MQL4 and MQL5 Programming Articles

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Study the MQL5 language for programming trading strategies in numerous published articles mostly written by you - the community members. The articles are grouped into categories to help you quicker find answers to any questions related to programming: Integration, Tester, Trading Strategies, etc.

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Training a multilayer perceptron using the Levenberg-Marquardt algorithm

Training a multilayer perceptron using the Levenberg-Marquardt algorithm

The article presents an implementation of the Levenberg-Marquardt algorithm for training feedforward neural networks. A comparative analysis of performance with algorithms from the scikit-learn Python library has been conducted. Simpler learning methods, such as gradient descent, gradient descent with momentum, and stochastic gradient descent are preliminarily discussed.
MQL5 Market Results for Q1 2013
MQL5 Market Results for Q1 2013

MQL5 Market Results for Q1 2013

Since its founding, the store of trading robots and technical indicators MQL5 Market has already attracted more than 250 developers who have published 580 products. The first quarter of 2013 has turned out to be quite successful for some MQL5 Market sellers who have managed to make handsome profit by selling their products.
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The Parafrac V2 Oscillator: Integrating Parabolic SAR with Average True Range

The Parafrac V2 Oscillator: Integrating Parabolic SAR with Average True Range

The Parafrac V2 Oscillator is an advanced technical analysis tool that integrates the Parabolic SAR with the Average True Range (ATR) to overcome limitations of its predecessor, which relied on fractals and was prone to signal spikes overshadowing previous and current signals. By leveraging ATR’s volatility measure, the version 2 offers a smoother, more reliable method for detecting trends, reversals, and divergences, helping traders reduce chart congestion and analysis paralysis.
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Building a Candlestick Trend Constraint Model (Part 9): Multiple Strategies Expert Advisor (III)

Building a Candlestick Trend Constraint Model (Part 9): Multiple Strategies Expert Advisor (III)

Welcome to the third installment of our trend series! Today, we’ll delve into the use of divergence as a strategy for identifying optimal entry points within the prevailing daily trend. We’ll also introduce a custom profit-locking mechanism, similar to a trailing stop-loss, but with unique enhancements. In addition, we’ll upgrade the Trend Constraint Expert to a more advanced version, incorporating a new trade execution condition to complement the existing ones. As we move forward, we’ll continue to explore the practical application of MQL5 in algorithmic development, providing you with more in-depth insights and actionable techniques.
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Neural Networks in Trading: A Multimodal, Tool-Augmented Agent for Financial Markets (FinAgent)

Neural Networks in Trading: A Multimodal, Tool-Augmented Agent for Financial Markets (FinAgent)

We invite you to explore FinAgent, a multimodal financial trading agent framework designed to analyze various types of data reflecting market dynamics and historical trading patterns.
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Building a Candlestick Trend Constraint Model (Part 8): Expert Advisor Development (I)

Building a Candlestick Trend Constraint Model (Part 8): Expert Advisor Development (I)

In this discussion, we will create our first Expert Advisor in MQL5 based on the indicator we made in the prior article. We will cover all the features required to make the process automatic, including risk management. This will extensively benefit the users to advance from manual execution of trades to automated systems.
Andrey Voitenko (avoitenko): "Developers benefit from the ideas that they code? Nonsense!"
Andrey Voitenko (avoitenko): "Developers benefit from the ideas that they code? Nonsense!"

Andrey Voitenko (avoitenko): "Developers benefit from the ideas that they code? Nonsense!"

A Ukrainian developer Andrey Voitenko (avoitenko) is an active participant of the "Jobs" service at mql5.com, helping traders from all over the world to implement their ideas. Last year Andrey's Expert Advisor was on the fourth place in the Automated Trading Championship 2010, being slightly behind the bronze winner. This time we are discussing the Jobs service with Andrey.
Testing Visualization: Functionality Enhancement
Testing Visualization: Functionality Enhancement

Testing Visualization: Functionality Enhancement

The article describes software that can make strategy testing highly similar to the real trading.
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Building A Candlestick Trend Constraint Model (Part 9): Multiple Strategies Expert Advisor (I)

Building A Candlestick Trend Constraint Model (Part 9): Multiple Strategies Expert Advisor (I)

