MQL5.com Wall - Recent advancements in algorithmic/automated trading in MetaTrader 5

2014.08.12

Most read articles this month

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 MQL5.community forum, where people are seeking a solution for running MetaTrader 5 under Mac OS operating system. In this article, you will find out how to work with MetaTrader 5 via the Apple's popular operating system.

Video tutorial: MetaTrader Signals Service

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this tutorial, you will be able to subscribe to any trading signal, or publish and promote your own signals in our service.

MetaTrader 5 on Linux

Linux is a Unix-like computer operating system assembled under the model of free and open source software development and distribution. Linux systems are widely used in smartphones and server hardware. Many home PC users prefer it to MS Windows series. In this article, you will find out how to work in MetaTrader 5 via one of the Linux versions - Ubuntu.

2014.08.12

20 new topics on forum:

and 17 more...

2014.08.12

5 new products are now available on the Market:

Trade Copier Pro Demo MT5 by Vu Trung Kien

FREE

Trade Copier Pro is a powerful tool to copy trade remotely between multiple MT4/MT5 accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that

Trade Copier Pro MT5 by Vu Trung Kien

149.00

Trade Copier Pro is a powerful tool to copy trade remotely between multiple MT4/MT5 accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that

Trade Copier Pro Demo by Vu Trung Kien

FREE

Trade Copier Pro is a powerful tool to copy trade remotely between multiple MT4/MT5 accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that

Price CD LTB by Igor Semyonov

29.00

Description Price CD LTB (Price Convergence/Divergence Low Top Bottom) is a innovative universal analytical bulls indicator of convergence/divergence between financial instruments. The indicator is the second out of the two possible versions (LBT and LTB) of the bullish convergence/divergence origins. Due to its multiple use feature, the indicator allows you to find convergences/divergences between the price of main financial instrument and other financial instruments simultaneously. Users ca

Price CD LBT by Igor Semyonov

29.00

Description Price CD LBT (Price Convergence/Divergence Low Bottom Top) is a innovative universal analytical bulls indicator of convergence/divergence between financial instruments. The indicator is the first out of the two possible versions (LBT and LTB) of the bullish convergence/divergence origins. Due to its multiple use feature, the indicator allows you to find convergences/divergences between the price of main financial instrument and other financial instruments simultaneously. Users can

2014.08.12

New publications in CodeBase

AwesomeModPips This indicator is a modification of classical Awesome Oscillator indicator.
PipsToAverage This indicator measures the (smoothed) distance in pips between the close and an exponential moving average.
Rate_AOModPips This indicator measures the rate of change of AwesomeModPips indicator.
Auto Pending and Manage Orders by RSI Auto pending and manage orders by RSI, lower risk at weekend, send mails if necessary.
B-clock with Spread Modified Nick Bilak's b-clock with spread (ask-bid) and font customization (font, color, size).

2014.08.11

Bestsellers in the Market:

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneouslyReal account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works bot

Energy Trade by Ramil Minniakhmetov

15.00

Energy Trade shows the currency strength, analyzes ticks that allows you to enter the market at the very beginning of the trend. Energy Trade is a good complement to any trading system. Values of Energy Trade range from 0 to 10: the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat.How to use - buy strong currencies and weak ones. The indicator has two scales: the fi

Copy Trader by Ramil Minniakhmetov

15.00

Copy Trader is a fast, easy and reliable copier of positions for MetaTrader 4 terminals. The program is easy to use. Install two terminals: On one terminal select mode "Server" which means that this terminal will be a source of positions. On the other terminal, select mode "Client" - this is a destination terminal, positions will be copied to it.Description of Input Parameters Mode - select mode: Server or Сlient; The following setting apply to the Client mode only, i.e. they ate

News Trading by Ramil Minniakhmetov

15.00

News Trading is a simple, quick and convenient helper for news trading. This is a one-click trading! You only need to click button "Open" on the panel and News Trading will place two pending orders on a specified distance from the price with stop loss and take profit; it will also trail the profit. Input Parameters Description: Open - button to place pending orders. Close- button close order opened by the EA. Delete - button to delete pending orders. Lots - lot for the pending orders pl

Manual Trader by Ramil Minniakhmetov

30.00

Do you use Grid strategy? Now, you do not have to spend hours sitting at your computer. Just open a position, and Manual Trader will do the rest! This is a one-click trading! Simply click Buy or Sell button on the panel, and Manual Trader will set a take profit, build up a grid of orders, and apply trailing stop. Open your orders and go to work or do other things. You can check the product in the strategy tester in Visualization mode. Input parameters Initial lot - initial lot. Au

2014.08.11

16 new topics on forum:

and 13 more...

