What you can do with Moving Averages
The article considers several methods of applying the Moving Average indicator. Each method involving a curve analysis is accompanied by indicators visualizing the idea. In most cases, the ideas shown here belong to their respected authors. My sole task was to bring them together to let you see the main approaches and, hopefully, make more reasonable trading decisions. MQL5 proficiency level — basic.
Developing a cross-platform grider EA (part II): Range-based grid in trend direction
In this article, we will develop a grider EA for trading in a trend direction within a range. Thus, the EA is to be suited mostly for Forex and commodity markets. According to the tests, our grider showed profit since 2018. Unfortunately, this is not true for the period of 2014-2018.
Automating Trading Strategies in MQL5 (Part 36): Supply and Demand Trading with Retest and Impulse Model
In this article, we create a supply and demand trading system in MQL5 that identifies supply and demand zones through consolidation ranges, validates them with impulsive moves, and trades retests with trend confirmation and customizable risk parameters. The system visualizes zones with dynamic labels and colors, supporting trailing stops for risk management.
Fast Testing of Trading Ideas on the Chart
The article describes the method of fast visual testing of trading ideas. The method is based on the combination of a price chart, a signal indicator and a balance calculation indicator. I would like to share my method of searching for trading ideas, as well as the method I use for fast testing of these ideas.
Library for easy and quick development of MetaTrader programs (part XVII): Interactivity of library objects
In this article, we are going to finish the development of the base object of all library objects, so that any library object based on it is able to interact with a user. For example, users will be able to set the maximum acceptable size of a spread for opening a position and a price level, upon reaching which an event from a symbol object is sent to the program with the spread or price level-based signal.
Automating Trading Strategies in MQL5 (Part 9): Building an Expert Advisor for the Asian Breakout Strategy
In this article, we build an Expert Advisor in MQL5 for the Asian Breakout Strategy by calculating the session's high and low and applying trend filtering with a moving average. We implement dynamic object styling, user-defined time inputs, and robust risk management. Finally, we demonstrate backtesting and optimization techniques to refine the program.
A Method of Drawing the Support/Resistance Levels
This article describes the process of creating a simple script for detecting the support/resistance levels. It is written for beginners, so you can find the detailed explanation of every stage of the process. However, though the script is very simple, the article will be also useful for advanced traders and the users of the MetaTrader 4 platform. It contains the examples of the data export into the tabular format, the import of the table to Microsoft Excel and plotting the charts for the further detailed analysis.
Manual charting and trading toolkit (Part III). Optimization and new tools
In this article, we will further develop the idea of drawing graphical objects on charts using keyboard shortcuts. New tools have been added to the library, including a straight line plotted through arbitrary vertices, and a set of rectangles that enable the evaluation of the reversal time and level. Also, the article shows the possibility to optimize code for improved performance. The implementation example has been rewritten, allowing the use of Shortcuts alongside other trading programs. Required code knowledge level: slightly higher than a beginner.
Better Programmer (Part 06): 9 habits that lead to effective coding
It's not always all about writing the code that leads to effective coding. There are certain habits that I have found in my experience that lead to effective coding. We are going to discuss some of them in detail in this article. This is a must-read article for every programmer who wants to improve their ability to write complex algorithms with less hassle.
Modeling time series using custom symbols according to specified distribution laws
The article provides an overview of the terminal's capabilities for creating and working with custom symbols, offers options for simulating a trading history using custom symbols, trend and various chart patterns.
Self-adapting algorithm (Part IV): Additional functionality and tests
I continue filling the algorithm with the minimum necessary functionality and testing the results. The profitability is quite low but the articles demonstrate the model of the fully automated profitable trading on completely different instruments traded on fundamentally different markets.
Learn how to design a trading system by Alligator
In this article, we'll complete our series about how to design a trading system based on the most popular technical indicator. We'll learn how to create a trading system based on the Alligator indicator.
Matrices and vectors in MQL5
By using special data types 'matrix' and 'vector', it is possible to create code which is very close to mathematical notation. With these methods, you can avoid the need to create nested loops or to mind correct indexing of arrays in calculations. Therefore, the use of matrix and vector methods increases the reliability and speed in developing complex programs.
Exploring options for creating multicolored candlesticks
In this article I will address the possibilities of creating customized indicators with candlesticks, pointing out their advantages and disadvantages.
