A code snippet is available for writing price values to a file, serving various practical scenarios in programming. This functionality is particularly beneficial for developing a local trade copier that utilizes a file-based transfer approach. Additionally, it provides a method for temporarily saving values, allowing them to be read in subsequent login sessions. Beyond these use cases, the code can also be used for logging custom data into a file for future reference. The ability to write data onto a file efficiently supports a range of applications, from transaction replication to persistent storage of temporary data. This approach is advised for operations requiring structured data archival and retrieval across sessions.

👉 Read | CodeBase | @mql5dev

#MQL4 #MT4 #Script

A new script introduces a countdown timer for the upcoming bar arrival designed for flexibility and ease of use. Unlike prior releases, this version is a script rather than an indicator, providing unique advantages in its ability to persist and be removed from the chart without complications. The script is developed to function seamlessly without relying on iTime or OnTimer, differentiating it from other implementations. This approach simplifies code maintenance and potentially enhances performance by minimizing dependencies on time-based functions. Developers and users might find it particularly useful for situations needing real-time bar transitions in trading environments.

👉 Read | CodeBase | @mql5dev

#MQL5 #MT5 #script

Announcement for MetaTrader 5 Users: The Clean Market Watch script optimizes your trading workspace by automatically clearing all symbols from your Market Watch window in seconds. It is engineered for traders who accumulate a clutter of symbols and seek a streamlined experience. Manually removing symbols can be tedious, but this tool automates the process, providing efficiency.

The script employs an effective algorithm that processes symbols in reverse order to maintain stable array indexing. Safety mechanisms prevent infinite loops, and all actions are logged for transparency. Users receive real-time feedback and a completion notification for assurance of task execution.

To use, open MetaTrader 5, locate the CleanMarketWatch script within the Scripts folder, and execute with a simple chart attachment. Post-execution, you'll need to manually re-add symbo...

👉 Read | Freelance | @mql5dev

#MQL5 #MT5 #script

This technical snippet illustrates a method for creating a button directly on a chart interface, facilitating improved user interaction. Once activated, this button executes a function designed to delete all existing orders. The process is comprehensive, accounting for diverse scenarios to ensure the function handles exceptions smoothly. Error messages are incorporated to provide immediate feedback in case of execution issues, enhancing user awareness of any operation complications. This implementation can serve as a practical model for integrating interactive components within trading platforms, demonstrating effective management of order cancellation processes.

👉 Read | CodeBase | @mql5dev

#MQL4 #MT4 #Script

The code provided offers the capability to configure alerts triggered upon the inception of a new bar, accompanied by a customizable sound notification. This functionality is essential for traders and developers seeking immediate updates without real-time monitoring. The implementation is designed to integrate seamlessly into existing systems, ensuring consistent notifications. Users can define specific audio cues, enhancing situational awareness during periods of significant market activity. Incorporating such an alert system enhances responsiveness and decision-making efficiency, a vital component for maintaining competitive advantages in algorithmic trading and automated strategies.

👉 Read | AppStore | @mql5dev

#MQL4 #MT4 #script

This script offers a comprehensive approach to candlestick analysis for traders. It efficiently retrieves essential data points, including opening, closing, high, and low prices. The script categorizes the candlesticks into bullish, bearish, or neutral based on the relationship between open and close prices. It performs amplitude calculations to determine differences between high and low values, and computes average amplitudes for both bullish and bearish candlesticks. The script identifies the top five significant candlesticks with the highest amplitudes in bullish and bearish categories.

A report is generated detailing the count of each candlestick type and average amplitudes, highlighting the top significant candlesticks. This report is displayed as commentary on the trading chart, providing traders with an enhanced visual understanding of the cand...

👉 Read | NeuroBook | @mql5dev

#MQL5 #MT5 #script

Implementing a function to place a single order each second presents challenges such as system latency, network interruptions, and API limitations. Precision in time management is crucial to reliably execute this task. The provided code addresses these issues by guaranteeing that exactly one order executes per second and prevents multiple orders or missed seconds. The focus on maintaining time accuracy ensures consistent operation without second skips. This solution highlights the importance of handling concurrency and timing to achieve reliable automation in trading systems. Proper error handling and retry mechanisms should also be considered for enhanced robustness and fault tolerance in real-world applications.

👉 Read | Freelance | @mql5dev

#MQL4 #MT4 #script

The script facilitates creating nearly all standard graphical objects in MetaTrader 5, aiding in rapid visual testing of the ObjectCreate() function along with methods for setting various object properties. It focuses on attributes like coordinates, sizes, fonts, colors, and additional parameters. Upon execution, it replaces any pre-existing objects on the active chart, creating a new one based on the settings.

The script highlights the newly created object to allow for immediate adjustments of reference points or location. Users can select any standard object type using the InpObjectToCreate input parameter, including lines, channels, Gann and Fibonacci tools, Elliot waves, graphical labels, and GUI elements. Each object type has its dedicated creation function with comprehensive attribute settings such as timestamps, price levels, directions, scales, ...

👉 Read | AppStore | @mql5dev

#MQL5 #MT5 #script

The script effectively compiles total profits and swaps for each currency pair, enhancing its utility for hedging strategies and accounts. It accommodates multiple entries that rely on trading signals, promoting efficient analysis of financial performance. This feature is particularly beneficial for traders who require comprehensive oversight of their trading activities and outcomes. By aggregating these metrics, the script aids in the decision-making process and improves strategic planning. This tool integrates seamlessly into trading routines, offering valuable insights into overall profitability and financial health of hedging activities. The meticulous attention to detail supports informed trading strategies.

👉 Read | CodeBase | @mql5dev

#MQL5 #MT5 #script

A script has been developed to calculate autocorrelation and partial autocorrelation functions, displaying results graphically. Key input parameters include:

1. N: Data window for calculation, where a default value of 100 is set. Capable of handling large datasets, it efficiently processes over 100,000 bars.

2. K: Number of lags for analysis, defaulted at 16. Typically, analysis remains effective with lags under 40, though the script supports up to 500.

3. start_pos: Defines data window offset, with zero indicating calculations start from the latest loaded bar.

4. duration: Chart display period, set for 10 seconds.

These settings facilitate comprehensive time series analysis, enabling efficient examination of large datasets for technical insights. Adjust parameters according to specific analysis needs.

👉 Read | Calendar | @mql5dev

#MQL5 #MT5 #script

Recent evaluations have highlighted performance and accuracy issues with the standard API functions ChartXYToTimePrice and ChartTimePriceToXY. ChartXYToTimePrice fails to function correctly when X and Y parameters fall outside the visible chart window, defaulting to zero values. Additionally, ChartTimePriceToXY experiences inaccuracies in certain scenarios. Both functions exhibit slow performance.

To address these issues, a revised script demonstrates improved accuracy across all parameter ranges. It utilizes a method where X and Y coordinates are translated to time and price and then reverted back. Accuracy is validated if input coordinates match the output. A discrepancy indicates functional errors, notating the issue during execution. The script concludes by reporting the final outcome, remaining silent if functionality is assured.

👉 Read | AppStore | @mql5dev

#MQL5 #MT5 #script