9 new topics on forum:
- How to fix the EA sleep during time filter ?
- How to remove built-in Indicator lines on Strategy tester in Visual Mode?
- Failure to login on MT4 with my MQL5 community account
2025.02.04
2025.02.04
Bestsellers in the Market:
2025.02.04
2 new signals now available for subscription:
2025.02.04
Published article "Build Self Optimizing Expert Advisors in MQL5 (Part 5): Self Adapting Trading Rules".
The best practices, defining how to safely us an indicator, are not always easy to follow. Quiet market conditions may surprisingly produce readings on the indicator that do not qualify as a trading signal, leading to missed opportunities for algorithmic traders. This article will suggest a potential solution to this problem, as we discuss how to build trading applications capable of adapting their trading rules to the available market data.
2025.02.04
Published article "Developing a Replay System (Part 57): Understanding a Test Service".
One point to note: although the service code is not included in this article and will only be provided in the next one, I'll explain it since we'll be using that same code as a springboard for what we're actually developing. So, be attentive and patient. Wait for the next article, because every day everything becomes more interesting.
2025.02.04
New publications in CodeBase
- Smart Trend Follower This EA is designed to automatically follow market trends using signals from the Moving Average and Stochastic Oscillator indicators. The EA detects buy and sell signals by utilizing MA crossovers and confirms the trend with Stochastic. Additionally, the EA includes automatic position management, such as setting Take Profit, Stop Loss, and lot size doubling to enhance trading effectiveness in trending markets.
- Trade Assistant MT5 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
- Trade Assistant MT4 Trade Assistant MetaTrader indicator — a multi-timeframe indicator that is based on three standard indicators: Stochastic oscillator, RSI (Relative Strength Index), and CCI (Commodity Channel Index). It displays current trend directions for M1, M5, M15, M30, H1, H4, D1, W1, and MN1 timeframes. When you follow such an indicator you have a clear picture of the trends across all important timeframes. It doesn't matter which timeframe you attach this indicator to. The indicator can be downloaded for MT4 and MT5.
2025.02.03
The most downloaded free products:
2025.02.03
Bestsellers in the Market:
2025.02.03
2025.02.03
The most popular forum topics:
- Discussion of article "Payments and payment methods" 39 new comments
- Features of the mql5 language, subtleties and tricks 13 new comments
- Withdrawal to bank cards : anyone with useful experience ? 10 new comments
2025.02.03
There are more than 1,980 articles published on site
2025.02.03
Published article "Automating Trading Strategies in MQL5 (Part 5): Developing the Adaptive Crossover RSI Trading Suite Strategy".
In this article, we develop the Adaptive Crossover RSI Trading Suite System, which uses 14- and 50-period moving average crossovers for signals, confirmed by a 14-period RSI filter. The system includes a trading day filter, signal arrows with annotations, and a real-time dashboard for monitoring. This approach ensures precision and adaptability in automated trading.
2025.02.03
New publications in CodeBase
- Portable Moving Average Calculate a moving average in one function call. Code that can easily be transported between different projects.
- Total Power Indicator MT5 Total Power Indicator (MetaTrader indicator) — is based on the two standard indicators — Bear Power and Bull Power. The indicator calculates how many bullish and bearish bars were there during a given look-back period and then calculates the proportional index for bears, bulls, and total (calculated as the absolute difference between bulls and bears) for the current bar. This way, we get continuous lines of the relative average bear and bull power over a period, removing the main disadvantage of the original Bear/Bull Power indicators — the lack of a long-term perspective. The original MetaTrader 4 version of Total Power Indicator was created by Daniel Fernandez of Asirikuy.com in 2011. The version for MT5 is now also available.
- TD Sequential Ultimate MT5 TD Sequential Ultimate MetaTrader indicator shows all parts of the TD Sequential method developed by the legendary technical analyst, Tom DeMark. TD Sequential Ultimate displays Buy and Sell Setups, including the Setup Perfection arrows, Buy and Sell Countdowns, including the failed count 13 attempts, and TDST Support and Resistance levels. Unlike many other implementations of the TD Sequential method, this indicator offers multiple improvements:
- Coppock MT5 indicator Coppock MetaTrader indicator — is an implementation of the famous Coppock curve indicator first created by Edward Coppock in 1962. The indicator shows long-term buy and sell opportunities (classically, it is used for only buying) by measuring the weighted moving average (with a period of 10) of the sum of two rates of change (with a period of 14 and 11). It is the classical version. In this MetaTrader version, you can modify the parameters of the basic indicators. You can use this Coppock indicator in MT4 and MT5.
