MQL5 Source Code Library for MetaTrader 5 - 76
This is the largest free source code library for MetaTrader 5 platform programs. Here you can find ready-made Expert Advisors, technical indicators, scripts and libraries. Use the code library when learning MQL5 language and develop your own automated trading applications based on the provided codes.
You can freely download and test published codes, as well as launch them in MetaTrader 5. The library is also available directly from MetaTrader 5 platform and MetaEditor development environment.
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This calculates Optimal f using the Geometric Mean. Per Ralph Vince, "In trading we can count on our wins being for varying amounts and our losses being for varying amounts. Therefore the Kelly formulas could not give us the correct optimal f." So, using his equation(s), I created this library for the Geometric Mean version of Optimal f.
Expert advisor uses the difference between bar closes and a close moving average to detect unusual activity, it will then buy arbitrary volatility spikes. This is a prototype that I will be expanding on in the future, at the moment the user can input an arbitrary level to buy at. In future developments I plan on building a neural network in the EA that detects and compares volatility levels.
Great indicator for Time series analysis as shows stationary properties. Indicator calculates the difference between a 14 period Double exponential moving average and price closes. Great to help identify unusual price activity.