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MACD Threshold Value Alert - indicator for MetaTrader 5

Development of the MACD Threshold Value version. When a signal line is found above or below one of the ' Threshold ' lines, an alert is triggered.
IMACD (Moving Average Convergence / Divergence, MACD) indicator with two levels (two threshold values). The levels are displayed as lines, but are drawn by indicator buffers.

Tags: macd, metatrader, metatrader 5, mq5, mql5, mt5

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Table of Contents

• Introduction
• General
  
  • What Are Overbought/Oversold Zones in terms of the Process Dynamics
  • On Accuracy in Detecting the Overbought/Oversold Zones
  • Consequences of Entering the Market When in the Overbought/Oversold Zone
  • Evaluating Losses Related to the Risk of Opening a Position in Overbought/Oversold Zones
  • Consequences of Exiting the Market When in the Overbought/Oversold Zone
  
  
• Pros and Contras of Using Conventional Indicators to Detect Overbought/Oversold Zones

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Tags: bearish, bullish, market condition, metatrader, metatrader 5, mq5, mql5, mt5

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Account Watch - Control entries - indicator for MetaTrader 5

If you can't watch your statistics and your game plan at all time, your emotions will take control and you will start taking ENTRIES such as revenge trade especially when you lose it. So that is why I wanted to keep an eye on my stats and my game plan at all time, in order to control my emotions.

I came up with this indicator that will allows me to keep an eye

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Tags: metatrader, mq5, mql5, mt4, mt5

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New MetaTrader 5 Platform Build 2485: iCustom improvements and overall optimization in MQL5

The MetaTrader 5 platform update will be released on Friday, June the 5th, 2020.

Recompile your products in the Market

We urge the programmers who publish their products in the Market to recompile files using the new platform version and to upload the updated files into the Market. The current version provides important fixes concerning switch to the new LLVM compiler

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Tags: metatrader 5, mq5, mql5, mt5

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Interesting indicators were coded for MQL5 CodeBase based on June 2020 TASC article "Correlation as a cycle indicator" by John Ehlers

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In his June 2020 TASC article "Correlation as a cycle indicator" John Ehlers describes one possible way to determine trend in the markets. His article describes 3 possible ways of determining the trend and here we shall post all the 3 possible ways.

1. Correlation market state - indicator for

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Tags: ehlers, metatrader 5, mq5, mql5, mt5

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