MQL5.com Wall - Recent advancements in algorithmic/automated trading in MetaTrader 5

2014.06.01

16 new topics on forum:

2014.06.01

Bestsellers in the Market:

TraderDream Advisor by Ramil Minniakhmetov

15.00

The Expert Advisor is based on Trader Dream indicator https://www.mql5.com/en/market/product/2492 Real account monitoring: https://www.mql5.com/en/signals/34001 No initial deposit limitations. The product works on 4 and 5-digit quotes. The trading robot defines flat using two parameters - MaxPriceWidth price range (in points) is set for the last number of bars (NumberOfBars) - and opens a position according to the indicator's signal. You can use the settings offered in Comments section or set

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

Adaptive RSI by Rasoul Mojtahedzadeh

33.00

Relative Strength Index (RSI) is one of the most popular and accurate oscillators widely used by traders to capture overbought and oversold areas of price action. Although the RSI indicator works fine for a period of market, it fails to generate profitable signals when market condition changes, and hence produces wrong signals which results in big losses. Have you ever thought about an adaptive RSI indicator that adapts its period of calculation based on the market conditions? The presented indi

Blue Butterfly by Ramil Minniakhmetov

15.00

Blue Butterfly is an implementation of Gartley Butterfly pattern. This indicator predicts price reversals well enough allowing traders to catch large movements (up to 1 000 pips) with small risks. Indicators for efficient traders cost about $300 and higher, while Blue Butterfly can be purchased at a more attractive price. The red butterfly indicates entering sells given that the price is closed below the rectangle (the so-called "reversal zone"). The blue butterfly indicates entering buys given

SuperScalper by Aurora Minna Kiss

12.00

Scalping strategy indicator only for M1 timeframe, works with any pairs. Whenever you have time to sit down at your PC or laptop, you can get profit during 15-30 minutes with the help of this indicator. Red line means down trend, you need to sell. Blue line means up trend, you need to buy. Note! Before you start a trade process, it is very important to wait out a new signal.

2014.05.31

Bestsellers in the Market:

TraderDreamMT5 by Ramil Minniakhmetov

30.00

The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer. The analyzer can take on values from 0 to 3: the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat. Recommendations on usage: Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Sell signal and the a

Trendometer by Rasoul Mojtahedzadeh

33.00

Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre

DreamCatcher by Vitalie Postolache

30.00

The indicator shows favorable points for entering the market. The indicator can be used for scalping on small timeframes and for long-term trading. Indicator inputs Count bars - bars counted to draw indicator. Optimal value on chart 500..1000. For an EA this value can be reduced to 1, improves testing and optimisation speed Indicator period - bars used for calculations, can be 0 to 100 Deviation, 0..100 - indicator deviation coefficient, 0 to 100 Filter period - filter period in bars, 1 to 50

Binary Signal by Alexander Kuznetsov

999.00

Binary Signal is a highly accurate trend indicator. It allows you to detect the beginning and the end of a trend well in advance. Parameters: MaMethod - Moving Average calculation method, recommended to be set to 1. MaPeriod - Moving Average period, the greater the value, the more accurate the signal; the smaller the value, the more sensitive the signal. BarsBack - number of bars back in history for plotting indicator signals.

Argo 1 2 3 by Alexander Lasygin

15.00

This indicator is intended for identifying the most frequently seen pattern on a price chart - the 1-2-3 pattern. This pattern is displayed in the chart only after it was fully formed, i.e. when the price has broken point #2. It features notifications using alerts or simply using a sound signal. When the price breaks the pivot formed by the indicator, you can hear the signal sound and see the relevant marking made. In addition to the pattern, the indicator displays the pivot and target levels of

2014.05.31

The most popular forum topics:

Interesting and Humour 30 new comments
Humour 26 new comments
The market is a controlled dynamic system. 21 new comments

2014.05.31

14 new topics on forum:

and 11 more...

2014.05.30

22 new topics on forum:

and 19 more...

2014.05.30

7 new products are now available on the Market:

Support and Resistance 5 days MT5 by Leonid Basis

40.00

Support and resistance represent key junctures where the forces of supply and demand meet. On an interesting note, resistance levels can often turn into support areas once they have been breached. This indicator is calculating and drawing 5 pairs of "Support and Resistance" lines as "High and Low" from the current and 4 previous days.

