History of MQL5.community development

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

EvoNightEA by Ivan Pochta

149.00

EvoNightEA is a fully automatic Expert Advisor based on midnight scalping in low market volatility. The system analyzes the price movement in the daily range and, based on the data obtained, trades on the low-volatility market in a rollover inside the channel. Most of the system parameters are dynamic, which reduces the chance of overfitting and adapts the system to different market conditions. This makes the system more stable and flexible for long term use. EvoNightEA strategy uses a number

True Currency Strength Meter by Emir Revolledo

149.00

MAJOR CHANGES HAS BEEN MADE. Parameter description will be changed. EXPECT ANOTHER UPDATE BEFORE JUNE ENDS. PRICE WILL GO UP AFTER THE FINAL UPDATE. True Currency Meter with Email and SMS push notifications! Have you ever wondered why would some pairs would move more than others, and 100 pips on EURGBP is bigger than 100 pips on EURUSD? And during the news, some would move 200 pips but some would only move 150 pips? This is the key to the newly developed "28 pairs" True Currency Strength Met

Open lock by Sergey Likho

299.00

The Expert Advisor helps reduce the account drawdown. To do this, the losing deal is split into multiple small parts, each of these parts is closed separately. The EA can interact with other experts. For example, when a certain drawdown is reached, Open Lock can disable the other expert and start working with its orders. Open lock for MetaTrader 5 is available here Methods used by the EA Locking to prevent a drawdown increase Averaging orders used to cover the loss Partial closure to reduce th

Grid Hero is a fully automated EA that uses a revolutionary Grid algorithm (P.A.M.A.) together with a signature synergy of Price Action trading and an Artificial Instinct Self-Adaptive Processing Unit. Grid Hero was strictly developed, tested and optimized using the "Reversed Sampling" development methodology based on "In-Sample" phase (2012 to 2017) and "Out-Of-Sample" phase (2004 to 2011). It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004 t

499.00

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

11 new topics on forum:

and 8 more...

2018.02.10

19 new topics on forum:

and 16 more...

2018.02.10

Bestsellers in the Market:

Monster Harmonic Indicator by Paul Geirnaerdt

79.00

Monster Harmonics Indicator is a harmonic pattern indicator. It recognizes Gartley, Bat, Crab, Butterfly, Cypher, White Swan, Black Swan, Shark and several other patterns. Projected patterns that are not yet completed are recognized, too. Monster even shows the PRZ (Potential Reversal Zone). Users can add their own user defined patterns to Monster. Besides the current pattern, Monster also shows all patterns in the symbols history. Monster will provide alerts for developing patterns. Introduced

VirtualTradePad mt4 Extra by Vladislav Andruschenko

50.00

Trading Panel for trading in 1 click. Working with positions and orders! Trading from the chart or the keyboard. Using our trading panel, you can trade in one click from the chart and perform trading operations 30 times faster than the standard MetaTrader control. Automatic calculations of parameters and functions that make life easier for a trader and help a trader conduct their trading activities much faster and more conveniently. Graphic tips and full information on trade deals on the chart

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

Silver Line EA by Sergey Belov

150.00

An automated Expert Advisor developed for Forex trading. - Expert Advisor is suitable for all types of accounts and with any type of spread. - The number of decimal places in quotes is determined automatically. - The EA does not require stopping during the news releases. - The timeframe of the chart does not matter. This parameter is defined in the settings of the EA. - The EA always uses Take Profit and thus it is less sensitive to the speed of the broker. - The EA have two trailing stop m

Cosmic Diviner Reversal Zone Pro by Olena Kondratenko

49.00

This unique multi-currency strategy simultaneously determines the end of the trend, entry points and the expected take profit levels for each trade. The indicator can determine entry points on any trading period from M1 to D1. For the convenience of users, the indicator renders the entry point (in the form of an arrow), recommended take profit levels (Fast Take Profit, Middle Take Profit, Main Take Profit, Global Take Profit) and the Stop Loss level. The detailed guide on how to use the indicato

