2018.02.20
2018.02.20
The most popular forum topics:
- Machine learning in trading: theory, models, practice and algo-trading 59 new comments
- From theory to practice 51 new comments
- Errors, bugs, questions 32 new comments
2018.02.20
Most read articles this month
Night trading during the Asian session: How to stay profitable
The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions.
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.
Risk Evaluation in the Sequence of Deals with One Asset. Continued
The article develops the ideas proposed in the previous part and considers them further. It describes the problems of yield distributions, plotting and studying statistical regularities.
2018.02.20
Most downloaded source codes this month
- TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
- SL&TP Values Indicator displays the value of defined stop loss and or take profit in the deposit currency.
- Self Optimizing RSI or MFI Trader This robot optimizes the values it uses for overbought and oversold based on what would have been profitable during the Optimization periods(bars) back. Using the strategy of selling when the index indicator crosses below overbought and buying when the index indicator crosses above oversold.
2018.02.20
New publications in CodeBase
- DSL - stochastic The DSL (Discontinued Signal Line) version of Stochastic does not use a moving average in a classical way for signals, but is instead calculating the signal lines depending on the value(s) of the stochastic. Thus, we are having two things : a signal line and a sort of levels that can be used for overbought and oversold estimation.
- DSL - WPR The DSL version of Williams' Percent Range does not use fixed levels for oversold and overbought levels, but is having a sort of dynamic (discontinued signal lines) calculated to identify those levels. That makes it a bit more responsive to market changes and volatile markets.
- Nonlinear Kalman filter One more from the creations of John Ehlers - nonlinear Kalman filter.
- Kalman bands This is a conversion of Kalman bands originally developed by Igor Durkin. Values are the same as MetaTrader 4 version except that we are using possibilities that MetaTrader 4 does not have to make the indicator easier to use.
- Regular Expressions Tester MQL4 The script allows you to try regular expressions in MetaTrader 4.
2018.02.19
The most downloaded free products:
2018.02.19
Bestsellers in the Market:
2018.02.19
2018.02.18
2018.02.18
Bestsellers in the Market:
2018.02.18
Most read articles this week
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.
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
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.
2018.02.18
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.
2018.02.18
The most popular forum topics:
- From theory to practice 77 new comments
- Advantages and disadvantages of an automatic vehicle 62 new comments
- Machine learning in trading: theory, models, practice and algo-trading 57 new comments
2018.02.17
Bestsellers in the Market:
2018.02.17
2018.02.16
The most downloaded free products:
2018.02.16
The most popular forum topics:
- Machine learning in trading: theory, models, practice and algo-trading 87 new comments
- Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 44 new comments
- Errors, bugs, questions 34 new comments
2018.02.16
Bestsellers in the Market:
2018.02.16
2018.02.15
Bestsellers in the Market:
2018.02.15
2018.02.15
New publications in CodeBase
- DSL - TEMA MACD Variation of a long known and useful MACD indicator using TEMA (Triple Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation, and DSL (Discontinued Signal Lines) and instead of using one signal line uses two.
- DSL - DEMA MACD Variation of a long known and useful MACD indicator using DEMA (Double Exponential Moving Average) instead of using EMA (Exponential Moving Average) for MACD calculation, and DSL (Discontinued Signal Lines) and instead of using one signal line uses two. That way it sort of introduces levels as well as signal lines and, judging from tests, it seems to be better in avoiding false signals and it can be used in (short term) reversals detection.
- Stochastic RVI Stochastic and RVI (Relative Vigor Index) - both indicators measure overbought and oversold area of the market movement. This indicator combines them both in one single indicator - Stochastic of Relative Vigor Index.
- Save and show the objects of testing chart After back testing, we usually need to analyze the testing result on a new chart which we have loaded our template,in this case we need to copy the objects on the testing chart to the new chart. This script helps to save the objects into a file and show the objects on a new chart.
2018.02.14
The most downloaded free products:
2018.02.14
The most popular forum topics:
2018.02.14
Bestsellers in the Market:
2018.02.14
2018.02.14
New publications in CodeBase
- Get M1 OHLC data for MetaTrader 4 backtesting Usually most brokers do not provide M1 data over 3 months in MetaTrader 4, but they provide M1 data over 3 years in MT5. So we can use this tool to obtain the M1 data in MetaTrader 5 tester and save the data into .hst file for MetaTrader 4 backtesting.
- Inverse Fisher RVI The Inverse Fisher Transform normalizes the values in the desired range (-1 to +1 in this case) which helps in assessing the overbought and oversold market conditions.
