Articles, Library comments - page 22

Prop Firm Risk Dashboard - daily loss and drawdown monitor : A read-only on-chart panel that tracks your account against a daily-loss limit and a max-drawdown limit, with color-coded OK / WARNING / DANGER status. Monitoring only - it does not place, modify or close any orders. Author: Dror Munk

Check out the new article: Automating Classic Market Methods in MQL5 (Part 2): Wyckoff Cause and Effect—Point and Figure Price Targets . This article builds a self-contained MQL5 Expert Advisor that completes the Wyckoff cycle: it detects accumulation/distribution with a finite state machine, enters

Premium Discount Range Mapper : A lightweight educational MetaTrader 5 indicator that maps Premium, Equilibrium and Discount areas from a selected market range. Author: Talal N Z Aljarusha

Check out the new article: Engineering Trading Discipline into Code (Part 8): Building a Setup Confirmation and Trade Authorization Layer in MQL5 . This article introduces an MQL5 trade authorization framework built around CDisciplineLayer, CDisciplineGuardian, and CDisciplinePanel. The framework

Check out the new article: Implementation of the Quantum Reservoir Computing (QRC) circuit . A revolutionary approach to machine learning in trading through quantum computing. The article demonstrates a practical implementation of an adaptive QRC system with continuous retraining for predicting

Check out the new article: Beyond GARCH (Part VII): Monte Carlo Volatility Forecasting in MQL5 . We implement the CMonteCarlo module that turns the fitted MMAR parameters into a volatility forecast via Monte Carlo. It runs N independent simulations over a chosen horizon and reports mean, median

Check out the new article: Digital Signal Processing for Traders: Building Ehlers' Filter Library in MQL5 . We implement Ehlers-style DSP filters in a single reusable MQL5 library and use it to build two indicators. The Roofing Filter applies a 2‑pole high‑pass followed by a Super Smoother to

RSI Grid EA Pro : RSI Grid Overlap Pro is a professional MT5 Expert Advisor combining RSI-based market entries with an adaptive grid recovery system. It features intelligent overlap order management to reduce drawdown, plus virtual trailing stop, breakeven, and three lot sizing modes — fixed

Check out the new article: Heatmap Visualization of Intraday Return Patterns in MQL5 Using CCanvas . MetaTrader 5 provides no native tool for visualizing intraday return patterns across time dimensions simultaneously. This article implements a custom indicator that aggregates historical bar returns

Check out the new article: Market Microstructure in MQL5 (Part 7): Regime Classification . We integrate eleven one-minute microstructure measurements from Parts 2–6 into a composite regime label with confidence and direction. A rule-based RegimeClassifier() assigns one of six regimes—Normal

Check out the new article: Developing a Neural Network Trading Robot Based on Mamba with Selective State Space Models . The article explores the revolutionary Mamba/SSM neural network architecture for financial time series forecasting. We will consider a complete MQL5 implementation of a modern

Check out the new article: Measuring What Matters (Part 1) : Portfolio Risk Decomposition in MQL5 . The article establishes a reproducible method to measure portfolio risk for multiple symbols using MQL5 matrices and OpenBLAS. It covers computing log returns, building a covariance matrix, and

Inside Bar : Automatically detect Inside Bar patterns, draw projection rectangles, and receive real‑time alerts – all in one powerful indicator. Swing And Full Margin trader Author: reza rahmad

Check out the new article: Engineering a Self-Healing Expert Advisor in MQL5 (Part 4): Trade-State Reconciliation and Safe Mode Recovery . This article adds trade-state reconciliation and Safe Mode recovery to a MetaTrader 5 Expert Advisor. The EA continuously validates recovery integrity by

Check out the new article: Persistent Key-Value Store in MQL5: Using Flat Files as a Lightweight Database for EA State . A lightweight persistence design lets EAs retain counters, flags, and timestamps between terminal restarts. Using only MQL5, CPersistentStore writes a human-readable key=value

Check out the new article: MQL5 Wizard Techniques you should know (Part 99): Using a KD-Tree and an Echo State Network in a Custom Money Management Class . This article lays out 'CMoneyKDTreeESN' custom money management class usable with the MQL5 Wizard, that combines the KD-Tree algorithm and the

Check out the new article: Creating an HTML Dashboard for Strategy Tester and Prop Firm Challenge Analysis in MQL5 . This article demonstrates how to build a reusable prop‑firm evaluation module for MQL5 Expert Advisors and export results to an HTML dashboard. The module monitors balance and equity

Check out the new article: Engineering a Self-Healing Expert Advisor in MQL5 (Part 3): Restart-Aware Breakeven and Trailing Systems . Building on Part 2, the implementation introduces restart-aware breakeven and trailing-stop systems for MetaTrader 5. The EA persists the state, such as breakeven

Automatic Chart Refresher : A tool which refreshes the chart automatically and will make active indicators update if something stopped plotting on the chart. Author: phade

Check out the new article: Lazy-Loading Indicator Handles in MQL5: A Resource Manager Pattern for Multi-Timeframe EAs . Multi‑timeframe EAs that initialize every indicator handle in OnInit() pay a fixed startup cost even when most handles are never used. CIndicatorCache applies lazy loading with

Check out the new article: MetaTrader 5 Machine Learning Blueprint (Part 18): Sequential Bootstrap, Corrected — Clone, Class Erasure, and the Comparison Toolkit . The article diagnoses two defects that neutralize sequential bootstrap during cross‑validation: type erasure of

Result - type-safe error handling for MQL5 without exceptions : A small, dependency-light library that brings a Rust-style Result type to MQL5. Functions return a single value-or-error object instead of relying on the global GetLastError() state, so failures are explicit and impossible to ignore

Check out the new article: Feature Engineering for ML (Part 7): Entropy Features in Python . The article provides production-ready entropy estimators (Shannon, plug-in, Lempel–Ziv, Kontoyiannis) operating on tick-rule–encoded sequences. It resolves three correctness and performance issues in the

Check out the new article: Forecasting in Trading Using Grey Models . The article discusses the application of Grey models to forecasting financial time series. We will consider the operating principles of Grey models and the specifics of their application to financial series. We will also discuss

Check out the new article: Gaussian Processes in Machine Learning (Part 2): Implementing and Testing a Classification Model in MQL5 . In this section, we will look at the implementation of the key interfaces of the library of Gaussian processes in MQL5: IKernel, ILikelihood, and IInference. We will

Confirmed Swing Points Helper : A small educational MetaTrader 5 indicator that marks confirmed swing highs and lows and labels market structure as HH, HL, LH and LL. Author: Talal N Z Aljarusha

Clock : The indicator displays three variants of time in the chart: local, server and GMT! Fig.1 The Clock indicator Author: Nikolay Kositsin

Spread Calculator : Spread calculator is created to display the current spread on any currency pair on the chart. Author: Opengates Success International

XAUUSD Spread Alert Utility MT5 : Educational MT5 chart utility that monitors XAUUSD spread on the chart and alerts when spread rises above user-defined warning or danger levels. Author: Brijesh Jaiswal

SL-TP Values : Indicator displays the value of defined stop loss and or take profit in the deposit currency. Note: It calculates an estimated value based on a simple calculation and does not take into account brokerage commissions. Author: Livio Alves