Latest Code Publications in CodeBase
2025.04.15
Most downloaded source codes this month
2025.04.14
New publications in CodeBase
- ColorXMA_Ishimoku_StDev - indicator for MetaTrader 5 The XMA_Ishimoku indicator with additional trend strength indication using colored dots based on the standard deviation algorithm.
The original code in the attached link had plotting problems.
- Volume Oscillator A volume oscillator is a useful technical analysis indicator that predicts the strength or weakness of price trends
- EquiPeak Drawdown Tracker EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It's not just a current drawdown indicator; it's especially useful for visually comparing your current drawdown with the maximum historical drawdown you expect or have previously recorded.
- Kuskus Starlight Kuskus Starlight is an oscillator that utilizes a Fisher price transformation to identify trends and potential reversals. The original MT4 code by Scriptor is available at: https://www.mql5.com/en/code/8365.
- Candle Signature Candle Signature with Example | For Research and Development
- ZigZag Fibo Original ZigZag MT4 with added automatic fibonacci
2025.04.13
Most downloaded source codes this week
- Angle and Speed The indicator shows the angle or average speed of price change.
- Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
- Uniformity Factor Indicator This is a simple analytical (non-signal, one-time calculated) indicator that allows you to test the hypothesis that price timeseries represent a "random walk", specifically Gaussian "random walk". This can help to construct a parametric transformation of price increments into evenly distributed, more stable and predictable time series, at least in terms of volatility.
2025.04.11
New publications in CodeBase
2025.04.10
New publications in CodeBase
- Chande Kroll Stop Chande Kroll Stop indicator - stop levels for short and long positions.
- PriceChanges changing character prices on an interval
- Second Bars The indicator draws an arbitrary second timeframe on the chart.
- Uniformity Factor Indicator This is a simple analytical (non-signal, one-time calculated) indicator that allows you to test the hypothesis that price timeseries represent a "random walk", specifically Gaussian "random walk". This can help to construct a parametric transformation of price increments into evenly distributed, more stable and predictable time series, at least in terms of volatility.
2025.04.10
There are more than
11,590 codes published in
Codebase
2025.04.08
Most downloaded source codes this month
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- Fibonacci ZigZag Zig Zag indicator that relies only on a minimum % of retracement to each previous wave , and optionally , being bigger than a specific size measured in atr units.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
2025.04.06
Most downloaded source codes this week
- Candlestick Analysis EA R1 This MT5 Expert Advisor combines multi-timeframe candlestick pattern analysis with fundamental event filtering to execute trades with disciplined risk management.
- Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
- PSAR Zigzag (Non lagging) A zigzag based on the trend change of the parabolic sar
2025.04.04
New publications in CodeBase
- Angle and Speed The indicator shows the angle or average speed of price change.
- MT4Orders QuickReport Fast JavaScript version of Report library from fxsaber for MT4-style trading commands implemented via MT4Orders or Virtual.
Works up to 10 times faster, NTML file size is smaller, can upload and display up to 5.4 million report lines.
- iCHO Trend CCIDualOnMA Filter Strategy based on the standard indicator iCHO (Chaikin Oscillator, CHO) and custom indicator 'CCIDualOnMA'
- Manual Position Tracking Panel Panel based on CDialog class. Work on the current symbol. Deleting, setting Take Profit, setting Breakeven on a group of positions
- Display optimised for console-type chart text output This library allows you to create displays to easily output text information to the chart at the most optimal rate
- MultiTester Multiple runs/optimisations in Tester.
- Pan PrizMA No leverage 72 Construct a moving line with a polynomial of 4 degrees. Extrapolates the sinusoidal and its axial. The constructed lines remove one value at each bar and a sliding line of extrapolated values is constructed which is not redrawn.
- MA Trend 2 Trading system by iMA indicator (Moving Average, MA). Development of MA Trend.
- Back kick Algorithm cycle: when there are no open positions, open two opposite positions. Wait for both positions to close.
2025.04.03
New publications in CodeBase
- New Candle or Bar formation. This Bot detects the open of a new candle on any set timeframe, thereby making it easier to run a one-time code, place trades and call other functions. The code is written in the OnTick() function.
