Articles, Library comments - page 310

Dsl - CMO bars : 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

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 and

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 is

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 instances

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 the lag

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 is

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 is a

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.

MI_Fractal : A Fractal indicator with extended functionality. Author: Nikolay Kositsin

Daily BreakPoint : A daily bar breakout strategy. Author: Vladimir Karputov

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

ATRPivot : ATRPivot generates support and resistance levels considering Average True Range (ATR) indicator. The idea of this indicator was formed based on the ATR Channels indicator code developed by Luis Guilherme Damiani. Author: Nikolay Kositsin

Bollinger Bands N positions : Signals are generated by the iBands, Bollinger Bands indicator. When a signal is received, opposite positions are closed. 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 traditional 70

New article Graphical Interfaces X: Text Edit box, Picture Slider and simple controls (build 5) has been published: This article will consider new controls: Text Edit box, Picture Slider, as well as additional simple controls: Text label and Picture. The library continues to grow, and in addition to

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