Based on the idea of pramono72 I wrote an Expert Advisor for it. It may also server as a simple way to write expert advisors using an include file and very few code lines.
Author: Thomas Quester
New article Controlling the Slope of Balance Curve During Work of an Expert Advisor is published:
Finding rules for a trade system and programming them in an Expert Advisor is a half of the job. Somehow, you need to correct the operation of the Expert Advisor as it accumulates the results of...
Position in channel:
The indicator shows the position of the current price in a channel.
First it determines the channel boundaries. The upper boundary is defined as the maximal value of High, the lower boundary is determined from the minimal values of Low. If the current value of Close is...
New article How to Quickly Create an Expert Advisor for Automated Trading Championship 2010 is published:
In order to develop an expert to participate in Automated Trading Championship 2010, let's use a template of ready expert advisor. Even novice MQL5 programmer will be capable of this task,...
The idea of this indicator has been proposed by Bill Williams in his book "New Trading Dimensions: How to Profit from Chaos in Stocks, Bonds and Commodities".
It shows the "fourth dimension" of the market - it paints the bar charts with different colors (green, grey and red)...
The indicator plots a price channel using the Hodrick-Prescott Filter.
The first step is to calculate the smoothed values of Close prices. After that it smoothed again with higher smoothing period. As a result we will have HP and HPSlow. On the next step we calculate the...
Optimize single Moving average trading:
Optimize trading with a single moving average. This indcator tests each moving average and automatically finds the moving average which fits best to the current market
Author: Thomas Quester
The indicator plots the smoothed value of the Accelerator.
The smoothing is carried out by four-pass EMA with period, specified in the "MA period" input parameter.
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
The indicator allows to perform any arithmetic action with prices of two symbols and plot result on any other chart. It allows to calculate crosses (using multiplication and division), spread (subtract) or just to plot the other symbol's data on the chart.
The script can apply the trailing function based on the portfolio profits, i.e. Stop Levels can be set upon reaching the total breakeven level of all the orders in the selected direction.
Author: Vladimir Khlystov
An indicator can be useful for traders who are working on opening of the new candle, it prints the time to close of the current timeframe.
If the timeframe is lower than H1, it also prints the time to close of the current hourly candle.
Trend indicator with simple smoothing algorithms. Based on the indicator trend.mq4 with some modifications.
It has an only one parameter - period (use period=24 for EURUSD).
Draws 96 line MAs with only 100 lines of code (uses CMyBuffer class).
And the idea in Chinese name, called 'jun xian liu'.(That means "Moving Average Line Flow".) I wanted to simplify the multi-indicator template with a multi-line indicator. But it means many repetitive codes.
Price Distribution :
Numeric representation of how many times each price occurred during a given period, Use on a 1 min chart, enter number of hours and minutes you want to look back. Useful in determining actual support and resistance levels.
Get the High Median and Low values of each timeframe, use them all or one at a time, pick a specific one it is up to you and your needs. The family of indicators will be here for your use