical Interfaces XI: Text edit boxes and Combo boxes in table cells (build 15)

In this update of the library, the Table control (the CTable class) will be supplemented with new options. The lineup of controls in the table cells is expanded, this time adding text edit boxes and

The Flag Pattern

The article provides the analysis of the following patterns: Flag, Pennant, Wedge, Rectangle, Contracting Triangle, Expanding Triangle. In addition to analyzing their similarities and differences, we

Graphical Interfaces XI: Rendered controls (build 14.2)

In the new version of the library, all controls will be drawn on separate graphical objects of the OBJ_BITMAP_LABEL type. We will also continue to describe the optimization of code: changes in the

Graphical Interfaces XI: Refactoring the Library code (build 14.1)

As the library grows, its code must be optimized again in order to reduce its size. The version of the library described in this article has become even more object-oriented. This made the code easier

Custom indicators and infographics in CCanvas

The article considers new types of indicators with more complex structural implementation. It also describes the development of pseudo-3D indicator types and dynamic infographics

An example of an indicator drawing Support and Resistance lines

The article provides an example of how to implement an indicator for drawing support and resistance lines based on formalized conditions. In addition to having a ready-to-use indicator, you will see

Graphical Interfaces X: Text selection in the Multiline Text box (build 13)

This article will implement the ability to select text using various key combinations and deletion of the selected text, similar to the way it is done in any other text editor. In addition, we will