- Detecting the start of a new bar or candle Detecting the start of a new bar or candle in an Expert Advisor's OnTick() event handler.
- Calendar Calendar - fundamental analysis on history and real-time.
- SingleTesterCache Tester's single pass data.
- Average Pip Movement based on Tick And Seconds This Expert Advisor (EA) analyzes market movement by calculating the average pip movement per tick and the average spread over a user-defined number of ticks (MAX_TICKS). It also evaluates the average pip movement and spread over a specified time interval (CHECK_SECONDS).
The EA dynamically tracks price changes and spread values, printing the results in the terminal and displaying them on the chart using the Comment() function. This helps traders gauge market volatility and spread fluctuations in real time.
2025.04.01
Most downloaded source codes this month
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
2025.03.31
New publications in CodeBase
- PSAR Zigzag (Non lagging) A zigzag based on the trend change of the parabolic sar
- Candlestick Analysis EA R1 This MT5 Expert Advisor combines multi-timeframe candlestick pattern analysis with fundamental event filtering to execute trades with disciplined risk management.
2025.03.30
Most downloaded source codes this week
- Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
- FVG based Momentum Detection This is an indicator that evaluates FVGs in the inputted "window_size" to detect momentum or trend strength.
- MeanReversionTrendEA The EA automatically trades based on trend and mean reversion signals with validated parameters.
2025.03.30
New publications in CodeBase
- Ranging Market Detector An indicator which attempts to highlight a ranging market area
- Withdrawal Tracking This is a piece of code to add to an existing Expert advisor to track withdrawals from your account where the EA is running. It helps the user to monitor his or her withdrawals from a particular account.
- Breakout Finder by LonesomeTheBlue This is the exact conversion from pine script code by LonesomeTheBlue.
- Withdrawal Tracking This is a piece of code to add to an existing Expert advisor to track withdrawals from your account where the EA is running. It helps the user to monitor his or her withdrawals from a particular account.
2025.03.28
There are more than
11,570 codes published in
Codebase
2025.03.25
Most downloaded source codes this month
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Trade Assistant MT5 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
- Trade Assistant MT4 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
2025.03.23
Most downloaded source codes this week
- Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
- MeanReversionTrendEA The EA automatically trades based on trend and mean reversion signals with validated parameters.
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
2025.03.23
New publications in CodeBase
- FVG based Momentum Detection This is an indicator that evaluates FVGs in the inputted "window_size" to detect momentum or trend strength.
- RRS Tangled EA RRS Tangled EA randomly selects currency symbols, lot sizes, and order types for trading. It does not rely on technical indicators or fundamental analysis. Instead, it uses a Randomness in Nature approach to open trades. With proper settings such as Take Profit, Stop Loss, Trailing, and Risk Management, this EA can generate significant profits.
2025.03.20
New publications in CodeBase
- Trend Zigzag (on ma cross) A static zigzag which connects the intersections of a moving average crossover
- RRS Chaotic EA This EA is a cleaned and minimized version of the RRS Randomness in Nature EA. It opens trades randomly with random currency pairs, random lot sizes, and random order types. This EA does not rely on any technical skillset such as indicators, price action, news calendar events, or candlestick patterns. It offers multiple trading strategies, risk management plans, and other customizable settings.
2025.03.18
New publications in CodeBase
- Introsort (Introspective sort) using Function Pointers A hybrid sorting algorithm that provide fast performance for sorting arrays of simple types, structures or object pointers.
- RRS Randomness in Nature EA This EA is truly random in nature. It randomly selects currency pairs, lot sizes, and order types. This EA does not rely on any technical skillset such as indicators, price action, news calendar events, or candlestick patterns. It offers multiple trading strategies, risk management plans, and other customizable settings.
Even though the EA works on randomness, it has still achieved good profits with proper risk management settings.
2025.03.18
Most downloaded source codes this month
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Examples from the book "Neural networks for algorithmic trading with MQL5" The book "Neural networks in algorithmic trading with MQL5" is a comprehensive guide, covering both the theoretical foundations of artificial intelligence and neural networks and practical aspects of their application in financial trading using the MQL5 programming language.