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

2018.02.10

2 new signals now available for subscription:

Breakthrough Strategy ICM

2 669% 2529 trades

Growth:	2 668.80	%
Equity:	1 020.83	USD
Balance:	1 020.83	USD

My Track Record 1

1 664% 7895 trades

Growth:	1 663.88	%
Equity:	2 144.47	EUR
Balance:	2 165.00	EUR

2018.02.09

The most downloaded free products:

ZigZag SupportAndResistance MT5 by Nikolay Churbanov

FREE

The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag ind

The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptocu

FREE

Universal Heiken Ashi is an indicator that calculates Heiken Ashi candles with different smoothing methods. Indicator settings Profile - predefined profile: FHA - Fast Heiken Ashi. HA - Standard Heiken Ashi. SHA - Slow Heiken Ashi. Custom - Custom settings. MAType - first smoothing Moving Average type. MAPeriod - period of first Moving Average. UseSecondMovingAverage - using of second Moving Average for smoothing. MAType2 - second Moving Average. MAPeriod2 - period of second Moving Average.

FREE

ZigZag SupportAndResistance by Nikolay Churbanov

FREE

The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag

AverageDailyRange by Nikolay Churbanov

FREE

The Average Daily Range is an indicator for showing support and resistance zones based on the average daily price range of currency. It is necessary to look for the buy signal when the price goes over the resistance level, and for the sell signal when the price goes over the support level. The indicator shows the static and dynamic levels. Static levels are calculated based on the opening price of the day. Dynamic levels are calculated based on the daily Highs and Lows. Indicator Settings ADRP

2018.02.09

Bestsellers in the Market:

Spider Grid mt5 by Mikhail Paramuzov

150.00

This expert is virtually a copy of my expert released for the MetaTrader 4 terminal - Spider Grid . The EA has been tested on the timeframes M15 and higher, smaller timeframes generate too many false signals. The main feature is that the EA does not trade in both directions simultaneously, unlike the MetaTrader 4 version. This is due to the fact that the MetaTrader 5 terminal does not execute orders in both directions on the same chart. But this is not an obstacle, so the Spider Grid MT5 Plus EA

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

Grid Hero is a fully automated EA that uses a revolutionary Grid algorithm (P.A.M.A.) together with a signature synergy of Price Action trading and an Artificial Instinct Self-Adaptive Processing Unit. Grid Hero was strictly developed, tested and optimized using the "Reversed Sampling" development methodology based on "In-Sample" phase (2012 to 2017) and "Out-Of-Sample" phase (2004 to 2011). It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004 t

499.00

SZ Scalper by Evgeniy Machok

175.00

For opening positions, the EA uses support and resistance levels, that are detected by advanced adaptive algorithm A. A.P.L. D. and a certain correlation of some standard indicators. The algorithm allows to detect dynamic levels of support and resistance, that gives the opportunity to respond quickly to changes of market conditions. The EA is equipped with Autorecovery function, that allows to recover drawdowns of trading account. Minimal recommended deposit: - $2000 for 0.01 lot for standa

Double Extremum by ringforex

375.00

This is a mid-term Expert Advisor based on defining two extreme points formed by indicators and comparing them to the price extreme values. Parameters Start_lot – the initial lot size. If the dynamic lot is disabled (risk=0), the lot size of orders is constant. risk – enable the dynamic lot with the specified risk level. MaxOrders_InOneSet - the maximum number of orders in one set. 0 - no control. Allows you to flexibly limit the total number of orders, while allowing all sets to open orders (

2018.02.09

17 new topics on forum:

and 14 more...

