📢 mt5compat a comprehensive mt4 to mt5 conversion library🚀 a new interface libraryhas been developed to simplify the process of converting mt4 indicators and expert advisors (eas) ...
description of purpose:the script minmargins.mq5 is designed to help traders quickly calculate and document the minimum amount of money required to open a position with the smalles...
the indicator draws the nearest levels of the specified price range.in the settings, you can choose what to measure the range in, points or percentages.the principle of the indicat...
this is a free example of an automated tool designed to close open positions at the optimal moment, combining two of the most effective technical analysis indicators: bollinger ban...
features: automatically calculates fibonacci levels on bollinger bands. provides a unique perspective for breakout and reversal trades. fully compatible with metatrader 5. perfect ...
this library contains more than 80 different functions to deal with time variables. the primary aim is to provide high-performance time functions. the performance mode (which can b...
double zigzag draws virtual buy and sell levels on the price chart.the tp and sl sizes are set in the settings and the indicator draws two zigzags: one draws the extremes of the bu...
1. you can display the level lines that correspond to the last extremes (maximum / minimum) of the zigzag. 2. enable displaying the size of the waves in points. indicates how many...
open-source project: marketpredictor for metatrader 5hello everyone,i’m excited to introduce my open-source project, marketpredictor, an innovative expert advisor (ea) for metatrad...
a simple demonstration to show how it's possible to code profit and loss labels for the most recently closed deals.this ea will place dummy trades, so you can see how it looks in t...
this is a pretty simple startegy that follows trend. recommended time frame is d1. when close price brakes up the ema build based on high prices given that rsi is above 55 - exper...
purpose users may collect data for modelling. time dummies are frequently used in economic modelling. the simple indicator below, which can easily be expanded upon, provides each h...
copy these into any ea you are busy coding and you"ll have a trailing sl.the only things you'll need to change would probably be inpmagic for your magic number or you could just co...
this script is a reference solutiondesigned to help developers and metatrader 5 users solve a common problem: the mismatch between configured symbol names and the actual names prov...
update: the positions will only be opened after the bearish or bullish candle. indicators such as moving average and bollinger bands removed from the chat after closing the ea. sm...
this is a simple indicator to calculate moving averages based on timeframe that currently viewed.the calculations are generally based on timeframe window and moving average's perio...
the indicator shows the names of the days of the week, as text labels on the chart.the indicator has input parameters:it shows labels on chart as follow...
this script was developed for displaying saved strategy report from the strategy tester into a chart.follow these steps:put report_into_chart.mql5 into ¨\mql5\scripts" folder. comp...
settings and parameters general parametersmomentum periodthe number of candles used to calculate momentum.recommended value: 14(the higher the value, the smoother the curve, but wi...
description: the "symbol swap panel" is a versatile utility designed for traders seeking to manage their chart symbols and market watch more efficiently. this tool allows you to ea...
description: the "symbol swap panel" is a versatile utility designed for traders seeking to manage their chart symbols and market watch more efficiently. this tool allows you to ea...
the market watch panel utility provides real-time monitoring of financial symbols, displaying key data like close prices in a clean and intuitive interface. designed for metatrader...
unfortunately, i discovered that some brokers are a bit sloppy with the server timechange due to the daylight saving time (dst), which i did not expect and which surprised me a lot...
here are some differences and advancements:- the zigzag has two modes "oscillator" and "highlow". the oscillator mode will show a visual oscillation of the zigzag swings, even thou...
this expert advisor (ea) demonstrates how to use the mql5 calendar to create an automated trading system that reacts to high-impact forex news events. the main goal of this code is...
input parameters showbodysize(default = false) — if true, a candle's body size will also be shown.havepipettes(default = false) — if true, the indicator will assume that the curren...
input parameters showbodysize(default = false) — if true, a candle's body size will also be shown.havepipettes(default = false) — if true, the indicator will assume that the curren...
english explanation: using the closeallordersea in metatrader 4 offers several benefits: emergency closure: in case of unexpected market movements or if you need to exit all posi...
negative volume index (nvi)is a free technical indicator for advanced chart analysis in mt4, mt5 platforms. it is based on tick volume (can be substituted with real volume in mt5) ...
negative volume index (nvi)is a free technical indicator for advanced chart analysis in mt4, mt5 platforms. it is based on tick volume (can be substituted with real volume in mt5) ...
breakeven line indicatoris a metatrader indicator that calculates breakeven level based on all open positions and displays it on your chart as a horizontal line. additionally, it w...
breakeven line indicatoris a metatrader indicator that calculates breakeven level based on all open positions and displays it on your chart as a horizontal line. additionally, it w...
input parameters ma_period (default = 50) — a period of the 3rd generation moving average. ma_sampling_period (default = 220) — a sampling period of the 3rd generation moving avera...
input parameters ma_period (default = 50) — a period of the 3rd generation moving average. ma_sampling_period (default = 220) — a sampling period of the 3rd generation moving avera...
input parameters aroonperiod (default = 14) — the period in chart bars for the indicator to look up for the bottoms and the tops. as with many other indicators, the higher is the p...
input parameters aroonperiod (default = 14) — the period in chart bars for the indicator to look up for the bottoms and the tops. as with many other indicators, the higher is the p...
basing candlesticks metatrader indicator— is an automatic indicator that detects and marks basing candles on the chart. a basing candle is a candle with body length less than 50% o...
basing candlesticks metatrader indicator— is an automatic indicator that detects and marks basing candles on the chart. a basing candle is a candle with body length less than 50% o...
bb macd metatrader indicator— is a basic macd (moving average convergence divergence) indicator variation, which helps in detecting the trend change points and measuring the curren...
bb macd metatrader indicator— is a basic macd (moving average convergence divergence) indicator variation, which helps in detecting the trend change points and measuring the curren...
input parameters allbars(default = 0) — the amount of bars to use for calculations (0 — all bars). there is no reason to change it.otstup(default = 30) — the number of percents tha...
input parameters allbars(default = 0) — the amount of bars to use for calculations (0 — all bars). there is no reason to change it.otstup(default = 30) — the number of percents tha...
bma metatrader indicatoror band moving average — was created by using the original moving average indicator and the idea from one of the site's visitors. the indicator displays its...
bma metatrader indicatoror band moving average — was created by using the original moving average indicator and the idea from one of the site's visitors. the indicator displays its...
bollinger squeeze advanced metatrader indicator— is a complex indicator consisting of two components:a measure of trendedness based on the bollinger bands and keltner channel "sque...