MQL5 Algo Trading
387K subscribers
2.56K photos
2.56K links
The best publications of the largest community of algotraders.

Subscribe to stay up-to-date with modern technologies and trading programs development.
Download Telegram
A new trend change indicator uses arrows (Up and Down) to signal potential shifts in market direction. When a trend change is detected and the corresponding icon appears in the indicator buffer, alerts are triggered to notify users. This ensures that users are promptly informed of potential market changes, enabling timely decision-making. The indicator's real-time alerts help in keeping track of market dynamics efficiently. It's crucial for users to monitor these signals closely to capitalize on emerging trends and adjust their strategies accordingly.
#MQL5 #MT5 #Indicator #Trend

Read more...
👍34205👌3👨‍💻3🤣1
A straightforward trend-following strategy is introduced for daily (D1) time frames. Buy signals trigger when the closing price crosses above the EMA based on high prices, provided the RSI is above 55. Sell signals occur when the closing price crosses below the EMA based on low prices, with RSI below 45. Any existing trade will close upon an opposing signal. This strategy includes take profit and stop loss mechanisms to manage risk effectively. Decision-making relies on the calculated EMA and RSI indicators to ensure adherence to the defined trading logic. Suitable for traders seeking structured approaches within daily time frames.
#MQL4 #MT4 #Strategy #Trend

Read more...
👍3715👨‍💻8👏42👀2👌1
A series of indicators, "Color N Bars," assesses trends over a specified number of bars using the 'MA: trend N Bars' method. This tool visualizes trends by applying distinct colors for easier analysis. One variation, "MA On Stochastic Color N Bars," integrates moving averages with stochastic oscillators, enhancing trend identification and providing a clear representation of market direction. These indicators aid in assessing momentum and price movements, facilitating informed decision-making in technical analysis. The color-coded approach enables traders to quickly understand the trend dynamics, promoting efficiency in trading strategies and analysis.
#MQL5 #MT5 #Indicator #Trend

Read more...
👍2625👌1
Easy Trend Visualizer is an MT4 and MT5 indicator providing key insights into trend dynamics. It clearly marks the start and end of trends, as well as periods of trend absence, leveraging the Average Directional Movement Index (ADX) for rapid performance. The indicator operates within the main chart window, offering varied alerts such as horizontal line appearances, crosses, and directional arrows.

Configurable input parameters include multiple ADX periods (10, 14, 20 by default) for tailored trend analysis. Users can choose to activate alerts for line appearances, arrow signals, and line crosses. The settings allow specification of the number of previous lines to track for alert accuracy and the minimum line length to avoid false alerts.

Customization options cater to different alert preferences with color settings for arrows and native alerts for in-p...
#MQL4 #MT4 #Indicator #Trend

Read more...
👍186👨‍💻311👀1
Introducing a technical tool designed to aid in trend determination: the Visual assistant indicator. This indicator evaluates trend direction by comparing current and previous price actions. It presents changes visually, providing a straightforward method for analyzing market trends. Utilizing a dual-line approach, it assists in observing price movement dynamics. This can be an effective resource in assessing whether an asset is experiencing an upward or downward trajectory. Such tools can enhance analytical accuracy in decision-making processes. The indicator aims to streamline trend analysis, offering clear visual insight into market conditions, enabling more informed trading strategies.
#MQL5 #MT5 #Indicator #Trend

Read more...
👍311932🔥2👨‍💻2
Explore advanced trend detection techniques in algorithmic trading detailed in the latest article, highlighting key strategies and calculation improvements. Learn about innovative enhancements to classic indicators like the moving average, including methods to minimize lag and improve trend accuracy. Discover the application of random component smoothing filters and empirical probability functions to identify key market movements. The article also delves into unique mathematical criteria such as Kendall and Foster-Stewart that offer robust trend detection capabilities. Gain insight into constructing effective trading strategies, leveraging these refined techniques to enhance algorithmic decision-making and optimize trading outcomes. Ideal for developers keen to integrate sophisticated analysis tools.

👉 Read | Docs | @mql5dev

#MQL5 #MT5 #Trend
38👨‍💻3👍2👏2👌2