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

2016.01.05

Most read articles this month

Price Action. Automating the Engulfing Pattern Trading Strategy

This article describes a process of creating an Expert Advisor for MetaTrader 4 based on the Engulfing pattern, as well as the pattern recognition principle, rules of setting pending orders and stop orders. The results of testing and optimization are provided for your information.

MQL5 for beginners: Anti-vandal protection of graphic objects

What should your program do, if graphic control panels have been removed or modified by someone else? In this article we will show you how not to have "ownerless" objects on the chart, and how not to lose control over them in cases of renaming or deleting programmatically created objects after the application is deleted.

MetaTrader 4 on macOS

We provide a special installer for the MetaTrader 4 trading platform on macOS. It is a full-fledged wizard that allows you to install the application natively. The installer performs all the required steps: it identifies your system, downloads and installs the latest Wine version, configures it, and then installs MetaTrader within it. All steps are completed in the automated mode, and you can start using the platform immediately after installation.

2016.01.05

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 101 new comments
Pair trading. How to close orders with maximum profit? 27 new comments
Why do 95% of traders lose? 13 new comments

2016.01.05

There are more than 1,550 products available in Market

2016.01.04

Bestsellers in the Market:

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

PipFinite Trend Laser by Karlo Wilson Vendiola

88.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

Brazil System by Ramil Minniakhmetov

50.00

This trading system does not use any indicators. The EA starts operation opening two differently directed orders. After one of them is closed by Take Profit, two differently directed orders are opened again and their lot is multiplied by Lot Mulitplier. This process lasts until the number of orders reaches the value of Max. Locked Orders. When it does, the EA stops opening locking orders. It will be opening orders in the direction of the available series with the Grid Step value used as a step b

PipFinite Razor Scalper by Karlo Wilson Vendiola

88.00

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Combo Razor Scalper with Trend Laser Strategy: Scalp in the direction of the trend Watch Video: (Click Here) Features Scalping indicator using a confirme

Loss Recovery Trader by Michalis Phylactou

595.00

This robot attempts to recover losing trades. Place a trade and if it moves in the wrong direction, the Zone Recovery algorithm initiates. An alternating series of Buy and Sell trades at two specific levels will be taking place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades are closed with a combined profit or approximate breakeven. To use 1) Place the EA on a chart and select how the first trade will open (Manual/Via EA strategy/

2016.01.04

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 122 new comments
A newcomer asks! 36 new comments
Elite indicators :) 35 new comments

2016.01.04

There are more than 75,360 topics available on forum

2016.01.04

24 new topics on forum:

and 21 more...

2016.01.03

17 new topics on forum:

and 14 more...

2016.01.03

Most downloaded source codes this week

Expert_RSI_Stochastic_MA This Expert Advisor uses three indicators: MA(150), RSI(3) with the levels of 80 and 20, Stochastic(6, 3, 3) with the levels of 70 and 30. The direction of opening deals is based on MA. Entry by RSI and Stochastic. Exit by Stochastic.
iFibonacci v2.0 – Professional Non-Repainting Fibonacci Suite Automatically draws Fibonacci Retracement, Arc, Fan, Time Zones, and Expansion based on detected swing points. Features a custom "Reverse-Scan" algorithm that never repaints - perfect for traders who need reliable anchor points.
Trailing Stop that can do everything The Expert Advisor moves the Stop Loss in the direction of the price movement using various methods.

2016.01.03

Most read articles this week

MQL5 for beginners: Anti-vandal protection of graphic objects

What should your program do, if graphic control panels have been removed or modified by someone else? In this article we will show you how not to have "ownerless" objects on the chart, and how not to lose control over them in cases of renaming or deleting programmatically created objects after the application is deleted.

Price Action. Automating the Engulfing Pattern Trading Strategy

This article describes a process of creating an Expert Advisor for MetaTrader 4 based on the Engulfing pattern, as well as the pattern recognition principle, rules of setting pending orders and stop orders. The results of testing and optimization are provided for your information.

