Building a Professional Trading System with Heikin Ashi (Part 2): Developing an EA
This article explains how to develop a professional Heikin Ashi-based Expert Advisor (EA) in MQL5. You will learn how to set up input parameters, enumerations, indicators, global variables, and implement the core trading logic. You will also be able to run a backtest on gold to validate your work.
How to integrate Smart Money Concepts (OB) coupled with Fibonacci indicator for Optimal Trade Entry
The SMC (Order Block) are key areas where institutional traders initiate significant buying or selling. After a significant price move, fibonacci helps to identify potential retracement from a recent swing high to a swing low to identify optimal trade entry.
Automating Trading Strategies in MQL5 (Part 4): Building a Multi-Level Zone Recovery System
In this article, we develop a Multi-Level Zone Recovery System in MQL5 that utilizes RSI to generate trading signals. Each signal instance is dynamically added to an array structure, allowing the system to manage multiple signals simultaneously within the Zone Recovery logic. Through this approach, we demonstrate how to handle complex trade management scenarios effectively while maintaining a scalable and robust code design.
Movement continuation model - searching on the chart and execution statistics
This article provides programmatic definition of one of the movement continuation models. The main idea is defining two waves — the main and the correction one. For extreme points, I apply fractals as well as "potential" fractals - extreme points that have not yet formed as fractals.
Neural networks made easy (Part 29): Advantage Actor-Critic algorithm
In the previous articles of this series, we have seen two reinforced learning algorithms. Each of them has its own advantages and disadvantages. As often happens in such cases, next comes the idea to combine both methods into an algorithm, using the best of the two. This would compensate for the shortcomings of each of them. One of such methods will be discussed in this article.
Automating Trading Strategies in MQL5 (Part 14): Trade Layering Strategy with MACD-RSI Statistical Methods
In this article, we introduce a trade layering strategy that combines MACD and RSI indicators with statistical methods to automate dynamic trading in MQL5. We explore the architecture of this cascading approach, detail its implementation through key code segments, and guide readers on backtesting to optimize performance. Finally, we conclude by highlighting the strategy’s potential and setting the stage for further enhancements in automated trading.
Building and testing Keltner Channel trading systems
In this article, we will try to provide trading systems using a very important concept in the financial market which is volatility. We will provide a trading system based on the Keltner Channel indicator after understanding it and how we can code it and how we can create a trading system based on a simple trading strategy and then test it on different assets.
Neural networks made easy (Part 5): Multithreaded calculations in OpenCL
We have earlier discussed some types of neural network implementations. In the considered networks, the same operations are repeated for each neuron. A logical further step is to utilize multithreaded computing capabilities provided by modern technology in an effort to speed up the neural network learning process. One of the possible implementations is described in this article.
Deep Neural Networks (Part III). Sample selection and dimensionality reduction
This article is a continuation of the series of articles about deep neural networks. Here we will consider selecting samples (removing noise), reducing the dimensionality of input data and dividing the data set into the train/val/test sets during data preparation for training the neural network.
Trailing stop in trading
In this article, we will look at the use of a trailing stop in trading. We will assess how useful and effective it is, and how it can be used. The efficiency of a trailing stop largely depends on price volatility and the selection of the stop loss level. A variety of approaches can be used to set a stop loss.
Brute force approach to pattern search (Part III): New horizons
This article provides a continuation to the brute force topic, and it introduces new opportunities for market analysis into the program algorithm, thereby accelerating the speed of analysis and improving the quality of results. New additions enable the highest-quality view of global patterns within this approach.
Neural networks made easy (Part 27): Deep Q-Learning (DQN)
We continue to study reinforcement learning. In this article, we will get acquainted with the Deep Q-Learning method. The use of this method has enabled the DeepMind team to create a model that can outperform a human when playing Atari computer games. I think it will be useful to evaluate the possibilities of the technology for solving trading problems.
Multiple indicators on one chart (Part 04): Advancing to an Expert Advisor
In my previous articles, I have explained how to create an indicator with multiple subwindows, which becomes interesting when using custom indicators. This time we will see how to add multiple windows to an Expert Advisor.
