If these conditions are met, that is, if they return true, then we want to be sure that we do not open a new Buy position if we already have one. The major difference here is the way we calculated our stop loss price and take profit price.

Also here, we used the NormalizeDouble function for the Bid price, the StopLoss and TakeProfit values, it is good practice to always normalize these prices to the number of digits of currency pair before sending it to the trade server. Just as we did for our Buy order, we must also check if our Sell order is successful or not. So we used the same expression as in our Buy order.

Debugging and Testing our Expert Advisor. At this point, we need to test our EA to know it our strategy works or not. Also, it is possible that there are one or two errors in our EA code. This will be discovered in the next step. Debugging our code helps us to see how our code performs line by line if we set breakpoints and there and then we can notice any error or bug in our code and quickly make the necessary corrections before using our code in real trade.

Here, we are going to go through the step by step process of debugging our Expert Advisor, first of all, by setting breakpoints and secondly, without breakpoints.

To do this, Make sure you have not closed the Editor. First of all, let us select the chart we want to use to test our EA. On the Editor Menu bar, click on Tools and click on Options as shown below:. Figure 8. Setting Debugging options.

Before we start the debugger, let us set breakpoints. Rather than running through all the code at once, the debugger will stop whenever it see a breakpoint, waiting for your net action. By this we will be able to analyze our code and monitor its behavior as it reaches every set break-points. We will also be able to evaluate the values of some of our variables to see if things are actually the way we envisaged.

To insert a breakpoint, go to the line in your code where you want to set the breakpoint. By the left hand side, on the gray field near the border of the code line, double-click and you will see a small round blue button with a white square inside it. Or on the alternative, place the cursor of your mouse anywhere on the code line where you want the breakpoint to appear and press F9. To remove the breakpoint, press F9 again or double-click on it. Figure Setting a breakpoint.

For our code, we are going to set breakpoint on five different lines. I will also label them form 1 to 5 for the sake of explanation. To continue, set breakpoint at the seven code lines as shown in the figure below. Breakpoint 1 is the one we have created above. Setting additional breakpoints. Once we have finished setting our breakpoints, we are now set to start debugging our code. To start the debugger, press F5 or click the green button on the Toolbar of the MetaEditor:. Starting the Debugger.

The first thing the editor does is to compile the code, if there is any error at the point, it will display it and if no error, it will let you know that the code compiled successfully. Please note that the fact that the code compiled successfully does not mean there may not be errors in your code.

Depending on how your code is written, there may be runtime errors. For example, if any of our expressions does not evaluate correctly due to any little oversight, the code will compile correctly but may not run correctly.

Once the debugger has finished compiling the code, it takes you to the trading terminal, and attach the EA to the chart you have specified on the MetaEditor Options settings.

At the same time, it shows you the Input parameters section of the EA. Since we are not adjusting anything yet, just click the OK button.

Expert Advisor Input Parameters for Debugging. You will now see the EA clearly on the top-right hand corner of the chart. Once it starts the OnTick , it will stop as soon as it gets to our breakpoint 1. Debugger stops at the first breakpoint. You will notice a green arrow at that code line. That tells you that previous code line had been executed; we are now ready to execute the present line.

Let me make some explanations before we proceed. This is because we are now running the debugger. Step into command. The Step Into is used to go from one step of the program execution into the next step, entering into any called functions within that code line.

Click on the button or press F11 to invoke the command. We will use this command in our Step-by-Step debugging of our code. Step over command. The Step over , on the other hand does not enter into any called function within that code line. Click on the button or press F10 to invoke the command. Step out command. Also, at the lower part of the Editor, you will see the Toolbox window. The Debug tab in this window has the following headings:.

For our example, we will monitor the following:. You can add other ones like the ADX values, the MA-8 values, etc. The expressions watching window. Adding expressions or variables to watch. If the variable hasn't been declared yet, its type is "Unknown identifier" except the static variables. Click the Step into button or press F11 and observe what happens.

Keep on pressing this button or F11 until you get to breakpoint no 2 , continue until you get to breakpoint no 4 as shown below and observe the expressions watching window. Watching the expressions or variables. Once there is a new tick, it will return to the fist code line of the OnTick function. Values of variables on NewTick event. To go over the process again, continue pressing the F11 key and keep monitoring the variables at the expressions watching window.

You can stop the debugger and then remove all the breakpoints. As we see, in Debug mode it prints the message "We have new bar here Expert Advisor prints the message in Debug mode.

