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

2014.06.06

There are more than 4 060 codes published in Codebase

2014.06.06

Published article "Continuous futures contracts in MetaTrader 5".

A short life span of futures contracts complicates their technical analysis. It is difficult to technically analyze short charts. For example, number of bars on the day chart of the UX-9.13 Ukrainian Stock index future is more than 100. Therefore, trader creates synthetic long futures contracts. This article explains how to splice futures contracts with different dates in the MetaTrader 5 terminal.

2014.06.05

Bestsellers in the Market:

CAP Joly Scalper EA MT5 by Mohammad Ali

75.00

CAP Joly Scalper Expert Advisor is A price Action Scalper That Trades tick Data aggressively with Reversal Trade Strategy. It uses a unique Scalper strategy, no martingale, no hedging, no grid. However, it is recommended to trade only low-spread and liquid Forex pairs. This EA only works on EURUSD. The EA works better with tight trading parameters. The average profit factor during testing is above 2.3. Trading Requirements Caution is advised. In order to trade this EA, you need the followi

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

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

Nevada by Dmitiry Ananiev

1 000.00

This is a non-indicator trading robot. The trading is performed inside the channel. Trading by time is provided in the Expert Advisor's settings. For example, you can trade only during Asian and American sessions. The product contains protection against an increased spread, which can expand during a rollover and news releases. Also, there is a protection against reducing the leverage on Friday. The Expert Advisor is set for AUDNZD M15. WidthFactor - channel expansion ratio. 0.7 on def

Triada Dimeon by Dmitiry Ananiev

1 000.00

Adaptive channel scalper using MA and dynamic channel. The Expert Advisor works well with traditionally flat pairs: AUDNZD, EURCHF, EURGBP, AUDCAD, etc. Trading by time is provided in the Expert Advisor's settings. The product contains protection against an increased spread, which can expand during a rollover and news releases. Also, there is a protection against reducing the leverage on Friday. The Expert Advisor is set for AUDNZD M15. Trading is performed 24 hours a day. WidthFactor -

2014.06.05

18 new topics on forum:

and 15 more...

2014.06.05

7 new products are now available on the Market:

Auto Close Timer Ultimate by WenMing Yang

10.00

AutoCloseTimer allows you to close positions and delete pending orders at a specified time. Usage Download and drag and drop AutoCloseTimer onto the chart. Check Allow AutoTrading in Common tab. Set parameters in Inputs tab. Notice: The close time must be later than the current market time. Input Parameters CloseSymbol - there are 2 options SymBol Of Chart - just close the symbol of the current chart All Symbols - close all symbols CloseTimerDay - specify a day for A

EA PENDING ORDER risk by Svetlana Kavyrshina

20.00

EA PENDING ORDER risk The principle of the Expert Advisor operation is quite simple. Expert Pending Оrder risk places two BUYSTOP and SELLSTOP pending orders at the distance set by a trader or equal to the arithmetic mean value of the last bars' height (or at the minimum allowed distance) from the current price. The product provides two ways to select a lot size: fixed or percentage value. If FixLot parameter is zero, the lot is calculated by Risk - risk value in percentage from the deposit. T

Ilanis by Mikhail Sergeev

35.00

Ilanis is and Expert Advisor for stock trading, it can be used for trading on Forex and other markets, including commodities, metals and index markets. To determine the market entry, the EA uses the modern and ultra-light adaptive indicator FourAverage. Principle of position maintaining is similar to that of the popular Forex robot Ilan, using averaging. But unlike Ilan, Ilanis uses an accurate entry into the market. The robot pays a lot of attention to position control, if the price goes in t

Mirror controller by Eugenio Bravetti

FREE

Mirror software for MetaTrader 4 is a fast and high-quality trade copier for unlimited accounts and is a very useful tool for account managers. This application consists of two parts: "Mirror controller" (it is a free indicator) and "Mirror EA" (Expert Advisor). All products are required to work. "Mirror controller" must be loaded on MASTER account and each "Mirror EA" on a single SLAVE account. There is no limit to the number of SLAVE accounts which could be configured. Other Demo Video

Pending order placer by Richards Laudurgs

20.00

This EA places 2 pending orders - 1 buy stop and 1 sell stop. Perfect if you are trading news. Features Date and time are configurable - YYYY.MM.DD HH:MM:SS. For extra precision trading, it is even possible to select the second parameter. For order executing, EA uses the market watch time, not individual pair ticks, so that it is able to place the orders as fast, as your broker can handle accepting them. Configurable TP and SL. TP and SL are automatically adjusted if there has been a pri

and 2 more...

