This strategy utilizes ADX and ATR indicators to gauge volatility. When the ADX value is less than 30, the strategy opens one buy stop and one sell stop at high + ATR (14) and low ...
The Corrected Average (CA) indicator, also known as the "optimal moving average", is a powerful tool for traders. Its key advantage lies in its ability to adapt to market condition...
There are numerous implementations of this concept. Why is this one different?This EA employs a novel approach to object manipulation, utilizing a true drag-and-drop principle impl...
This indicator is designed for use with constant range charts, such as Range Bars or Renko Boxes, rather than standard candle or bar charts.Constant range candles/bars have the sam...
Description:PSAR Trader is an expert advisor (EA) that utilizes the Parabolic SAR indicator for trading. It incorporates a time filter and is compatible with ECN brokers.The EA's s...
The MQL5 language offers a feature to retrieve information about input parameters, including their count, type, and values, through an indicator handle.This Expert Advisor demonstr...
The standard MACD indicator is calculated using specific formulas: the main line (MACD) is derived from the exponential moving average (EMA), while the signal line (signal) is base...
This Expert Advisor (EA) utilizes a breakout strategy combined with money management techniques to trade across multiple currency pairs.It analyzes support and resistance levels fo...
This indicator computes the median of an odd span. The median is described as the numerical value separating the higher half of a sample, or a probability distribution, from the lo...
The Expert Advisor operates using a single indicator on the M5 timeframe with lots ranging from 5 to 15. Trading is executed with consistent parameters.Fig. 1. Pirat's Expert Advis...
This is a fast and efficient Zig Zag indicator with optimized peak retrieval.Advantages:- The indicator replaces all cycles for peak retrieval with arraybsearch, making it faster t...
A versatile multicurrency trend indicator designed for flexibility and customization.This indicator allows you to adapt it to your preferred timeframes and currency pairs.To custom...
This indicator provides buy or sell signals and entry levels. It is recommended for use on M5 or higher timeframes.Important:- Do not open a new trade immediately when the status (...
This Expert Advisor (EA) is designed to address the challenge of creating hedged positions in MetaTrader 5, which does not natively support multi-directional positions.The EA opens...
This indicator calculates the last average price for a symbol and determines the trend direction, providing a signal for potential trade operations.Recommended Timeframe: M1.The We...
This indicator provides a visual representation of the spread dynamics on your charts.It displays the minimum (red), average (green), and maximum (blue) spread values as a histogra...
The Choppy Market Index (CMI) is a versatile indicator designed to assess market stability and trend probability. The indicator values range from 0 to 100, where higher values indi...
Script to capture wide screenshots when your monitor's width is insufficient to display the entire chart.The script generates images with a length of 1500 bars, allowing you to cap...
jj n-bee is a scalper system that displays entry, take-profit, and stop-loss levels. It is designed for use on M5 charts or higher timeframes.The take-profit and stop-loss levels a...
Scalper system that displays entry, take-profit, and stop-loss levels. Designed for use on M5 or higher timeframes.Take-profit and stop-loss values are derived from the ATR indicat...
A class designed for efficient matrix operations and manipulations.This class provides a structured approach to working with matrices, offering a range of methods for various mathe...
The EA includes a time filter and supports ECN brokers. The non-straightforward settings are explained below:CloseOnOpposite - If true, when an opposite signal is given, all trades...
X Trader is an expert advisor (EA) designed for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, offering a simple yet effective trading strategy based on moving average crosso...
Two-line MACD.This indicator is available by default in a great deal of trading platforms, but it cannot be found in MetaTrader 5.The indicator was first implemented in MQL4 and pu...
MetaQuotesThis simple function returns a string of decrypted code of the trade operation result from after executing the function:Alternatively, it can return a string from MqlTrad...
This function calculates the lot size based on the available funds in the deposit currency. The input parameters are:- Currency- Risk percentage- Stop loss in pointsThe function ut...
In this library, you'll find two functions: ibandsfunc and imacdfunc. These functions enhance the calculation capabilities of their respective indicators, making them suitable for ...
This Expert Advisor (EA) is designed to identify and trade bullish reversal candlestick patterns. The EA has been tested on daily charts, but further development is required for op...
Pentuple Exponential Moving Average is a technical indicator that combines multiple exponential moving averages to provide a more accurate and responsive trend signal.Introduction ...
QEMA - Quadruple Exponential Moving Average.QEMA is calculated as: QEMA = TEMA + DEMA(Y - TEMA).QEMA is set to 50, and the EURUSD D1 modification is based on the original TEMA to c...
These scripts provide customizable Fibonacci retracement and extension tools for MetaTrader 4/5 platforms.With these scripts, you can save your preferred Fibonacci levels and easil...
Indicator Money Flow Index (MFI) uses typical price for its creation. This version allows you to select all types of price.Input Parameters:- Applied Price:0 – Close Price1 – Open ...
This Expert Advisor (EA) is designed to open buy, sell, or both trades at a specified time, making it versatile for various trading strategies.Key features include:- Hedging: Usefu...
Calculates the profit from opened trades on the current chart if the price reaches a specified level. This level is where the script will be dropped. Pending orders are not include...
The Bollinger's Difference (BoDi) indicator is derived from the well-known Bollinger Bands. Bollinger Bands consist of two lines placed above and below a moving average, plotted at...
The Momentum Color Fill indicator is a powerful tool for traders using the MetaTrader 4/5 platform. It enhances the standard Momentum indicator by adding a visual representation of...
While exploring MQL5, I unexpectedly stumbled upon the need to assemble a MySQL library. As with any library, the accompanying examples demonstrate its practical usage. These examp...
This function is designed to identify weekends on a server, aiding in efficient resource management for Expert Advisors (EAs) utilizing the OnTimer() function.The DaysofWeekCheck()...
The OpenBuyPosition script is designed to facilitate buying with predefined stop loss and take profit values in points relative to the current price.Key Features:- Fixed Stop Loss ...
This script facilitates buying with predetermined stop loss and take profit values in points relative to the current price.Key Features:- Fixed Deal Volume: Utilizes the mm (money ...
Hello dear traders,By popular demand, I present to you the advisor vr --- setka --- 3.This advisor is designed based on my extensive trading experience, recognizing the chaotic nat...
This is a 5-indicator suite named 'The Height of the Period'. It offers traders a reliable toolset within the MetaTrader platform. Adhering to MT4/MT5 standards, it ensures seamles...
The indicator utilizes the channel generated based on the common moving average. It displays a portion of the channel, indicating the breakout direction, which serves as a current ...