Articles, Library comments - page 3

ZigZag Support and Resistance Detection : ZigZag SNR Detection identifies support and resistance levels using ZigZag pivot points. Author: Tshidiso Ephraim Mpakanyane

Virtual : Virtual trading environment Author: fxsaber

Check out the new article: Building an Object-Oriented Session VWAP Engine in MQL5 . This article shows how to implement a session vwap in MQL5 as a reusable include class with a strict daily reset at broker midnight. The engine computes VWAP and volume‑weighted deviation bands only on closed bars

Market Structure SMC: Swings, BOS/CHoCH, Order Blocks, FVG, QML : SMC/ICT market-structure indicator for MT5: swing highs/lows, BOS (continuation) and CHoCH (reversal) confirmed on close, Order Blocks, Fair Value Gaps, and QML (Quasimodo) levels. Every feature is toggle-able, with adjustable swing

SuperTrend_Amarnath_Kondiyan_Mohan : Super trend with basket TP and SL management Author: Amarnath Kondiyan Mohan

EA KCI N-Matrix engine : The Apex of Algorithmic Grid & Kinetic Momentum. Welcome to the KCI Native Matrix Engine—a merciless, mathematically driven algorithmic behemoth built natively for MetaTrader 5. Engineered for High-Frequency Trading (HFT) environments, this EA strips away bloated standard

fair value gap/imbalance : Dynamic Fair Value Gap (FVG) is an MQL5 indicator for MetaTrader 4 that automatically detects market price imbalances. This indicator is perfectly suited for traders utilizing the Smart Money Concepts (SMC) strategy. Author: reza rahmad

Profit Loss calendar : P/L Calendar — Monthly Profit & Loss at a Glance. P/L Calendar shows you, day by day, exactly how your account performed this month — so you can spot your best and worst days, track your win rate, and see your trading rhythm without digging through the terminal's history tab

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

001 - Turnaround Tuesday : Expert Advisor for testing the Turnaround Tuesday hypothesis. If Monday closes bullish, a Sell position is opened on Tuesday. If Monday closes bearish, a Buy position is opened. The EA supports an ATR-based filter, ATR-based Stop Loss and Take Profit levels, as well as

Equity Guard — Daily Loss Limit Guardian with Panic Panel : Account-level daily loss guardian: when your daily loss reaches a configurable trigger, it closes all positions and pending orders and keeps the account flat until the next daily reset. Limits in percent or money, configurable reset time

Double Enevlopes (Historical Gauged) : A babysitting trade management tool and system :D Author: Amarnath Kondiyan Mohan

EA KCI Embeded Sniper : The KCI Embedded Sniper is an algorithmic trading solution designed for high-precision reversal entries. Unlike conventional Expert Advisors that rely on external indicator dependencies (which often suffer from thread desynchronization and latency), this EA features a fully

Check out the new article: Low-Frequency Quantitative Strategies in MetaTrader 5 (Part 4): A Volatility-Adjusted Momentum-Based Intraday System . We present a timer-based MQL5 EA for Opening Range Breakout aligned to NYSE hours. It screens “Stocks in Play” via opening-range relative volume, enforces

Candle Close Timer – MT5 Indicator : Indicator Description – Candle Close Timer Name: Candle Close Timer Version: 1.0 Author: BENTRADE TRADING Link: https://www.mql5.com/en/users/dahmi_benali Author: Abderrahmane Benali

Institutional Shannon Entropy (Predictability Index) : A quantitative Information Theory engine that calculates the Shannon Entropy of price distribution to mathematically measure market randomness and algorithmic predictability. Author: Amanda Vitoria De Paula Pereira

Institutional ATR Trailing Stop and Breakeven Manager : A professional trade management Expert Advisor for MT4. It replaces static trailing stops with a dynamic, volatility-based ATR Trailing logic, and includes an automated Breakeven feature to protect funded prop firm accounts. Author: Amanda

Institutional Markov Chain Transition Matrix : A quantitative stochastic probability engine that utilizes Markov Chain transition matrices to mathematically forecast the percentage chance of bullish or bearish continuation on the next algorithmic execution cycle. Author: Amanda Vitoria De Paula

Asynchronous Institutional Trade Engine (Library) : A professional object-oriented MQL5 library designed for quantitative developers. It provides asynchronous order execution and dynamic slippage control to prevent terminal freezing during high-frequency algorithmic trading. Author: Amanda Vitoria

Institutional Fourier Transform (DFT) Dominant Cycle Language: MQL5 : A digital signal processing (DSP) engine that applies the Discrete Fourier Transform (DFT) to market data, isolating the dominant cyclical frequency to project turning points and eliminate phase-lag. Author: Amanda Vitoria De

OHLCMTF Scalper EA - Multi-Timeframe Price Action : A strict Multi-Timeframe Price Action Expert Advisor that trades based on precise OHLC conditions across different timeframes simultaneously. It features pending order entries, role reversals, and dynamic risk management without using any lagging

Institutional Gaussian Signal Filter (Zero-Lag ALMA) : A quantitative Gaussian filter designed to replace lagging retail moving averages by applying advanced digital signal processing to eliminate market noise without sacrificing responsiveness. Author: Amanda Vitoria De Paula Pereira

Check out the new article: Building a Divergence System (Part II): Adaptive SuperTrend Custom Indicator . The article upgrades SuperTrend by integrating a divergence engine (MPO4 or RSI) the dynamically reduces the ATR multiplier during weakening momentum. It covers the shrinking formula

Check out the new article: Implementing a Circular Buffer Class in MQL5: Fixed-Memory Rolling Windows for Real-Time Indicator Calculations . A templated CCircularBuffer class for MQL5 replaces the O(n) ArrayCopy array-shift pattern with O(1) insertion using a fixed-capacity ring buffer. The

Check out the new article: Custom Indicator Workshop (Part 3): Building the UT Bot Alerts Indicator in MQL5 . This article demonstrates how to build the UT Bot Alerts indicator in MQL5 using a clear, step-by-step approach. The tutorial explains how to implement an ATR-based trailing stop system

Check out the new article: Automating Trading Strategies in MQL5 (Part 50): Turtle Soup Liquidity Sweeps . We build an automated MQL5 program that trades Turtle Soup by fading false breakouts of the N-bar high and low. The article implements liquidity-sweep detection, confirmation closes back inside

Check out the new article: Reimagining Classic Strategies (Part 22): Ensemble Mean Reverting Strategy . This article will illustrate to the reader how to implement a mean-reverting strategy for the EURUSD pair. The strategy follows contrarian trading rules. Our strategy implements a weekly moving

Check out the new article: Extreme Value Theory in MQL5: Building a Tail-Risk Crash Gauge Beyond Monte Carlo VaR . Standard MQL5 risk tools read risk from recent history and miss how heavy the downside tail can be. We implement Extreme Value Theory in MetaTrader 5: a Peaks‑Over‑Threshold fit of the

KCI Directional Matrix : The KCI-Directional Matrix (KCI-DX) is an advanced, physics-inspired analytical tool that extracts market kinematics by measuring price path length and volatility energy. Unlike conventional momentum tools, KCI-DX employs a dynamic Z-Score normalization combined with a

KCI Volatility Distance : The KCI Volatility Distance is an advanced, adaptive algorithm meticulously engineered to map market momentum and trend direction with pure precision. Utilizing a proprietary matrix-based calculation, this tool dynamically filters out market noise and provides a strictly