- Fisher RVI This indicator has an addition of Fisher Transform to the RVI. The Fisher Transform enables traders to create a nearly Gaussian probability density function by normalizing prices. In essence, the transformation makes peak swings relatively rare events and unambiguously identifies price reversals on a chart. The technical indicator is commonly used by traders looking for extremely timely signals rather than lagging indicators.
- s-Downloader.mq4 The script downloads history for all timeframes and symbols in the Market Watch.
- History Downloader This is an Expert Advisor (+ indicator) for downloading the quote history of the current symbol and TF
2018.02.13
2018.02.13
Most read articles this month
Night trading during the Asian session: How to stay profitable
The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions.
Momentum Pinball trading strategy
In this article, we continue to consider writing the code to trading systems described in a book by Linda B. Raschke and Laurence A. Connors “Street Smarts: High Probability Short-Term Trading Strategies”. This time we study Momentum Pinball system: there is described creation of two indicators, trade robot and signal block on it.
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.
2018.02.13
Most downloaded source codes this month
- Self Optimizing RSI or MFI Trader This robot optimizes the values it uses for overbought and oversold based on what would have been profitable during the Optimization periods(bars) back. Using the strategy of selling when the index indicator crosses below overbought and buying when the index indicator crosses above oversold.
- SL&TP Values Indicator displays the value of defined stop loss and or take profit in the deposit currency.
- 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.
2018.02.13
The most popular forum topics:
- Disconnecting WebMoney. 184 new comments
- Machine learning in trading: theory, models, practice and algo-trading 110 new comments
- Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 32 new comments
2018.02.13
Bestsellers in the Market:
2018.02.13
Published article "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.
2018.02.12
2018.02.12
The most downloaded free products:
2018.02.12
Bestsellers in the Market:
2018.02.12
New publications in CodeBase
- Stochastic Extended This version of Stochastic Oscillator allows you to use any of the 4 basic types of averages (default is SMA, but you can use EMA, SMMA or LWMA too) - some are "faster" then the default version (like EMA and LWMA versions) and SMMA is a bit "slower" but this way you can fine tune the "speed" to signals ratio.
- T3 Stochastic Momentum Index This version is doing the calculation in the same way as the original Stochastic Momentum Index, except in one very important part: instead of using EMA (Exponential Moving Average) for calculation, it is using T3. That produces a smoother result without adding any lag.
- Stochastic Momentum Index The Stochastic Momentum Index (SMI) was developed by William Blau and was introduced in the January 1993 issue of Technical Analysis of Stocks & Commodities magazine. It incorporates an interesting twist on the popular Stochastic Oscillator. While the Stochastic Oscillator provides you with a value showing the distance the current close is relative to the recent x-period high/low range, the SMI shows you where the close is relative to the midpoint of the recent x-period high/low range.
- Directional Efficiency Ratio The Efficiency Ratio (ER) was first presented by Perry Kaufman in his 1995 book "Smarter Trading". It is calculated by dividing the price change over a period by the absolute sum of the price movements that occurred to achieve that change. The resulting ratio ranges between 0 and 1 with higher values representing a more efficient or trending market.
- TTM trend The TTM (Trade The Markets) Trend is basically an easier way to look at candlesticks. It is the The Heikin-Ashi method. Literally translated Heikin is "average" or "balance,", while Ashi means "foot" or "bar." The TTM trend is a visual technique that eliminates the irregularities from a normal candlestick chart and offers a better picture of trends and consolidations.
2018.02.11
Most read articles this week
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.
Automatic Selection of Promising Signals
The article is devoted to the analysis of trading signals for the MetaTrader 5 platform, which enable the automated execution of trading operations on subscribers' accounts. Also, the article considers the development of tools, which help search for potentially promising trading signals straight from the terminal.
Risk Evaluation in the Sequence of Deals with One Asset. Continued
The article develops the ideas proposed in the previous part and considers them further. It describes the problems of yield distributions, plotting and studying statistical regularities.
2018.02.11
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.
2018.02.11
Bestsellers in the Market:
2018.02.11
The most popular forum topics:
- Machine learning in trading: theory, models, practice and algo-trading 66 new comments
- Help with my EA. 33 new comments
- Indonesian Member 25 new comments
2018.02.11
2018.02.10
2018.02.10
Bestsellers in the Market:
2018.02.10
The most popular forum topics:
- Machine learning in trading: theory, models, practice and algo-trading 105 new comments
- Questions from Beginners MQL4 MT4 MetaTrader 4 36 new comments
- hidden strategy 35 new comments