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

2013.08.03

The most popular forum topics:

What's new in MetaTrader 4 and MQL4 - big changes on the way 48 new comments
Interesting and Humour 48 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 31 new comments

2013.08.03

24 new topics on forum:

and 21 more...

2013.08.02

The most popular forum topics:

What's new in MetaTrader 4 and MQL4 - big changes on the way 74 new comments
Econometrics: State-space model forecasting 61 new comments
Interesting topic for many: what's new in MetaTrader 4 and MQL4 - big changes on the way 59 new comments

2013.08.02

30 new topics on forum:

and 27 more...

2013.08.02

The most downloaded free products:

Historical Memory by Marat Sultanov

FREE

Indicator-forecaster. Very useful as an assistant, acts as a key point to forecast the future price movement. The forecast is made using the method of searching the most similar part in the history (pattern). The indicator is drawn as a line that shows the result of change of the close price of bars. The depth of history, the number of bars in the forecast, the patter size and the quality of search can be adjusted via the indicator settings. Settings: PATTERN_Accuracy_ - quality of the search.

2013.08.02

New publications in CodeBase

DeMarker_HTF DeMark's oscillator with an option of setting a fixed timeframe for the calculation of the indicator in the input parameters.
Demo_IndicatorSetString An example of how to use the IndicatorSetString() function. A simple indicator that shows how to create a label, e.g. "Overbought level" for each level.
Simple Hedge Panel A panel for opening and closing positions on several financial symbols in one click.

2013.08.02

Published article "Building an Automatic News Trader".

This is the continuation of Another MQL5 OOP class article which showed you how to build a simple OO EA from scratch and gave you some tips on object-oriented programming. Today I am showing you the technical basics needed to develop an EA able to trade the news. My goal is to keep on giving you ideas about OOP and also cover a new topic in this series of articles, working with the file system.

2013.08.02

Bestsellers in the Market:

Bobra Stable by Arnold Bobrinskii

1 400.00

This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Stable Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number

EasyPen by Karlis Balcers

10.00

EasyPen is designed as beautiful and innovative way to create and manage all your chart analysis, scribbles, notes and more. The app takes advantage of new MQL5 technology to offer an experience unseen in the other apps or in older MQL versions. An App That Changes Everything There is no existing drawing app that allows the level of customization that EasyPen offers. Change color of your pen, choose brush size, save drawings, keep drawings attached to specific position in chart, and more. With o

2013.08.02

Published article "How Reliable is Night Trading?".

The article covers the peculiarities of night flat trading on cross currency pairs. It explains where you can expect profits and why great losses are not unlikely. The article also features an example of the Expert Advisor developed for night trading and talks about the practical application of this strategy.

2013.08.01

The most popular forum topics:

What's new in MetaTrader 4 and MQL4 - big changes on the way 84 new comments
Interesting and Humour 66 new comments
Closing out half lots. 43 new comments

2013.08.01

31 new topics on forum:

and 28 more...

2013.07.31

18 new topics on forum:

and 15 more...

2013.07.31

New publications in CodeBase

Demo_IndicatorSetInteger An example of the IndicatorSetInteger() function. A simple indicator that shows how to create a label, e.g. "Overbought level" for each horizontal level.
Gann_Hi-lo_Activator_SSL A simple indicator, a good one for MQL5 beginners
PinBar An indicator of pin bars, to be used as a built-in indicator in Expert Advisors. Shows levels specified by the pattern for the open price and stop-loss.

2013.07.31

Bestsellers in the Market:

VIP Scalper by Vyacheslav Scherbak

100.00

This scalper indicator shows the moments, when you can safely earn 10 point profit with risk only 2 points. It allows greatly increase the deposit during the day, if properly money management used. The indicator has only one input parameter - number of bars, used for the calculation of trend. When the signal appeared, place pending order at the price, 2 points higher than the current price (for buy) or 2 points lower current price for sell. Stop Loss - 2-3 points; Take Profit - from 10 ponts; R

Ilan by Andrey Khatimlianskii

199.00

Ilan for MetaTrader 5 Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible. This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5. Expert Advisor Settings The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools: Unique MagicNumber for identification of trades; Trade direction option ( Trade direction ): buy on