Manual Panel by Hoang Ngoc Thach

30.00

I like trading manually, so I created this tool to make my trade more easier and faster. Features Money management. Click for place order ( Buy/Sell/BuyStop/BuyLimit/SellStop/SellLimit). Many buttons for control your account (Close All, Remove Pendings, Breakeven, Hedging). Auto hide if not use for 2 minutes. See profit on current symbol. Free to move panel to where you want. Save your settings for using on next time. Special: It's work on backtest mode! You can use this for training yourself.

MWC COX by Joerg Hamann

FREE

MWC COX indicator shows the extreme zones of net short/long positions for four periods of time. Default settings are periods of 12, 26, 52 and 156 weeks. Additional Features - Displays the sum of all 4 periods in one line - MA, MOM and RSI indicators are integrated Please make sure that you download the MWC_Demo.zip file and unpack it into [...]/MQL4/Files folder. -> www.myweeklycot.com/teaser-demo

Strongest Level by Igor Semyonov

30.00

Description Strongest Level is an indicator that automatically plots the nearest levels of strongest resistance and support in the main chart based on prices of the current timeframe. Repeated usage of the indicator with various number of bars creates a system of support and resistance! The indicator calculates and plots levels based on number of bars set by the user. It is recommended to set numbers from a golden ratio according to Fibonacci (13, 21, 34, 55, 89, 144, 233, 377, 610 etc.). Users

Support and Resistance 5 days by Leonid Basis

30.00

Support and resistance represent key junctures where the forces of supply and demand meet. On an interesting note, resistance levels can often turn into support areas once they have been breached. This indicator is calculating and drawing 5 pairs of "Support and Resistance" lines as "High and Low" from the current and 4 previous days.

and 2 more...

2014.05.29

The most popular forum topics:

The market is a controlled dynamic system. 44 new comments
Multi Timeframe Indicators 33 new comments
Interesting and Humour 33 new comments

2014.05.29

There are more than 62 600 topics available on forum

2014.05.29

24 new topics on forum:

and 21 more...

2014.05.29

Bestsellers in the Market:

TraderDreamMT5 by Ramil Minniakhmetov

30.00

The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer. The analyzer can take on values from 0 to 3: the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat. Recommendations on usage: Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Sell signal and the a

CloseIfProfitorLoss with Trailing by Vladislav Andruschenko

30.00

Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order) , Calculating and closing for BUY and SELL positions separately (Separate BUY SELL) , Closing and calculating all symbols or the current symbol only (All Symbols) , Enable trailing for profit ( Trailing Profit) Close on total profit and loss on deposit currency, points, % of the balance. The application is designed for use on any account toge

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

PA TRADE by Profalgo Limited

790.00

PA Trade stands for Price Action Trade. I created this EA with one thing in mind: the EA must perform all years with one single setting. And I've done just that. The EA uses price action patterns to select its trades on the daily charts. For me, this EA will be my holy grail of trading. The EA identifies 4 price action patterns to enter trades: inside bars, pinbars, high/low-breakouts and engulfing bars. ALL trades have a stoploss. Half the trades have a fixed takeprofit, the other half uses a t

Trendometer by Rasoul Mojtahedzadeh

33.00

Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre

2014.05.29

2 new products are now available on the Market:

Elliott Wave Tool Lite by Sergio D. Rocha

FREE

This is a reduced version, demo if you like, of the published Elliott Wave Tool 7Pasos . The limitations for this tool vs Elliott Wave Tool 7pasos are the following: Only one account possible, the original tool has 1 principal and 4 alternative accounts. Only one degree (Primary) is available, in the original tool 12 different degrees (6 in micro) are at your disposition. As only one degree is available, the functions to upgrade and downgrade the degree of the selected wave are disabled. Fixed c

Predictor of the MA by Maxim Romanov

30.00

Description I think, almost all traders dream about non-lagging MA. I have realized that dream in my indicator. It allows forecasting future MA values! The indicator can be used in four different ways: The first one - forecast for the desired amount of bars. Thus, you are able to evaluate future price behavior. The second one - generating non-lagging "averages". That can be implemented by moving MA back by the half of the averaging period and setting the forecast the necessary amount of bars ahe

2014.05.29

New publications in CodeBase

Inverted Chart View The indicator shows inverted chart for better short trading.
Sacred Chao - Signals from Trading Chaos, 2nd Edition Yet Another Chaos Indicator.
Bollinger Percent B This is Bollinger Bands %b indicator for MetaTrader 5.
Multi-Currency Indicator with USD reference The indicator is designed to show how the seven major currencies have moved against the US dollar.
CandleColorCounter The indicator counts Bull and Bear candles in Bar_Period bars and calculates percent.
STOPD Levels MTF Plot the STOPD Price Levels based on user specified timeframe.

