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Use new possibilities of MetaTrader 5

History of MQL5.community development

The most popular trading robots and technical indicators, news signals, regular incoming ready-made MQL5 programs in CodeBase and the most discussed Forum topics.

10 new topics on forum:

and 7 more...

19 new topics on forum:

and 16 more...

Bestsellers in the Market:

The most popular forum topics:

Bestsellers in the Market:

There are more than 92 710 topics available on forum

22 new topics on forum:

and 19 more...

2 new signals now available for subscription:

MACD Trader MT5
66% 1246 trades
Growth:66.36%
Equity:2 978.96USD
Balance:6 362.54USD
My ShockBar v2
-31% 2686 trades
Growth:-31.01%
Equity:57.14USD
Balance:97.65USD

The most downloaded free products:

3 new products are now available on the Market:

New publications in CodeBase

  • Stochastic of Hull Hull average is used prior to stochastic calculation thus filtering the prices before they are used in the stochastic calculation. This method is used since it adds much less lag than if the smoothing of the already calculated stochastic value would be used.
  • Triple DSEMA This version uses double smoothed EMA instead of using Hull average, and since double smoothed EMA is never overshooting, that issue is solved. Being a very smooth average too, double smoothed EMA is really a good filter/average to be used in the "triple" series.
  • Double Smoothed EMA Unlike the similar attempts of smoothing existing indicators, the Double smoothed EMA indicator is not lagging when compared to "regular" EMA.
  • Glitch Index Glitch Index represents the percentage move price has made above or below the detrended SMA.
  • Congestion index The Congestion Index attempts to identify the market's character by dividing the actual percentage that the market has changed in the past x days by the extreme range.
  • Dsl - CMO bars Chande Momentum Oscillator with added Discontinued Signal Lines instead of using static levels for trends displayed on the main chart as bars (if the current chart style is bars or line) or candles (it is done automatically).
  • Dsl - CMO Chande Momentum Oscillator with added Discontinued Signal Lines instead of using static levels for trends.
  • Schaff Trend Cycle - TEMA Unlike the original Schaff Trend Cycle, this version is using TEMA MACD for calculation, which makes it "faster" in determining (even compared to DEMA version) the trend changes and thus producing signals a few bars earlier.
  • Schaff Trend Cycle - DEMA Unlike the original Schaff Trend Cycle, this version is using DEMA MACD for calculation, which makes it "faster" in determining the trend changes and thus producing signals a few bars earlier (which can be significant in "scalping" systems).
  • Hull trend Indicator based on Hull Moving Average.
  • Rsi(var) Zerolag DEMA Rsi(var) indicator with zero lag DEMA.
  • Rsi(var) Zerolag MA Rsi(var) indicator with zero lag Moving Average.
  • Start External Process Script to start an external program.
  • Multi Pair Closer Close all positions on a basket of currencies when the profit target has been reached.
  • ADX Expert MT4 Expert Advisor based on ADX indicator.
There are more than 7 810 codes published in Codebase

Bestsellers in the Market:

3 new signals now available for subscription:

Banker
131% 3820 trades
Growth:131.34%
Equity:12 049.35USD
Balance:12 049.35USD
SpotLight EA Nightscalping IC Markets
84% 3162 trades
Growth:84.14%
Equity:11 348.42USD
Balance:11 348.42USD
SpotLight EA Trendfollowing IC Markets
52% 1644 trades
Growth:52.02%
Equity:10 690.24USD
Balance:10 718.13USD

17 new topics on forum:

and 14 more...

5 new products are now available on the Market:

There are more than 92 660 topics available on forum

19 new topics on forum:

and 16 more...

Bestsellers in the Market:

7 new products are now available on the Market:

and 2 more...

New publications in CodeBase

  • IEEE Floating-Point Decoder Display the actual stored value of a floating-point number (float or double type), with very high precision up to 55 decimal digits. This helps to debug exact value of floating-point numbers for other MQL5 programs.
  • Zero lag TEMA This indicator uses TEMA calculation mode in order to make the lag lesser compared to the original Zero lag MA, and that makes this version even faster than the Zero lag DEMA too.
  • Zero lag DEMA This indicator uses DEMA calculation mode in order to make the lag lesser compared to the original Zero lag MA, and that makes this version faster.
  • Zero lag MA According to creators, the ZeroLAG MA indicator is a Moving Average with zero delay. If we agree or not, does not matter since, compared to some "regular" Moving Averages the lag it has is significantly lower, so it can be used in any system where less lag is of great importance.
  • RSI of Hull The Relative Strength Index (RSI) is a momentum indicator developed by noted technical analyst Welles Wilder, that compares the magnitude of recent gains and losses over a specified time period to measure speed and change of price movements of a security. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset.
  • Permutations and Combinations (MT4) A fast library for combinations and permutations in MQL.