Equity ProfitLoss Control by Elena Alexandrova

10.00

Equity ProfitLoss Control is an Expert Advisor that controls equity considering the initial balance. The Expert Advisor closes all positions when an equity value specified in percentage or deposit currency is reached. Equity is calculated as a difference between the current equity and the initial balance fixed when there are no positions or the balance at the very first start of the Expert Advisor. There are notification functions: Alert, Mail, Sound, Mobile, display of information (the current

TradeCopier source by Jinsong Zhang

58.00

If you want something as below: Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading. "TradeCopier_source" and "TradeCopier_follow" can help you! Features: Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, eurusd_m, etc.). Can c

Time IV by IvanIvanov

25.00

The new product Time IV (2013) is an updated version of Time III introduced earlier in the Market. The indicator displays the work time of world marketplaces in a separate window in a convenient way. The indicator is based on the TIME II (VBO) indicator rewritten in MQL5 from a scratch by fyords . The new version Time IV is a higher quality level product. Comparing to Time III it consumes less resources and has optimized code. The indicator works on Н1 and lower timeframes. At the moment, the pr

2013.07.31

There are more than 480 articles published on site

2013.07.31

Published article "MQL5 Cookbook: Writing the History of Deals to a File and Creating Balance Charts for Each Symbol in Excel".

When communicating in various forums, I often used examples of my test results displayed as screenshots of Microsoft Excel charts. I have many times been asked to explain how such charts can be created. Finally, I now have some time to explain it all in this article.

2013.07.31

2 new products are now available on the Market:

Trade Magic by Viktor Mossekhin

30.00

Another script for opening orders and positions that features the possibility to set a comment and a magic number. Parameters: Magic - magic number. Comment - comment for an order or position. OrdType - type of the order or position (Buy, Sell, BuyLimit, SellLimit, BuyStop, SellStop, BuyStopLimit, SellStopLimit). Lot - request volume of the order. Price - price at which the order should be executed. LimitPrice - price that will be used for a Stop Limit order. SL - Stop Loss price (loss control

SignalFinder One Timeframe by Dmitriy Parfenovich

30.00

SignalFinder One Timeframe is a multicurrency indicator similar to SignalFinder . On a single chart it displays trend direction on the currently select timeframe of several currency pairs. The trend direction is displayed on specified bars. Main Features: The indicator is installed on a single chart. The trend is detected on a selected bar. This version is optimized to decrease the resource consumption. Intuitive and simple interface. Input Parameters: Symbols - currency pairs (duplicates are de

2013.07.30

31 new topics on forum:

and 28 more...

2013.07.30

The most popular forum topics:

Econometrics: State-space model forecasting 89 new comments
Market patterns 29 new comments
Championship all? :) 25 new comments

2013.07.30

New publications in CodeBase

ATRStops_v1_HTF A trend indicator implemented in the form of NRTR. Timeframe is specified in the input parameters of the indicator.
Volatility2 A simple indicator that calculates only the volatility of a financial asset
ATRStops_v1 A trend indicator implemented in the form of NRTR

2013.07.29

23 new topics on forum:

and 20 more...

2013.07.29

The most popular forum topics:

Interesting and Humour 64 new comments
What's new in MetaTrader 4 and MQL4 - big changes on the way 39 new comments
Championship all? :) 30 new comments

2013.07.29

New publications in CodeBase

Change To Range Ratio The Change To Range Ratio indicator is used for closing short-term positions and/or for filtering entry points.
MTF_MACD_Bars A semaphore signal indicator showing the MACD histogram calculated on the timeframe specified in the input parameters
Tro_Range A simple volatility meter which displays sizes of candlesticks in a separate subwindow

2013.07.29

Bestsellers in the Market:

Currencies Strength by Jinsong Zhang

30.00

This indicator is used to compare the relative strength of the trade on the chart against the other several selected symbols. By comparing the price movement of each traded variety based on the same base day, several trend lines of different directions can be seen, reflecting the strong and weak relationship between the several different traded varieties, so that we can have a clearer understanding of the market trend. For example, you can apply this indicator on a EurUSD chart and compare it