MetaTrader 4 on macOS

We provide a special installer for the MetaTrader 4 trading platform on macOS. It is a full-fledged wizard that allows you to install the application natively. The installer performs all the required steps: it identifies your system, downloads and installs the latest Wine version, configures it, and then installs MetaTrader within it. All steps are completed in the automated mode, and you can start using the platform immediately after installation.

2016.01.03

Bestsellers in the Market:

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

PipFinite Trend Laser by Karlo Wilson Vendiola

88.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

FORTUNE FEVER GBPUSD by Steven Anderson

49.00

FORTUNE FEVER is a fully automated Expert Advisor designed for Traders who have low spread ECN brokers . This EA is designed strictly for GBP/USD H4 for long term profits with low risk which offers 2 different modes to trade. ( Fortune and Cash Cow ) The EA strategy trades purely price action with no lagging indicators which has a highly developed trading algorithm programmed that has passed through extensive testing over many years. So what is Fortune and Cash Cow Mode? This EA offers 3 differe

KMR Scalper by Karolis Vaicekauskas

50.00

KMR Scalper is fully automated Expert Advisor. Robot is high frequency trading . The strategies based on price levels' breakout, robot finds when price breaks on 1H and 4H time frames. Always uses only pending orders with tiny stops and there is no martingale,grid or hedge, just smart money management. In inputs there is no lot variable cause better to trade with money management. KMR Scalper open big count of trades but stop loss is only 5 pips and it's enough to avoid big drawdown in long term

Mr Schmitt Robot by Karolis Vaicekauskas

150.00

MR. Schmitt Robot is fully automated forex Expert Advisor. Robot has 2 strategies, the strategies based on price levels' breakout with smart Take profit and Stop loss. Take profit always is 21 pips and Stop loss always is 7 pips . Robot best work on EUR/USD pair on 1H timeframe. No need big risk % for profitable trading,it show good results with only 3 % risk. Of course you can increase risk % but i suggest no more than 5 %. Testing in long term robot showed small Drawdown %. Robot only works on

2016.01.02

12 new topics on forum:

and 9 more...

2016.01.02

The most popular forum topics:

Market theory 40 new comments
Elite indicators :) 28 new comments
FOREX - Trends, Forecasts and Implications 2015(continued) 21 new comments

2016.01.02

Bestsellers in the Market:

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

Brazil System by Ramil Minniakhmetov

50.00

This trading system does not use any indicators. The EA starts operation opening two differently directed orders. After one of them is closed by Take Profit, two differently directed orders are opened again and their lot is multiplied by Lot Mulitplier. This process lasts until the number of orders reaches the value of Max. Locked Orders. When it does, the EA stops opening locking orders. It will be opening orders in the direction of the available series with the Grid Step value used as a step b

Barokah News Scalper by magarazqa

150.00

Barokah News Scalper is an Expert Advisor specifically used for scalping candle at important news releases. It's not a martingale or grid trading system. This EA uses smart system to analyze the movement of each candle to find the entry position and close immediately. With small StopLoss and TakeProfit, this Expert Advisor does not require a big initial deposit. The EA is designed to work in every pair, but better if you play in the pair USD due to lower spreads than others. Choose a broker with

PipFinite Trend Laser by Karlo Wilson Vendiola

88.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

PipFinite Razor Scalper by Karlo Wilson Vendiola

88.00

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Combo Razor Scalper with Trend Laser Strategy: Scalp in the direction of the trend Watch Video: (Click Here) Features Scalping indicator using a confirme

2016.01.01

There are more than 75,300 topics available on forum

2016.01.01

13 new topics on forum:

and 10 more...

