Two months ago we launched the "Achievements"
on MQL5.com. That was the start of the new rating calculation system.
It is now possible to evaluate the contribution of each MQL5.community
member to its development: articles, programs in Code Base, Service Desk requests - all that activity increases a user's rating.
We originally planned to encourage those community members who
contribute to its development. Therefore, we implemented the new rating
system that clearly shows the contribution of each participant. Besides,
we are going to award the participants who actively use the new "Attract Visitors" feature in the nearest future. But that is not all, as we have decided to deal with other members.
So, after some brief thoughts, we have decided to encourage the
participants, who provided the greatest benefit to MQL5.com, as it is
impossible to imagine the community without them. They are true devotees
of the automated trading and torch bearers on our common road to
greater knowledge. Such a virtue should not be left without a reward.
Currently, we are working on various criteria that will be used in
evaluating the activity of the award nominees - the most prominent
community members. We are having heated debate and sword crossings but
all will be clear soon. Stay tuned – we will publish the discussion
results right in this thread.
This is an optimized version of MACD.
If the indicator color is red, it is recommended to sell. Crimson color indicates a forthcoming reverse. If the color is light green, it is recommended to sell. Dark green color indicates a forthcoming reverse.
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations.
Active Lines helps you easily organize various tr
The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation.
The main feature of this indicator is its fast algorithm. The speed of calculation of the polynomial algorithm and its standard deviation values is several thousand times faster than conventional algorithms. So this is a convenient algorithm for use without the need to apply supercomputers.
Beginning with the version 1.4
My Money Manager like a risk controller, which places your trades with the exact volume that meets your desired stop loss risk.
It can also help you to preview your EP/SL/TP levels before placing an order by dragging these levels directly on a chart, and keep reporting about them during the position opening.
With this tool, you will feel more comfortable when deciding to open orders, as well as forecasting your profit/loss with your orders. Placing orders is a very precise and profe
Fast Copy MT5 allows you to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
Any type of copying is available
MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4
* For the MetaTrader 4 terminal — Fast Copy MT4
* For the MetaTrader 5 terminal — Fast Copy MT5
** Before the purchase, you can test the program by downloading the free demo versions — Fast
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
The indicator has standard settings. The new modification of indicator provides special marking of the segment when the moving averages begin to form a cross in one direction or another. The Alligator`s cross indicates that the trend is about to change. Modified Alligator helps traders to determine a trend on a particular timeframe even if the averages are intertwined and have a shift in the future. Direction of a trend is determined by a cross of the averages with a specified marking area on th
Three variables are available for every strategy, any one of them can be disabled, their period can be changed.
type_order=ORDER_FILLING _FOK - order filling type.
ReverseTrade=false — trades opens in reverse direction if true. ExitOnBar=true — trades close on each bar only. spreadcover=false — Spread you pay includes in profit trades. It's like trade with zero spread but you should remember that it can decrease exact match between tester's result and live one. It
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the marke
The iTicksChart allows you to create custom tick charts. It is suitable not only for trading but also for analysis of tick history. Each missed or ambiguous tick is fixed and displayed on the chart. Experts, indicators, graphical objects can be used for technical analysis.
Advantages and Features
runs and works at any open chart window (called "base chart" further on in this document); looks like a common chart after launching (see Screenshots); history quality is monitored - each missed o
This is a half scalping system that analyzes the market using a transmission function and price movement speed.
This Expert Advisor is intended for trading on EURUSD, however it can run on other currency pairs. Please use the M1 timeframe.
You should optimize only two parameters: Seconds_to_move and TradePrice. It is sufficient to optimize Bobra Adept only once, for example, for a half year period. After that, Bobra Adept shows good results on a forward period (or backward in my case). This ca
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
This indicator has been created by a former hedge-fund employee and it automatically identifies when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is pre-loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.
Remember: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widely used by institutional traders to identify potential revers
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.
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.
Run the script on a chart.
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
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
The Sane Reversal indicator is one of the leading oscillators. The signals are generated early, unlike in other indicators which give the signal after the price goes far away in either direction. The indicator displays the price reversals using arrows with high accuracy. The arrows appear on the zero bar and do not flicker of disappear regardless of the market volatility, which allows to trade effectively with short stop losses:
the Buy signal - white arrow on the bar Low,the Sell signal - red
This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
Scalper with Automatic Parameter Setting
Would you like to have an Expert Advisor that could automatically calculate trade parameters and adjust to the current market situation?