Magnifier by Serhii Shevchuk

10.00

The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi

Support Vector Machine Learning Tool by Josh Readhead

20.00

This is an easy-to-use tool for implementing Support Vector Machine Learning in your Expert Advisors, Indicators and other MetaTrader 5 projects. Until now, the use of support vector machine classification has been limited only by advanced coders via external java and c++ dll libraries. This tool has been developed using only the standard MetaTrader 5 tools and provides advanced support vector machine functionality using a very simple interface. Please note: this product is not an Expert Advisor

Center of Gravity Indicator by Camille Huot

10.00

What is Center of Gravity? The Center of Gravity indicator allows you to get an instantly strong sentiment of where any market is going. It works with any kind of market: Forex, Stocks, Metals... The extreme ease of reading is the real power of this indicator. The basics behind Center of Gravity is a physics law: barycentre. When the market price deviates strongly from this centre of gravity, the probability is considered high that the market price will evolve back towards the centre of gravity.

Scalper Pad by Vladislav Andruschenko

10.00

Scalper Pad Scalper Pad panel is designed for scalping and has only the basic commands for scalping: BUY, SELL, CLOSE, REVERSE, and the choice of LOTS. Others versions: VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyle VirtualTradePad "One Click Trading Panel" Important Features When a position is successfully opened, you will hear a sound similar to the same action in the terminal; If there is an error, you will hear the error sound; On the the BUY and SEL

2013.07.28

17 new topics on forum:

and 14 more...

2013.07.27

The most popular forum topics:

Interesting and Humour 65 new comments
What's new in MetaTrader 4 and MQL4 - big changes on the way 50 new comments
New Members introduction 42 new comments

2013.07.27

Bestsellers in the Market:

Easy Order by Tino Tkalec

10.00

Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences. You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advisor. T

Ilan by Andrey Khatimlianskii

199.00

Ilan for MetaTrader 5 Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible. This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5. Expert Advisor Settings The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools: Unique MagicNumber for identification of trades; Trade direction option ( Trade direction ): buy on

Bobra Adept by Arnold Bobrinskii

900.00

This is a half scalping system that analyzes the market using a transmission function. The system can be scalping or not depending on the "takeprofit" and "stoploss" parameters. This Expert Advisor is intended for trading on EURUSD,GBPUSD,EURCHF,EURAUD however it can work on other currency pairs. You should use timeframe M1 for trading. Parameters Bobra Adept Mode_trade (Market_Oders) - type of order placed. type_order (ORDER_FILLING_FOK) - type of order filling. Magic (123) - magic number. Us

Elder Impulse System by Financial Trading Seminars Inc.

39.00

The Impulse System was first described in "Come into my Trading Room" book. It uses the direction of both the MACD-Histogram and an exponential moving average (EMA) of price to define an impulse. The rule is never to trade against the impulse. Its color code gives you several signals: When both the EMA and MACD-Histogram are rising, the Impulse system colors the bar color is green (no shorting permitted). When both the EMA and MACD-Histogram are falling, the Impulse system colors the bar color i

2013.07.27

13 new topics on forum:

and 10 more...

2013.07.26

29 new topics on forum:

and 26 more...

2013.07.25

19 new topics on forum:

and 16 more...

2013.07.25

The most popular forum topics:

Structure rules. Learning how to structure programmes, exploring possibilities, errors, solutions, etc. 50 new comments
Interesting topic for many: what's new in MetaTrader 4 and MQL4 - big changes on the way 35 new comments
Interesting and Humour 35 new comments

2013.07.25

New publications in CodeBase

Stochastic Fan A fan of Stochastic indicators, the period of which is defined by one of four types of progressions
ang_AZad_Css The trend indicator drawn in the form of a colored cloud
RSI Fan A fan of RSI indicators, the period of which is defined by one of the four progressions

2013.07.25

Bestsellers in the Market:

Ilan by Andrey Khatimlianskii

199.00

Ilan for MetaTrader 5 Due to using the virtual trades, trading in both directions (buy and sell) simultaneously became possible. This allows users to adapt the popular strategy for the net accounting of positions applied by MetaTrader 5. Expert Advisor Settings The Expert Advisor setup is simple. However, all the important settings of the strategy are available for adjusting. Available tools: Unique MagicNumber for identification of trades; Trade direction option ( Trade direction ): buy on

