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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.

Bestsellers in the Market:

There are more than 4 400 products available in Market

New publications in CodeBase

  • Hurst Exponent The Hurst exponent is referred to as the "index of dependence" or "index of long-range dependence". It quantifies the relative tendency of a time series either to regress strongly to the mean or to cluster in a direction.
  • Fractal Dimension - Jurik Fractal Dimension from Mark Jurik is much smoother than the others but the general rule is the same: it is not a directional indicator, but is attempting to determine if there is a trend in the current market price changes or not, and it should be used bearing that in mind.
  • Fractal dimension index (Sevcik/Matulich) Mandelbrot describes the Fractal Dimension Index (FDI) as a way to measure "how convoluted and irregular" something is. The FDI can be used as a stock market indicator. The closer prices move in a one-dimensional straight line, the closer the FDI moves to 1.0. The more closely prices resemble a two-dimensional plane, the closer the FDI moves to 2.0.
  • Fractal dimension - Ehlers By it's nature, fractal dimension index indicator is not directional. Instead it is showing if there is a trend or not. If the value of the FDI is less than the target threshold, then there is no trend (the market is ranging). If the value is above that threshold then the market is trending.

16 new topics on forum:

and 13 more...

Bestsellers in the Market:

The most popular forum topics:

Published article "How to create a graphical panel of any complexity level".

How to create a graphical panel of any complexity level

The article features a detailed explanation of how to create a panel on the basis of the CAppDialog class and how to add controls to the panel. It provides the description of the panel structure and a scheme, which shows the inheritance of objects. From this article, you will also learn how events are handled and how they are delivered to dependent controls. Additional examples show how to edit panel parameters, such as the size and the background color.

Bestsellers in the Market:

The most downloaded free products:

27 new topics on forum:

and 24 more...
There are more than 94 210 topics available on forum

New publications in CodeBase

  • BB MACD Extended BB MACD is a MACD (Moving Average Convergence Divergence) indicator variation with an addition of Bollinger Bands, which helps in detecting trend change points and measuring current trend's strength.
  • Weekly Fibo Levels Calculation is based on current week open and previous week range.

The most popular forum topics:

Most read articles this month

LifeHack for traders: Blending ForEach with defines (#define)

LifeHack for traders: Blending ForEach with defines (#define)

The article is an intermediate step for those who still writes in MQL4 and has no desire to switch to MQL5. We continue to search for opportunities to write code in MQL4 style. This time, we will look into the macro substitution of the #define preprocessor.

How to create Requirements Specification for ordering an indicator

How to create Requirements Specification for ordering an indicator

Most often the first step in the development of a trading system is the creation of a technical indicator, which can identify favorable market behavior patterns. A professionally developed indicator can be ordered from the Freelance service. From this article you will learn how to create a proper Requirements Specification, which will help you to obtain the desired indicator faster.

Money Management by Vince. Implementation as a module for MQL5 Wizard

Money Management by Vince. Implementation as a module for MQL5 Wizard

The article is based on 'The Mathematics of Money Management' by Ralph Vince. It provides the description of empirical and parametric methods used for finding the optimal size of a trading lot. Also the article features implementation of trading modules for the MQL5 Wizard based on these methods.

Most downloaded source codes this month

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • 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.
  • 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).

20 new topics on forum:

and 17 more...

Bestsellers in the Market:

Bestsellers in the Market:

17 new topics on forum:

and 14 more...

The most downloaded free products:

There are more than 4 350 products available in Market

New publications in CodeBase

  • Heiken Ashi Smoothed Oscillator Instead of using the "regular" Heiken Ashi for oscillator calculations, this version is using the smoothed Heiken Ashi. That makes the number of false signals fall dramatically, and, when pre-smoothing is applied to Heiken Ashi, the lag is in acceptable bounds.
  • Heiken Ashi Oscillator Instead of using "pure price" this indicator uses Heiken Ashi values to determine the trend as well as the "strength" of the trend.
  • Stochastic volatility This is not a directional indicator. This means that even it is stochastic it does not show the direction of the market, but shows the direction-amount-size of volatility. The assumption that seems sound enough and after which this indicator is made is that in the times of extremely low volatility it is a good time to enter the market, since the change in volatility is imminent. Those times are marked by dark gray dots on this indicator. For direction of entry, you should use some other trend showing indicator(s).

9 new topics on forum:

and 6 more...

Bestsellers in the Market:

Most read articles this week

How to create Requirements Specification for ordering an indicator

How to create Requirements Specification for ordering an indicator

Most often the first step in the development of a trading system is the creation of a technical indicator, which can identify favorable market behavior patterns. A professionally developed indicator can be ordered from the Freelance service. From this article you will learn how to create a proper Requirements Specification, which will help you to obtain the desired indicator faster.

Money Management by Vince. Implementation as a module for MQL5 Wizard

Money Management by Vince. Implementation as a module for MQL5 Wizard

The article is based on 'The Mathematics of Money Management' by Ralph Vince. It provides the description of empirical and parametric methods used for finding the optimal size of a trading lot. Also the article features implementation of trading modules for the MQL5 Wizard based on these methods.

