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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.

The most popular forum topics:

17 new topics on forum:

and 14 more...

The most popular forum topics:

Bestsellers in the Market:

The most downloaded free products:

The most popular forum topics:

18 new topics on forum:

and 15 more...
There are more than 93 480 topics available on forum

Bestsellers in the Market:

The most popular forum topics:

Bestsellers in the Market:

23 new topics on forum:

and 20 more...

The most downloaded free products:

Bestsellers in the Market:

17 new topics on forum:

and 14 more...

Most read articles this month

Automatic construction of support and resistance lines

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values.

Testing patterns that arise when trading currency pair baskets. Part III

Testing patterns that arise when trading currency pair baskets. Part III

In this article, we finish testing the patterns that can be detected when trading currency pair baskets. Here we present the results of testing the patterns tracking the movement of pair's currencies relative to each other.

The Channel Breakout pattern

The Channel Breakout pattern

Price trends form price channels that can be observed on financial symbol charts. The breakout of the current channel is one of the strong trend reversal signals. In this article, I suggest a way to automate the process of finding such signals and see if the channel breakout pattern can be used for creating a trading strategy.

Most downloaded source codes this month

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Signal Candles Get entry signals from specific candles based on your rules.
  • Daily Pivot Points shifted for different day start time This indicator is another implementation of daily pivot points that allows the time for pivot point calculation to be advanced or delayed from the server time. It considers any Saturday trading to be Friday and any Sunday trading to be Monday.

Bestsellers in the Market:

The most popular forum topics:

18 new topics on forum:

and 15 more...
There are more than 93 430 topics available on forum

New publications in CodeBase

  • Hull MACD This version of MACD uses Hull Moving Average for MACD calculation instead of using EMA (as the original Gerald Appel version does). That makes it "faster" than the EMA version and suitable for scalping techniques as well as for trending techniques (if longer calculation periods are used).
  • RSI Slowdown The indicator is based on the idea that before the price and the indicator itself turn, the indicator rate slows down first and only then turns.
  • RSI vs BB This is the semaphore indicator with arrows based on BB and RSI.
  • Limit Orders Control This is a not big assistant for trading with limit orders.
  • Limit orders Pro This script provides quick work with a large number of pending orders in the market and contains functions for placing, changing, and deleting of orders within the your price range.
  • Identical candles This is the semaphore indicator of candles that highlights the candles on the chart, which have same direction like all candles for your chosen timeframes.

The most downloaded free products:

Bestsellers in the Market:

11 new topics on forum:

and 8 more...

Published article "Controlled optimization: Simulated annealing".

Controlled optimization: Simulated annealing

The Strategy Tester in the MetaTrader 5 trading platform provides only two optimization options: complete search of parameters and genetic algorithm. This article proposes a new method for optimizing trading strategies — Simulated annealing. The method's algorithm, its implementation and integration into any Expert Advisor are considered. The developed algorithm is tested on the Moving Average EA.

Most read articles this week

LifeHack for traders: Fast food made of indicators

LifeHack for traders: Fast food made of indicators

If you have newly switched to MQL5, then this article will be useful. First, the access to the indicator data and series is done in the usual MQL4 style. Second, this entire simplicity is implemented in MQL5. All functions are as clear as possible and perfectly suited for step-by-step debugging.

Custom Strategy Tester based on fast mathematical calculations

Custom Strategy Tester based on fast mathematical calculations

The article describes the way to create a custom strategy tester and a custom analyzer of the optimization passes. After reading it, you will understand how the math calculations mode and the mechanism of so-called frames work, how to prepare and load custom data for calculations and use effective algorithms for their compression. This article will also be interesting to those interested in ways of storing custom information within an expert.

Automatic construction of support and resistance lines

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values.

Most downloaded source codes this week

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Signal Candles Get entry signals from specific candles based on your rules.
  • Daily Pivot Points shifted for different day start time This indicator is another implementation of daily pivot points that allows the time for pivot point calculation to be advanced or delayed from the server time. It considers any Saturday trading to be Friday and any Sunday trading to be Monday.

Bestsellers in the Market:

14 new topics on forum:

and 11 more...

The most popular forum topics:

The most downloaded free products:

The most popular forum topics:

Bestsellers in the Market:

14 new topics on forum:

and 11 more...

The most popular forum topics:

14 new topics on forum:

and 11 more...
There are more than 93 360 topics available on forum

Bestsellers in the Market:

The most downloaded free products:

The most popular forum topics:

18 new topics on forum:

and 15 more...

Bestsellers in the Market:

Bestsellers in the Market:

The most popular forum topics:

21 new topics on forum:

and 18 more...
There are more than 4 210 products available in Market

New publications in CodeBase

  • Point of Balance The indicator shows current trend by showing a color of the current balance. The opposite color is not displayed as long as it does not become a trend (hence, lack of color, means the opposite trend is the prevailing)
  • Candle Closing Time Remaining (CCTR) MT5 MetaTrader 5 version of Candle Closing Time Remaining (CCTR) is an indicator which displays the remaining time for an open candle to be closed.
  • Inverse Fisher CCI CCI is a very useful indicator. But it lacks one thing: known bounds. Adding Inverse Fisher Transform to CCI makes it oscillate in known bounds, and that way it can help in assessing what is exactly going on with the markets.

The most downloaded free products:

Most read articles this month

How to reduce trader's risks

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.

The Channel Breakout pattern

The Channel Breakout pattern

Price trends form price channels that can be observed on financial symbol charts. The breakout of the current channel is one of the strong trend reversal signals. In this article, I suggest a way to automate the process of finding such signals and see if the channel breakout pattern can be used for creating a trading strategy.

Testing patterns that arise when trading currency pair baskets. Part III

Testing patterns that arise when trading currency pair baskets. Part III

In this article, we finish testing the patterns that can be detected when trading currency pair baskets. Here we present the results of testing the patterns tracking the movement of pair's currencies relative to each other.

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