Start the debugging process again; but this time without breakpoints. Expert Advisor places trade during debugging. I think you can leave the EA to work for a few more minutes while you take a coffee. Once you are back and you have made some money just kidding , then click the STOP Red button on the MetaEditor to stop debugging. What we have actually done here is to see that our EA only checks for a trade at the opening of a new Bar and that our EA actually works. There is still a lot of room for adjustments to our EA code.

Let me make it clear, at this point that, the Trading terminal must be connected to the internet, otherwise, debugging will not work because the terminal will not be able to trade. At this point we now want to test our EA using the Strategy Tester built into the Trading Terminal. The Tester Strategy Tester is shown at the lower part of the terminal.

To do this, move your mouse pointer to the point shown by the red arrow as shown below. The mouse pointer changes to a double-end arrow, hold down the mouse and drag the line upwards. Stop when you discover that you can see everything on the settings tab. The Strategy Tester Settings Tab. Before we click the Start button, lets look at the other tabs on the Tester. The processor used by the Tester for the Test. Mine is only one 1 core processor.

The Strategy Tester Agents tab. Once the agent, you will see something similar to the figure below. The Strategy Tester Agents tab during a test. This is where all the events going on during the test period is displayed. The Strategy Tester Journal tab showing trade activities.

This is where you can specify the input parameters for the EA. The Strategy Tester Inputs tab. If we are optimizing our EA, then we will need to set the values in the circled area. However, in our case we are not optimizing our EA, so we will not need to touch that for now. Once everything is set, we now go back to the Settings tab and click the Start button. Then the tester begins its work.

All you need to do now is to go and take another cup of coffee if you like, or, if you are like me, you may want to monitor every event, then turn to the Journal tab. Once you begin to see messages about orders been sent on the Journal Tab, you may then wish to turn to a NEW tab named Graph which has just been created.

Once you switch to the Graph tab, you will see the graph keep on increasing or decreasing as the case may be depending on the outcome of your trades. The graph result for the Expert Advisor Test. Once the test is completed, you will see another tab called Results. Switch to the Results tab and you will see the summary of the test we have just carried out. The Strategy Tester Results tab showing test results summary. You can see the total Gross Profit, Net Profit, total trades total loss trades and many more.

Its really interesting to see that we have about USD 1, At least we have some profit. Let me make something very clear to you here. You will discover that the settings for the EA parameters that you see in the Strategy tester is different from the initial settings in the Input parameters of the EA. I have just demonstrated to you that you can change any of those input parameters to get the best out of your EA. Instead of using a period of 8 each for the Moving Average and ADX, I changed it to 10 for Moving Average and 14 for ADX.

I also change the Stop Loss from 30 to Last but not the least, I decided to use 2 Hour timeframe. Remember, this is the Strategy Tester. If you want to view a complete report of the test, then right-click on anywhere in the Results tab, you will see a menu. The save dialog window will appear, type a name for your report if you want, otherwise leave the default name and click the save button. The whole report will be saved in HTML format for you. To view the chart for the test that was carried out, click Open Chart and you will see the chart displayed.

The chart showing the test. I want you to carry out the test using different currency pairs, different timeframes, different Stop Loss, different Take profit and see how the EA performs. You can even try new Moving Average and ADX values. As I said earlier, that is the essence of the Strategy tester. I will also like you to share your results with me. In this step by step guide, we have been able to look at the basic steps required in writing a simple Expert Advisor based on a developed trading strategy.

We have also looked at how we check our EA for errors using the debugger. We also discussed how to test the performance of our EA using the Strategy Tester. With this, we have been able to see the power and robustness of the new MQL5 language. Our EA is not yet perfect or complete as many more adjustments must still be made in order to used it for real trading. There is still more to learn and I want you to read the article over again together with the MQL5 manual, and try everything you have learn in this article, I can assure you that you will be a great EA developer in no distant future.

Hi samuel. I am also new to algorithmic trading. I constantly get the error that in the manual indicates that it is account type and that it is shown in the commercial request submission failed.

Based on your experience, what do you think I am doing wrong, or what should I take into account knowing that I opened my account with the XM broker. Hello Guys, i am hoping everyone who will see my comment are good. all heard about the beast super signal of mt4. After severals looking for mt5 i didn't find.

