History of MQL5.community development

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

Pro Scalp is a very smart scalping system that will detect high-probability entries for price action breakouts on the H1 timeframe. The EA has 3 different strategies build into one which are all already fully optimized and ready to go! The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential profits per trade are very high compared to the possible loss, as a clever trailing stop is being used to let the profits run.

500.00

Tight Scalper is a fully automated scalping Expert Advisor. It trades by the channel breakout strategy. You will not need to fine tune this EA. It uses smart algorithms to adapt to market. No standard indicators. No martingale. No grid trading. No arbitrage. No curve fitting according to backtest results. Stops are tight. Requirements We recommend USD based accounts. Every broker has different settings on other currency based accounts. If you have a difficulty on othe

1 950.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets

88.00

LuckyBreak by Nedyalka Zhelyazkova

66.00

LuckyBreak EA is based of two breakthrough strategies and trades important support and resistance. The Expert Advisor use a smart highly adaptable trading algorithm to capture daily breakthrough. The EA provides possibility to limit the maximum risk (in % of deposit) of the trade. I recommend you to use it on ECN account with low spread and fast broker execution. Real account monitoring: https://www.mql5.com/en/users/nedyalka/seller Features A fixed stop loss. Position used tra

2015.09.30

17 new topics on forum:

and 14 more...

2015.09.30

9 new products are now available on the Market:

BoxProfile MT5 by Evgeny Shevtsov

FREE

Volume Delta Panel by Chantal Sala

50.00

Volume DeltaPanel is a very powerful indicator that read the supply on Market. It calculates the Delta from movement of the price and the difference of BUY volumes and SELL volumes. The Volumes are added to price and normalized to symbol points. Its special structure allows you to get all Time Frames values available on the platform MT4. Panel can show 28 instruments simultaneously all customizable according to the offer of the Broker. A good observation of this instrument can suggest

BoxProfile MT4 by Evgeny Shevtsov

FREE

MV Pro Signal by Mahdi Vaseghmanesh

FREE

MV Pro Signal indicator is the result of many months of effort and study to identify good opportunities and serve as a useful indicator in your trading system. The purpose of the MV Pro Signal is Identify higher low at the up trend and lower high at the down trend. This indicator identifies two types of short-term and long-term position that will be showed you long-term positions with large arrows and short-term positions using small arrows. MV Pro Signals can be used in trend follow systems and

Quantum Swing Index QSI by Dzhafer Medzhakhed

39.00

We have analyzed all available indicators in the market and have come to the conclusion that there are no adequate instrument to judge if the price of an asset is overbought or oversold. We have spent several years researching and analyzing the market until we created a new mathematical model called Quantum Swing Index (QSI) that shows much more accurately areas where the market is excessively overbought or oversold. QSI is the overbought oversold indicator designed for the forex market. One of

and 4 more...

2015.09.29

Bestsellers in the Market:

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

ZigZag strategy by Karolis Vaicekauskas

49.00

ZigZag robot is working with classic ZigZag indicator. The strategy is pretty simple but working profitable and stable without martingale,grid or hedge,also there are no big stops. Stop loss always is tiny and take profit always is bigger than stop loss. It best works on EURUSD 1H and 4H time frames , of course you can test it on other pairs and time frames. Real account monitoring: https://www.mql5.com/en/signals/137471 Parameters magic number - unique number for each chart Buy bloc

Pro Scalp is a very smart scalping system that will detect high-probability entries for price action breakouts on the H1 timeframe. The EA has 3 different strategies build into one which are all already fully optimized and ready to go! The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential profits per trade are very high compared to the possible loss, as a clever trailing stop is being used to let the profits run.

500.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets

88.00

PipFinite Breakout Analyzer by Karlo Wilson Vendiola

88.00

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems

2015.09.29

Most downloaded source codes this month

RSI EA RSI EA based on overbought and oversold levels.
Support Resistance - Tools Easily create horizontal lines by 1 key stroke, choose the color of the resistance line and the support line, the indicator automatically changes the color when a line is crossed, you can be alerted when a line is crossed. You can see the history of support and resistance of the line.
Flag and Pennant patterns This indicator shows Flag and Pennant patterns.

