Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force. This indicator will change direction before any changes in the driving force, which, it its turn, will change its direction before the price. If you...
MACD Expert: This expert advisor is using the MACD indicator to open trades. It works on any symbol and support 5 and 4 digits brokers. The exits are based on fixed stop loss and take profit values. Inputs Lot Size, Stop Loss in points, Take Profit in points, Max allowed spread in points, EA...
New article Theoretical Basis of Building Cluster Indicators for FOREX has been published:
Cluster indicators are sets of indicators that divide currency pairs into separate currencies. Indicators allow to trace the relative currency fluctuation, determine the potential of formating new currency...
New article Expert Advisor Sample has been published:
The principles of MQL4-programs development are shown on sample of creating a simple Expert Advisor system based on the standard MACD indicator.
Author: MetaQuotes Software Corp.
New article An Expert Advisor Made to Order. Manual for a Trader has been published:
Not all traders are programmers. And not all of the programmers are really good ones. So, what should be done, if you need to automate your system by do not have time and desire to study MQL4?
Stop Loss Take Profit: If a trade is closed by Stop loss, the volume is doubled; if by Take profit the minimum volume is used. OnTradeTransaction is used to determine whether a trade was performed after the activation of Stop loss or Take profit. if(deal_symbol==m_symbol.Name() &&...
Scan for conditions in which you have an interest. Show where the condition arose historically on the current Symbol and timeframe. On a separate panel, show where the condition has currently arisen for any of your chosen symbols and timeframes.
Price prediction by Nearest Neighbor found by a weighted correlation coefficient:
The main disadvantage of the classical Nearest Neighbor algorithm (see an examplary implementation in https://www.mql5.com/en/code/133) is that all prices within a pattern are treated equally. In other words, it...
Klinger_Oscillator: Klinger Oscillator developed by Stephen Klinger to determine the long-term trend while remaining sensitive to detect short-term fluctuations enabling the trader to predict short-term reversals. Author: Scriptor
Nova: The Expert Advisor checks the direction in which the price has been moving for the last 10 seconds, and opens a position in accordance with the movement. The EA sets Stop Loss and Take Profit. Author: Vladimir Karputov
Exp_FineTuningMACandle_Duplex: Two identical trading systems (for long and short positions) based on the signals of the FineTuningMACandle indicator, which can be configured in different ways within one Expert Advisor Author: Nikolay Kositsin