Interview with Dmitry Terentew (ATC 2012)
Is it really necessary to be a programmer to develop trading robots? Do we need to spend years monitoring price charts to be able to "feel" the market? All these issues have been discussed in our interview with Dmitry Terentew (SAFF), whose trading robot has been occupying the first page of the Championship from the very beginning.
Money management in trading
We will look at several new ways of building money management systems and define their main features. Today, there are quite a few money management strategies to fit every taste. We will try to consider several ways to manage money based on different mathematical growth models.
Combination scalping: analyzing trades from the past to increase the performance of future trades
The article provides the description of the technology aimed at increasing the effectiveness of any automated trading system. It provides a brief explanation of the idea, as well as its underlying basics, possibilities and disadvantages.
Patterns available when trading currency baskets. Part III
This is the final article devoted to the patterns that occur when trading currency pair baskets. It considers combined trend-following indicators and application of standard graphical constructions.
Price Action Analysis Toolkit Development (Part 43): Candlestick Probability and Breakouts
Enhance your market analysis with the MQL5-native Candlestick Probability EA, a lightweight tool that transforms raw price bars into real-time, instrument-specific probability insights. It classifies Pinbars, Engulfing, and Doji patterns at bar close, uses ATR-aware filtering, and optional breakout confirmation. The EA calculates raw and volume-weighted follow-through percentages, helping you understand each pattern's typical outcome on specific symbols and timeframes. On-chart markers, a compact dashboard, and interactive toggles allow easy validation and focus. Export detailed CSV logs for offline testing. Use it to develop probability profiles, optimize strategies, and turn pattern recognition into a measurable edge.
Tips for Selecting a Trading Signal to Subscribe. Step-By-Step Guide
This step-by-step guide is dedicated to the Signals service, examination of trading signals, a system approach to the search of a required signal which would satisfy criteria of profitability, risk, trading ambitions, working on various types of accounts and financial instruments.
Practical application of neural networks in trading (Part 2). Computer vision
The use of computer vision allows training neural networks on the visual representation of the price chart and indicators. This method enables wider operations with the whole complex of technical indicators, since there is no need to feed them digitally into the neural network.
The RSI Deep Three Move Trading Technique
Presenting the RSI Deep Three Move Trading Technique in MetaTrader 5. This article is based on a new series of studies that showcase a few trading techniques based on the RSI, a technical analysis indicator used to measure the strength and momentum of a security, such as a stock, currency, or commodity.
Trading Strategy Based on Pivot Points Analysis
Pivot Points (PP) analysis is one of the simplest and most effective strategies for high intraday volatility markets. It was used as early as in the precomputer times, when traders working at stocks could not use any ADP equipment, except for counting frames and arithmometers.
The correct way to choose an Expert Advisor from the Market
In this article, we will consider some of the essential points you should pay attention to when purchasing an Expert Advisor. We will also look for ways to increase profit, to spend money wisely, and to earn from this spending. Also, after reading the article, you will see that it is possible to earn even using simple and free products.
A Few Tips for First-Time Customers
A proverbial wisdom often attributed to various famous people says: "He who makes no mistakes never makes anything." Unless you consider idleness itself a mistake, this statement is hard to argue with. But you can always analyze the past mistakes (your own and of others) to minimize the number of your future mistakes. We are going to attempt to review possible situations arising when executing jobs in the same-name service.
Graphical Interfaces VII: the Tables Controls (Chapter 1)
The seventh part of the series on MetaTrader graphical interfaces deals with three table types: text label, edit box and rendered one. Another important and frequently used controls are tabs allowing you to show/hide groups of other controls and develop space effective interfaces in your MQL applications.
Price Action Analysis Toolkit Development (Part 28): Opening Range Breakout Tool
At the start of each trading session, the market’s directional bias often becomes clear only after price moves beyond the opening range. In this article, we explore how to build an MQL5 Expert Advisor that automatically detects and analyzes Opening Range Breakouts, providing you with timely, data‑driven signals for confident intraday entries.
Graphical Interfaces V: The Combobox Control (Chapter 3)
In the first two chapters of the fifth part of the series, we developed classes for creating a scrollbar and a view list. In this chapter, we will speak about creating a class for the combobox control. This is also a compound control containing, among others, elements considered in the previous chapters of the fifth part.
Scalping Orderflow for MQL5
This MetaTrader 5 Expert Advisor implements a Scalping OrderFlow strategy with advanced risk management. It uses multiple technical indicators to identify trading opportunities based on order flow imbalances. Backtesting shows potential profitability but highlights the need for further optimization, especially in risk management and trade outcome ratios. Suitable for experienced traders, it requires thorough testing and understanding before live deployment.
