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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.

7 new products are now available on the Market:

and 2 more...

New publications in CodeBase

  • Instantaneous Trend Line Bands This version extends the Instantaneous Trend Line indicator with a sort of bands to make it easier to spot trend change and to filter out some false signals that can be produced if only the slope of the ITL indicator is takes for a signal.
  • Instantaneous Trend Line Instantaneous Trend Line is one of the series of indicators created by John Ehlres.
  • MA Cross Studies Simple program using the moving average as bias and providing many trade and money management options.

The most popular forum topics:

21 new topics on forum:

and 18 more...

The most downloaded free products:

Bestsellers in the Market:

Most downloaded source codes this month

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Daily Pivot Points shifted for different day start time This indicator is another implementation of daily pivot points that allows the time for pivot point calculation to be advanced or delayed from the server time. It considers any Saturday trading to be Friday and any Sunday trading to be Monday.
  • RSI with divergency RSI modified to show the excess of the market (more than 70 and less than 30), and show you the divergency with the price.

Most read articles this month

How to reduce trader's risks

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.

The Channel Breakout pattern

The Channel Breakout pattern

Price trends form price channels that can be observed on financial symbol charts. The breakout of the current channel is one of the strong trend reversal signals. In this article, I suggest a way to automate the process of finding such signals and see if the channel breakout pattern can be used for creating a trading strategy.

Night trading during the Asian session: How to stay profitable

Night trading during the Asian session: How to stay profitable

The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions.

10 new signals now available for subscription:

Winner
673% 1632 trades
Growth:672.65%
Equity:9 961.06USD
Balance:9 961.06USD
Echo
603% 1186 trades
Growth:603.40%
Equity:1 665.36USD
Balance:1 665.36USD
Moebius
229% 2812 trades
Growth:228.91%
Equity:72 375.03USD
Balance:72 795.36USD
and 7 more...

5 new products are now available on the Market:

Published article "Custom Strategy Tester based on fast mathematical calculations".

Custom Strategy Tester based on fast mathematical calculations

The article describes the way to create a custom strategy tester and a custom analyzer of the optimization passes. After reading it, you will understand how the math calculations mode and the mechanism of so-called frames work, how to prepare and load custom data for calculations and use effective algorithms for their compression. This article will also be interesting to those interested in ways of storing custom information within an expert.

Published article "Custom Strategy Tester based on fast mathematical calculations".

Custom Strategy Tester based on fast mathematical calculations

The article describes the way to create a custom strategy tester and a custom analyzer of the optimization passes. After reading it, you will understand how the math calculations mode and the mechanism of so-called frames work, how to prepare and load custom data for calculations and use effective algorithms for their compression. This article will also be interesting to those interested in ways of storing custom information within an expert.

The most downloaded free products:

There are more than 92 020 topics available on forum

15 new topics on forum:

and 12 more...

Bestsellers in the Market:

5 new signals now available for subscription:

Night Bot
116% 1018 trades
Growth:116.41%
Equity:7 921.42USD
Balance:7 921.42USD
MDChisinau
79% 680 trades
Growth:78.59%
Equity:3 853.51USD
Balance:3 767.84USD
G Infinite USD 5k
45% 366 trades
Growth:44.89%
Equity:5 413.99USD
Balance:5 413.99USD
and 2 more...

5 new products are now available on the Market:

New publications in CodeBase

  • Stochastic DeMarker This version of DeMarker indicator uses the "help" of smoothed Stochastic to emphasize the states of DeMarker and to help in easier trend assessment.
  • Balance of Power Balance of Power, introduced by Igor Livshin, attempts to measure the strength of buyers vs. sellers by assessing the ability of each to push price to an extreme level. Livshin published this indicator in the August 2001 issue of Stocks and Commodities Magazine. This version of indicator calculates the BOP exactly as it is described in the article where it was published.
  • T3 levels T3 is very similar to EMA in calculating way and it makes it suitable for this way of calculation. As an extension of EMA levels it might prove to be useful but by all means do some experimenting in order to get the best results for specific symbol/timeframe combination.
  • Fractals Chaos Oscillator A different way of looking at the fractals: instead of showing fractals the usual way, this indicator shows fractals as an oscillator and can show the "rhythm" of the changes in the market.
  • Dsl - Balance of Market Power Balance of Market Power combined with DSL (Discontinued Signal Line) it can be used both for trending and scalping mode.