2015.09.29

Most read articles this month

Price Action. Automating the Inside Bar Trading Strategy

The article describes the development of a MetaTrader 4 Expert Advisor based on the Inside Bar strategy, including Inside Bar detection principles, as well as pending and stop order setting rules. Test and optimization results are provided as well.

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.

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.

2015.09.29

There are more than 72 160 topics available on forum

2015.09.29

23 new topics on forum:

and 20 more...

2015.09.29

8 new products are now available on the Market:

ROBOT TGTA by Pisitchai Boonluxsasi

50.00

ROBOT TGTA is a fully automatic trading system without any indicators. The logic of the EA is based on one of the trading systems of the world master of stock trading and technical analysis by TGTA. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Use the 1M EURUSD Chart Input Parameters StartLots - initial lot StepLots - step for placing orders Slippage - slip

Veles Oscillator Dreams by Gennady Mazur

FREE

The indicator is based on several МАs and additional calculations. It knocks the bottom out of the argument that MA usually delays. Generally it is designed for scalpers. It displays reverse points, areas of market growth and fall, and consolidation and flat zones. The indicator does not redraw bars. Description of the Parameters PeriodFast - fast MA period MethodFast - fast MA calculation method PriceFast - price applied to the fast MA PeriodSlow - slow MA period MethodSlow

Snake Force 2015 by Horst Udo Lippert

35.00

Trading robot Snake Force 2018 is fully automatic. The Expert Advisor (robot trading system) is the latest version of the most stable and time-tested multi-advisor for trading in the forex market. The EA can be used simultaneously to trade any of the available trading instruments (currency pairs, CFD, metals, etc.) Snake Force 2018 has been tested on the latest market fluctuations on the pair EURUSD. Entering the market takes place on the analysis of the bars and their closing prices, so the

AFX RSI Trendline by Arash Lakzadeh

40.00

The " AFX RSI TrendLine " draws all trendlines automatically, on the RSI indicator with special features. Fully Customizable Features AFX RSI TrendLine Indicator draws the following on the RSI indicator: Moving Average Bollinger Bands Trendlines Channels Linear Regression Channels Input Parameters ====== RSI Settings ====== Period of RSI RSI Applied Price Color of RSI Line Width of RSI Line Style of RSI Calculated Bars - The number of bars to show ======

Reversal Breakout by Hoang Ngoc Thach

129.00

Reversal Breakout is a real breakout strategy. It is based on Moving Average indicator to define market trend and breakout points. Try to entry when price reverse is not good, because there are many false reversal signal, so that it is better to trade breakout at reverse point. This EA will work for all Timeframe, but I prefer to use it on H1 or above. Should use it on major pairs which are lowest Spread, and lowest Slippage: EURUSD,GBPUSD,USDJPY,GOLD,... No martingale No Grid Alwa

and 3 more...

2015.09.28

26 new topics on forum:

and 23 more...

2015.09.28

The most popular forum topics:

Coding help 26 new comments
Indicators with alerts/signal 25 new comments
Multi Timeframe Indicators 25 new comments

2015.09.28

Bestsellers in the Market:

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

Tight Scalper is a fully automated scalping Expert Advisor. It trades by the channel breakout strategy. You will not need to fine tune this EA. It uses smart algorithms to adapt to market. No standard indicators. No martingale. No grid trading. No arbitrage. No curve fitting according to backtest results. Stops are tight. Requirements We recommend USD based accounts. Every broker has different settings on other currency based accounts. If you have a difficulty on othe

1 950.00

Pro Scalp is a very smart scalping system that will detect high-probability entries for price action breakouts on the H1 timeframe. The EA has 3 different strategies build into one which are all already fully optimized and ready to go! The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential profits per trade are very high compared to the possible loss, as a clever trailing stop is being used to let the profits run.

