Articles, Library comments - page 19

Popular (1M views) 4 Hour Range Strategy coded and tested : This EA is intended to test a popular trading strategy. My own backtest shows that this strategy does not work as it was intended Author: Peter Mueller

PropGuard MT5 Daily Loss and Max Drawdown Dead-Line Visualizer (Dashboard and Line) : A chart-based risk monitor for prop-firm style rules: draws a live “Dead-Line” price level showing where your Daily Loss Limit or Overall Max Drawdown would be violated, based on equity, open exposure, and optional

Strength Arrow: This is an indicator which totally based on RSI. The reason to amend this indicator is knowing the strength of a currency. Author: Khurram Mustafa

New Candle or Bar formation. : This Bot detects the open of a new candle on any set timeframe, thereby making it easier to run a one-time code, place trades and call other functions. The code is written in the OnTick() function. Author: Clinton Dennis Edem

New article Fractal Analysis of Joint Currency Movements has been published: How independent are currency quotes? Are their movements coordinated or does the movement of one currency suggest nothing of the movement of another? The article describes an effort to tackle this issue using nonlinear...

Hotkeys_TimeFrames_v1.0 : hotkeys 1-9 numbers on keyboard but not on number-pad to change timeframes 1=m1 2=m5 3=m15 4=m30 5=h1 6=h4 7=d1 8=w1 9=mn Author: NickBixy

Check out the new article: Implementing Practical Modules from Other Languages in MQL5 (Part 06): Python-Like File IO operations in MQL5 . This article shows how to simplify complex MQL5 file operations by building a Python-style interface for effortless reading and writing. It explains how to

Check out the new article: Creating Custom Indicators in MQL5 (Part 3): Multi-Gauge Enhancements with Sector and Round Styles . In this article, we enhance the gauge-based indicator in MQL5 to support multiple oscillators, allowing user selection through an enumeration for single or combined

Check out the new article: Creating a mean-reversion strategy based on machine learning . This article proposes another original approach to creating trading systems based on machine learning, using clustering and trade labeling for mean reversion strategies. Before clustering anything, we need to

Check out the new article: Larry Williams Market Secrets (Part 1): Building a Swing Structure Indicator in MQL5 . A practical guide to building a Larry Williams–style market structure indicator in MQL5, covering buffer setup, swing-point detection, plot configuration, and how traders can apply the

Rsi with Hann windowing : Rsi with Hann windowing Author: Mladen Rakic

Logify - Library for log management : Logify is a logging library for MQL designed to simplify debugging, tracking, and monitoring of EAs and indicators. It provides structured, customizable, and organized logs directly on the chart or in the terminal, with support for log levels, flexible formats

Check out the new article: Automating Trading Strategies in MQL5 (Part 12): Implementing the Mitigation Order Blocks (MOB) Strategy . In this article, we build an MQL5 trading system that automates order block detection for Smart Money trading. We outline the strategy’s rules, implement the logic in

Uniformity Factor Script : The script provides a quick estimation of an exponent/power factor for transformation of variable-length price increments into uniform distibution, that makes them a "random walk". The estimated value characterizes current symbol as more profitable when using in a

Check out the new article: From Novice to Expert: Higher Probability Signals . In high-probability support and resistance zones, valid entry confirmation signals are always present once the zone has been correctly identified. In this discussion, we build an intelligent MQL5 program that

Check out the new article: Building AI-Powered Trading Systems in MQL5 (Part 7): Further Modularization and Automated Trading . In this article, we enhance the AI-powered trading system's modularity by separating UI components into a dedicated include file. The system now automates trade execution

Check out the new article: Automating Trading Strategies in MQL5 (Part 36): Supply and Demand Trading with Retest and Impulse Model . In this article, we create a supply and demand trading system in MQL5 that identifies supply and demand zones through consolidation ranges, validates them with

EA_CCIT3 : The Expert Advisor is based on CCIT3_Simple and CCIT3_noReCalc. Crossing of the indicator's zero line is used for trading activity. Author: Im_ hungry

Candle Grids : Draw a Rectangle on chart to plot custom grids based on points value on input Author: Rajesh Kumar Nait

Check out the new article: Billiards Optimization Algorithm (BOA) . The BOA method is inspired by the classic game of billiards and simulates the search for optimal solutions as a game with balls trying to fall into pockets representing the best results. In this article, we will consider the basics

Professional Order Manager : Fox Wave Clean - Professional Order Manager Professional EA for efficient trade management with one-click position control. Clean design, powerful functionality. Author: Zbynek Liska

Check out the new article: Mastering Log Records (Part 9): Implementing the builder pattern and adding default configurations . This article shows how to drastically simplify the use of the Logify library with the Builder pattern and automatic default configurations. It explains the structure of the

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

New article How to Test a Trading Robot Before Buying it from MQL5 Market is published: MQL5 Market allows you to test a trading robot and its features before buying it. Every Expert Advisor offered in MQL5 Market comes with a demo version that can be tested in the Strategy Tester . It is quite

Simple Bar Timer : It is a script to display the time remaining until next bar arrives. Author: Conor Mcnamara

MA Cross Alert MT4 Indicator : MA Cross Alert is a custom MT4 indicator that solves one key problem: MetaTrader’s built-in Moving Average shows the line but has no way to alert you when price crosses it. Author: Kommoju Usha Rani

Check out the new article: Expert Advisor based on the universal MLP approximator . The article presents a simple and accessible way to use a neural network in a trading EA that does not require deep knowledge of machine learning. The method eliminates the target function normalization, as well as

3D Moving Average Indicator : Demonstration of 3D visualization. ‌ Author: Sergey Pavlov

Check out the new article: Developing a robot in Python and MQL5 (Part 1): Data preprocessing . Developing a trading robot based on machine learning: A detailed guide. The first article in the series deals with collecting and preparing data and features. The project is implemented using the Python

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