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
2025.03.17
New publications in CodeBase
- Supertrend A SuperTrend indicator that plots trend direction using ATR volatility to create dynamic support/resistance levels for MetaTrader 5.
- RRS Non-Directional EA This is a Non-Directional Bias EA. This EA does not rely on any technical skillset such as indicators, price action, news calendar events, or candlestick patterns. It offers multiple trading strategies, risk management plans, and other customizable settings. This EA takes trades continuously and randomly, depending on the strategy you have chosen.
2025.03.16
Most downloaded source codes this week
2025.03.14
New publications in CodeBase
- BarDuration This is a simple indicator to display histogram of custom bars' durations in minutes. Applicable for renko boxes, PnF, equivolume bars, etc.
- MeanReversionTrendEA The EA automatically trades based on trend and mean reversion signals with validated parameters.
2025.03.11
Most downloaded source codes this month
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Trade Assistant MT5 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
2025.03.11
New publications in CodeBase
- JSON Serialization and deserialization of the JSON format
- Timer Callback interface for timer
- T3 Moving Average The T3 Indicator is an advanced moving average that combines six exponential moving averages to provide smoother price action with reduced lag compared to traditional moving averages.
2025.03.09
Most downloaded source codes this week
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- Fibonacci ZigZag Zig Zag indicator that relies only on a minimum % of retracement to each previous wave , and optionally , being bigger than a specific size measured in atr units.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
2025.03.09
New publications in CodeBase
2025.03.04
Most downloaded source codes this month
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
- MQL5 Programming for Traders – Source Codes from the Book. Part 3 Part 3 "Object Oriented Programming in MQL5" offers an immersion into the world of object-oriented programming (OOP) in the MQL5 language. Software development often involves the complexity related to the management of multiple entities, requiring advanced technology to improve programming convenience, productivity, and quality.
2025.03.02
New publications in CodeBase
- Fibonacci ZigZag Zig Zag indicator that relies only on a minimum % of retracement to each previous wave , and optionally , being bigger than a specific size measured in atr units.
- Autoscaling Zigzag A zigzag indicator that uses a single input to adjust the step size for detecting wave direction changes
- Telegram integration made easy. The goal is to make the function readily available for any Telegram integration task in MQL5 development. By adding this file to your CodeBase, you can simply include it in your Expert Advisors and call the function directly from the included module. This eliminates the need to redevelop the code from scratch repeatedly, ensuring reusability across multiple projects.
2025.03.02
Most downloaded source codes this week
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
2025.03.01
New publications in CodeBase
- Time To Close v1.01 - MT5 Time to candle Close. Dynamic text colours. Optimised for back-testing.
- Multiple EA Tracking with a Magic Number Based Profit and Loss Live Dashboard in MQL5 Whether you’re running multiple trading robots simultaneously or just one sophisticated strategy, keeping track of each Expert Advisor’s performance can be surprisingly time-consuming. MetaTrader 5 (MT5) conveniently displays orders and positions in its “Toolbox,” but when numerous robots share the same account, it becomes harder to know which EA is generating your profits—or losses. A single account might have dozens or hundreds of trades, each opened by different EAs, making it difficult to separate the results of one robot from another.
2025.02.25
Most downloaded source codes this month
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- BollingerBandsEA BollingerBandsEA trades according to Bollinger Bands.
- SUPERMACBOT The SUPERMACBOT is a fully automated trading robot that combines the power of the Moving Average Crossover strategy with the MACD Indicator to deliver precise and reliable trade signals. This Expert Advisor is designed to work seamlessly on all symbols and timeframes, offering versatility and adaptability for traders across various market conditions.
2025.02.23
Most downloaded source codes this week
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Trade Assistant MT5 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
- Trade Assistant MT4 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
2025.02.22
New publications in CodeBase
2025.02.22
There are more than
11,550 codes published in
Codebase
2025.02.21
New publications in CodeBase
- Useful #define statements These are some #define statements that are useful to perform operations in your EA. You only need to assign the name of your variables at the beginning of the file, and then let the other #define statements do the work.
In order to use this file, add #include <DEFINE_statements.mqh> to the first line in your EA file.
- Self Optimized SMA The indicator plots two lines. The lower line is calculated based on the latest SMA period that caused a bounce up. The upper line is calculated based on the latest SMA period that caused a bounce down.
