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2 years
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7
products
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5
demo versions
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0
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I started learning C programming in 2010. From there I picked up many languages.
I'm working on several indicator projects and EA concepts.
I'm working on several indicator projects and EA concepts.
Conor Mcnamara
Market Harmony (market trend confluence detector)
· 2
Rajesh Kumar Nait
2025.01.16
Good
Conor Mcnamara
Published product
Switching between charts to analyse market trends across multiple timeframes can quickly become a tiresome task. Finding confluence (alignment across timeframes) is essential to making informed trading decisions. This innovative indicator simplifies the process, allowing you to see trends on multiple lower timeframes directly from a higher timeframe chart. With this indicator, you can monitor four Heiken Ashi setups running simultaneously, each on a different timeframe. The result is a clear
· 2
Conor Mcnamara
Non repainting zigzag. This is an entirely new algo and it's not using anything fancy other than extreme points based on a period. The idea in this zigzag is that the legs are final when they draw, there is no growing of the legs...and as such the pivot points will not touch the candle highs and lows where the extremum occurred. The idea is that a green leg concludes a potential pullback, and a red leg concludes a potential breakout.
· 2
Conor Mcnamara
something creative, a heiken ashi on incoming tick prices with a zigzag on the HA highs and HA lows. There is no high and low on ticks of course, so an auxiliary high and low is created based on tick prices that are current and before the current
· 1
Conor Mcnamara
The ADX seems to be an underrated indicator, it measures the trend strength, this is unique for a trend indicator and it makes it stand out
· 1
Conor Mcnamara
Added topic Do you use and support indicators from the codebase?
It's clear that there are a lot of interesting, experimental, and useful indicators on the MQL codebase. Do *you* like to collect and support these programs? In my opinion, we don't have time to code everything, and we don't always have
· 1
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Conor Mcnamara
https://youtu.be/4RjjKfeEdjs?si=VNm0HbzxWocqLYdm The buildup in this tune brought me right back to the 90s
· 1
Conor Mcnamara
Published code Profit labels for closed trades (deals)
Creating profit labels on deals (closed trades) which also show in the strategy tester
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Conor Mcnamara
I just found out that a huge amount of disk space was being used up at:
AppData\Roaming\MetaQuotes\Terminal\[Terminal address]\bases\[broker name]\history
AppData\Roaming\MetaQuotes\Terminal\Terminal\[Terminal address]\bases\[broker name]\ticks
I deleted all of that trash, especially on demo accounts, I didn't need the history
AppData\Roaming\MetaQuotes\Terminal\[Terminal address]\bases\[broker name]\history
AppData\Roaming\MetaQuotes\Terminal\Terminal\[Terminal address]\bases\[broker name]\ticks
I deleted all of that trash, especially on demo accounts, I didn't need the history
· 1
Conor Mcnamara
Published code Volume weighted line chart with smoothing
A smoother line chart which cuts out a lot of the market noise and uses volume in the formula
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Conor Mcnamara
Published code Extreme highs and lows with tick prices
Marking the extreme highs and lows (OHLC) together with the extreme bid and ask prices
· 1
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Conor Mcnamara
The original zigzag indicator is actually very good only that it has problems that would cause most people to shun it. Problems: It's unknown when the leg has finished its cycle, and leg can keep extending (repaint). Entry signals are not timely. Current market direction is left to be unknown.
I made a few different solutions which tackle all of these issues. The original code from metaquotes was not bad at all, very good in fact, it just needed something extra to mark the completion of the leg. Another code I have is more simplified and does not draw "growing" legs, once a leg is drawn it will be final immediately - shortcoming of this is that it can be more receptive to small noisy market movements.
I made a few different solutions which tackle all of these issues. The original code from metaquotes was not bad at all, very good in fact, it just needed something extra to mark the completion of the leg. Another code I have is more simplified and does not draw "growing" legs, once a leg is drawn it will be final immediately - shortcoming of this is that it can be more receptive to small noisy market movements.
· 1
Conor Mcnamara
this "Fractal Chaos Oscillator" seems very good, it gives very reliable sniper entries and compliments other indicators
Conor Mcnamara
Published code Trade Volume Calculation Tool
This tool will calculate the acceptable lot size based on a stop loss distance and risk percentage
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Conor Mcnamara
Published code Position Risk Calculation Tool
An indicator that dynamically calculates risk (in percentages and money) based on the lot size and stop loss
· 1
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Conor Mcnamara
2025.02.08
When you close a buy position you're performing a sell deal. When you close a sell position you perform a buy deal. It depends on what position you're placing (short or long). Risk on buy trade: choose buy position type and it's the custom distance of stop loss to the ask price...reward on buy trade: choose sell position type and is the custom distance of the stop loss to the bid price above the trade entry. Then the opposite is done for RR on sell trades.
Conor Mcnamara
2025.02.08
It's not a tool for setting anything, only for calculating monetary values. There is another risk to reward box published by someone else in the codebase.
Conor Mcnamara
Published code Risk translation of percentage risk
Translate risk percentages to the monetary figure based on the account balance
· 1
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Conor Mcnamara
Published product
This is a simple tool to display the maximum lot size permitted for any asset based on the size of your account (or more accurately the free margin), and the leverage. It will display the max lot size allowed, and then the script will naturally exit after 3 seconds which gives you enough time to see the information. When you have an active position, it will calculate the maximum number of lots that are left while a position of a certain lot size is already running. Before the script
· 1
Conor Mcnamara
Added topic Why is there such a huge discrepancy between "Real Ticks" modelling and "Every Tick" modelling?
I was testing an EA that a developer put on the codebase for trading Gold ( based on Keltner channel and EMAs) . Here is how the backtest looked on "Real Ticks" modelling: Here is how the backtest looked on "Every Tick" modelling for the exact
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