Articles, Library comments - page 21

HTF_Reversal_Divergences : A multi_timeframe indicator which features RSI divergence. + Buy/Sell signals Inspired from trading view. Author: Hammad Dilber

Chart Water Mark : Chart Water Mark Transform your MetaTrader 5 charts to look as elegant and professional as TradingView. Author: Robby Suhendrawan

Check out the new article: Python + MetaTrader 5: Fast Research Framework for Data, Features, and Prototypes . The article demonstrates how Python and MetaTrader 5 integration combines research flexibility and trade execution into a single workflow. Python is used for data analysis, feature

Correlation Matrix Heatmap with Interactive Dashboard : Interactive Correlation Heatmap using high-performance MQL5 matrix functions. > Features a draggable, minimizable dashboard with instant multi-timeframe switching and a vivid 5-band color scale for real-time currency relationship analysis

Check out the new article: Integrating Hidden Markov Models in MetaTrader 5 . In this article we demonstrate how Hidden Markov Models trained using Python can be integrated into MetaTrader 5 applications. Hidden Markov Models are a powerful statistical tool used for modeling time series data, where

Weekend Gap Statistics and Distribution Analyzer : The Weekend Gap Statistics & Distribution Analyzer is a purely analytical MQL5 indicator designed to evaluate the historical behavior of weekend price gaps. It scans chart data to calculate gap closure rates and measures the adverse excursion

Check out the new article: CFTC Data Mining in Python and Building an AI Model . Let's try mining CFTC data, downloading COT and TFF reports via Python, connecting all this with MetaTrader 5 quotes and an AI model, and get forecasts. What are COT reports in the Forex market? How to use COT and TFF

MTF Confluence Board : A multi-timeframe analysis panel that evaluates four classic signal engines — Stochastic, fast vs slow RSI, fast CCI and slow CCI — across nine timeframes from M1 to MN1. Each engine returns BUY, SELL or WAIT, and the panel sums them into a per-timeframe verdict. Optional

Price prediction by Nearest Neighbor found by a weighted correlation coefficient : The main disadvantage of the classical Nearest Neighbor algorithm (see an examplary implementation in https://www.mql5.com/en/code/133 ) is that all prices within a pattern are treated equally. In other words, it

Forex Calculators : Margin Calculator, Point Value Calculator, Profit Calculator and Swap Calculator. Author: amrali

Check out the new article: Recurrence Quantification Analysis (RQA) in MQL5: Building a Complete Analysis Library . This article builds a complete Recurrence Quantification Analysis (RQA) toolkit for MetaTrader 5 in pure MQL5. We cover phase-space reconstruction, time-delay embedding, distance and

Check out the new article: How to connect AI agents to MetaTrader 5 via MCP . This article shows how to connect AI agents directly to MetaTrader 5 by building a complete MCP (Model Context Protocol) server in Python. It details the architecture, MetaTrader 5 client wrapper, market data and order

Draw on Liquidity DOL Mapper MT4 - ICT Targets : Maps all Draw on Liquidity targets: previous day/week/month highs-lows, equal levels, untested FVGs. Shows WHERE price is heading next. Author: Kestutis Balciunas

BEC Lockin Dashboard Manager : BEC Trade Manager helps you manage active positions on the current symbol using one-click controls for breakeven, trailing logic, partial close, stop-loss removal, profit-side closing, loss-side closing, and fast scalp entries. It also displays key account and symbol

Check out the new article: Mining Central Bank Balance Sheet Data to Get a Picture of Global Liquidity . Mining central bank balance sheet data provides a picture of global liquidity in the Forex market and key currencies. We combine data from the Fed, ECB, BOJ and PBoC into a composite index and

Check out the new article: MQL5 Wizard Techniques you should know (Part 87): Volatility-Scaled Money Management with Monotonic Queue in MQL5 . This article presents a custom MQL5 money management class that adapts position sizing to real-time volatility using a monotonic queue for O(N)

Check out the new article: Developing a Multi-Currency Advisor (Part 27): Component for Displaying Multi-Line Text . If there is a need to display text on a chart, we can use the Comment() function. But its capabilities are quite limited. Therefore, in this article, we will create our own component

Check out the new article: Price Action Analysis Toolkit Development (Part 67): Automating Support and Resistance Monitoring in MQL5 . This article implements a complete MQL5 Expert Advisor that monitors manually drawn support and resistance levels in real time. It synchronizes horizontal lines

Check out the new article: MQL5 Trading Tools (Part 29): Step-by-Step Butterfly Animation on Canvas . In this article, we expand our butterfly animation program with a four-stage animation pipeline: sequential curve drawing, smooth wing fill fading, detailed body rendering, and continuous flight. We

Check out the new article: Developing Trading Strategy: Pseudo Pearson Correlation Approach . Generating new indicators from existing ones offers a powerful way to enhance trading analysis. By defining a mathematical function that integrates the outputs of existing indicators, traders can create

Check out the new article: Trading Options Without Options (Part 1): Basic Theory and Emulation Through Underlying Assets . The article describes a variant of options emulation through an underlying asset implemented in the MQL5 programming language. The pros and cons of the chosen approach are

Check out the new article: Neural Networks in Trading: Detecting Anomalies in the Frequency Domain (CATCH) . The CATCH framework combines Fourier transform and frequency patching to accurately identify market anomalies beyond the reach of traditional methods. Let us examine how this approach reveals

L1 Trend Filter Demo : The script shows the usage of L1 Trend Filter methods in MQL5 for float and double vectors on random walk simulated data. Author: Quantum

Check out the new article: File-Based Versioning of EA Parameters in MQL5 . This article explains how to implement parameter versioning in MQL5 using binary files and packed structures. It shows how to write and read fixed-size records with FileWriteStruct and FileReadStruct in FILE_BIN mode

Smart Money Concepts : An indicator which features full Smart Money Concept (SMC) + Break Of Structure (BOS) + Change Of Character (COC) + Fair Value Gap (FVG) Detection and Buy/Sell signals. Author: Hammad Dilber

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

Check out the new article: Building a Trade Analytics System (Part 2): How to Capture Closed Trades and Send JSON in MQL5 . We build a lightweight bridge that captures closed trades in MetaTrader 5 and sends them to an external backend over HTTP as JSON. It uses OnTradeTransaction for event

Check out the new article: Engineering Trading Discipline into Code (Part 4): Enforcing Trading Hours and News Disabling in MQL5 . An MQL5 control system that blocks orders outside scheduled trading hours and during scheduled news releases, converting time rules into executable restrictions. It

Check out the new article: Automating Trading Strategies in MQL5 (Part 48): Order Blocks, Inducement, Break of Structure . We implement an MQL5 expert advisor that detects order blocks formed after consolidation breakouts and confirms them with fair value gaps. Each zone is validated by a break of

Check out the new article: Using the MQL5 Economic Calendar for News Filter (Part 4): Accurate Backtesting with Static Data . This article implements a static, CSV-based news source for the Strategy Tester, so historical economic news events can be preloaded and queried during backtesting. It