2014.08.11

The most popular forum topics:

Indicators with alerts/signal 22 new comments
Multi Timeframe Indicators 19 new comments
Eurusd/gbpusd 18 new comments

2014.08.11

4 new products are now available on the Market:

Moneystrategy EA by Vladimir Gribachev

30.00

The Expert Advisor works directly with the price and does not use technical indicators. All calculations are performed using historical data, price and time. High-risk strategies, like martingale, are not applied. The product provides a number of functions for minimizing potential losses and maximizing potential profits. You can set the trading lot size (fixed) or allow the Expert Advisor to calculate it according to the specified risk per trade parameter. The product works with four- and five-d

HighLow by Azamat Mullayanov

FREE

The indicator plots two lines by High and Low prices. The lines comply with certain criteria. The blue line is for buy. The red one is for sell. The entry signal - the bar opens above\below the lines. The indicator works on all currency pairs and timeframes. It can be used either as a ready-made trading system or as an additional signal for a custom trading strategy. There are no input parameters. Like with any signal indicator, it is very difficult to use the product during flat movements. Yo

Price CD HTB by Igor Semyonov

29.00

Description Price CD HTB (Price Convergence/Divergence High Top Bottom) is a innovative universal analytical bears indicator of convergence/divergence between financial instruments. The indicator is the first out of the two possible versions (HBT and HTB) of the bearish convergence/divergence origins. Due to its multiple use feature, the indicator allows you to find convergences/divergences between the price of main financial instrument and other financial instruments simultaneously. Users ca

Price CD HBT by Igor Semyonov

29.00

Description Price CD HBT (Price Convergence/Divergence High Bottom Top) is a innovative universal analytical bears indicator of convergence/divergence between financial instruments. The indicator is the first out of the two possible versions (HBT and HTB) of the bearish convergence/divergence origins. Due to its multiple use feature, the indicator allows you to find convergences/divergences between the price of main financial instrument and other financial instruments simultaneously. Users ca

2014.08.10

Most downloaded source codes this week

FivePattern An indicator of technical shapes by Merrill. М & W Wave Patterns by A. Merrill.
CoensioTrader1V06 A multi-currency trading system, based on Bollinger Bands and trend catching technique. Capable of trading up to 6 currencies simultaneously. System has build in optimization parameter sharing.
Milestone Trade 5min charts mostly EURUSD. Added news filter from Forex Factory and stops. Loads of versions inside. Good luck

2014.08.10

Most read articles this week

MetaTrader 5 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 MQL5.community forum, where people are seeking a solution for running MetaTrader 5 under Mac OS operating system. In this article, you will find out how to work with MetaTrader 5 via the Apple's popular operating system.

Video tutorial: MetaTrader Signals Service

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this tutorial, you will be able to subscribe to any trading signal, or publish and promote your own signals in our service.

MetaTrader 5 on Linux

Linux is a Unix-like computer operating system assembled under the model of free and open source software development and distribution. Linux systems are widely used in smartphones and server hardware. Many home PC users prefer it to MS Windows series. In this article, you will find out how to work in MetaTrader 5 via one of the Linux versions - Ubuntu.

2014.08.10

There are more than 63 440 topics available on forum

2014.08.10

16 new topics on forum:

and 13 more...

2014.08.10

Bestsellers in the Market:

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneouslyReal account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works bot

DreamCatcher by Vitalie Postolache

30.00

The indicator shows favorable points for entering the market. The indicator can be used for scalping on small timeframes and for long-term trading. Indicator inputs Count bars - bars counted to draw indicator. Optimal value on chart 500..1000. For an EA this value can be reduced to 1, improves testing and optimisation speed Indicator period - bars used for calculations, can be 0 to 100 Deviation, 0..100 - indicator deviation coefficient, 0 to 100 Filter period - filter period in b

Energy Trade by Ramil Minniakhmetov

15.00

Energy Trade shows the currency strength, analyzes ticks that allows you to enter the market at the very beginning of the trend. Energy Trade is a good complement to any trading system. Values of Energy Trade range from 0 to 10: the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat.How to use - buy strong currencies and weak ones. The indicator has two scales: the fi

Expert gold x by trevg777

229.00

Expert gold x is based on Bill Williams' АО indicator. The Expert Advisor shows good results on Gold, CFD, etc. Stop-loss - dynamic. Parameters: TP - take profit in percentage value relative to the stop loss (from 101 to 1 000) pctp - percentage value of closing the first half of the position relative to the take profit, the second half is moved to the breakeven (from 0.01 to 1) Lot - position size (from 0.02 to 100)Note: Your broker should support partial position closing.

AO Global by Igor Semyonov

10.00

Description A colored universal indicator AO (Awesome Oscillator). The rising and falling of the indicator histogram can be colored. The indicator can be calculated as the standard one or as a derivative on the basis of the following eleven other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicator of accumulation and distribution of volume. OBV - On Balance Volume. Volume - tick volume indicator. Force - Force Index indicator. MFI - Money Flow I

2014.08.09

The most downloaded free products:

Auto Trade Copier Demo for MT5 by Vu Trung Kien

FREE

Auto Trade Copier MT5 is designed to copy trades between multiple MT4/MT5 accounts/terminals with 100% accuracy. With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay. Limitation: This demo version only allows to set volume with fixed minimal lot size. To use this product with all lot size options, please check the full version at: https://www.mql5.com/en/market/product/4920. R

TrendViewer by Aurora Minna Kiss

FREE

Simple trend indicator, which helps to recognize thecurrent trend on M30, H1 charts and above. Good for scalpingstrategy on M5, M15 charts. Red line - SHORT trend, Blue line - LONG trend.

