Articles, Library comments - page 87

RSI with RSI: In his article Combining Rsi With Rsi, author Peter Konner describes the use of two different RSI calculations using different lengths to allow trading of retracements as well as longer-term positions. The five-week and 17-week RSI values are used for entry and exits while the...

Daily Change Text Alert : The indicator shows 'Daily Change' on the daily timeframe. When the specified limit is reached, plays sounds Author: Vladimir Karputov

Advanced MTF RSI: With the MTF RSI Indicator you can easily identify the oversold/overbought levels on several different timeframes by using only one chart. Author: Ponder Solutions Limited

Custom Angle Trendline : Sometime we have to work with Custom Angles based trendline for price action analysis e.g. 45 degree angle is considered more important for up or down trend. This indicator will help you by drawing a trendline which will match your custom angle on last input number of bars

Check Trade Time : This code base is a simple function to check if current time lies within two specified times. Many times it is required by the Ea to enter trades between two specific time of the day only. This code takes two inputs, one is the start time and second is the end time. The code will

MACD AO Colors : 'MACD' indicator with the same color scheme as the 'Awesome Oscillator' indicator Author: Vladimir Karputov

Zero Lag TEMA Crosses: This indicator is actually a combination of two values: it shows the crosses of fast and slow Zero Lag TEMA, and that cross determines the current market trend. Since Zero Lag TEMA is from a family of fast averages, this indicator is very responsive to sudden market...

New article Graphics in DoEasy library (Part 96): Graphics in form objects and handling mouse events has been published: In this article, I will start creating the functionality for handling mouse events in form objects, as well as add new properties and their tracking to a symbol object. Besides, I

Bollinger Bands %b: This is Bollinger Bands %b indicator for MetaTrader 5. It is all about the relationship between price and the Upper and Lower Bands. Author: pumper

Trendline Price Alert: This indicator will trigger an audio/visual alert when the symbol mid-price crosses one of two trendlines placed on the chart. Author: Ron

Martingale Bone Crusher: The EA uses martingale strategy: it enters trades according to the price that is above or below Moving Average. If we lose a trade then the EA will take a new trade in the opposite direction with a multiplied lot size. This Martingale EA can work on all pairs and all...

Nonlag_MA_MACD: MACD variation that uses Nonlag MA. Author: Mladen Rakic

ZeroLagMACD: ZeroLagMACD is an MACD version, which has a much smaller lag compared to the classic MACD. Author: Scriptor

New article Graphics in DoEasy library (Part 95): Composite graphical object controls has been published: In this article, I will consider the toolkit for managing composite graphical objects - controls for managing an extended standard graphical object. Today, I will slightly digress from

Currency Strength Expert : Trade EURUSD and GBPUSD with simple Currency Strength System. Author: DADALI ARWALY

Nadaraya-Watson estimator : Nadaraya-Watson estimator - metatrader 4 version Author: Mladen Rakic

Trailing_Profit: Closing all open positions with the specified profit percent. Author: Vladimir Karputov

Exp_Slow-Stoch_Duplex: Two identical trading systems (for long and short positions) based on the signals of the Slow-Stoch indicator, which can be configured in different ways within one Expert Advisor Author: Nikolay Kositsin

Precision trend (histo): Precision trend (histo). Author: Mladen Rakic

Recursive Moving Average : Recursive Moving Average calls itself a number of times in order to reach the appropriate smoothing. For instance DEMA,TEMA and Rainbow indicators are recursive exponential moving averages. The goal is to remove the loop limit while still running fast. In addition a

Long and Short Stepped Grid Trade : Proportional grid distance, open long and short orders at the same time, skip two grids to take profit; When the equity recaches the take profit of setting, close all positions and restart. Author: Xiao Hua Feng

EMA AND SMA EA : Short description. Author: Tshivhidzo Moss Mbedzi

Trend Direction And Force Index Alert : Trend Direction And Force Index with Alert derived from Mladen Rakic's version https://www.mql5.com/en/code/21869 Author: Andrew Ingosi Likare

AfterEffects: Trading robot based on the theorem "On the presence of memory (aftereffects) in random sequences". Author: Yury Reshetov

AO Rsi : Ao changes direction Engulfing candle Author: traderonemax

Time Filter Library: The function will filter the trade positon. If the current time in the time you set, the function will return true. Author: TRAN DONG PHAT

RSI with BB: RSI with Bollinger Bands calculated on it Author: Fabio Cavalloni

RSI based Overbought Oversold Detection and Signal Generation : This is an EA to generate signals based on RSI signal crossing the upper level or lower level. Author: Satyam Shivam

Currency Strenght Meter - MT4 : The currency strength meter is a trading tool that is used to identify trending and consolidating markets based on the percentage rate of change in price from one period to the next. Author: Rodi Chamii

Recursive Moving Average : Recursive Moving Average calls itself a number of time in order to reach the appropriate smoothing. For instance DEMA and TEMA are recursive exponential movnig averages. The goal is to remove the loop limit while still running fast. In addition a trigger line provides the