2016.01.01

Bestsellers in the Market:

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

Barokah News Scalper by magarazqa

150.00

Barokah News Scalper is an Expert Advisor specifically used for scalping candle at important news releases. It's not a martingale or grid trading system. This EA uses smart system to analyze the movement of each candle to find the entry position and close immediately. With small StopLoss and TakeProfit, this Expert Advisor does not require a big initial deposit. The EA is designed to work in every pair, but better if you play in the pair USD due to lower spreads than others. Choose a broker with

PipFinite Breakout Analyzer by Karlo Wilson Vendiola

88.00

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems Analyzes statistics of breakout sign

MonsterDash Harmonic Indicator by Paul Geirnaerdt

139.00

MonsterDash Harmonic Indicator is a harmonic pattern dashboard. It recognizes all major patterns. MonsterDash is a dashboard that displays all detected patterns for all symbols and (almost) all timeframes in sortable and scrollable format. Users can add their own user defined patterns . MonsterDash can open and update charts with the pattern found. Settings MonsterDash's default settings are good enough most of the time. Feel free to fine tune them to your needs. The color settings are for thos

Road Scalper by Herni Widiastuti

1,000.00

Road Scalper Expert Advisor is a scalping EA based on price movement and some standart indicators. Road Scalper EA does the analysis using data from M1 and M5 timeframes. You can use Road Scalper EA on all pairs, but my recommendation is to use this EA on pairs with low spread and low stop level. Please use this EA on M1 or M5 timeframe. Further details will be provided in the Comments tab. Inputs MagicNumber = 2015 - used to identify an order. Stoploss=8 - Stop Loss in pips. 10 is 10 pips. Tra

2015.12.31

The most popular forum topics:

The oil issue ... 91 new comments
Elite indicators :) 59 new comments
FOREX - Trends, Forecasts and Implications 2015(continued) 40 new comments

2015.12.31

The most downloaded free products:

Tipu Trend by Kaleem Haider

FREE

Tipu Trend is a non-lag, non-repaint, smart indicator, that shows the trend of selected time frames. Features Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. As easy to trade indicator that smooths the noise in the price action. Highlights ranging markets. Add Tipu Panel (found here ) and unlock the following additional features. An easy to use Panel that shows the trend + signal of the selected time frames. Customizable Panel. The panel can be moved to any

Rsi Channel by Abdullah Alrai

FREE

This indicator displays the channel of Relative Strength Index. When you see that the price touches the red line and retreats from it many times, then you will know that the general trend is down. When it retreats from the blue line many times, that means that the general trend is up. This lines express the RSI values attributed to the price values on the main chart. You can add this indicator to your strategy, it will help you. This indicator will work best on 5 minutes and higher time frames.

SILK Free by Waseem Raza

FREE

This is free version of SILK EXPERT ADVISOR . It will work with fixed .01 lot. No Martingale No Grid No Arbitrage No any other risky strategy inside If you have any question about EA please contact me Features It can work with small deposit Only Pending Orders Tight Stop Loss always Profit in Trailing but have TP Orders will be deleted in case of false signals Can work with fixed lot and can set margin Time expiration for orders Avoid weak market Can delete orders if high spread and can restore

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

2015.12.31

Bestsellers in the Market:

PipFinite Breakout Analyzer by Karlo Wilson Vendiola

88.00

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems Analyzes statistics of breakout sign

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

Road Scalper by Herni Widiastuti

1,000.00

Road Scalper Expert Advisor is a scalping EA based on price movement and some standart indicators. Road Scalper EA does the analysis using data from M1 and M5 timeframes. You can use Road Scalper EA on all pairs, but my recommendation is to use this EA on pairs with low spread and low stop level. Please use this EA on M1 or M5 timeframe. Further details will be provided in the Comments tab. Inputs MagicNumber = 2015 - used to identify an order. Stoploss=8 - Stop Loss in pips. 10 is 10 pips. Tra

XLpips by Andrey Kozak

57.00

XLpips is an automated trading system based to the algorithm of neural networks. This indicator finds the most effective entry points and generates a signal in the form of arrows. Up arrow - buy, down arrow - sell. In addition, the indicator can predict the approach of price reversal and informs the trader by highlighting the histogram with a corresponding color and displaying a text message. An additional advantage of this indicator is that it can send pushes and email notifications to a trader

ExactArrows by Pavel Krysanov

59.00

The main aim of this indicator lies in determining entry and exit points, that is why the ExactArrow indicator does not draw nothing but arrows which show entry and exit points. In spite of apparent simplicity of the indicator, it has complicated analytic algorithms which determine entry and exit points. The indicator generates exact and timely entry and exit signals which appear on the current candle. The indicator generates an average of 1-2 candles before its analogues do. The indicator is ve

2015.12.31

22 new topics on forum:

and 19 more...