Pattern Recognition by Rasoul Mojtahedzadeh

FREE

Trading based on candlestick patterns is one of the popular price action methods. This free version of the indicator automatically recognizes seven popular bullish and bearish patterns to trade. The indicator implements a filter to eliminate a set of non-promising patterns. You can select which patterns to be recognized by the indicator. Here is the list of the patterns: Bullish Hammer / Bearish Hanging-Man Bullish / Bearish Harami Morning Star / Morning Doji Evening Star / Evening D

Center of Gravity by Ramil Minniakhmetov

FREE

Center of Gravity indicator is your assistant in the financial markets. It displays trend direction, as well as the best market entry and exit points. The price always tends to stay within the channel, and we can use that feature. Inputs: Bars_back - number of bars for the indicator calculation.

Grid Harvester MT4 Free by Grzegorz Korycki

FREE

Free version of the grid strategy! Identical strategy to the full version, the only limitation is the number of positions. Its goal is to harvest most out of trending market (on automatic mode) taking advantage of corrections in trends. It can be also used by experienced traders on manual trading. This kind of system is being used by most successful social traders having 500+ paid subscribers. Combine your trading experience with this automatic strategy! It contains grid for GBPJPY that i

2014.08.09

12 new topics on forum:

and 9 more...

2014.08.09

The most popular forum topics:

Eurusd/gbpusd 29 new comments
Indicators with alerts/signal 28 new comments
Forex News 17 new comments

2014.08.09

More than 50 new charts published:

http://www.mql5.com/en/market/product/490

GBPUSD, H1

EURJPY.m, H1

WINQ14, M30

2014.08.09

Bestsellers in the Market:

News Trading by Ramil Minniakhmetov

15.00

News Trading is a simple, quick and convenient helper for news trading. This is a one-click trading! You only need to click button "Open" on the panel and News Trading will place two pending orders on a specified distance from the price with stop loss and take profit; it will also trail the profit. Input Parameters Description: Open - button to place pending orders. Close- button close order opened by the EA. Delete - button to delete pending orders. Lots - lot for the pending orders pl

Adaptive Scalper EA by Arief Adianto

499.00

Adaptive Scalper EA is an indicator based EA and it's not a tick scalper EA. It does not comply with FIFO rules, need 1:200 leverage minimum, and a low spread broker. Adaptive Scalper Expert Advisor using a smart risk-management system - will automatically detect price movement on 4 time frames and act according to the current condition. It is recommended to use a low spread broker and a VPS. You can start using it with $100 only. Use it on 15 minutes time frame. For Customers Please write

EA Super Hamster by Ramil Minniakhmetov

15.00

EA Super Hamster is an Expert Advisor specially designed for NZDUSD. It works even with the minimum deposit. The Expert Advisor is based on RSI + it has two additional filters, makes loss-making deals profitable using Martingale function and features stop loss set in percentage value from the deposit. After purchasing this Expert Advisor, you will receive updates and optimizations for free! I will help you choose the correct parameters for achieving any objectives (increasing the deposit, low

Object Copier by Sergio D. Rocha

15.00

Did youhave to start again the very same analysis because the original one, from whereyou want to modify, just have so much information that no longer fits? Have youever wanted to change some in one of your charts and make this new line, Fiboor channel automatically appear in some or the rest of your set of charts? ObjectCopier is the solution to replicate any object into one or several charts atyour desire. No matterif you changed an object, or made it from the scratch. With Object Copier,re

Elliott Wave Indicator 4 by MRoVas

9 999.00

Elliott Wave Indicator 4 is an indicator for the MetaTrader 4 trading platform. Features: Automatic analysis of Elliott waves. Adjustable depth of analysis, wave labeling style and wave rules. Quick and very detailed analysis (depends on the BARS and ANALYSIS_DEPTH inputs). Works on any symbol and time frame. Can be used both on a real chart and in the Strategy Tester. Specifics: Classical wave analysis. Indicator recalculation time is directly proportional to the number of analyzed

2014.08.08

19 new topics on forum:

and 16 more...

2014.08.08

Bestsellers in the Market:

Powerplay by Daniel Stein

49.00

There is a newer version available: Please follow this link to the new product version Powerplay is an easy-to-use trading system for beginners, advanced and professional traders. The multi timeframe display is the perfect complement to unleash the full potential of Powerplay. You'll see at a glance and for all timeframes at which direction the trend is running. Catch the trends at an early stage and ride the wave till it breaks. Improve your trading results with a great support and resista

Rebate Robot by Ramil Minniakhmetov

30.00

Rebate Robot performs a great number of trades allowing it to make profit not only from Forex market but also from receiving rebates (returning part of a spread). Since the security margin for a locking position is about 25-50% (depending on the broker), Rebate Robot works in two directions simultaneously in case the appropriate signals are present. Positions are opened based on Trader Dream indicator's current color. If the color is blue, the Expert Advisor goes long. If the color is red, it

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneouslyReal account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works bot

Divergence Convergence for indicators by Alexander Puzikov

30.00

This indicator builds divergence/convergence for any selected indicator. You can add your own indicator with its custom settings to the code for free. The indicator has two basic line drawing methods (**): Peak search on fractals without waiting the closure of the wave (MODE = each_bar_peak)Wave search for peaks after crossing the "ZERO line" of the indicator (e.g., "zero line" for RSI = 50.0) (MODE = WAVE_bar_peak)Basic settings include 17 standard indicators included in MT4 terminal, to whi

Powerplay Trade Manager by Daniel Stein

69.00

The Powerplay Trade Manager is the ideal addition for all FX Trend users which like to use a fully automated trade management. It detects your manually opened trades immediately and manages their stops automatically along the FX Trend trend line. Browse completely free through all time frames without affecting your orders. Your trades were managed based on the fixed calculation settings you set in the Trade Manager properties. A very special and powerful feature is the detection and manag

2014.08.08

Published article "Tips for an Effective Product Presentation on the Market".

