Articles, Library comments - page 3

Trading Session Boxes: Tokyo, London, New York : Draws the Tokyo, London and New York sessions of the last few days as boxes from each session's high to its low, with the high and low printed on the chart. Session hours are set in server time. Author: Dragos Mihai Ofrim
Candle Timer with Spread and Swap Countdown MT4 : Countdown to the close of the current bar, the live spread in points and the time left until the next server midnight, when brokers roll positions over and charge swap. Author: Dragos Mihai Ofrim
Check out the new article: James-Stein Shrinkage: Estimating Many Numbers at Once, and Testing What It Buys . This article implements a James–Stein and empirical Bayes shrinkage library in MQL5, validates it against hand-checked arithmetic and a Python reference, and applies it to ten years of H1
Check out the new article: Integrating MQL5 with Data Processing Packages (Part 11): Multi-Timeframe Causality Detection using Granger Analysis . This article implements a multi‑timeframe Granger causality monitor for MetaTrader 5. A Jupyter notebook tests predefined timeframe pairs, selects lags
Check out the new article: Building Your Personal Expert Advisor (Part 1): From Fragile Script to Working EA . This article focuses on EA architecture rather than signal design. Starting with a flawed Moving Average crossover EA, we add new‑bar detection to prevent duplicate entries, Magic Number
Check out the new article: Developing a Quantitative Session Analysis Tool (Part 2): Building Universal Sessions and Analysing Session Relationships . The Session Analyzer is upgraded to define sessions by local market time and to translate those windows into broker/server time with date-aware DST
Check out the new article: Building A Candlestick Trend Constraint Model (Part 13): Normalizing and Scoring Lower-Timeframe Trigger Quality . The EA now computes an equal-weight score at M1 confirmation from normalized body fraction, breakout relative to C's range, and elapsed time, while excursions
Check out the new article: Neural Networks in Practice: ReLU Function Graph . We will create an indicator written entirely in MQL5 to display the activation function and its derivative on the chart, using ReLU as an example. We will explain how derivatives affect the choice of activation function
Check out the new article: From Basic to Intermediate: Subwindows (III) . This article takes a detailed look at using subwindows in MQL5 indicators: creating them, detecting instances, and preventing duplication. It also covers INDICATOR_SHORTNAME, querying information about chart windows and
Check out the new article: Neural Networks in Trading: A Spiking Architecture for Spatio-Temporal Market Analysis (SDformerFlow) . The article presents an adaptation of the SDformerFlow spiking architecture for the task of dense analysis of price micro-movements. The spatio-temporal structure
Spread and Swap Monitor : Shows the spread of every bar as a histogram with its average, flags unusually wide spreads, and lists the live spread, swap long/short, the triple-swap day and a bar countdown. Author: Winston Teddy Meyn
ATR Risk Planner : Plans ATR-based stop loss and take profit levels for a buy and a sell from the current price and works out the lot size for the account risk you choose. Author: Winston Teddy Meyn
MTF Trend Matrix : A compact dashboard that shows the EMA trend direction and ADX strength of several symbols across several timeframes at once. Author: Winston Teddy Meyn
Session Ranges + ADR Panel : Asian, London and New York session boxes with high/low range, plus a clean panel showing ADR, today's % of ADR, spread and time to candle close. Author: Winston Teddy Meyn
G7 Account Inspector Pro - Institutional Prop Firm Risk Auditor and Performance HUD : Institutional on-chart account inspector, behavioral signature analyzer, EA vs manual breakdown, and prop firm drawdown auditor with 1-click HUD. Author: Sophea Khin
G7 Institutional SMC Radar and AI Dashboard : A premium, on-chart analytical dashboard that automatically scans for ICT Order Blocks, Fair Value Gaps (FVG), and calculates real-time AI confluence scores for Smart Money traders. Author: Sophea Khin
Basket Close Manager - close a group of trades at a money or percent target, loss limit, trailing lock or set time : Watches a basket of positions (whole account, one symbol and/or one magic number) and closes all of them together when the floating P/L hits your profit target, loss limit, trailing
TesterVsLive - match a Strategy Tester report against your real account, trade by trade : A free, read-only utility. It reads an MT4 Strategy Tester report (.htm) and matches every backtest trade with your account history. It then shows the match rate, missed and extra trades, entry and exit
Gold MT5 Fractal Breakout EA : A MetaTrader 5 (MT5) Expert Advisor based on breakouts of prior swing highs and lows. The EA places pending orders around confirmed fractal structures and manages each trade with defined stop-loss, take-profit, and optional position-management rules. Author: chen guang
Check out the new article: Building AI-Powered Trading Systems in MQL5 (Part 13): Letting the Assistant Execute Trades Behind an Approval Card . We extend an MQL5 AI assistant from read-only tools to safe trade execution with a human-in-the-loop gate. The article defines action tools for placing
Quantum XAUUSD Silver Trader : Multi-indicator EA for Gold (XAUUSD) and Silver (XAGUSD): RSI, ADX and MA signals, adaptive ATR trailing stop and built-in capital protection. Author: Cristhian Alexander Gaibor Cuasquer
G7 FVG OB Confluence AutoTrader and Institutional SMC Dashboard : G7 FVG OB Confluence AutoTrader is a professional Smart Money Concepts (SMC) Expert Advisor and on-chart analysis utility for MetaTrader 5. Engineered for Gold (XAUUSD), Forex, and Indices, it detects high-probability institutional
MT5 Risk Reward Calculator : A free MT5 script to calculate position size, risk amount, and risk-to-reward ratio visually on the chart. Author: Jony Islam
Rolling VWAP Deviation Regime Filter : A regime-classification oscillator that measures how far, and how persistently, price deviates from a rolling volume-weighted VWAP in standard-deviation units, separating trending conditions from ranging ones. Author: Habeeb Olamide Abdulazeez
MSNR Key Levels MTF : MSNR KeyLevels MultiTF draws Malaysian SNR key levels from M5, M10, M15, H1, H4 and D1 at the same time, on any chart you have open. A built-in control panel lets you switch each timeframe on and off with a single click, so you go from a clean chart to full higher timeframe
Alternative Data: Capturing the Predictive Power of Big Data for Investment Success (Wiley Trading) Shift the balance of power from company to investor through intensified use of data Alternative Data opens a gateway to the future of investing, using Open Halo technology to provide real-time
G7 Pro Trade Manager and Prop Firm Equity Protector Auto-BE Trailing Stop 1-Click HUD) : G7 Pro Trade Manager & Prop Firm Equity Protector is a professional on-chart trading assistant for manual traders and prop firm accounts (FTMO, FundedNext, The5ers). It features a clean obsidian HUD dashboard
Order Blocks Zones SMC : Order block indicator for MT5 on Gold (XAUUSD), forex and indices: the last opposite candle before a move that breaks a swing becomes a zone, fresh, tested and broken states, closed bars only. Open source code. Author: Cristhian Alexander Gaibor Cuasquer
Broker Rollover Spread Logger and EA Guard : Tracks live midnight rollover spread spikes against a self-calibrating daytime baseline and outputs a binary iCustom guard flag (Buffer 0) so EAs can pause entries during liquidity drains. Author: Nazim Yurtcan
Risk and Stop-Loss Calculator : When I first started scalping, I had a problem: during periods of high volatility, it sometimes took too long to calculate exactly 1%, and I’d end up setting an incorrect stop-loss or using a position size that was too low or too high. But with this calculator, I can