2014.06.05

New publications in CodeBase

EA based on indicator SAR, ADX and SMA 100 This Expert Advisor is based on SMA, ADX and SAR indicators.
Advanced ADX Advanced ADX indicator.
spread_on_chart The spread_on_chart indicator shows the current values of spread, stop and freeze levels.
AFL Winner The oscillator for intraday trading.
Skype Control Library Library to work with Skype.

2014.06.04

22 new topics on forum:

and 19 more...

2014.06.04

The most downloaded free products:

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.

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.

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

Advanced Price Movement Predictor Basic Edition 4 by Boris Armenteros

FREE

It predicts the most likely short-term price movement based on advanced mathematical calculations. Features Estimation of immediate price movement;Calculation of the real market trend;Calculation of the most important support and resistance levels;Algorithms optimized for making complex mathematical calculations with a minimal drain of system resources;Self-adjusting for better performance, so it’s able to work properly at any symbol (no matter how exotic it is) and any timeframe;Compatible wi

Trajecta AutoSignal MT4 by Rogerio Figurelli

FREE

What about a new kind of a signal indicator with self-adjustment and trend force analysis? This is an innovative and powerful trading system based on signal indicators. The indicator is self-adjusted and non-lagging for all currency pairs and timeframes, looking for the highest possible performance. Trajecta TFA - Trend Force Analysis: this brand new technology of Trajecta Labs enables different signals forces represented in the same graph, so you can check if the major signal is really strong

2014.06.04

The most popular forum topics:

new EA with amazing results 32 new comments
Eurusd/gbpusd 30 new comments
New metatrader 4 compatible indicators 21 new comments

2014.06.04

Bestsellers in the Market:

TraderDreamMT5 by Ramil Minniakhmetov

30.00

The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer. The analyzer can take on values from 0 to 3: 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.Recommendations on usage: Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Se

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

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.

Stochastic Smart by Igor Semyonov

12.50

Description A colored multicurrency/multy-symbol oscillator Stochastic Smart based on the double or triple MA. Compared with the standard Stochastic, this oscillator is more sensitive, which allows it to generate signals in advance. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an err

2014.06.04

New publications in CodeBase

wlxBWACsig The indicator shows entry points according to AC indicator.
MACD MACD indicator.

2014.06.04

5 new products are now available on the Market:

MAm15 by Aleksej Shcherbak

FREE

The Expert Advisor is based on 15-minute MAs and volume indicator. The product works on any timeframe. The trading robot has been developed and tested for working with GBPUSD. The lot is selected automatically according to a deposit size. OSN - allow trading; if 0, new trades are not made, though the Expert Advisor still works with open orders. SHCH - manage deposit load. DEPTH - strength indicator sensitivity. INKLINATIONS - МА inclination necessary for favorable conditions. STOP - st

DailyBreakout by tiago costa

150.00

DailyBreakout Version 1.0 is a simple and efficient Expert Advisor built for MetaTrader 4 platform only. Strategy: daily breakouts Everyone will find the appropriate settings. Features Multicurrency EA Interval - Daily (D1) only Working with 4 and 5-digit brokers Working with no martingale Automatic lot size or lot fixed Can be optimized for all pairsInput Parameters Enable_Expert = enable/disable the Expert Advisor. magic = magic number. distance = distance in points (10 poi

Argo Channel MT4 by Alexander Lasygin

20.00

The indicator draws an equidistant trend channel and adds Fibonacci levels (extension) by the last extremums. The indicator has plenty of settings that can be changed according to your strategy and trading style. Appearance is also customizable. For those who trade within a channel, the indicator displays inclined or inclined + side channels and defines the side channel's width in the terminal window. You can customize the set of Fibo levels according to your preferences. You also can simultane

Argo Trend by Alexander Lasygin

20.00

The indicator tracks the market trend ignoring strong volatility and market noise. The product proved to be efficient both as a filter and an independent tool. I believe, a large description is not necessary here, since the screenshots are self-explanatory.