The most downloaded free products:

Bestsellers in the Market:

Most downloaded source codes this week

  • TradePanel Simple one click trade panel, typically useful for scalpers and day traders.
  • Signal Candles Get entry signals from specific candles based on your rules.
  • Daily Pivot Points shifted for different day start time This indicator is another implementation of daily pivot points that allows the time for pivot point calculation to be advanced or delayed from the server time. It considers any Saturday trading to be Friday and any Sunday trading to be Monday.

Most read articles this week

Testing patterns that arise when trading currency pair baskets. Part III

Testing patterns that arise when trading currency pair baskets. Part III

In this article, we finish testing the patterns that can be detected when trading currency pair baskets. Here we present the results of testing the patterns tracking the movement of pair's currencies relative to each other.

The Channel Breakout pattern

The Channel Breakout pattern

Price trends form price channels that can be observed on financial symbol charts. The breakout of the current channel is one of the strong trend reversal signals. In this article, I suggest a way to automate the process of finding such signals and see if the channel breakout pattern can be used for creating a trading strategy.

How to reduce trader's risks

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.

10 new topics on forum:

and 7 more...

The most popular forum topics:

4 new signals now available for subscription:

Chris Yeung TMclassic by Wayne Class 4
269% 1823 trades
Growth:268.73%
Equity:992.54USD
Balance:1 474.92USD
VYK 1
93% 493 trades
Growth:93.32%
Equity:7 143.51USD
Balance:7 623.55USD
Money Hunter1
-29% 221 trades
Growth:-29.40%
Equity:101.95USD
Balance:101.95USD
and 1 more...

Bestsellers in the Market:

18 new topics on forum:

and 15 more...

2 new signals now available for subscription:

SmplyTheBest
165% 1227 trades
Growth:164.90%
Equity:54 252.77USD
Balance:54 252.77USD
I27
120% 389 trades
Growth:119.72%
Equity:1 101.32USD
Balance:1 105.90USD

The most downloaded free products:

Bestsellers in the Market:

16 new topics on forum:

and 13 more...

5 new signals now available for subscription:

CentbyCentup
150% 5341 trades
Growth:149.58%
Equity:692 012.39EUR
Balance:691 794.03EUR
FXMOC01
93% 373 trades
Growth:93.36%
Equity:8 902.39USD
Balance:9 627.06USD
FREE EA N VPS 1
69% 6787 trades
Growth:69.41%
Equity:59 122.45USD
Balance:59 215.49USD
and 2 more...

6 new products are now available on the Market:

and 1 more...

Published article "Automatic construction of support and resistance lines".

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values.

Published article "Automatic construction of support and resistance lines".

Automatic construction of support and resistance lines

The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values.

The most downloaded free products:

There are more than 91 950 topics available on forum

19 new topics on forum:

and 16 more...

More than 50 new charts published:

GBPUSD, H4
new ticksniper PRO
GBPCHF, H1
GBPUSD, D1

Bestsellers in the Market:

The most popular forum topics:

4 new products are now available on the Market:

The most downloaded free products:

Bestsellers in the Market:

8 new topics on forum:

and 5 more...

3 new products are now available on the Market:

New publications in CodeBase

  • Chaos zone Chaos zone indicator that is a combination of two Bill Williams' indicators: Accelerator Oscillator and Awesome Oscillator.
  • EMA levels Instead of being in a hurry to follow the price with the stop loss, this indicator is adjusting a proposed stop loss only when it notices a trend change in the opposite direction. That way, it keeps the level intact while trending, and adjusts it when it "sees" that there is a possible trend change) and gives bigger "room" for an order to survive possible whipsaws in trends. Also, since it is estimating a trend, this indicator displays the periods when there is a trend in different color(s) in order to make it easier to decided what to do.
  • DSL - extended stochastic The usual average that is used for stochastic calculation is simple Moving Average (SMA). This (extended) version allows you to use any of the 4 basic types of averages (default is SMA, but you can use EMA, SMMA or LWMA too) - some are "faster" then the default version (like EMA and LWMA versions) and SMMA is a bit "slower", but this way you can fine tune the "speed" to signals ratio.

4 new signals now available for subscription:

EA Pump and Dump
381% 2388 trades
Growth:380.83%
Equity:4 029.85USD
Balance:4 469.32USD
SWP Titik Rusmiyati RJ DAV EUUC
71% 189 trades
Growth:71.15%
Equity:999.91USD
Balance:1 070.26USD
HARA Trade
29% 277 trades
Growth:28.62%
Equity:1 737.69EUR
Balance:1 738.15EUR
and 1 more...

Bestsellers in the Market:

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