2014.05.28

28 new topics on forum:

and 25 more...

2014.05.28

Bestsellers in the Market:

TraderDreamMT5 by Ramil Minniakhmetov

30.00

The indicator consists of the two parts – entry system displayed on the chart and currency power analyzer. The analyzer can take on values from 0 to 3: the higher the value, the stronger the currency; the smaller the value, the weaker the currency; average values of the indicator suggest that the currency is in flat. Recommendations on usage: Buy if Trader Dream shows Buy signal and the analyzer shows the currency's strength (the value exceeds 2). Sell if Trader Dream shows Sell signal and the a

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

Virtual Trailing Stop MT4 by Andrey Barinov

10.00

Virtual Multi-currency Trailing Stop. It works exactly as the "regular" Trailing Stop, but it does not send trading orders to change the existing Stop Loss. It only changes Virtual Stop Loss level when the current price reaches Trailing Stop Start pips of profit, securing/"locking" more profit as the price moves in favor of a trade. When the price turns back and becomes equal to the Virtual Stop Loss level, the position is closed at the market price. It allows flexible order filtering and proces

MultiMTCopierMT4Source by Alexander Puzikov

15.00

Does not support openning multiple orders on a single symbol on MT5 MultiMTCopier MT4Source - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 4 terminal, from which the positions will be copied. MultiMTCopier: The EA will copy all positions without delays Additionally integrated notification in situations requiring user attent

PZ Supply Demand by PZ TRADING SLU

99.00

This indicator analyzes past price action to anticipate buying and selling pressure in the market: it does so by looking back into the past and analyzing price peaks and valleys around the current price. It is a state-of-the-art confirmation indicator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Predict buying and selling pressure in the market Avoid getting caught in buying selling frenzies No settings and no optimization needed The indicator works in all timefr

2014.05.28

4 new products are now available on the Market:

Powerplay Trade Manager by Daniel Stein

75.00

You want to become a constantly profitable 5-star forex trader? 1. Read the basic description of our simple trading system & and it's major strategy update in 2020 2. Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat This Trade Manager is the ideal addition for all FX Trend users which like to use a fully automated trade management. It detects your manually opened trades immediately and manages their stops automatically along the FX

Trendometer by Rasoul Mojtahedzadeh

33.00

Identifying the trend of the market is an essential task of traders. Trendometer implements an advanced algorithm to visualize the trend of the market. The major focus of this indicator is to evaluate the market in the lower time frames (i.e., M1, M5 and M15) for the scalping purposes. If you are a scalper looking for a reliable indicator to improve your trade quality, Trendometer is for you. The indicator runs on a separate window showing a histogram of red and green bars. A two consecutive gre

Angulation indicator by Bohdan Kasyanenko

FREE

The indicator draws angulation lines on a chart. These lines can help make decision on whether to enter the market or stay out of it. It is used to filter the signal "The First Wise Man" described in Bill Williams' strategy. Angulation in this indicator is displayed for any bar that is formed after Alligator's mouth is crossed (not only for reversal). Settings: Show angulation lines . Show info - show additional details (angulation degree, calculation points, number of bars). Minimal angle to fi

Guard channel by Alexandr Gershkevich

30.00

This is a semi-automatic Expert Advisor. A user draws a support or a resistance line in the form of a horizontal line or a trendline on a chart. A command in the format of UP|DN_xxxx:yyyy is specified in the line name; the Expert Advisor understands it as a signal to buy or sell setting a stop loss and a take profit. EA settings include a parameter with a lot size and a value for moving stop loss to breakeven. If stop loss = 0, the EA does not use breakeven. If this parameter is greater than zer

2014.05.27

The most popular forum topics:

Multi Timeframe Indicators 29 new comments
The market is a controlled dynamic system. 27 new comments
Eurusd/gbpusd 24 new comments

2014.05.27

Most downloaded source codes this month

Milestone Trade 5min charts mostly EURUSD. Added news filter from Forex Factory and stops. Loads of versions inside. Good luck
SlopeDirectionLine_HTF The SlopeDirectionLine indicator with the timeframe selection option available in input parameters.
Fracture 7.4.0 Trade EURUSD 5 min scalping or similar. Good Luck.