ReturnAutoScaleMix by Stanislav Korotky

12.50

This is a very powerful indicator that provides a mix of three running totals of linear weighted returns. Each one is similar to a specific mode of ReturnAutoScale indicator. The result is a scaled superposition of three integrated and difference-stationary time series, each for different trading strategy. Indicator displays three lines: yellow - slow market returns, corresponds to mode 0 in ReturnAutoScale; blue - medium market returns, corresponds to mode 1 in ReturnAutoScale; red - fast

2014.06.04

Published article "Why Is It Important to Update MetaTrader 4 to the Latest Build by August 1?".

From August 1, 2014, MetaTrader 4 desktop terminals older than build 600 will no longer be supported. However, many traders still work with outdated versions and are unaware of the updated platform's features. We have put a lot of effort into development and would like to move on with traders and abandon the older builds. In this article, we will describe the advantages of the new MetaTrader 4.

2014.06.03

There are more than 61 820 topics available on forum

2014.06.03

21 new topics on forum:

and 18 more...

2014.06.03

Most downloaded source codes this month

Milestone Trade 5min charts mostly EURUSD. Added news filter from Forex Factory and stops. Loads of versions inside. Good luck
Mad Trader GBPJPY 5M Only. Good luck.
Fracture 7.4.0 Trade EURUSD 5 min scalping or similar. Good Luck.

2014.06.03

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.

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.

2014.06.03

Bestsellers in the Market:

Actual COMBO Depth of Market AND Tick Volume Chart by Sergey Andreev

12.50

This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price: Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file. The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!

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

Trendometer by Rasoul Mojtahedzadeh

33.00

Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre

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

MultiMTCopierMT4Receiver by Alexander Puzikov

15.00

Does not support openning multiple orders on a single symbol on MT5 MultiMTCopier MT4Receiver v2 - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 4 terminal, copying will be performed in this terminal. MultiMTCopier v2: The EA will copy all positions without delays Additionally integrated notification in situations requir

2014.06.03

There are more than 1 760 products available in Market

2014.06.03

15 new products are now available on the Market:

Prism by Vitaly Dodonov

FREE

Many traders use various analytical tools in trading. Trying to determine the direction of the trend movement, the best entry and exit points, they use multiple indicators. Many of them show delayed data, others go "ahead" of the market. There are those that give a lot of false signals. Many books describe the classic technical analysis - support and resistance lines. Figures are simple and clear, but the reality is much more complicated. You have to build support and resistance levels manuall

DollarAndEuroIndex by Sergio D. Rocha

FREE

This is an extension of the previous published DollarIndex with the addition of the function for calculating EURO Index under ICE Formula. Note that the broker should provide the following data: For Dollar Index formula, EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK and USDCHF are needed. For Euro Index formula, EURUSD, EURGBP, EURSEK and EURCHF are needed.Now in this version if the SEK (the most uncommon) is not provided, the formula still works, since it adds 0.0001 to its value, but the index w

FFx Hidden TPSL Manager by Eric Venturi-Bloxs

39.00

The FFx Hidden Manager panel will help you to manage easily your orders directly on the chart. Below all features described: TP, SL and TrailingStop are hidden Each order has its own lines on chart Drag & Drop any line to change the TP/SL as per your need Option to move automatically the SL line at breakeven when TP #1 is reached Option to choose the TP/SL type (by pips or price) Option to choose the TrailingStop type (by pips, MA, Fractals, PSAR or ATR) Define which order(s)

Robot ZigzagLuck by Roman Smirnov

30.00

The Expert Advisor is based on the ZigzagLuck indicator: https://www.mql5.com/en/market/product/4171. Our company is glad to present you the new 2014 trading robot Zigzag of Luck! First it was only an indicator, which won great popularity among traders! We have decided to use this wonderful indicator as a basis for creating a trading robot that would help traders to trade without any interference. Key Advantages of the EA: Analysis of an additional powerful indicator for decision making (im

Price Strategy by Pawel Lozinski

259.00

Works on all currency pairs. Timeframes - M5, M15, H1 H4, D1. Information on the Chart: SYGNAL BUY / SYGNAL SELL - input to Buy / input to Sell. PROFIT 1 - basic earnings. PROFIT 2 - average profit. PROFIT 3 - big profit. STOPLOSS - setting stop loss. Input Parameters H - Price High. L - Price Low.

and 10 more...