We present you our new development for the Forex market. This is a tick scalper for МТ4 and МТ5 - TickSniper.
Trading with it is fully automated. Forget continuous monitoring - this Expert Advisor trades independently. Its settings have been optimized over the course of testing on our real accounts.
Ermou Street rather than an expert or an indicator is a all-in-one trading assistant easing your trading sessions by providing signals and notifications. It's an assistant rather than a robot - "an assisted steering rather than an autopilot", and now, it autoadjusts itself to any instrument, any timeframe & any circumstance.
First, you should watch the video. Then here's some explanation:
By default, attaching Ermou Street to a chart, you’ll get:
A panel Signals: buy (default b
This script help user record the value of Moving Average and OHLC at the moment once deals happen.
The datas save as .CSV format file so you can quantitative analysis someone's trading.
Please input value of MA's parameters you like. It tells you the path of data file when script is stopped.
This indicator incorporates the volume to inform the market trend. A warning system (chart, SMS and e-mail) is incorporated for warning when a certain level is exceeded.
Developed by Marc Chaikin, Chaikin Money Flow (CMF) measures the amount of Money Flow Volume (MFV) over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back
Cluster analysis of volumes is now available in MetaTrader 5!
The YuСlusters indicator is a professional tool for analyzing the trading volumes. The cluster graph is plotted based on tick data. For the exchange financial instruments these are the volume, type and price of a deal. For the Forex instruments - the real or tick volume (depending on the broker) and Bid price.
There are 6 criteria of cluster generation:
Time interval, the criterion is set in seconds. Price range, the criteri
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Ty
This is a highly accurate, universal, multitimeframe instrument for traders following supply and demand levels.
Each chart candle is in fact a cluster – the smallest unit of market data on a price movement and a volume/effort put into this movement. The combination of these clusters (the chart itself), as well as different combinations of clusters on various timeframes provide sufficient data for analysis.
The indicator displays peak levels of activity formed by the maximum volume, tracks the
FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
It is designed for traders having no knowledge of trading basics. It works in Low, Medium, High and Extremal trading modes.
The EA applies modified versions of well-known strategies, including Elliott waves, following a trend, half-pyramiding, scalping, speculative trading with a double deposit protection. The EA switches the strategies automatically. The robot does not open n
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences.
You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advi
The indicator has been designed for use on FORTS, but it can also work on other markets, at brokers broadcasting the required data.
A peculiarity of these data is that they cannot be requested from the broker's server as a section of history, but can only be obtained for the current moment.
The indicator periodically requests the broker, collects to a file and displays the following history from the stored file:
The weighted average price. The volume of buy orders. The volume of sel
We will do our best. :)
!!! REWARDS US WITH SOURCE CODE EA THAT WON CHAMPIONSHIP !!!
That will be awesome.
.... That was the start of the new rating calculation system. ...
Can you explain your rating system ?, I wrote some replies on MQL4 and have some 300 ratings, Here at MQL5, I don't write even a tenth of it, but one day was surprised that I have some 500 ratings. I said LOL what did I do ???. Later I found the other forumer have higher rating than me, as it turns out, he wrote insignificant number of replies, but he was using Cloud Network plenty. So he spent money on it, surely he wanted a credit, but how's that supposed to help other forumers ???.
From my replying experience in MQL4, having higher rating does not mean the guy is the smartest. I know some forumers in MQL4 that has higher rating than me but as it turns out - for example - they have no idea how to write CI correctly or how to call CI from EA. I mean really, we look at the codes and totally freaking surprised.
I just read about some online certification, for example just Google "C++ online certificate" and you have plenty sample, and wondering if MetaQutes can provide such online certificate. At least we can see that some forumers has a decent knowledge about MQL5. ,and hopefully about MT5 itself (that's 2 different things).
We all know that MetaQuotes people (Renat, Rosh, Stringo - just to name a few) are more active in Russian section on both MQL website. I know that MT is free sofware but if I have problem with MT - with all respect to other forumers who also help me solving my problem - I prefer MetaQuotes people or some certified one helping me out.
