How to detect Bar Close Time in MT5 and MT4. The indicator precisely identifies when a trading bar (or candlestick) closes. This is crucial for traders who rely on closing prices to determine market trends and make trading decisions.

MT5 Indicator Program Explanation and Function

Overview:

The TimeBarCloseCheck MT5 Indicator is designed to detect the bar close time and the close price in the MetaTrader 5 trading platform. This program assists traders by providing accurate timing and pricing information, which is essential for making informed trading decisions.

Functions:

How to detect new bars on Expert Advisors in MT4 and MT5. Detecting new bars in MT4 or MT5 has several important benefits for traders, especially in increasing the efficiency and effectiveness of their trading strategies.

Before we start discussing how to create a program to detect whether a new bar has appeared or not on MT5 and MT4, it's a good idea to know the benefits of detecting new bars.

How to add Alerts to MT4 and MT5 indicator or expert advisor programs. Alerts in MT4 and MT5 indicators and expert advisors (EAs) are invaluable tools for traders. They provide timely notifications about specific market conditions, allowing traders to react quickly and make informed decisions.

In this article I will discuss how to add alerts to indicator programs or Expert Advisors using MQL5.

The alerts that will be discussed include sound and pop-up alerts on MT5 or MT4, notification alerts and email alerts.

But before discussing the creation of the program, we need to know what the benefits of alerts in indicator or expert advisor programs actually are?

Multi-Currency Expert Advisor using MQL5 with Zigzag and RSI Indicators Signal - trades for multiple currency pairs (30 pairs) on a single chart.

Introduction

The Expert Advisor discussed in this article is a multi-currency trading robot that uses the Zigzag and RSI indicators. It follows a strategy of opening Buy trades when the price dips below the RSI oversold line and Sell trades when the price rises above the RSI overbought line. It also includes pending limit orders and a lot size multiplier Martingale system.