TradeCopier source by Jinsong Zhang

58.00

If you want something as below: Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading. "TradeCopier_source" and "TradeCopier_follow" can help you! Features: Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, eurusd_m, etc.). Can c

Welcome Delta Minimum by Achmad Hidayat

150.00

Welcome Delta Minimum is a multi-currency Expert Advisor that uses a unique strategy based on the Stochastic Oscillator indicator. Trading Strategy: Welcome Delta Minimum Expert Advisor trades on 2 currency pairs (EURUSD and GBPUSD) that can be selected in the parameters. First and additional positions are opened using a unique strategy based on the Stochastic Oscillator indicator. Positions are closed by Take Profit and Stop Loss with additional trailing stop feature. The money management is ba

Swing by Jeremy Scott

1 250.00

Swing Introduction Swing is a beautiful and automatically adaptive EA. Please test the default settings of Swing on "All symbols in Market Watch" with any broker. Then go find other EA’s that claim to be auto-adaptive and test their default settings on “All symbols in Market Watch” with any broker to test and prove Swing’s ability for yourself. Don’t just take my word for it. Please fully explore this wonderful trading system! Most Swing settings congregate around a similar profitability level i

2013.07.24

The most popular forum topics:

Interesting and Humour 78 new comments
What's new in MetaTrader 4 and MQL4 - big changes on the way 71 new comments
Using neural networks in trading 69 new comments

2013.07.24

26 new topics on forum:

and 23 more...

2013.07.24

Bestsellers in the Market:

Swing by Jeremy Scott

1 250.00

Swing Introduction Swing is a beautiful and automatically adaptive EA. Please test the default settings of Swing on "All symbols in Market Watch" with any broker. Then go find other EA’s that claim to be auto-adaptive and test their default settings on “All symbols in Market Watch” with any broker to test and prove Swing’s ability for yourself. Don’t just take my word for it. Please fully explore this wonderful trading system! Most Swing settings congregate around a similar profitability level i

ROMAN5 Time Breakout EA by Anton Nel

49.00

ROMAN5 Time Breakout EA with Advanced TrailingStop includes the BreakEven feature. It automatically draws the boxes for daily support and resistance breakouts. When the price is below the support line, it is a sell signal; and when the price is above the resistance line, it is a buy signal. Advanced TrailingStop comes with 6 indicators: Fractals, Parabolic SAR, Bollinger Bands, Heiken Ashi, Moving Average and a combination of Fractals+Parabolic SAR. Advanced TrailingStop automatically moves the

VIP Scalper by Vyacheslav Scherbak

100.00

This scalper indicator shows the moments, when you can safely earn 10 point profit with risk only 2 points. It allows greatly increase the deposit during the day, if properly money management used. The indicator has only one input parameter - number of bars, used for the calculation of trend. When the signal appeared, place pending order at the price, 2 points higher than the current price (for buy) or 2 points lower current price for sell. Stop Loss - 2-3 points; Take Profit - from 10 ponts; R

Reverse Trades Copier Source by Jinsong Zhang

32.00

Reverse TradeCopier Follow can copy trades from an account that is running Reverse TradeCopier Source. Features: Copies trades from one source (master) account to multiple following (slave) accounts. Allows investor (read only) password for source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different brokers. Works with different quotes symbols (EURUSD_FX, eurusd_m, etc.). Can copy orders from 4-digit quotes platform to 5-digit quotes

Ilan trailing by Denis Kolomensky

11.00

Ilan trailing for MetaTrader 5 Determines the direction of trading according to candlestick patterns. Settings: Initial volume. Lot increasing exponent. Density of averaging (step of bends opening). Maximum amount of averaging (the maximum number of bends). Take Profit in points. Selecting the volume accuracy (number of digits after a decimal point in the volume). Magic number of the Expert Advisor. Slippage. Trailing Stop. Maximum possible loss as a percentage of the deposit.

2013.07.23

27 new topics on forum:

and 24 more...