If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptocu. Auto Fibo は、手動での取引を強化するために開発されたインジケーターです。自動で黄金比を描き、時間を節約し、取引を円滑にします。 グラフにインジケータを取り付けると、自動的に正確な黄金比が描かれるので、臨界点を探す手間が省けます。 インターフェイスは、お使いのコンピュータに応じて、バンドのおおよそのハイポイントとローポイントに調整されます。 このインジケータは、ほとんどの始点と終点の選択ミスを修正します。 各バンドには、正確な価格が表示されます。 警告 私はMQL5.

comで私のEAを販売するだけです。もし誰かが私のEAを売ってくれと連絡してきたら、それはあなたのお金が欲しいだけの詐欺師です。 また、もしあなたが私のEAを外部のウェブサイトから購入した場合、それは偽のバージョンであり、オリジナルのものと同じようには動作しないことを保証します。. The expert closes all open and pending orders if a certain profit target or loss is achieved. The orders may be selected by all symbols , by magic , by symbol or by magic and symbol. The expert also has a testing mode only for demo testing and visualisaton which must be set to false when using live , because with Testing Mode set to true , the expert opens orders.

If you don't want it to open orders , set Testing Mode to false. The expert takes into consideration commissions and swaps too. The components of Buy Sell Signal Low TF: - The trend is determined by SMMA 13 , SMMA 21 and SMMA 35 can be changed manually to suit your preference. このアルゴリズムは、指標 UPD1 Trend Direction に基づいて減少したボラティリティのゾーンを検出し、指標 UPD1 Volume Box に基づいて最大水平ボリュームを構築します。 原則として、蓄積を終了するときに強い傾向の動きが発生します。 価格が累積を残している場合は、その最大水平ボリューム（POC）をテストすることができます。 スマートアラートは設定で使用できます。 入力パラメータ 基本設定 Bars Count — 指標が機能する履歴バーの数 Timeframe Flat - フラットが検索され、クラスターが構築されている時間枠の選択。 デフォルトでは、それは常に現在のものです。 Data Source - 見積期間の選択。 自動的に検出（最適） Vertical Step - 密度と垂直精度に影響します Period - オシレーターの周期を選択します Start Flat After Bar - フラットを描画を開始する傾向の終了後に無視するろうそくの数 Minimal Flat Bars - フラット内のキャンドルの最小数 ID - インジケー.

To detect a signal in the " Number of candles on each side of the fractal " variable, you can adjust the number of bars on each side fr. The indicator displays profit loss on the current symbol. You can freely drag and drop the line to display the current profit or loss.

Add pending orders to calculate — take pending orders into account in calculations. Magic Number 0 - all orders on symbol — magic number, if it is necessary to evaluate specific orders.

Offset for first drawing points from the average price — offset of the line fr. Info Plus is a simple tool that displays the current status on an asset class. The information displayed by Info Plus includes: Bid Price The high and low of the day. Candle time left.

Current spread. Selected timeframe. Asset class selected Symbol. Pip value. Open Positions. Total pips booked. Pips per trade. Session times they may not be accurate and are subject to changes. Date and time. How it Works When loaded onto any chart, Info Plus automatically gets the following parameters: Bid. A top-quality implementation of the famous Super Trend indicator, which needs no introduction. It is completely loyal to the original algorithm, and implements many other useful features such as a multi-timeframe dashboard.

The Trend Trader EA can identify and trade market trends. Due to the nature of the strategy it will perform better in trendy market conditions and might struggle with sideways markets. It includes various trade management options to make adjustments whenever the market requires it.

If you like the program then please consider leaving a 5 star rating and a short comment :. MeetAlgo Moving Average EA trades using the Moving Averages Indicator. It offers many customizable Moving Averages trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode.

Enable Grid trading. Color Levels is a convenient tool for traders using a Trendline and a Rectangle in their technical analysis. It allows setting two empty rectangles, three filled ones, and two tredlines. The indicator parameters are very simple and divided into numbered blocks: The ones beginning with 1 and 2 - empty rectangle frame parameters; 3, 4, and 5 - filled rectangle parameters; 6 and 7 - trendline parameters. Simply click a desired object and it will appear in the upper left corner.

Main Adjustable. Dark Dione is a fully automatic Expert Advisor for Medium term Trading. Dark Dione is based on Dark Breakout indicator, these trades can be manage with some strategies. Optimization experience is required to Download the robot. My tests are indicative, for best results it is necessary to study the user manual and create your settings. All the s. I tried to input 4 types and 3 periods of Calculation regarding Support Resistance, Furthermore, I have also care about Trend lines that Trader can easily get in touch with market in another way also.

What is in for Trader? Review compounding results before you read further. Click here to see Nov'22 results not good as market was range bound Do consider entire history to make decision. Invest only USD not more than that. Based on our experience in Financial Markets we decided to make EA which can give great co. This information indicator allows you to always be aware of the current account status.

The indicator shows various data, including profit in points, percentage and currency, as well as a current symbol spread and time before a bar is closed on the current timeframe. You can select one of the different info line location types: To the right of the price always following it ; As a comment in the upper left corner of the chart ; In a selected screen corner.