Selling programs to traders effectively does not only require writing an efficient and useful product and then publishing it on the Market. It is vital to provide a comprehensive, detailed description and good illustrations. A quality logo and correct screenshots are equally as important as the "true coding". Bear in mind a simple formula: no downloads = no sales.

2014.08.08

7 new products are now available on the Market:

Free Timing by Francis Dube

FREE

This is the same indicator created by Mustapha BELKHAYATE now available for free. This indicator is best used to time the market and enter trades during periods of least risk. Apply this indicator along with the Center of Gravity indicator in order to identify price extremes. Then use free timing to trade potential turning points. This indicator is an oscillator similar in ilk to the Relative Strength Index. Indicator values range from 0 to 100, with values below 30 or 20 signaling overselling

HedgeTerminalUltimate by Vasiliy Sokolov

50.00

Trade in the opposite directions with HedgeTerminal HedgeTerminal is a full-featured trading terminal inside MetaTrader 5. This is a graphic panel resembling MetaTrader 4 terminal. It allows you to track oppositely directed positions in the manner it is possible in MetaTrader 4. In other words, we can open unlimited number of positions on a single symbol even if positions are in complete or partial hedge (lock). Thus, you can maintain long and short positions simultaneously, which is impossible

HedgeTerminalApi by Vasiliy Sokolov

50.00

Trade in the opposite directions with HedgeTerminalApi library! HedgeTerminalApi is a program interface allowing you to use HedgeTerminal virtualization technologies in your robots and scripts. With HedgeTerminalApi, you are able to trade in the opposite directions when two or more trading algorithms occupy opposite positions on a single symbol. The library allows robots to track their positions even if these positions overlap entirely or partially. Moreover, with this library, you are able to

Power Trend Free by Yurij Kozhevnikov

FREE

Power Trend Free - the indicator shows the trend strength in the selected period. Input Parameters The indicator has three input parameters: Period - a positive number greater than one, it shows the number of candlesticks used for calculations. If you enter one or zero, there will be no error, but the indicator will not be drawn. Applied Price - the standard "Apply to:" set meaning data used for the indicator calculation: Close - Close prices; Open - Open prices; High -

Power Trend by Yurij Kozhevnikov

10.00

Power Trend Paid - the indicator shows the trend strength in the selected period. Input Parameters The indicator has the following input parameters: Main Line - an optional function for drawing a line on the values used for indicator calculation (not available in the free version). Period - a positive number greater than one, it shows the number of candlesticks used for calculations. If you enter one or zero, there will be no error, but the indicator will not be drawn. Applied Price - an

and 2 more...

2014.08.07

Bestsellers in the Market:

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneouslyReal account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works bot

TraderDream Advisor by Ramil Minniakhmetov

15.00

The Expert Advisor is based on Trader Dream indicator https://www.mql5.com/en/market/product/2492 Real account monitoring: https://www.mql5.com/en/signals/34001 No initial deposit limitations. The product works on 4 and 5-digit quotes. The trading robot defines flat using two parameters - MaxPriceWidth price range (in points) is set for the last number of bars (NumberOfBars) - and opens a position according to the indicator's signal. You can use the settings offered in Comments section or

SR Key Breakout and Jump Levels by Yohana Parmi

10.00

Key Breakout and Jump/Fall levels. No lagging. No repaint. Trend line is useful for detecting pattern, which is intended for the triangle pattern, Support & Resistance lines, and as a breakout up or down line. The trend lines are formed first before the price of the pair reach it. So it does not repaint. Each line has a description, such as Support, Resistance, Current-Support as key breakout down, and Current-Resistance as a key breakout up. Each broke out line turns into a new support

SuperScalper by Aurora Minna Kiss

12.00

Scalping strategy indicator only for M1 timeframe, works with any pairs. Whenever you have time to sit down at your PC or laptop, you can get profit during 15-30 minutes with the help of this indicator. Red line means down trend, you need to sell. Blue line means up trend, you need to buy.Note! Before you start a trade process, it is very important to wait out a new signal.

Moon Phase by Sergio D. Rocha

10.00

Gann and other analyst had found a curious correlations between moon phases and change in trends, this is an excellent indicator to test those relation and use what you find useful. It's very simplistic, can calculate the moon phases using the average moon cycle duration of 29 days 12 hours 44 minutes since the 1970 first full moon registered at January 22nd. You can also place a known full moon's date, to start the count since the daily opening of that date. In its window will plot a vertica

2014.08.07

The most downloaded free products:

Pattern Recognition by Rasoul Mojtahedzadeh

FREE

Trading based on candlestick patterns is one of the popular price action methods. This free version of the indicator automatically recognizes seven popular bullish and bearish patterns to trade. The indicator implements a filter to eliminate a set of non-promising patterns. You can select which patterns to be recognized by the indicator. Here is the list of the patterns: Bullish Hammer / Bearish Hanging-Man Bullish / Bearish Harami Morning Star / Morning Doji Evening Star / Evening D

TrendViewer by Aurora Minna Kiss

FREE

Simple trend indicator, which helps to recognize thecurrent trend on M30, H1 charts and above. Good for scalpingstrategy on M5, M15 charts. Red line - SHORT trend, Blue line - LONG trend.