- Support and Resistance MT5 Support and Resistance MetaTrader indicator — as the name of this indicator suggests, it displays the support and resistance levels. It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target. This indicator uses the standard MetaTrader Fractals indicator (by Bill Williams' method) and has no changeable input parameters. This indicator is available for MetaTrader version 4 and 5.
- Spread indicator MT5 Spread MetaTrader indicator — displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. The indicator is available for both MT4 and MT5.
- Total Power Indicator MT4 Total Power Indicator (MetaTrader indicator) — is based on the two standard indicators — Bear Power and Bull Power. The indicator calculates how many bullish and bearish bars were there during a given look-back period and then calculates the proportional index for bears, bulls, and total (calculated as the absolute difference between bulls and bears) for the current bar. This way, we get continuous lines of the relative average bear and bull power over a period, removing the main disadvantage of the original Bear/Bull Power indicators — the lack of a long-term perspective. The original MetaTrader 4 version of Total Power Indicator was created by Daniel Fernandez of Asirikuy.com in 2011. The version for MT5 is now also available.
- TD Sequential Ultimate MT4 TD Sequential Ultimate MetaTrader indicator shows all parts of the TD Sequential method developed by the legendary technical analyst, Tom DeMark. TD Sequential Ultimate displays Buy and Sell Setups, including the Setup Perfection arrows, Buy and Sell Countdowns, including the failed count 13 attempts, and TDST Support and Resistance levels. Unlike many other implementations of the TD Sequential method, this indicator offers multiple improvements:
- Support and Resistance MT4 Support and Resistance MetaTrader indicator — as the name of this indicator suggests, it displays the support and resistance levels. It shows them directly on the chart, providing an easy help when you want to set stop-loss or take-profit level, or when you want to see the next market target. This indicator uses the standard MetaTrader Fractals indicator (by Bill Williams' method) and has no changeable input parameters. This indicator is available for MetaTrader version 4 and 5.
- Spread indicator MT4 Spread MetaTrader indicator — displays current spread in the main window of the chart. You can modify the font parameters, indicator's position and the normalization of the spread value. The spread is redrawn after each tick, ensuring the most current and active spread value. This can be useful for brokers with variable spreads or with spreads that are widened often. You can also enable a spread label to be shown near the current Bid line. The indicator is available for both MT4 and MT5.
2025.02.03
Published article "From Basic to Intermediate: Variables (II)".
Today we will look at how to work with static variables. This question often confuses many programmers, both beginners and those with some experience, because there are several recommendations that must be followed when using this mechanism. The materials presented here are intended for didactic purposes only. Under no circumstances should the application be viewed for any purpose other than to learn and master the concepts presented.
2025.02.03
Published article "Chaos theory in trading (Part 2): Diving deeper".
We continue our dive into chaos theory in financial markets. This time I will consider its applicability to the analysis of currencies and other assets.
2025.02.02
The most downloaded free products:
2025.02.02
Bestsellers in the Market:
2025.02.02
Most downloaded source codes this week
- MQL5 Programming for Traders – Source Codes from the Book. Part 1 The first chapter of the book introduces the MQL5 language and development environment. One of the new features introduced in the MQL5 language compared to MQL4 (MetaTrader 4 language) is support for object-oriented programming (OOP), which makes it similar to C++.
- MQL5 Programming for Traders – Source Codes from the Book. Part 7 The final seventh part of the book discusses the advanced capabilities of the MQL5 API, which will be useful when developing programs for MetaTrader 5. These include custom financial symbols, built-in economic calendar events, and general-purpose technologies such as networking, databases, and cryptography.
- MQL5 Programming for Traders – Source Codes from the Book. Part 3 Part 3 "Object Oriented Programming in MQL5" offers an immersion into the world of object-oriented programming (OOP) in the MQL5 language. Software development often involves the complexity related to the management of multiple entities, requiring advanced technology to improve programming convenience, productivity, and quality.
2025.02.02
Most read articles this week
How to purchase a trading robot from the MetaTrader Market and to install it?
A product from the MetaTrader Market can be purchased on the MQL5.com website or straight from the MetaTrader 4 and MetaTrader 5 trading platforms. Choose a desired product that suits your trading style, pay for it using your preferred payment method, and activate the product.
