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Use new possibilities of MetaTrader 5

History of MQL5.community development

The most popular trading robots and technical indicators, news signals, regular incoming ready-made MQL5 programs in CodeBase and the most discussed Forum topics.

New publications in CodeBase

  • Waddah Attar Explosion The indicator shows the moments of the market acceleration. Besides, it indicates appropriate time for buying, selling and market exit.
  • StepMA_Line StepMA is executed as a moving average.
  • Smoothed ADX There are a lot of smoothing algorithms. This indicator is a smoothing of standard ADX.
  • 4 Sessions Shows 4 sessions: Pacific, Asian, European, American.

Published article "Interview with Ge Senlin (ATC 2011)".

Interview with Ge Senlin (ATC 2011)

The Expert Advisor by Ge Senlin (yyy999) from China got featured in the top ten of the Automated Trading Championship 2011 in late October and hasn't left it since then. Not often participants from the PRC show good results in the Championship - Forex trading is not allowed in this country. After the poor results in the previous year ATC, Senlin has prepared a new multicurrency Expert Advisor that never closes loss positions and uses position increase instead. Let's see whether this EA will be able to rise even higher with such a risky strategy.

The most popular forum topics:

16 new topics on forum:

and 13 more...
There are more than 41 100 topics available on forum

New publications in CodeBase

  • Ichimoku Cloud Simplified Ichimoku indicator (Ichimoku Kinko Hyo) containing only the cloud.
  • MarketProfile Market Profile is a tool used by many futures traders for the analysis of the statistical time distribution of the price, finding a price area and control values for the day trading session. The indicator is based on the simple price movement and does not use standard MetaTrader 5 platform indicators.
  • Fisher RVI Fisher RVI is an oscillator that modifies RVI (Relative Vigor Index) custom indicator values using Inverse Fisher Transform.

The most popular forum topics:

12 new topics on forum:

and 9 more...

15 new topics on forum:

and 12 more...

The most popular forum topics:

14 new topics on forum:

and 11 more...
There are more than 2 400 codes published in Codebase

New publications in CodeBase

  • XOSMA Oscillator Four-colored histogram of OsMA (Moving Average of Oscillator) allowing to implement different smoothing algorithms.
  • ATRPivot ATRPivot generates support and resistance levels considering Average True Range (ATR) indicator.
  • Fisher CG Oscillator Fisher CG Oscillator is an oscillator that modifies the CG Oscillator custom indicator values using Inverse Fisher Transform.
  • X bug free version v4.0 Trades using two moving average crosses.
  • psar bug 7 Opens and closes orders using parabolic sar signals.

The most popular forum topics:

16 new topics on forum:

and 13 more...
There are more than 41 030 topics available on forum

Published article "Using MetaTrader 5 as a Signal Provider for MetaTrader 4".

Using MetaTrader 5 as a Signal Provider for MetaTrader 4

Analyse and examples of techniques how trading analysis can be performed on MetaTrader 5 platform, but executed by MetaTrader 4. Article will show you how to create simple signal provider in your MetaTrader 5, and connect to it with multiple clients, even running MetaTrader 4. Also you will find out how you can follow participants of Automated Trading Championship in your real MetaTrader 4 account.

New publications in CodeBase

  • StepMA_NRTR StepMA made as the Nick Rypock Trailing Reverse (NRTR) indicator.
  • Color Parabolic Ergonomic Parabolic SAR. The indicator itself is a two-color one and it also adds large colored dots that appear during each trend reversal.
  • Fisher Cyber Cycle Fisher Cyber Cycle is an oscillator that modifies the Cyber Cycle custom indicator values using Inverse Fisher Transform.
  • 3Parabolic System This indicator compares the signals of three versions of Parabolic SAR indicator. The versions are set at different timeframes: junior (chart timeframe), middle and senior.
  • CG Oscillator CG Oscillator basic and signal lines crossing generates buy and sell signals.
  • Mikahekin Mikahekin can be called a complete analytical block rather than just an indicator. The color of bars shows a trend direction and their height indicates a trend power. Blue and magenta dots show trailing-stop levels for long and short positions, respectively.