2015.12.30

17 new topics on forum:

and 14 more...

2015.12.30

Bestsellers in the Market:

Rail Scalper by Herni Widiastuti

1,200.00

Rail Scalper Expert Advisor is a scalping EA based on price movement and some standard indicators. Rail Scalper EA does the analysis using data from M1 and M5 timeframes. You can use Rail Scalper EA on all pairs, but my recommendation is to use this EA on pairs with low spread and low stop level. The trading robot can run on several instruments simultaneously. The recommended chart timeframe is M1 or М5. The recommended Account Leverage is 1:500 VPS hosting 24/7 is strongly advised. Further deta

PipFinite Trend Laser by Karlo Wilson Vendiola

88.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

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

PipFinite Breakout Analyzer by Karlo Wilson Vendiola

88.00

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems Analyzes statistics of breakout sign

2015.12.29

Bestsellers in the Market:

AT Reversals by Leonardo Barata

129.00

The indicator shows price reversals with a high degree of accuracy. Reversals are shown on the chart as arrows, and they never repaint or backpaint. Based on our proprietary price and volumes algorithms, it is a powerful tool to have to increase your rate of success and profitability. With easily adjustable settings and featuring an accuracy rating for each setting, it is a very versatile indicator that adjusts to the market you are trading in. It features a user-friendly interface with an adjus

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

Rail Scalper by Herni Widiastuti

1,200.00

Rail Scalper Expert Advisor is a scalping EA based on price movement and some standard indicators. Rail Scalper EA does the analysis using data from M1 and M5 timeframes. You can use Rail Scalper EA on all pairs, but my recommendation is to use this EA on pairs with low spread and low stop level. The trading robot can run on several instruments simultaneously. The recommended chart timeframe is M1 or М5. The recommended Account Leverage is 1:500 VPS hosting 24/7 is strongly advised. Further deta

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

Diamond Scalper BD by Abdullah Al Main

260.00

Great News For Trader who Love Scalping Ea. " DIAMOND SCALPER BLACK DIAMOND " its fully automated advance system based on very simple logic with 30 MIN chart. Back test Result awesome. Have look In Screen Short. Strongly recommendation for use V.P.S Hosting 7/24 for more efficiency. For Customers Please write the author in private message to know which pair can be traded for current year, what broker, account type and other recommendation. Back Test Results 30 MIN Time Frame Best for Trade w

2015.12.29

There are more than 75,250 topics available on forum

2015.12.29

14 new topics on forum:

and 11 more...

2015.12.29

Most downloaded source codes this month

Trend_Catcher The EA looks for trend using three MAs (period 200, 50, 25 or other) and opens orders using the Parabolic SAR indicator. There is martingale in an Expert Advisor, the lot is calculated in percents from a deposit depending on Stop Loss.
Millenium Code This program is a basic version of the original code of relatively simple system Millenium.
Renko Live Charts v4.13 Trade using Renko Boxes in MetaTrader 4.

2015.12.29

Most read articles this month

Price Action. Automating the Engulfing Pattern Trading Strategy

This article describes a process of creating an Expert Advisor for MetaTrader 4 based on the Engulfing pattern, as well as the pattern recognition principle, rules of setting pending orders and stop orders. The results of testing and optimization are provided for your information.

MetaTrader 4 on macOS

We provide a special installer for the MetaTrader 4 trading platform on macOS. It is a full-fledged wizard that allows you to install the application natively. The installer performs all the required steps: it identifies your system, downloads and installs the latest Wine version, configures it, and then installs MetaTrader within it. All steps are completed in the automated mode, and you can start using the platform immediately after installation.

MQL5 for beginners: Anti-vandal protection of graphic objects

What should your program do, if graphic control panels have been removed or modified by someone else? In this article we will show you how not to have "ownerless" objects on the chart, and how not to lose control over them in cases of renaming or deleting programmatically created objects after the application is deleted.