Center of Gravity by Ramil Minniakhmetov

FREE

Center of Gravity indicator is your assistant in the financial markets. It displays trend direction, as well as the best market entry and exit points. The price always tends to stay within the channel, and we can use that feature. Inputs: Bars_back - number of bars for the indicator calculation.

Trend Pullback Trader by Daniel Lewis

FREE

Trend Pullback Trader trades in the direction of the trend after a small pullback (declining price in uptrend, rising price in downtrend). It does so by identifying the trend using an MA and then using the RSI and Stochastic oscillators (on a lower timeframe than the MA) to signal shorter term overbought/oversold conditions. The EA has been optimized for EURUSD on M5 chart, other pairs/timeframes need to be optimized. The EA will not trade every day, it can go several days without making a trad

Grid Harvester MT4 Free by Grzegorz Korycki

FREE

Free version of the grid strategy! Identical strategy to the full version, the only limitation is the number of positions. Its goal is to harvest most out of trending market (on automatic mode) taking advantage of corrections in trends. It can be also used by experienced traders on manual trading. This kind of system is being used by most successful social traders having 500+ paid subscribers. Combine your trading experience with this automatic strategy! It contains grid for GBPJPY that i

2014.08.07

13 new topics on forum:

and 10 more...

2014.08.06

The most popular forum topics:

New Members introduction 29 new comments
Eurusd/gbpusd 29 new comments
Multi Timeframe Indicators 26 new comments

2014.08.06

There are more than 63 380 topics available on forum

2014.08.06

22 new topics on forum:

and 19 more...

2014.08.06

Bestsellers in the Market:

TraderDream Advisor by Ramil Minniakhmetov

15.00

The Expert Advisor is based on Trader Dream indicator https://www.mql5.com/en/market/product/2492 Real account monitoring: https://www.mql5.com/en/signals/34001 No initial deposit limitations. The product works on 4 and 5-digit quotes. The trading robot defines flat using two parameters - MaxPriceWidth price range (in points) is set for the last number of bars (NumberOfBars) - and opens a position according to the indicator's signal. You can use the settings offered in Comments section or

Auto Trade Copier by Vu Trung Kien

79.00

Auto Trade Copier is designed to copy trades between multiple MT4/MT5 accounts/terminals with 100% accuracy. With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay. Demo: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/4904 Reference: If you need to copy between different locations over Internet, please check Trade Copier Pro at: https:/

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneouslyReal account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works bot

Adaptive Scalper EA by Arief Adianto

499.00

Adaptive Scalper EA is an indicator based EA and it's not a tick scalper EA. It does not comply with FIFO rules, need 1:200 leverage minimum, and a low spread broker. Adaptive Scalper Expert Advisor using a smart risk-management system - will automatically detect price movement on 4 time frames and act according to the current condition. It is recommended to use a low spread broker and a VPS. You can start using it with $100 only. Use it on 15 minutes time frame. For Customers Please write

Angry Beaver MT4 by Andrey Khatimlianskii

2 499.00

Angry Beaver — a Professional Forex Expert Advisor All you need to get started is an account at a reliable low-spread broker, VPS server, fast Internet connection and Angry Beaver. The deposit size is not important. Angry Beaver uses a very small stop loss and works with almost no drawdown, so you can start even with $10. Check out how the things might unfold by setting an appropriate initial deposit and testing the EA in the strategy tester. The EA's efficiency has been confirmed on real a

2014.08.06

New publications in CodeBase

BlauTVI Tick Volume Indicator from the book "Momentum, Direction and Divergence" by William Blau, implemented in the form of a color histogram.
Rj_RMA Moving average of ranges. The calculation is based on the price high and low for a period.
GFilter A Moving Average that includes price series processing by Gaussian filter.
SimpleBars_Signal The SimpleBars_Signal indicator shows information on the current trend using the values of the SimpleBars indicator with a fixed timeframe.
KaufWMAcross_HTF The KaufWMAcross indicator with the timeframe selection option available in input parameters.
Exp_SimpleBars The Exp_SimpleBars Expert Advisor is based on the signals of the trend indicator SimpleBars.
Simple ZigZag Another zigzag version with a simple code that correctly determines peaks.
Exp_KaufWMAcross The Exp_KaufWMAcross trading system is based on change of the trend direction displayed by the KaufWMAcross indicator.
BvsB_HTF The BvsB indicator with the timeframe selection option available in input parameters.
Exp_BvsB The Exp_BvsB Expert Advisor is based on the signals of the trend indicator BvsB.
Exp_BnB The Exp_BnB Expert Advisor is based on the signals of the trend indicator BnB.
KaufWMAcross A semaphore signal indicator that uses crossing of a classical moving average with Kaufman's AMA indicator.
BvsB An indicator for trend following trading implemented in the form of a colored cloud.
LarryWilliams_MinMax A MetaTrader 5 indicator of short-term, medium-term and log-term extreme points created based on the book of Larry Williams "Long-term secrets to short-term trading".
BackgroundCandle_SimpleBars_HTF The indicator draws candlesticks of a larger timeframe as color filled rectangles in accordance with the values of the SimpleBars indicator.
RegressionPolynomial_HTF The RegressionPolynomial indicator with the timeframe selection option available in input parameters.
MaByMaSignal A semaphore signal indicator that uses the algorithm of crossing of two Moving Averages obtained from two consecutive averages.
MaByMa A colored cloud using two consecutive averages of the price series.
ImportantInformation The indicator displays the information about the time and account properties.
ATR_Normalize_HTF The ATR_Normalize indicator with the timeframe selection option available in input parameters.
ATR_Normalize A normalized true range by Larry Williams.
SimpleBars The indicator colors candlesticks based on the highs and lows of previous bars.
Toptahlil Bollinger and ATR Bands This indicator shows Bollinger and ATR Bands.
Close All Charts The script closes all charts for the specified symbol.
Copy Objects The script copy objects (Trendline, Horizontal Line, Rectangle, Fibo) from active chart to all charts in this same symbol.

