Articles, Library comments - page 10

BSI Trend and Channel : This indicator shows trend line and channels using the BSI Indicator. Original work of https://www.mql5.com/en/code/13615 Author: Livio Alves

Trend Rider Alert : Trend Rider is a combination of several indicators eg super trend, rsi, and macd to assist in spotting and riding trends by showing direction inform of color candles and also showing trailing stop levels, It can be used independently or with additional filters. Author: Andrew

Constant Range Channel : A simple indicator plotting a channel with a constant range Author: Fernando Carreiro

HLC Trend confirmation indicator : Confirmation (trend) indicator used for lower timeframes Author: Serhad Yildirim

Check out the new article: Developing a Replay System (Part 66): Playing the service (VII) . In this article, we will implement the first solution that will allow us to determine when a new bar may appear on the chart. This solution is applicable in a wide variety of situations. Understanding its

BMA or Band Moving Average MT5 : BMA MetaTrader indicator or Band Moving Average — was created by using the original moving average indicator and the idea from one of the site's visitors. The indicator displays itself in the form of three lines: the central one is the standard MT4/MT5 moving average

Check out the new article: MQL5 Wizard Techniques you should know (Part 62): Using Patterns of ADX and CCI with Reinforcement-Learning TRPO . The ADX Oscillator and CCI oscillator are trend following and momentum indicators that can be paired when developing an Expert Advisor. We continue where we

TrendMagic: The Trend Magic indicator. It uses the Commodity Channel Index (period=50) and Average True Range (period=5) indicators for the calculations. Author: Сергей

Price_Channel: It's a well-known indicator that shows maximal and minimal prices (and average values) of the last n bars. Author: Александр

Schaff Trend Cycle MT5 : Schaff Trend Cycle (MetaTrader indicator) — is a cyclical oscillator created by calculating the stochastic over stochastic over a MACD line using cycles. The result is the improved version of the oscillator that is not choppy during the trends and reacts to the changes very

RSIOMA MT5 : RSIOMA MetaTrader indicator — this indicator takes two moving averages, calculates their RSI (Relative Strength Index) and then also adds a moving average of the calculated RSI. These two lines now can accurately signal the trend changes. They are shown in the separate window where they

Buy Sell Stop Buttons: "Buy Sell Stop Buttons" EA sets up 3 buttons for manual trading and allows to predetermine trailing stoploss & take profit, open and close all trades at once. Author: Aharon Tzadik

Multi_ATR_Bands: Three ATR Bands with multiple selection Author: Scriptor

Check out the new article: Data Science and ML (Part 37): Using Candlestick patterns and AI to beat the market . Candlestick patterns help traders understand market psychology and identify trends in financial markets, they enable more informed trading decisions that can lead to better outcomes. In

wd.Range_DailyAvg : This indicator helps user estimate the potential price movement for the current day, based on 20 days historical data and market trends. Author: Widy Prasetyo

Brooky Trend Strength for MT5 : This indicator calls 3 other subwindow indicators. All files go in your Indicators folder. Author: Ryan L Johnson

Trending or Ranging and Trend Strength Indicator: The indicator shows the power of the trend that is in place and whether a pair is trending or ranging. Many user adjustable variables. Author: marc weedbrook

Check out the new article: Formulating Dynamic Multi-Pair EA (Part 2): Portfolio Diversification and Optimization . Portfolio Diversification and Optimization strategically spreads investments across multiple assets to minimize risk while selecting the ideal asset mix to maximize returns based on

Check out the new article: Creating Dynamic MQL5 Graphical Interfaces through Resource-Driven Image Scaling with Bicubic Interpolation on Trading Charts . In this article, we explore dynamic MQL5 graphical interfaces, using bicubic interpolation for high-quality image scaling on trading charts. We

Stochastic Buy Sell Arrows with Alert: Buy and Sell arrows based on exit from overbought and oversold region in Stochastic Oscillator. Author: Nitin Raj

Check out the new article: The Kalman Filter for Forex Mean-Reversion Strategies . The Kalman filter is a recursive algorithm used in algorithmic trading to estimate the true state of a financial time series by filtering out noise from price movements. It dynamically updates predictions based on new

Check out the new article: From Novice to Expert: The Essential Journey Through MQL5 Trading . Unlock your potential! You're surrounded by opportunities. Discover 3 top secrets to kickstart your MQL5 journey or take it to the next level. Let's dive into discussion of tips and tricks for beginners

Check out the new article: DoEasy. Service functions (Part 3): Outside Bar pattern . In this article, we will develop the Outside Bar Price Action pattern in the DoEasy library and optimize the methods of access to price pattern management. In addition, we will fix errors and shortcomings identified

Random Trader with Customizable Risk/Reward Ratio, Break-Even : The EA opens positions randomly (50/50 chance for Buy or Sell) when no position is open. Author: Salman Soltaniyan

Check out the new article: Portfolio Risk Model using Kelly Criterion and Monte Carlo Simulation . For decades, traders have been using the Kelly Criterion formula to determine the optimal proportion of capital to allocate to an investment or bet to maximize long-term growth while minimizing the

Check out the new article: MQL5 Wizard Techniques you should know (Part 53): Market Facilitation Index . The Market Facilitation Index is another Bill Williams Indicator that is intended to measure the efficiency of price movement in tandem with volume. As always, we look at the various patterns of

Flat Channel: The Expert Advisor trades in a channel. When a flat channel is found or when the market slows down, the EA places a pending order expecting the channel breakout. Author: Vladimir Karputov

Check out the new article: Atmosphere Clouds Model Optimization (ACMO): Practice . In this article, we will continue diving into the implementation of the ACMO (Atmospheric Cloud Model Optimization) algorithm. In particular, we will discuss two key aspects: the movement of clouds into low-pressure

Check out the new article: HTTP and Connexus (Part 2): Understanding HTTP Architecture and Library Design . This article explores the fundamentals of the HTTP protocol, covering the main methods (GET, POST, PUT, DELETE), status codes and the structure of URLs. In addition, it presents the beginning

Kuskus Starlight : Kuskus Starlight is an oscillator that utilizes a Fisher price transformation to identify trends and potential reversals. The original MT4 code by Scriptor is available at: https://www.mql5.com/en/code/8365. Author: Marteo Gonzales Cosme