Articles, Library comments - page 11

Check out the new article: Automating The Market Sentiment Indicator . In this article, we automate a custom market sentiment indicator that classifies market conditions into bullish, bearish, risk-on, risk-off, and neutral. The Expert Advisor delivers real-time insights into prevailing sentiment

Check out the new article: Building AI-Powered Trading Systems in MQL5 (Part 2): Developing a ChatGPT-Integrated Program with User Interface . In this article, we develop a ChatGPT-integrated program in MQL5 with a user interface, leveraging the JSON parsing framework from Part 1 to send prompts to

New article R-squared as an estimation of quality of the strategy balance curve has been published: This article describes the construction of the custom optimization criterion R-squared. This criterion can be used to estimate the quality of a strategy's balance curve and to select the most smoothly

New article Tips for an Effective Product Presentation on the Market has been published: Selling programs to traders effectively does not only require writing an efficient and useful product and then publishing it on the Market. It is vital to provide a comprehensive, detailed description and good

Check out the new article: MetaTrader 5 Machine Learning Blueprint (Part 1): Data Leakage and Timestamp Fixes . Before we can even begin to make use of ML in our trading on MetaTrader 5, it’s crucial to address one of the most overlooked pitfalls—data leakage. This article unpacks how data leakage

Better volume : Better Volume is an advanced indicator designed to analyse the behaviour of volume on price charts. It combines volume information with metrics such as candlestick range and moving averages to identify important patterns in the market, such as buy/sell climaxes, churn and weak

Check out the new article: Developing Trading Strategies with the Parafrac and Parafrac V2 Oscillators: Single Entry Performance Insights . This article introduces the ParaFrac Oscillator and its V2 model as trading tools. It outlines three trading strategies developed using these indicators. Each

Check out the new article: Developing a Volatility Based Breakout System . Volatility based breakout system identifies market ranges, then trades when price breaks above or below those levels, filtered by volatility measures such as ATR. This approach helps capture strong directional moves. Many

Check out the new article: Simplifying Databases in MQL5 (Part 2): Using metaprogramming to create entities . We explored the advanced use of #define for metaprogramming in MQL5, creating entities that represent tables and column metadata (type, primary key, auto-increment, nullability, etc.). We

Check out the new article: Price Action Analysis Toolkit Development (Part 41): Building a Statistical Price-Level EA in MQL5 . Statistics has always been at the heart of financial analysis. By definition, statistics is the discipline that collects, analyzes, interprets, and presents data in

Check out the new article: Neuro-symbolic systems in algorithmic trading: Combining symbolic rules and neural networks . The article describes the experience of developing a hybrid trading system that combines classical technical analysis with neural networks. The author provides a detailed analysis

MQL5 Wizard - Trade Signals Based on 3 Black Crows/3 White Soldiers + Stochastic : The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in MQL5 Wizard for the details). It

COLLECT ALL INDICATORS DATA : This Script collects all MQL5 built-in indicators buffers and stores them in a CSV file for analysis purposes Author: Omega J Msigwa

Check out the new article: Build Self Optimizing Expert Advisors in MQL5 (Part 2): USDJPY Scalping Strategy . Join us today as we challenge ourselves to build a trading strategy around the USDJPY pair. We will trade candlestick patterns that are formed on the daily time frame because they

Indices Pulse MT5 EA v1.0 : Indices Pulse MT5 EA - A Complete Trading Robot with News & Session Filters Author: Md Abdul Manann

Check out the new article: Price Action Analysis Toolkit Development (Part 40): Market DNA Passport . This article explores the unique identity of each currency pair through the lens of its historical price action. Inspired by the concept of genetic DNA, which encodes the distinct blueprint of every

Check out the new article: Pipelines in MQL5 . In this piece, we look at a key data preparation step for machine learning that is gaining rapid significance. Data Preprocessing Pipelines. These in essence are a streamlined sequence of data transformation steps that prepare raw data before it is fed

RSI adjusted SuperTrend : simple atr supertrend with rsi filter Author: Mohammed Kaddour

Check out the new article: Functions for activating neurons during training: The key to fast convergence? . This article presents a study of the interaction of different activation functions with optimization algorithms in the context of neural network training. Particular attention is paid to the

Check out the new article: From Novice to Expert: Animated News Headline Using MQL5 (XI)—Correlation in News Trading . In this discussion, we will explore how the concept of Financial Correlation can be applied to improve decision-making efficiency when trading multiple symbols during major economic

Check out the new article: Introduction to MQL5 (Part 21): Automating Harmonic Pattern Detection . Learn how to detect and display the Gartley harmonic pattern in MetaTrader 5 using MQL5. This article explains each step of the process, from identifying swing points to applying Fibonacci ratios and

New article MQL5 Cookbook: ОСО Orders has been published: Any trader's trading activity involves various mechanisms and interrelationships including relations among orders. This article suggests a solution of OCO orders processing. Standard library classes are extensively involved, as well as new

Check out the new article: The Parafrac V2 Oscillator: Integrating Parabolic SAR with Average True Range . The Parafrac V2 Oscillator is an advanced technical analysis tool that integrates the Parabolic SAR with the Average True Range (ATR) to overcome limitations of its predecessor, which relied on

Check out the new article: Developing A Custom Account Performace Matrix Indicator . This indicator acts as a discipline enforcer by tracking account equity, profit/loss, and drawdown in real-time while displaying a performance dashboard. It can help traders stay consistent, avoid overtrading, and

New article How to Buy a Trading Robot on MQL5 Market? is published: Now you also can use trading robots and any technical indicators with MetaTrader 5. All you need to do is to launch MetaTrader 5 trading terminal and open Market tab of Toolbox window. Author: MetaQuotes

TRIX (using double smoothed Wilder's EMA) : Short description. Author: Mladen Rakic

Profit Maximiser : Profit Maximiser (PMax) Indicator is an indicator created by integrating the moving average of the Supertrend indicator. Author: Mahmut Deniz

Check out the new article: From Novice to Expert: Implementation of Fibonacci Strategies in Post-NFP Market Trading . In financial markets, the laws of retracement remain among the most undeniable forces. It is a rule of thumb that price will always retrace—whether in large moves or even within the

Check out the new article: Quantum computing and trading: A fresh approach to price forecasts . The article describes an innovative approach to forecasting price movements in financial markets using quantum computing. The main focus is on the application of the Quantum Phase Estimation (QPE)

New article Using Self-Organizing Feature Maps (Kohonen Maps) in MetaTrader 5 is published: One of the most interesting aspects of Self-Organizing Feature Maps (Kohonen maps) is that they learn to classify data without supervision. In its basic form it produces a similarity map of input data