New article Rebuy algorithm: Math model for increasing efficiency has been published: In this article, we will use the rebuy algorithm for a deeper understanding of the efficiency of trading systems and start working on the general principles of improving trading efficiency using mathematics and
New article Category Theory (Part 9): Monoid-Actions has been published: This article continues the series on category theory implementation in MQL5. Here we continue monoid-actions as a means of transforming monoids, covered in the previous article, leading to increased applications. If we run
Tipu Renko Live:
Tipu Renko Live is a modified version of Renko Charts that can be plotted on a normal time frame.
Author: Kaleem Haider
Simple check open orders filter boolean function for Expert Advisors : This is a simple boolean function for the EA to detect if there is any previous open market orders without using the "OrdersTotal()" built-in function which might cause the EA to calculate positions not opened by each specific
PDFma: PDFma — average using probability density function for average calculation. Author: Mladen Rakic
Turn Area Chart:
The display of the RSI indicator in the main window of the chart relative to the moving average indicator.
Author: IURII TOKMAN
DinapoliTargets:
This is MQL5 version of DinapoliTargets indicator. The ZigZag indicator is added to the chart.
It plots several horizontal lines after determination of the local peak/bottom. The white line is the entry point, the remained lines are targets, the first target is the most probable....
Fractals:
The Fractal is one of 5 indicators of Bill Williams’ trading system, which allows to detect the bottom or the top.
Author: MetaQuotes Software Corp.
Pending Order count-BUY STOPS : This script counts the number of pending buy stop orders for each symbol and returns the value. Author: Chioma Obunadike
Fractal Prices-High : Returns the price for the most recent fractal high Author: Chioma Obunadike
Money Management : Close trades when the percentage profit or risk of the account is reached Author: Chioma Obunadike
New article Websockets for MetaTrader 5 — Using the Windows API has been published: In this article we will use the WinHttp.dll to create a websocket client for MetaTrader 5 programs. The client will ultimately be implemented as a class and also tested against the Binary.com websocket API. Running
SD Delete Indicators: The script allows to quickly remove indicators from charts. Author: Dina Paches
New article MQL5 Programming Basics: Time is published:
The article focuses on standard MQL5 functions for working with time, as well as programming techniques and practically useful functions for working with time that are required when creating Expert Advisors and indicators. Particular attention...
MQL_Easy: A cross platform library/framework Author: Dionisis Nikolopoulos
Well Martin:
Well Martin EA is based on two indicators: Bollinger Bands and ADX. It is designed for use on a tranquil market.
Author: Andrew Kornishkin
Ma Price Cross (Custom Time) : Buys when price breaks above the MA and Sells when price breaks below the MA. User can choose the time range (server time) to trade in. Author: Jacobie Nycambren Barksdale
Gaps: The EA waits for a gap on a specified timeframe. Author: Vladimir Karputov
New article How to create a custom Donchian Channel indicator using MQL5 has been published: There are many technical tools that can be used to visualize a channel surrounding prices, One of these tools is the Donchian Channel indicator. In this article, we will learn how to create the Donchian
New article Universal RSI indicator for working in two directions simultaneously has been published: When developing trading algorithms, we often encounter a problem: how to determine where a trend/flat begins and ends? In this article, we try to create a universal indicator, in which we try to...
NRTR:
A variation of a well-known Nick Rypock Trailing Reverse indicator.
Author: MetaQuotes Software Corp.
New article Multibot in MetaTrader: Launching multiple robots from a single chart has been published: In this article, I will consider a simple template for creating a universal MetaTrader robot that can be used on multiple charts while being attached to only one chart, without the need to configure
New article Category Theory in MQL5 (Part 8): Monoids has been published: This article continues the series on category theory implementation in MQL5. Here we introduce monoids as domain (set) that sets category theory apart from other data classification methods by including rules and an identity
New article Applying Monte Carlo method in reinforcement learning has been published: In the article, we will apply Reinforcement learning to develop self-learning Expert Advisors. In the previous article, we considered the Random Decision Forest algorithm and wrote a simple self-learning EA based...
Composite Index: Constance Brown's description of Composite Index: The Composite Index was developed to solve the divergence failure problem in the RSI, but its ability to provide specific horizontal levels of support within the indicator adds to its value. The Composite Index takes the...
Horizontal line for max/min prices of the last 2 years:
Example code on how to draw an horizontal line for maximum and minimum prices of the last 2 years.
Author: Alain Verleyen
New article Experiments with neural networks (Part 6): Perceptron as a self-sufficient tool for price forecast has been published: The article provides an example of using a perceptron as a self-sufficient price prediction tool by showcasing general concepts and the simplest ready-made Expert
Stoch RSI MT5 : The Stochastic RSI indicator (Stoch RSI) is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user defined period of
VWAP bands: Volume weighted average bands. Author: Mladen Rakic
Easy Canvas: The library and iCanvas class simplify writing programs using Canvas. Author: Nikolai Semko
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