I'll write more about this topic later.
We are having heated debate and sword crossings but all will be clear soon
Swords crossings ??? Is the Russian Empire is back ?, I thought you guys invented AK47, oh well that's too coward, sword crossing then, better than AK47 or words crossing or tic tac toe. Couldn't imagine Renat and Rosh and Stringo having heated debate on words crossing or tic tac toe.
Have Fun :)
We have finally specified the criteria for evaluation of
MQL5.community members activity.
Who provided the greatest benefit to
the community? Who is a real MQL5.com expert respected by all
participants? Who is worthy of the prize and, most importantly, why? We
finally can answer these questions and name the winners. Here are the
The activity of each MQL5.com participant was evaluated by the two
objective criteria that were found to be the most important ones. Other
ratings that can be seen in the "Achievements" profile tab were not
considered for two reasons. Either they are originally intended for
sales and the members get payment for their work ("Jobs", "Market"), or
they do not represent very significant contribution comparing to the
criteria we have chosen.
Speaking short, we focused our attention on the following key nominations:
The first nomination winners are the participants who absolutely
deserve this status for their multiple published articles. They are investeo from Poland (11 articles) and victorg from Uzbekistan (10 articles). investeo published his first article in May 2010. It was devoted to automatic web publications of trading forecasts. Over the past two years investeo wrote ten more interesting articles. That is the best result. victorg was first noted for the couple of articles on the technical analysis («What Do We Analyze» and «How Do We Analyze») in October 2010. Currently, victorg has 10 published articles.
The next nomination identifies the participants having the greatest number of programs published in Code Base. The winners are GODZILLA (340 programs), Integer (61 programs) and abolk (21 programs).
The first program made by GODZILLA was published in Code Base in July 2011. And that was Perry Kaufman's adaptive moving average.
Eventually, he has managed to create 340 programs within 10 months (34
program codes per month!). Our second winner Integer started his
activity in February 2010 by publishing the script that provides a synchronous scrolling for all charts opened in the client terminal. The third winner abolk published True Strength Index indicator by William Blau a year ago.
So, our winners are investeo, victorg, GODZILLA, Integer and abolk.
And what about the prize? We can answer this question either: Apple
iPhone 4S smartphone! Touchscreen-based smartphones representing the
fifth generation of the iPhone and provided with dual-core chip, iSight
camera, HD-Video recording, stunning Retina display, as well as plenty
of other features – now these devices rightfully belong to the most
prominent members of our community.
You have deserved this reward!
We kindly ask all mentioned participants to reply to the personal messages that have just been sent to them.
Sword crossing ... eh ?
GODZILLA wrote code base 5 times more than Integer. GODZILLA - or should I say, first winner - should have bigger prize than second winner, which also should have bigger prize than third winner.
Some how, in MetaQuotes's swords crossing, the good guy lost and the bad guy won. If any MetaQuote's care to explain that 'odds equal prize', that must be the bad guy one.
With all respect to GODZILLA, that will be chef surprise.
Whatever it is, congrats to the winner.
So, our winners are investeo, victorg, GODZILLA, Integer and abolk.
Congratulations, guys! You all undoubtedly deserve it for the outstanding contribution to the entire MQL5 community.
I helped answer several questions at mql4 forum, sometime the asker/OP just left after they got the answer, leaving us with no update nor a thank you - I don't mind with that at all.
And also I'm not envy to the winners nor wonder whether the winners really got their prizes, however, at least the winners should thanking MetaQuotes openly and publicly here or at Russian section
O.K. let me just start it myself "MetaQuotes, thank you for giving a prize to member who active in this forum. I never see any forum giving away prizes to it's active members".
Is it hard to type "Thanks" ???
I.m terribly disappointed with winners attitude.
1. My previous comments was ... mmm ... 2 months ago (see above)
2. When is it the winners received their iPhone ?, Mmm ... i have no idea when. I thought they received the prizes when this announcement was published. So naturally, my reaction was somethin like this, "Yo guys, how about thanking MetaQuotes ?!?".
Whatever it is, I still don't like the idea that they all received the same prize. The whole idea of this is to reward the most active member. Well, the most active should have better prize than the most active but a little bit least active member.