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Use new possibilities of MetaTrader 5

History of MQL5.community development

The most popular trading robots and technical indicators, news signals, regular incoming ready-made MQL5 programs in CodeBase and the most discussed Forum topics.

34 new topics on forum:

and 31 more...

New publications in CodeBase

  • Price Percentage and Times on cursor crosshair This indicator enhance the functionality of the standard crosshair of MetaTrader adding the difference in Percentage and the time span in a human readable form (not in bars, but in Hours, minutes, days, etc)
  • Position Size Calculator - Based on VP Money Management rules This indicator is based on the Money Management approach used by VP from nononsenseforex.com It uses ATR to calculate Stop Loss, Take Profit and Volume you should enter into a trade based on the percentage of your Equity you want to risk.

The most downloaded free products:

The most popular forum topics:

Bestsellers in the Market:

16 new topics on forum:

and 13 more...
There are more than 100 790 topics available on forum

The most downloaded free products:

Bestsellers in the Market:

The most popular forum topics:

Most read articles this month

MQL5 Cookbook: Getting properties of an open hedge position

MQL5 Cookbook: Getting properties of an open hedge position

MetaTrader 5 is a multi-asset platform. Moreover, it supports different position management systems. Such opportunities provide significantly expanded options for the implementation and formalization of trading ideas. In this article, we discuss methods of handling and accounting of position properties in the hedging mode. The article features a derived class, as well as examples showing how to get and process the properties of a hedge position.

How to purchase a trading robot from the MetaTrader Market and to install it?

How to purchase a trading robot from the MetaTrader Market and to install it?

A product from the MetaTrader Market can be purchased on the MQL5.com website or straight from the MetaTrader 4 and MetaTrader 5 trading platforms. Choose a desired product that suits your trading style, pay for it using your preferred payment method, and activate the product.

Automated Optimization of an EA for MetaTrader 5

Automated Optimization of an EA for MetaTrader 5

This article describes the implementation of a self-optimization mechanism under MetaTrader 5.

Most downloaded source codes this month

  • Price_Action Price_ActionEA trades with "PRICE ACTION" strategy has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.
  • 15 Minute Scalper 15 Minute Scalper EA trades with Stochastic & Parabolic indicators has Trailing Stop Loss &Take Profit,works best on 15 minute time frame EUR/USD and stocks NASDAQ.
  • 10Pips 10Pips EA uses two moving averages to find 10 pips,has Trailing Stop Loss &Take Profit works best on 1 hour time frame major forex pairs and stocks NASDAQ.
There are more than 5 810 products available in Market

13 new topics on forum:

and 10 more...

New publications in CodeBase

The most downloaded free products:

17 new topics on forum:

and 14 more...

The most popular forum topics:

Bestsellers in the Market:

There are more than 9 520 codes published in Codebase

New publications in CodeBase

  • EMA to SMA MACD - on chart EMA to SMA MACD - on chart
  • EMA to SMA MACD - extended EMA to SMA MACD - extended
  • EMA to SMA MACD EMA to SMA MACD
  • Buy Sell Stop Buttons "Buy Sell Stop Buttons" EA sets up 3 buttons for manual trading and allows to predetermine trailing stoploss & take profit, open and close all trades at once.
  • Harami "Harami" trades with 2 Moving Averages and an Harami pattern has Trailing Stop Loss &Take Profit works on 4H & 1D time frames major forex pairs and stocks NASDAQ.

More than 20 new charts published:

Chart EURUSD, H4, 2018.12.14 17:33 UTC, World Forex Corp., MetaTrader 4, Real
EURUSD, H4
Chart GBPCHF, H1, 2018.12.07 12:18 UTC, ForexChief Ltd., MetaTrader 4, Real
GBPCHF, H1
Chart ГРОШЪ/УЕЙВСЪ, M5, 2018.12.06 19:02 UTC, RoboForex Ltd, MetaTrader 5, Real
ГРОШЪ/УЕЙВСЪ, M5

The most downloaded free products:

Bestsellers in the Market:

The most popular forum topics:

18 new topics on forum:

and 15 more...
There are more than 100 730 topics available on forum

Most read articles this week

MQL5 Cookbook: Getting properties of an open hedge position

MQL5 Cookbook: Getting properties of an open hedge position

MetaTrader 5 is a multi-asset platform. Moreover, it supports different position management systems. Such opportunities provide significantly expanded options for the implementation and formalization of trading ideas. In this article, we discuss methods of handling and accounting of position properties in the hedging mode. The article features a derived class, as well as examples showing how to get and process the properties of a hedge position.

Reversal patterns: Testing the Double top/bottom pattern

Reversal patterns: Testing the Double top/bottom pattern

Traders often look for trend reversal points since the price has the greatest potential for movement at the very beginning of a newly formed trend. Consequently, various reversal patterns are considered in the technical analysis. The Double top/bottom is one of the most well-known and frequently used ones. The article proposes the method of the pattern programmatic detection. It also tests the pattern's profitability on history data.

Gap - a profitable strategy or 50/50?

Gap - a profitable strategy or 50/50?

The article dwells on gaps — significant differences between a close price of a previous timeframe and an open price of the next one, as well as on forecasting a daily bar direction. Applying the GetOpenFileName function by the system DLL is considered as well.

Most downloaded source codes this week

  • Hedging Martingale Hedging Martingale opens two trades of buy and sell together,and uses the martingale method.
  • 15 Minute Scalper 15 Minute Scalper EA trades with Stochastic & Parabolic indicators has Trailing Stop Loss &Take Profit,works best on 15 minute time frame EUR/USD and stocks NASDAQ.
  • Moving Average EA Open and close when fast moving average line cross slow moving average line. Default parameters is for XAU H1.

The most downloaded free products:

Bestsellers in the Market:

15 new topics on forum:

and 12 more...

New publications in CodeBase

The most downloaded free products:

Bestsellers in the Market:

13 new topics on forum:

and 10 more...

The most popular forum topics:

New publications in CodeBase

The most downloaded free products:

The most popular forum topics:

Bestsellers in the Market:

17 new topics on forum:

and 14 more...
There are more than 100 680 topics available on forum

Published article "Reversing: Reducing maximum drawdown and testing other markets".

Reversing: Reducing maximum drawdown and testing other markets

In this article, we continue to dwell on reversing techniques. We will try to reduce the maximum balance drawdown till an acceptable level for the instruments considered earlier. We will see if the measures will reduce the profit. We will also check how the reversing method performs on other markets, including stock, commodity, index, ETF and agricultural markets. Attention, the article contains a lot of images!

Published article "Reversal patterns: Testing the Head and Shoulders pattern".

Reversal patterns: Testing the Head and Shoulders pattern

This article is a follow-up to the previous one called "Reversal patterns: Testing the Double top/bottom pattern". Now we will have a look at another well-known reversal pattern called Head and Shoulders, compare the trading efficiency of the two patterns and make an attempt to combine them into a single trading system.

New publications in CodeBase

The most popular forum topics:

The most downloaded free products:

31 new topics on forum:

and 28 more...

Bestsellers in the Market:

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