2015.12.29

The most popular forum topics:

Interesting and Humour 34 new comments
FOREX - Trends, Forecasts and Implications 2015(continued) 33 new comments
F 27 new comments

2015.12.28

The most downloaded free products:

Tipu Trend by Kaleem Haider

FREE

Tipu Trend is a non-lag, non-repaint, smart indicator, that shows the trend of selected time frames. Features Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. As easy to trade indicator that smooths the noise in the price action. Highlights ranging markets. Add Tipu Panel (found here ) and unlock the following additional features. An easy to use Panel that shows the trend + signal of the selected time frames. Customizable Panel. The panel can be moved to any

Rsi Channel by Abdullah Alrai

FREE

This indicator displays the channel of Relative Strength Index. When you see that the price touches the red line and retreats from it many times, then you will know that the general trend is down. When it retreats from the blue line many times, that means that the general trend is up. This lines express the RSI values attributed to the price values on the main chart. You can add this indicator to your strategy, it will help you. This indicator will work best on 5 minutes and higher time frames.

SILK Free by Waseem Raza

FREE

This is free version of SILK EXPERT ADVISOR . It will work with fixed .01 lot. No Martingale No Grid No Arbitrage No any other risky strategy inside If you have any question about EA please contact me Features It can work with small deposit Only Pending Orders Tight Stop Loss always Profit in Trailing but have TP Orders will be deleted in case of false signals Can work with fixed lot and can set margin Time expiration for orders Avoid weak market Can delete orders if high spread and can restore

Currency Strenght by Kourosh Hossein Davallou

FREE

When trading Forex, we trade a pair of currencies at time. For example EUR/USD. If we are long on the EUR/USD it means that we expect the EUR to gain in strength relative to the USD. If we are short on the EUR/USD it means that we expect the EUR to weaken relative to the USD. You should be all familiar with this concept. The key thing about pairs though is that they just indicate the strength of one currency relative to another. If we see the EUR/USD going up, is it because the EUR is strength

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

2015.12.28

Bestsellers in the Market:

Silicon Phoenix by Cutting Edge Forex LLC

129.00

Silicon Phoenix is a unique scalping EA that captures profits from small to large impulsive moves in the market caused by traders and other robots reacting to news, break of support, trend line, moving average, etc. The system can be configured to trade with the momentum, wait and trade the quick reversal, or impulsive mode (combo of both). All the trading variables are exposed giving the trader more control. This allows for fine tuning and optimization of the strategies for other currency pairs

PipFinite Trend Laser by Karlo Wilson Vendiola

88.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

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

M1 Candle Scalper by magarazqa

99.00

Please read carefully and understand how it works before purchasing or renting this Expert Advisor. If you believe the system works, please buy or rent it. The live account results are not shown here, though the EA has already been in use for quite a long time. I do not want to give you beautiful hopes. How It Works ..? M1 Candle Scalper NOT USE Standart indicator. This EA works by observing the movement of eachcandle to look for the trend strength in each candle. If the price movements showed

FFx Universal Strength Meter PRO by Eric Venturi-Bloxs

3,030.00

FFx Universal Strength Meter PRO is more than a basic strength meter. Instead of limiting the calculation to price, it can be based on any of the 19 integrated strength modes + 9 timeframes. With the FFx USM, you are able to define any period for any combination of timeframes. For example, you can set the dashboard for the last 10 candles for M15-H1-H4… Full flexibility! Very easy to interpret... It gives a great idea about which currency is weak and which is strong, so you can find the best pai

2015.12.28

12 new topics on forum:

and 9 more...

2015.12.27

The most popular forum topics:

Interesting and Humour 54 new comments
FOREX - Trends, Forecasts and Implications 2015(continued) 44 new comments
Theorem on the presence of memory in random sequences 39 new comments

2015.12.27

10 new topics on forum:

and 7 more...