MetaTrader 4 on Mac OS

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.

Most downloaded source codes this week

  • Hedging_Zone_Recovery_Area This is my version of Zone Recovery Hedging Strategy Ea with two moving averages. It works on any time frame, you should try it on demo account.
  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • RSISignal This indicator is based on original RSI, but more features are added to general signals and watch the strength of the price movement. The main purpose is to general buy/sell signals using smoothed RSI and its MA.

The most popular forum topics:

The most downloaded free products:

The most popular forum topics:

20 new topics on forum:

and 17 more...
There are more than 94 130 topics available on forum

Bestsellers in the Market:

Bestsellers in the Market:

15 new topics on forum:

and 12 more...

Published article "Visualizing trading strategy optimization in MetaTrader 5".

Visualizing trading strategy optimization in MetaTrader 5

The article implements an MQL application with a graphical interface for extended visualization of the optimization process. The graphical interface applies the last version of EasyAndFast library. Many users may ask why they need graphical interfaces in MQL applications. This article demonstrates one of multiple cases where they can be useful for traders.

New publications in CodeBase

The most downloaded free products:

Bestsellers in the Market:

27 new topics on forum:

and 24 more...

The most popular forum topics:

Bestsellers in the Market:

10 new topics on forum:

and 7 more...
There are more than 94 070 topics available on forum
There are more than 7 900 codes published in Codebase