Today, we will explore the possibilities of incorporating multiple strategies into an Expert Advisor (EA) using MQL5. Expert Advisors provide broader capabilities than just indicators and scripts, allowing for more sophisticated trading approaches that can adapt to changing market conditions. Find, more in this article discussion.
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Price Action Analysis Toolkit Development (Part 54): Filtering Trends with EMA and Smoothed Price Action

Price Action Analysis Toolkit Development (Part 54): Filtering Trends with EMA and Smoothed Price Action

This article explores a method that combines Heikin‑Ashi smoothing with EMA20 High and Low boundaries and an EMA50 trend filter to improve trade clarity and timing. It demonstrates how these tools can help traders identify genuine momentum, filter out noise, and better navigate volatile or trending markets.
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Automating Trading Strategies in MQL5 (Part 28): Creating a Price Action Bat Harmonic Pattern with Visual Feedback

Automating Trading Strategies in MQL5 (Part 28): Creating a Price Action Bat Harmonic Pattern with Visual Feedback

In this article, we develop a Bat Pattern system in MQL5 that identifies bullish and bearish Bat harmonic patterns using pivot points and Fibonacci ratios, triggering trades with precise entry, stop loss, and take-profit levels, enhanced with visual feedback through chart objects
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Black-Scholes Greeks: Gamma and Delta

Black-Scholes Greeks: Gamma and Delta

Gamma and Delta measure how an option’s value reacts to changes in the underlying asset’s price. Delta represents the rate of change of the option’s price relative to the underlying, while Gamma measures how Delta itself changes as price moves. Together, they describe an option’s directional sensitivity and convexity—critical for dynamic hedging and volatility-based trading strategies.
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Neural networks made easy (Part 33): Quantile regression in distributed Q-learning

Neural networks made easy (Part 33): Quantile regression in distributed Q-learning

We continue studying distributed Q-learning. Today we will look at this approach from the other side. We will consider the possibility of using quantile regression to solve price prediction tasks.
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Automating Trading Strategies in MQL5 (Part 33): Creating a Price Action Shark Harmonic Pattern System

Automating Trading Strategies in MQL5 (Part 33): Creating a Price Action Shark Harmonic Pattern System

In this article, we develop a Shark pattern system in MQL5 that identifies bullish and bearish Shark harmonic patterns using pivot points and Fibonacci ratios, executing trades with customizable entry, stop-loss, and take-profit levels based on user-selected options. We enhance trader insight with visual feedback through chart objects like triangles, trendlines, and labels to clearly display the X-A-B-C-D pattern structure
Expert System 'Commentator'. Practical Use of Embedded Indicators in an MQL4 Program
Expert System 'Commentator'. Practical Use of Embedded Indicators in an MQL4 Program

Expert System 'Commentator'. Practical Use of Embedded Indicators in an MQL4 Program

The article describes the use of technical indicators in programming on MQL4.
Graphics in DoEasy library (Part 84): Descendant classes of the abstract standard graphical object
Graphics in DoEasy library (Part 84): Descendant classes of the abstract standard graphical object

Graphics in DoEasy library (Part 84): Descendant classes of the abstract standard graphical object

In this article, I will consider creation of descendant objects for the terminal abstract standard graphical object. The class object describes the properties that are common for all graphical objects. So, it is simply some kind of a graphical object. To clarify its affiliation with a real graphical object, we need to set the properties inherent in this particular graphical object in the descendant object class.
Who Is Who in MQL5.community?
Who Is Who in MQL5.community?

Who Is Who in MQL5.community?

The MQL5.com website remembers all of you quite well! How many of your threads are epic, how popular your articles are and how often your programs in the Code Base are downloaded – this is only a small part of what is remembered at MQL5.com. Your achievements are available in your profile, but what about the overall picture? In this article we will show the general picture of all MQL5.community members achievements.
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SP500 Trading Strategy in MQL5 For Beginners

SP500 Trading Strategy in MQL5 For Beginners

Discover how to leverage MQL5 to forecast the S&P 500 with precision, blending in classical technical analysis for added stability and combining algorithms with time-tested principles for robust market insights.
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Price Action Analysis Toolkit Development (Part 65): Building an MQL5 System to Monitor and Analyze Manually Drawn Fibonacci Levels

Price Action Analysis Toolkit Development (Part 65): Building an MQL5 System to Monitor and Analyze Manually Drawn Fibonacci Levels