500.00

MicroBOT by Jan Tarnogrocki

799.00

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets

88.00

2015.09.28

11 new products are now available on the Market:

Main Pivots by Evgeniy Sergeev

47.00

Main Pivots is an indicator which looks for pivots points on preset intervals (days, weeks, months, years, etc.). Then all extreme points are checked for splice and consistent support and resistance lines are formed. These lines are useful for detecting the best pivot points. It finds a pair of pivot lines for each interval which correspond to Low (support line) and High (resistance line) of the price movement on the interval. Difference between these lines represemt the price movement for the

TPSproDraW by Roman Podpora

FREE

The TPSproDraW indicator allows to draw continuous zigzag lines on the chart. This handy tool will strike fancy of those traders who trade using technical analysis and need visual expression to forecast the price movement. A drawn continuous zigzag line can be removed as easily as it is drawn - just aim a mouse cursor to the zigzag line and press the Shift key. How it helps: The Z key - double press to enable the mode of drawing patterns, press one time to disable the mode, Esc - cancel

Jimdandy Trade Management Tool by James Hodges

149.00

This tool serves two purposes. It enables you to place a live trade on a live chart . It allows you to place trades in the strategy tester as it runs. On a live chart you can place a trade by: Clicking a Buy, Sell or Pending Lines button. Scheduling a Buy, Sell, or Pending using the scheduler. In the included screenshots you can see four panels labeled: Manual Trading. Order Lines (pendings). Trade Status. Scheduler. Across the top we can: Hide Panels. Fix

Snake Trader by Manita Koitzsch

FREE

This Expert Advisor is designed to trade EURUSD. Snake Trader will detect high-probability entries for price action breakouts on D1 timeframe. The EA calculates the entry at daily bars, no matter what timeframe is selected. Advantages of the EA: no martingale or grid, use of small stop loss, low drawdown, no need to optimize. Recommendations VPS hosting, on which the EA runs all the time Broker with a low spread Broker with GMT+2/3 server time - five daily candles in a trading we

ZigZag strategy by Karolis Vaicekauskas

49.00

ZigZag robot is working with classic ZigZag indicator. The strategy is pretty simple but working profitable and stable without martingale,grid or hedge,also there are no big stops. Stop loss always is tiny and take profit always is bigger than stop loss. It best works on EURUSD 1H and 4H time frames , of course you can test it on other pairs and time frames. Real account monitoring: https://www.mql5.com/en/signals/137471 Parameters magic number - unique number for each chart Buy bloc

and 6 more...

2015.09.28

New publications in CodeBase

Basic Trailing Stop An EA template to add a simple trailing stop to your strategy.
Authenticate into an MT4 account from MQL4 (tested in build 880) MQL4 library that allows authenticating into a MetaTrader 4 account programmatically in release 880+.

2015.09.27

The most downloaded free products:

SILK Free by Waseem Raza

FREE

This is free version of SILK EXPERT ADVISOR . It will work with fixed .01 lot. No Martingale No Grid No Arbitrage No any other risky strategy inside If you have any question about EA please contact me Features It can work with small deposit Only Pending Orders Tight Stop Loss always Profit in Trailing but have TP Orders will be deleted in case of false signals Can work with fixed lot and can set margin Time expiration for orders Avoid weak market Can del

XOATRHIST by Ainur Sharipov

FREE

This is one of my first indicators. Slightly improved. The indicator is based on point and figure chart, but their period is equal to ATR indicator values. Parameters: ATRPeriod - ATR period for calculation of steps. Note: The indicator uses closes price, thus it is recommended to consider completed bars. There is a more visual, with the display of lines on the chart and alerts, paid version of XOatrline

TrendNavigator by Andrey Vasiliev

FREE

Here is the product, which truly reveals all the computing and graphical capabilities of the MetaTrader terminal. The TrendNavigator indicator helps you take the most effective trading decisions, features stunning accuracy, unlimited graphical capabilities and highly developed notification service. 3D graphics 4 unique trend determining algorithms 5 types of notifications of trend change which appear as Buy and Sell signals Very high accuracy Shows local lows and highs Free notif

OptimaEA by Hendrik Budi Widagdo

FREE

Conservative and classical trend following system Expert Advisor based on OptimaFilter indicator and standard simple Moving Average. The Expert Advisor does not use high risk trading strategies, like Martingale. Developed for EURUSD pair, M30 charts and 5 digits brokers. Features Money Risk Management. Trailing Stop. Trailing Start. Fixed Stop Loss. Fixed Take Profit. Break Even Point.