2018.02.09

New publications in CodeBase

MACD TEMA MACD TEMA is even a bit more "faster" than MACD DEMA so, depending on the parameters, in scalping mode (short calculating periods) or trending mode (when longer periods are used. Never forget that MACD is primarily a momentum indicator and that it is the main goal of MACD.
MACD DEMA MACD that is using DEMA fo calculation.

2018.02.09

Published article "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.

2018.02.08

The most popular forum topics:

Machine learning in trading: theory, models, practice and algo-trading 47 new comments
Multi-Symbol Tick-event framework. 28 new comments
Interesting and Humour 27 new comments

2018.02.08

15 new topics on forum:

and 12 more...

2018.02.08

There are more than 92 580 topics available on forum

2018.02.08

Bestsellers in the Market:

Belkaglazer EA is a fully automated Expert Advisor for creating diverse long-term trading strategies in different markets: FOREX , FORTS , Crypto , Indices . It is designed for professional algorithmic traders. The EA is based on 4 models with clear logic: PriceChannel , Pivot , PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports Limit / Stop / Marke

19 999.00

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

CAP Zone Recovery EA PRO by MEETALGO LLC

30.00

CAP Zone Recovery EA MT4 is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy". CAP Zone Recovery EA MT4 is extremely easy to use. You just open a trade in a trending market - no matter w

Orders Indicator by Andrey Khatimlianskii

99.00

i-Orders is a simple indicator to monitor your own trade/analyze others' trades. I use it for a long time and do not imagine a chart without these arrows, lines and trade result numbers. The features allow you to: change the size and location of the control buttons ( Control buttons size , Control buttons corner ), disable display of opened and closed positions ( Show OPENED , Show CLOSED , Show PENDING ), change colors of arrows and lines for profitable and loss-making buy and sell positions se

Trade panel for MT4 by Ilshat Sarvarov

50.00

Эта многофункциональная панель предназначена для комфортной и быстрой торговли на финансовых рынках, оснащена функциями открытия, закрытия и сопровождения ордеров и позиций, а также различными информационными и оповещающими функциями. ль минимизируется. Если панель переключения инструментов загораживает график, и в данный момент она не нужна - можно удалить его с графика, для этого нажимаем кнопку 5 . При повторном нажатии, панель снова появиться на графике.

2018.02.08

New publications in CodeBase

Smoothed Kijun-Sen The Kijun-Sen is a major indicator line and component of the Ichimoku Kinko Hyo indicator, also known as the Ichimoku cloud. It is generally used as a metric for medium-term momentum.
CCI alternative Commodity Channel Index (CCI) is a versatile indicator that can be used to identify a new trend or warn of extreme conditions. Donald Lambert originally developed CCI to identify cyclical turns in commodities, but the indicator can be successfully applied to indices, ETFs, stocks, and other securities.

2018.02.07

The most downloaded free products:

ZigZag SupportAndResistance MT5 by Nikolay Churbanov

FREE

The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag ind

HighLow MT5 by Azamat Mullayanov

FREE

The indicator plots two lines by High and Low prices. The lines comply with certain criteria. The blue line is for buy. The red one is for sell. The entry signal - the bar opens above\below the lines. The indicator works on all currency pairs and time frames It can be used either as a ready-made trading system or as an additional signal for a custom trading strategy. There are no input parameters. Like with any signal indicator, it is very difficult to use the product during flat movements. You

The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptocu

FREE

Universal Heiken Ashi is an indicator that calculates Heiken Ashi candles with different smoothing methods. Indicator settings Profile - predefined profile: FHA - Fast Heiken Ashi. HA - Standard Heiken Ashi. SHA - Slow Heiken Ashi. Custom - Custom settings. MAType - first smoothing Moving Average type. MAPeriod - period of first Moving Average. UseSecondMovingAverage - using of second Moving Average for smoothing. MAType2 - second Moving Average. MAPeriod2 - period of second Moving Average.

