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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.

There are more than 92 420 topics available on forum

21 new topics on forum:

and 18 more...

11 new products are now available on the Market:

and 6 more...

20 new topics on forum:

and 17 more...

Bestsellers in the Market:

13 new products are now available on the Market:

and 8 more...

Bestsellers in the Market:

13 new topics on forum:

and 10 more...

7 new products are now available on the Market:

and 2 more...

The most popular forum topics:

New publications in CodeBase

  • Renko 2.0 Offline This non-trading utility generates custom symbol information on 1M chart. Configure using Tick Size, Pip Size, Points or R. Now with Asymetric Reversals!
  • ErrorDesc Printing GetLastError() and MqlTradeResult retcode as text description.
  • Schaff Trend Cycle The Schaff Trend Cycle (STC) indicator detects up and down trends long before the MACD. It does this by using the same Exponential Moving Averages (EMAs), but adds a cycle component to factor currency cycle trends. Since currency cycle trends move based on a certain amount of days, this is factored into the equation of the STC indicator to give more accuracy and reliability than the MACD.
  • MACD of average This is a MACD that can use average for input price instead of using "pure" price. That can help in filtering some false signals, but the main purpose of this code is to show how simple some things can be done using MetaTrader 5. In addition to all usual options when it comes to this type of indicators, option to have color changes based on MACD slope change or MACD crossing signal line.
  • RSI of average A very well known RSI of average is made with, all in all, 3 lines of a code in a main loop (color assignment on RSI slope change included in those 4 lines). This one can be used as template for some other indicator and can provide a simplicity solution for those that think that everything is very complicated in MetaTrader 5.
  • Stochastic of T3 This version of Stochastic Oscillator reduces the number of false alerts by smoothing the price prior to be used in the stochastic calculation. That makes a nice smooth stochastic as a result that can easily be used for trend trading systems.
  • MACD Expert Expert Advisor which trades signals from MACD indicator.
There are more than 7 780 codes published in Codebase
There are more than 92 360 topics available on forum

19 new topics on forum:

and 16 more...

Bestsellers in the Market:

Most downloaded source codes this month

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Signal Candles Get entry signals from specific candles based on your rules.
  • 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.

Most read articles this month

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.

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.

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.

11 new products are now available on the Market:

and 6 more...

2 new signals now available for subscription:

NFX EQ
131% 1428 trades
Growth:130.85%
Equity:834.68AUD
Balance:834.68AUD
Cyl2018
-3% 976 trades
Growth:-2.90%
Equity:484.55USD
Balance:484.55USD

Bestsellers in the Market:

17 new topics on forum:

and 14 more...
There are more than 10 170 products available in Market

16 new products are now available on the Market:

and 11 more...
There are more than 760 articles published on site

Published article "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.

Bestsellers in the Market:

13 new topics on forum:

and 10 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.
  • Hull MACD This version of MACD uses Hull Moving Average for MACD calculation instead of using EMA (as the original Gerald Appel version does). That makes it "faster" than the EMA version and suitable for scalping techniques as well as for trending techniques (if longer calculation periods are used).

Most read articles this week

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.

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.

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.

The most popular forum topics:

17 new topics on forum:

and 14 more...

Bestsellers in the Market:

2 new signals now available for subscription:

Arbitrage Trading Low DD
587% 1336 trades
Growth:587.25%
Equity:14 745.81EUR
Balance:14 745.81EUR
A40
142% 1189 trades
Growth:141.98%
Equity:3 255.77USD
Balance:3 255.77USD

The most popular forum topics:

There are more than 92 290 topics available on forum

18 new topics on forum:

and 15 more...

More than 40 new charts published:

EURUSD, M15
SDS
USDCHF, M15
EURUSD, M15

Bestsellers in the Market:

21 new products are now available on the Market:

and 16 more...

Bestsellers in the Market:

The most downloaded free products:

24 new topics on forum:

and 21 more...

3 new products are now available on the Market:

3 new signals now available for subscription:

Not so serious trading
63% 13848 trades
Growth:63.40%
Equity:18 368.72USD
Balance:18 371.59USD
Select7D
-10% 1116 trades
Growth:-10.11%
Equity:655.85USD
Balance:603.71USD
and 1 more...

Bestsellers in the Market:

16 new topics on forum:

and 13 more...

The most popular forum topics:

8 new products are now available on the Market:

and 3 more...

2 new signals now available for subscription:

Magrateja
66% 3190 trades
Growth:66.48%
Equity:3 392.81USD
Balance:29 202.52USD
BRIAN
-2% 571 trades
Growth:-1.63%
Equity:3 443.01USD
Balance:3 443.01USD

Bestsellers in the Market:

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