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About mql5

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Metatrader 5 / Metatrader 4 for MQL5 / MQL4 articles preview preview
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View mql5's Blog

Recent Entries

How to visualize multicurrency trading history based on HTML and CSV reports

by mql5 on 05-23-2019 at 05:41 PM


Since its introduction, MetaTrader 5 provides multicurrency testing options. This possibility is often used by traders. However the function is not universal. In particular, after running a test, the user can open a chart with performed trading operations. But this is only a chart of one traded symbol selected in the strategy tester settings. The entire trading history of all used symbols cannot be viewed after testing, while visual examination is not

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Market Phase Index for MT4 and MT5

by mql5 on 05-22-2019 at 08:20 AM
Market Phase Index MT4 - indicator for MetaTrader 4
and
Market Phase Index MT5 - indicator for MetaTrader 5

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Indicator to determine the trend and flat market based on the amplitude of the price and the intersection of bars.

  • If the indicator values are higher than 0.4, it is recommended to trade based on trend strategies.
  • If the indicator values below 0.4 - recommended trading based

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Digital Filters indicator for Metatrader 5

by mql5 on 05-20-2019 at 12:10 PM
Figure - indicator for MetaTrader 5

This is 3-in-1 indicator: FATL, RSTL and RFTL (3 lines on the main chart).







Three indicator buffers . Each buffer has its own calculation formula: 39 previous close prices are used for FATL, 99 for RSTL and 45 for RFTL. For each buffer, previous Close prices have their own factors. The coefficients

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A DLL for MQL5 in 10 Minutes (Part II): Creating with Visual Studio 2017

by mql5 on 05-15-2019 at 03:35 PM


This article was created as a development of ideas from the earlier published article related to DLL creation with Visual Studio 2005/2008. The original basic article has not lost its relevance and thus if you are interested in this topic, be sure to read the first article. However much time has passed since then, so the current Visual Studio 2017 features an updated interface. The MetaTrader 5 platform has also acquired new features. Obviously, there

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Developing a cross-platform grider EA

by mql5 on 05-14-2019 at 02:36 PM


Most frequent users of this website know pretty well that MQL5 is the best option for developing custom EAs. Unfortunately, not all brokers allow creating accounts available in MetaTrader 5. Even if you currently work with a broker that allows that, you may switch to a broker offering only MetaTrader 4 in the future. What are you going to do with all the MQL5 EAs you have developed in that case? Are you going to spend a huge amount of time to rework them

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