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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.

The most downloaded free products:

There are more than 91 290 topics available on forum

17 new topics on forum:

and 14 more...

Bestsellers in the Market:

10 new products are now available on the Market:

and 5 more...

The most popular forum topics:

Bestsellers in the Market:

There are more than 9 880 products available in Market

8 new products are now available on the Market:

and 3 more...

19 new topics on forum:

and 16 more...

New publications in CodeBase

  • ATR Probability Levels Probability levels based on ATR. "Probability" is calculated based on the projected Average True Range and previous period Close.
  • HOPS and LOPS HOPS and LOPS indicator. The "HOPS" and "LOPS" stand for High Of the Previous Session and Low Of the Previous Sessions.
  • Rsi(var) with averages Rsi(var) with averages.
  • Rsi(var) RSI variation.
  • Reduce_risks This is an MQL5 version of the Expert Advisor described in the article "How to reduce trader's risks" (https://www.mql5.com/en/articles/4233).
  • Currency Strength Meter Displays the relative strengths of chosen currencies on one chart.
  • Signal Candles Get entry signals from specific candles based on your rules.
There are more than 7 610 codes published in Codebase

Bestsellers in the Market:

19 new topics on forum:

and 16 more...

5 new products are now available on the Market:

Published article "How to reduce trader's risks".

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.

Bestsellers in the Market:

There are more than 91 220 topics available on forum

19 new topics on forum:

and 16 more...

Most downloaded source codes this month

  • Self Optimizing RSI or MFI Trader This robot optimizes the values it uses for overbought and oversold based on what would have been profitable during the Optimization periods(bars) back. Using the strategy of selling when the index indicator crosses below overbought and buying when the index indicator crosses above oversold.
  • SL&TP Values Indicator displays the value of defined stop loss and or take profit in the deposit currency.
  • Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.

Most read articles this month

Night trading during the Asian session: How to stay profitable

Night trading during the Asian session: How to stay profitable

The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions.

Momentum Pinball trading strategy

Momentum Pinball trading strategy

In this article, we continue to consider writing the code to trading systems described in a book by Linda B. Raschke and Laurence A. Connors “Street Smarts: High Probability Short-Term Trading Strategies”. This time we study Momentum Pinball system: there is described creation of two indicators, trade robot and signal block on it.

MetaTrader 4 on Mac OS

MetaTrader 4 on Mac OS

Apple products have become very popular. MetaQuotes Software Corp. attentively follows the progress of the IT industry and has already released the special mobile applications for iOS-based devices - MetaTrader 4 for iPhone and MetaTrader 5 for iPhone.There are many topics on the MQL4.community forum, where people are seeking a solution for running MetaTrader 4 under the Mac OS operating system. In this article, you will find out how to work in MetaTrader 4 via the Apple's popular operating system.

11 new products are now available on the Market:

and 6 more...

Published article "Automatic Selection of Promising Signals".

Automatic Selection of Promising Signals

The article is devoted to the analysis of trading signals for the MetaTrader 5 platform, which enable the automated execution of trading operations on subscribers' accounts. Also, the article considers the development of tools, which help search for potentially promising trading signals straight from the terminal.

New publications in CodeBase

  • Chandelier exit Chandelier exit indicator is designed to keep traders in a trend and prevent an early exit as long as the trend extends. Typically, the Chandelier Exit will be above prices during a downtrend and below prices during an uptrend.
  • Lot calculator - risk management tool This tool allows you to calculate the correct lot size of the next trade by following some simple money management rules.
  • Momentum Histo Displays a Histogram of Momentum, ATR, CCI or RSI indicators relative to a specified level.

Bestsellers in the Market:

14 new topics on forum:

and 11 more...

9 new products are now available on the Market:

and 4 more...

The most popular forum topics:

2 new signals now available for subscription:

MACD Trader
312% 1443 trades
Growth:312.44%
Equity:3 642.15USD
Balance:6 364.80USD
TRADING DAILY 2
285% 911 trades
Growth:284.55%
Equity:494.01USD
Balance:494.01USD

New publications in CodeBase

  • RAVI iFish Range Action Verification Index (RAVI) with inverse Fisher transform.
  • Chandes Quick Stick (Qstick) Chandes Quick Stick (Qstick)
  • Ulcer Index This Ulcer Index indicator was derived from the stock risk indicator by Peter Martin in the 1987 book "The Investors Guide to Fidelity Funds".

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.
  • RSI with divergency RSI modified to show the excess of the market (more than 70 and less than 30), and show you the divergency with the price.

Most read articles this week

Night trading during the Asian session: How to stay profitable

Night trading during the Asian session: How to stay profitable

The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions.

Momentum Pinball trading strategy

Momentum Pinball trading strategy

In this article, we continue to consider writing the code to trading systems described in a book by Linda B. Raschke and Laurence A. Connors “Street Smarts: High Probability Short-Term Trading Strategies”. This time we study Momentum Pinball system: there is described creation of two indicators, trade robot and signal block on it.

Risk Evaluation in the Sequence of Deals with One Asset. Continued

Risk Evaluation in the Sequence of Deals with One Asset. Continued

The article develops the ideas proposed in the previous part and considers them further. It describes the problems of yield distributions, plotting and studying statistical regularities.

Bestsellers in the Market:

9 new topics on forum:

and 6 more...

The most downloaded free products:

6 new topics on forum:

and 3 more...

Bestsellers in the Market:

Bestsellers in the Market:

The most popular forum topics:

14 new topics on forum:

and 11 more...

5 new products are now available on the Market:

New publications in CodeBase

  • Vertical Horizontal Filter The Vertical Horizontal Filter ("VHF") determines whether prices are in a trending phase or a congestion phase. The VHF was first presented by Adam White in an article published in the August, 1991 issue of Futures Magazine.
  • Relative Momentum Index Relative Momentum Index (RMI) is a variation of the RSI indicator. The RMI counts up and down days from the Close relative to the Close X days ago (where X is not limited to 1 as is required by the RSI) instead of counting up and down days from Close to Close as the RSI does.

1 new signal now available for subscription:

TT trend v2
5% 842 trades
Growth:4.89%
Equity:280.47USD
Balance:280.47USD

Bestsellers in the Market:

There are more than 91 150 topics available on forum

22 new topics on forum:

and 19 more...

12 new products are now available on the Market:

and 7 more...

New publications in CodeBase

17 new topics on forum:

and 14 more...

The most popular forum topics:

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