2025.02.18
Most downloaded source codes this month
- Candlestick patterns This is a indicator displaying candlesticks patterns on a chart.
- BollingerBandsEA BollingerBandsEA trades according to Bollinger Bands.
- Trend Equilibrium Indicator TrendEQ The Trend Equilibrium Indicator TrendEQ dynamically analyzes market movements by combining momentum and volatility. By scaling momentum with the market’s volatility, the TrendEQ provides a reliable measure of trend strength and direction.
2025.02.16
Most downloaded source codes this week
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Examples from the book "Neural networks for algorithmic trading with MQL5" The book "Neural networks in algorithmic trading with MQL5" is a comprehensive guide, covering both the theoretical foundations of artificial intelligence and neural networks and practical aspects of their application in financial trading using the MQL5 programming language.
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
2025.02.15
New publications in CodeBase
2025.02.11
Most downloaded source codes this month
2025.02.11
New publications in CodeBase
2025.02.09
Most downloaded source codes this week
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Trade Assistant MT5 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
2025.02.04
Most downloaded source codes this month
- Surfing - 2 EMA strategy This is a pretty simple startegy that follows trend. Recommended time frams is D1.
when close price brakes up the EMA build based on high prices given that RSI is above 55 and RSI is above its Moving average - we buy.
when close price brakes down the EMA build based on low prices given that RSI is below 45 and RSI is below its moving average - we sell.
system closes previose trade if there is opposite signal
system uses take profit and stop loss as well as trailing stop
- BollingerBandsEA BollingerBandsEA trades according to Bollinger Bands.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
2025.02.04
New publications in CodeBase
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Trade Assistant MT5 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
- Trade Assistant MT4 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
2025.02.03
New publications in CodeBase
- Portable Moving Average Calculate a moving average in one function call. Code that can easily be transported between different projects.
- Total Power Indicator MT5 Total Power Indicator (MetaTrader indicator) — is based on the two standard indicators — Bear Power and Bull Power. The indicator calculates how many bullish and bearish bars were there during a given look-back period and then calculates the proportional index for bears, bulls, and total (calculated as the absolute difference between bulls and bears) for the current bar. This way, we get continuous lines of the relative average bear and bull power over a period, removing the main disadvantage of the original Bear/Bull Power indicators — the lack of a long-term perspective. The original MetaTrader 4 version of Total Power Indicator was created by Daniel Fernandez of Asirikuy.com in 2011. The version for MT5 is now also available.
- TD Sequential Ultimate MT5 TD Sequential Ultimate MetaTrader indicator shows all parts of the TD Sequential method developed by the legendary technical analyst, Tom DeMark. TD Sequential Ultimate displays Buy and Sell Setups, including the Setup Perfection arrows, Buy and Sell Countdowns, including the failed count 13 attempts, and TDST Support and Resistance levels. Unlike many other implementations of the TD Sequential method, this indicator offers multiple improvements:
- Coppock MT5 indicator Coppock MetaTrader indicator — is an implementation of the famous Coppock curve indicator first created by Edward Coppock in 1962. The indicator shows long-term buy and sell opportunities (classically, it is used for only buying) by measuring the weighted moving average (with a period of 10) of the sum of two rates of change (with a period of 14 and 11). It is the classical version. In this MetaTrader version, you can modify the parameters of the basic indicators. You can use this Coppock indicator in MT4 and MT5.
- Support and Resistance MT5 Support and Resistance MetaTrader indicator — as the name of this indicator suggests, it displays the support and resistance levels. It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target. This indicator uses the standard MetaTrader Fractals indicator (by Bill Williams' method) and has no changeable input parameters. This indicator is available for MetaTrader version 4 and 5.
- Spread indicator MT5 Spread MetaTrader indicator — displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. The indicator is available for both MT4 and MT5.