2014.06.02

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

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

Pivot Prof MT4 by Paul Anscombe

59.00

Pivot Prof is a professional pivot tool that provides full control over the simultaneous display of multiple timeframe support and resistance levels for trading and brings you all these features: Choice of five popular pivots formulas: Standard (floor), Fibonacci, Camarilla, Woody’s, DeMark H1, H2, H4, H6, H8, H12, Daily, Weekly, Monthly Pivot + Support & Resistance levels Mid-Pivot levels Previous high/low and current open levels Custom starting hours to allow you to tune the

Smart EMA by Wim Schrynemakers

50.00

SMART EMA is an Expert Advisor that uses Exponentional Moving Averages to seek its trades. But the main feature is a very smart way of dealing with the open positions. Every "group" of trades is closed without risking a big drawdown or too many open positions. In case of more than usual number of open positions, it seeks smaller group of trades to close and thus reducing the drawdown. Smart EMA is optimized for EURUSD and GBPUSD for the moment, but updates for other currencies will follow and w

2014.06.02

The most downloaded free products:

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.

Trajecta AutoSignal MT4 by Rogerio Figurelli

FREE

What about a new kind of a signal indicator with self-adjustment and trend force analysis? This is an innovative and powerful trading system based on signal indicators. The indicator is self-adjusted and non-lagging for all currency pairs and timeframes, looking for the highest possible performance. Trajecta TFA - Trend Force Analysis: this brand new technology of Trajecta Labs enables different signals forces represented in the same graph, so you can check if the major signal is really strong

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

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.

PZ Trade Manager by Arturo Lopez Perez

FREE

Is position management time consuming? The Trade Manager EA performs an automatic position management for you. Capital preservation is top priority;Let profits run without your attention;Enjoy risk-free trades as soon as possible;It trails the stop-loss automatically; Initial SL and TP are also automatic. The EA performs the following tasks after you've taken a trade:The initial stop-loss is automatically placed (optional); The initial take-profit is automatically pla

2014.06.02

22 new topics on forum:

and 19 more...

2014.06.02

The most popular forum topics:

Eurusd/gbpusd 29 new comments
Press review 23 new comments
Indicators with alerts/signal 20 new comments

2014.06.02

16 new products are now available on the Market:

Classic Daily Pivot by Luis Andrianto

30.00

Classic daily pivot auto shift GMT 0. Pivot formula: Pivot = (YHigh + YLow+ YClose)/3 R1 = Pivot*2 - YLow R2 = Pivot+ YHigh - YLow R3 = Pivot*2 + YHigh - YLow*2; S1 = Pivot*2 - YHigh; S2 = Pivot - (YHigh - YLow); S3 = Pivot*2 - (YHigh*2 - YLow)R - Resistance, S - Support, YHigh - Yesterday High, YLow - Yesterday Low, YClose - Yesterday Close.

Currency Strenght by Kourosh Davallou

FREE

When trading Forex, we trade a pair of currencies at time. For example EUR/USD. If we are long on the EUR/USD it means that we expect the EUR to gain in strength relative to the USD. If we are short on the EUR/USD it means that we expect the EUR to weaken relative to the USD. You should be all familiar with this concept. The key thing about pairs though is that they just indicate the strength of one currency relative to another. If we see the EUR/USD going up, is it because the EUR is strengthe

Moving Average Trend by Aurora Minna Kiss

FREE

This indicator displays, in histogram form, the difference between either: a fast and slow moving average (MA_Power=true) main and signal lines of a MACD indicator (MACD_Power=true) main and signal lines of a stochastic indicator (Stochastic_Power=true)Only one option can be chosen (default is moving average) at any one time, although another indicator can be opened for another option. This indicator also displays average levels of difference values above and below the zero line. This fea

INDSILUNIWERSAL by Aleksej Shcherbak

FREE

A strength indicator based on Elder's book. I wrote it five years ago and couldn't delete it since then. I've changed many terminals and computers, and this indicator is always with me. Its strategy is simple: when the slow curve grows and is greater than zero, and the fast one falls and makes a reverse, we buy at the reversal point. When the fast curve moves up and turns down, close the deal. Conversely open a short trade if the slow strength indicator is less than zero and continues to fall.

