New article Cross-Platform Expert Advisor: Reuse of Components from the MQL5 Standard Library has been published:
There exists some components in the MQL5 Standard Library that may prove to be useful in the MQL4 version of cross-platform expert advisors. This article deals with a method of making...
Engulfing with RSI: Not really profitable but the code fits on one page. Opens buys on bullish engulfing candles when RSI is above over-bought and sells on bearish engulfing candles when RSI is below over-sold. When the account's profit reaches the desired level it closes all the orders. Author:...
New article Cross-Platform Expert Advisor: Orders has been published:
MetaTrader 4 and MetaTrader 5 uses different conventions in processing trade requests. This article discusses the possibility of using a class object that can be used to represent the trades processed by the server, in order for...
Larry Conners RSI 2: Simple Expert Advisor based on the Larry Conners RSI 2 strategy. This Expert Advisor uses three indicators, RSI (Relative Strength Index), fast Moving Average (5 period), slow Moving Average (200 period). The Idea of this strategy is to determine the general trend by using the...
II (Outbreak) EA: Expert Advisor for pyramiding into big and fast market movements. Inputs Commission - commission per round lot.SpreadThreshold - maximum spread (in points) to open orders (if spread is higher than set threshold Expert Advisor won't open trades).MagicNumber - order magic number...
New article Testing patterns that arise when trading currency pair baskets. Part I has been published: We begin testing the patterns and trying the methods described in the articles about trading currency pair baskets. Let's see how oversold/overbought level breakthrough patterns are applied in...
New article My First "Grail" has been published:
Examined are the most frequent mistakes that lead the first-time programmers to creation of a "super-moneymaking" (when tested) trading systems. Exemplary experts that show fantastic results in tester, but result in losses during real trading are...
New article Resolving entries into indicators has been published: Different situations happen in trader’s life. Often, the history of successful trades allows us to restore a strategy, while looking at a loss history we try to develop and improve it. In both cases, we compare trades with known...
New article Comparing different types of moving averages in trading has been published: This article deals with seven types of moving averages (MA) and a trading strategy to work with them. We also test and compare various MAs at a single trading strategy and evaluate the efficiency of each moving...
New article Studying the CCanvas Class. How to Draw Transparent Objects has been published: Do you need more than awkward graphics of moving averages? Do you want to draw something more beautiful than a simple filled rectangle in your terminal? Attractive graphics can be drawn in the terminal. This...
Levels with Trail:
The Expert Advisor trades based on the support/resistance levels set by the user, while trailing the Stop Loss order.
Author: Vladimir Tkach
New article Analysing Candlestick Patterns is published:
Construction of Japanese candlestick chart and analysis of candlestick patterns constitute an amazing area of technical analysis. The advantage of candlesticks is that they represent data in such a manner that you can track the dynamics...
Many people see Forex as a boring industry, one that demands the relentless task of heavy analysis, stress and risk. But look a bit deeper than the surface and what you see is an industry that takes its modern roots from deep history, crafted through those that have challenged and exploited rules,...
Copy Objects:
The script copy objects (Trendline, Horizontal Line, Rectangle, Fibo) from active chart to all charts in this same symbol.
Author: Tadeusz Kiesner
New article Use of Resources in MQL5 is published:
MQL5 programs not only automate routine calculations, but also can create a full-featured graphical environment. The functions for creating truly interactive controls are now virtually the same rich, as those in classical programming languages. If...
New article An example of an indicator drawing Support and Resistance lines has been published: 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 how...
BarTimerCLineRoundedVertical: The vertical version of the BarTimer indicator implemented using the classes of libraries that were described in detail in the article "Custom indicators and infographics in CCanvas", using current timeframe data and producing a sound alert when the bar changes. Author:...
Horizontal Grid Lines on Chart:
The GRID10 indicator will draw a grid on a chart using grid lines positioned and separated at a convenient power of ten. The grid is constructed appropriate to the range of the symbol being plotted on the chart.
Author: Ron
N candles: The EA searches for N identical candlesticks in a row. If the found candlesticks are bullish, it buys. I they are bearish, the EA sells. Author: Vladimir Karputov