Articles, Library comments - page 12

New article The Most Active MQL5.community Members Have Been Awarded iPhones! is published: We have long been planning to encourage the most active MQL5.com participants contributing to the Community development. Therefore, the new rating system has been implemented on the website. Articles, Code

Moving Average Crossover with and without Martingale functionality: The power of Martingale : Moving averages are useless. In fact, some argue that the best way to lose money for a beginner are MA-Price crossover strategies. But is it possible to make it work? Author: Peter Mueller

Check out the new article: Price Driven CGI Model: Theoretical Foundation . Let's discuss the data manipulation algorithm, as we dive deeper into conceptualizing the idea of using price data to drive CGI objects. Think about transferring the effects of events, human emotions and actions on financial

Check out the new article: Automated Parameter Optimization for Trading Strategies Using Python and MQL5 . There are several types of algorithms for self-optimization of trading strategies and parameters. These algorithms are used to automatically improve trading strategies based on historical and

Check out the new article: News Trading Made Easy (Part 2): Risk Management . In this article, inheritance will be introduced into our previous and new code. A new database design will be implemented to provide efficiency. Additionally, a risk management class will be created to tackle volume

Check out the new article: Eigenvectors and eigenvalues: Exploratory data analysis in MetaTrader 5 . In this article we explore different ways in which the eigenvectors and eigenvalues can be applied in exploratory data analysis to reveal unique relationships in data. Principal Component Analysis

Check out the new article: Creating a Daily Drawdown Limiter EA in MQL5 . The article discusses, from a detailed perspective, how to implement the creation of an Expert Advisor (EA) based on the trading algorithm. This helps to automate the system in the MQL5 and take control of the Daily Drawdown

New article MQL5 Cookbook: Development of a Multi-Symbol Indicator to Analyze Price Divergence has been published: In this article, we will consider the development of a multi-symbol indicator to analyze price divergence in a specified period of time. The core topics have been already discussed in...

WPR with Bollinger bands: Williams %R, WPR, or just %R, is a technical analysis oscillator showing the current closing price in relation to the high and low of the past N days (for a given N). It was developed by a publisher and promoter of trading materials, Larry Williams. Its purpose is...

RSI Scanner : Simple indicator that will scan thru the symbols in the MarketWatch window to alert you if price is overbought or oversold based on RSI. Author: Conor Dailey

Check out the new article: Mastering ONNX: The Game-Changer for MQL5 Traders . Dive into the world of ONNX, the powerful open-standard format for exchanging machine learning models. Discover how leveraging ONNX can revolutionize algorithmic trading in MQL5, allowing traders to seamlessly integrate

Check out the new article: Neural networks made easy (Part 79): Feature Aggregated Queries (FAQ) in the context of state . In the previous article, we got acquainted with one of the methods for detecting objects in an image. However, processing a static image is somewhat different from working with

4 Sessions: Shows 4 sessions: Pacific, Asian, European, American. Author: Andrew

MultiTimeFrame Indicator: This indicator help you keep 3 different timeframes on the screen to see the price action clearly on both short term and long term without switching buttons. Author: SLIMFX

Daily Open Line: An simple Indicator displaying daily opening line. Author: Muhammad Syamil Bin Abdullah

Ronz AutoSLTP for MT5 : Converted Ronz AutoSLTP MT4 version into MT5 version. Original Link: https://www.mql5.com/en/code/11649 Original Descriptions: EA for Automatic Stop Loss, Take Profit, Profit Lock, and Trailing Stop (With Special Methods). SL and TP could be hidden. Author: DADALI ARWALY

Check out the new article: Neural networks made easy (Part 78): Decoder-free Object Detector with Transformer (DFFT) . In this article, I propose to look at the issue of building a trading strategy from a different angle. We will not predict future price movements, but will try to build a trading

AutoTrendLines: Indicator automatically identifies points and it draws support and resistance trend lines on them. There are two type of calculation lines. Author: Serhii Ivanenko

Check out the new article: Monte Carlo Permutation Tests in MetaTrader 5 . In this article we take a look at how we can conduct permutation tests based on shuffled tick data on any expert advisor using only MetaTrader 5. Obviously after exporting the file, make a note of where it is saved and open

QuickTradeKeys123 : QuickTradeKeys 123 is a user-friendly Expert Advisor (EA) for MetaTrader 5, enabling traders to execute buy and sell operations quickly by simply pressing the numbers '1' and '2' on their keyboard. Pressing '3' closes all open positions. This EA is ideal for swift trading and

Super Trend Averages: Super trend indicator with 18 possible averages for calculation. Author: Mladen Rakic

RoNz Auto SL-TS-TP v.2: EA for Automatic StopLoss, Take Profit, Profit Lock, and Trailing Stop. SL and TP could be hidden. Author: Roni Nafrianto

New article Library for easy and quick development of MetaTrader programs (part IV): Trading events has been published: In the previous articles, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. We already have...

Risk reward box : This Indicator creates automatically a Risk/Reward Box on you all opened chart base on High, Low price with the old candles. You can use it easily to drag and change size and price to your desire wanted. Author: Livio Alves

Classic 2 Moving Averages crossover EA: Classic and one of the most popular trading strategies. Buy when fast MA crosses slow MA from below and sell when it crosses it from above. The EA is automatically generated with Mission Automate - visual strategy builder. https://www.mql5...

Check out the new article: Data Science and Machine Learning (Part 25): Forex Timeseries Forecasting Using a Recurrent Neural Network (RNN) . Recurrent neural networks (RNNs) excel at leveraging past information to predict future events. Their remarkable predictive capabilities have been applied

Check out the new article: Neural networks made easy (Part 77): Cross-Covariance Transformer (XCiT) . In our models, we often use various attention algorithms. And, probably, most often we use Transformers. Their main disadvantage is the resource requirement. In this article, we will consider a new

New article Patterns with Examples (Part I): Multiple Top has been published: This is the first article in a series related to reversal patterns in the framework of algorithmic trading. We will begin with the most interesting pattern family, which originate from the Double Top and Double Bottom

SL&TP Values: Indicator displays the value of defined stop loss and or take profit in the deposit currency. Note: It calculates an estimated value based on a simple calculation and does not take into account brokerage commissions. Author: MhFx7

Check out the new article: Design Patterns in software development and MQL5 (part one): Creational Patterns . There are methods that can be used to solve many problems that can be repeated. Once understand how to use these methods it can be very helpful to create your software effectively and apply