2014.05.27

Most read articles this month

MetaTrader 5 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 MQL5.community forum, where people are seeking a solution for running MetaTrader 5 under Mac OS operating system. In this article, you will find out how to work with MetaTrader 5 via the Apple's popular operating system.

Video tutorial: MetaTrader Signals Service

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this tutorial, you will be able to subscribe to any trading signal, or publish and promote your own signals in our service.

MetaTrader 5 on Linux

Linux is a Unix-like computer operating system assembled under the model of free and open source software development and distribution. Linux systems are widely used in smartphones and server hardware. Many home PC users prefer it to MS Windows series. In this article, you will find out how to work in MetaTrader 5 via one of the Linux versions - Ubuntu.

2014.05.27

There are more than 62 540 topics available on forum

2014.05.27

27 new topics on forum:

and 24 more...

2014.05.27

Bestsellers in the Market:

Trendoscope expert by Anton Gorin

15.00

Trendoscope expert is based on the custom indicator Trendoscope . Entry points are determined using Trendoscope values. Positions are closed when reaching specified profit and loss levels. Input Parameters Period - Period parameter of the indicator Trendoscope; Mode - operation mode of the Expert Advisor (0-5); Stop Loss - loss fixing level in points; Take Profit - profit fixing levels in points; Fixed Lot - fixed lot value; Variable Lot - variable lot as a percentage of the free margin. The s

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

Grid Harvester MT4 by Grzegorz Korycki

99.00

WARNING: Product is out of support! Don't buy it unless you know how it works! Please download free version and test it heavily - it is enough for most uses. MT5 version is highly recommended due to superior back-tester. This EA is famous (or infamous) grid strategy used by social traders. Its goal is to harvest most out of trending market (on automatic mode) taking advantage of corrections in trends. It can be also used by experienced traders on manual trading. This kind of system is being

Divergence Convergence for indicators by Alexander Puzikov

30.00

This indicator builds divergence/convergence for any selected indicator. You can add your own indicator with its custom settings to the code for free. The indicator has two basic line drawing methods (**): Peak search on fractals without waiting the closure of the wave (MODE = each_bar_peak) Wave search for peaks after crossing the "ZERO line" of the indicator (e.g., "zero line" for RSI = 50.0) (MODE = WAVE_bar_peak) Basic settings include 17 standard indicators included in MT4 terminal, to whic

PZ Day Trading by PZ TRADING SLU

299.00

This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It provides suitable SL and TP levels It impl

2014.05.27

New publications in CodeBase

QuotesDemo Example of getting world index quotes from Google Finance.
SignalsDemo The EA shows information on available trading signals' features, allows to manage their copying settings, as well as subscribe to and unsubscribe from signal copying.
QuotesDemo The Expert Advisor shows the current values of World Stock Indices from Google Finance using WebRequest function.
SignalsDemo The Expert Advisor shows the properties of the signals, allows to modify the signal copy settings and subscribe or unsubscribe to the selected trade signal.
XigXag Typical zigzag indicator

2014.05.26

22 new topics on forum:

and 19 more...

2014.05.26

Bestsellers in the Market:

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

Divergence Convergence for indicators by Alexander Puzikov

30.00

This indicator builds divergence/convergence for any selected indicator. You can add your own indicator with its custom settings to the code for free. The indicator has two basic line drawing methods (**): Peak search on fractals without waiting the closure of the wave (MODE = each_bar_peak) Wave search for peaks after crossing the "ZERO line" of the indicator (e.g., "zero line" for RSI = 50.0) (MODE = WAVE_bar_peak) Basic settings include 17 standard indicators included in MT4 terminal, to whic

AlievTM Binary Options Indicator by Aziz Aliev

98.00

AlievTM Sindi is a unique binary options indicator that can help you double and even triple your deposit. It works on any time frame and any currency pair. The indicator has a lot of parameters. So you can choose to trade in a risky or steady moderate mode. It is up to you. Recommendations: Work on M5 chart. Trade EURUSD, GBPUSD or GBPJPY. Use minimum risk.

RoboTick by Alexander Nazymok

30.00

RoboTick is an aggressive math scalper. EA trades M15 period applying a universal strategy appropriate for each symbol. The Expert Advisor is a result of improvements in the earlier trading robot first edition. Improvements involved increasing profitability and reliability in real trading. The Expert Advisor works on all pairs. Editable input parameters. Maximum results are shown when trading two pairs simultaneously - EURUSD and USDCHF. In that case, buy and sell orders are balanced.

