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RedeeCash Rate of Change

Rate of Change

Base on the formula,

ROC = (Close[n] - Close[n-lookback]) / Close[n-lookback] * 100

to plot the rate of change of a currency pair price action over a lookback period, and provides two global variables, SYMBOL_ROC and SYMBOL_ROC_LOOKBACK, which represent the latest Rate of Change value and the Rate of Change at the previous lookback period.

Invoking the indicator using the iCustom function,

iCustom("Market/RedeeCash_Rate_of_Change.ex4",Symbol(),5 ,0,0);

and then retrieving the global variables,

double roc = GlobalVariableGet(StringConcatenate(Symbol(),"_ROC"));
double roc_lookback = GlobalVariableGet(StringConcatenate(Synbol(),"_ROC_LOOKBACK"));

and performing the test to verify a trend,

if (roc > roc_lookback && roc > 0) trend="UP";
if (roc < roc_lookback && roc < 0) trend="DOWN";

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RedeeCash Statistics
Patrick Odonnell Ingle
1 (1)
Version History Date Version Changes 07/10/2022 1.00 Initial release Description A collection of modern statistical functions that can be integrated into your own strategy. The included functions are, Mean Median Range Skew Max Min IRange Deviations AbsoluteDeviations MAD StandardDeviation Variance GetCorrelation SamplingDistributionStandardDeviation ZScore CorrelationCoefficient CoVariance Beta Confidence SNormInv PercentOfValue ValueOfPercent MQL Header (mqh) The required header is //+--------
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RedeeCash AROON
Patrick Odonnell Ingle
Version History Date Version Changes 07/08/2022 1.00 Initial Release Description The Aroon indicator is a technical indicator   that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows. The indicator signals when this is happening, and
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RedeeCash TimeZones
Patrick Odonnell Ingle
DATE VERSION DESCRIPTION OF CHANGES  2022-08-31 1.00 Initial release.  2022-09-01  1.01 (on the Indicator dialog, but is v1.1 on MQL5.COM) Fixed New York active time  2022-09-03 1.02   (on the Indicator dialog, but is v1.2 on MQL5.COM)   Fixed Sydney active on Saturday  This indicator will show the active and inactive trading sessions as well as set global variables as whether the trading session is active (1) or inactive (0). Using the iCustom library function, you can invoke this indicator fr
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DATE VERSION DESCRIPTION OF CHANGES 1.00 2022-09-06 Initial release The RedeeCash Triangular Arbitrage Opportunities shows the available currency triads and each currency trade position setup as a global variable, in the fomat of AAA/BBB, CCC/AAA, CCC/BBB: AAA/BBB -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/AAA   -1|0|1 AAA/BBB, CCC/AAA, CCC/BBB: CCC/BBB -1|0|1 where the value is the trade direction of either OP_BUY or OP_SELL. If the trade direction indicates -1, then no trade should occur for that
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RedeeCash WilliamsX50
Patrick Odonnell Ingle
About : Based on the strategy identified at https://tradingstrategyguides.com/williams-percent-range-strategy/ but automated to support multiple currencies from a single expert advisor instance. Also uses the SMA slow and fast crosses to determine the trend direction. The basis for the external strategy is to open a BUY trade when Williams %R crosses the -50 on an uptrend and open a SELL trade on the down trend. You have control over the trend period and Williams %R range from the midpoint throu
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RedeeCash Interest
Patrick Odonnell Ingle
About : THIS EXPERT ADVISOR (EA) IS FOR ACCOUNTS WHICH PAY OVERNIGHT INTEREST LIKE THE US-BASED OANDA ACCOUNT. TO MAXIMIZE EARNINGS, CHOOSE A COMMISSION-FREE, FIX SPREAD ACCOUNT. IF YOUR BROKER DOES NOT PAY OVERNIGHT INTEREST, THEN DO NOT USE THIS EA ON YOUR ACCOUNT! This Expert Advisor (EA) is like a high-yield savings account ( EXCEPT YOUR ACCOUNT IS NOT FDIC-INSURED ) because a trade will occur on currency pairs that pay(earn) overnight interest (when SWAPRATE_LONG and SWAPRATE_SHORT are pos
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RedeeCash Multime XMA
Patrick Odonnell Ingle
About : Crossing Moving Averages on Multiple Timeframes. While a traditional trend strategy would be to choose one time frame like the Daily to estimate trend, this expert advisor will open a trade in the direction of the trend when ALL timeframes from 5M to Monthly, show the same trend.       SINGLE_CURRENCY = true,  permits operations on a single currency, when disabled (FALSE), will trade the currencies selected in the market watch window on metatrader.       CONCURRENT_ORDERS=0, restricts th
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RedeeCash RSI
Patrick Odonnell Ingle
Version History Date Version Changes 07/09/2022 1.10 Initial released Description The RedeeCash RSI is your typical RSI indicator with the three latest RSI calculations exposed as global variables for easier integration with scripts and expert advisors. Code Sample To invoke this indicator from an EA or script, call the iCustom metatrader function, iCustom ( Symbol (), PERIOD_CURRENT , "Market/RedeeCash RSI" , 14 , 1 , 0 ); string RSIVarName = StringConcatenate ( Symbol (), "_rsi" ); string RSIP
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RedeeCash 4XLOTS
Patrick Odonnell Ingle
DATE VERSION DESCRIPTION OF CHANGES 2011-09-11 Manual Algorithm first created as manual equation 2011-09-16  WEB API Web API launched on 4xlots.com 2022-09-02  1.00  standalone library released  RedeeCash 4XLOTS library is a localized risk management library based on the 4xlots.com WEB API algorithm. This risk management algorithm is not dependent on currency as the quick lot size equation of,       lots = AccountEquity / 10000 which is for every $100 of account equity will have 0.01 lot. The R
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