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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.

16 new topics on forum:

and 13 more...

Bestsellers in the Market:

23 new topics on forum:

and 20 more...

Bestsellers in the Market:

There are more than 9 790 products available in Market

23 new products are now available on the Market:

and 18 more...

New publications in CodeBase

  • Hurst Exponent The Hurst exponent is referred to as the "index of dependence" or "index of long-range dependence". It quantifies the relative tendency of a time series either to regress strongly to the mean or to cluster in a direction.
  • Fractal Dimension - Jurik Fractal Dimension from Mark Jurik is much smoother than the others but the general rule is the same: it is not a directional indicator, but is attempting to determine if there is a trend in the current market price changes or not, and it should be used bearing that in mind.
  • Fractal dimension index (Sevcik/Matulich) Mandelbrot describes the Fractal Dimension Index (FDI) as a way to measure "how convoluted and irregular" something is. The FDI can be used as a stock market indicator. The closer prices move in a one-dimensional straight line, the closer the FDI moves to 1.0. The more closely prices resemble a two-dimensional plane, the closer the FDI moves to 2.0.
  • Fractal dimension - Ehlers By it's nature, fractal dimension index indicator is not directional. Instead it is showing if there is a trend or not. If the value of the FDI is less than the target threshold, then there is no trend (the market is ranging). If the value is above that threshold then the market is trending.

15 new topics on forum:

and 12 more...

Bestsellers in the Market:

16 new products are now available on the Market:

and 11 more...

Published article "How to create a graphical panel of any complexity level".

How to create a graphical panel of any complexity level

The article features a detailed explanation of how to create a panel on the basis of the CAppDialog class and how to add controls to the panel. It provides the description of the panel structure and a scheme, which shows the inheritance of objects. From this article, you will also learn how events are handled and how they are delivered to dependent controls. Additional examples show how to edit panel parameters, such as the size and the background color.

Published article "How to create a graphical panel of any complexity level".

How to create a graphical panel of any complexity level

The article features a detailed explanation of how to create a panel on the basis of the CAppDialog class and how to add controls to the panel. It provides the description of the panel structure and a scheme, which shows the inheritance of objects. From this article, you will also learn how events are handled and how they are delivered to dependent controls. Additional examples show how to edit panel parameters, such as the size and the background color.

Bestsellers in the Market:

The most downloaded free products:

There are more than 92 760 topics available on forum

26 new topics on forum:

and 23 more...

14 new products are now available on the Market:

and 9 more...

The most popular forum topics:

More than 30 new charts published:

Chart AUDUSD, H1, 2018.04.05 04:26 UTC, Liteforex Investments Limited, MetaTrader 4, Demo
AUDUSD, H1
图表 USDJPY, D1, 2018.04.24 01:31 UTC, FX Choice Limited, MetaTrader 4, Real
USDJPY, D1
Chart USDJPY, H4, 2018.04.24 14:18 UTC, Trading Point Of Financial Instruments Ltd, MetaTrader 4, Real
USDJPY, H4

New publications in CodeBase

  • BB MACD Extended BB MACD is a MACD (Moving Average Convergence Divergence) indicator variation with an addition of Bollinger Bands, which helps in detecting trend change points and measuring current trend's strength.
  • Weekly Fibo Levels Calculation is based on current week open and previous week range.

Most downloaded source codes this month

  • 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 month

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.

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.

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.

20 new topics on forum:

and 17 more...

Bestsellers in the Market:

11 new products are now available on the Market:

and 6 more...

Bestsellers in the Market:

17 new topics on forum:

and 14 more...
There are more than 9 720 products available in Market

10 new products are now available on the Market:

and 5 more...

New publications in CodeBase

  • Heiken Ashi Smoothed Oscillator Instead of using the "regular" Heiken Ashi for oscillator calculations, this version is using the smoothed Heiken Ashi. That makes the number of false signals fall dramatically, and, when pre-smoothing is applied to Heiken Ashi, the lag is in acceptable bounds.
  • Heiken Ashi Oscillator Instead of using "pure price" this indicator uses Heiken Ashi values to determine the trend as well as the "strength" of the trend.
  • Stochastic volatility This is not a directional indicator. This means that even it is stochastic it does not show the direction of the market, but shows the direction-amount-size of volatility. The assumption that seems sound enough and after which this indicator is made is that in the times of extremely low volatility it is a good time to enter the market, since the change in volatility is imminent. Those times are marked by dark gray dots on this indicator. For direction of entry, you should use some other trend showing indicator(s).

9 new topics on forum:

and 6 more...

Bestsellers in the Market:

Most downloaded source codes this week

  • Hedging_Zone_Recovery_Area This is my version of Zone Recovery Hedging Strategy Ea with two moving averages. It works on any time frame, you should try it on demo account.
  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • RSISignal This indicator is based on original RSI, but more features are added to general signals and watch the strength of the price movement. The main purpose is to general buy/sell signals using smoothed RSI and its MA.

Most read articles this week

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.

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.

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.

The most popular forum topics:

The most downloaded free products:

There are more than 92 690 topics available on forum

20 new topics on forum:

and 17 more...

Bestsellers in the Market:

Bestsellers in the Market:

15 new topics on forum:

and 12 more...

Published article "Visualizing trading strategy optimization in MetaTrader 5".

Visualizing trading strategy optimization in MetaTrader 5

The article implements an MQL application with a graphical interface for extended visualization of the optimization process. The graphical interface applies the last version of EasyAndFast library. Many users may ask why they need graphical interfaces in MQL applications. This article demonstrates one of multiple cases where they can be useful for traders.

Published article "Visualizing trading strategy optimization in MetaTrader 5".

Visualizing trading strategy optimization in MetaTrader 5

The article implements an MQL application with a graphical interface for extended visualization of the optimization process. The graphical interface applies the last version of EasyAndFast library. Many users may ask why they need graphical interfaces in MQL applications. This article demonstrates one of multiple cases where they can be useful for traders.

7 new products are now available on the Market:

and 2 more...

New publications in CodeBase

Bestsellers in the Market:

27 new topics on forum:

and 24 more...

7 new products are now available on the Market:

and 2 more...

The most downloaded free products:

Bestsellers in the Market:

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