Articles, Library comments - page 18

MT5 to MT4 Set File Converter : This script converts multiple .set files from MT5 format to MT4 format. This is a necessary step for optimizing and running cross-compatible EAs. MetaTrader 5 is able to load .set files created in MT4, however, the format it saves set files in is not compatible with

Alert Crossing Moving Average Nth Bar : An alert (an audio alert, email and push notification) is generated when the iMA (Moving Average, MA) indicator crosses the bar with index N. Author: Vladimir Karputov

EA Stochastic Bollinger Bands Multi - Timeframe : This MQL4 code implements an Expert Advisor (EA) that trades based on the Stochastic Oscillator and Bollinger Bands indicators across multiple timeframes (M1, M5, and M15). Author: Trap Music

Check out the new article: Price Action Analysis Toolkit Development (Part 24): Price Action Quantification Analysis Tool . Candlestick patterns offer valuable insights into potential market moves. Some single candles signal continuation of the current trend, while others foreshadow reversals

Check out the new article: MQL5 Wizard Techniques you should know (Part 26): Moving Averages and the Hurst Exponent . The Hurst Exponent is a measure of how much a time series auto-correlates over the long term. It is understood to be capturing the long-term properties of a time series and therefore

Local Timezones and Local Session Hours : Class to access to the local time for the specified location, as well as time zone information and the local trading session hours. Author: amrali

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: Developing a Replay System (Part 69): Getting the Time Right (II) . Today we will look at why we need the iSpread feature. At the same time, we will understand how the system informs us about the remaining time of the bar when there is not a single tick available for it

Check out the new article: MQL5 Wizard Techniques you should know (Part 66): Using Patterns of FrAMA and the Force Index with the Dot Product Kernel . The FrAMA Indicator and the Force Index Oscillator are trend and volume tools that could be paired when developing an Expert Advisor. We continue

Check out the new article: Data Science and ML (Part 41): Forex and Stock Markets Pattern Detection using YOLOv8 . Detecting patterns in financial markets is challenging because it involves seeing what's on the chart, something that's difficult to undertake in MQL5 due to image limitations. In this

Check out the new article: Overcoming The Limitation of Machine Learning (Part 2): Lack of Reproducibility . The article explores why trading results can differ significantly between brokers, even when using the same strategy and financial symbol, due to decentralized pricing and data discrepancies

Hull moving average : Hull moving average Author: Mladen Rakic

Time Segmented Volume (TSV) : Based on the original “Time Segmented Volume (TSV)” developed by Worden Brothers, Inc. Author: Fernando Carreiro

Auto SL TP by Risk Reward Ratio : The Auto SL TP by Risk Reward Ratio script is a simple yet powerful tool designed for MetaTrader 5 traders who want to streamline their risk management process. This script automates the process of setting Stop Loss (SL) and Take Profit (TP) levels for open

Check out the new article: Implementing a Rapid-Fire Trading Strategy Algorithm with Parabolic SAR and Simple Moving Average (SMA) in MQL5 . In this article, we develop a Rapid-Fire Trading Expert Advisor in MQL5, leveraging the Parabolic SAR and Simple Moving Average (SMA) indicators to create a

Check out the new article: How to Create an Interactive MQL5 Dashboard/Panel Using the Controls Class (Part 1): Setting Up the Panel . In this article, we create an interactive trading dashboard using the Controls class in MQL5, designed to streamline trading operations. The panel features a title

Check out the new article: Neural Networks in Trading: Controlled Segmentation . In this article. we will discuss a method of complex multimodal interaction analysis and feature understanding. The task of guided segmentation requires the isolation of a specific region within a point cloud based on a

CTsLogger is a simple and flexible logging system : Logger with the ability to log individual modules or code sections Author: Trefoter

Multi_BuyLimitOrders & Multi_BuyStopOrders : Multi buylimit and buystop orders are script files that enable traders to place multiple orders with ease. With just one command, traders can place multiple buylimit or buystop orders using either a target price or pips. By default, the pips value is set

Check out the new article: Time series clustering in causal inference . Clustering algorithms in machine learning are important unsupervised learning algorithms that can divide the original data into groups with similar observations. By using these groups, you can analyze the market for a specific

Terminator_v2.0 : Initial position opens by indicator signals (there are six variants). If loss position occurs, adding with the increasing lot performs Author: Дмитрий

Check out the new article: Developing a Trading System Based on the Order Book (Part I): Indicator . Depth of Market is undoubtedly a very important element for executing fast trades, especially in High Frequency Trading (HFT) algorithms. In this series of articles, we will look at this type of

New article Limitless Opportunities with MetaTrader 5 and MQL5 is published: In this article, I would like to give an example of what a trader's program can be like as well as what results can be achieved in 9 months, having started to learn MQL5 from scratch. This example will also show how

Check out the new article: Creating an Interactive Graphical User Interface in MQL5 (Part 1): Making the Panel . This article explores the fundamental steps in crafting and implementing a Graphical User Interface (GUI) panel using MetaQuotes Language 5 (MQL5). Custom utility panels enhance user

EquiPeak Drawdown Tracker : EquiPeak Drawdown Tracker is an indicator designed to monitor and record the maximum drawdown of your trading account in real time. It is not just an alerter of current drawdown; it is especially useful for visually comparing your current drawdown with the maximum

Check out the new article: Automating Trading Strategies in MQL5 (Part 17): Mastering the Grid-Mart Scalping Strategy with a Dynamic Dashboard . In this article, we explore the Grid-Mart Scalping Strategy, automating it in MQL5 with a dynamic dashboard for real-time trading insights. We detail its

Check out the new article: Neural Networks in Trading: Mask-Attention-Free Approach to Price Movement Forecasting . In this article, we will discuss the Mask-Attention-Free Transformer (MAFT) method and its application in the field of trading. Unlike traditional Transformers that require data

VWAP - Volume Weighted Average Price : VWAP is an intra-day calculation used primarily by algorithms and institutional traders to assess where a stock is trading relative to its volume weighted average for the day. Author: Felipe Almeida

Check out the new article: Developing a Calendar-Based News Event Breakout Expert Advisor in MQL5 . Volatility tends to peak around high-impact news events, creating significant breakout opportunities. In this article, we will outline the implementation process of a calendar-based breakout strategy

Range BreakOut Indicator - Indicator Buffer Only : This indicator for Breakout Strategy. It doesn't print objects on the chart. Author: Sopheak Khlot