Articles, Library comments - page 256

Dsl - CMO: The Chande Momentum Oscillator is a technical momentum indicator invented by Tushar Chande. Chande introduced the indicator in his 1994 book "The New Technical Trader". It is created by calculating the difference between the sum of all recent gains and the sum of all recent losses...

Schaff Trend Cycle - DEMA: The Schaff Trend Cycle (STC) indicator is the product of combining Slow Stochastics and the Moving Average Convergence/Divergence (MACD). The MACD has a reputation as a trend indicator, but it's also notorious for lagging due to its slow responsive signal line. The...

Rsi(var) Zerolag DEMA: As it was shown in the Rsi(var) indicator, other Moving Averages can be used for calculation of an RSI indicator. This version is one more step in that direction. Adding zero lag DEMA to the RSI calculation as a preferred smoothing method has two things as a result: It...

Triple Hull: The indicator is using 3 instances of Hull Moving Average. The Hull Moving Average (HMA), developed by Alan Hull, is an extremely fast and smooth moving average. In fact, the HMA almost eliminates lag altogether and manages to improve smoothing at the same time. Combining 3...

Rsi(var) Zerolag MA: As it was shown in the Rsi(var) indicator, other Moving Averages can be used for calculation of an RSI indicator. This version is one more step in that direction. Adding zero lag MA to the RSI calculation as a preferred smoothing method has two things as a result: It is...

CEquityHstBar: CEquityHstBar is the library for showing the equity of EA back-testing on an offline chart. The class is designed to write the equity data in back-testing into hst file, and then show the equity on an offline chart. Author: Ziheng Zhuang

New article Video tutorial: MetaTrader Signals Service has been published: In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this...

IEEE Floating-Point Decoder: Display the actual stored value of a floating-point (i.e., float, double) number, with high accuracy up to many decimal digits. This helps to debug exact value of floating-point numbers for other MQL5 programs. Author: amrali

Zero lag TEMA: The Indicator ZeroLAG MA was described in journal Technical Analysis of Stocks and Commodities, April, 2000 for the first time and according to creators, the Indicator ZeroLAG MA is a Moving Average with zero delay. This indicator uses TEMA calculation mode in order to make...

Zero lag DEMA: The Indicator ZeroLAG MA was described in journal Technical Analysis of Stocks and Commodities, April, 2000 for the first time and according to creators, the Indicator ZeroLAG MA is a Moving Average with zero delay. But, since everything can be a subject to improvement, here...

Zero lag MA: In an eternal search for an average with less lag, there were few attempts that were quite good. The ZeroLAG MA indicator was described in the journal "Technical Analysis of Stocks and Commodities", April, 2000 for the first time. According to creators, the ZeroLAG MA indicator...

LinearRegSlope_v1: Indicator LinearRegSlope_v1. Author: John Smith

RSI 2 TimeFrames: The RSI indicator has the ability to display a single window of RSI values of another timeframe defined by the user. Author: Alexey Surkov

Closed_TOTAL: Total closure of all positions (winners/losers). You can also select which are of a single instrument. Author: Miguel Angel Vico Alba

Bounce Strength Indicator 2.0 with Tango Line: Bounce Strength Indicator (BSI) shows the strength of bounce. It now works in trend and uses Tango Line calculations. Author: fxborg

Step Stochastic: The upgraded version of Stochastic without repainting. Author: Mladen Rakic

Z-Score Calculation: The library helps to organize calculations of Max, Min, universal mean, standard deviation, skew, kurtosis, and Z-score, on the data array. Author: MetaQuotes Software Corp.

Limit Orders Control: This is a not big assistant for trading with limit orders. Author: Yurij Izyumov

i-CAi_Digit: The i-CAi indicator displays the most recent value as a price label with the the possibility to round the channel levels up to a required number of digits. Author: Nikolay Kositsin

Polish Layer: The Expert Advisor is based on the following indicators: RSI, WPR, Stochastic, Moving Average, deMarker ‌ Author: Vladimir Karputov

x1: Simultaneous opening of opposing positions. Lot management Author: Vladimir Karputov

Stochastic RSI: In their 1994 book, "The New Technical Trader", Tushar S. Chande and‎ Stanley Kroll explain that RSI can oscillate between 80 and 20 for extended periods without reaching extreme levels. Notice that 80 and 20 are used for overbought and oversold instead of the more...

3MACross EA: An Expert Advisor based on indicators "MA Cross 3MACross Alert WarnSig" and "Price Channel" Author: Vladimir Karputov

ErrorDesc: The code is based on the ErrorDescription library. Library contains ErrorDescription() function with two input parameters error_code and optional parameter txt_prefix. string ErrorDescription(int error_code,string txt_prefix="") GetLastError() return codes can be found here https...

RSI of average: There has been a lot of complaints of some people that MetaTrader 5 is so much more complicated than MetaTrader 4 regarding the code. But it seems that people haven't explored the possibilities of MetaTrader 5 to the full. Here is just one example: a very well known RSI of...

Stochastic of T3: This version of Stochastic Oscillator reduces the number of false alerts by smoothing the price prior to be used in the stochastic calculation. That makes a nice smooth stochastic as a result that can easily be used for trend trading systems. Author: Mladen Rakic

NRTR GATOR: It is NRTR indicator, in which candlesticks are painted in accordance with the mutual positions of Alligator lines. Author: MetaQuotes Software Corp.

Expert NEWS: Expert NEWS - MetaTrader 5 Expert Advisor. BuyStop and SellStop pending orders. Author: Vladimir Karputov

Limits Martin: The Expert Advisor places pending limit orders at the specified distance from the price and trails them after the price with the specified step, applies martingale. Author: Dmitriy Epshteyn

ADXm: The ADXm indicator, unlike the traditional one, allows to see the positive and negative waves of the trend. The method for working with this indicator is the same as with the traditional one. Author: ANG3110