2014.08.06

There are more than 4 200 codes published in Codebase

2014.08.06

8 new products are now available on the Market:

VSO by Masaaki Fukuma

FREE

This indicator is a normalized oscillator. 0.66 Red line shows StdDev+2, and -0.66 Lime line shows StdDev-2. About 2000 or more bars are required for this indicator because of calculation of normalization. Input Parameters VSO Period: period of VSO. 24 on default; Normalize Period: period of normalization. 1000 on default; VS Period: period of Variable Stop. 120 on default; VS Multiplier: multiplier of Variable Stop. 3.0 on default; VS Spread: It is automatically calculated at the tim

Master Moving Average by Michalis Phylactou

FREE

Overview Take full control of the moving average crossovers. This indicator creates a matrix comparing 10 different moving average periods against each other in order to find out how strong the trend is. Instructions A table is created showing 10 Moving Average Periods on the Rows and 10 Moving Average Periods on columns. By default, you see (1, 10, 20, 30, 40, 50, 55, 100, 150, 200) on both the Row and the Column. The row MA period is compared against the column MA period. A green posit

Copyist MT4 Universal by Ihar Dubadzelau

10.00

Copyist MT4 Universal is a universal trade copier. it runs as an Expert Advisor in a single file without any additional DLLs. The copier runs both as the provider of trades (master) and the receiver of trades (slave). The EA uses multi-level algorithms, whose main task is to achieve the best possible copy speed. Settings General Mode - Expert Advisor operation mode: Master_Mode - the EA will operate in the Master mode (Source of copied trades) Slave_Mode - the EA will op

SR Key Breakout and Jump Levels by Yohana Parmi

10.00

Key Breakout and Jump/Fall levels. No lagging. No repaint. Trend line is useful for detecting pattern, which is intended for the triangle pattern, Support & Resistance lines, and as a breakout up or down line. The trend lines are formed first before the price of the pair reach it. So it does not repaint. Each line has a description, such as Support, Resistance, Current-Support as key breakout down, and Current-Resistance as a key breakout up. Each broke out line turns into a new support

Copyist MT4 Slave by Ihar Dubadzelau

10.00

Copyist MT4 Slave is a copier of trades (receiver) to be installed on the destination account, to which you want to copy trades. Settings Key: master Key transfer data - set any word (or a set of characters), which should be identical with the corresponding parameter in the source Expert Advisor. Account: accept accounts numbers, through separator (,) - the numbers of the accounts, from which trades will be copied. Timer: timer of check of updates - pause (ms) - the frequency of data

and 3 more...

2014.08.05

The most downloaded free products:

Pattern Recognition by Rasoul Mojtahedzadeh

FREE

Trading based on candlestick patterns is one of the popular price action methods. This free version of the indicator automatically recognizes seven popular bullish and bearish patterns to trade. The indicator implements a filter to eliminate a set of non-promising patterns. You can select which patterns to be recognized by the indicator. Here is the list of the patterns: Bullish Hammer / Bearish Hanging-Man Bullish / Bearish Harami Morning Star / Morning Doji Evening Star / Evening D

TrendViewer by Aurora Minna Kiss

FREE

Simple trend indicator, which helps to recognize thecurrent trend on M30, H1 charts and above. Good for scalpingstrategy on M5, M15 charts. Red line - SHORT trend, Blue line - LONG trend.

Center of Gravity by Ramil Minniakhmetov

FREE

Center of Gravity indicator is your assistant in the financial markets. It displays trend direction, as well as the best market entry and exit points. The price always tends to stay within the channel, and we can use that feature. Inputs: Bars_back - number of bars for the indicator calculation.

Grid Harvester MT4 Free by Grzegorz Korycki

FREE

Free version of the grid strategy! Identical strategy to the full version, the only limitation is the number of positions. Its goal is to harvest most out of trending market (on automatic mode) taking advantage of corrections in trends. It can be also used by experienced traders on manual trading. This kind of system is being used by most successful social traders having 500+ paid subscribers. Combine your trading experience with this automatic strategy! It contains grid for GBPJPY that i

FindClosingPriceReversal by Artyom Trishkin

FREE

The indicator searches for the Closing Price Reversal pattern. It is a strong reversal pattern, particularly if appears after a quick movement. The signal bar opens with a gap from the closing price of the previous bar, the opening price is close to the maximum price of the bar. The close price is below the close price of the previous bar, and it is close to the minimum price of the bar (for the bearish setup). And vice versa for the bullish setup. Indicator puts a mark above/below the sign

2014.08.05

Most downloaded source codes this month

FivePattern An indicator of technical shapes by Merrill. М & W Wave Patterns by A. Merrill.
Mad Trader GBPJPY 5M Only. Good luck.
Expert Advisor Template with Trailing Stop v2 Expert Advisor template with Trailing Stop, autolots, candle scan, buy block sell, buystop / sellstop. Working ea example and many improvements in template!