2015.12.27

Most downloaded source codes this week

Trailing Stop that can do everything The Expert Advisor moves the Stop Loss in the direction of the price movement using various methods.
Expert_RSI_Stochastic_MA This Expert Advisor uses three indicators: MA(150), RSI(3) with the levels of 80 and 20, Stochastic(6, 3, 3) with the levels of 70 and 30. The direction of opening deals is based on MA. Entry by RSI and Stochastic. Exit by Stochastic.
iFibonacci v2.0 – Professional Non-Repainting Fibonacci Suite Automatically draws Fibonacci Retracement, Arc, Fan, Time Zones, and Expansion based on detected swing points. Features a custom "Reverse-Scan" algorithm that never repaints - perfect for traders who need reliable anchor points.

2015.12.27

Most read articles this week

MQL5 for beginners: Anti-vandal protection of graphic objects

What should your program do, if graphic control panels have been removed or modified by someone else? In this article we will show you how not to have "ownerless" objects on the chart, and how not to lose control over them in cases of renaming or deleting programmatically created objects after the application is deleted.

Price Action. Automating the Engulfing Pattern Trading Strategy

This article describes a process of creating an Expert Advisor for MetaTrader 4 based on the Engulfing pattern, as well as the pattern recognition principle, rules of setting pending orders and stop orders. The results of testing and optimization are provided for your information.

MetaTrader 4 on macOS

We provide a special installer for the MetaTrader 4 trading platform on macOS. It is a full-fledged wizard that allows you to install the application natively. The installer performs all the required steps: it identifies your system, downloads and installs the latest Wine version, configures it, and then installs MetaTrader within it. All steps are completed in the automated mode, and you can start using the platform immediately after installation.

2015.12.27

Bestsellers in the Market:

PipFinite Razor Scalper by Karlo Wilson Vendiola

88.00

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Combo Razor Scalper with Trend Laser Strategy: Scalp in the direction of the trend Watch Video: (Click Here) Features Scalping indicator using a confirme

PipFinite Trend Laser by Karlo Wilson Vendiola

88.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

MACDivergence MTF by Pavel Zamoshnikov

30.00

Advanced ideas of the popular MACD indicator: It detects and displays classic and reverse divergences (three methods of detecting divergences). It uses different color to highlight an uptrend and a downtrend. Two methods of determining a trend: а) MACD crosses the 0 level (classic signal); б) MACD crosses its own average (early signal). This is a multi-timeframe indicator: it can display MACD data from other timeframes. Two methods of drawing: classic histogram and line. It generates sound and v

Brazil System by Ramil Minniakhmetov

50.00

This trading system does not use any indicators. The EA starts operation opening two differently directed orders. After one of them is closed by Take Profit, two differently directed orders are opened again and their lot is multiplied by Lot Mulitplier. This process lasts until the number of orders reaches the value of Max. Locked Orders. When it does, the EA stops opening locking orders. It will be opening orders in the direction of the available series with the Grid Step value used as a step b

Launch by Vanessa Lopez Lopez

10.00

Launch is a trend indicator for any pair and any timeframe. Never repaints signal. Never backpaints signal. Never recalculates signal. The indicator gives a signal when the Launch is activated . You can use the indicator for scalping and intra day trading but also for long term trading (days/weeks/months). Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Functions mainly as a filter to help you trade in the direction of the t

2015.12.26

14 new topics on forum:

and 11 more...

2015.12.26

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

PipFinite Strength Meter by Karlo Wilson Vendiola

88.00

How To Determine If The Market is Strong Or Weak? Strength Meter uses an Adaptive Algorithm That Detect Price Action Strength In 4 Important Levels! This powerful filter gives you the ability to determine setups with the best probability. Features Universal compatibility to different trading systems Advance analysis categorized in 4 levels Level 1 (Weak) - Indicates us to WAIT. This will help avoid false moves Weak Bullish - Early signs bullish pressure Weak Bearish - Early signs bearish press

Akendicator by Flavio Graziano

49.00

Akendicator is a amazing Metatrader indicator for 5 minutes TF binary options; it's a reversal candle indicator that predicts, most likely, if the next candle will close bullish or bearish. The mathematical algorithm used (called CANDLE POWER) is always displayed on the chart and it's updated on each tick of the candle movement. Akendicator is the result of the average values of volatility, sentiment and statistical analysis of trend. How akendicator works When a candle reaches the Candle Power

