Articles, Library comments - page 3

BMP Chart Wallpaper : BMP Chart Wallpaper Background for MT5 Author: Rajesh Kumar Nait

b-clock : Show minutes and seconds left before new candle is appeared. Author: Totom Sukopratomo

Previous Day High Low Open Close Indicator : Plots the previous trading day's High, Low and Close as horizontal reference levels across the current session, with optional multi-day history for context. No repainting, no discretion — the levels are read directly from the completed Daily bar Author

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

Risk Position Size Calculator : Set your risk %, drag the stop, and get the exact lot size priced in your account currency — margin and target included. Calculates only, never trades. Author: Radoslaw Karol Lubas

Check out the new article: The Avellaneda-Stoikov Model: Inventory-Aware Quoting for Two-Sided Strategies . This article builds the Avellaneda–Stoikov formulas in MQL5, feeds them with rolling estimates of mid-price volatility and a proxy for order-flow intensity, and plots the reservation price

Quantora Margin Calculator MT4 - Professional Margin Requirement Calculator : Professional open-source Margin Calculator for MetaTrader 4. Calculates required margin, Free Margin impact, estimated Margin Level, position value and margin safety. Author: Bilal Gunay

Broker Spec Inspector : Prints the invisible contract limits that silently reject orders: stops level, freeze level, min/step/max lot, tick size and value, spread type, execution mode, swaps, and the margin needed for the minimum lot against your free margin. Author: Seckin Erkut

Quantora Spread Monitor MT5 - Professional Live Spread Monitoring Tool : Professional open-source Spread Monitor for MetaTrader 5. Displays live spread, minimum, maximum, average spread, history graph and configurable high-spread alerts with a modern Quantora dashboard. Author: Bilal Gunay

Custom Simple Moving Average : A two-stage adaptive moving average (base average + secondary smoothing) that colors itself by slope and marks price/average crossovers with arrows. Author: Adedayo David Gbadebo

MT4Orders : Parallel use of the MetaTrader 4 and MetaTrader 5 order systems. Author: fxsaber

Quantora Session Clock MT5 - Professional Forex Trading Session Monitor : Professional open-source Session Clock for MetaTrader 5. Displays Sydney, Tokyo, London and New York trading sessions with live status, countdown timers, progress bars, overlap information and configurable alerts. Author

Reverse RSI Bands : Reverse RSI Bands is a leading indicator that mathematically reverse-engineers the RSI formula. It plots precise target price bands directly on the main chart, showing exactly at what price the RSI will hit your specified overbought or oversold levels in real-time. Author: Alex

Session Opening Range Breakout EA : An Expert Advisor that measures the high/low of a defined session opening window, then trades the confirmed breakout of that range with risk-based position sizing and a one-trade-per-session cap. Author: Olamide Daniel Adebayo

Quantora Break Even Manager MT5 - Professional Automatic Break Even Utility : Professional open-source Break Even manager for MetaTrader 5. Automatically moves Stop Loss to Break Even with adjustable trigger, offset, Magic Number filtering and a modern Quantora dashboard. Author: Bilal Gunay

Adaptive Kalman Trend Filter with Regime Bands submission : A single-state Kalman filter that rescales its own process noise by Kaufman's Efficiency Ratio on every bar, tightening into price during trends and smoothing harder through chop, plotted with regime bands that expand and contract on the

ExMachina Telegram Bridge : Connect your MetaTrader 5 account to Telegram. Receive instant notifications every time a trade opens, closes, or gets modified — directly in your phone. This is a notification-only Expert Advisor. It does not place, modify, or close any trades. It monitors your account

Check out the new article: Unified Multi-Timeframe Renko: Synthesizing the Market's Temporal Dimensions . The article presents an innovative concept for a multi-timeframe Renko chart that combines signals from four timeframes (M5, M15, H1, H4) into a unified synthetic instrument. The system creates

Check out the new article: Price Action Analysis Toolkit Development (Part 78): Extending the Indicator Search Panel with Symbol Selection in MQL5 . We continue enhancing our modular indicator search panel by adding symbol selection capabilities. The implementation allows users to search for

Check out the new article: Measuring What Matters (Part 3): The Reconstruction Engine — Validating Risk Footprints with Matrix Algebra . This article performs a numerical verification of MQL5 eigendecomposition for a covariance matrix using the spectral theorem A = V Λ Vᵀ. It reconstructs the matrix

Check out the new article: Detecting Structural Breakpoints in Price Series Using CUSUM in MQL5 (Part 2): Implementing the Detector as a Native MQL5 Indicator . This article benchmarks CUSUM_Breakpoint.mq5 against the Siegmund ARL₀ prediction on live‑like data. The empirical false‑alarm rate is

Quantora Trading Cost Calculator MT5 - Professional Spread Commission and Swap Cost Calculator : Professional open-source Trading Cost Calculator for MetaTrader 5. Calculates spread cost, commission, swap and estimated total trading cost using live broker symbol data and adjustable position

Quantora Position Size Calculator MT4 : Professional open-source Position Size Calculator for MetaTrader 4. Calculates broker-compatible lot size using account value, risk percentage, fixed risk amount and Stop Loss distance with a modern Quantora dashboard. Author: Bilal Gunay

Quantora Trade Manager MT4 - Professional Position Management Utility : Professional open-source trade management utility for MetaTrader 4. Automatically applies Stop Loss, Take Profit, Break Even and Trailing Stop while providing a modern dashboard for efficient position management. Author: Bilal

Check out the new article: Automating Terminal Startup for Service Tasks . The article explores the possibility of launching a terminal with a configuration file to perform automated routine tasks, programmatically handling such launches, and creating a fully-fledged system for auto-optimizing an EA

Check out the new article: Machine Learning Without the Black Box: The Tsetlin Machine for Trading . This article builds a white-box classifier in MQL5 using the Tsetlin Machine. It learns human-readable AND-rules instead of weights, trains with integer state updates, and requires no external

Check out the new article: How to Detect and Normalize Chart Objects in MQL5 (Part 5): Fibonacci in Focus . The article bridges automated placement with manual analysis for the Fibonacci family in MQL5. It scans charts, identifies user Fibonacci objects, and normalizes their level arrays

New article New Article Publishing System at the MQL5.community is published: We present you a new article publishing system at the MQL5.community. In the new system, we have tried to make the whole process of article writing clear and comfortable by breaking it into several steps. At each step we

Broker Session Schedule Inspector MT5 : Read-only broker-native trading-session inspector with current status, next transition, multi-symbol scope, and CSV export. Author: Usamah

Round Trip Cost Reconciler MT5 : Read-only MT5 history utility that groups partial fills by position identifier and separates gross result from commission, swap, fee, and net result. Author: Usamah