Articles with MQL5 programming examples

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Access a huge collection of articles with code examples showing how to create indicators and trading robots for the MetaTrader platform in the MQL5 language. Source codes are attached to the articles, so you can open them in MetaEditor and run them to see how the applications work.

These articles will be useful both for those who have just started exploring automated trading and for professional traders with programming experience. They feature not only examples, but also contain new ideas.

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Build Self Optimizing Expert Advisors With MQL5 And Python (Part II): Tuning Deep Neural Networks

Build Self Optimizing Expert Advisors With MQL5 And Python (Part II): Tuning Deep Neural Networks

Machine learning models come with various adjustable parameters. In this series of articles, we will explore how to customize your AI models to fit your specific market using the SciPy library.
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Build Self Optimizing Expert Advisors in MQL5 (Part 2): USDJPY Scalping Strategy

Build Self Optimizing Expert Advisors in MQL5 (Part 2): USDJPY Scalping Strategy

Join us today as we challenge ourselves to build a trading strategy around the USDJPY pair. We will trade candlestick patterns that are formed on the daily time frame because they potentially have more strength behind them. Our initial strategy was profitable, which encouraged us to continue refining the strategy and adding extra layers of safety, to protect the capital gained.
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Price Action Analysis Toolkit Development (Part 20): External Flow (IV) — Correlation Pathfinder

Price Action Analysis Toolkit Development (Part 20): External Flow (IV) — Correlation Pathfinder

Correlation Pathfinder offers a fresh approach to understanding currency pair dynamics as part of the Price Action Analysis Toolkit Development Series. This tool automates data collection and analysis, providing insight into how pairs like EUR/USD and GBP/USD interact. Enhance your trading strategy with practical, real-time information that helps you manage risk and spot opportunities more effectively.
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Developing a trading Expert Advisor from scratch (Part 26): Towards the future (I)

Developing a trading Expert Advisor from scratch (Part 26): Towards the future (I)

Today we will take our order system to the next level. But before that, we need to solve a few problems. Now we have some questions that are related to how we want to work and what things we do during the trading day.
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DoEasy. Controls (Part 16): TabControl WinForms object — several rows of tab headers, stretching headers to fit the container

DoEasy. Controls (Part 16): TabControl WinForms object — several rows of tab headers, stretching headers to fit the container

In this article, I will continue the development of TabControl and implement the arrangement of tab headers on all four sides of the control for all modes of setting the size of headers: Normal, Fixed and Fill To Right.
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Understand and efficiently use OpenCL API by recreating built-in support as DLL on Linux (Part 1): Motivation and validation

Understand and efficiently use OpenCL API by recreating built-in support as DLL on Linux (Part 1): Motivation and validation

Bulit-in OpenCL support in MetaTrader 5 still has a major problem especially the one about device selection error 5114 resulting from unable to create an OpenCL context using CL_USE_GPU_ONLY, or CL_USE_GPU_DOUBLE_ONLY although it properly detects GPU. It works fine with directly using of ordinal number of GPU device we found in Journal tab, but that's still considered a bug, and users should not hard-code a device. We will solve it by recreating an OpenCL support as DLL with C++ on Linux. Along the journey, we will get to know OpenCL from concept to best practices in its API usage just enough for us to put into great use later when we deal with DLL implementation in C++ and consume it with MQL5.
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From Novice to Expert: Auto-Geometric Analysis System

From Novice to Expert: Auto-Geometric Analysis System

Geometric patterns offer traders a concise way to interpret price action. Many analysts draw trend lines, rectangles, and other shapes by hand, and then base trading decisions on the formations they see. In this article, we explore an automated alternative: harnessing MQL5 to detect and analyze the most popular geometric patterns. We’ll break down the methodology, discuss implementation details, and highlight how automated pattern recognition can sharpen a trader's market insights.
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DoEasy. Controls (Part 24): Hint auxiliary WinForms object

DoEasy. Controls (Part 24): Hint auxiliary WinForms object

In this article, I will revise the logic of specifying the base and main objects for all WinForms library objects, develop a new Hint base object and several of its derived classes to indicate the possible direction of moving the separator.
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Implementing the SHA-256 Cryptographic Algorithm from Scratch in MQL5

Implementing the SHA-256 Cryptographic Algorithm from Scratch in MQL5

Building DLL-free cryptocurrency exchange integrations has long been a challenge, but this solution provides a complete framework for direct market connectivity.
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Population optimization algorithms: Saplings Sowing and Growing up (SSG)

Population optimization algorithms: Saplings Sowing and Growing up (SSG)

Saplings Sowing and Growing up (SSG) algorithm is inspired by one of the most resilient organisms on the planet demonstrating outstanding capability for survival in a wide variety of conditions.
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Example of Auto Optimized Take Profits and Indicator Parameters with SMA and EMA