Gann Time Clusters by Martin Eshleman

150.00

Gann Time Clusters Indicator This indicator is based on W. D. Gann's Square of 9 method for the time axis. It uses past market reversal points and applies the mathematical formula for Gann's Square of 9 and then makes projections into the future. A date/time where future projections line up is called a 'time cluster'. These time clusters are drawn as vertical lines on the right side of the chart where the market has not advanced to yet. A time cluster will result in a market reversal point

and 11 more...

2014.06.02

New publications in CodeBase

Japanese Candlestick Patterns Indicator displays different candlestick patterns on chart. It is possible to change colors and disable alerts.
MACD Sample The MACD Sample Expert Advisor trades at the crossover of the main and the signal line of the MACD. This Expert Advisor is an example of object-oriented approach in EA development.
BackgroundCandle_DigitMacd_HTF The indicator draws candlesticks of a larger timeframe as color filled rectangles in accordance with the colors of the clouds of the DigitMacd indicator.
Exp_DigitMacd The Exp_DigitMacd EA is based on the signals generated by the DigitMacd oscillator.
SatlMacd This indicator is an oscillator based on the averaged difference between the SATL digital filter and the Close price.
Ticker_SATL The indicator is drawn as a colored cloud between the lines of a slow digital filter and the price.
FatlMacd An oscillator from an averaged difference between the FATL digital filter and the Close price.
DigitMacd A colored cloud formed by the lines of the FATL and SATL digital filters.
Exp_DynamicRS_C A trading system that uses the DynamicRS_C indicator.
Ticker_FATL The indicator is drawn as a colored cloud between the lines of a fast digital filter and the price.
BackgroundCandle_StepMA_Stoch_KV1_HTF The indicator draws candlesticks of a larger timeframe as color filled rectangles in accordance with the values of the StepMA_Stoch_KV1 indicator.
MultiHighsLowsSignal The MultiHighsLowsSignal indicator shows information on active trends using the values of seven HighsLowsSignal indicators from different timeframes.
DynamicRS_C A trend indicator of the series of indicators without averaging.
PChannel_System The indicator implements a breakthrough system using a channel drawn on extrema for a period.
Linear_Price_Bar A candlestick chart, all the Open prices of which are shifted to zero.
Tally for Wins and Losses Way to keep a tally of wins an losses.

2014.06.02

There are more than 4 030 codes published in Codebase

2014.06.01

Most downloaded source codes this week

MAC3D Custom Indicator. 3 Dimensional MACD Ribbon.
QuotesDemo The Expert Advisor shows the current values of World Stock Indices from Google Finance using WebRequest function.
VR---STEALS-3 Advisor exposes not visible to brokers levels StopLoss, TakeProfit, Breakeven, Traling stop

2014.06.01

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.

2014.06.01

There are more than 61 760 topics available on forum

2014.06.01

16 new topics on forum:

and 13 more...

2014.06.01

More than 50 new charts published:

EURUSD, M1

USDJPYi, M2

XAGUSDi, M3

2014.06.01

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

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 RSI by Rasoul Mojtahedzadeh

33.00

Relative Strength Index (RSI) is one of the most popular and accurate oscillators widely used by traders to capture overbought and oversold areas of price action. Although the RSI indicator works fine for a period of market, it fails to generate profitable signals when market condition changes, and hence produces wrong signals which results in big losses. Have you ever thought about an adaptive RSI indicator that adapts its period of calculation based on the market conditions? The pres

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

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.

2014.05.31

The most popular forum topics:

Traders Joking 31 new comments
Multi Timeframe Indicators 18 new comments
Indicators with alerts/signal 17 new comments

2014.05.31

Bestsellers in the Market:

TraderDreamMT5 by Ramil Minniakhmetov

30.00

The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer. The analyzer can take on values from 0 to 3: 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.Recommendations on usage: Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Se

Trendometer by Rasoul Mojtahedzadeh

33.00

Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre

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

Binary Signal by Alexander Kuznetsov

999.00

Binary Signal is a highly accurate trend indicator. It allows you to detect the beginning and the end of a trend well in advance. Parameters: MaMethod - Moving Average calculation method, recommended to be set to 1. MaPeriod - Moving Average period, the greater the value, the more accurate the signal; the smaller the value, the more sensitive the signal. BarsBack - number of bars back in history for plotting indicator signals.

