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.

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#MQL4 #MT4 #script

The ZigZag HH HL LH LL Pattern Label Indicator for MT4 presents an enhanced utility over the standard ZigZag tool by automatically detecting and labeling critical structural price points including Higher Highs (HH), Higher Lows (HL), Lower Highs (LH), and Lower Lows (LL). This addition optimizes market structure analysis, pattern recognition such as Head & Shoulders and Quasimodo, and trend evaluation. The code comprises optimized functions compatible with MQL4, ensuring effective object management and timeframe tagging.

The indicator calculates the necessary ZigZag buffer for swings and line connections between points, essential for visualizing market trends. Its compatibility with dashboard scanners and multi-timeframe systems makes it an asset for manual traders, system architects, and EA developers seeking structured market insights. Practical a...

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#MQL4 #MT4 #AlgoTrading

Представлен советник в виде торговой графической панели с девятью кнопками, предназначенными для упрощения ручной торговли. Панель позволяет трейдеру быстро управлять ордерами и параметрами. В параметре lots указывается планируемый профит. Параметр distance настраивает дистанцию для отложенных ордеров. Параметры takeprofit и stoploss определяют ценовые уровни фиксирования прибыли и убытков соответственно. Кнопка close all закрывает все активные ордера. Кнопки delete buy и delete sell удаляют соответствующие отложенные ордера. Для открытия позиций предусмотрены кнопки BUY, SELL, а для отложенных ордеров: BUY LIMIT, BUY STOP, SELL LIMIT, SELL STOP. Этот скрипт был разработан для работы с индикатором Strategic Schedule, созданным для удобства трейдеров в ручной торговле.

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#MQL4 #MT4 #EA

An innovative indicator inspired by the Volatility Normalised Momentum concept, rooted in Alex Spiroglou's award-winning research, utilizes a MACD-style framework with a refined approach to volatility. The structure adapts traditional MACD metrics to deliver enhanced signal clarity amidst varying market conditions, using a combination of fast and slow moving averages from a selected price source. This results in a MACD line, a smoothed signal line, and a histogram that visually represents the momentum dynamics.

The histogram's divergence can highlight potential trend shifts, while line crossings indicate shifts in bullish or bearish momentum. Significant features include zero-line interactions to recognize momentum regime changes and identify reversals. Tailor external variables for preferred trading styles, enhancing user adaptability. Suitable for a...

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#MQL4 #MT4 #Indicator

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