The Fibonacci retracement tool is an essential component of price action analysis, providing critical levels for potential market reactions. However, its effectiveness is often limited by the need for continuous human monitoring, which can lead to missed setups. In this part of our series, we introduce a tool that synchronizes and actively monitors manually drawn Fibonacci levels using MQL5, combining discretionary insight with automated oversight.
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Experiments with neural networks (Part 3): Practical application

Experiments with neural networks (Part 3): Practical application

In this article series, I use experimentation and non-standard approaches to develop a profitable trading system and check whether neural networks can be of any help for traders. MetaTrader 5 is approached as a self-sufficient tool for using neural networks in trading.
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Introduction to MQL5 (Part 18): Introduction to Wolfe Wave Pattern

Introduction to MQL5 (Part 18): Introduction to Wolfe Wave Pattern

This article explains the Wolfe Wave pattern in detail, covering both the bearish and bullish variations. It also breaks down the step-by-step logic used to identify valid buy and sell setups based on this advanced chart pattern.
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Filtering and feature extraction in the frequency domain

Filtering and feature extraction in the frequency domain

In this article we explore the application of digital filters on time series represented in the frequency domain so as to extract unique features that may be useful to prediction models.
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Artificial Algae Algorithm (AAA)

Artificial Algae Algorithm (AAA)

The article considers the Artificial Algae Algorithm (AAA) based on biological processes characteristic of microalgae. The algorithm includes spiral motion, evolutionary process and adaptation, which allows it to solve optimization problems. The article provides an in-depth analysis of the working principles of AAA and its potential in mathematical modeling, highlighting the connection between nature and algorithmic solutions.
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StringFormat(). Review and ready-made examples

StringFormat(). Review and ready-made examples

The article continues the review of the PrintFormat() function. We will briefly look at formatting strings using StringFormat() and their further use in the program. We will also write templates to display symbol data in the terminal journal. The article will be useful for both beginners and experienced developers.
Visual Testing of the Profitability of Indicators and Alerts
Visual Testing of the Profitability of Indicators and Alerts

Visual Testing of the Profitability of Indicators and Alerts

What indicator of trading alerts or just the methods of their calculating to use is usually decided when testing EAs using these alerts. However, it is not always possible/necessary/reasonable to write an EA for each indicator. You can promptly calculate the profitability of trading on the alerts from other indicators, using a special indicator that collects their alerts itself and draws a picture of ideal trading with them. It can help you both make a visual estimate of the results obtained and quickly choose most optimal parameters.
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Neural Networks in Trading: Models Using Wavelet Transform and Multi-Task Attention (Final Part)

Neural Networks in Trading: Models Using Wavelet Transform and Multi-Task Attention (Final Part)

In the previous article, we explored the theoretical foundations and began implementing the approaches of the Multitask-Stockformer framework, which combines the wavelet transform and the Self-Attention multitask model. We continue to implement the algorithms of this framework and evaluate their effectiveness on real historical data.
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Developing a trading Expert Advisor from scratch (Part 17): Accessing data on the web (III)

Developing a trading Expert Advisor from scratch (Part 17): Accessing data on the web (III)

In this article we continue considering how to obtain data from the web and to use it in an Expert Advisor. This time we will proceed to developing an alternative system.
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Price Action Analysis Toolkit Development (Part 68): Price-Attached RSI Panel in MQL5

Price Action Analysis Toolkit Development (Part 68): Price-Attached RSI Panel in MQL5

We present a chart-embedded RSI panel that removes the need for a separate window by attaching momentum directly to live price. The article explains the design and MQL5 code: real-time RSI retrieval, slope-based signal classification, and adaptive positioning. Traders get RSI value, state, and signal strength where decisions are made, improving clarity across timeframes.
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DoEasy. Controls (Part 18): Functionality for scrolling tabs in TabControl

DoEasy. Controls (Part 18): Functionality for scrolling tabs in TabControl

In this article, I will place header scrolling control buttons in TabControl WinForms object in case the header bar does not fit the size of the control. Besides, I will implement the shift of the header bar when clicking on the cropped tab header.
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MQL5 Wizard Techniques you should know (Part 42): ADX Oscillator

MQL5 Wizard Techniques you should know (Part 42): ADX Oscillator

The ADX is another relatively popular technical indicator used by some traders to gauge the strength of a prevalent trend. Acting as a combination of two other indicators, it presents as an oscillator whose patterns we explore in this article with the help of MQL5 wizard assembly and its support classes.
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Analyzing all price movement options on the IBM quantum computer