Bestsellers in the Market:

Most downloaded source codes this month

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • MA Cross Studies Simple program using the moving average as bias and providing many trade and money management options.
  • Renko The renko (renko) chart in a separate subwindow. No matter on what chart timeframe the indicator is attached, the renko is drawn on close price of М1 timeframe.

Most read articles this month

LifeHack for traders: Fast food made of indicators

LifeHack for traders: Fast food made of indicators

If you have newly switched to MQL5, then this article will be useful. First, the access to the indicator data and series is done in the usual MQL4 style. Second, this entire simplicity is implemented in MQL5. All functions are as clear as possible and perfectly suited for step-by-step debugging.

Custom Strategy Tester based on fast mathematical calculations

Custom Strategy Tester based on fast mathematical calculations

The article describes the way to create a custom strategy tester and a custom analyzer of the optimization passes. After reading it, you will understand how the math calculations mode and the mechanism of so-called frames work, how to prepare and load custom data for calculations and use effective algorithms for their compression. This article will also be interesting to those interested in ways of storing custom information within an expert.

Automatic construction of support and resistance lines

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values.

31 new topics on forum:

and 28 more...

The most popular forum topics:

4 new products are now available on the Market:

3 new signals now available for subscription:

JimmyChen Weave Hedge
196% 5643 trades
Growth:196.14%
Equity:29 571.93USD
Balance:29 592.90USD
Bitkingdom
178% 4037 trades
Growth:178.01%
Equity:5 072.17USD
Balance:6 979.72USD
DgEkvaICv1
59% 723 trades
Growth:58.65%
Equity:439.22USD
Balance:439.22USD

New publications in CodeBase

  • Triple Hull The indicator is using 3 instances of Hull Moving Average.
  • RSI bands The RSI bands indicator helps in multiple ways, but mainly in visualizing on the main chart what price change would trigger the expected overbought or oversold signals.
  • Renko 2.0 ATR This non-trading utility generates custom symbol information on 1M chart.
  • Stochastic RSI This version of Stochastic RSI uses a sort of a signal line to make it even more sensitive.

Bestsellers in the Market:

There are more than 92 600 topics available on forum

15 new topics on forum:

and 12 more...

7 new products are now available on the Market:

and 2 more...

Most downloaded source codes this week

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Daily Pivot Points shifted for different day start time This indicator is another implementation of daily pivot points that allows the time for pivot point calculation to be advanced or delayed from the server time. It considers any Saturday trading to be Friday and any Sunday trading to be Monday.
  • MACD Expert Expert Advisor which trades signals from MACD indicator.

Most read articles this week

LifeHack for traders: Blending ForEach with defines (#define)

LifeHack for traders: Blending ForEach with defines (#define)

The article is an intermediate step for those who still writes in MQL4 and has no desire to switch to MQL5. We continue to search for opportunities to write code in MQL4 style. This time, we will look into the macro substitution of the #define preprocessor.

Money Management by Vince. Implementation as a module for MQL5 Wizard

Money Management by Vince. Implementation as a module for MQL5 Wizard

The article is based on 'The Mathematics of Money Management' by Ralph Vince. It provides the description of empirical and parametric methods used for finding the optimal size of a trading lot. Also the article features implementation of trading modules for the MQL5 Wizard based on these methods.

Controlled optimization: Simulated annealing

Controlled optimization: Simulated annealing

The Strategy Tester in the MetaTrader 5 trading platform provides only two optimization options: complete search of parameters and genetic algorithm. This article proposes a new method for optimizing trading strategies — Simulated annealing. The method's algorithm, its implementation and integration into any Expert Advisor are considered. The developed algorithm is tested on the Moving Average EA.

Bestsellers in the Market:

17 new topics on forum:

and 14 more...

22 new topics on forum:

and 19 more...

The most popular forum topics:

Bestsellers in the Market:

There are more than 92 550 topics available on forum

18 new topics on forum:

and 15 more...

Bestsellers in the Market:

The most downloaded free products:

7 new products are now available on the Market:

and 2 more...

Published article "How to create Requirements Specification for ordering an indicator".

How to create Requirements Specification for ordering an indicator

Most often the first step in the development of a trading system is the creation of a technical indicator, which can identify favorable market behavior patterns. A professionally developed indicator can be ordered from the Freelance service. From this article you will learn how to create a proper Requirements Specification, which will help you to obtain the desired indicator faster.

Bestsellers in the Market:

23 new topics on forum:

and 20 more...

3 new products are now available on the Market:

More than 50 new charts published:

AUDUSD, H1
Down Trend
EURCAD, H4
BANKNIFTY, M15
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