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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.

14 new topics on forum:

and 11 more...
There are more than 15 220 topics available on forum

The most popular forum topics:

Published article "Fallacies, Part 1: Money Management is Secondary and Not Very Important".

Fallacies, Part 1: Money Management is Secondary and Not Very Important

The first demonstration of testing results of a strategy based on 0.1 lot is becoming a standard de facto in the Forum. Having received "not so bad" from professionals, a beginner sees that "0.1" testing brings rather modest results and decides to introduce an aggressive money management thinking that positive mathematic expectation automatically provides positive results. Let's see what results can be achieved. Together with that we will try to construct several artificial balance graphs that are very instructive.

There are more than 820 codes published in Codebase

New publications in CodeBase

  • Lucky It is a source code by winwin2007 - one of the leaders of the ATC 2007. It works only with the spread 2. It is closed after gaining the minimal profit, that is why Stop Loss and Take Profit levels of a brokerage company are not a problem for it.
  • 20/200 expert v 4.2 AntS The most reliable Expert Advisor. EUR/USD 1H
  • mt4mm Automated volume calculation for the preset risk factor, and order(s) opening.
  • Digistoch-1 Indicator has a rekomendatsionny nature. Shows signals on the basis stohastika.
  • 10 pips Trading without indicators!!!

16 new topics on forum:

and 13 more...

New publications in CodeBase

  • linreg A simple indicator will be useful for beginners. Even the present optimization.
  • Tro_Mid Shows when to sell and when to buy, but not so simple.
  • Tickwatcher 2.0 Another indicator showing recommendations for each currency pair and period.

The most popular forum topics:

22 new topics on forum:

and 19 more...

New publications in CodeBase

19 new topics on forum:

and 16 more...
There are more than 15 150 topics available on forum

Published article "Comparative Analysis of 30 Indicators and Oscillators".

Comparative Analysis of 30 Indicators and Oscillators

The article describes an Expert Advisor that allows conducting the comparative analysis of 30 indicators and oscillators aiming at the formation of an effective package of indexes for trading.

16 new topics on forum:

and 13 more...

The most popular forum topics:

6 new topics on forum:

and 3 more...

New publications in CodeBase

  • Modified Indicator KDJ and KDJ Automated Trading System Indicator KDJ deactivates short-term fluctuations. It carries on a parameter to adjust and increase two new RSV index lines: close price of short-term volatility KDC: K-D difference, to determine the change of price trends and to open positions.
  • FX-CHAOS_SCALP Draft daily trend-following EA that trades using ZIGZAG-FRACTALS on high/low of the preceding bar on a one-hour chart. TakeProfit is 13 points.
  • TRAYLER+ I supposed to use the EA for trailing, but added graphical order management to it while programming.
  • Volatility.mq4 The indicator shows the volatility of a currency pair. This knowledge may be very helpful when using one strategy or another.

8 new topics on forum:

and 5 more...

New publications in CodeBase

  • MACD_color The indicator colored in the AC/AO style with disabled zero bar. It is proposed not to display the forming bar of the indicator, but to show only a signal line of the bar being formed.
  • Support - Resistance A version of indicators to detect Support/Resistance levels.
  • Pattern Searching ZigZag Building in the current window a ZigZag calculated on a larger timeframe.

9 new topics on forum:

and 6 more...

New publications in CodeBase

10 new topics on forum:

and 7 more...
There are more than 15 080 topics available on forum

The most popular forum topics:

Published article "Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization".

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization

This article dwells on implementation algorithm of simplest trading systems. The article will be useful for beginning traders and EA writers.