2013.07.23

New publications in CodeBase

MA Fan A fan of MA indicators, the period of which is defined by one of four types of progressions
SR_TLB An interpretation of Stieve Nisson's 'Three Line Break' strategy
Damiani_volatmeter The volatility meter with the indication in the form of a colored cloud
MQL4 to MQL5 compatibility library Version 1.2 - MQL5\Include\mql4compat.mqh

2013.07.23

There are more than 3 530 codes published in Codebase

2013.07.23

Published article "Money Management Revisited".

The article deals with some issues arising when traders apply various money management systems to Forex trading. Experimental data obtained from performing trading deals using different money management (MM) methods is also described.

2013.07.22

The most popular forum topics:

Structure rules. Learning how to structure programmes, exploring possibilities, errors, solutions, etc. 59 new comments
Errors, bugs, questions 41 new comments
Interesting and Humour 36 new comments

2013.07.22

18 new topics on forum:

and 15 more...

2013.07.22

Bestsellers in the Market:

Quantum frequency by Sergey Pavlov

850.00

Quantum frequency The indicator calculates the quantum frequencies using the current market data. The quantum frequencies are used in Spectrum analysis of automated trading systems to create quantum filters for selecting signals, i.e. skipping trades that are likely to be unprofitable. How It Works It analyses the trade results of automated trading system for each frequency (512 frequencies are used). Calculation of the frequency response to search for "profitable" and "unprofitable" frequenci

Center of Gravity Indicator by Camille Huot

10.00

What is Center of Gravity? The Center of Gravity indicator allows you to get an instantly strong sentiment of where any market is going. It works with any kind of market: Forex, Stocks, Metals... The extreme ease of reading is the real power of this indicator. The basics behind Center of Gravity is a physics law: barycentre. When the market price deviates strongly from this centre of gravity, the probability is considered high that the market price will evolve back towards the centre of gravity.

Averager FULL by Vladislav Andruschenko

30.00

Averager is designed to Average your trades that have received a certain drawdown by opening averaging trades. The adviser can open additional positions on the trend and against the trend! Includes average trailing stop for a series of positions! Increasing and decreasing the lot. A popular strategy for bringing unprofitable positions to the average price. Links A veraging system for MetaTrader 4 . Averager - Full Description + DEMO + PDF An example of operation of the averager in an Exe

EAmicroMoney Bet by Yongbiao Zou

35.00

EAmicroMoney Bet Expert Advisor works on 1 currency pair - EURUSD. Lots are set up manually in the Lots parameter. Optimization of the Lots parameter makes this Expert Advisor powerful. It is based on filtered-MACD & CCI to trigger the BUY or SELL signals. Open positions are closed by Take Profit, Stop Loss or according to opposite signals. Maximum value of the Lots parameter is 0.09 and minimum value is 0.01. If you have enough money you can use 0.09. For more details please see the screensho

EAmicroMoney EURUSD or GBPUSD by Yongbiao Zou

28.00

The EAmicroMoney Expert Advisor works on EURUSD or GBPUSD. It has the following parameters: maximum step price, moving average period and moving average shift. It is bound to M1 timeframe. It uses a unique technology to identify small trends and make large volume deals. Default input parameters: StepPrice=0.00031, base_lots=0.01, moving average period=12, moving average shit=9. Nothing more to say, just look at the screenshots.

2013.07.22

New publications in CodeBase

JeromeClock The indicator displays the time in different time zones on a chart
XO The indicator without averaging of the data array, that is a Buy/Sell decision is made in one move.
Range Ratio An indicator for short term trading, it can be used as a signal for closing a position or as the filter to enter one.

2013.07.22

Published article "Another MQL5 OOP Class".

This article shows you how to build an Object-Oriented Expert Advisor from scratch, from conceiving a theoretical trading idea to programming a MQL5 EA that makes that idea real in the empirical world. Learning by doing is IMHO a solid approach to succeed, so I am showing a practical example in order for you to see how you can order your ideas to finally code your Forex robots. My goal is also to invite you to adhere the OO principles.

2013.07.22

Published article "Alert and Comment for External Indicators (Part Two)".

Since I published the article "Alert and Comment for External Indicators", I have been receiving requests and questions regarding the possibility of developing an external informer operating based on indicator lines. Having analyzed the questions, I have decided to continue with the subject. Getting data stored in indicator buffers turned out to be another area of interest to users.

2013.07.21