AlgoTradeSoft Innovative EA by ISIT GROUP INC

29,999.00

The strategy is based on the breakdown of the most important support and resistance levels. The EA uses the adaptive trade management algorithm. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA contains the algorithm of statistics collection and slippage control with complete statistics output on the information panel, so you can control th

PipFinite Breakout Analyzer by Karlo Wilson Vendiola

88.00

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems Analyzes statistics of breakout sign

2015.12.25

The most downloaded free products:

Tipu Trend by Kaleem Haider

FREE

Tipu Trend is a non-lag, non-repaint, smart indicator, that shows the trend of selected time frames. Features Customizable Buy/Sell alerts, push alerts, email alerts, or visual on-screen alerts. As easy to trade indicator that smooths the noise in the price action. Highlights ranging markets. Add Tipu Panel (found here ) and unlock the following additional features. An easy to use Panel that shows the trend + signal of the selected time frames. Customizable Panel. The panel can be moved to any

SILK Free by Waseem Raza

FREE

This is free version of SILK EXPERT ADVISOR . It will work with fixed .01 lot. No Martingale No Grid No Arbitrage No any other risky strategy inside If you have any question about EA please contact me Features It can work with small deposit Only Pending Orders Tight Stop Loss always Profit in Trailing but have TP Orders will be deleted in case of false signals Can work with fixed lot and can set margin Time expiration for orders Avoid weak market Can delete orders if high spread and can restore

Rsi Channel by Abdullah Alrai

FREE

This indicator displays the channel of Relative Strength Index. When you see that the price touches the red line and retreats from it many times, then you will know that the general trend is down. When it retreats from the blue line many times, that means that the general trend is up. This lines express the RSI values attributed to the price values on the main chart. You can add this indicator to your strategy, it will help you. This indicator will work best on 5 minutes and higher time frames.

CloseAll Selections by Yun-Feng Hsieh

FREE

This script is very useful when we need to close a lot of orders in the short time. The utility provides various order closing methods. Simply enter the appropriate execution mode code: 1 - close all orders 2 - close market orders 3 - close pending orders 4 - close buy orders 5 - close sell orders 6 - close buy stop orders 7 - close sell stop orders 8 - close profit orders 9 - close loss orders. Attention: The utility closes orders at all symbols, not just on the current symbol chart. Sometimes,

Terminal by Roman Podpora

FREE

The Terminal indicator is a substitution for the standard Terminal tab. The indicator is displayed as a kind of table consisting of several elements: A row with column descriptions; Open orders; Summary information of open orders; Summary information of current day closed orders. The indicator settings: Graph corner for attachment - the corner of the chart where the table will be positioned Font - font type Fontsize - font size Text color - display settings Profit color - display settings Loss c

2015.12.25

The most popular forum topics:

FOREX - Trends, Forecasts and Implications 2015(continued) 83 new comments
Interesting and Humour 53 new comments
Any rookie question, so as not to clutter up the forum. Professionals, don't pass by. Nowhere without you - 6. 25 new comments

2015.12.25

12 new topics on forum:

and 9 more...

2015.12.25

Bestsellers in the Market:

PipFinite Breakout Analyzer by Karlo Wilson Vendiola

88.00

The Breakout Indicator That Has Been Proven & Tested! Breakout Analyzer uses an advanced algorithm based on high probability price patterns. Each trade is analyzed on the statistics panel to help you evaluate the best breakout setups. Bonus Strategy 1 Breakout Analyzer with Volume Critical Watch Video: (Click Here) Bonus Strategy 2 Breakout Analyzer with Strength Meter Watch Video: (Click Here) Features Universal compatibility to different trading systems Analyzes statistics of breakout sign

PipFinite Exit Scope by Karlo Wilson Vendiola

88.00

Did You Have A Profitable Trade But Suddenly Reversed? Exiting a trade is equally important as entering! Exit Scope helps maximize your current trade profit and avoid turning winning trades to losers. Attention Exit Signals are NOT to be used in entering a trade! Exit means closing your trades to avoid correction/reversal which can wipe out existing profit or haunt break-even orders. Please watch presentation (Click Here) Features Generates instant exit signals based on price action, volatili

