iMAX3alert Fast trend alert indicator.: A useful well behaved stand alone chart tool for traders, and a practical demonstration and application of principles used in the iMAX3 indicator previously submitted. Author: Wiley
McGinley Dynamic Indicator: The McGinley Dynamic indicator is designed to follow prices, avoiding whipsaws that are given when conventional Moving Averages are used. Conventional Moving Averages have a fixed period and therefore a fixed speed. As a result, price separation occurs when the...
Awesome Oscillator Divergence: This indicator will plot divergence lines on the Awesome_Oscillator indicator and will give buy and sell signal by displaying arrows. It also has a built-in Show_alert, Play_Sound, Send_Email & Send_Notification function. This indicator based on...
New article Step on New Rails: Custom Indicators in MQL5 is published:
In this article we will consider the indicators, their structure, drawing, types and their programming details, as compared to MQL4.I hope that this article will be useful both for beginners and experienced developers, maybe...
New article General information on Trading Signals for MetaTrader 4 and MetaTrader 5 is published:
MetaTrader 4 / MetaTrader 5 Trading Signals is a service allowing traders to copy trading operations of a Signals Provider. Our goal was to develop the new massively used service protecting...
Self Optimizing RSI or MFI Trader: This robot optimizes the values it uses for overbought and oversold based on what would have been profitable during the Optimization periods(bars) back. Using the strategy of selling when the index indicator crosses below overbought and buying when the index...
New article Library for easy and quick development of MetaTrader programs (part X): Compatibility with MQL4 - Events of opening a position and activating pending orders has been published: In the previous articles, we started creating a large cross-platform library simplifying the...
New article Cross-Platform Expert Advisor: Signals has been published: This article discusses the CSignal and CSignals classes which will be used in cross-platform expert advisors. It examines the differences between MQL4 and MQL5 on how particular data needed for evaluation of trade signals are...
Overlay Chart Modified to not repaint on each bar: Used to compare 2 currencies on one chart, the Original indicator will recenter its calculation on every bar, and hence the price will keep shifting up and down and so the historical relative values do not remain constant. This indicator was...
Evenly weighted DXY and changeable base currency: Currency Index that calculates evenly on all 7 major pairs. Can also change base currency. Based on No Nonsense Forex podcast. Author: Karel Nagel
New article Developing a cross-platform Expert Advisor to set StopLoss and TakeProfit based on risk settings has been published: In this article, we will create an Expert Advisor for automated entry lot calculation based on risk values. Also the Expert Advisor will be able to...
Lilith goes to Hollywood:
An antimartingale which tries to maximise the gain/risk ratio. I have a 5 digits account, let me know if you have any problem with this.
Author: Bluesky
New article Arranging a mailing campaign by means of Google services has been published: A trader may want to arrange a mailing campaign to maintain business relationships with other traders, subscribers, clients or friends. Besides, there may be a necessity to send screenshotas,...
Automatic Posting with WebRequest():
An example of posting a message containing an image on the MQL5.com website using the WebRequest() function. This is an example of how to authorize using a login and a password, and to insert an image into a text message.
Warning: avoid sending too frequent...
New article Evaluating the ability of Fractal index and Hurst exponent to predict financial time series has been published: Studies related to search for the fractal behavior of financial data suggest that behind the seemingly chaotic behavior of economic time series there are...
Professional ZigZag:
I think that ZigZag is something like compression of the price chart. The ZigZag can be calculated using the price of the bar (for example, Close price) or High/Low prices of the bar (the most common used method)
While working with the standard ZigZag, proposed by MetaQuotes,...