OptimaFilter by Hendrik Budi Widagdo

FREE

OptimaFilter indicator calculation is based on neural network theory and is adjusted by mathematical formula created by the author of this indicator. The product has been developed specifically for confirmation of the power of a trend starting to swing. This indicator features high accuracy and is easy to use for both beginner and professional traders. It is suitable for all symbols available in MetaTrader (Forex, stock, metal, etc.). You can use free version this indicator here PowerTrendFilt

2015.09.27

Bestsellers in the Market:

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

Tight Scalper is a fully automated scalping Expert Advisor. It trades by the channel breakout strategy. You will not need to fine tune this EA. It uses smart algorithms to adapt to market. No standard indicators. No martingale. No grid trading. No arbitrage. No curve fitting according to backtest results. Stops are tight. Requirements We recommend USD based accounts. Every broker has different settings on other currency based accounts. If you have a difficulty on othe

1 950.00

EA ATS MAXI by Pavel Efimov

30.00

Forex EA ATS_MAXI is a grid indicator EA. Its strategy is based on searching for the market reversal movements. This task is handled by the built-in indicator which does not require tuning and optimization. An order is opened upon detecting an overbought/oversold area or other signals forecasting the change of the current trend. EA ATS_MAXI uses fixed order open levels with a predefined step forming an order grid. The EA analyzes the current market parameters and adjusts trading volumes and

Trend Monitor by Pavel Zamoshnikov

15.00

The indicator generates early signals basing on ADX reading data combined with elements of price patterns. Works on all symbols and timeframes. The indicator does not redraw its signals. You see the same things on history and in real time. For better visual perception signals are displayed as arrows (in order not to overload the chart). Features The best results are obtained when the indicator works on two timeframes. For example: M30 – the indicator shows the main trend; M5 –

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 simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expe

2015.09.27

Most downloaded source codes this week

Daily Break Point This an H1 strategy. This EA will execute at the new bar if the last bar has broken through the point that we set.
RSI EA RSI EA based on overbought and oversold levels.
Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.

2015.09.27

Most read articles this week

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.

How to Develop a Profitable Trading Strategy

This article provides an answer to the question: "Is it possible to formulate an automated trading strategy based on history data with neural networks?".

Price Action. Automating the Inside Bar Trading Strategy

The article describes the development of a MetaTrader 4 Expert Advisor based on the Inside Bar strategy, including Inside Bar detection principles, as well as pending and stop order setting rules. Test and optimization results are provided as well.

2015.09.27

17 new topics on forum:

and 14 more...

2015.09.26

There are more than 72 100 topics available on forum

2015.09.26

16 new topics on forum:

and 13 more...

2015.09.26

Bestsellers in the Market:

PZ ABCD Retracement MT5 by Arturo Lopez Perez

49.00

This indicator finds AB=CD retracement patterns. The AB=CD Retracement pattern is a 4-point price structure where the initial price segment is partially retraced and followed by an equidistant move from the completion of the pullback, and is the basic foundation for all harmonic patterns. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Customizable pattern sizes Customizable AC and BD ratios Customizable breakout periods Customiz

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets

88.00

Trend Extreme Dashboard by Michalis Phylactou

35.00

The Trend Extreme Dashboard EA is a unique multi currency EA based on the Trend Wave Extreme EA . It will monitor up to 25 pairs based on their Trend , volatility and Extreme Market Conditions. A score will be calculated for each pair's Trend and Extreme and once their scores reach high enough trades will be placed. Additional limits and restrictions can be placed to prevent opening of new trades. The Trend Extreme Dashboard EA is also ideal for use with the Loss Recovery Trader. Setti

MicroBOT by Jan Tarnogrocki

799.00

Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process. Input Parameters The following input parameters can be changed by the user: Input Parameter Description Trade Frequency 1 Low -> 10 High If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades

2015.09.25

The most popular forum topics:

Best Alternative Solutions Comparatively 58 new comments
Eurusd/gbpusd 31 new comments
Multi Timeframe Indicators 21 new comments

2015.09.25

Bestsellers in the Market:

Pro Scalp is a very smart scalping system that will detect high-probability entries for price action breakouts on the H1 timeframe. The EA has 3 different strategies build into one which are all already fully optimized and ready to go! The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential profits per trade are very high compared to the possible loss, as a clever trailing stop is being used to let the profits run.

