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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.

Published article "Connection of Expert Advisor with ICQ in MQL5".

Connection of Expert Advisor with ICQ in MQL5

This article describes the method of information exchange between the Expert Advisor and ICQ users, several examples are presented. The provided material will be interesting for those, who wish to receive trading information remotely from a client terminal, through an ICQ client in their mobile phone or PDA.

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Published article "The Magic of Filtration".

The Magic of Filtration

Most of the automated trading systems developers use some form of trading signals filtration. In this article, we explore the creation and implementation of bandpass and discrete filters for Expert Advisors, to improve the characteristics of the automated trading system.

Published article "New Opportunities with MetaTrader 5".

New Opportunities with MetaTrader 5

MetaTrader 4 gained its popularity with traders from all over the world, and it seemed like nothing more could be wished for. With its high processing speed, stability, wide array of possibilities for writing indicators, Expert Advisors, and informatory-trading systems, and the ability to chose from over a hundred different brokers, - the terminal greatly distinguished itself from the rest. But time doesn’t stand still, and we find ourselves facing a choice of MetaTrade 4 or MetaTrade 5. In this article, we will describe the main differences of the 5th generation terminal from our current favor.

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Published article "The Algorithm of Ticks' Generation within the Strategy Tester of the MetaTrader 5 Terminal".

The Algorithm of Ticks' Generation within the Strategy Tester of the MetaTrader 5 Terminal

MetaTrader 5 allows us to simulate automatic trading, within an embedded strategy tester, by using Expert Advisors and the MQL5 language. This type of simulation is called testing of Expert Advisors, and can be implemented using multithreaded optimization, as well as simultaneously on a number of instruments. In order to provide a thorough testing, a generation of ticks based on the available minute history, needs to be performed. This article provides a detailed description of the algorithm, by which the ticks are generated for the historical testing in the MetaTrader 5 client terminal.

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New publications in CodeBase

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New publications in CodeBase

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Published article "OOP in MQL5 by Example: Processing Warning and Error Codes".

OOP in MQL5 by Example: Processing Warning and Error Codes

The article describes an example of creating a class for working with the trade server return codes and all the errors that occur during the MQL-program run. Read the article, and you will learn how to work with classes and objects in MQL5. At the same time, this is a convenient tool for handling errors; and you can further change this tool according to your specific needs.

Published article "MQL for "Dummies": How to Design and Construct Object Classes".

MQL for "Dummies": How to Design and Construct Object Classes

By creating a sample program of visual design, we demonstrate how to design and construct classes in MQL5. The article is written for beginner programmers, who are working on MT5 applications. We propose a simple and easy grasping technology for creating classes, without the need to deeply immerse into the theory of object-oriented programming.

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There are more than 200 articles published on site

Published article "Creating Active Control Panels in MQL5 for Trading".

Creating Active Control Panels in MQL5 for Trading

The article covers the problem of development of active control panels in MQL5. Interface elements are managed by the event handling mechanism. Besides, the option of a flexible setup of control elements properties is available. The active control panel allows working with positions, as well setting, modifying and deleting market and pending orders.

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New publications in CodeBase

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New publications in CodeBase

  • Rabbit The Rabbit indicator plots the true support/resistance levels for any currency pair.
  • Avg_02b Calculating the difference between the High and Low price to see the price range for every hour.

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New publications in CodeBase

  • Setka (grid) The purpose of this grid is to replace the standard grid with more convenient, it allows to determine many important points on the chart, the properties of the price movement and checkinh the quotes quality (for the presence of holes).
  • HAS EA NEW Based on the HAS indicator.

Published article "Practical Application Of Databases For Markets Analysis".

Practical Application Of Databases For Markets Analysis

Working with data has become the main task for modern software - both for standalone and network applications. To solve this problem a specialized software were created. These are Database Management Systems (DBMS), that can structure, systematize and organize data for their computer storage and processing. As for trading, the most of analysts don't use databases in their work. But there are tasks, where such a solution would have to be handy. This article provides an example of indicators, that can save and load data from databases both with client-server and file-server architectures.

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New publications in CodeBase

  • Variations of the Hurst Exponent over time This indicator displays the variations of the Hurst Exponent which are seen as a predictor of the variations of volatility, therefore giving an indication on when to enter the market.
  • Script opening orders Script opening orders with specified Magic Number
  • Wavy Dash Indicator Indicator draw green and red lines similar to wavy dash. Green is a buy signal, red is a sell signal.

Published article "Migrating from MQL4 to MQL5".

Migrating from MQL4 to MQL5

This article is a quick guide to MQL4 language functions, it will help you to migrate your programs from MQL4 to MQL5. For each MQL4 function (except trading functions) the description and MQL5 implementation are presented, it allows you to reduce the conversion time significantly. For convenience, the MQL4 functions are divided into groups, similar to MQL4 Reference.

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