ExtraMovingPivots by Stanislav Korotky

30.00

This is an intraday indicator that uses conventional formulae for daily and weekly levels of pivot, resistance and support, but updates them dynamically bar by bar. It answers the question how pivot levels would behave if every bar were considered as the last bar of a day. At every point in time, it takes N latest bars into consideration, where N is either the number of bars in a day (round the clock, i.e. in 24h) or the number of bars in a week - for daily and weekly levels correspondingly. So,

2014.05.26

7 new products are now available on the Market:

Exp Assistant 5 by Vladislav Andruschenko

FREE

AutoSetting stop loss, take profit, trailing stop, breakeven levels, enabling virtual stoploss and takeprofit. Exp Assistant will help you organize maintenance of your positions. This Expert Advisor will set all the necessary stop loss and take profit levels for your positions. All the Expert Advisor operation is managed from the control panel on the chart. If you have open positions, but your Expert Advisor cannot set stop loss, take profit, trailing stop or breakeven, and if you trade manuall

Fibonacci Doppler MT5 by Leonid Basis

30.00

Fibonacci Arcs in the full circles are based on the previous day's candle (High - Low). These arcs intersect the base line at the 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Fibonacci arcs represent areas of potential support and resistance. Reference point - the closing price of the previous day. These circles will stay still all day long until the beginning of the new trading day when the indicator will automatically build a new set of the Fibonacci Arcs.

FHDrawer by Sergio D. Rocha

30.00

Free Hand Drawer is a small app that runs as technical indicator and the only thing that does is that it draws continuous line. To activate it, after adding the indicator to the chart just press the D on your keyboard and click where you want to start drawing. Then every click you make on your chart will be the next nod in your drawing. Use it to draft Elliott waves, or to illustrate ideas on your chart. If you like to draw manually your Gann line you’ll find it handy as well. Each time you want

Fibonacci Doppler by Leonid Basis

30.00

Fibonacci Arcs in the full circles are based on the previous day's candle (High - Low). These arcs intersect the base line at the 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Fibonacci arcs represent areas of potential support and resistance. Reference point - the closing price of the previous day. These circles will stay still all day long until the beginning of the new trading day when the indicator will automatically build a new set of the Fibonacci Arcs.

ReturnAutoScale by Stanislav Korotky

FREE

The indicator calculates running total of linear weighted returns. It transforms rates into integrated and difference-stationary time series with distinctive buy and sell zones. Buy zones are shown in blue, sell zones in red. Parameters: period - number of bars to use for linear weighted calculation; default value - 96; smoothing - period for EMA; default value - 5; mode - an integer value for choosing calculation mode: 0 - long term trading; 1 - medium term trading; 2 - short term trading; defa

and 2 more...

2014.05.25

Most downloaded source codes this week

HighsLowsSignal A semaphore signal indicator determining the moments of a directional price change on several bars, the number of bars is specified in the indicator input parameters.
Exp_AFIRMA The Exp_AFIRMA Expert Advisor is based on the signals of the AFIRMA (Autoregressive Finite Impulse Response Moving Average) indicator.
LOWEST_LOW_VALUE The indicator shows the minimum price for the period fixed in the input parameters of the indicator.

2014.05.25

Most read articles this week

MetaTrader 5 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 MQL5.community forum, where people are seeking a solution for running MetaTrader 5 under Mac OS operating system. In this article, you will find out how to work with MetaTrader 5 via the Apple's popular operating system.

Video tutorial: MetaTrader Signals Service

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our service. By watching this tutorial, you will be able to subscribe to any trading signal, or publish and promote your own signals in our service.

MetaTrader 5 on Linux

Linux is a Unix-like computer operating system assembled under the model of free and open source software development and distribution. Linux systems are widely used in smartphones and server hardware. Many home PC users prefer it to MS Windows series. In this article, you will find out how to work in MetaTrader 5 via one of the Linux versions - Ubuntu.

2014.05.25

There are more than 62 480 topics available on forum

2014.05.25

21 new topics on forum:

and 18 more...

2014.05.25

The most popular forum topics:

Interesting and Humour 27 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 26 new comments
Errors, bugs, questions 25 new comments

2014.05.24

17 new topics on forum:

and 14 more...

2014.05.24

Bestsellers in the Market:

SuperScalper by Aurora Minna Kiss

12.00

Scalping strategy indicator only for M1 timeframe, works with any pairs. Whenever you have time to sit down at your PC or laptop, you can get profit during 15-30 minutes with the help of this indicator. Red line means down trend, you need to sell. Blue line means up trend, you need to buy. Note! Before you start a trade process, it is very important to wait out a new signal.

