Articles, Library comments - page 18

3 way Aroon value calculation : Showing different ways of the Aroon values calculation Author: Johan Gerard W Martens

Check out the new article: Mastering Log Records (Part 8): Error Records That Translate Themselves . In this eighth installment of the Mastering Log Records series, we explore the implementation of multilingual error messages in Logify, a powerful logging library for MQL5. You’ll learn how to

Pending tread EA (Best for Gold) : The Pending_tread EA is a versatile and easy-to-use trading robot designed to automate the placement and management of multiple pending orders arranged in a grid pattern above and below the current market price. This EA is well-suited for scalping strategies and

Stochastic Eclipse - MT4 EA : By identifying overbought and oversold conditions, it helps traders catch early reversals, ride strong momentum shifts, and filter false signals. Author: Ajinkya Pradip

xoshiro128 Random Number Generator : The 32-bit xoshiro128** Random Number Generator. Author: amrali

Check out the new article: Statistical Arbitrage Through Cointegrated Stocks (Part 5): Screening . This article proposes an asset screening process for a statistical arbitrage trading strategy through cointegrated stocks. The system starts with the regular filtering by economic factors, like asset

Quantile Price Analysis : Quantile Price Analysis by Jas Wu, Calculations are below. Author: I Kai Wu

Check out the new article: MQL5 Wizard Techniques you should know (Part 80): Using Patterns of Ichimoku and the ADX-Wilder with TD3 Reinforcement Learning . This article follows up ‘Part-74’, where we examined the pairing of Ichimoku and the ADX under a Supervised Learning framework, by moving our

Check out the new article: Introduction to MQL5 (Part 19): Automating Wolfe Wave Detection . This article shows how to programmatically identify bullish and bearish Wolfe Wave patterns and trade them using MQL5. We’ll explore how to identify Wolfe Wave structures programmatically and execute trades

Check out the new article: Automating Trading Strategies in MQL5 (Part 33): Creating a Price Action Shark Harmonic Pattern System . In this article, we develop a Shark pattern system in MQL5 that identifies bullish and bearish Shark harmonic patterns using pivot points and Fibonacci ratios

Check out the new article: Building AI-Powered Trading Systems in MQL5 (Part 1): Implementing JSON Handling for AI APIs . In this article, we develop a JSON parsing framework in MQL5 to handle data exchange for AI API integration, focusing on a JSON class for processing JSON structures. We implement

High-performance iTimeSeries for time-sensitive applications : This time-series library brings lightning-fast timeseries access to MQL5 for time-sensitive applications while implementing the familiar methods of MQL4, e.g. iBarShift. Example: #include <itimeseries_nicholishen.mqh> //--- global

Check out the new article: The MQL5 Standard Library Explorer (Part 1): Introduction with CTrade, CiMA, and CiATR . The MQL5 Standard Library plays a vital role in developing trading algorithms for MetaTrader 5. In this discussion series, our goal is to master its application to simplify the

Trend Vision MT4 Indicator : Trend Vision is a custom MT4 indicator that combines MACD momentum with Bollinger Bands volatility to give clear, reliable trading signals. MACD shows momentum shifts, divergence, and trend strength. Bollinger Bands measure volatility, expansion, and squeezes. By fusing

New article Market Theory has been published: A logically complete market theory that would cover all types and varieties of markets for goods and services, micro and macro markets like Forex, hasn't been available until now. This article covers the essence of a new market theory based on the profit

Check out the new article: Moving to MQL5 Algo Forge (Part 3): Using External Repositories in Your Own Projects . Let's explore how you can start integrating external code from any repository in the MQL5 Algo Forge storage into your own project. In this article, we finally turn to this promising

Check out the new article: Self Optimizing Expert Advisors in MQL5 (Part 13): A Gentle Introduction To Control Theory Using Matrix Factorization . Financial markets are unpredictable, and trading strategies that look profitable in the past often collapse in real market conditions. This happens

New article Custom Strategy Tester based on fast mathematical calculations has been published: The article describes the way to create a custom strategy tester and a custom analyzer of the optimization passes. After reading it, you will understand how the math calculations mode and the mechanism of

Check out the new article: Overcoming The Limitation of Machine Learning (Part 4): Overcoming Irreducible Error Using Multiple Forecast Horizons . Machine learning is often viewed through statistical or linear algebraic lenses, but this article emphasizes a geometric perspective of model

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

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