There are more than 800 codes published in Codebase

New publications in CodeBase

  • Graphical Calculator It allows you to calculate profits, StopOuts, and margin, just moving in the chart three lines that correspond with the opening level, StopLoss and TakeProfit of the position.
  • Clock v 1.3 The indicator shows in the chart the current time in different time zones.
  • FX-CHAOS - SECOND EDITION Trading strategy named Fx-chaos is the result of integration of Bill Williams' Chaos Theory, A. Elders' trading strategy (triple choice), and Ryan Jones' Fixed Ratio money management method.
  • RelDownTrLen The indicator displays the ratio between the length of the current down-trend (in bars) and the total length of the period barsToProcess (of course, in bars, as well) where the down-trend is searched for.
  • RelUpTrLen The indicator represents the ratio between the length of the up-trend found and the length of the entire range where the indicator is searching for an up-trend.

13 new topics on forum:

and 10 more...

New publications in CodeBase

  • Moving Average Trade System The strategy is based on Moving Average with the periods of 5/20/40/60.
  • FX-TREND The indicator shows the trend on a daily chart(2) using indicator ZIGZAG-FRACTALS. It also shows the enter price for HIGH/LOW of the preceding bar on the current timeframe.
  • Fast_oscilator_2 A fast oscillatorб also suited for scalping.
  • Levels_A_Vlad The indicator shows support/resistance levels calculated using the methods by V.B. Antonov (A_Vlad).
  • BHS system A system based on "round" numbers.

Published article "Metalanguage of Graphical Lines-Requests. Trading and Qualified Trading Learning".

Metalanguage of Graphical Lines-Requests. Trading and Qualified Trading Learning

The article describes a simple, accessible language of graphical trading requests compatible with traditional technical analysis. The attached Gterminal is a half-automated Expert Advisor using in trading results of graphical analysis. Better used for self-education and training of beginning traders.

The most popular forum topics:

11 new topics on forum:

and 8 more...

13 new topics on forum:

and 10 more...

New publications in CodeBase

  • Rooks Returned One more interpretation of the well-known ZigZag. The indicator is written to work according the trading system described here: http://forum.fibo-forex.ru/viewtopic.php?t=1368 The indicator works with ZigZag by Rosh (Zigzag2_R_).
  • Short-Term Trends A trading strategy that works with short-term trends.
  • MTS "MoneyRain" This is an EA that increases the lot size after each profitable trade if it follows some losing trades.
  • 1-2-3 A realization of the method described at http://www.tradejuice.com/forex/forex-1-2-3-methode-mm.htm. The author of the realization is not the author of the method, so I don't vouch for the realization correctness.
  • Clear Exchange Transactions The indicator prints net positions for all currencies in the screen. This is a monitor of a multicurrency portfolio.

The most popular forum topics:

7 new topics on forum:

and 4 more...
There are more than 15 020 topics available on forum

9 new topics on forum:

and 6 more...

13 new topics on forum:

and 10 more...

New publications in CodeBase

The most popular forum topics:

13 new topics on forum:

and 10 more...

New publications in CodeBase

  • Signal_Bars_MFI The indicator displays helpful information for the trader.
  • #SF_Trend_Lines It draws a channel with recommendations.
  • "Forex Profit" System Indicators Parabolic SAR and Exponential Moving Average are used in the system.
  • Indicator Impulse CDC (Color) Indicator Impulse CD (Color) is a sequel of impulse approach. By users' requests, colors and signal line are added.
  • PrintText A toy script that demonstrate the way of displaying some text information in a chart.

19 new topics on forum:

and 16 more...
There are more than 14 970 topics available on forum
There are more than 770 codes published in Codebase

New publications in CodeBase

  • Percent_Levels The script draws a set of up/down levels that are at a certain-percentage distance from the price of the bar selected by user.
  • ZZ_All Quotings 0-0080 A script aimed at loading of history for all available currency pairs, metals, indexes, CFD, and at checking of history for "holes".
  • Flatter_V1 The script places stop orders. The orders are placed for the market/pending orders specified in custom variables High (variable Hi) and Low (variable Lo).
  • OzFx System OzFx to gain the profit of 100-800+ pips.
  • VLT_TRADER The system is based on volatility compression.

12 new topics on forum:

and 9 more...

The most popular forum topics:

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