FREE

Line Alerts by Alexandr Gavrilin

FREE

This product is a line touch indicator - works with trend and horizontal lines. The tool is a good assistant for the traders use various levels in trading. When price approaches a level, the indicator produces a sound alert and (or) notifies in a pop-up message, or via push notifications. It supports horizontal and diagonal lines that are commonly used by traders. The notification includes a symbol name, timeframe, line name and the current price at the moment of touching. Please watch the attac

2018.02.07

Bestsellers in the Market:

PipFinite Trend PRO MT5 by Karlo Wilson Vendiola

98.00

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

Belkaglazer EA is a fully automated Expert Advisor for creating diverse long-term trading strategies in different markets: FOREX , FORTS , Crypto , Indices . It is designed for professional algorithmic traders. The EA is based on 4 models with clear logic: PriceChannel , Pivot , PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports Limit / Stop / Marke

19 999.00

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

Grid Hero is a fully automated EA that uses a revolutionary Grid algorithm (P.A.M.A.) together with a signature synergy of Price Action trading and an Artificial Instinct Self-Adaptive Processing Unit. Grid Hero was strictly developed, tested and optimized using the "Reversed Sampling" development methodology based on "In-Sample" phase (2012 to 2017) and "Out-Of-Sample" phase (2004 to 2011). It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004 t

499.00

Advanced Dashboard for Currency Strength and Speed by Bernhard Schweigert

199.00

Currently 20% OFF ! Best Solution for any Newbie or Expert Trader! This dashboard software is working on 28 currency pairs plus one. It is based on 2 of our main indicators (Advanced Currency Strength 28 and Advanced Currency Impulse). It gives a great overview of the entire Forex market plus Gold or 1 indices. It shows Advanced Currency Strength values, currency speed of movement and signals for 28 Forex pairs in all (9) timeframes. Imagine how your trading will improve when you can watch the e

2018.02.07

23 new topics on forum:

and 20 more...

2018.02.06

The most popular forum topics:

From theory to practice 41 new comments
Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 40 new comments
Errors, bugs, questions 37 new comments

2018.02.06

18 new topics on forum:

and 15 more...

2018.02.06

Bestsellers in the Market:

Belkaglazer EA is a fully automated Expert Advisor for creating diverse long-term trading strategies in different markets: FOREX , FORTS , Crypto , Indices . It is designed for professional algorithmic traders. The EA is based on 4 models with clear logic: PriceChannel , Pivot , PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports Limit / Stop / Marke

19 999.00

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

Grid Hero is a fully automated EA that uses a revolutionary Grid algorithm (P.A.M.A.) together with a signature synergy of Price Action trading and an Artificial Instinct Self-Adaptive Processing Unit. Grid Hero was strictly developed, tested and optimized using the "Reversed Sampling" development methodology based on "In-Sample" phase (2012 to 2017) and "Out-Of-Sample" phase (2004 to 2011). It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004 t

499.00

Slice Of Heaven by Mohamed Mohamed

50.00

Always refer to my blog from HERE , to see latest updates and news on the EA The First EA to be composed of 8 Expert Advisors together with different analytical systems and different approaches for each pair depending on how usually this pair or group of pairs act in relation to levels of support and resistance, breakouts, night trading, trends or different market sentiments and all of the analysis is based on multi time-frames. It's like multi-levels filter as the trade has to pass through many

Apogeum Price Action by Ivan Pochta

750.00

Apogeum Price Action is a fully automated Expert Advisor that features a custom algorithm for recognizing the price action and origination of a trend. System opens trrades only according to the direction of Trend and don't Trade reverse! The system does not use toxic trading methods, such as martingale, averaging of losing positions or scalping (the profit level for each deals is medium-term). It also uses fixed Stop Loss and Take Profit, as well as Trailing Stop mechanism to protect floating pr

2018.02.06

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.

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.

2018.02.06

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.
Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.

