Articles, Library comments - page 170

New article Do Traders Need Services From Developers? has been published: Algorithmic trading becomes more popular and needed, which naturally led to a demand for exotic algorithms and unusual tasks. To some extent, such complex applications are available in the Code Base or in the Market. Although...

Training Chart Generator/Controller: Simple utility that makes use of offline charts to facilitate training by enabling bar-by-bar display - both forward and backward, as well as reset to a pre-defined date/time. Author: Seng Joo Thio

Universal 1.64: Universal trailing of positions and pending orders. Universal trailing of positions and pending orders. The Expert Advisor can also open positions and place pending orders. The EX can: Trail stop levels for orders of any type (market and pending), Apply scalping techniques, Track the...

New article How to Copy Trading from MetaTrader 5 to MetaTrader 4 is published: Is it possible to trade on a real MetaTrader 5 account today? How to organize such trading? The article contains the theory of these questions and the working codes used for copying trades from the MetaTrader 5 terminal...

N-_Candles_v6: The Expert Advisor searches for N identical candlesticks in a row. It buys on bullish candlesticks and sells on bearish ones. The account type is taken into account, i.e. whether it is netting or hedging. Author: Vladimir Karputov

New article Merrill patterns has been published: In this article, we will have a look at Merrill patterns' model and try to evaluate their current relevance. To do this, we will develop a tool to test the patterns and apply the model to various data types such as Close, High and Low prices, as well

BearsBullsPower: Indicator Bears and Bulls Power for MT5 together in one separate window. Author: Roberto Jacobs

Open/Close Charts: First script selects symbols (with spread below specified value) on the marketwatch, then opens charts applying stated timeframe and template.Second script closes all charts and deletes symbols on the marketwatch. Author: Mokara

Trend_Catcher: The EA looks for trend using three MAs (period 200, 50, 25 or other) and opens orders using the Parabolic SAR indicator. There is martingale in an Expert Advisor, the lot is calculated in percents from a deposit depending on Stop Loss. Author: Dmitriy Epshteyn

HistoryInfoEA: This expert is a tool which helps every trader to see the historical results by magic number or orders' comment.For more information for expert you can to visit the product's page: https://www.mql5.com/en/market/product/26008 Author: Nikolaos Pantzos

Multi currency pair Indicator: This indicator watches the major currency pairs to find the status of the current candle (Bullish or Bearish) of USD, EUR, and GBP compared to other currencies such as EUR, JPY, GBP, CHF, AUD, and CAD. Author: heao

Carry Trade Tools: These codes give you a list of currency pairs that have a positive and negative swap. This is useful when you do a Carry Trade strategy. Author: Joel Protusada

Indicators Based on the MUV Described by Sator: The MUV indicator created by Sator is used. Author: svm-d

New article Continuous Walk-Through Optimization (Part 2): Mechanism for creating an optimization report for any robot has been published: The first article within the Walk-Through Optimization series described the creation of a DLL to be used in our auto optimizer. This continuation is entirely

Dematus: Increasing a position volume. Entry signal by iDeMarker (DeMarker, DeM) indicator. Regular trailing and trailing by equity. If there is a position, and the price moved from the last position open price (stored in the m_last_deal_price_IN internal variable) for the specified Distance, while...

SailSystemEA: This Expert Advisor is a pure hedging system. The expert place and manage two market opposite orders. Runs perfectly on pairs with tight spread and low commission broker (commission plus spread equal or less than 0.5 pip). The code is available for testing and studying....

Volume_Accumulation: Indicator of volumes accumulated. Author: Scriptor

New article An Expert Advisor Made to Order. Manual for a Trader has been published: Not all traders are programmers. And not all of the programmers are really good ones. So, what should be done, if you need to automate your system by do not have time and desire to study MQL4? Author: Andrey...

MelBar EuroSwiss 1.85 Expert Advisor: The MelBar™ EuroSwiss 1.85x 2Y™ Expert Advisor is a specific purpose profit-scalping tool which success depends on your understanding of its underlying strategy and your ability to configure it. Backtest results using historical data from 6 February 2018 15:00

SDX-TzPivots_3: Calculation of pivot and similar levels based on time zones. Author: Aleh Sasonka

Smart Tunel Trading: The Smart tunnel is a smart robot for trading with an automatically drawn trend line to act with it and market movement.Enjoy :) Author: Ali Sabbaghi

New article Library for easy and quick development of MetaTrader programs (part XXVII): Working with trading requests - placing pending orders has been published: In this article, we will continue the development of trading requests, implement placing pending orders and eliminate detected

New article False trigger protection for Trading Robot has been published: Profitability of trading systems is defined not only by logic and precision of analyzing the financial instrument dynamics, but also by the quality of the performance algorithm of this logic. False trigger...

MQL5 Wizard - Trade Signals Based on Crossover of Two EMA with intraday time filter: MQL5 Wizard allows to create the code of Expert Advisors automatically. See Creating Ready-Made Expert Advisors in MQL5 Wizard for the details. The trading signals of the strategy, based on two moving averages are...

Updated Meta Neural Dashboard: An old forum indicator that's been updated Author: Kenneth Parling

ClosePosition: The script is designed for closing open positions. Author: Nikolay Kositsin

Urdala_Trol: The EA performs initial opening in both directions. Then it tries to pull the remaining side into profit. Working Strategy If there are no open positions (opened by the EA), two oppositely directed positions with the "Lots" initial lot are opened with a stop loss equal to "Stop Loss",...

iBands_Advanced_Histo: The indicator is shown in a histogram the Bands uptrend and downtrend uses a different way.You can set period of indicator and levels for trend. Author: Nikolaos Pantzos

Freeman: Trading by RSI and Moving Average. Moving Average is used as a trend filter on H1. The idea is trivial: if RSI is in the oversold area and starts reversing upwards, while Moving Average goes up as well, this is a buy signal. An opposite case is applied to selling. The main EA feature is the...

Exp_TimeZonePivotsOpenSystem_Tm_Plus: The trading system based on TimeZonePivotsOpenSystem indicator signals with the possibility to set a fixed position holding time Author: Nikolay Kositsin