500.00

Tight Scalper is a fully automated scalping Expert Advisor. It trades by the channel breakout strategy. You will not need to fine tune this EA. It uses smart algorithms to adapt to market. No standard indicators. No martingale. No grid trading. No arbitrage. No curve fitting according to backtest results. Stops are tight. Requirements We recommend USD based accounts. Every broker has different settings on other currency based accounts. If you have a difficulty on othe

1 950.00

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

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets

88.00

2015.09.25

25 new topics on forum:

and 22 more...

2015.09.25

Published article "Drawing Resistance and Support Levels Using MQL5".

This article describes a method of finding four extremum points for drawing support and resistance levels based on them. In order to find extremums on a chart of a currency pair, RSI indicator is used. To give an example, we have provided an indicator code that displays support and resistance levels.

2015.09.25

There are more than 4 900 codes published in Codebase

2015.09.25

1 new signal now available for subscription:

ANHDTB259

62% 300 trades

Growth:	62.24	%
Equity:	821.09	USD
Balance:	1 082.34	USD

2015.09.24

13 new topics on forum:

and 10 more...

2015.09.24

Bestsellers in the Market:

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

Pro Scalp is a very smart scalping system that will detect high-probability entries for price action breakouts on the H1 timeframe. The EA has 3 different strategies build into one which are all already fully optimized and ready to go! The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential profits per trade are very high compared to the possible loss, as a clever trailing stop is being used to let the profits run.

500.00

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

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets

88.00

Main Zone by Vladimir Parfenov

30.00

The essence of the indicator is to search for demand and supply zones. After the zone is formed, the price is likely to break off this zone. See the video below for more clarity. The main advantage of this indicator is that after price formation we may talk of 95% price breakoff. We can not guarantee that it will be huge, but it will happen for sure. The second and following breakoff can also happen, but less probably. We should also bear in mind that there is no point in trading if two oppo

2015.09.24

There are more than 4 450 products available in Market

2015.09.24

16 new products are now available on the Market:

ThreeZonesMT5 by Minoru Hiki

FREE

The ThreeZones shows time and session with color rectangles of 3 timezones. (Extension of my ThreeClocksMT5 ). Usage The ThreeZones has 3 labels in left top of the chart. Label1 is left, label2 is center, label3 is right, respectively. And in the default settings, label1 is JST(UTC+8), label2 is GMT (UTC+0, use DST), label3 is New York Time (UTC-5, use DST), respectively. There are buttons in each left of labels that toggle show/hide the session with color rectangle. The color rectangl

PinBar Indicator by Kashif Hameed

49.00

We have developed an indicator that identifies profitable PinBar to be traded with a success rate of 90% (as demonstrated in the video). If you follow the proper strategy and trade on the pins as per above six conditions, you can eliminate chances of losing trades. Every pin if identified correctly as per H4 charts, gives you 50-150 pips in just one trade. Inputs AutoBarSize: if True, the indicator will calculate size of the candle based on a chart (H1, H4, D1, etc.). MinBarSize: i

Mr Stein Robot by Karolis Vaicekauskas

49.00

MR. Stein Robot is a fully automated Forex Expert Advisor. The robot strategy is based on price levels' breakout with smart Take profit and Stop loss. Take profit is always 21 pips and Stop loss is always 14 pips . The robot is most efficient on EURUSD H1. The risk is moderate. The EA shows good results with only 3% of risk. Of course, you can increase risk % but I suggest no more than 5%. Long-term tests showed a small drawdown %. The robot only works on EURUSD. It is one of the strategies o

Candle Force EA by Agus Mufaizin

77.00

Candle Force Expert advisor does not use any standard indicators. The EA starts operation / order by observing the strength of price movements in a candle. You can use this EA on all timeframe with same result. In default settings this EA uses multiple pending orders with different Take profit and same StopLoss. The Candle Force EA will be more effective if run when high impact news has to be released Requirements Fast execution broker. Good VPS with ping less than 30 msec.