The most popular forum topics:

22 new topics on forum:

and 19 more...

New publications in CodeBase

20 new topics on forum:

and 17 more...

The most popular forum topics:

Published article "Interview with Ilnur Khasanov (ATC 2011)".

Interview with Ilnur Khasanov (ATC 2011)

The Expert Advisor of Ilnur Khasanov (aharata) is holding its place in our TOP-10 chart of the Automated Trading Championship 2011 participants from the third week already, though Ilnur's acquaintance with Forex has started only a year ago. The idea that forms the basis of the Expert Advisor is simple but the trading robot contains self-optimization elements. Perhaps, that is the key to its survival? Besides, the author had to change the Expert Advisor planned to be submitted for the Championship...

18 new topics on forum:

and 15 more...
There are more than 40 960 topics available on forum

New publications in CodeBase

The most popular forum topics:

7 new topics on forum:

and 4 more...

12 new topics on forum:

and 9 more...

The most popular forum topics:

20 new topics on forum:

and 17 more...

17 new topics on forum:

and 14 more...
There are more than 40 900 topics available on forum

The most popular forum topics:

Published article "Interview with Igor Korepin (ATC 2011)".

Interview with Igor Korepin (ATC 2011)

Appearance of the Expert Advisor cs2011 by Igor Korepin (Xupypr) at the very top of the Automated Trading Championship 2011 was really impressive - its balance was almost twice that of the EA featured on the second place. However, despite such a sound breakaway, the Expert Advisor could not stay long on the first line. Igor frankly said that he relied much on a lucky start of his trading robot in the competition. We'll see if luck helps this simple EA to take the lead in the ATC 2011 race again.

There are more than 2 380 codes published in Codebase

New publications in CodeBase

  • Instantaneous Trendline Instantaneous Trendline shows buy and sell signals, while crossing the moving averages.
  • yEffekt The indicator marks possible trend reversals.
  • Range Expansion Index Range Expansion Index (REI) is an oscillator that measures price changing rate and signals about overbought/oversold areas, in case a price shows weakness or strength.

The most popular forum topics:

24 new topics on forum:

and 21 more...

New publications in CodeBase

  • Swing Index Swing Index is a math expression of the operations activity for the last two bars.
  • Mass Index (MI) The Mass Index is intended for detection of trend reversals based on changes in the bandwidth between the highest and the lowest prices.
  • BarTimer The current time position in relation to the beginning and the end of the bar is shown. In addition the ratio between the time passed since the beginning of the bar and the whole bar duration expressed in percents is given. It is useful for choosing the moment of making a trade decision.

12 new topics on forum:

and 9 more...

New publications in CodeBase

  • Candles_Smoothed Smoothed candlestick chart.
  • Ease of Movement Ease of Movement technical indicator is used to display the ratio between prices change rate and market volume.
  • Stochastic RVI Stochastic RVI is a standard Stochastic Oscillator applied to the values of RVI (Relative Vigor Index) indicator instead of a price.
  • Postzigzagv2Close Based on Zigzag Indicator.
  • Trading scripts with pictures These scripts will record and file a picture of the chart at the time of each trade executed with them.

Published article "Creating MQL5 Expert Advisors in minutes using EA Tree: Part One".

Creating MQL5 Expert Advisors in minutes using EA Tree: Part One

EA Tree is the first drag and drop MetaTrader MQL5 Expert Advisor builder. You can create complex MQL5 using a very easy to use graphical user interface. In EA Tree, Expert Advisors are created by connecting boxes together. Boxes may contain MQL5 functions, technical indicators, custom indicators, or values. Using the "tree of boxes", EA Tree generates the MQL5 code of the Expert Advisor.

25 new topics on forum:

and 22 more...
There are more than 40 830 topics available on forum

The most popular forum topics:

New publications in CodeBase

17 new topics on forum:

and 14 more...

16 new topics on forum:

and 13 more...
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