TraderDream Advisor by Ramil Minniakhmetov

15.00

The Expert Advisor is based on Trader Dream indicator https://www.mql5.com/en/market/product/2492 Real account monitoring: https://www.mql5.com/en/signals/34001 No initial deposit limitations. The product works on 4 and 5-digit quotes. The trading robot defines flat using two parameters - MaxPriceWidth price range (in points) is set for the last number of bars (NumberOfBars) - and opens a position according to the indicator's signal. You can use the settings offered in Comments section or set

Sizer for MT4 by Erik Dahlstrand

10.00

Sizer is a tiny tool to calculate position size based on a fixed money risk and stop loss size. The tool is designed to be minimalistic and not in your way. You can easily hide it until you need it with a single mouse click. Features Calculates position size based on predetermined risk and stop loss (pips). Shows reward to risk ratio (number of R). Can easily be hidden until you need it. Toggle level lines between foreground and background with a single mouse click. Click Reset to set level li

Visual On Chart Lotsize Calculator by Profalgo Limited

10.00

Visual "on chart" Lotsize and Risk/Reward Calculator is an excellent and very easy to use tool for manual traders! No more calculating the lotsize, Risk and Reward on a separate excel-sheet or webpage: Just drag your trade's entry level, stop loss level and take profit level right on your MetaTrader chart and this tool will calculate everything you need to know about the Risk/Reward and lotsize! You can enter 5 different preferred risks (in percentage of your capital) as well as a preferred risk

Artificial Intelligence by Leonid Basis

300.00

The idea behind this EA came from the "Artificial Intelligence" Expert Advisor that was quite popular many years ago. So, you have input parameters X2-X7 for Optimization. Of course, each Symbol and Time Frame will have different parameters. The EA will trade only between "BegHour" and "EndHour". This EA was optimized on EURUSD H1 with Spread = 10.

2014.05.23

Bestsellers in the Market:

Actual COMBO Depth of Market AND Tick Volume Chart by Sergey Andreev

40.00

This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price: Actual Depth of Market Chart Actual Tick Footprint Volume Chart This product combines the power of both indicators and is provided as a single file. The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator! Below is

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

TraderDream Advisor by Ramil Minniakhmetov

15.00

The Expert Advisor is based on Trader Dream indicator https://www.mql5.com/en/market/product/2492 Real account monitoring: https://www.mql5.com/en/signals/34001 No initial deposit limitations. The product works on 4 and 5-digit quotes. The trading robot defines flat using two parameters - MaxPriceWidth price range (in points) is set for the last number of bars (NumberOfBars) - and opens a position according to the indicator's signal. You can use the settings offered in Comments section or set

Crashtrader by Heiko Kendziorra

199.00

CrashTrader sets two stop orders at a specified distance to latest highs and lows in a currency pair at any time. The distance shall be reviewed every minute and corrected if necessary. Once one of the stop orders is achieved by a strong price movement, a position is opened and profit-taking is done by a trailing stop (as shown in the video). CrashTrader can be used in a variety of currency pairs and CFDs with different settings. All parameters can be set independently for buy and sell. Reall

Advanced Trend Detector by Sergey Efimenko

30.00

Indicator with a wide range of customizable parameters to determine the current trend with support and resistance levels. The levels are displayed depending on the current trend direction: if the current trend is directed upwards, then the support level is displayed, if downwards - resistance level. After the current bar is closed, the values are not repaint. It can be used on any timeframe, having previously selected convenient settings for yourself. Opportunities: - 26 methods of smoothing th

2014.05.23

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2014.05.23

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Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 34 new comments
Which broker should I choose? 30 new comments

2014.05.23

2 new products are now available on the Market:

Harmonic Pattern Plus MT5 by Young Ho Seo

98.00

Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality

Harmonic Pattern Plus MT4 by Young Ho Seo

98.00

Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality

2014.05.23

New publications in CodeBase

EA based on indicator SAR, ADX and SMA 100 This EA is based on SMA, ADX and SAR indicators.
Fast FrAMA Fast FrAMA, in contrast to the version from MQL5 suite, has more wide applied price constant choose and, what's the main difference, calculation speed is increased by a factor of 30 to 100.
Straddle Orders Around Current Price Level A script to place straddle orders around current price level to catch price spikes around announcements.
Dynamic Auto Resistance Support This technical indicator detects constant price zones and draws resistance and support lines.
Advanced ADX Advanced ADX indicator.
Horizontal line for max/min prices of the last 2 years Example code on how to draw an horizontal line for maximum and minimum prices of the last 2 years.
Step Up and Down Forex Indicator Step Up and Down Forex Indicator draws the price direction movement with single arrow Up or Down on the trading chart.
DailyLines DailyLines Vertical lines starting new Day with above name of the DAY. Period Separators with options to choose different styles.