CinderFX Keystone Free by Bernard Situmeang

FREE

The differences Pro Version and Free version is features in parameter but both use a same strategy in indicator and there are some features that are not owned as in the pro version, this difference is: SmartVirtualStop = false; VirtualStoptimer = 300; MaxRiskPercent = 50.0; Multipliercoefficient = 1.0; MaxLevelOpenTrades = 4; MaxTimeOrderHours = 0; MaxTimeOrderMinutes = 0; PendingExpireHour = 5; PendingOrderLevel = 35; UseHedgePendingOrders =false; TrailingPendingOrders =

and 11 more...

2015.09.24

New publications in CodeBase

Custom Bollinger Bands Bollinger Bands with customizable moving average method and applied price.
History Dump CSV with heat map for Excel analysis This script creates a .CSV file of your order history so you can import it into Excel and analyse it using the calculated heat map slots and other calculated values. All trading attributes are extracted from the history and output to the .CSV file. Updated version 1.03 (about 27KB) has NetProfit, OpenDay, OpenHour, OpenSlot, CloseDay, CloseHour, CloseSlot, DurationMinutes, PotentialWinPips, PotentialLossPips and others. The file is tab delimited for easier conversion from text to columns in Excel. Times are server time. Handles 4 and 5 digit brokers and 2/3 and 4/5 point value pairs, e.g. JPY correctly.

2015.09.23

The most downloaded free products:

SILK Free by Waseem Raza

FREE

This is free version of SILK EXPERT ADVISOR . It will work with fixed .01 lot. No Martingale No Grid No Arbitrage No any other risky strategy inside If you have any question about EA please contact me Features It can work with small deposit Only Pending Orders Tight Stop Loss always Profit in Trailing but have TP Orders will be deleted in case of false signals Can work with fixed lot and can set margin Time expiration for orders Avoid weak market Can del

XOATRHIST by Ainur Sharipov

FREE

This is one of my first indicators. Slightly improved. The indicator is based on point and figure chart, but their period is equal to ATR indicator values. Parameters: ATRPeriod - ATR period for calculation of steps. Note: The indicator uses closes price, thus it is recommended to consider completed bars. There is a more visual, with the display of lines on the chart and alerts, paid version of XOatrline

OptimaFilter by Hendrik Budi Widagdo

FREE

OptimaFilter indicator calculation is based on neural network theory and is adjusted by mathematical formula created by the author of this indicator. The product has been developed specifically for confirmation of the power of a trend starting to swing. This indicator features high accuracy and is easy to use for both beginner and professional traders. It is suitable for all symbols available in MetaTrader (Forex, stock, metal, etc.). You can use free version this indicator here PowerTrendFilt

OptimaEA by Hendrik Budi Widagdo

FREE

Conservative and classical trend following system Expert Advisor based on OptimaFilter indicator and standard simple Moving Average. The Expert Advisor does not use high risk trading strategies, like Martingale. Developed for EURUSD pair, M30 charts and 5 digits brokers. Features Money Risk Management. Trailing Stop. Trailing Start. Fixed Stop Loss. Fixed Take Profit. Break Even Point.

2015.09.23

The most popular forum topics:

Indicators with alerts/signal 33 new comments
Best Alternative Solutions Comparatively 29 new comments
Eurusd/gbpusd 26 new comments

2015.09.23

Bestsellers in the Market:

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets

88.00

PipFinite Energy Beam by Karlo Wilson Vendiola

198.00

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Combo Energy Beam with Swing Control Strategy: Confirm swing pullback signals Watch Video: (Click Here) Energy Beam with Trend Lase

Tight Scalper is a fully automated scalping Expert Advisor. It trades by the channel breakout strategy. You will not need to fine tune this EA. It uses smart algorithms to adapt to market. No standard indicators. No martingale. No grid trading. No arbitrage. No curve fitting according to backtest results. Stops are tight. Requirements We recommend USD based accounts. Every broker has different settings on other currency based accounts. If you have a difficulty on othe

