Articles, Library comments - page 2

Check out the new article: Price Action Analysis Toolkit Development (Part 21): Market Structure Flip Detector Tool . The Market Structure Flip Detector Expert Advisor (EA) acts as your vigilant partner, constantly observing shifts in market sentiment. By utilizing Average True Range (ATR)-based

Custom MA Cross with RSI Indicator for MT5 : The Custom MA Cross with RSI Indicator for MT5 is a versatile trading tool designed to help traders identify trend changes and filter entries using momentum. This indicator combines two moving averages (MA) with the Relative Strength Index (RSI), offering

Kuskus Starlight : Kuskus Starlight is an oscillator that utilizes a Fisher price transformation to identify trends and potential reversals. The original MT4 code by Scriptor is available at: https://www.mql5.com/en/code/8365. Author: Marteo Gonzales Cosme

New article The checks a trading robot must pass before publication in the Market has been published: Before any product is published in the Market, it must undergo compulsory preliminary checks in order to ensure a uniform quality standard. This article considers the most frequent errors made by...

Check out the new article: Integrating AI model into already existing MQL5 trading strategy . This topic focuses on incorporating a trained AI model (such as a reinforcement learning model like LSTM or a machine learning-based predictive model) into an existing MQL5 trading strategy. In this

Check out the new article: MQL5 Wizard Techniques you should know (Part 61): Using Patterns of ADX and CCI with Supervised Learning . The ADX Oscillator and CCI oscillator are trend following and momentum indicators that can be paired when developing an Expert Advisor. We look at how this can be

Check out the new article: Building a Custom Market Regime Detection System in MQL5 (Part 1): Indicator . This article details creating an MQL5 Market Regime Detection System using statistical methods like autocorrelation and volatility. It provides code for classes to classify trending, ranging

RRS Impulse : This EA scalps using the Relative Strength Index (RSI) Indicator, Stochastic Oscillator Indicator, and Bollinger Bands Indicator to identify trend or counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals. This EA comes with a variety of features

Volatility quality - zero line: Short description. Author: Mladen Rakic

Check out the new article: How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 6): Two RSI indicators cross each other's lines . The multi-currency expert advisor in this article is an expert advisor or trading robot that uses two RSI indicators with crossing lines, the Fast RSI

Examples from the book "Neural networks for algorithmic trading with MQL5" : The book "Neural networks in algorithmic trading with MQL5" is a comprehensive guide, covering both the theoretical foundations of artificial intelligence and neural networks and practical aspects of their application in

Simple license on account name : Below you can find a super simple method to create a license based on MT4 account name. Place in your init function: CheckLicense(); The stringLower method makes sure the account name is in lowercase. Then you can check this value with the account name you want to

Piano : Listen to the rhythm of your candlesticks Author: Rajesh Kumar Nait

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: How to build and optimize a volume-based trading system (Chaikin Money Flow - CMF) . In this article, we will provide a volume-based indicator, Chaikin Money Flow (CMF) after identifying how it can be constructed, calculated, and used. We will understand how to build a

Check out the new article: Decoding Opening Range Breakout Intraday Trading Strategies . Opening Range Breakout (ORB) strategies are built on the idea that the initial trading range established shortly after the market opens reflects significant price levels where buyers and sellers agree on value

Check out the new article: From Novice to Expert: Programming Candlesticks . In this article, we take the first step in MQL5 programming, even for complete beginners. We'll show you how to transform familiar candlestick patterns into a fully functional custom indicator. Candlestick patterns are

Check out the new article: Neural Networks in Trading: Exploring the Local Structure of Data . Effective identification and preservation of the local structure of market data in noisy conditions is a critical task in trading. The use of the Self-Attention mechanism has shown promising results in

AhrensMA: Ahrens Moving Average indicator Author: Scriptor

New article MetaTrader 5 on Linux is published: In this article, we demonstrate an easy way to install MetaTrader 5 on popular Linux versions — Ubuntu and Debian. These systems are widely used on server hardware as well as on traders’ personal computers. Author: MetaQuotes

BreakRevertPro EA Adaptive Trading Edge for Breakout Mean Reversion : BreakRevertPro EA merges breakout and mean reversion strategies with adaptive SL/TP and multi-timeframe ATR trailing stops for flexible trading in volatile markets. Author: Mustafa Seyyid Sahin

Volatility Stop : Volatility Stop - indicator of stop levels by volatility Author: Artyom Trishkin

CTJM Candle Timer - Indicator for MT5 : This indicator will shows the time remaining until the end of the candle. You can choose colour and the font size. Author: Jivarajah Tharamarajah

Auto Fibo: Automatic Fibonacci with ZigZag Base. Author: Hector Pacheco

Check out the new article: From Basic to Intermediate: FOR Statement . In this article, we will look at the most basic concepts of the FOR statement. It is very important to understand everything that will be shown here. Unlike the other statements we've talked about so far, the FOR statement has

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: Building a Custom Market Regime Detection System in MQL5 (Part 2): Expert Advisor . This article details building an adaptive Expert Advisor (MarketRegimeEA) using the regime detector from Part 1. It automatically switches trading strategies and risk parameters for

Net Volume : The "Net Volume" indicator shows the volume taking into account the pressure of sellers and buyers Author: Artyom Trishkin

Check out the new article: Automating Trading Strategies in MQL5 (Part 15): Price Action Harmonic Cypher Pattern with Visualization . In this article, we explore the automation of the Cypher harmonic pattern in MQL5, detailing its detection and visualization on MetaTrader 5 charts. We implement an

Fair Value Gaps : Fair Value Gaps indicator or 'imbalance areas' where markets often move back to. Author: maximo