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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...

Mastering Market Time: The Official VISTmany Terminology is Now Live! Greetings, fellow traders and developers! Throughout the development of the VISTmany project, we have introduced a variety of innovative concepts regarding the analysis of market time...

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...

Brian Shannon managed 2.5Mil in his twenties in 1994. He has remained a profitable trader through the dot-com boom and crash, the 2008 crisis, the 2020 COVID crash, the 2022 bear market, and recent market crazyness. Brian invented the Anchored VWAP and published books and hundreds articles...

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...

A smooth equity curve can create a false sense of certainty. This does not mean that the backtest is wrong. It means that the backtest contains only one historical sequence of wins and losses...

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...

The panel has CAD at the top of the eight at +0.06 and CHF alone at the bottom at −0.09. On that reading they are as far apart as the ranking allows. CADCHF weekly, closed 02 August bar. The panel ranks the eight currencies on recent movement — CAD strongest at +0.06, CHF weakest at −0.09...

A portfolio of trading strategies means one account never depends on one idea: several strategies with different logic, different markets and low correlation share the risk, so one strategy's bad month is noise instead of a crisis. I run that structure twice...