2018.02.06

New publications in CodeBase

Volume Rate of Change The Volume Rate of Change indicator (VROC) measures the rate of change in volume over the past "n" sessions. In other words, the VROC measures the current volume by comparing it to the volume "n" periods or sessions ago.
DevStops A variation of Deviation Stops (DevStops) indicator. Some are wrongly calling this version a Kase DevStops (which it is not - Kase DevStops indicator is calculated in a quite different way), but this version has its good points too and can be used in regular support/resistance mode. Additionally each DevStop value is colored according to the slope (trend) of the line - when all are aligned in the same direction, it can be treated as a confirmed trend change.
Kase DevStops Kase DevStops. What all of this boils down to is that we need to take variance and skew into consideration when we are establishing a system for setting stops. Three steps that we can take in order to both better define and to minimize the threshold of uncertainty in setting stops are: 1. Consideration of the variance or the standard deviation of range. 2. Consideration of the skew, or more simply, the amount at which range can spike in the opposite direction of the trend. 3. Reformation of our data to be more consistent (this step is examined in detail in Chapter 81, while minimizing the degree of uncertainty as much as possible).
Smoothed Rate of Change Smoothed Rate of Change (Smoothed-RoC) is a refinement of Rate of Change (RoC) indicator that was developed by Fred G Schutzman. It differs from the RoC in that it based on Exponential Moving Averages (EMAs) rather than on price closes. Like the RoC, Smoothed RoC is a leading Momentum indicator that can be used to determine the strength of a trend by determining if the trend is accelerating or decelerating. The Smoothed RoC does this by comparing the current EMA to value that the EMA was a specified periods ago. The use of EMAs rather than the price close eliminates the erratic tendencies of the RoC.
Percentage Price Oscillator Extended The Percentage Price Oscillator Extended (PPO) is a technical Momentum indicator showing the relationship between two Moving Averages. To calculate the PPO, subtract the 26-day Exponential Moving Average (EMA) from the nine-day EMA, and then divide this difference by the 26-day EMA. The end result is a percentage that tells the trader where the short-term average is relative to the longer-term average.
Percentage Price Oscillator The Percentage Price Oscillator (PPO) is a technical Momentum indicator showing the relationship between two Moving Averages. To calculate the PPO, subtract the 26-day Exponential Moving Average (EMA) from the nine-day EMA, and then divide this difference by the 26-day EMA. The end result is a percentage that tells the trader where the short-term average is relative to the longer-term average.
Woodies CCI Woodies CCI is a momentum indicator that was developed by Ken Woods. It's based on a 14 period Commodity Channel Index (CCI).

2018.02.06

1 new signal now available for subscription:

GerFX NightWalker EA

33% 2497 trades

Growth:	33.09	%
Equity:	328.40	EUR
Balance:	328.40	EUR

2018.02.05

The most downloaded free products:

ZigZag SupportAndResistance MT5 by Nikolay Churbanov

FREE

The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag ind

HighLow MT5 by Azamat Mullayanov

FREE

The indicator plots two lines by High and Low prices. The lines comply with certain criteria. The blue line is for buy. The red one is for sell. The entry signal - the bar opens above\below the lines. The indicator works on all currency pairs and time frames It can be used either as a ready-made trading system or as an additional signal for a custom trading strategy. There are no input parameters. Like with any signal indicator, it is very difficult to use the product during flat movements. You

The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptocu

FREE

Universal Heiken Ashi is an indicator that calculates Heiken Ashi candles with different smoothing methods. Indicator settings Profile - predefined profile: FHA - Fast Heiken Ashi. HA - Standard Heiken Ashi. SHA - Slow Heiken Ashi. Custom - Custom settings. MAType - first smoothing Moving Average type. MAPeriod - period of first Moving Average. UseSecondMovingAverage - using of second Moving Average for smoothing. MAType2 - second Moving Average. MAPeriod2 - period of second Moving Average.