Creating an MQL5-Telegram Integrated Expert Advisor (Part 1): Sending Messages from MQL5 to Telegram
In this article, we create an Expert Advisor (EA) in MQL5 to send messages to Telegram using a bot. We set up the necessary parameters, including the bot's API token and chat ID, and then perform an HTTP POST request to deliver the messages. Later, we handle the response to ensure successful delivery and troubleshoot any issues that arise in case of failure. This ensures we send messages from MQL5 to Telegram via the created bot.
Fundamentals of Statistics
Every trader works using certain statistical calculations, even if being a supporter of fundamental analysis. This article walks you through the fundamentals of statistics, its basic elements and shows the importance of statistics in decision making.
Creating an MQL5 Expert Advisor Based on the Daily Range Breakout Strategy
In this article, we create an MQL5 Expert Advisor based on the Daily Range Breakout strategy. We cover the strategy’s key concepts, design the EA blueprint, and implement the breakout logic in MQL5. In the end, we explore techniques for backtesting and optimizing the EA to maximize its effectiveness.
Graphics in DoEasy library (Part 74): Basic graphical element powered by the CCanvas class
In this article, I will rework the concept of building graphical objects from the previous article and prepare the base class of all graphical objects of the library powered by the Standard Library CCanvas class.
Multilayer perceptron and backpropagation algorithm (Part II): Implementation in Python and integration with MQL5
There is a Python package available for developing integrations with MQL, which enables a plethora of opportunities such as data exploration, creation and use of machine learning models. The built in Python integration in MQL5 enables the creation of various solutions, from simple linear regression to deep learning models. Let's take a look at how to set up and prepare a development environment and how to use use some of the machine learning libraries.
Easy Stock Market Trading with MetaTrader
This article raises the issues of automated trading on the stock market. Examples of MetaTrader 4 and QUIK integration are provided for your information. In addition to that, you can familiarize yourself with MetaTrader advantages aimed at solving this issue, and see how a trading robot can perform operations on MICEX.
MQL5 Cookbook: Developing a Multi-Symbol Volatility Indicator in MQL5
In this article, we will consider the development of a multi-symbol volatility indicator. The development of multi-symbol indicators may present some difficulties for novice MQL5 developers which this article helps to clarify. The major issues arising in the course of development of a multi-symbol indicator have to do with the synchronization of other symbols' data with respect to the current symbol, the lack of some indicator data and the identification of the beginning of 'true' bars of a given time frame. All of these issues will be closely considered in the article.
Multicurrency monitoring of trading signals (Part 5): Composite signals
In the fifth article related to the creation of a trading signal monitor, we will consider composite signals and will implement the necessary functionality. In earlier versions, we used simple signals, such as RSI, WPR and CCI, and we also introduced the possibility to use custom indicators.
Price Action Analysis Toolkit Development (Part 63): Automating Rising and Falling Wedge Detection in MQL5
In this part of the Price Action Analysis Toolkit Development series, we develop an MQL5 indicator that automatically detects rising and falling wedge patterns in real time. The system confirms pivot structures, validates boundary convergence mathematically, prevents overlapping formations, and monitors breakout and failure conditions with precise visual feedback. Built using a clean object-oriented architecture, this implementation converts subjective wedge recognition into a structured, state-aware analytical component designed to strengthen disciplined price action analysis.
MQL5-RPC. Remote Procedure Calls from MQL5: Web Service Access and XML-RPC ATC Analyzer for Fun and Profit
This article describes MQL5-RPC framework that enables Remote Procedure Calls from MQL5. It starts with XML-RPC basics, MQL5 implementation and follows with two real usage examples. First example is using external web service and the second one is a client to simple XML-RPC ATC 2011 Analyzer service. If you are interested on how to implement and analyze different statistics from ATC 2011 in real time, this article is just for you.
MetaTrader 4 and MetaTrader 5 Trading Signals Widgets
Recently MetaTrader 4 and MetaTrader 5 user received an opportunity to become a Signals Provider and earn additional profit. Now, you can display your trading success on your web site, blog or social network page using the new widgets. The benefits of using widgets are obvious: they increase the Signals Providers' popularity, establish their reputation as successful traders, as well as attract new Subscribers. All traders placing widgets on other web sites can enjoy these benefits.