2014.08.05

Most read articles this month

MetaTrader 5 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 MQL5.community forum, where people are seeking a solution for running MetaTrader 5 under Mac OS operating system. In this article, you will find out how to work with MetaTrader 5 via the Apple's popular operating system.

MetaTrader 5 on Linux

Linux is a Unix-like computer operating system assembled under the model of free and open source software development and distribution. Linux systems are widely used in smartphones and server hardware. Many home PC users prefer it to MS Windows series. In this article, you will find out how to work in MetaTrader 5 via one of the Linux versions - Ubuntu.

Video tutorial: MetaTrader Signals Service

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this tutorial, you will be able to subscribe to any trading signal, or publish and promote your own signals in our service.

2014.08.05

30 new topics on forum:

and 27 more...

2014.08.05

Bestsellers in the Market:

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneouslyReal account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works bot

Adaptive Scalper EA by Arief Adianto

499.00

Adaptive Scalper EA is an indicator based EA and it's not a tick scalper EA. It does not comply with FIFO rules, need 1:200 leverage minimum, and a low spread broker. Adaptive Scalper Expert Advisor using a smart risk-management system - will automatically detect price movement on 4 time frames and act according to the current condition. It is recommended to use a low spread broker and a VPS. You can start using it with $100 only. Use it on 15 minutes time frame. For Customers Please write

Blue Butterfly by Ramil Minniakhmetov

15.00

Blue Butterfly is an implementation of Gartley Butterfly pattern. This indicator predicts price reversals well enough allowing traders to catch large movements (up to 1 000 pips) with small risks. Indicators for efficient traders cost about $300 and higher, while Blue Butterfly can be purchased at a more attractive price. The red butterfly indicates entering sells given that the price is closed below the rectangle (the so-called "reversal zone"). The blue butterfly indicates entering buys gi

PZ Trend Trading by Arturo Lopez Perez

299.00

The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket. Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a

SuperScalper by Aurora Minna Kiss

12.00

Scalping strategy indicator only for M1 timeframe, works with any pairs. Whenever you have time to sit down at your PC or laptop, you can get profit during 15-30 minutes with the help of this indicator. Red line means down trend, you need to sell. Blue line means up trend, you need to buy.Note! Before you start a trade process, it is very important to wait out a new signal.

2014.08.05

There are more than 2 160 products available in Market

2014.08.05

9 new products are now available on the Market:

Madrogolden filter by Francis Dube

FREE

This indicator is built using standard indicators, such as RSI, DeMarker, Momentum, MACD, Force Index, and Moving Averages to produce a trading filter. Trade when two or more signals of the same color appear (blue - for buying, red - for selling). When conflicting signals appear, abstain from trading. At the bottom of the indicator display window is the momentum signal. Red shows downward momentum and blue upward momentum. The signals for momentum are derived from the standard Momentum indicato

M3 Moving Average by Masaaki Fukuma

FREE

This indicator is a moving average with few noises, slight delay and no repaint. This indicator is applicable also to other oscillators. Input Parameters: M3 Period: period of averaging of M3, 3 on default; M3 Shift: shift of M3 line, 0 on default; Indicator ID: number for identifying an indicator, 0 on default; Applied Price: PRICE_MEDIAN on default.

Trend Pullback Trader by Daniel Lewis

FREE

Trend Pullback Trader trades in the direction of the trend after a small pullback (declining price in uptrend, rising price in downtrend). It does so by identifying the trend using an MA and then using the RSI and Stochastic oscillators (on a lower timeframe than the MA) to signal shorter term overbought/oversold conditions. The EA has been optimized for EURUSD on M5 chart, other pairs/timeframes need to be optimized. The EA will not trade every day, it can go several days without making a trad

BrightTrend by Roman Smirnov

FREE

The indicator neither lags, nor redraws. It works on all timeframes and symbols. How to trade: the line has changed its color to red - sell; the line has changed its color to blue - buy.

Cycle Super Scalper by Marek Santa

30.00

What is CSS? It is known fact, that the whole world works in cycles. Cycles are present in every aspect of life. And markets are not an exception. I assume that every trader had already noticed this. So we made an experimental algorithm combining irrational constants and deep analysis with powerful technical filters. We wanted to determine these cycles and get a signal, when next cycle is on. And... it works pretty fine. How to use it? Just use default settings and see what it can do. I often

and 4 more...

2014.08.04

There are more than 63 300 topics available on forum

2014.08.04

19 new topics on forum:

and 16 more...

2014.08.04

Bestsellers in the Market:

Indicador ADX Cross by Alberto Cejudo

10.00

ADX-based indicator allowing you to easily evaluate the entry/exit signals (crosses D+ and D-), as well as trend/flat moments. Also, further information about the current spread and the time remaining at the current bar is included. The indicator is very useful and colorful.

