New article Library for easy and quick development of MetaTrader programs (part XXII): Trading classes - Base trading class, verification of limitations has been published: In this article, we will start the development of the library base trading class and add the initial verification of
This indicator is a standard Commodity Channel Index with the standard average deviation formula and the possibility to select smoothing algorithm and dynamically changing oversold/overbought levels.
Author: Nikolay Kositsin
Collection of ticks with writing data to a file and plotting non-standard charts. For each of the listed chart types a specific price type can be set:By Bid prices - the way it is used in МТ4.By Ask prices - instead of Bid the real Ask prices are displayed, but not the addition of...
Binary Options Simulated Trading Indicator for MT4: This is a binary options simulated trading indicator on MetaTrader 4 client, novice traders can use to practice trading strategies, program interface have simplified Chinese and English. Author: Leon Lam
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...
Chaikin Oscillator (CHO):
Chaikin's Oscillator (CHO) is the difference of moving averages of Accumulation/Distribution.
"The concept of this oscillator is based on three main theses.
First: if a share or an index is higher when it closes than it was during the day (you can calculate the average...
The indicator acts in a fully opposite way comparing to the adaptive moving averages during a trend market: in case of a definite trend, both indicator lines (Lead Sine and Sine Wave) move parallel to each other and show the trend direction by their location relative to each other; in...
New article MQL5 Cookbook: Processing of the TradeTransaction Event has been published:
In this article I would like to introduce one of the ways to control trade events using the means of MQL5. I must mention that a few articles have already been dedicated to this topic. "Processing of trade...
This indicator is based on Momentum and the analysis of a trend direction of its multiple signal lines.
A trend direction in this indicator is determined by the cloud color, while its power is determined by the cloud width. You can use the overbought (UpLevel) and oversold...
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.
New article The 'Turtle Soup' trading system and its 'Turtle Soup Plus One' modification has been published: The article features formalized rules of two trading strategies 'Turtle Soup' and 'Turtle Soup Plus One' from Street Smarts: High Probability Short-Term Trading Strategies by Linda Bradford...
Wedge pattern: "Wedge pattern" naked trading price action EA draws 2 mini Trend Lines with "Fractals" on chart and trades with Wedge pattern strategy,has Trailing Stop Loss &Take Profit works with all time frames major forex pairs and stocks NASDAQ. Author: Aharon Tzadik