Articles, Library comments - page 158

GB : Indicator GB (Gaussian Bands) works in the same manner as standard indicator Bollinger Bands. However, unlike the former, it performs filtering centerline and deviation lines by Gaussian method. It also has two deviation lines on each side of the centerline. Author: Scriptor

Non Repainting Supertrend Indicator: This is a new implementation of the SuperTrend indicator for MetaTrader 4. The SuperTrend indicator is an application of the concept of MAE (maximum adverse excursion), which was introduced by John Sweeney in the mid-nineties. Author: Rajandran R

ATR 3 LWMA: This indicator shows 3 periods ATR LWMA. I made this indicator for identifying declining volatility. Author: fxborg

Average of ATR: Average of ATR (AATR) is simple but effective indicator to confirm any price action trading strategy. Author: SYARIFUL ANWAR

ATR Value Indicator: Displaying ATR (Average True Range) value in pips or points with option for setting multiplier. Author: Hossein Nouri

New article Graphical Interfaces II: Setting Up the Event Handlers of the Library (Chapter 3) has been published: The previous articles contain the implementation of the classes for creating constituent parts of the main menu. Now, it is time to take a close look at the event handlers in the

Tick Chart: The presented indicator plots a fully-functional tick chart similar to the standard price charts, with the ability of the analysis using all the MetaTrader features. Author: Dmitriy Gizlyk

iFibonacci: This indicator will Draw Fibonacci Tools such as Retracement, Arc, Fan, Expansion, Time Zones. Based on ZigZag indicator. Author: awran5

New article Graphical Interfaces II: the Separation Line and Context Menu Elements (Chapter 2) has been published: In this article we will create the separation line element. It will be possible to use it not only as an independent interface element but also as a part of many other elements. After

Close All Open Orders: This script automatically closes all open orders within few seconds. Author: ramasubbu ram

New article Graphics in DoEasy library (Part 87): Graphical object collection - managing object property modification on all open charts has been published: In this article, I will continue my work on tracking standard graphical object events and create the functionality allowing users to control

Time of an Object : This code help you get the time of an object created on a chart. Author: Satyam Shivam

New article Automated Optimization of a Trading Robot in Real Trading has been published: The articles describes and provides a library of functions that allows a trader to optimize his or her Expert Advisors inputs by launching optimization directly from the EA. Author: Igor Malcev

Static arrows and graphic objects on MT4 Chart : This code is used to create static object on MT4 charts which will not move along with the chart when you scroll the chart. Author: Satyam Shivam

Indicator Name : it gives you the name of the indicator which is attached to a chart. Author: Satyam Shivam

Simple Open Order script with simple money & trade management feature : Script that opens 2 orders - one set to close percent of position when profit equals stoploss, another set to close at TP Author: Maxim Teo

Hotkeys_CycleMarketWatchSymbols_v1.0 : cycles though market watch symbols, using hotkeys Comma and Period for prev/next symbol in market watch list Author: NickBixy

Momentum deviation : Momentum deviation Author: Mladen Rakic

Auto SLnTP EA: Helps trader by setting automatic Stop Loss (SL) and Take Profit (TP) on trades while scalping. Saves time and gives trader time to worry about other chart monitoring. You can choose: Fixed SL and TP SL and TP by use of daily ATR. Author: Osiris

Simple Expert Advisor based on the Simple Moving Average and ADX : This simple Expert Advisor uses Simple Moving Average and ADX indicators, as considered in the article " Step-By-Step Guide to writing an Expert Advisor in MQL5 for Beginners ". It differs from the EA of the article, it doesn't

New article Graphics in DoEasy library (Part 88): Graphical object collection — two-dimensional dynamic array for storing dynamically changing object properties has been published: In this article, I will create a dynamic multidimensional array class with the ability to change the amount of data in

Momentum deviation bands : Momentum deviation bands - MT4 version Author: Mladen Rakic

RSI_Of_MA : RSI of MA indicator Author: Scriptor

New article Developing multi-module Expert Advisors has been published: 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 compiled file modules. As a

Fractal Support & Resistance Levels: The indicator draws support & resistance levels based on the last MN1, W1, D1, H4 and H1 fractals. Author: Alexander Elgin

New article Creating a Multi-Currency Indicator, Using a Number of Intermediate Indicator Buffers is published: There has been a recent rise of interest in the cluster analyses of the FOREX market. MQL5 opens up new possibilities of researching the trends of the movement of currency pairs. A key

ZigZag Color for Line Chart : ZigZag Color Indicator for Line Charts which works on Close prices rather than High low This indicator has only one input parameter which is ExtDepth and its optimized for performance Author: Dark Ryd3r

New article Money Management by Vince. Implementation as a module for MQL5 Wizard has been published: The article is based on 'The Mathematics of Money Management' by Ralph Vince. It provides the description of empirical and parametric methods used for finding the optimal size of a trading lot. Also

OandaX OrderBook Chart: The OandaX OrderBook Chart indicator is designed for displaying the history histogram of orders or positions history on the instrument with reference to the chart scale. Author: Andrei Trukhanovich

Trade: Trade - script sending BUY order and printing selected order data to the log. Author: MetaQuotes Software Corp.