Larry Williams Market Secrets (Part 4): Automating Short-Term Swing Highs and Lows in MQL5
Master the automation of Larry Williams’ short-term swing patterns using MQL5. In this guide, we develop a fully configurable Expert Advisor (EA) that leverages non-random market structures. We’ll cover how to integrate robust risk management and flexible exit logic, providing a solid foundation for systematic strategy development and backtesting.
Using Layouts and Containers for GUI Controls: The CGrid Class
This article presents an alternative method of GUI creation based on layouts and containers, using one layout manager — the CGrid class. The CGrid class is an auxiliary control that acts as a container for other containers and controls using a grid layout.
Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5
The article guides in demonstrating an automated algorithm based on EMA Crossovers for MetaTrader 5. Detailed information on all aspects of demonstrating an Expert Advisor in MQL5 and testing it in MetaTrader 5 - from analyzing price range behaviors to risk management.
Neural Networks Made Easy (Part 96): Multi-Scale Feature Extraction (MSFformer)
Efficient extraction and integration of long-term dependencies and short-term features remain an important task in time series analysis. Their proper understanding and integration are necessary to create accurate and reliable predictive models.
Creating Graphical Panels Became Easy in MQL5
In this article, we will provide a simple and easy guide to anyone who needs to create one of the most valuable and helpful tools in trading which is the graphical panel to simplify and ease doing tasks around trading which helps to save time and focus more on your trading process itself without any distractions.
Optimization. A Few Simple Ideas
The optimization process can require significant resources of your computer or even of the MQL5 Cloud Network test agents. This article comprises some simple ideas that I use for work facilitation and improvement of the MetaTrader 5 Strategy Tester. I got these ideas from the documentation, forum and articles.
Learn how to design a trading system by Bull's Power
Welcome to a new article in our series about learning how to design a trading system by the most popular technical indicator as we will learn in this article about a new technical indicator and how we can design a trading system by it and this indicator is the Bull's Power indicator.
How to create a trading journal with MetaTrader and Google Sheets
Create a trading journal using MetaTrader and Google Sheets! You will learn how to sync your trading data via HTTP POST and retrieve it using HTTP requests. In the end, You have a trading journal that will help you keep track of your trades effectively and efficiently.
Developing a trading Expert Advisor from scratch (Part 21): New order system (IV)
Finally, the visual system will start working, although it will not yet be completed. Here we will finish making the main changes. There will be quite a few of them, but they are all necessary. Well, the whole work will be quite interesting.
Raise Your Linear Trading Systems to the Power
Today's article shows intermediate MQL5 programmers how they can get more profit from their linear trading systems (Fixed Lot) by easily implementing the so-called technique of exponentiation. This is because the resulting equity curve growth is then geometric, or exponential, taking the form of a parabola. Specifically, we will implement a practical MQL5 variant of the Fixed Fractional position sizing developed by Ralph Vince.
Formulating Dynamic Multi-Pair EA (Part 5): Scalping vs Swing Trading Approaches
This part explores how to design a Dynamic Multi-Pair Expert Advisor capable of adapting between Scalping and Swing Trading modes. It covers the structural and algorithmic differences in signal generation, trade execution, and risk management, allowing the EA to intelligently switch strategies based on market behavior and user input.
Testing different Moving Average types to see how insightful they are
We all know the importance of the Moving Average indicator for a lot of traders. There are other Moving average types that can be useful in trading, we will identify these types in this article and make a simple comparison between each one of them and the most popular simple Moving average type to see which one can show the best results.
Trading with the MQL5 Economic Calendar (Part 1): Mastering the Functions of the MQL5 Economic Calendar
In this article, we explore how to use the MQL5 Economic Calendar for trading by first understanding its core functionalities. We then implement key functions of the Economic Calendar in MQL5 to extract relevant news data for trading decisions. Finally, we conclude by showcasing how to utilize this information to enhance trading strategies effectively.
MQL5 Cookbook - Multi-Currency Expert Advisor and Working with Pending Orders in MQL5
This time we are going to create a multi-currency Expert Advisor with a trading algorithm based on work with the pending orders Buy Stop and Sell Stop. This article considers the following matters: trading in a specified time range, placing/modifying/deleting pending orders, checking if the last position was closed at Take Profit or Stop Loss and control of the deals history for each symbol.