Build Self Optimizing Expert Advisors in MQL5 (Part 4): Dynamic Position Sizing
Successfully employing algorithmic trading requires continuous, interdisciplinary learning. However, the infinite range of possibilities can consume years of effort without yielding tangible results. To address this, we propose a framework that gradually introduces complexity, allowing traders to refine their strategies iteratively rather than committing indefinite time to uncertain outcomes.
2025.02.02
New publications in CodeBase
- Schaff Trend Cycle MT5 Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very fast. It was developed by Doug Schaff, who assumed that the currency trends accelerate and decelerate in cycles. Its algorithm was made public in 2008. Schaff Trend Cycle tries to combine two different methods of determining the trend direction changes — MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 25 and 75. Optional alerts are available. You can download this indicator for MT4, MT5
- RSIOMA MT5 RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. The auxiliary histogram is shown for a quick-glance view of the current trend. The indicator is available for both MT4 and MT5 versions of the MetaTrader platform.
- Round Levels MT5 Round Levels MetaTrader indicator — an MT4/MT5 indicator that can display round levels and zones near them based on your configuration. It can be useful to trade off the natural psychological support and resistance zones. It can also issue alerts when the price is in either support or resistance zone.
- Recent High/Low Alert MT5 Recent High/Low Alert MetaTrader indicator — displays two bands of maximum and minimum levels across recent N candles. By default, the maximum band is displayed with a blue line; the minimum band is displayed with a yellow line. Additionally, it can invoke a popup alert, send an email alert, or issue a notification alert when the current price (Bid) breaks recent High or Low level. All alerts can be turned off. If you use the email alert feature, do not forget to set the email settings in your MetaTrader platform's options window. Same with push-notifications. The indicator is available for both MT4 and MT5.
- Schaff Trend Cycle MT4 Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very fast. It was developed by Doug Schaff, who assumed that the currency trends accelerate and decelerate in cycles. Its algorithm was made public in 2008. Schaff Trend Cycle tries to combine two different methods of determining the trend direction changes — MACD and smoothed stochastic oscillator. The value of the indicator fluctuates between 0 and 100. Two trigger levels are used — 25 and 75. Optional alerts are available. You can download this indicator for MT4, MT5
- RSIOMA MT4 RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they change from 0 to 100. The auxiliary histogram is shown for a quick-glance view of the current trend. The indicator is available for both MT4 and MT5 versions of the MetaTrader platform.
- Round Levels MT4 Round Levels MetaTrader indicator — an MT4/MT5 indicator that can display round levels and zones near them based on your configuration. It can be useful to trade off the natural psychological support and resistance zones. It can also issue alerts when the price is in either support or resistance zone.
- Recent High/Low Alert MT4 Recent High/Low Alert MetaTrader indicator — displays two bands of maximum and minimum levels across recent N candles. By default, the maximum band is displayed with a blue line; the minimum band is displayed with a yellow line. Additionally, it can invoke a popup alert, send an email alert, or issue a notification alert when the current price (Bid) breaks recent High or Low level. All alerts can be turned off. If you use the email alert feature, do not forget to set the email settings in your MetaTrader platform's options window. Same with push-notifications. The indicator is available for both MT4 and MT5.
2025.02.01
The most downloaded free products:
2025.02.01
2025.02.01
Bestsellers in the Market:
2025.02.01
3 new signals now available for subscription:
2025.02.01
New publications in CodeBase
- Range Expansion Index (REI) MT5 Range Expansion Index (MetaTrader indicator) — is a relative oscillator indicator that measures the pace of the price changes and signals overbought/oversold states if the price demonstrates weakness or strength. It was developed by Tom DeMark and explained in his book The New Science of Technical Analysis. The value of the indicator changes from -100 to +100. The REI is an enhanced oscillator because it tries to remain calm during the range trading and indicates signals only when the significant peaks or bottoms are spotted. You can download this indicator both for MT4 and MT5.
- Rainbow Multiple Moving Average (RMMA) MT5 Rainbow Multiple Moving Average (RMMA) MetaTrader indicator — is a very simple but visually informative indicator based on the standard moving average. It draws 66 rainbow-colored moving average lines of your preferred type and price directly in the main window of the chart. This indicator is available for both MT4 and MT5 versions of the trading platform.