You can also select a data separator:. このプロジェクトが好きなら、5つ星レビューを残してください。 インスタグラムでフォロー:borelatech このインジケータは、指定されたためのオープン、ハイ、ロー、クローズ価格を描画します 特定のタイムゾーンの期間と調整が可能です。 これらは、多くの機関や専門家によって見られた重要なレベルです トレーダーは、彼らがより多くのかもしれない場所を知るために有用であり、 アクティブ。 利用可能な期間は次のとおりです。 前の日。 前週。 前の月。 前の四半期。 前年。 または: 現在の日。 現在の週。 現在の月。 現在の四半期。 現年。.

MeetAlgo RSI Trade EA MT4 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. Customizable indicator settings Built-in money management Grid trading when trade in Loss Customizabl.

Color Levels Pro is a new version of the normal Color Levels. It allows setting two empty rectangles, three filled ones, two tredlines, and two triangles. The indicator parameters are very simple and divided into blocks: The ones beginning with 1 and 2 - empty rectangle frame parameters; 3, 4, and 5 - filled rectangle parameters; 6 and 7 - trendline parameters; 8 and 9 - triangle parameters.

Simply click a desired object and it will appear in the corner. Main Adjustable Parameters : C. Volume Profile FR Fixed Range supply and demand This is the demo version It's free on EURCAD chart , for unlimited features , download the full version here.

sing volume as a fundamental parameter in the analysis is very common. A typical volume indicator works on a time axis.

With it you can determine the volume of each candle, but to get the volume of price levels you need something more than a normal volume indicator: Volume Profile Indicator A functional and useful tool that can impr. Javier Morales Fernandez. RSI divergence indicator finds divergences between price chart and RSI indicator and informs you with alerts popup, mobile notification or email.

Its main use is to find trend reversals in the chart. Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals.

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MetaQuotes Programming Language 5 MQL5 , included in MetaTrader 5 Client Terminal, has many new possibilities and higher performance, compared to MQL4. This article will help you to get acquainted with this new programming language. The simple examples of how to write an Expert Advisor and Custom Indicator are presented in this article. We will also consider some details of MQL5 language, that are necessary to understand these examples. The article details and full description of MQL5 can be found in MQL5 Reference , included in MetaTrader 5.

Information contained in MQL5 built-in help is sufficient to study the language. This article may be useful for those, who are familiar with MQL4, and also for newbies, who are just beginning to program trading systems and indicators. MetaTrader 5 trading platform allows you to perform technical analysis of financial instruments and to trade, both manually and in automatic mode. MetaTrader 5 differs from its predecessor - MetaTrader 4.

Particularly, the concepts of deal, position and order have been refined. The Client Terminal has built-in programming language MQL5, that allows you to write several types of programs with different purpose:. Expert Advisors, Indicators and Scripts may call functions of MQL5 standard library and DLL functions, including the operation system libraries. The pieces of code, located in the other files, can be included in the text of the program, written in MQL5. To write a program Expert Advisor, Indicator or Script , you can launch MetaTrader 5 Client Terminal and choose MetaQuotes Language Editor from Tools menu, or simply press F4 key.

In MQL5 Wizard window choose the type of the program you want to create:. On the next step, you can specify program name, information about the author, and parameters, that will be requested from user after launching the program.

Figure 4. General properties of Expert Advisor. After that, the program template Expert Advisor, Indicator or Script will be created, that you may edit and fill with your code:. When the program is ready, it's necessary to compile it.

To compile the program choose Compile from File menu or press F7 key:. If there are no errors in the program code, the file with extension. ex5 will be created. After that you can attach this new Expert Advisor, Indicator or Script to the chart of MetaTrader 5 Client Terminal for the execution. An MQL5 program is a sequence of operators.

Each operator ends with a semicolon symbol " ; ". MQL5 is "event-oriented" programming language. This means that when certain events program launching or termination, new quote arrival, etc. happen, the Client Terminal launches the corresponding function subprogram , written by the user, that performs specified operations. The Client Terminal has the following predefined events :.

Before using the variables , it's necessary to specify the data type of each of them. MQL5 supports more data types than MQL It is necessary to choose the appropriate data type for the optimal performance and rational memory use.

In MQL5 there is a new concept called structure. The structure combines the logically related data. The trading system, that is used in this article as an example, is based on the assumption, that European financial institutions are opened in the morning, and later, the economic events are published in USA, that leads to the trend of EURUSD.