Social Trading with the MetaTrader 4 and MetaTrader 5 Trading Platforms
What is social trading? It is a mutually beneficial cooperation of traders and investors whereby successful traders allow monitoring of their trading and potential investors take the opportunity to monitor their performance and copy trades of those who look more promising.
Neural networks made easy (Part 6): Experimenting with the neural network learning rate
We have previously considered various types of neural networks along with their implementations. In all cases, the neural networks were trained using the gradient decent method, for which we need to choose a learning rate. In this article, I want to show the importance of a correctly selected rate and its impact on the neural network training, using examples.
Other classes in DoEasy library (Part 72): Tracking and recording chart object parameters in the collection
In this article, I will complete working with chart object classes and their collection. I will also implement auto tracking of changes in chart properties and their windows, as well as saving new parameters to the object properties. Such a revision allows the future implementation of an event functionality for the entire chart collection.
Introduction to Connexus (Part 1): How to Use the WebRequest Function?
This article is the beginning of a series of developments for a library called “Connexus” to facilitate HTTP requests with MQL5. The goal of this project is to provide the end user with this opportunity and show how to use this helper library. I intended to make it as simple as possible to facilitate study and to provide the possibility for future developments.
Analytical Volume Profile Trading (AVPT): Liquidity Architecture, Market Memory, and Algorithmic Execution
Analytical Volume Profile Trading (AVPT) explores how liquidity architecture and market memory shape price behavior, enabling more profound insight into institutional positioning and volume-driven structure. By mapping POC, HVNs, LVNs, and Value Areas, traders can identify acceptance, rejection, and imbalance zones with precision.
Building a Social Technology Startup, Part I: Tweet Your MetaTrader 5 Signals
Today we will learn how to link an MetaTrader 5 terminal with Twitter so that you can tweet your EAs' trading signals. We are developing a Social Decision Support System in PHP based on a RESTful web service. This idea comes from a particular conception of automatic trading called computer-assisted trading. We want the cognitive abilities of human traders to filter those trading signals which otherwise would be automatically placed on the market by the Expert Advisors.
MQL5 Trading Tools (Part 3): Building a Multi-Timeframe Scanner Dashboard for Strategic Trading
In this article, we build a multi-timeframe scanner dashboard in MQL5 to display real-time trading signals. We plan an interactive grid interface, implement signal calculations with multiple indicators, and add a close button. The article concludes with backtesting and strategic trading benefits
Integrating AI model into already existing MQL5 trading strategy
This topic focuses on incorporating a trained AI model (such as a reinforcement learning model like LSTM or a machine learning-based predictive model) into an existing MQL5 trading strategy.
Practical Use of Kohonen Neural Networks in Algorithmic Trading. Part I. Tools
The present article develops the idea of using Kohonen Maps in MetaTrader 5, covered in some previous publications. The improved and enhanced classes provide tools to solve application tasks.
How to Quickly Create an Expert Advisor for Automated Trading Championship 2010
In order to develop an expert to participate in Automated Trading Championship 2010, let's use a template of ready expert advisor. Even novice MQL5 programmer will be capable of this task, because for your strategies the basic classes, functions, templates are already developed. It's enough to write a minimal amount of code to implement your trading idea.
How to create a custom Donchian Channel indicator using MQL5
There are many technical tools that can be used to visualize a channel surrounding prices, One of these tools is the Donchian Channel indicator. In this article, we will learn how to create the Donchian Channel indicator and how we can trade it as a custom indicator using EA.
Developing a trading Expert Advisor from scratch (Part 18): New order system (I)
This is the first part of the new order system. Since we started documenting this EA in our articles, it has undergone various changes and improvements while maintaining the same on-chart order system model.
Revisiting an Old Trend Trading Strategy: Two Stochastic oscillators, a MA and Fibonacci
Old trading strategies. This article presents one of the strategies used to follow the trend in a purely technical way. The strategy is purely technical and uses a few technical indicators and tools to deliver signals and targets. The components of the strategy are as follows: A 14-period stochastic oscillator. A 5-period stochastic oscillator. A 200-period moving average. A Fibonacci projection tool (for target setting).