Articles, Library comments - page 7

Momentum : The Momentum technical indicator measures the amount that a security’s price has changed over a given time period. There are basically two ways to use the Momentum indicator: You can use the Momentum indicator as a trend-following oscillator similar to the Moving Average
Money Flow Index (MFI) : Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it. Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is
New article MetaTrader 5: Publishing trading forecasts and live trading statements via e-mail on blogs, social networks and dedicated websites is published: This article aims to present ready-made solutions for publishing forecasts using MetaTrader 5. It covers a range of ideas: from using dedicated
New article Transferring Indicators from MQL4 to MQL5 is published: This article is dedicated to peculiarities of transferring price constructions written in MQL4 to MQL5. To make the process of transferring indicator calculations from MQL4 to MQL5 easier, the mql4_2_mql5.mqh library of functions is
New article Using WinInet.dll for Data Exchange between Terminals via the Internet is published: This article describes the principles of working with the Internet via the use of HTTP requests, and data exchange between terminals, using an intermediate server. An MqlNet library class is presented
New article The algorithm of ticks’ generation within the strategy tester of the MetaTrader 5 terminal is published: MetaTrader 5 allows us to simulate automatic trading, within an embedded strategy tester, by using Expert Advisors and the MQL5 language. This type of simulation is called testing of
New article OOP in MQL5 by Example: Processing Warning and Error Codes is published: The article describes an example of creating a class for working with the trade server return codes and all the errors that occur during the MQL-program run. Read the article, and you will learn how to work with
New article Practical Application Of Databases For Markets Analysis is published: Working with data has become the main task for modern software - both for standalone and network applications. To solve this problem a specialized software were created. These are Database Management Systems (DBMS)
New article Creating and Publishing of Trade Reports and SMS Notification is published: Traders don't always have ability and desire to seat at the trading terminal for hours. Especially, if trading system is more or less formalized and can automatically identify some of the market states. This
New article Connection of Expert Advisor with ICQ in MQL5 is published: This article describes the method of information exchange between the Expert Advisor and ICQ users, several examples are presented. The provided material will be interesting for those, who wish to receive trading information
New article Creating Active Control Panels in MQL5 for Trading is published: The article covers the problem of development of active control panels in MQL5. Interface elements are managed by the event handling mechanism. Besides, the option of a flexible setup of control elements properties is
New article Creating a "Snake" Game in MQL5 is published: This article describes an example of "Snake" game programming. In MQL5, the game programming became possible primarily due to event handling features. The object-oriented programming greatly simplifies this process. In this article, you will
Mass Index : The Mass Index is developed to catch the trend reversal points. The mass index was created by Donald Dorcy. In case the movement is considerable the Mass Index goes up, otherwise if it is slight the Mass Index goes down. The daily prices movements are used for this purpose. According to
Market Facilitation Index (BW MFI) : Market Facilitation Index technical indicator (BW MFI) is the indicator which shows the change of price for one tick. Absolute values of the indicator do not mean anything as they are, only indicator changes have sense. Bill Williams emphasizes the interchanging
  Indicators: MACD  (18   1 2)
MACD : The Moving Average Convergence/Divergence (MACD) is the next trend-following dynamic indicator. It indicates the correlation between two Moving Averages of a price. Author: MetaQuotes Software Corp
Ichimoku Kinko Hyo : The Indicator Ichimoku Kinko Hyo is predefined to characterize the market Trend, Support and Resistance Levels, and to generate signals of buying and selling. Author: MetaQuotes Software Corp
  Indicators: Heiken-Ashi  (21   1 2 3)
Heiken-Ashi : The Heiken-Ashi indicator is looks like the candlestick chart, but it has some difference.The advantage of the Heiken-Ashi charts is a simple trend determination, the upward trend candles are blue,the downward trend candles are red. Author: MetaQuotes Software Corp
Gator Oscillator : The Gator Oscillator is based on the Alligator and shows the degree of convergence/divergence of the Balance Lines (Smoothed Moving Average). Author: MetaQuotes Software Corp
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
Force Index (FRC) : Force Index technical indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bears Power at each decrease. It connects the basic elements of market information: price trend, its drops, and volumes of transactions. This index can
Envelopes : Envelopes technical indicator is formed with two Moving Averages, one of which is shifted upward and another one is shifted downward. The selection of optimum relative number of band margins shifting is determined with the market volatility: the higher the latter is, the stronger the
New article An example of the development of a trading system based on the differences in timezones on different continents is published: Surfing the Internet, it is easy to find many strategies, which will give you a number of various recommendations. Let’s take an insider’s approach and look into
New article Creating Tick Indicators in MQL5 is published: In this article, we will consider the creation of two indicators: the tick indicator, which plots the tick chart of the price and tick candle indicator, which plot candles with the specified number of ticks. Each of the indicators writes the
Detrended Price Oscillator (DPO) : Detrended Price Oscillator removes the trend effect of price movement. This simplifies the process of finding out cycles and overbought/oversold levels. Long-term cycles consist of several shorter cycles. Analyzing such short components helps to define crucial
New article Creating an Indicator with Multiple Indicator Buffers for Newbies is published: The complex codes consist of a set of simple codes. If you are familiar with them, it doesn't look so complicated. In this article, we will consider how to create an indicator with multiple indicator buffers
New article MQL for "Dummies": How to Design and Construct Object Classes is published: By creating a sample program of visual design, we demonstrate how to design and construct classes in MQL5. The article is written for beginner programmers, who are working on MT5 applications. We propose a simple
New article The Drawing Styles in MQL5 is published: There are 6 drawing styles in MQL4 and 18 drawing styles in MQL5. Therefore, it may be worth writing an article to introduce MQL5's drawing styles. In this article, we will consider the details of drawing styles in MQL5. In addition, we will
New article MetaTrader 5 and MATLAB Interaction is published: This article covers the details of interaction between MetaTrader 5 and MatLab mathematical package. It shows the mechanism of data conversion, the process of developing a universal library to interact with MatLab desktop. It also covers
New article Processing of trade events in Expert Advisor using the OnTrade() function is published: MQL5 gave a mass of innovations, including work with events of various types (timer events, trade events, custom events, etc.). Ability to handle events allows you to create completely new type of
New article Creating an Indicator with Graphical Control Options is published: Those who are familiar with market sentiments, know the MACD indicator (its full name is Moving Average Convergence/Divergence) - the powerful tool for analyzing the price movement, used by traders from the very first