Analyzer PRO by Daniel Stein

49.00

There is a newer version available: Please follow this link to the new product version The best real-time forex analyzer with powerful additional features for professional traders and EA developers. This clearly arranged display shows you instantly, which currency combination is best to trade on the global forex market. The strength or weakness of every major currency is calculated tick by tick and the results are sorted by their economic areas to consider their correlation. Key Features

Lighthouse by Daniel Stein

99.00

Lighthouse is a support and resistance indicator. It displays the most important trading levels and draws them according to their relevance. If a level is clearly broken, it changes its role and color. Support becomes resistance and vice versa. Follow this link and learn how to trade with my professional trading tools Key Features Automated adjustment to the underlying time frame Displays only significant support and resistance levels Immediate graphical response if a level is cle

Powerplay by Daniel Stein

49.00

There is a newer version available: Please follow this link to the new product version Powerplay is an easy-to-use trading system for beginners, advanced and professional traders. The multi timeframe display is the perfect complement to unleash the full potential of Powerplay. You'll see at a glance and for all timeframes at which direction the trend is running. Catch the trends at an early stage and ride the wave till it breaks. Improve your trading results with a great support and resista

PZ Harmonacci Patterns by Arturo Lopez Perez

299.00

The Harmonacci Patterns indicator is probably the most complete Fibonacci patterns auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns and takes Fibonacci projections as seriously as you. It detects 19 different Fibonacci price patterns It plots primary, derived and complementary Fibonacci projections It evaluates past price action and displays every past pattern The indicator analyzes its own quality and performance It uses bre

2014.08.04

14 new products are now available on the Market:

Advanced Harmonic Patterns MT5 by Sergey Efimenko

50.00

The indicator displays harmonic patterns on the chart based on Dynamic ZigZag (https://www.mql5.com/en/market/product/5357) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows d

Support and resistance levels by Alexandr Bryzgalov

FREE

The indicator displays the probable support and resistance levels. The indicator settings: Trends - the mode for displaying trend lines or horizontal lines of support and resistance Yes - display trend lines only No - display horizontal lines only UseResource - use the resources built into the indicator. Yes - use the ZigZag indicator from the resources of the product. No - use a custom ZigZag indicator. HistoryBar - the number of bars in history for displaying the levels

Smart Channel by Marek Santa

FREE

This simple, yet powerful indicator is very good way to determine actual S/R levels. It's main purpose is making your overview on markets much better. It has built-in arrow signal system, which should be used along with MT indicators for best results. Just try it. Recommended MT indicators to use along: Bollinger Bands (default) RSI (period 3, levels 10/90)

FutureWPR by Stanislav Korotky

FREE

Future WPR - or backward WPR - is a special modification of WPR: it uses standard formula, but applies it in reverse direction. The indicator calculates WPR from right to left, that is from the future to the past. It 'knows' and uses the future price movements at any bar where the right-side history provides sufficient number of "forthcoming" bars, that is period bars or more. Conventional WPR is also shown for reference. Both WPR and backward WPR are normalized to the range [0..1] as a more co

Advanced Harmonic Patterns by Sergey Efimenko

50.00

The indicator displays harmonic patterns on the chart based on Dynamic ZigZag (https://www.mql5.com/en/market/product/5356) and is almost a complete analog of one of the versions of well-known korHarmonics. The indicator recognizes the following patterns and their varieties: ABCD, Gartley (Butterfly, Crab, Bat), 3Drives, 5-0, Batman, SHS, One2One, Camel, Triangles, WXY, Fibo and Vibrations. Only display of ABCD and Gartley patterns is enabled in the settings by default. The reverse line allows d

and 9 more...

2014.08.04

New publications in CodeBase

BnB The indicator shows the power of bulls and bears.
Analyze History EA to find gaps in history data.
BBMACD_V2 BBMACD_v2 is the Bollinger Bands® and MACD indicator in the same place at separate window version 2.

2014.08.04

There are more than 4 180 codes published in Codebase

2014.08.03

The most popular forum topics:

Coding help 22 new comments
Pollan's indicators 19 new comments
New Members introduction 18 new comments

2014.08.03

23 new topics on forum:

and 20 more...

2014.08.03

Most downloaded source codes this week

Fracture 7.4.0 Trade EURUSD 5 min scalping or similar. Good Luck.
FivePattern An indicator of technical shapes by Merrill. М & W Wave Patterns by A. Merrill.
Mad Trader GBPJPY 5M Only. Good luck.

2014.08.03

Most read articles this week

MetaTrader 5 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 MQL5.community forum, where people are seeking a solution for running MetaTrader 5 under Mac OS operating system. In this article, you will find out how to work with MetaTrader 5 via the Apple's popular operating system.

Video tutorial: MetaTrader Signals Service

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this tutorial, you will be able to subscribe to any trading signal, or publish and promote your own signals in our service.

MetaTrader 5 on Linux

Linux is a Unix-like computer operating system assembled under the model of free and open source software development and distribution. Linux systems are widely used in smartphones and server hardware. Many home PC users prefer it to MS Windows series. In this article, you will find out how to work in MetaTrader 5 via one of the Linux versions - Ubuntu.

2014.08.03