Example of Auto Optimized Take Profits and Indicator Parameters with SMA and EMA

This article presents a sophisticated Expert Advisor for forex trading, combining machine learning with technical analysis. It focuses on trading Apple stock, featuring adaptive optimization, risk management, and multiple strategies. Backtesting shows promising results with high profitability but also significant drawdowns, indicating potential for further refinement.
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DoEasy. Controls (Part 28): Bar styles in the ProgressBar control

DoEasy. Controls (Part 28): Bar styles in the ProgressBar control

In this article, I will develop display styles and description text for the progress bar of the ProgressBar control.
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MQL5 Wizard Techniques you should know (Part 17): Multicurrency Trading

MQL5 Wizard Techniques you should know (Part 17): Multicurrency Trading

Trading across multiple currencies is not available by default when an expert advisor is assembled via the wizard. We examine 2 possible hacks traders can make when looking to test their ideas off more than one symbol at a time.
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Self Optimizing Expert Advisor With MQL5 And Python (Part V): Deep Markov Models

Self Optimizing Expert Advisor With MQL5 And Python (Part V): Deep Markov Models

In this discussion, we will apply a simple Markov Chain on an RSI Indicator, to observe how price behaves after the indicator passes through key levels. We concluded that the strongest buy and sell signals on the NZDJPY pair are generated when the RSI is in the 11-20 range and 71-80 range, respectively. We will demonstrate how you can manipulate your data, to create optimal trading strategies that are learned directly from the data you have. Furthermore, we will demonstrate how to train a deep neural network to learn to use the transition matrix optimally.
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Gain An Edge Over Any Market (Part II): Forecasting Technical Indicators

Gain An Edge Over Any Market (Part II): Forecasting Technical Indicators

Did you know that we can gain more accuracy forecasting certain technical indicators than predicting the underlying price of a traded symbol? Join us to explore how to leverage this insight for better trading strategies.
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Brain Storm Optimization algorithm (Part II): Multimodality

Brain Storm Optimization algorithm (Part II): Multimodality

In the second part of the article, we will move on to the practical implementation of the BSO algorithm, conduct tests on test functions and compare the efficiency of BSO with other optimization methods.
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Monitoring trading with push notifications — example of a MetaTrader 5 service

Monitoring trading with push notifications — example of a MetaTrader 5 service

In this article, we will look at creating a service app for sending notifications to a smartphone about trading results. We will learn how to handle lists of Standard Library objects to organize a selection of objects by required properties.
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DoEasy. Controls (Part 17): Cropping invisible object parts, auxiliary arrow buttons WinForms objects

DoEasy. Controls (Part 17): Cropping invisible object parts, auxiliary arrow buttons WinForms objects

In this article, I will create the functionality for hiding object sections located beyond their containers. Besides, I will create auxiliary arrow button objects to be used as part of other WinForms objects.
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Price Action Analysis Toolkit Development (Part 2):  Analytical Comment Script

Price Action Analysis Toolkit Development (Part 2): Analytical Comment Script

Aligned with our vision of simplifying price action, we are pleased to introduce another tool that can significantly enhance your market analysis and help you make well-informed decisions. This tool displays key technical indicators such as previous day's prices, significant support and resistance levels, and trading volume, while automatically generating visual cues on the chart.
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DRAW_ARROW drawing type in multi-symbol multi-period indicators

DRAW_ARROW drawing type in multi-symbol multi-period indicators

In this article, we will look at drawing arrow multi-symbol multi-period indicators. We will also improve the class methods for correct display of arrows showing data from arrow indicators calculated on a symbol/period that does not correspond to the symbol/period of the current chart.
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Formulating Dynamic Multi-Pair EA (Part 1): Currency Correlation and Inverse Correlation

Formulating Dynamic Multi-Pair EA (Part 1): Currency Correlation and Inverse Correlation

Dynamic multi pair Expert Advisor leverages both on correlation and inverse correlation strategies to optimize trading performance. By analyzing real-time market data, it identifies and exploits the relationship between currency pairs.
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Population optimization algorithms: Bat algorithm (BA)

Population optimization algorithms: Bat algorithm (BA)

In this article, I will consider the Bat Algorithm (BA), which shows good convergence on smooth functions.
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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.
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DoEasy. Controls (Part 27): Working on ProgressBar WinForms object

DoEasy. Controls (Part 27): Working on ProgressBar WinForms object

In this article, I will continue the development of the ProgressBar control. In particular, I will create the functionality for managing the progress bar and visual effects.
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DoEasy. Controls (Part 22): SplitContainer. Changing the properties of the created object

DoEasy. Controls (Part 22): SplitContainer. Changing the properties of the created object

In the current article, I will implement the ability to change the properties and appearance of the newly created SplitContainer control.
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Multiple Symbol Analysis With Python And MQL5 (Part 3): Triangular Exchange Rates

Multiple Symbol Analysis With Python And MQL5 (Part 3): Triangular Exchange Rates

Traders often face drawdowns from false signals, while waiting for confirmation can lead to missed opportunities. This article introduces a triangular trading strategy using Silver’s pricing in Dollars (XAGUSD) and Euros (XAGEUR), along with the EURUSD exchange rate, to filter out noise. By leveraging cross-market relationships, traders can uncover hidden sentiment and refine their entries in real time.
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Price Action Analysis Toolkit Development (Part 11): Heikin Ashi Signal EA

