In the case of weighted moving average, the latest data is of more value than more early data. Weighted moving average is calculated by multiplying each one of the closing prices within the considered series, by a certain weight coefficient.
Author: John Smith
Dual Trix Ehttps://www.mql5.com/en/users/FoxRexxpert Advisor:
The Expert Advisor is based on Dual Trix indicators. It uses martingale, the number of doublings is limited.
It has good backtesting results for last year (EURUSD, M5).
Author: Fox Rex
OCO Order on MetaTrader4 Platform , MT4 (One cancels the other): OCO_EA.mq4Copyright 2018, Speed TechnologyCopyright 2011, Trade Pro Company Write By Raymond (Hong Kong)OCO Order on MetaTrader4 Platform (Absolute Free)MT4 (One cancels the other) One pip Limit Order...
RSI MA EA: What I have is an EA working from 2000, but it is not optimized. The EA works by Moving Average trend and RSI signals at overbought & oversold areas. It doesn't have targets but instead closes with soonest profits, so it's purpose is to always win. V1 is tested and working on the...
The indicator is a histogram of the lowest/minimum spread only, given in a candle whilst the indicator has been running. Example scripts for placing buy or sell at the lowest spread are included.
MySQL library for MQL4 with proper memory management:
Library provides functions for management of MetaTrader 4 to MySQL database connections. Fixed memory allocation and release problems of the original library.
Hi people! I wanted to create a custom Awesome Oscillator (B. Williams) and also Accelerator Oscillator. Does this look correct? Can anyone check, test or suggest any improvement to it? I got to the point where I do not have improvements to it, such as speed or even error-checking (btw, it has none...
Symbol Movement: This custom indicator will show you 28 pair's daily candle range, High-Low range, candle bullishness or bearishness from real tick market. So you can understand the overall market situation very short time. You can change the default timeframe from Daily to any period and default...
New article Using indicators for optimizing Expert Advisors in real time has been published: Efficiency of any trading robot depends on the correct selection of its parameters (optimization). However, parameters that are considered optimal for one time interval may not retain their effectiveness in...
Awesome Oscillator (AO):
Bill Williams's Awesome Oscillator (AO) is a 34-period simple moving average, plotted through the middle points of the bars (H+L)/2, which is subtracted from the 5-period simple moving average, built across the central points of the bars (H+L)/2.
It shows us quite clearly...
Spread Of Symbols:
The indicator shows the chart of the difference (sum) of trading symbols' prices. It is suitable for visual estimation of trading symbols' correlation. It will be very useful for traders interested in pairs trading (spread trading). Indicator bars are synchronized by time with...
Price Action EA:
Amazing EA that does not use any indicator. Instead, it follows the price action. Tested from 18 August 1995 to 29th January 2014. It has managed to turn $10,000 to 11,958,183.37.