- QQE Quantitative Qualitative Estimation MT5 QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators. As a result, you get two lines in a separate indicator window — the fast one and the slow one. There is also an important indicator level (50), which is used in signals. You can enable text, sound, and e-mail alerts for this indicator. This QQE implementation supports multi-timeframe analysis with upper timeframe display. The indicator is available for MT4, MT5
- Price Alert MT5 Price Alert MetaTrader indicator — can issue any type of alert when the price reaches certain levels set by a trader. There are three types of price levels: the first one is used when the price rises above certain level (displayed with the green line on the chart), the second one is used when the price falls below certain level (displayed with the red line on the chart), and the third one is used when the price reaches the certain level exactly (displayed with the yellow line). Three alert types include: native (popup), email, and push-notification. For email and push-notification alert features to work, you need to set up the email or MetaQuotes ID settings in your MetaTrader platform options window. The indicator is available for both MT4 and MT5.
- Point and Figure Indicator for MetaTrader 5 Point-and-Figure MetaTrader 5 indicator is an indicator that can plot a point-and-figure chart directly in the main window of your normal MT5 chart. You can set up all the point-and-figure method parameters, such as the box size and the reversal distance, according to your preference. In addition, you can control all the display parameters of the PnF chart. This point-and-figure indicator supports all sorts of alerts. It is based on real ticks data, and thus is available only for MT5.
- Range Expansion Index (REI) MT4 Range Expansion Index (MetaTrader indicator) — is a relative oscillator indicator that measures the pace of the price changes and signals overbought/oversold states if the price demonstrates weakness or strength. It was developed by Tom DeMark and explained in his book The New Science of Technical Analysis. The value of the indicator changes from -100 to +100. The REI is an enhanced oscillator because it tries to remain calm during the range trading and indicates signals only when the significant peaks or bottoms are spotted. You can download this indicator both for MT4 and MT5.
- Rainbow Multiple Moving Average (RMMA) MT4 Rainbow Multiple Moving Average (RMMA) MetaTrader indicator — is a very simple but visually informative indicator based on the standard moving average. It draws 66 rainbow-colored moving average lines of your preferred type and price directly in the main window of the chart. This indicator is available for both MT4 and MT5 versions of the trading platform.
- QQE Quantitative Qualitative Estimation MT4 QQE MetaTrader indicator — or Quantitative Qualitative Estimation, is based on a rather complex calculation of the smoothed RSI indicators. As a result, you get two lines in a separate indicator window — the fast one and the slow one. There is also an important indicator level (50), which is used in signals. You can enable text, sound, and e-mail alerts for this indicator. This QQE implementation supports multi-timeframe analysis with upper timeframe display. The indicator is available for MT4, MT5
- Price Alert MT4 Price Alert MetaTrader indicator — can issue any type of alert when the price reaches certain levels set by a trader. There are three types of price levels: the first one is used when the price rises above certain level (displayed with the green line on the chart), the second one is used when the price falls below certain level (displayed with the red line on the chart), and the third one is used when the price reaches the certain level exactly (displayed with the yellow line). Three alert types include: native (popup), email, and push-notification. For email and push-notification alert features to work, you need to set up the email or MetaQuotes ID settings in your MetaTrader platform options window. The indicator is available for both MT4 and MT5.
2025.01.31
The most downloaded free products:
2025.01.31
Bestsellers in the Market:
2025.01.31
The most popular forum topics:
- What to feed to the input of the neural network? Your ideas... 20 new comments
- Discussion of article "Payments and payment methods" 19 new comments
- How to code a message indicating that an EA is NOT working on VPS? 15 new comments
2025.01.31
Published article "Generative Adversarial Networks (GANs) for Synthetic Data in Financial Modeling (Part 2): Creating Synthetic Symbol for Testing".
In this article we are creating a synthetic symbol using a Generative Adversarial Network (GAN) involves generating realistic Financial data that mimics the behavior of actual market instruments, such as EURUSD. The GAN model learns patterns and volatility from historical market data and creates synthetic price data with similar characteristics.
2025.01.31
Published article "MQL5 Wizard Techniques you should know (Part 53): Market Facilitation Index".
The Market Facilitation Index is another Bill Williams Indicator that is intended to measure the efficiency of price movement in tandem with volume. As always, we look at the various patterns of this indicator within the confines of a wizard assembly signal class, and present a variety of test reports and analyses for the various patterns.
