Forex blog posts about MT5 are presented here. You can click the selected excerpt's title to continue reading on 'MT5'.

Pattern Recognition in MetaTrader 5

Tuesday, February 9th, 2010

Today I’ve updated the Pattern Recognition Master indicator with a new version that works properly in MetaTrader 5. The indicator was rather poorly written in MT4 so I’ve got a lot of room for improvements in the new MT5 version. This indicator will come to use for any Forex trader that…

Support and Resistance Indicator in MetaTrader 5

Monday, January 18th, 2010

It’s been a while since the last time I’ve converted some indicator from MT4 to MT5 platform. So, today I present Support and Resistance indicator, which was initially written by Barry Stander for MetaTrader 4. It was a very simple conversion since the code was quite small in the MT4…

ZigZag on Parabolic SAR for MetaTrader 5

Friday, December 18th, 2009

My latest conversion from MT4 to MT5 code is the ZigZagOnParabolic indicator. The original indicator (as well as its MT5 version) is an improvement over standard ZigZag indicator that uses the data from Parabolic SAR (also a standard indicator) to calculate ZigZag peaks and bottoms. The indicator is also moderately customizable.…

Forex Expert Advisor on Customizable Moving Average Cross

Wednesday, December 9th, 2009

Today I’ve finished the tests of both versions of my new MetaTrader expert advisor and uploaded it to the site. It’s called Adjustable MA and is available for MT4 and MT5. It allows a rather deep customization of the moving averages and other parameters of the EA. It’s a rather basic expert advisor that trades on a cross…

Otkat Pull-Back EA — Now in MetaTrader 5

Tuesday, December 8th, 2009

I’ve done my first conversion of the MT4 EA to MT5. Although it’s not my first EA written for MT5 (the first one was AUD/JPY Wednesday 15:00), it’s the first one converted. I must say that I was quite pleased with the MQL5 and the whole MetaTrader 5 during this conversion process. The pull-back…

Unresolved Function in MT5

Tuesday, December 8th, 2009

After the latest update of the MetaTrader 5 terminal beta (to build 228) the new error appeared in the newly recompiled expert advisors. When adding an EA to a chart an ”Unresolved Function” error is displayed in the Experts output tab and the EA isn’t attached (even the input parameters dialog doesn’t appear):

Unresolved Function Error

The error appears…

Easy Trend Visualization in MT5

Sunday, December 6th, 2009

Added an MT5 version of the Easy Trend Visualizer MetaTrader indicator to the site today. It has almost the same functionality as an MT4 version. The conversion process was rather painful with this indicator and it was the first time I really hated new MQL5 and MT5. Not only the code became more…

CCI Arrows Indicator in MT5

Tuesday, December 1st, 2009

The latest addition to the newly converted MT5 indicators is CCI Arrows, which was added to my site in its MT4 version on April 19 this year. The conversion from MQL4 to MQL5 was rather easy this time with the main difference being that the iCCI() function can…

Beginner Indicator in MT5

Friday, November 27th, 2009

Converted Beginner indicator to MT5 version today. Actually, I was going to convert another indicator (BB MACD) but, unfortunately, MQL5 doesn’t yet support any easy substitutions for *OnArray() functions of the previous version of the language. The resulting Beginner indicator works fine in MetaTrader 5 — it still just…

Indicator Tutorial for MetaTrader 5

Thursday, November 26th, 2009

This tutorial covers only MetaTrader 5 indicator installation. If you need info on MetaTrader 4 indicator installation, please, refer to my previous tutorial. So, you’ve downloaded some MT5 indicator and have no idea how to install into your trading platform? Read this tutorial to know…



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