The chart period isn't important, but I recommend to use the minute bars, because the whole day or its part is visible at once, so it's very convenient for the observation. At 7 AM server time Buy Stop and Sell Stop pending orders are placed at distance of one point beyond the price range of the current day.

For Buy Stop pending orders the spread is taken into account. The StopLoss levels are placed on the opposite sides of the range. After execution, StopLoss order is moved to simple moving average, but only if it's profitable. The benefit of this type of trailing compared with the classical Trailing Stop is following: it allows to avoid early closure of position in the case of price spikes with corrections. On the other hand it leads to position closure when the trend ends and flat movement begins.

The simple moving average is calculated using minute chart data and has averaging period equal to The profit level depends on the current market volatility. To determine market volatility, the Average True Range ATR indicator with period equal to 5 is applied to the daily chart is used. So, it shows the average daily range of the past week.

To determine the Take Profit level value for the long position, we will add the value of the ATR indicator to the minimal price of the current day. The same for the short positions: we will subtract the value of the ATR indicator from the maximal price of the current day.

The order is not placed if the order price value is beyond the StopLoss and TakeProfit levels. After 7 PM server time all pending orders are deleted and aren't placed this day the open positions are still trailed until closing. Let's write an indicator, that shows the profit levels of trade system described above. If the first symbol in a line is " ", it mean that this string is a preprocessor directive. Directives are used to specify additional program properties , to declare constants , to include header files and imported functions.

Note that after preprocessor directives there are no semicolon ; symbols. The information about the author and his web page can be specified in the copyright and link properties, the description property allows you to add the brief description, the version property allows you to specify the program version. When indicator is running this information looks as follows:. Figure 8. Indicator information. It's necessary to specify indicators position: on a chart or in a separate window.

In addition, you need to specify the number of indicator's buffers that will be used and the number of graphic series. In our case, there are two lines, each of them has its own buffer - an array with the data that will be plotted. There are many other drawing styles. You can define the color by specifying the brightness of its three RGB components or by using the predefined colors , for example, Red, Green, Blue, White, etc.

Figure 9. Description of indicator lines. Using the input modifier, let's specify the external variables you can specify their values after launching the indicator , their type and default values:. The names of parameters can be specified in comments - they will be visible instead of the names of variables:.

Figure Indicator's i nput parameters. On a global level that is visible to all functions , we will specify variables and their types , that will be used by different functions of our indicator.

The bu[] and bd[] arrays will be used for the upper and lower lines of indicator. We will use dynamic arrays i. the arrays without specified number of elements , because we don't know exactly the number of elements that will be used their size will be allocated automatically. The handle of built-in technical indicator will be stored in the hATR variable. Indicator handle is necessary to use the indicator. The function OnInit is called after the indicator's running after its attaching to the chart.

The function SetIndexBuffer is necessary to specify the fact that the bu[] and bd[] arrays are the indicator's buffers, that will be used to store the indicators values, that are plotted as lines of indicator. The first parameter defines the index of indicator's buffer, the ordering starts from 0. The second parameter specifies an array, assigned to indicator's buffer.

The indicator's handle, returned by the iATR function, is stored in the hATR variable. The first parameter of the iATR function is trade symbol, NULL - is the symbol of current chart. The second parameter specifies the chart period , that is used for indicator calculation. The third parameter is the averaging period of the ATR indicator. The OnCalculate function is called right after the end of OnInit function execution and every time after the new quote arrival for the current symbol.

There are two ways of calling this function. One of them, that used in our indicator, looks as follows:.

To reduce the calculation time, it's not necessary to recalculate indicator values, that have been already calculated and haven't changed. After calling the OnCalculate function it returns the number of bars, that have been already calculated. The code of the OnCalculate function is enclosed in perentheses. It begins with local variables , that are used in the function - their types and names. First, we have to copy the values of ATR indicator into the atr[] array, using the CopyBuffer function.

We'll use the handle of ATR indicator as the first parameter of this function. The second parameter is the number of the indicator's buffers numbering starts from 0 , the ATR indicator has an only one buffer.

The third parameter specifies the number of first element to start from, the indexation is performed from the present to the past, the zeroth element corresponds to the current uncompleted bar. The fourth parameter specifies the number of elements, that should be copied. Let's copy two elements, because we are interested only in penultimate element, that corresponds to the last completed bar. The last parameter is the target array to copy data. If it is set i.

It's not so easy to rewrite all programs in MQL5. Overview Reviews 75 Comments What's new Show Pips. I want you to carry out the test using different currency pairs, different timeframes, different Stop Loss, different Take profit and see how the EA performs. ArraySize Returns the count of elements contained in the array. Before using the variables , it's necessary to specify the data type of each of them.

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