Argo 1 2 3 by Alexander Lasygin

15.00

This indicator is intended for identifying the most frequently seen pattern on a price chart - the 1-2-3 pattern. This pattern is displayed in the chart only after it was fully formed, i.e. when the price has broken point #2. It features notifications using alerts or simply using a sound signal. When the price breaks the pivot formed by the indicator, you can hear the signal sound and see the relevant marking made. In addition to the pattern, the indicator displays the pivot and target levels of

2014.05.31

14 new topics on forum:

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2014.05.30

The most downloaded free products:

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.

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

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.

DoubleControl by Mikhail Sergeev

FREE

DoubleControl is a smooth quality implementation of the "Double Control" trading strategy. The strategy used by the Expert Advisor is reliable and easy-to-use. A complete description of the strategy used can be found here: http://excstrategy.ru/ForexSystem/DoubleControl The Expert Advisor is set for trading on EURUSD H1. It can be set to work with any currency pairs and other MetaTrader 4 financial instruments. The Expert Advisor uses the i_FourAverage indicator which is built in it. Detai

Pivot by Kourosh Davallou

FREE

There are a lot of advantages when trading with support and resistance lines, and they should be a staple in every trader's arsenal. Another effective method of deriving multiple horizontal based support and resistance lines is using a formula derived from yesterday's High, Low and Close bar. The formula maps out pivot point levels consisting of the pivot, and three levels of support and resistance, and these levels can be traded much the same way as trading with the regular support and resistan

2014.05.30

22 new topics on forum:

and 19 more...

2014.05.30

13 new products are now available on the Market:

BladePro by Ilya Severskiy

49.00

BladePro is a scalper Expert Advisor designed for professional Forex tradin. The V1.71 version offers three strategies: Strategy No.1 "Pro", Strategy No.2 "Protect", Strategy No.3 "CCI-ADX". Strategy No.1 "Pro": the market is entered using stop orders placed at regular intervals from the price. The EA "trails" pending orders following the price. Strategy No.2 "Protect": the market is entered in overbought and oversold areas, wihch are determined using a unique algorithm. Additional settings

Divergence by Maxim Maslov

199.00

The Expert Advisor follows MACD divergence signals. If an open position enters a drawdown, the Expert Advisor finds another MACD divergence signal in the same direction and closes both trades when desired profit is reached. Currency pairs: all. Recommended timeframe: 1 hour. Standard settings for EURUSD pair. Optimize the trading robot for each symbol. It is advised to use not more than 10% of risk.Usage: Apply the product to all optimized pairs and timeframes. There cannot be divergence o

Slonik by Aleksej Shcherbak

FREE

This Expert Advisor is designed to trade GBPUSD. It works with the H1 chart, but you can place it on any time interval. The EA trades long after a sharp fall and a reversal. By default, it uses 0.1 lot with the minimum deposit. Lifetime of deals is usually not more than a day, sometimes one or two days. The idea of the strategy is that any sudden movement is followed by rollback. Parameters OSN - allow the EA to open deals. SHCH - load ratio, the larger is the value, the greater the

MWC COX by Joerg Hamann

FREE

MWC COX indicator shows the extreme zones of net short/long positions for four periods of time. Default settings are periods of 12, 26, 52 and 156 weeks. Additional Features - Displays the sum of all 4 periods in one line - MA, MOM and RSI indicators are integrated Please make sure that you download MWC_3L.dat file into [...]/MQL4/Files folder. A more detailed instruction can be downloaded here. Main data folder: www.myweeklycot.com/cot/voll/[Actual Year]/... Example: http://www.myweeklyc

StopLoss Manager by Andrey Bulezyuk

20.00

In-Trading StopLoss Manager is managing your SL automated. You can use 4 different Indicators to let SL Manager move your SL: Kijun-Sen Line (Ichimoku) Parabolic SAR Eponential MA Donchian ChannelYou can set up the StopLoss Manager on Chart. You can turn the StopLoss Manager Off/On on Chart. You simply open a trade, set up the In-Trading SL Manager and enjoy your free time! See instruction on how to use it in the video.

and 8 more...