Price Action Analysis Toolkit Development (Part 11): Heikin Ashi Signal EA

MQL5 offers endless opportunities to develop automated trading systems tailored to your preferences. Did you know it can even perform complex mathematical calculations? In this article, we introduce the Japanese Heikin-Ashi technique as an automated trading strategy.
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Developing a Replay System (Part 32): Order System (I)

Developing a Replay System (Part 32): Order System (I)

Of all the things that we have developed so far, this system, as you will probably notice and eventually agree, is the most complex. Now we need to do something very simple: make our system simulate the operation of a trading server. This need to accurately implement the way the trading server operates seems like a no-brainer. At least in words. But we need to do this so that the everything is seamless and transparent for the user of the replay/simulation system.
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Using PSAR, Heiken Ashi, and Deep Learning Together for Trading

Using PSAR, Heiken Ashi, and Deep Learning Together for Trading

This project explores the fusion of deep learning and technical analysis to test trading strategies in forex. A Python script is used for rapid experimentation, employing an ONNX model alongside traditional indicators like PSAR, SMA, and RSI to predict EUR/USD movements. A MetaTrader 5 script then brings this strategy into a live environment, using historical data and technical analysis to make informed trading decisions. The backtesting results indicate a cautious yet consistent approach, with a focus on risk management and steady growth rather than aggressive profit-seeking.
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Population optimization algorithms: Nelder–Mead, or simplex search (NM) method

Population optimization algorithms: Nelder–Mead, or simplex search (NM) method

The article presents a complete exploration of the Nelder-Mead method, explaining how the simplex (function parameter space) is modified and rearranged at each iteration to achieve an optimal solution, and describes how the method can be improved.
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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.
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MQL5 Trading Toolkit (Part 3): Developing a Pending Orders Management EX5 Library

MQL5 Trading Toolkit (Part 3): Developing a Pending Orders Management EX5 Library

Learn how to develop and implement a comprehensive pending orders EX5 library in your MQL5 code or projects. This article will show you how to create an extensive pending orders management EX5 library and guide you through importing and implementing it by building a trading panel or graphical user interface (GUI). The expert advisor orders panel will allow users to open, monitor, and delete pending orders associated with a specified magic number directly from the graphical interface on the chart window.
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How to view deals directly on the chart without weltering in trading history

How to view deals directly on the chart without weltering in trading history

In this article, we will create a simple tool for convenient viewing of positions and deals directly on the chart with key navigation. This will allow traders to visually examine individual deals and receive all the information about trading results right on the spot.
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Deconstructing examples of trading strategies in the client terminal

Deconstructing examples of trading strategies in the client terminal

The article uses block diagrams to examine the logic of the candlestick-based training EAs located in the Experts\Free Robots folder of the terminal.
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Reimagining Classic Strategies (Part II): Bollinger Bands Breakouts

Reimagining Classic Strategies (Part II): Bollinger Bands Breakouts

This article explores a trading strategy that integrates Linear Discriminant Analysis (LDA) with Bollinger Bands, leveraging categorical zone predictions for strategic market entry signals.
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Developing a Replay System (Part 48): Understanding the concept of a service

Developing a Replay System (Part 48): Understanding the concept of a service

How about learning something new? In this article, you will learn how to convert scripts into services and why it is useful to do so.
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Build Self Optimizing Expert Advisors in MQL5 (Part 8): Multiple Strategy Analysis

Build Self Optimizing Expert Advisors in MQL5 (Part 8): Multiple Strategy Analysis

How best can we combine multiple strategies to create a powerful ensemble strategy? Join us in this discussion as we look to fit together three different strategies into our trading application. Traders often employ specialized strategies for opening and closing positions, and we want to know if our machines can perform this task better. For our opening discussion, we will get familiar with the faculties of the strategy tester and the principles of OOP we will need for this task.
Grouped File Operations
Grouped File Operations

Grouped File Operations

It is sometimes necessary to perform identical operations with a group of files. If you have a list of files included into a group, then it is no problem. However, if you need to make this list yourself, then a question arises: "How can I do this?" The article proposes doing this using functions FindFirstFile() and FindNextFile() included in kernel32.dll.
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Reimagining Classic Strategies (Part III): Forecasting Higher Highs And Lower Lows

Reimagining Classic Strategies (Part III): Forecasting Higher Highs And Lower Lows

In this series article, we will empirically analyze classic trading strategies to see if we can improve them using AI. In today's discussion, we tried to predict higher highs and lower lows using the Linear Discriminant Analysis model.
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Developing a Replay System (Part 59): A New Future

Developing a Replay System (Part 59): A New Future

Having a proper understanding of different ideas allows us to do more with less effort. In this article, we'll look at why it's necessary to configure a template before the service can interact with the chart. Also, what if we improve the mouse pointer so we can do more things with it?