Analyzing all price movement options on the IBM quantum computer

We will use a quantum computer from IBM to discover all price movement options. Sounds like science fiction? Welcome to the world of quantum computing for trading!
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Gain An Edge Over Any Market (Part V): FRED EURUSD Alternative Data

Gain An Edge Over Any Market (Part V): FRED EURUSD Alternative Data

In today’s discussion, we used alternative Daily data from the St. Louis Federal Reserve on the Broad US-Dollar Index and a collection of other macroeconomic indicators to predict the EURUSD future exchange rate. Unfortunately, while the data appears to have almost perfect correlation, we failed to realize any material gains in our model accuracy, possibly suggesting to us that investors may be better off using ordinary market quotes instead.
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Price Action Analysis Toolkit Development (Part 29): Boom and Crash Interceptor EA

Price Action Analysis Toolkit Development (Part 29): Boom and Crash Interceptor EA

Discover how the Boom & Crash Interceptor EA transforms your charts into a proactive alert system-spotting explosive moves with lightning-fast velocity scans, volatility surge checks, trend confirmation, and pivot-zone filters. With crisp green “Boom” and red “Crash” arrows guiding your every decision, this tool cuts through the noise and lets you capitalize on market spikes like never before. Dive in to see how it works and why it can become your next essential edge.
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Cyclic Parthenogenesis Algorithm (CPA)

Cyclic Parthenogenesis Algorithm (CPA)

The article considers a new population optimization algorithm - Cyclic Parthenogenesis Algorithm (CPA), inspired by the unique reproductive strategy of aphids. The algorithm combines two reproduction mechanisms — parthenogenesis and sexual reproduction — and also utilizes the colonial structure of the population with the possibility of migration between colonies. The key features of the algorithm are adaptive switching between different reproductive strategies and a system of information exchange between colonies through the flight mechanism.
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Trading Options Without Options (Part 2): Use in Real Trading

Trading Options Without Options (Part 2): Use in Real Trading

The article considers simple options strategies and their implementation in MQL5. We will develop a basic EA that will be modernized and become more complex.
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From Novice to Expert: Reporting EA — Setting up the work flow

From Novice to Expert: Reporting EA — Setting up the work flow

Brokerages often provide trading account reports at regular intervals, based on a predefined schedule. These firms, through their API technologies, have access to your account activity and trading history, allowing them to generate performance reports on your behalf. Similarly, the MetaTrader 5 terminal stores detailed records of your trading activity, which can be leveraged using MQL5 to create fully customized reports and define personalized delivery methods.
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Forex spread trading using seasonality

Forex spread trading using seasonality

The article examines the possibilities of generating and providing reporting data on the use of the seasonality factor when trading spreads on Forex.
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Price Action Analysis Toolkit Development (Part 67): Automating Support and Resistance Monitoring in MQL5

Price Action Analysis Toolkit Development (Part 67): Automating Support and Resistance Monitoring in MQL5

This article implements a complete MQL5 Expert Advisor that monitors manually drawn support and resistance levels in real time. It synchronizes horizontal lines, detects approaches, touches, breakouts, reversals, and retests, and adds optional candlestick pattern checks. Alerts and on‑chart markers provide clear, repeatable feedback, allowing you to keep manual analysis while automating the surveillance of key price levels.
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From Novice to Expert: Animated News Headline Using MQL5 (II)

From Novice to Expert: Animated News Headline Using MQL5 (II)

Today, we take another step forward by integrating an external news API as the source of headlines for our News Headline EA. In this phase, we’ll explore various news sources—both established and emerging—and learn how to access their APIs effectively. We'll also cover methods for parsing the retrieved data into a format optimized for display within our Expert Advisor. Join the discussion as we explore the benefits of accessing news headlines and the economic calendar directly on the chart, all within a compact, non-intrusive interface.
Interview with Mariusz Zarnowski (ATC 2012)
Interview with Mariusz Zarnowski (ATC 2012)

Interview with Mariusz Zarnowski (ATC 2012)

As December 28 is approaching, the list of leaders of the Automated Trading Championship 2012 is becoming clearer. With only two weeks to go until the end of the Championship, Mariusz Zarnowski (zrn) from Poland stands a good chance to be in the top three. His EA has already demonstrated how it can triple the initial deposit in just a couple of weeks.