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  1. New MetaTrader 5 Platform Build 2485

    by , 06-05-2020 at 07:00 AM
    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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  2. Indicators based on June 2020 TASC article "Correlation as a cycle indicator" by John Ehlers

    by , 06-03-2020 at 04:32 PM
    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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  3. Dynamic Trend indicator with arrows

    by , 04-12-2020 at 01:44 PM
    Dynamic_Trend - indicator for MetaTrader 5

    Name:  Dynamic_Trend1.png
Views: 33
Size:  19.9 KB

    The Dynamic Trend signal indicator draws a two-color trend direction line and adds signal arrows.
  4. ADXVMA for MT5

    by , 03-19-2020 at 10:26 AM
    ADXVMA - indicator for MetaTrader 5

    Name:  ADX11.png
Views: 28
Size:  23.6 KB
    ADXVMA is one new sort of a Moving Average.

    It uses modified ADX calculation for adapting Moving Average calculation. The process of adapting is so efficient that it filters out a lot of noise out of the market and produces longer periods of smooth values. That makes it useful for trending mode and for support / resistance usage too.
  5. Step average (atr based for MT5

    by , 03-18-2020 at 10:19 AM
    Step average (atr based) - indicator for MetaTrader 5

    Name:  stepatr1.png
Views: 41
Size:  17.5 KB

    It is using percent of ATR (Average True Range) as a filter. It is done in order to fix one of the weak points of using fixed (pips) step size : different time frames tend to have different results for fixed step size (ie: higher time frames become almost without steps and lower time frames still have those steps for same setting). Percent of ATR usage fixes that and makes it a sort
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