2014.05.29

There are more than 61 710 topics available on forum

2014.05.29

24 new topics on forum:

and 21 more...

2014.05.29

The most popular forum topics:

Traders Joking 41 new comments
Multi Timeframe Indicators 33 new comments
Eurusd/gbpusd 28 new comments

2014.05.29

Bestsellers in the Market:

TraderDreamMT5 by Ramil Minniakhmetov

30.00

The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer. The analyzer can take on values from 0 to 3: 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.Recommendations on usage: Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Se

CloseIfProfitorLoss with Trailing by Vladislav Andruschenko

30.00

Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order),calculating and closing for BUY and SELL positions separately (Separate BUY SELL),closing and calculating all symbols or the current symbol only (All Symbols),enable trailing for profit (Trailing Profit)Positions are closed based on a value in deposit currency, points, % and drawdown. The application is designed for use on any account togeth

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

PA TRADE by Wim Schrynemakers

790.00

PA Trade stands for Price Action Trade. I created this EA with one thing in mind: the EA must perform all years with one single setting. And I've done just that. The EA uses price action patterns to select its trades on the daily charts. For me, this EA will be my holy grail of trading. The EA identifies 4 price action patterns to enter trades: inside bars, pinbars, high/low-breakouts and engulfing bars. ALL trades have a stoploss. Half the trades have a fixed takeprofit, the other ha

Exp4 Close Minus by Plus by Vladislav Andruschenko

30.00

Covers losing positions by identifying and closing winning positions. This assistant looks for the most loss-making position among all positions in the terminal. Further, by searching for other positions, it calculates a series of orders that can cover the loss and closes them. The series of orders can include any position. The maximum number of positions is specified in the settings of the Expert Advisor. You can test the Expert Advisor in the strategy tester and trade with our EAPADPRO too

2014.05.29

4 new products are now available on the Market:

SPRINTER by Evgeniy Takalov

10.00

A muti-currency trading panel. It is designed for quick scalping during news, but can also be used for conventional manual trading. It is very simple and clear. Key Features It allows you to simultaneously watch and trade multiple instruments, up to 20 pairs (1, 2, 3, 4, 6, 8, 9, 12, 15, 16 and 20) Automatic calculation of trade volume and/or use of a single volume for all available pairs. Setting up to 9 custom combinations used simultaneously for all pairs on the panel. Automati

Elliott Wave Tool Lite by Sergio D. Rocha

FREE

This is a reduced version, demo if you like, of the published Elliott Wave Tool 7Pasos. The limitations for this tool vs Elliott Wave Tool 7pasos are the following: Only one account possible, the original tool has 1 principal and 4 alternative accounts. Only one degree (Primary) is available, in the original tool 12 different degrees (6 in micro) are at your disposition. As only one degree is available, the functions to upgrade and downgrade the degree of the selected wave are disabl

Predictor of the MA by Maxim Romanov

30.00

Description I think, almost all traders dream about non-lagging MA. I have realized that dream in my indicator. It allows forecasting future MA values! The indicator can be used in four different ways: The first one - forecast for the desired amount of bars. Thus, you are able to evaluate future price behavior. The second one - generating non-lagging "averages". That can be implemented by moving MA back by the half of the averaging period and setting the forecast the necessary amount of bar

TradeChaos info by Gennadiy Stanilevych

125.00

The indicator analyzes the quotes by the list of currency pairs and timeframes configured in the settings and displays main signals for trading based on Trading Chaos strategy on the chart in tabular form. With this indicator, you do not need to search and subscribe to trading signals. The product informs about signal level breakthroughs in real time via email. The main objective of the indicator is searching for "Three Wise Men" trading signals, divergences, beginning of zoning, "Saucer" and "C

2014.05.29

New publications in CodeBase

Inverted Chart View The indicator shows inverted chart for better short trading.
Sacred Chao - Signals from Trading Chaos, 2nd Edition Yet Another Chaos Indicator.
Bollinger Percent B This is Bollinger Bands %b indicator for MetaTrader 5.
Multi-Currency Indicator with USD reference The indicator is designed to show how the seven major currencies have moved against the US dollar.
CandleColorCounter The indicator counts Bull and Bear candles in Bar_Period bars and calculates percent.
STOPD Levels MTF Plot the STOPD Price Levels based on user specified timeframe.