Angry Beaver MT4 by Andrey Khatimlianskii

3,450.00

Angry Beaver — a Professional Forex Expert Advisor All you need to get started is an account at a reliable low-spread broker, VPS server, fast Internet connection and Angry Beaver. The deposit size is not important. Angry Beaver uses a very small stop loss and works with almost no drawdown, so you can start even with $10. Check out how the things might unfold by setting an appropriate initial deposit and testing the EA in the strategy tester. The EA's efficiency has been confirmed on real accoun

Price Action DashBoard by Chantal Sala

150.00

The Price Action Dashboard is an innovative tool to help the trader to control a large number of financial instruments. This tool is designed to automatically suggest signals and price conditions. The Dashboard analyzes all major Time Frame suggesting price action conditions with graphic elements. The Dashboard can suggest you the strength of the trend identifying directional movement, it is an indispensable tool for those who want to open position themselves using market trends identifiers. The

Exp Averager by Vladislav Andruschenko

50.00

Exp-Averager is designed to Average your trades that have received a certain drawdown by opening averaging trades. The advisor has the ability to open new positions in on trend or against the current trend. It also includes a smart trailing stop feature that applies to a series of positions. The advisor can increase or decrease the lot size of the positions. This is a widely used strategy for bringing losing positions to the average price. MT5 version Full Description +DEMO +PDF H

2015.12.24

There are more than 75,190 topics available on forum

2015.12.24

14 new topics on forum:

and 11 more...

2015.12.24

Bestsellers in the Market:

PipFinite Trend Laser by Karlo Wilson Vendiola

88.00

The Pioneer Of Trend Detection! A Powerful Indicator That Avoids Whipsaws And Uncertain Market Noise. Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe. Features Advanced trend detection software using complex algorithms that can be used as the supporting tool or system. Unique trend detection that avoids whipsaws and uncertain market noise Analyzes statistics of maximum profits and calculates possible targets for the next signal Fle

Loss Recovery Trader by Michalis Phylactou

595.00

This robot attempts to recover losing trades. Place a trade and if it moves in the wrong direction, the Zone Recovery algorithm initiates. An alternating series of Buy and Sell trades at two specific levels will be taking place, with two Exit Points above and beyond these levels. Once either of the two exit points is reached, all trades are closed with a combined profit or approximate breakeven. To use 1) Place the EA on a chart and select how the first trade will open (Manual/Via EA strategy/

Double Trader Dashboard Mode by Michalis Phylactou

60.00

Double Trader Dashboard mode is an extension of the Double Trader EA which is an EA that you can use with the Loss Recovery Trader . It uses the same features of the Double Trader EA, with the Dashboard Mode giving the opportunities to Open trades in several different pairs from the same chart Apply risk management properties on the whole account to prevent opening new trades when certain levels are breached For each pair selected to be traded it will open simultaneously a sell trade and a buy t

Adaptive Stochastic by Rasoul Mojtahedzadeh

300.00

Stochastic Oscillator is one of the most popular and accurate oscillators widely used by traders to capture overbought and oversold areas of price action. Although the Stochastic indicator works fine for an interval of the market, it fails to generate profitable signals when the market conditions change, and hence it produces wrong signals resulting in big losses. Have you ever thought about an adaptive Stochastic indicator that adapts its period of calculation based on the market conditions? Th

PipFinite Range Point by Karlo Wilson Vendiola

88.00

Pipfinite creates unique, high quality and affordable trading tools. Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you. We want your good reviews, so hurry up and test it for free...we hope you will find it useful. Attention This trading tool is specifically designed to help grid, martingale, averaging, recovery and hedging strategies. If you are not familiar with th

2015.12.24

New publications in CodeBase

VWAP - Volume Weighted Average Price VWAP is an intra-day calculation used primarily by algorithms and institutional traders to assess where a stock is trading relative to its volume weighted average for the day.
Sort Volume Calculates volume for each currency on pair based on price movement.

2015.12.23