Trend Equilibrium Indicator TrendEQ – indicator MetaTrader 5

Trend Equilibrium Indicator TrendEQ - indicator for MetaTrader 5
Settings and Parameters General Parameters Momentum PeriodThe number of candles used to calculate momentum.Recommended value: 14(The higher the value, the smoother the curve, but with a lag.) Volatility PeriodThe number of candles used to calculate volatility.Recommended value: 14 Scaling FactorThe scaling factor adjusts the indicator calculation to produce a readable curve.Default value: 100000 Thresholds Overbought … Read more

Strategy report output into a chart – script MetaTrader 5

Blue and red arrows displaying deals
Follow these steps: Put report_into_chart.mql5 into ¨\MQL5\Scripts” folder. Compile report_into_chart.mql5 and get report_into_chart.ex5. Unzip StrategyTester.zip and put StrategyTester.html into ¨\MQL5\Files” folder. Refresh your Metatrader 5. Run report_into_chart script from Metatrader and all deals will be displayed on the selected chart as blue (buy positions) or red (sell positions) arrows. Later you can replace StrategyTester.html file with … Read more

Moving Average MTF – indicator MetaTrader 4

Moving Average MTF - indicator for MetaTrader 4
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 period defined. The following chart is on M15 timeframe shows an Exponential Moving Average on close price with period of 16. while this following chart is on the M5 timeframe, shows … Read more

BollingerBandsEA – EA MetaTrader 5

BollingerBandsEA - expert for MetaTrader 5
BollingerBandsEA trades according to Bollinger Bands. If the lower line is broken downwards, ES places a buy order and vice versa the sell position. The following settings are integrated: Magic number Fixed volume Percent volume Volume type Risk for Position Lots Stoploss in points Trading (minutes) begins after session start Trading (minutes) end before session Close … Read more

Script to Map Market Watch Symbols Based on Similarity – script MetaTrader 5

Script to Map Market Watch Symbols Based on Similarity - script for MetaTrader 5
This script is a reference solution designed to help developers and MetaTrader 5 users solve a common problem: the mismatch between configured symbol names and the actual names provided by brokers. As a developer, I have faced this challenge when working on configurable Expert Advisors (EAs), especially those that handle multi-symbol strategies. It is common … Read more

Buffers for each hour (binary) and an hour buffer from 0-23 – for data collection purposes – indicator MetaTrader 5

Buffers for each hour (binary) and an hour buffer from 0-23 - for data collection purposes - indicator for MetaTrader 5
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 hour as a binary buffer array vector. A final buffer array vector stores the hour itself. If data from other indicators is being collected to a CSV, for … Read more