Articles, Library comments - page 274

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

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 average

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.

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

RSI with divergency: RSI modified to show the excess of the market (more than 70 and less than 30), and show you the divergency with the price. Regular RSI, but it will show the divergency or the convergency between the 2 last peaks. You can choose the icon's size as well as the excess...

Hedge Expert Advisor: disturbed EA wich open a long and a short position at the same time. Author: Brown

MQL5 Wizard - Trade Signals Based on Bullish Engulfing/Bearish Engulfing + MFI : The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in MQL5 Wizard for the details). It

AutoTStop EA: AutoTStop EA does not work to open the orders, but only helps trader to use Trailing Stop. Author: 3rjfx

ZIGZAG on fractals, without redrawing the values: Zigzag lines are built on fractals Author: Vladimir Khlystov

Stochastic Three Periods : Uses the iStochastic (Stochastic) indicator from three different timeframes. Author: Vladimir Karputov

ProMart. : The Improved version of the MаrtGreg Expert Advisor. An Expert Advisor opens position using two MACD indicators. It reverts the position in the case of loss. It uses a martingale with the limited number of doublings. The doublings can be disabled. Author: Fox Rex

D_Oscillator : RSI+CCI in one window. Author: Scriptor

New article The Simple Example of Creating an Indicator Using Fuzzy Logic is published: The article is devoted to the practical application of the fuzzy logic concept for financial markets analysis. We propose the example of the indicator generating signals based on two fuzzy rules based on

up3x1 : The Expert Advisor based on three moving averages and exit using Stop Loss or Take Profit. It sets up a market entry upon the conclusion of a trend on the trend reversal. Author: Дмитрий

VR Orders History MT5 Lite : VR Orders History MT5 Lite - a script for downloading trading history in the CSV format. Author: Vladimir Pastushak

Inverse Fisher CCI : CCI is a very useful indicator. But it lacks one thing: known bounds. Adding Inverse Fisher Transform to CCI makes it oscillate in known bounds, and that way it can help in assessing what is exactly going on with the markets. Also, a sort of a signal line is added (so instead of

Trendlines Day: Trendlines Day indicator. Author: John Smith

Other_Candles : The indicator draws candlesticks in a separate window in the form of a histogram from the zero line. Author: Scriptor

id_digits_object : Displays the number of decimal places (the number of digits in the fractional part), time and values of graphic object anchor points. Author: Dina Paches

T3 levels : One of the natural ways to make the EMA levels smoother and faster if necessary, is to use T3 instead of EMA. T3 is very similar to EMA in calculating way and it makes it suitable for this way of calculation. As an extension of EMA levels it might prove to be useful but by all means do

ColorJJRSX : Smoother Relative Strength Index Fig.1 The ColorJJRSX indicator Author: Nikolay Kositsin

Modified assistant for selecting the manual strategy: The indicator is designed for testing manual strategies and for practicing working according to the strategy. It provides operation reports presented as a table, chart, and additionally saves templates with and without the markup. Author: Fedor...

3 MAs Market : Indicator that shows the current estimated state of the market based on a correlation of 3 Moving Averages. If using default settings, the colors are the following: Light green - trend up, Green - possible up trend start, Red - trend down, Orange - possible down trend start, Gray -

Gann Hi-lo Activator SSL: The unpretentious indicator, will approach beginners in mastering MQL4. Author: John Smith

XRSXTrend_NRTR : A semaphore signal indicator using the XRSX oscillator, which is similar to BykovTrend with an NRTR line based on the values of the ATR indicator. Author: Nikolay Kositsin

Derivative_HTF : The Derivative indicator with the timeframe selection option available in the input parameters. Author: Nikolay Kositsin

New article Cross-Platform Expert Advisor: Money Management has been published: This article discusses the implementation of money management method for a cross-platform expert advisor. The money management classes are responsible for the calculation of the lot size to be used for the next trade to

Exp_Fractal_ADX_Cloud : The trading system based on crossing of the DI+ and DI- lines of the Fractal_ADX_Cloud indicator. Author: Nikolay Kositsin