2025.01.31
Published article "Data Science and ML (Part 33): Pandas Dataframe in MQL5, Data Collection for ML Usage made easier".
When working with machine learning models, it’s essential to ensure consistency in the data used for training, validation, and testing. In this article, we will create our own version of the Pandas library in MQL5 to ensure a unified approach for handling machine learning data, for ensuring the same data is applied inside and outside MQL5, where most of the training occurs.
2025.01.31
New publications in CodeBase
- Pinbar Detector MT4 Pinbar Detector is a MetaTrader indicator that tries to detect Pinbars (also known as "Pin-bar" or "Pin bar") and marks them by placing a "smiling face" symbol below the bullish Pinbars and above the bearish Pinbars. It is a pure price action indicator, which is not using any standard technical indicators in its code. The configuration of Pinbar detection can be done via the indicator's input parameters. Pinbar Detector can issue platform alerts and email alerts on detection. The indicator is available both for MT4 and MT5 versions of the trading platform.
- Pinbar Detector MT5 Pinbar Detector is a MetaTrader indicator that tries to detect Pinbars (also known as "Pin-bar" or "Pin bar") and marks them by placing a "smiling face" symbol below the bullish Pinbars and above the bearish Pinbars. It is a pure price action indicator, which is not using any standard technical indicators in its code. The configuration of Pinbar detection can be done via the indicator's input parameters. Pinbar Detector can issue platform alerts and email alerts on detection. The indicator is available both for MT4 and MT5 versions of the trading platform.
- Keltner Channel MT5 Keltner Channel (MetaTrader indicator) — is a classical technical analysis indicator developed by Chester W. Keltner in 1960. The indicator is somewhat similar to the Bollinger Bands and Envelopes. It uses three plot lines: the middle line is the 10-day simple moving average applied to the typical price ((high + low + close) / 3), the upper and the lower bands are produced by adding and subtracting the moving average of the daily price range (High and Low difference) from the middle line. This way, a volatility-based channel is built. In this version of the indicator you can modify all the parameters of the MA. The indicator is available both for MT4 and MT5 versions of the platform.
- Gain/Loss Info MT5 Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5.
- Keltner Channel MT4 Keltner Channel (MetaTrader indicator) — is a classical technical analysis indicator developed by Chester W. Keltner in 1960. The indicator is somewhat similar to the Bollinger Bands and Envelopes. It uses three plot lines: the middle line is the 10-day simple moving average applied to the typical price ((high + low + close) / 3), the upper and the lower bands are produced by adding and subtracting the moving average of the daily price range (High and Low difference) from the middle line. This way, a volatility-based channel is built. In this version of the indicator you can modify all the parameters of the MA. The indicator is available both for MT4 and MT5 versions of the platform.
- Gain/Loss Info MT4 Gain/Loss Info MetaTrader indicator — displays the gains and losses for all candles where the given threshold is surpassed. The values are calculated in points and percentage. The indicator can calculate gain/loss in two modes: plain candlestick Close and Open difference, and as difference between current Close and previous Close. You can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. The indicator is available for both MT4 and MT5.
2025.01.30
The most downloaded free products:
2025.01.30
Bestsellers in the Market:
2025.01.30
2 new signals now available for subscription:
2025.01.30
2025.01.30
Published article "Price Action Analysis Toolkit Development (Part 10): External Flow (II) VWAP".
Master the power of VWAP with our comprehensive guide! Learn how to integrate VWAP analysis into your trading strategy using MQL5 and Python. Maximize your market insights and improve your trading decisions today.
2025.01.30
Published article "Developing a multi-currency Expert Advisor (Part 16): Impact of different quote histories on test results".
The EA under development is expected to show good results when trading with different brokers. But for now we have been using quotes from a MetaQuotes demo account to perform tests. Let's see if our EA is ready to work on a trading account with different quotes compared to those used during testing and optimization.
2025.01.30
Published article "Automating Trading Strategies in MQL5 (Part 4): Building a Multi-Level Zone Recovery System".
In this article, we develop a Multi-Level Zone Recovery System in MQL5 that utilizes RSI to generate trading signals. Each signal instance is dynamically added to an array structure, allowing the system to manage multiple signals simultaneously within the Zone Recovery logic. Through this approach, we demonstrate how to handle complex trade management scenarios effectively while maintaining a scalable and robust code design.