Most conversations about Expert Advisors start in the same place: the entry. Which indicator, which pattern, which session, which timeframe. Risk management, if it appears at all, comes last — a stop-loss bolted on at the end, a lot size chosen by feel. We build in the opposite order...
Every algorithmic trader eventually runs into the same uncomfortable fact: the best strategy you have will, at some point, stop making money for months. Usually nothing is broken. The market condition that feeds the strategy has simply gone away for a while...
Introduction Most Expert Advisors start life the same way. Someone notices a promising setup, turns it into code, optimizes the parameters until the equity curve looks clean, and considers the work done...
Official support page for VENIQOR Gold Breakout PRO MT4. Download the User Guide, recommended SET files and optimization files below. Recommended setup: XAUUSD | M15 | MetaTrader 4 For live High Impact USD News Protection, allow this URL in MT4 WebRequest settings: https://nfs.faireconomy.media...
AetherRetrace is a MetaTrader 5 Expert Advisor with one job: sell-only pullbacks on EURUSD H1. No martingale. No grid. No recovery. One position, a stop-loss, a target of at least 1:1, and lot size from a risk percent. It is a selective robot, not a daily scalper...
XAUUSD: BUY 4339.15-4394.25, TP1-4449.35, TP2-4658.05. Exclusively for our readers — get $10 to start trading with no deposit required ! Register, complete verification, and enter the promo code MQL10 in your Client Area...
Here is the most expensive lesson from our testing year, in one sentence: a strategy that has only been proven on one broker's data has not been proven at all. What happened We had a promising trend system...
How to Use a Demo Trading Account the Right Way A demo trading account is one of the best tools available to a new trader, but only when it is used seriously...
Support and Resistance for Beginners Support and resistance are two of the most widely used concepts in technical analysis. They describe areas on a price chart where the market has previously paused, reversed, accelerated, or attracted noticeable buying and selling interest...
Expert Advisors vs Manual Trading: Which Is Better? There is no universal winner between Expert Advisors and manual trading. The better approach depends on the strategy, the trader’s skills, available time, risk tolerance, and ability to follow a plan consistently...
Are Forex Expert Advisors Actually Profitable? The honest answer is: some Expert Advisors can be profitable, many are not, and no EA can guarantee future profits. An Expert Advisor, or EA, is software that follows programmed trading rules inside MetaTrader 5...
Candle Strength Is Not Trade Probability: How to Read Power, Direction and Context Candlesticks are one of the simplest tools on a trading chart. They are also among the easiest to misunderstand. A large bullish candle appears and traders assume buyers are now in control...
Pullback or Reversal? How to Read the Difference and Trade with Confidence One of the most expensive mistakes traders make is confusing a normal pullback with the beginning of a genuine reversal. Price has been moving higher. A few bearish candles suddenly appear...
MQL5 vs Python for Algorithmic Trading: Which Language Should You Learn? New algorithmic traders often ask whether they should learn MQL5 or Python first. The most useful answer is not that one language is universally better...
How to Backtest an MT5 Expert Advisor Properly Backtesting is the process of running an Expert Advisor (EA) against historical market data to see how its rules would have behaved in the past...
How to Install an Expert Advisor in MetaTrader 5 Installing an Expert Advisor (EA) in MetaTrader 5 is usually straightforward, but several settings must be correct before the EA can trade...
What Is an Expert Advisor (EA) in MetaTrader 5? An Expert Advisor , often called an EA, is a trading program designed to run in the MetaTrader 5 (MT5) platform...
Timing Matters: Why a Trading Strategy Should Not Enter Late In algorithmic trading, we often spend enormous amounts of time deciding what should trigger an entry. Much less attention is given to when that signal is still valid . That distinction matters more than it seems...
As the MT5 Tester does not natively support reporting hourly profit and loss by deal-entry-in (only deal-entry-out), I created this MQL5 Service to to generate custom backtest reports limited to, and based on, deal-entry-in times...
User Guide · Web Edition Contents 01 · SMC Pro Toolkit User Guide 02 · Contents and edition details 03 · Start with the workspace 04 · Read the active setup 05 · Read why the setup qualified 06 · Compare and choose MTF context 07 · Configure structure overlays 08 · Inspect zones in the right scop...