New publications in CodeBase

  • ThirdPartyTicks A library for working with a third-party tick archive.
  • Improve An Expert Advisor based on two iMAs (Moving Average,MA) and one iRSI (Relative Strength Index, RSI). It tracks virtual profit. Works on two symbols.
  • OnChart_Stochastic Stochastic on the price chart.
  • Conqueror A signal indicator for opening/closing positions.
  • XBarClearCloseTrend A trend signal indicator.
  • LR_Ratio The indicator displays the ratio of two LSMAs.
  • LRL Linear regression line (LSMA) - a moving average calculated by the linear regression method.
  • HA EMA3 Indicator A Moving Average based on Heiken Ashi candlesticks.
  • BW_Zone_Trading Modified BW Zone Trading - a modified indicator of Bill Williams' zone trading.
  • DPO_Bar Detrended Price Oscillator Bar - price chart without a trend.
  • SV v.4.2.5 The Expert Advisor opens no more than one position per day. Positions are opened at the specified time. It searches for the Highest and Lowest price in an interval. Data of two iMA (Moving Average, MA) indicators are used.
  • Days of the week color A colored histogram of the days of the week. Uses the drawing style DRAW_COLOR_HISTOGRAM.
  • DayTime An arrow indicator, which compares the daily open price with the close price of an hour.
  • Parabolic_TrailingStop A utility for applying trailing stop based on the "Parabolic SAR" indicator.
  • Aeron JJN Scalper EA The Expert Advisor places pending Buy Stop and Sell Stop orders. Includes checks for the minimum distance of orders in points (SYMBOL_TRADE_STOPS_LEVEL).
  • Trend RDS Trend detection based on the last three bars.
  • Days of the week A histogram of the days of the week.
  • FarhadCrab1 An Expert Advisor based on two iMAs (Moving Average, MA) and one iSAR (Parabolic SAR). Position trailing.
  • Cross_Line_Trader The Expert Advisor opens positions when the price crosses line objects.
  • Alexav SpeedUp M1 Simultaneous opening of two opposite positions. Trailing Stop.
  • SignalMAAboveBelow 3 A module of trading signals based on the Moving Average indicator signal module.
  • VSI VSI - Volatility Switch Indicator.
  • IDayIIndex The IDayIIndex (Intraday Intensity Index) oscillator indicator.
  • StochasticMomentum A stochastic momentum.
  • HL_MA_Band A colored histogram drawn using the High/Low prices.
  • CCI_Dots The indicator adds signal marks to a price chart when the CCI indicator crosses its zero line.
  • Trend Range An indicator of the market state.
  • GapFinder Gap searching indicator.
  • SZO SZO (Sentiment Zone Oscillator) is an indicator of market sentiment, which has overbought and oversold zones.
  • CVI CVI (Chartmill Value Indicator) shows the value of price deviation from the Moving Average.
  • Hans123_Trader Pending Buy Stop and Sell Stop orders. The EA trades in the specified time period. Determines the highest and lowest prices in the specified range of bars. Position trailing.
  • Ichimoku An Expert Advisor based on the iIchimoku (Ichimoku Kinko Hyo) indicator. Separate Stop Loss, Take Profit and Trailing Stop for BUY and SELL positions. The EA operation time is configurable. A check is performed on the current bar: only one position can be opened.
  • Fractal_TL An indicator for automatic drawing of trendlines based on fractals of a given timeframe.
  • BHS system The EA trades using pending Buy Stop and Sell Stop orders, applying the iAMA (Adaptive Moving Average, AMA) indicator based on a "round price". Position trailing.
  • MathCeilRoundFloor Example of functions MathCeil, MathRound and MathFloor.
  • Fractured Fractals The Expert Advisor uses the Fractals indicator signals to place pending orders and trail the Stop Loss level of positions.
  • AD The AD (Accumulation Distribution) indicator with three calculation methods.
  • SSS SSS (Special Slow Stochastic) has an additional smoothed (slow) line based on the Stochastic signal line.
  • Small_Inside_Bar The "Small Inside Bar" indicator. It searches for formations, in which the internal candlestick of the "Internal bar" pattern is not more than half the size of the determinant candlestick.
  • Autocorrelation The indicator calculates and displays on a chart the autocorrelation function, which shows the relationship between the function (signal) and its shifted copy depending on the time shift value.
  • AsymmetricFractals The indicator allows setting any dimension for each side of a fractal.
  • Adaptable_MACD MACD with advanced settings. In addition to the standard parameters of the fast and slow EMA periods, signal SMA periods and calculation price, this indicator allows setting the calculation method for each line and use either absolute or relative values for MACD calculation.
  • KWAN_NRP_HTF The KWAN_NRP indicator with the possibility to change the indicator timeframe in input parameters.
  • XRSIDeMarker_Histogram_HTF The XRSIDeMarker_Histogram indicator with the possibility to change the indicator timeframe in input parameters.
  • XRSIDeMarker_Histogram The averaged non-trivial linear combination of iRSI and iDeMarker implemented as a color histogram.
  • KWAN_NRP A simple oscillator, which is based on the values of the iStochastic, iRSI and iMomentum indicators and is implemented as a two-colored histogram.
  • Sar_HTF The iSAR indicator with the possibility to change the indicator timeframe in input parameters, implemented in color.
  • SerialMA_EA The Expert Advisor is based on a dynamic moving average.
  • OpenTime 2 The Expert Advisor opens positions inside two time intervals. Trades are closed at the specified time. Trailing Stop.
  • Patterns_EA The Expert Advisor is based on 30 popular candlestick patterns.
  • TAT (Trend Analyzer Tool) MACD+SAR - Trend Analyzer Tool.
  • PMF The Pivot Money Flow indicator displays the direction and the reversal of money flows.
  • Overbought_Oversold Dynamic overbought/oversold levels.
  • Keep On Trading (KOT) An assistant indicator. It shows time for holding a position open.
  • DayOfWeekLabels The indicator shows days of the week on the price chart.
  • Custom_Pattern An indicator of custom patterns.
  • ChannelInd The indicator displays on the chart the previous trading day's channel.
  • ATRR ATR Ratio shows a ratio of two ATRs.
  • SimpleZZ A simple ZigZag with an adjustable step.
  • SerialMA Dynamic Moving Average.
  • RSdynamic_line An indicator of dynamic support/resistance levels.
  • NHNL_Divergence The indicator of divergences of High/Low indices.
  • SignalMAAboveBelow 2 A module of trading signals based on the Moving Average indicator signal module.
  • NHNL The New High New Low Index indicator.
  • MultipleFractals An indicator of multiple fractals.
  • CCI_Divergence The indicator searches for divergences and displays them on the chart of the custom CCI indicator.
  • BB-Percentage-Decimal Bollinger Bands in the form of an oscillator.
  • MACD EA The Expert Advisor uses three iMA (Moving Average, MA) indicators and one iMACD (Moving Average Convergence/Divergence, MACD)
  • Elders Safe Zone An indicator based on Elder's "Safe Zone".
  • N Candles v6 The Expert Advisor searches for N identical candlesticks in a row. It buys on bullish candlesticks and sells on bearish ones. The account type is taken into account, i.e. whether it is netting or hedging.
  • Pipsover 2 The Expert Advisor works based on the iChaikin (Chaikin Oscillator) and iMA (Moving Average, MA) indicators.
  • MACDSimpleReshetov An Expert Advisor trading MACD signals. For those who prefer trading CFDs and futures symbols.
  • UmnickTrader An MQL5 implementation of the adaptive UmnickTrade Expert Advisor.
  • Schaff TCD RSX As a logical step to filter out more the possible false signals, this variation of Schaff TCD RSI is using RSX (which is a smoother RSI than the "regular" RSI) to produce a smoother result.
  • Schaff TCD RSI Schaff Trend Convergence Divergence indicator has the benefit of putting the Schaff Trend CD on a scale of zero to 100, making it easier to identify potential overbought and oversold levels in a currency trend and is using RSI for a final calculation.
  • Schaff Trend RSX Schaff Trend RSX is "a smoother RSI" without a lag, in this version RSX is calculated instead of RSI. That makes the slope much smoother and produces significantly less color (slope) changes.

14 new topics on forum:

and 11 more...

The most downloaded free products:

The most popular forum topics:

Most read articles this month

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.

LifeHack for traders: Blending ForEach with defines (#define)

LifeHack for traders: Blending ForEach with defines (#define)

The article is an intermediate step for those who still writes in MQL4 and has no desire to switch to MQL5. We continue to search for opportunities to write code in MQL4 style. This time, we will look into the macro substitution of the #define preprocessor.

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 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.
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