FREE

ZigZag SupportAndResistance by Nikolay Churbanov

FREE

The Zigzag Support And Resistance is an indicator for showing support and resistance zones based on the ZigZag extremums. Indicator Settings PrecalculateBars - the number of bars for the preview; SmoothPercent - smoothing of the levels as a percentage; LiveBars - lifetime of a level in bars; D1Depth - depth of the ZigZag indicator on the D1 chart; H4Depth - depth of the ZigZag indicator on the H4 chart; H1Depth - depth of the ZigZag indicator on the H1 chart; M15Depth - depth of the ZigZag

2018.02.05

20 new topics on forum:

and 17 more...

2018.02.05

There are more than 92 510 topics available on forum

2018.02.05

Bestsellers in the Market:

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

All in One Trade by Alexey Minkov

129.00

GET 10% OFF NOW! The All-in-One Trade Indicator (AOTI) determines daily targets for EURUSD, EURJPY, GBPUSD, USDCHF, EURGBP, EURCAD, EURAUD, AUDJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, AUDUSD, and USDJPY. All other modules work with any trading instruments. The indicator includes various features, such as Double Channel trend direction, Price channel, MA Bands, Fibo levels, Climax Bar detection, and others. The AOTI indicator is based on several trading strategies, and created to simplify market anal

Copier4Fee Advanced by Vladimir Tkach

60.00

The utility copies trades from the signal provider accounts (master accounts, one or multiple providers) to unlimited number of receiver accounts (slave accounts). Attention! Y ou need to use identifiers (Provider number) of the same length if you use several master copiers. For example. 1, 2, 3 or 11, 13, 22. The copying can be set in the opposite direction. The comments with all the recently performed actions are displayed on the screen to monitor the utility actions in slave mode. To avoid p

Belkaglazer EA is a fully automated Expert Advisor for creating diverse long-term trading strategies in different markets: FOREX , FORTS , Crypto , Indices . It is designed for professional algorithmic traders. The EA is based on 4 models with clear logic: PriceChannel , Pivot , PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports Limit / Stop / Marke

19 999.00

Apogeum Price Action by Ivan Pochta

750.00

Apogeum Price Action is a fully automated Expert Advisor that features a custom algorithm for recognizing the price action and origination of a trend. System opens trrades only according to the direction of Trend and don't Trade reverse! The system does not use toxic trading methods, such as martingale, averaging of losing positions or scalping (the profit level for each deals is medium-term). It also uses fixed Stop Loss and Take Profit, as well as Trailing Stop mechanism to protect floating pr

2018.02.04

Most read articles this week

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.

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.

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.

2018.02.04

Most downloaded source codes this week

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.
Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.

2018.02.04

The most popular forum topics:

Machine learning in trading: theory, models, practice and algo-trading 63 new comments
Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 36 new comments
Bitcoin miner 27 new comments

2018.02.04

Bestsellers in the Market:

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

Advanced Scalper by Profalgo Limited

499.00

MORE THAN 4 YEARS OF LIVE TRADE RESULTS ALREADY -> https://www.mql5.com/en/signals/413850 NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Get 1 EA for free! Make sure to check out our " Ultimate EA combo package " in our promo blog !! READ SETUP GUIDE BEFORE RUNNING THE EA !! -> https://www.mql5.com/en/blogs/post/705899 Other Live results : https://www.mql5.com/en/signals/1931084 Advanced Scalper is a professional trading robot that has been in development f

Pure Alpha by Alexander Gerlach

2 999.00

PURE ALPHA is an intelligent Expert Advisor (EA) , which scalps between the end of the New York and the beginning of the Asian Session. By scalping the night session, the aim is to achieve many small, rather overall market neutral profits. The strategy is based on Price Action and a mathematical component using volatility. The order closure is individual, taking into account the current market conditions. Usage of Stop Loss and Take Profit, always ! no martingale, no grid, no hedging! suitable f