- Total Power Indicator MT4 Total Power Indicator (MetaTrader indicator) — is based on the two standard indicators — Bear Power and Bull Power. The indicator calculates how many bullish and bearish bars were there during a given look-back period and then calculates the proportional index for bears, bulls, and total (calculated as the absolute difference between bulls and bears) for the current bar. This way, we get continuous lines of the relative average bear and bull power over a period, removing the main disadvantage of the original Bear/Bull Power indicators — the lack of a long-term perspective. The original MetaTrader 4 version of Total Power Indicator was created by Daniel Fernandez of Asirikuy.com in 2011. The version for MT5 is now also available.
- TD Sequential Ultimate MT4 TD Sequential Ultimate MetaTrader indicator shows all parts of the TD Sequential method developed by the legendary technical analyst, Tom DeMark. TD Sequential Ultimate displays Buy and Sell Setups, including the Setup Perfection arrows, Buy and Sell Countdowns, including the failed count 13 attempts, and TDST Support and Resistance levels. Unlike many other implementations of the TD Sequential method, this indicator offers multiple improvements:
- Support and Resistance MT4 Support and Resistance MetaTrader indicator — as the name of this indicator suggests, it displays the support and resistance levels. It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target. This indicator uses the standard MetaTrader Fractals indicator (by Bill Williams' method) and has no changeable input parameters. This indicator is available for MetaTrader version 4 and 5.
- Spread indicator MT4 Spread MetaTrader indicator — displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. The indicator is available for both MT4 and MT5.
2025.02.02
Most downloaded source codes this week
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
- MQL5 Programming for Traders – Source Codes from the Book. Part 3 Part 3 "Object Oriented Programming in MQL5" offers an immersion into the world of object-oriented programming (OOP) in the MQL5 language. Software development often involves the complexity related to the management of multiple entities, requiring advanced technology to improve programming convenience, productivity, and quality.
2025.02.02
New publications in CodeBase
- Schaff Trend Cycle MT5 Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very fast. It was developed by Doug Schaff, who assumed that the currency trends accelerate and decelerate in cycles. Its algorithm was made public in 2008. Schaff Trend Cycle tries to combine two different methods of determining the trend direction changes — MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 25 and 75. Optional alerts are available. You can download this indicator for MT4, MT5
- RSIOMA MT5 RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. The auxiliary histogram is shown for a quick-glance view of the current trend. The indicator is available for both MT4 and MT5 versions of the MetaTrader platform.
- Round Levels MT5 Round Levels MetaTrader indicator — an MT4/MT5 indicator that can display round levels and zones near them based on your configuration. It can be useful to trade off the natural psychological support and resistance zones. It can also issue alerts when the price is in either support or resistance zone.
- Recent High/Low Alert MT5 Recent High/Low Alert MetaTrader indicator — displays two bands of maximum and minimum levels across recent N candles. By default, the maximum band is displayed with a blue line; the minimum band is displayed with a yellow line. Additionally, it can invoke a popup alert, send an email alert, or issue a notification alert when the current price (Bid) breaks recent High or Low level. All alerts can be turned off. If you use the email alert feature, do not forget to set the email settings in your MetaTrader platform's options window. Same with push-notifications. The indicator is available for both MT4 and MT5.
- Schaff Trend Cycle MT4 Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very fast. It was developed by Doug Schaff, who assumed that the currency trends accelerate and decelerate in cycles. Its algorithm was made public in 2008. Schaff Trend Cycle tries to combine two different methods of determining the trend direction changes — MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 25 and 75. Optional alerts are available. You can download this indicator for MT4, MT5
- RSIOMA MT4 RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. The auxiliary histogram is shown for a quick-glance view of the current trend. The indicator is available for both MT4 and MT5 versions of the MetaTrader platform.
- Round Levels MT4 Round Levels MetaTrader indicator — an MT4/MT5 indicator that can display round levels and zones near them based on your configuration. It can be useful to trade off the natural psychological support and resistance zones. It can also issue alerts when the price is in either support or resistance zone.
- Recent High/Low Alert MT4 Recent High/Low Alert MetaTrader indicator — displays two bands of maximum and minimum levels across recent N candles. By default, the maximum band is displayed with a blue line; the minimum band is displayed with a yellow line. Additionally, it can invoke a popup alert, send an email alert, or issue a notification alert when the current price (Bid) breaks recent High or Low level. All alerts can be turned off. If you use the email alert feature, do not forget to set the email settings in your MetaTrader platform's options window. Same with push-notifications. The indicator is available for both MT4 and MT5.
