Articles, Library comments - page 139

BB Stops - RSI: BB Stops using RSI for stops calculation. For trend trading it is advised to use longer RSI periods. For scalping it is probably better to use shorter RSI periods, but in any case do some experimenting with periods before using it in live trading. Author: Mladen...
MostasHaR15 Pivot: The EA uses the following indicators: iADX (Average Directional Movement Index, ADX), two iMAs (Moving Average,MA) - one indicator at CLOSE prices and another one at OPEN prices, iOsMA (Moving Average of Oscillator, OsMA). Author: Vladimir Karputov
MA_In_Color_wAppliedPrice: Modified LSMA_In_Color indicator. Added: usage of the applied price. Author: John Smith
  Indicators: Dtm  (1)
Dtm: An oscillator in the DRAW_FILLING style, using digital filters. Author: Nikolay Kositsin
New article How Reliable is Night Trading? has been published: The article covers the peculiarities of night flat trading on cross currency pairs. It explains where you can expect profits and why great losses are not unlikely. The article also features an example of the Expert Advisor developed for...
NELODI Trading Terminal for MT5: NELODI Trading Terminal is a collection of Indicators and an Expert Advisor, which work together to provide a complete solution for manual Trading, primarily designed for Scalping. Author: NELODI
Price_vs_Alpha: The new version of the Mc_valute_v8_final EA. It works well on a flat market. Author: Danil
CCI - EMA based: CCI (Commodity Channel Index) is normally calculated using Simple Moving Average and mean deviation based on that same Simple Moving Average. This version of CCI is changing that. Instead of using Simple Moving Average it uses EMA (Exponential Moving Average), and instead of...
VR Moving Average: The classic Moving Average indicator with a color change depending on the direction. Author: Vladimir Pastushak
ChannelInd: The indicator displays on the chart the previous trading day's channel. Author: Scriptor
Coin Toss Trading: This script opens a buy or sell order randomly having equally spaced take-profit and stop-loss levels. Author: Mokara
HarVesteR: The Expert Advisor uses the following indicators: Moving Average Convergence/Divergence, MACD; Moving Average, MA; Average Directional Movement Index, ADX. It closes half of the profitable position. Author: Vladimir Karputov
  Scripts: Set Fixed SL and TP  (15   1 2)
Set Fixed SL and TP: This script scans for open orders and sets a fixed stop loss and take profit to all of the relevant. ‌ Author: MQL4AutoTrading
ASCT1sig: The indicator generates a sound signal and a Sell or Bye window appears. Author: John Smith
New article Statistical Distributions in MQL5 - taking the best of R has been published: The R language is one of the best tools of statistical processing and analysis of data. Thanks to availability and support of multiple statistical distributions, it had become widespread in the analysis and...
iMovment: The indicator plots the candles with different colors depending on the trend direction and price movement. The indicator changes its color smoothly if the price retracement from the maximum/minimum by value is less than the value of the Movment parameter. The value of retracement, equal...
Cointegration: The indicator calculates and displays a linear relationship between two or more financial symbols. Author: Maxim Dmitrievsky
  Experts: OzFx  (8)
OzFx: System OzFx to gain the profit of 100-800+ pips. Author: Юрий
New article Strategy builder based on Merill patterns has been published: In the previous article, we considered application of Merill patterns to various data, such as to a price value on a currency symbol chart and values of standard MetaTrader 5 indicators: ATR, WPR, CCI, RSI, among others. Now
Exp_Elliott_Wave_Oscillator: Trading system based on Elliott_Wave_Oscillator indicator signals. Author: Nikolay Kositsin
Engulfing Stochastic: Detect bullish and bearish engulfing candles when entering the overbought or oversold territory. We have all seen a currency pair enter the overbought or oversold territory and stay there for long periods of time. What this indicator does is gives you the emphasis. So...
NELODI Trend Painter: Trend indicator similar to Ichimoku Kinko Hyo, with a number of drawing options and calculation parameters. Author: NELODI
New article Library for easy and quick development of MetaTrader programs (part XVI): Symbol collection events has been published: In this article, we will create a new base class of all library objects adding the event functionality to all its descendants and develop the class for tracking symbol
New article Simple Trading Systems Using Semaphore Indicators is published: If we thoroughly examine any complex trading system, we will see that it is based on a set of simple trading signals. Therefore, there is no need for novice developers to start writing complex algorithms immediately. This...
ang AZad(C): The Indicator ang_AZad(C) helps to define the dominant trend as ang_Zad(C). Author: Collector
ATR Channels: ATR Channels create price movement channels considering ATR (Average True Range) technical indicator. The indicator clearly shows trend acceleration and retardation moments and also overbought and oversold areas from the average true range perspective. Author: Nikolay Kositsin
New article Developing Pivot Mean Oscillator: a novel Indicator for the Cumulative Moving Average has been published: This article presents Pivot Mean Oscillator (PMO), an implementation of the cumulative moving average (CMA) as a trading indicator for the MetaTrader platforms. In particular, we
New article Third Generation Neural Networks: Deep Networks has been published: This article is dedicated to a new and perspective direction in machine learning - deep learning or, to be precise, deep neural networks. This is a brief review of second generation neural networks, the architecture of...
ConsecutiveRSI: Set the number of consecutive candles along with RSI level for a valid signal. Author: John Davis
VSA Syndicate Trader v1.04: Syndicate Trader is coded from the basic VSA (Volume Spread Analysis) study by Wyckoff. EA will identify potential No Demand and No Supply strike zones and excecute buy or sell market orders (Instant execution). Author: Nathan Nthusi