Grid Hero is a fully automated EA that uses a revolutionary Grid algorithm (P.A.M.A.) together with a signature synergy of Price Action trading and an Artificial Instinct Self-Adaptive Processing Unit. Grid Hero was strictly developed, tested and optimized using the "Reversed Sampling" development methodology based on "In-Sample" phase (2012 to 2017) and "Out-Of-Sample" phase (2004 to 2011). It has passed 13 years back test of real tick data and real variable spread (with commission) from 2004 t

499.00

FrankoScalp by Konstantin Kulikov

100.00

Congratulations! You have come to the page of the longest running Expert Advisor on the Forex market! For more than 5 years, this expert has been at the hearing and in various tops. On any Forex forums you can find discussion topics for the "FrankoScalp" expert, but only on mql5 you can buy the original updated version of the expert, as well as get in touch with the author and get into the friendly "FrankoScalp" user community. Purchase details When you buy an expert, you get it forever (all

2018.02.04

17 new topics on forum:

and 14 more...

2018.02.03

Bestsellers in the Market:

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

Blahtech Supply Demand by Blahtech Limited

99.00

Was: $299 Now: $99 Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings

Copyist MT4 Universal by Ihar Dubadzelau

10.00

Copyist MT4 Universal is a universal trade copier. it runs as an Expert Advisor in a single file without any additional DLLs. The copier runs both as the provider of trades (master) and the receiver of trades (slave). The EA uses multi-level algorithms, whose main task is to achieve the best possible copy speed. Settings General Mode - Expert Advisor operation mode: Master_Mode - the EA will operate in the Master mode (Source of copied trades) Slave_Mode - the EA will operate in the Slaver mode

Candle Pattern Finder by Pavel Zamoshnikov

30.00

The indicator finds candlestick patterns based on Gregory L.' Morris "Candlestick Charting Explained: Timeless Techniques for Trading Stocks and Futures". If a pattern is detected, the indicator displays a message at a bar closure. If you trade using the MetaTrader 5 terminal, then you can download the full analogue of the " Candle Pattern Finder for MT5 " indicator It recognizes the following patterns: Bullish/Bearish (possible settings in brackets) : Hammer / Shooting Star (with or without con

FutureRainbow by Mohammed Abdulwadud Soubra

30.00

How it works Simply, it is trading a group of Moving Average lines as much as you want. It is trading the Moving Average direction. When all of the Moving Averages are going up then it is a buy signal, as well as the opposite direction would be the sell direction. Parameters/Inputs Lot Type : Selection of two options: Auto or Manual Lot Size. Amount for AUTO Lot : When you select the Lot Type = Auto, the lot size will be calculated on the entered balance that you entered in the EA inputs. Auto

2018.02.03

14 new topics on forum:

and 11 more...

2018.02.02

The most popular forum topics:

Machine learning in trading: theory, models, practice and algo-trading 78 new comments
Errors, bugs, questions 26 new comments
Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 25 new comments

2018.02.02

The most downloaded free products:

The CAP Channel Trading is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptocu

FREE

Universal Heiken Ashi is an indicator that calculates Heiken Ashi candles with different smoothing methods. Indicator settings Profile - predefined profile: FHA - Fast Heiken Ashi. HA - Standard Heiken Ashi. SHA - Slow Heiken Ashi. Custom - Custom settings. MAType - first smoothing Moving Average type. MAPeriod - period of first Moving Average. UseSecondMovingAverage - using of second Moving Average for smoothing. MAType2 - second Moving Average. MAPeriod2 - period of second Moving Average.

