Articles, Library comments - page 3

Absorption : The EA trades with the Absorption pattern. Working with pending orders Buy Stop and Sell Stop. Author: Vladimir Karputov

Check out the new article: Statistical Arbitrage Through Cointegrated Stocks (Part 7): Scoring System 2 . This article describes two additional scoring criteria used for selection of baskets of stocks to be traded in mean-reversion strategies, more specifically, in cointegration based statistical

Check out the new article: Hidden Markov Models for Trend-Following Volatility Prediction . Hidden Markov Models (HMMs) are powerful statistical tools that identify underlying market states by analyzing observable price movements. In trading, HMMs enhance volatility prediction and inform

Professional Close All Positions Panel : Professional panel for closing positions with 6 smart filters. Close all, by type, by symbol, or by profit/loss. Real-time P&L display. Perfect for emergency exits and risk management. Includes safety confirmations. Author: Hezekiah Bukola Oyetunde

Check out the new article: Statistical Arbitrage Through Cointegrated Stocks (Part 1): Engle-Granger and Johansen Cointegration Tests . This article aims to provide a trader-friendly, gentle introduction to the most common cointegration tests, along with a simple guide to understanding their

Check out the new article: Developing a multi-currency Expert Advisor (Part 24): Adding a new strategy (I) . In this article, we will look at how to connect a new strategy to the auto optimization system we have created. Let's see what kind of EAs we need to create and whether it will be possible to

Check out the new article: Mastering Kagi Charts in MQL5 (Part 2): Implementing Automated Kagi-Based Trading . Learn how to build a complete Kagi-based trading Expert Advisor in MQL5, from signal construction to order execution, visual markers, and a three-stage trailing stop. Includes full code

Check out the new article: Fortified Profit Architecture: Multi-Layered Account Protection . In this discussion, we introduce a structured, multi-layered defense system designed to pursue aggressive profit targets while minimizing exposure to catastrophic loss. The focus is on blending offensive

Check out the new article: The View and Controller components for tables in the MQL5 MVC paradigm: Containers . In this article, we will discuss creating a "Container" control that supports scrolling its contents. Within the process, the already implemented classes of graphics library controls will

Calendar : Calendar - fundamental analysis on history and real-time. Author: fxsaber

Aklamavo Quarters Theory : This indicator implements the "Quarters Theory" - a technical analysis concept that divides price movement into four quarters around a central base level. It's designed to work with multiple asset types (Forex, stocks, commodities, etc.) and provides visual quarter levels

New article Exploring options for creating multicolored candlesticks has been published: In this article I will address the possibilities of creating customized indicators with candlesticks, pointing out their advantages and disadvantages. The great advantage of this last method is that we will have

Check out the new article: Automating Trading Strategies in MQL5 (Part 45): Inverse Fair Value Gap (IFVG) . In this article, we create an Inverse Fair Value Gap (IFVG) detection system in MQL5 that identifies bullish/bearish FVGs on recent bars with minimum gap size filtering, tracks their states as

Check out the new article: Chaos Game Optimization (CGO) . The article presents a new metaheuristic algorithm, Chaos Game Optimization (CGO), which demonstrates a unique ability to maintain high efficiency when dealing with high-dimensional problems. Unlike most optimization algorithms, CGO not only

AK-47 Scalper EA : The AK-47 Scalper EA is fully automated. It employs a strategy of continuously entering Sell Stop orders and will modify them when the price moves against the pending orders. Author: Nguyen Quoc Hung

MultiTester : Multiple runs/optimisations in Tester. Author: fxsaber

Wick or Body High Low : Searches for Wick or Body based High low in visible bars of chart Author: Rajesh Kumar Nait

Customised bmap chart : This is a custom indicator for MetaTrader 5 whose sole purpose is to display a BMP image on the chart, centred on the screen Author: Oscar Andres Mantilla Torres

BTF_BB : The Bigger Time Frame Bollinger Bands indicator Author: Scriptor

Trading Volume Indicator: Trading Volume indicator shows the volume of buying and selling trades on the current bar or on average of specific number of last bars as you want . Both volumes are shown simultaneously with green and red colors for buying and selling trading volumes respectively...

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

New article Payments and payment methods is published: MQL5.community built-in services offer great opportunities both to MQL5 developers and ordinary traders with no programming skills. But all these features can't be implemented without in-house secure payment system, that provides a convenient

Check out the new article: Master MQL5 from Beginner to Pro (Part VI): Basics of Developing Expert Advisors . This article continues the series for beginners. Here we will discuss the basic principles of developing Expert Advisors (EAs). We will create two EAs: the first one will trade without

Indicator Arrows II : The indicator plots up/down buffer arrows in the chart window when conditions are met on one or two of the following indicators: Moving Average ; Moving Average Convergence/Divergence (MACD ); Oscillator of Moving Averages (OsMA ); Stochastic Oscillator ; Relative Strength

Check out the new article: From Novice to Expert: Developing a Geographic Market Awareness with MQL5 Visualization . Trading without session awareness is like navigating without a compass—you're moving, but not with purpose. Today, we're revolutionizing how traders perceive market timing by

Check out the new article: Reimagining Classic Strategies (Part 19): Deep Dive Into Moving Average Crossovers . This article revisits the classic moving average crossover strategy and examines why it often fails in noisy, fast-moving markets. It presents five alternative filtering methods designed

Check out the new article: Modified Grid-Hedge EA in MQL5 (Part II): Making a Simple Grid EA . In this article, we explored the classic grid strategy, detailing its automation using an Expert Advisor in MQL5 and analyzing initial backtest results. We highlighted the strategy's need for high holding

Check out the new article: Automating Trading Strategies in MQL5 (Part 36): Supply and Demand Trading with Retest and Impulse Model . In this article, we create a supply and demand trading system in MQL5 that identifies supply and demand zones through consolidation ranges, validates them with

TrailingStopAndTake : Simple trailing of stop loss and take profit orders of open positions. Author: Scriptor

Check out the new article: Introduction to MQL5 (Part 30): Mastering API and WebRequest Function in MQL5 (IV) . Discover a step-by-step tutorial that simplifies the extraction, conversion, and organization of candle data from API responses within the MQL5 environment. This guide is perfect for