2025.02.02
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2025.02.01
New publications in CodeBase
- Range Expansion Index (REI) MT5 Range Expansion Index (MetaTrader indicator) — is a relative oscillator indicator that measures the pace of the price changes and signals overbought/oversold states if the price demonstrates weakness or strength. It was developed by Tom DeMark and explained in his book The New Science of Technical Analysis. The value of the indicator changes from -100 to +100. The REI is an enhanced oscillator because it tries to remain calm during the range trading and indicates signals only when the significant peaks or bottoms are spotted. You can download this indicator both for MT4 and MT5.
- Rainbow Multiple Moving Average (RMMA) MT5 Rainbow Multiple Moving Average (RMMA) MetaTrader indicator — is a very simple but visually informative indicator based on the standard moving average. It draws 66 rainbow-colored moving average lines of your preferred type and price directly in the main window of the chart. This indicator is available for both MT4 and MT5 versions of the trading platform.
- QQE Quantitative Qualitative Estimation MT5 QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators. As a result, you get two lines in a separate indicator window — the fast one and the slow one. There is also an important indicator level (50), which is used in signals. You can enable text, sound, and e-mail alerts for this indicator. This QQE implementation supports multi-timeframe analysis with upper timeframe display. The indicator is available for MT4, MT5
- Price Alert MT5 Price Alert MetaTrader indicator — can issue any type of alert when the price reaches certain levels set by a trader. There are three types of price levels: the first one is used when the price rises above certain level (displayed with the green line on the chart), the second one is used when the price falls below certain level (displayed with the red line on the chart), and the third one is used when the price reaches the certain level exactly (displayed with the yellow line). Three alert types include: native (popup), email, and push-notification. For email and push-notification alert features to work, you need to set up the email or MetaQuotes ID settings in your MetaTrader platform options window. The indicator is available for both MT4 and MT5.
- Point and Figure Indicator for MetaTrader 5 Point-and-Figure MetaTrader 5 indicator is an indicator that can plot a point-and-figure chart directly in the main window of your normal MT5 chart. You can set up all the point-and-figure method parameters, such as the box size and the reversal distance, according to your preference. In addition, you can control all the display parameters of the PnF chart. This point-and-figure indicator supports all sorts of alerts. It is based on real ticks data, and thus is available only for MT5.
- Range Expansion Index (REI) MT4 Range Expansion Index (MetaTrader indicator) — is a relative oscillator indicator that measures the pace of the price changes and signals overbought/oversold states if the price demonstrates weakness or strength. It was developed by Tom DeMark and explained in his book The New Science of Technical Analysis. The value of the indicator changes from -100 to +100. The REI is an enhanced oscillator because it tries to remain calm during the range trading and indicates signals only when the significant peaks or bottoms are spotted. You can download this indicator both for MT4 and MT5.
- Rainbow Multiple Moving Average (RMMA) MT4 Rainbow Multiple Moving Average (RMMA) MetaTrader indicator — is a very simple but visually informative indicator based on the standard moving average. It draws 66 rainbow-colored moving average lines of your preferred type and price directly in the main window of the chart. This indicator is available for both MT4 and MT5 versions of the trading platform.
- QQE Quantitative Qualitative Estimation MT4 QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators. As a result, you get two lines in a separate indicator window — the fast one and the slow one. There is also an important indicator level (50), which is used in signals. You can enable text, sound, and e-mail alerts for this indicator. This QQE implementation supports multi-timeframe analysis with upper timeframe display. The indicator is available for MT4, MT5
- Price Alert MT4 Price Alert MetaTrader indicator — can issue any type of alert when the price reaches certain levels set by a trader. There are three types of price levels: the first one is used when the price rises above certain level (displayed with the green line on the chart), the second one is used when the price falls below certain level (displayed with the red line on the chart), and the third one is used when the price reaches the certain level exactly (displayed with the yellow line). Three alert types include: native (popup), email, and push-notification. For email and push-notification alert features to work, you need to set up the email or MetaQuotes ID settings in your MetaTrader platform options window. The indicator is available for both MT4 and MT5.