All Blogs

Searching for the “best forex EA” produces plenty of rankings and very little agreement about what best means. An impressive return might come from a historical simulation, a short live record or settings you will never receive...

When an Expert Advisor is in a drawdown, the useful question is not "how big is it?" but "is it normal for this strategy?" A strategy with a 25% worst drawdown in its history is not in trouble at 15%, and a calm one that has never lost more than 3% is in unusual territory at 6...

Volatility is the one thing in markets that can be forecast with some skill. I wanted to know how much a neural network or gradient boosting adds to the standard method, and whether sizing trades by the forecast is worth it. As before, the pass criteria were written down before the run...

1. Introducing the indicator EQH EQL Liquidity Zones Multi TF Scanner helps you identify clusters of nearly equal highs or lows, track active price zones and observe reactions when price returns...

I expect gold to make an attempt to reach the $3,500 support level next week . The Fed is currently at 4.00% after the October hold, but December is almost fully priced for a hike—likely 25bp to 4.25%, with a small chance of 50bp...

An evaluation with a profit target and a maximum loss is a random walk between two absorbing barriers. For a trader with no edge, +1R and -1R equally likely and no time cap, the pass probability is limit / (target + limit). At a +8 % target and a -10 % maximum loss that is 10/18, or 55.6...

A smooth, almost straight equity curve with a 90% win rate is one of the most attractive things you can see in a backtest. Very often, it comes from a grid or martingale system. How the illusion works A losing trade is not closed. Instead, the EA adds more positions, often with bigger lots...

What a Forex Copier Actually Does: The Seven Core Functions — COPYLATOR – MT5 Trade Copier Product link: https://www.mql5.com/en/ market/product/191385 A trade copier is often described in one sentence: it copies trades from one account to another...

After gold, I repeated the same walk-forward test on USD/JPY, and then added what a trader would expect to matter most for this pair: the US-Japan rate gap, the time to scheduled events, and the surprise (actual minus forecast) of each economic release...

I wanted to know whether a neural network can find a tradable edge on gold H1 that simple rules cannot. Before running anything I wrote down the pass criteria, then ran a walk-forward test. The answer was no. Here is how it was done, so that you can check it or repeat it...

Product: Median World on the MQL5 Market . It's a MetaTrader 5 utility. It doesn't trade and it isn't a forecast. The problem: a backtest is one path A backtest shows what your Expert Advisor did on the one price history that actually happened...

How long did it take a backtest to double its closed balance, and did the later doublings come faster? For the backtests of 8 EAs we list on the Market, we followed the month-end closed balance and marked the first month it stood at 2x the initial deposit, then 4x, 8x and so on...

ValeriaGold V1.88 — What Changed Since August Eleven trend-following strategies on XAUUSD across M5, M15, M30, H1 and H4. Live since August. Most changes since then reduce the number of trades rather than increase it...

How to Manage Five Take Profit Levels in MT5 — Introducing Matrix Trade Pad Pro v3.23 Managing multiple profit targets manually in MetaTrader 5 can be time-consuming, especially when traders need to adjust position sizes, protect profits, and monitor several exits. Matrix Trade Pad Pro v3...

OBSIDIAN RIBBON MT5 FREE DOWNLOAD (MT5): https://www.mql5.com/en/market/product/208523 Every trader knows the feeling. You spot a strong trend, but price is already far away. Jump in now and you’re buying the top of the move. Wait, and the train leaves without you...

JET Weis Waves PRO is a paid indicator for MetaTrader 5 that draws the price waves on the price chart and shows, for each wave, how much volume it needed, how long it took, how far it went and its delta (buying minus selling volume), compared with the previous waves in the same direction...

Candle Counter RSJ is an indicator for MetaTrader 5 that numbers the candles of the current day. The first candle of the day is number 1, and each new candle adds one. It is an indicator only: it never opens, closes or changes orders...

Williams %R Indicator Strategy: How to Trade Overbought, Oversold, and Divergence Signals Introduction: Understanding the Williams %R Indicator Finding the right entry point is one of the biggest challenges in Forex trading...

Prop Firm Risk Guard PRO is an Expert Advisor for MetaTrader 5 that watches the whole account against the limits you set, the same kind of limits found in evaluation and challenge rules: daily loss limit, maximum drawdown (static or trailing) and profit targets...

Trade Panel and Risk Manager PRO is an Expert Advisor for MetaTrader 5 that puts a trading panel on the chart: one-click orders sized by the % of the account you want to risk, entry, stop loss and take profit lines you drag on the chart, buttons to close all, close half or move the stop to break...