1 950.00

Trend Extreme Dashboard by Michalis Phylactou

35.00

The Trend Extreme Dashboard EA is a unique multi currency EA based on the Trend Wave Extreme EA . It will monitor up to 25 pairs based on their Trend , volatility and Extreme Market Conditions. A score will be calculated for each pair's Trend and Extreme and once their scores reach high enough trades will be placed. Additional limits and restrictions can be placed to prevent opening of new trades. The Trend Extreme Dashboard EA is also ideal for use with the Loss Recovery Trader. Setti

2015.09.23

There are more than 72 040 topics available on forum

2015.09.23

30 new topics on forum:

and 27 more...

2015.09.23

7 new products are now available on the Market:

Exp COPYLOT CLIENT for MT5 by Vladislav Andruschenko

50.00

Trade copier for MT5 is a trade copier for the МetaТrader 5 platform . It copies forex trades between any accounts MT5 → MT5, MT4 → MT5 for the COPYLOT MT5 version (or MT4 → MT4 MT5 → MT4 for the COPYLOT MT4 version) Reliable copier! You can also copy trades in the МТ4 terminal ( МТ4 → МТ4, МТ5 → МТ4 ): COPYLOT CLIENT for MT4 You can try DEMO VERSION of COPYLOT CLIENT MT5 This version Including between terminals МТ5 → МТ5, МТ4 → МТ5 . The deals

BoxInside MT4 by Evgeny Shevtsov

FREE

This indicator calculates the volume profile and places labels that correspond to the VAH, VAL and POC levels, for each candle individually. Indicator operation features The indicator works on the timeframes from M5 to MN, but it uses the history data of smaller periods: M1 - for periods from M5 to H1, M5 - for the H4 period, M30 - for the D1 period, H4 - for the W1 period, D1 - for the MN period. The color and location of the VAL, VAH and POC labels on the current candle

LoLFx FREE by Sergey Kruglov

FREE

LoLFx is a scalper Expert Advisor which uses the strategy of support and resistance lines breakthrough. Fully automated. Designed for trading EURUSD, a low spread broker is preferred. The EA independently detects support and resistance lines and places pending orders. When the market changes it removes old pending orders and places new ones. Just in case, orders are placed with preset stops to avoid significant losses in emergency situations, for example in case of Internet disconnection.

All In One Indicator by Daniel Sic

59.00

This Indicator is all you need to make a great technical analysis of the market. It works on any timeframe and symbol and can also be used as a whole trading system. Here is a complete list of what it can do: draw automatic trendlines draw automatic regression channel draw automatic fibonacci retracement levels draw automatic fibonacci fan levels draw customizable fractals draw moving averages draw daily, weekly, monthly high & lows draw daily pivots (adding weekly and mont

JagzFx History AutoLogger by Robert Jagger

FREE

JagzFX History AutoLogger creates and updates a CSV file export of all completed trades. Simply attached this indicator to any one chart and it will automatically start logging all completed trades to the MQL4\Files folder as often as you wish, e.g. every 1, 10, 60 mins. Features Automatically logs trading history, no need for manual exports; Simply attach it to any chart and set the export frequency in minutes; Automatically names the file based on the account number (e.g. 123456.csv); Automa

and 2 more...

2015.09.22

22 new topics on forum:

and 19 more...

2015.09.22

Bestsellers in the Market:

Smart breakout is an advance trading system. SB uses real breakout strategy with an in-built intelligent filter eliminating bad signals. Trades are always protected with STOPLOSS, Smart Trailing and Breakeven. This EA is very easy to use and it does not use up your CPU or memory. SB has proven results on H1 EURUSD, GBPUSD, however you can change the settings for better results on other currencies. For best result, I recommend broker with maximum spread of 10 points (1 pip) on EURUSD, and G

199.00

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 simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expe

Pro Scalp is a very smart scalping system that will detect high-probability entries for price action breakouts on the H1 timeframe. The EA has 3 different strategies build into one which are all already fully optimized and ready to go! The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The potential profits per trade are very high compared to the possible loss, as a clever trailing stop is being used to let the profits run.

500.00