2014.05.23

There are more than 4 000 codes published in Codebase

2014.05.22

Bestsellers in the Market:

Ticks Thermometer by Jinsong Zhang

30.00

Some trading strategies are suitable for the quiet market with less volatility, while others are suitable for the volatile and violent market. Either way, traders should have a clear measure of how hot or cold the market is. This product is convenient for traders to compare the degree of cold heat of different trading varieties, or the trading heat of the same trading variety in different time periods. You can put it on different charts to get the intuition. It's easy to see which is more hot an

FourAverage by Mikhail Sergeev

10.00

FourAverage: A Breakthrough in Trend Identification With evolving information technology and increasing number of market participants, financial markets get less and less analyzable using good old indicators. Common technical analysis tools, such as Moving Average or Stochastic alone, are not capable of identifying the trend direction or reversal. Can a single indicator show the right direction of the future price, without changing its parameters over 14 years' history, while at the same time re

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

Divergence Convergence for indicators by Alexander Puzikov

30.00

This indicator builds divergence/convergence for any selected indicator. You can add your own indicator with its custom settings to the code for free. The indicator has two basic line drawing methods (**): Peak search on fractals without waiting the closure of the wave (MODE = each_bar_peak) Wave search for peaks after crossing the "ZERO line" of the indicator (e.g., "zero line" for RSI = 50.0) (MODE = WAVE_bar_peak) Basic settings include 17 standard indicators included in MT4 terminal, to whic

Blue Butterfly by Ramil Minniakhmetov

15.00

Blue Butterfly is an implementation of Gartley Butterfly pattern. This indicator predicts price reversals well enough allowing traders to catch large movements (up to 1 000 pips) with small risks. Indicators for efficient traders cost about $300 and higher, while Blue Butterfly can be purchased at a more attractive price. The red butterfly indicates entering sells given that the price is closed below the rectangle (the so-called "reversal zone"). The blue butterfly indicates entering buys given

2014.05.22

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Which broker should I choose? 31 new comments
Blog FAQ 29 new comments

2014.05.22

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2014.05.22

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2014.05.22

6 new products are now available on the Market:

PZ Day Trading MT5 by PZ TRADING SLU

299.00

This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl

PZ Day Trading by PZ TRADING SLU

299.00

This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It provides suitable SL and TP levels It impl

Lineverse Trendlines by Arkady Segal

FREE

Automatic, live & interactive picture of all trendlines. Assign push, email and sound alerts to the lines of your choice to be informed about price rollback, breakout, rollback after breakout, number of rollbacks, line expiration by double breakout. Correct, drag or delete the lines and interactively tune the line system. https://youtu.be/EJUo9pYiHFA . Chart examples https: //www.mql5.com/en/users/efficientforex Price Interaction Events All events are effective immediately and only after one

Adaptive RSI by Rasoul Mojtahedzadeh

33.00

Relative Strength Index (RSI) is one of the most popular and accurate oscillators widely used by traders to capture overbought and oversold areas of price action. Although the RSI indicator works fine for a period of market, it fails to generate profitable signals when market condition changes, and hence produces wrong signals which results in big losses. Have you ever thought about an adaptive RSI indicator that adapts its period of calculation based on the market conditions? The presented indi

Abuza 4 by Andrej Nikitin

70.00

Description Abuza 4 is an intraday trading system making profit during the price rollback. The Expert Advisor has been optimized for working on EURUSD. However, it can successfully work with other currency pairs as well. Martingale can be enabled, but you should be extremely careful (take profit often and at a proper time!). You can examine the Expert Advisor's trading statistics for different brokers and symbols in the MetaTrader 4 Trading Signals sections. Parameters Risk management: enter vol

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2014.05.21

29 new topics on forum:

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2014.05.21

Bestsellers in the Market:

TraderDream Advisor for MT5 by Ramil Minniakhmetov

15.00

The Expert Advisor is based on TraderDream MT5 . No initial deposit limitations. The product works on 4 and 5-digit quotes. The trading robot defines flat using two parameters - MaxPriceWidth price range (in points) is set for the last number of bars (NumberOfBars) - and opens a position according to the indicator's signal. You can use the settings offered in Comments section or set your own ones. Input Parameters Pips Multiplier - use 1 if you work with 4-digit quotes or 10 in case of 5-d

Razgonyaika Depozit by Ramil Minniakhmetov

30.00

This Expert Advisor is meant to work both with small and large deposits. This depends on your starting lot. The EA uses Blue Butterfly indicator. It works with AUDUSD, NZDUSD M15. General Recommendations Use StartLots=0.01 per each 500-1 000 currency units Use different magic numbers to trade several currency pairs simultaneously Real account monitoring as well as my other products can be found at https://www.mql5.com/en/users/mechanic/seller Input Parameters The Expert Advisor works both wi

PZ Support Resistance by PZ TRADING SLU

149.00

Tired of plotting support and resistance lines? This is a multi-timeframe indicator that detects and plots supports and resistance lines in the chart with the same precision as a human eye would. As price levels are tested over time and its importance increases, the lines become thicker and darker, making price leves easy to glance and evaluate. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Boost your technical analysis Customizable timeframe selection Read pri

TraderDream Advisor by Ramil Minniakhmetov

15.00

The Expert Advisor is based on Trader Dream indicator https://www.mql5.com/en/market/product/2492 Real account monitoring: https://www.mql5.com/en/signals/34001 No initial deposit limitations. The product works on 4 and 5-digit quotes. The trading robot defines flat using two parameters - MaxPriceWidth price range (in points) is set for the last number of bars (NumberOfBars) - and opens a position according to the indicator's signal. You can use the settings offered in Comments section or set

MultiMTCopierMT4Source by Alexander Puzikov

15.00

Does not support openning multiple orders on a single symbol on MT5 MultiMTCopier MT4Source - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 4 terminal, from which the positions will be copied. MultiMTCopier: The EA will copy all positions without delays Additionally integrated notification in situations requiring user attent

2014.05.21

4 new products are now available on the Market:

Auto Trade Driver by Vu Trung Kien

99.00

Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules. This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time. With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy you

MT4 Squeeze detector PRO by Grzegorz Korycki

35.00

What is Squeeze? A contraction of the Bollinger Bands inside the Keltner Channel reflects a market taking a break and consolidating, and is usually seen as a potential leading indicator of subsequent directional movement or large oscillation movement. When Bollinger bands leave Keltner Channel it means markets switching from a low volatility to high volatility and high volatility are something all traders are looking for. What I was missing in some indicators is possibility of monitoring many ti

MT4 Squeeze detector by Grzegorz Korycki

30.00

UPDATE: I apologize for increasing the price from 15$ to 30$, but that was required by MetaQuotes during the version update. The old compilation from 2015 stopped working due to incompatibility with a new terminal. What is Squeeze? A contraction of the Bollinger Bands inside the Keltner Channel reflects a market taking a break and consolidating, and is usually seen as a potential leading indicator of subsequent directional movement or large oscillation movement. When Bollinger bands leave Keltn

Year2Year by Stanislav Korotky

FREE

This indicator shows price changes for the same days in past years. D1 timeframe is required. This is a predictor indicator that finds D1 bars for the same days in past 8 years and shows their relative price changes on the current chart. Parameters: LookForward - number of days (bars) to show "future" price changes; default is 5; Offset - number of days (bars) to shift back in history; default is 0; ShowAverage - mode switch; true - show mean value for all 8 years and deviation bounds; false - s

2014.05.21

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ADX Plus by Andrey Egorov

FREE

The indicator presents a new way of early trend detection using the popular ADX indicator methods. The new system adapts to the market and eliminates additional conditions. To generate a signal when using the standard ADX indicator, the ADX line should cross some level - 20, 22, 26, etc. However, it is very difficult to select such a level not only for different symbols but also for different timeframes on the same chart which makes ADX practically useless. The solution has turned out to be simp

2014.05.21

New publications in CodeBase

Channel Trailing The EA for trailing along a price channel.
Heatmaps, color gradients and scales in MQL5 The purpose of the present code is to demonstrate how easy it is to create color scales, color gradients and heatmaps with the MQL5 language and functions.
Heatmap, Gradient and Scale representation of symbols The purpose of the present code is to demonstrate how easy it is to create color scales, color gradients and heatmaps with the MQL4 language and functions.

2014.05.20

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