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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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-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.
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.
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.
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.
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.
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.
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.
Probability theory and mathematical statistics with examples (part I): Fundamentals and elementary theory
Trading is always about making decisions in the face of uncertainty. This means that the results of the decisions are not quite obvious at the time these decisions are made. This entails the importance of theoretical approaches to the construction of mathematical models allowing us to describe such cases in meaningful manner.
Learn how to design a trading system by Bear's Power
Welcome to a new article in our series about learning how to design a trading system by the most popular technical indicator here is a new article about learning how to design a trading system by Bear's Power technical indicator.
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 Cookbook: The History of Deals And Function Library for Getting Position Properties
It is time to briefly summarize the information provided in the previous articles on position properties. In this article, we will create a few additional functions to get the properties that can only be obtained after accessing the history of deals. We will also get familiar with data structures that will allow us to access position and symbol properties in a more convenient way.
Prices and Signals in DoEasy library (Part 65): Depth of Market collection and the class for working with MQL5.com Signals
In this article, I will create the collection class of Depths of Market of all symbols and start developing the functionality for working with the MQL5.com Signals service by creating the signal object class.
What is a trend and is the market structure based on trend or flat?
Traders often talk about trends and flats but very few of them really understand what a trend/flat really is and even fewer are able to clearly explain these concepts. Discussing these basic terms is often beset by a solid set of prejudices and misconceptions. However, if we want to make profit, we need to understand the mathematical and logical meaning of these concepts. In this article, I will take a closer look at the essence of trend and flat, as well as try to define whether the market structure is based on trend, flat or something else. I will also consider the most optimal strategies for making profit on trend and flat markets.
The Order of Object Creation and Destruction in MQL5
Every object, whether it is a custom object, a dynamic array or an array of objects, is created and deleted in MQL5-program in its particular way. Often, some objects are part of other objects, and the order of object deleting at deinitialization becomes especially important. This article provides some examples that cover the mechanisms of working with objects.
Using the CCanvas class in MQL applications
The article considers the use of the CCanvas class in MQL applications. The theory is accompanied by detailed explanations and examples for thorough understanding of CCanvas basics.
Can Heiken-Ashi Combined With Moving Averages Provide Good Signals Together?
Combinations of strategies may offer better opportunities. We can combine indicators or patterns together, or even better, indicators with patterns, so that we get an extra confirmation factor. Moving averages help us confirm and ride the trend. They are the most known technical indicators and this is because of their simplicity and their proven track record of adding value to analyses.
Universal Expert Advisor: the Event Model and Trading Strategy Prototype (Part 2)
This article continues the series of publications on a universal Expert Advisor model. This part describes in detail the original event model based on centralized data processing, and considers the structure of the CStrategy base class of the engine.
Cross-Platform Expert Advisor: The CExpertAdvisor and CExpertAdvisors Classes
This article deals primarily with the classes CExpertAdvisor and CExpertAdvisors, which serve as the container for all the other components described in this article-series regarding cross-platform expert advisors.
Library for easy and quick development of MetaTrader programs (part II). Collection of historical orders and deals
In the first part, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. We created the COrder abstract object which is a base object for storing data on history orders and deals, as well as on market orders and positions. Now we will develop all the necessary objects for storing account history data in collections.
Design Patterns in software development and MQL5 (Part 4): Behavioral Patterns 2
In this article, we will complete our series about the Design Patterns topic, we mentioned that there are three types of design patterns creational, structural, and behavioral. We will complete the remaining patterns of the behavioral type which can help set the method of interaction between objects in a way that makes our code clean.
Learn how to design a trading system by MFI
The new article from our series about designing a trading system based on the most popular technical indicators considers a new technical indicator - the Money Flow Index (MFI). We will learn it in detail and develop a simple trading system by means of MQL5 to execute it in MetaTrader 5.
Making charts more interesting: Adding a background
Many workstations contain some representative image which shows something about the user. These images make the working environment more beautiful and exciting. Let's see how to make the charts more interesting by adding a background.
Python-MetaTrader 5 Strategy Tester (Part 01): Trade Simulator
The MetaTrader 5 module offered in Python provides a convenient way of opening trades in the MetaTrader 5 app using Python, but it has a huge problem, it doesn't have the strategy tester capability present in the MetaTrader 5 app, In this article series, we will build a framework for back testing your trading strategies in Python environments.