FREE

Line Alerts by Alexandr Gavrilin

FREE

This product is a line touch indicator - works with trend and horizontal lines. The tool is a good assistant for the traders use various levels in trading. When price approaches a level, the indicator produces a sound alert and (or) notifies in a pop-up message, or via push notifications. It supports horizontal and diagonal lines that are commonly used by traders. The notification includes a symbol name, timeframe, line name and the current price at the moment of touching. Please watch the attac

XOATRHIST by Ainur Sharipov

FREE

This is one of my first indicators. Slightly improved. The indicator is based on point and figure chart, but their period is equal to ATR indicator values. Parameters: ATRPeriod - ATR period for calculation of steps. XOPips - manual pararmetr, ATR ignoring. Note: The indicator uses closes price, thus it is recommended to consider completed bars. There is a more visual, with the display of lines on the chart and alerts, paid version of XOatrline

AverageDailyRange by Nikolay Churbanov

FREE

The Average Daily Range is an indicator for showing support and resistance zones based on the average daily price range of currency. It is necessary to look for the buy signal when the price goes over the resistance level, and for the sell signal when the price goes over the support level. The indicator shows the static and dynamic levels. Static levels are calculated based on the opening price of the day. Dynamic levels are calculated based on the daily Highs and Lows. Indicator Settings ADRP

2018.02.02

17 new topics on forum:

and 14 more...

2018.02.02

There are more than 92 460 topics available on forum

2018.02.02

Bestsellers in the Market:

Breakthrough Solution For Trend Trading And Filtering With All Important Features Built Inside One Tool! Trend PRO's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. The new features with enhanced rules for statistical calculation improved the overall performance of this indicator. Important Information Revealed Maximize the potential of Trend Pro, please visit www.mql5.com/en/blogs/post/713938 The Powerful Expert Advisor Version Automa

98.00

Pure Alpha by Alexander Gerlach

2 999.00

PURE ALPHA is an intelligent Expert Advisor (EA) , which scalps between the end of the New York and the beginning of the Asian Session. By scalping the night session, the aim is to achieve many small, rather overall market neutral profits. The strategy is based on Price Action and a mathematical component using volatility. The order closure is individual, taking into account the current market conditions. Usage of Stop Loss and Take Profit, always ! no martingale, no grid, no hedging! suitable f

Batman by Hieu Tran Van

30.00

Batman EA is a very simple expert system that works with ZigZag Indicator and using breakout strategy. It only opens trade when market actually breakout. It opens maximum 2 trades (1 buy and 1 sell if one of those does not close). It is very easy to use, does not need any complicated settings, just add it to a chart and it will run like clockwork for you. You can trade or test it on XAUUSD because we created this EA for this pair, but you can also trade or test FX, or any other currency pairs wi

CAP Zone Recovery EA PRO by MEETALGO LLC

30.00

CAP Zone Recovery EA MT4 is your tool to turn losing trades into winning trades by using a smart "back-and-forth" hedging mechanism. Let the price move to anywhere it likes - the awesome CAP Zone Recovery EA will make profits out of the situation. The secret behind this amazing EA is a famous trading algorithm known as "Zone recovery algorithm" or "The Surefire Forex Hedging Strategy". CAP Zone Recovery EA MT4 is extremely easy to use. You just open a trade in a trending market - no matter w

Pennants and triangles scanner by Jan Flodin

30.00

This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher time frames. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the

2018.02.02

There are more than 4 040 products available in Market

2018.02.01

The most popular forum topics:

Any questions from newcomers on MQL4 and MQL5, help and discussion on algorithms and codes 32 new comments
MetaTrader 5 on Intel Xeon Phi 7250 - 272 cores in one computer 30 new comments
Bitcoin miner 28 new comments

2018.02.01

Bestsellers in the Market:

Belkaglazer EA is a fully automated Expert Advisor for creating diverse long-term trading strategies in different markets: FOREX , FORTS , Crypto , Indices . It is designed for professional algorithmic traders. The EA is based on 4 models with clear logic: PriceChannel , Pivot , PriceAction, PRNG ; This is a sophisticated platform that can trade momentum, breakout, counter-trend, mean-reversion, scalping, and other strategies depending on settings or set-files; Supports Limit / Stop / Marke

19 999.00