MetaTrader 5

Various programs and MQL5 codes for your MetaTrader 5 terminal – download and study the code examples, or simply use the MT5 Indicators and Expert Advisors to improve trading results, minimize risks and increase profits.

Custom Bollinger Bands – indicator MetaTrader 5

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I developed this indicator to provide an alternative to the standard moving average methods in the MetaTrader 5 Bollinger Bands indicator, which only offer the ‘simple’ method. With my indicator, users have the option to select from additional methods including Exponential, Smoothed, and LinearWeighted. To utilize this indicator, you need to place it in a … Read more

AUTO PIVOTS for MT5 – indicator MetaTrader 5

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AUTO PIVOTS for MT5 - indicator for MetaTrader 5
Pivots are well known price action indicator . #property link      ” #property version   “1.00” #property indicator_plots 0 #property indicator_chart_window #property strict input color WeeklyColors = Yellow; input color MonthlyColors = Orange; input bool Use_Sunday_Data   = true; input bool Daily             = true; input bool Daily_SR_Levels   = true; input bool Weekly            = true; input bool Weekly_SR_Levels  = false; input bool … Read more

Check Last Closed Trade (Profit / Type / Symbol etc.) – EA MetaTrader 5

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Check Last Closed Trade (Profit / Type / Symbol etc.) - expert for MetaTrader 5
With this code block, you can get the last closed trade data without using loops.  Create a variable to set the current day start time. (This is not necessary to do.) Create some other variables to print a chart output and use if in other code blocks as well. (This is not necessary to do.) Using … Read more

QuickTradeKeys123 – EA MetaTrader 5

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QuickTradeKeys123 - expert for MetaTrader 5
Details: The QuickTradeKeys 123 EA is designed to facilitate efficient and rapid market responses. With just one keystroke, users can trade directly from the chart view. Here’s a brief summary of its functionality: Key ‘1’: Opens a buy position with a predefined lot size. Key ‘2’: Opens a sell position with a predefined lot size. … Read more

Simple Yet Effective Breakout Strategy – EA MetaTrader 5

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Simple Yet Effective Breakout Strategy - expert for MetaTrader 5
This breakout strategy is the base for our QAlpha StockTrend product:  You can freely modify/add your own filters to create your own unique version of this strategy. The basic premise of the strategy: Buy/Cover as soon as the price breaks above n bars high Short/sell as soon as the price breaks below n bars low Backtested on … Read more

Code blocks for “Counters” like Count “X” time and pass – EA MetaTrader 5

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Code blocks for "Counters" like Count "X" time and pass - expert for MetaTrader 5
01. Count “X” Times and then pass. Step 01 – Created a variable for set the count limit. you can use it as an input parameter as well of optimization in your code.  Step 02 – Create another variable to store the counted limit (How many times it has been counted). Step 03 – Once … Read more